Buyers revive interest in city flats after return to office

Interest in flats is overtaking demand for terraced homes with the return to office work, research suggests.

from BBC News - Business https://ift.tt/szBoOjq

Chancellor breaks pledge on energy bills

Rishi Sunak said a £150 council tax rebate would be paid "in April" but guidance now says "from April".

from BBC News - Business https://ift.tt/If3e0pJ

Amazon sell-off ends dismal month for US shares

Major US stock indexes took a slide in April, with the tech-heavy Nasdaq seeing its worst month since 2008.

from BBC News - Business https://ift.tt/sVtLP0e

Russia says it has made payments to avoid debt default

Moscow has paid interest on foreign bonds in dollars but admits there are "difficulties with payments".

from BBC News - Business https://ift.tt/xGOk2aB

Prepay energy customers disconnect over price rises

A record number of households have stopped topping up their pay-as-you go meters, Citizens Advice says.

from BBC News - Business https://ift.tt/ubdsGn8

Sunflower oil substitutes named by food watchdog

Supply shortages mean products may contain palm, coconut or soybean oils, says standards agency.

from BBC News - Business https://ift.tt/OGD5mAq

OMV: Austria energy firm mulls Russia rouble demand

One of Europe's biggest Russian gas importers must decide by May to use a controversial payment system.

from BBC News - Business https://ift.tt/mcC97wU

House prices up 12% but rises expected to slow, says Nationwide

In all but one month of the past year, annual property price growth has been over 10%, the Nationwide says.

from BBC News - Business https://ift.tt/RCIyico

US economy contracts as Ukraine war hits trade

The economy shrank in the first three months of the year, figures show, its first contraction since 2020.

from BBC News - Business https://ift.tt/UsDGMuO

Twitter adds 30 million new users in run up to Musk sale

Thirty million new users have joined in the last year, says Twitter, as it prepares for new ownership.

from BBC News - Business https://ift.tt/BHbJOeq

US to seize and sell Russian oligarchs' property

The White House wants to seize and freeze more assets, and transfer their proceeds to Ukraine.

from BBC News - Business https://ift.tt/HWs4vKA

UK asks coal plants to delay closure over energy supply concerns

The government asks energy firms to delay plans to close coal-fired plants until after next winter.

from BBC News - Business https://ift.tt/z0oaLZE

Import checks on EU goods to be delayed until 2023

New controls, due in July, have been postponed amid rising inflation and supply chain disruption.

from BBC News - Business https://ift.tt/s9EXSF0

P&O Ferries: European Causeway back in service after inspection

The European Causeway spent hours adrift on Tuesday after losing power off the County Antrim coast.

from BBC News - Business https://ift.tt/0qzfLPo

Boeing: Plane-maker reveals losses from Trump Air Force One deal

The US plane-maker reveals costs from the deal former US President Donald Trump renegotiated.

from BBC News - Business https://ift.tt/PEdJaqV

Grant Shapps pledges to crack down on illegal e-scooter sales

Legislation to allow approved e-scooters on public roads in England could be introduced next month.

from BBC News - Business https://ift.tt/b4EZBfO

Sanjeev Gupta's Liberty Steel offices raided

The Serious Fraud Office has raided addresses across Britain during the ongoing investigation.

from BBC News - Business https://ift.tt/uRQCs9w

Ukraine War: Russia trying to divide allies using gas - Poland

Russian energy giant Gazprom cuts supply to Poland and Bulgaria for refusal to pay in roubles.

from BBC News - Business https://ift.tt/OuoaYlA

Who is Elon Musk?

The boss of Tesla and SpaceX is the world's richest person and a business celebrity with few rivals.

from BBC News - Business https://ift.tt/BZXfDNv

New Brexit rules caused major shock to UK-EU trade - report

A new study found that imports from the EU fell by 25% relative to those from elsewhere.

from BBC News - Business https://ift.tt/pwuAtlK

Russia to suspend gas supplies to Poland

Polish state gas firm PGNiG says it has been told by Gazprom supplies will be halted from Wednesday.

from BBC News - Business https://ift.tt/UzQ6KMs

Four ways Elon Musk might change Twitter

After the billionaire struck a deal to buy the site, speculation has begun over what the future holds.

from BBC News - Business https://ift.tt/KePVLak

Ukraine war to cause biggest price shock in 50 years - World Bank

Ukraine is pushing up prices of commodities including food, cotton and energy, the World Bank says.

from BBC News - Business https://ift.tt/PbCKhH4

Boris Johnson wants to relax safety rules to cut childcare cost

The plan is part of a government drive to reduce living costs, amid rising prices for fuel and food.

from BBC News - Business https://ift.tt/QVjO8h1

P&O ferry European Causeway adrift off coast of Larne

The European Causeway, which can carry up to 410 passengers, is about five miles off Larne Harbour.

from BBC News - Business https://ift.tt/4NnqKRd

Lidl offers store finder's fee in fight for new customers

The move comes as the chain continues its UK expansion, with competition among supermarkets intensifying.

from BBC News - Business https://ift.tt/y3JEroV

Twitter shares rise as reports say Elon Musk deal close

The social media giant is reported to be in the final stages of a takeover deal with Elon Musk.

from BBC News - Business https://ift.tt/cgouGhF

P&O Ferries hits back at staff pay cut claim

The firm says it has not asked recently-employed agency workers to sign new contracts with reduced wages.

from BBC News - Business https://ift.tt/a3CVwYu

Stock markets tumble over China lockdown fears

Shares drop in Europe and Asia as Covid cases in Beijing raise the prospect of supply chain disruption.

from BBC News - Business https://ift.tt/NS1MrmH

Price rises trigger shift from saving to borrowing

More people are unable to save than at any time in the past two years, official figures suggest.

from BBC News - Business https://ift.tt/QGzImq7

Isles of Scilly's last remaining bank closes

Lloyds Bank is closing on Monday with customers being told to use the Post Office instead.

from BBC News - Business https://ift.tt/JSOgwqk

Live music revenue fell again in 2021, despite gigs returning

Royalties for live music were down almost 30% last year, but a recovery is on the horizon.

from BBC News - Business https://ift.tt/gDPLJy7

Nissan signals the end of the road for Datsun cars

The Japanese firm previously called the range of cars "an important part of Nissan's DNA".

from BBC News - Business https://ift.tt/XbLzS63

Twitter board meets Musk to discuss bid, reports say

How the Tesla boss plans to finance his offer reportedly made the board seriously consider a deal.

from BBC News - Business https://ift.tt/ZxCMjNA

Why Argentina is embracing cryptocurrency

The nation that has seen economic trauma is open to the possibility of alternative money like Bitcoin.

from BBC News - Business https://ift.tt/aCSxfE0

Morrisons cuts prices of 500 items as inflation soars

The supermarket, which is under threat from discounters like Aldi, says it wants to help struggling shoppers.

from BBC News - Business https://ift.tt/JL5Q3Wl

Airlines should be fined for refund delays, MPs say

Passengers hit by international travel disruption should be better protected, a report concludes.

from BBC News - Business https://ift.tt/FgUzmr1

P&O forced to reverse attempt at pay cut

The ferry firm had asked recently-employed agency workers to sign new contracts with reduced wages.

from BBC News - Business https://ift.tt/2FLoSnM

'My negative online review was blocked'

Regulators are trying to clean up the murky truth in online reviews.

from BBC News - Business https://ift.tt/FGJry2N

Post Office scandal victims still waiting for compensation

A year since the first subpostmasters overturned wrongful convictions, most still await a financial settlement

from BBC News - Business https://ift.tt/mnZipxN

P&O Ferries: Spirit of Britain cleared to sail after inspection

Another ferry is found to have issues that need fixing before it can sail again.

from BBC News - Business https://ift.tt/w6qhGoA

Supermarkets set limits on sale of cooking oil

Tesco joins Waitrose and Morrisons in limiting purchases as supplies are hit by the conflict in Ukraine.

from BBC News - Business https://ift.tt/2c6NKth

Pension fraudsters jailed after £13m scam

Victims have lost a lifetime's pension savings, telling the BBC they have little hope of retiring.

from BBC News - Business https://ift.tt/AFEzhpC

Carlos Ghosn 'surprised' by arrest warrant reports

The former car boss was surprised by an international arrest warrant issued against him, his spokesperson said.

from BBC News - Business https://ift.tt/bUKw4nN

Have we seen peak Netflix?

The streaming giant is losing subscribers despite huge hits like Squid Game and Bridgerton.

from BBC News - Business https://ift.tt/8vLZ9dR

Whisky and visas could be part of a UK-India trade deal

Boris Johnson is hoping to strike a free trade deal with India within months.

from BBC News - Business https://ift.tt/NO0JkWt

Work from home to beat Putin, says EU

Plan urges citizens to cut energy use to reduce money flowing to Russia

from BBC News - Business https://ift.tt/cJ1YZCU

Appointment-only late afternoon banking at Santander

Branches will only be open until mid-afternoon, after which customers will need a booking, the bank says.

from BBC News - Business https://ift.tt/NChbP0t

$50bn wiped off Netflix’s value as subscribers quit

Shares in the streaming service company slumped 35% as it warned of tough times ahead.

from BBC News - Business https://ift.tt/bBALKOD

KitKat maker Nestle warns of further price rises

The Swiss food giant says it will continue to raise the prices of its products as food costs surge.

from BBC News - Business https://ift.tt/lCnazsH

Actors launch campaign against AI 'show stealers'

Equity, the performing arts workers union. says actors need protection from computer-generated substitutes.

from BBC News - Business https://ift.tt/OfXeIN1

Tesla profits soar as customers pay more

Elon Musk's Tesla has raised prices for its electric cars as it faces higher costs.

from BBC News - Business https://ift.tt/JhUSqai

Germany to ban Russian oil imports by end of year

Germany currently gets a quarter of its oil and 40% of its gas from Russia

from BBC News - Business https://ift.tt/4FHKd7T

Rail worker strike would be 'biggest' in history, says RMT

The RMT union claims Network Rail's plans to cut up to 2,500 jobs will make accidents more likely.

from BBC News - Business https://ift.tt/uRH0gwA

Russian oligarch lambasts country's 'massacre'

Businessman Oleg Tinkov, is one of the most high profile Russians to publicly condemn the war.

from BBC News - Business https://ift.tt/UP0Rvd2

'Catastrophic winter' warning without help on energy bills

Soaring energy bills will cause problems without fresh help for those struggling, bodies have warned.

from BBC News - Business https://ift.tt/nFChqNr

Self driving car guidance to be put in Highway Code

Drivers will be able to watch built-in screens in self-driving cars but not use mobile phones.

from BBC News - Business https://ift.tt/yQeJ2Vl

Shark Tank: India TV show proves entrepreneurship isn't just for rich

The business show featured 67 ideas on which investors spent more than 400m rupees.

from BBC News - Business https://ift.tt/SomldBh

Fake reviews to be illegal under new rules

The government has also announced people will be able to opt out of subscriptions more easily.

from BBC News - Business https://ift.tt/e7EC61a

Netflix loses subscribers for first time in more than 10 years

The firm lost 200,000 members in the first three months of the year.

from BBC News - Business https://ift.tt/d5P2h4M

P&O Ferries: Agency staff sacked after breaching alcohol guidelines

P&O said the workers, who replaced sacked UK seafarers, returned from shore in breach of the rules.

from BBC News - Business https://ift.tt/SglrAUC

UK set for slowest growth in G7 as Ukraine war hits global economy

The Ukraine war will "severely set back" global growth with the UK hit harder than most, the IMF says.

from BBC News - Business https://ift.tt/yDpHVEO

Energy firms urge more help for people struggling with bills

Four major energy firms warn more people will struggle to pay energy bills unless the government intervenes.

from BBC News - Business https://ift.tt/Ewt3eZx

Fridge-freezer prices up by 30%, says retail boss

White goods prices are up a third since last year and set to climb higher, says Appliances Direct boss.

from BBC News - Business https://ift.tt/y9xHqYz

Rail ticket sale launched as travel costs criticised

The move was announced to boost numbers on trains, which have not yet returned to pre-pandemic levels.

from BBC News - Business https://ift.tt/LzO3dVs

Wales' hospitality businesses struggle to recruit staff

One holiday park owner hires five chefs from India after being unable to fill the jobs locally.

from BBC News - Business https://ift.tt/Aq0MkPh

US judge throws out Biden mask mandate for planes and trains

A federal judge in Florida, appointed by Donald Trump, says the CDC exceeded its authority.

from BBC News - Business https://ift.tt/yuTs6Il

Calls grow for free or low-cost Covid tests to keep staff safe

One trade body suggests three quarters of its members have had staff off sick in the last month.

from BBC News - Business https://ift.tt/3uytLwc

Apple staff make bid for first union at a US store

Employees must get signatures from 30% of staff at New York's Grand Central Station for a union election.

from BBC News - Business https://ift.tt/wg7xLq1

Alex Jones' Infowars files for bankruptcy after defamation suits

It will complicate efforts to make him pay damages in lawsuits over Sandy Hook conspiracy theories.

from BBC News - Business https://ift.tt/XsqeDg1

Emirates will keep flying to Russia unless its owner stops it

It is one of a few airlines still operating in Russia after most pulled out over the war in Ukraine.

from BBC News - Business https://ift.tt/FsnOE73

Households cancel streaming services to cut costs, report says

The rise in the cost of living has led to more households cutting their subscription services.

from BBC News - Business https://ift.tt/1O8k3MC

Shanghai lockdown: China spending and employment hit

Official figures also showed the world's second largest economy grew at a faster pace than expected.

from BBC News - Business https://ift.tt/phvswjq

Why I didn't use my real name at work

Should you change your name to fit in at work? We look at why some people have anglicised their names.

from BBC News - Business https://ift.tt/NvxA5Dm

Christmas savings clubs money to be protected by new laws

The government wants shoppers' money to be protected even if the scheme they are in goes bust.

from BBC News - Business https://ift.tt/cVhPMxq

Lumo train passengers' panic after emergency stop

British Transport Police say 15 train passengers reported minor injuries after the emergency stop.

from BBC News - Business https://ift.tt/jFefqiR

Next and finance firms buy JoJo Maman Bebe

There will be no immediate job losses at the baby goods retailer, although its founder will step down.

from BBC News - Business https://ift.tt/yDBGeMx

Easter: Holiday parks feel the pinch as inflation soars

One holiday firm says it's cut prices this year to ensure customers can still get away.

from BBC News - Business https://ift.tt/GaOCZQE

Climate change: 'We're making wine in Norway'

Vineyards are moving further north, but new winemakers say they struggle to be taken seriously.

from BBC News - Business https://ift.tt/0Wz5eLn

Ukraine war: L'Occitane U-turn as it closes Russian shops

The firm says military action in Ukraine means it will shut its shops, having defended staying open.

from BBC News - Business https://ift.tt/7wd4mV9

Council tax rebate: Warning issued over new scam pretending to offer £150

Fraudsters are cold-calling people asking for bank details to receive the £150 rebate, say councils.

from BBC News - Business https://ift.tt/1hZcgzE

'The Post Office interrogated me for hours'

There are calls to ban the Post Office from bringing private prosecutions following the Horizon IT scandal.

from BBC News - Business https://ift.tt/OhyCMU1

Twitter's board readies against hostile takeover

The so-called "poison pill" measure is in response to Elon Musk's $43bn cash buyout offer.

from BBC News - Business https://ift.tt/ZRvjzXL

North Korean hackers target gamers in $615m crypto heist - US

Crypto worth at least $615 million was stolen from players of popular online game Axie Infinity.

from BBC News - Business https://ift.tt/aLDE7Ii

Crypto boss says fraudsters have 'special place in hell'

An executive at one of the largest cryptocurrency exchanges hits out at scammers who target the vulnerable.

from BBC News - Business https://ift.tt/rXHCquD

Ukraine's President Zelensky to BBC: Blood money being paid for Russian oil

Ukraine's leader tells the BBC that all European countries should have ended Russian energy imports.

from BBC News - Business https://ift.tt/Spq2nBP

Coca-Cola Enterprises boss admits taking £1.5m in bribes

Noel Corry, 56, of Cheshire, provided favoured companies with information to help them win contracts.

from BBC News - Business https://ift.tt/IfB86jd

Operation Brock: M20 traffic controls scaled back ahead of Easter

Two junctions are reopening on Friday with more due to reopen overnight, National Highways says.

from BBC News - Business https://ift.tt/HjxvfBI

NFT of Jack Dorsey's first tweet struggles to sell

Malaysia-based Sina Estavi has been offered just a small fraction of the $2.9m he paid for the tweet.

from BBC News - Business https://ift.tt/jksl9Ge

BA offers new cabin crew £1,000 'golden hello'

The bonus will only be paid to those who can join before July as the industry battles to find new staff.

from BBC News - Business https://ift.tt/atZvTkM

Sri Lanka debt default 'has begun' - rating agency

The country is scheduled to make $78m of interest payments on its international bonds on Monday.

from BBC News - Business https://ift.tt/wYMUGgp

'Flooding meant I could only reach my home by boat'

Under a new scheme, money will be available for work on flood-hit properties to prevent repeat damage.

from BBC News - Business https://ift.tt/JM1wUBN

Beauty firm L'Occitane keeps Russian stores open

The French cosmetics firm will keep its shops in Russia open but says it is "firmly committed" to Ukraine.

from BBC News - Business https://ift.tt/dVqzyvS

Jersey court seizes $7bn of Roman Abramovich's assets

The Channel Island is the latest jurisdiction to crack down on the Russian billionaire

from BBC News - Business https://ift.tt/1Wb9IjC

Inflation: Five things driving up prices at record rates

Petrol, furniture, sunflower oil and milk are among the products increasing in price.

from BBC News - Business https://ift.tt/XmMcIK5

Operation Brock: M20 traffic controls to stay until after Easter

France-bound lorries will continue to be held on the M20 to "manage the flow of traffic".

from BBC News - Business https://ift.tt/SRM3nQL

Extinction Rebellion: Lloyd's of London protest held by activists

The activist group is demanding that Lloyd's of London stops insuring fossil fuel projects.

from BBC News - Business https://ift.tt/Thwd3Pc

TUC: Frances O'Grady to quit as leader after nine years

Frances O'Grady said leading the trade union group had been the "greatest honour" of her life.

from BBC News - Business https://ift.tt/oxPNHns

Warning travel problems could continue into summer

Border force is "chronically under-staffed" and it will take time to train new officers, a union says.

from BBC News - Business https://ift.tt/pJZoUjH

Sri Lanka warns it will default on its foreign debt amid crisis

The finance ministry said it otherwise had an "unblemished record" of paying its debts since independence.

from BBC News - Business https://ift.tt/l0M8jR2

Pay growth fails to keep pace with cost of living

Basic pay is "falling noticeably" when accounting for price rises, the Office for National Statistics says.

from BBC News - Business https://ift.tt/sd5EDJi

Nepal limits imports as foreign currency reserves slide

Nepal's finance minister said he was "surprised" the issue was being compared with Sri Lanka's crisis.

from BBC News - Business https://ift.tt/47srART

Preferred sites for Darlington's 'Treasury North' revealed

During a visit to Darlington, Rishi Sunak said Brunswick and Central Park were the two contenders.

from BBC News - Business https://ift.tt/vBZh2X0

Shop sales slow as cost of living pressures build

Sales growth in March slowed due to people tightening up their personal budgets, the BRC says.

from BBC News - Business https://ift.tt/kVF2W3A

UK economic growth slows sharply in February

A sharp fall in car and computer production weighed on the UK's economic expansion.

from BBC News - Business https://ift.tt/khroAVI

Elon Musk will not join Twitter board, says boss

Tesla's chief executive was due to join the social media platform's board after buying a 9.2% stake.

from BBC News - Business https://ift.tt/EhFnxpg

Why is there an economic crisis in Sri Lanka?

Sri Lanka's worst economic crisis in 70 years has prompted mass protests against the government.

from BBC News - Business https://ift.tt/DHntgYT

DIY waste recycling fees could be scrapped

Ministers want to stop some councils in England charging for the disposal of materials.

from BBC News - Business https://ift.tt/wSimrD2

Cost of living worries over rise in benefits and state pension

An increase of 3.1% comes into force but prices are rising faster, leading to warnings from charities.

from BBC News - Business https://ift.tt/OpfDlLB

Energy giant Ineos asks to build fracking test site

The firm has written to the government and says it can demonstrate fracking is safe and secure.

from BBC News - Business https://ift.tt/C2Ycjuy

War to cut Ukraine's economy by almost half

The World Bank forecasts Ukraine's economy will shrink by 45.1% as a result of Russia's invasion.

from BBC News - Business https://ift.tt/Eft0rPT

P&O Ferries: Larne-Cairnryan passenger service facing delay

The European Causeway vessel is suspended for "tourist travel" until Thursday 14 April, P&O tweets.

from BBC News - Business https://ift.tt/4wdVHh1

'I don't want rising bills to mean kids miss out'

Taxes and bills are rising, so how do small businesses - already hit by Covid - think they'll cope?

from BBC News - Business https://ift.tt/C4BOhTf

Rishi Sunak demands inquiry into Akshata Murty tax leak

Akshata Murty will pay UK taxes on all her overseas income after a row over her non-domicile status.

from BBC News - Business https://ift.tt/YlWfmRz

'Real embargo on Russian energy could end Ukraine war'

President Putin's former chief economic advisor told the BBC that Western countries could stop the war.

from BBC News - Business https://ift.tt/koHqIPc

Hauliers fear ruin as produce halted by port delays

Perishable good deliveries are losing quality and value amid congestion at the UK's busiest port.

from BBC News - Business https://ift.tt/G2yN63S

P&O ferry detained in Larne over safety concerns back sailing

The ship had been held by the Maritime and Coastguard Agency after P&O sacked 800 of its workers.

from BBC News - Business https://ift.tt/RQhtka0

Scottish farmers warn of rising costs and food shortages

The Scottish government calls for a summit of UK ministers to discuss the problems facing food producers.

from BBC News - Business https://ift.tt/HLo6KxA

Dover queues 'worst seen since Christmas 2020'

The Kent Resilience Forum said a number of problems have created a "perfect storm" for congestion.

from BBC News - Business https://ift.tt/ztNbrlp

1MDB scandal: Ex-Goldman Malaysia boss found guilty

Roger Ng had fought the charges that he played a role in the massive 1MDB corruption scheme.

from BBC News - Business https://ift.tt/PrDlnTc

Kinder chocolate factory told to shut over salmonella cases

Dozens of suspected cases have been reported in countries including the UK, Germany, France and Belgium.

from BBC News - Business https://ift.tt/Pvjn7Ml

Akshata Murty: Chancellor's wife could save £280m in UK tax

A tax agreement between the UK and India could offer significant savings on Ms Murty’s inheritance tax bill.

from BBC News - Business https://ift.tt/P3Kyg1V

Ukraine war causes giant leap in global food prices, says UN

The UN says the conflict has spread shocks through markets for grains and vegetable oil.

from BBC News - Business https://ift.tt/j1v9BQT

'I look for jobs every day but don't have the training'

Can France's next leader do more to tackle soaring unemployment and a lack of skilled workers?

from BBC News - Business https://ift.tt/97QIO3g

Firms struggle amid Sri Lanka's economic crisis

The South Asian nation is facing its worst economic crisis since independence from the UK in 1948.

from BBC News - Business https://ift.tt/j21GHXq

What's causing flight disruption this Easter?

Foreign travel has got off to a bumpy start since Covid restrictions ended, but what is causing it?

from BBC News - Business https://ift.tt/ntG9BVI

Are paper football programmes on their way out?

As a number of clubs stop printing programmes some say their future is in doubt.

from BBC News - Business https://ift.tt/ZNJhKe2

Energy strategy: Boris Johnson defends plan amid cost of living crisis

Labour says the strategy is "too little, too late" to help people facing rising energy bills.

from BBC News - Business https://ift.tt/ONE0fRC

Dover: Council will declare 'major incident' if travel disruption persists

Dover's District Council leader says the town "will not tolerate" another weekend of gridlock.

from BBC News - Business https://ift.tt/CIkJpzA

Tesco staff to see pay rise to £10.10 an hour

The supermarket says 5.8% rise in pay reflects the hard work of staff in its stores and warehouses.

from BBC News - Business https://ift.tt/PInbYvf

House price rise since first lockdown revealed

Strong demand and a lack of homes on the market have pushed up property values, the Halifax says.

from BBC News - Business https://ift.tt/XK6BilD

Hitachi train cracks report calls for standards review

Hitachi Class 800 and 385 series trains were temporarily taken out of service in May 2021.

from BBC News - Business https://ift.tt/j4xbgk5

Energy strategy: UK plans new nuclear reactors to boost production

The government wants to boost UK energy production and independence as household bills soar.

from BBC News - Business https://ift.tt/9Sjhpwg

Ukraine war: Bucha deaths 'not far short of genocide' - PM

Further sanctions against oligarchs and an end to imports of Russian coal and gas are announced by UK.

from BBC News - Business https://ift.tt/SOHq3JX

Oil bosses vow to boost output and deny profiteering

Energy bosses warn there is "no quick fix" to the higher energy costs hitting households.

from BBC News - Business https://ift.tt/bgDFhQm

P&O Ferries preparing to restart Dover-Calais route

The firm hopes to get its Pride of Kent and Spirit of Britain ships back in action, subject to inspection.

from BBC News - Business https://ift.tt/RQ04A7q

Farming labour shortage could mean price rises, MPs warn

A report calls for a relaxation on requirements to speak English, and to expand seasonal worker visas.

from BBC News - Business https://ift.tt/XgAmMdR

Are we entering a 'golden age' for trade unions?

The pandemic has led to an increase in the number of people joining a union to get support at work.

from BBC News - Business https://ift.tt/DydZzVt

Broadband firms 'must do more to promote social tariffs'

The culture secretary says suppliers must do more to promote discounted rates to low-income homes.

from BBC News - Business https://ift.tt/Eju3akZ

Business Secretary Kwasi Kwarteng orders scientific review of fracking impact

Senior Tories are calling for an end to the ban on shale gas extraction to help secure energy supplies.

from BBC News - Business https://ift.tt/e9iwJ1t

Manchester Airport chief stands down after travel chaos

Managing director Karen Smart is to leave, amid criticism of management over long security queues.

from BBC News - Business https://ift.tt/dKAzcrU

What are Elon Musk's plans for Twitter?

The Tesla founder has become the social network's biggest single shareholder, and a board member.

from BBC News - Business https://ift.tt/LNnRhQB

New rules on gambling adverts ban celebrities and sports stars

Firms will not be able to use stars like footballer Cristiano Ronaldo and Love Island's Chris Hughes.

from BBC News - Business https://ift.tt/b23PmBg

Car sales suffer in new number plate March

The Society of Motor Manufacturers' new data showed UK car sales were at their weakest in 24 years.

from BBC News - Business https://ift.tt/y2dXNEj

Sri Lanka central bank to get new governor amid economic crisis

P Nandalal Weerasinghe told the BBC that he will take up the role of the bank's governor on Thursday.

from BBC News - Business https://ift.tt/0H1ftiF

Does it matter if we know where our food comes from?

Increasingly sophisticated tech tells us more than ever about our food's journey from farm to fork.

from BBC News - Business https://ift.tt/f0Sh1OX

Channel 4 privatisation to go ahead

The BBC is told the money made from selling the broadcaster will be reinvested in the TV industry.

from BBC News - Business https://ift.tt/ojlTvhi

Elon Musk snaps up $3bn Twitter stake

Tesla founder Elon Musk has bought almost a tenth of Twitter shares, worth almost $3bn.

from BBC News - Business https://ift.tt/S8lfpVe

Sri Lanka central bank governor submits resignation amid crisis

Ajith Nivard Cabraal's announcement came after all of the country's cabinet ministers resigned.

from BBC News - Business https://ift.tt/IZUgmKt

Tesla delivers record number of cars despite challenges

The electric carmaker delivered more than 310,000 vehicles in the first three months of this year.

from BBC News - Business https://ift.tt/3qFOIkD

Trump's Truth Social app branded a disaster

Donald Trump's social media platform was supposed to be "fully operational" by the end of March.

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Price of first class stamps rises to 95p

Royal Mail says it will help cover rising delivery costs, but some have criticised the 11% hike.

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Shanghai lockdown: Economy shaken by zero-Covid measures

Shanghai is a major financial centre and port as well as a hub for manufacturing electronics and cars.

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EasyJet cancels 100 flights due to Covid absences

The airline said surging Covid rates in Europe were resulting in higher-than-usual levels of sickness.

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Energy rationing not part of UK approach, minister says

Grant Shapps says the policy is "not a route we want to go down" despite pressure on supplies.

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Dover cross-Channel ferry disruption begins to ease

Drivers trying to reach ferries on Saturday saw delays of up to nine hours.

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Sunflower oil: UK bottler has a few week's supply left

Makers of oven chips, crisps, ready meals and cereal bars are racing to find sunflower oil alternatives.

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Diesel delivery highlights UK dependence on Russia

Russia supplies nearly a fifth of UK diesel - the UK says it will stop imports by the end of the year.

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Manchester Airport: More delays blamed on lack of staff

A lack of staff and surging demand with the Easter are blamed for long baggage queues for arrivals.

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Who allowed the energy price cap to rise so much? And other questions

As a new price cap takes effect, causing energy bills to soar, we answer your questions.

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Infosys: Tech firm part-owned by Chancellor Rishi Sunak's wife closing Russia office

Akshata Murty has faced criticism over shares worth hundreds of millions of pounds in Infosys.

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P&O Ferries faces criminal probe over sackings

The Insolvency Service launches criminal and civil investigations into the recent redundancies.

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Russia says it won't cut off gas supplies yet in rouble payment row

The Kremlin says it won't cut gas supplies to European customers until mid-April at the earliest.

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National Lottery: Camelot launches legal challenge over licence loss

It says the decision to award the National Lottery licence to another operator is "badly wrong".

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US job creation remains strong in March

US employers added 431,000 jobs last month and the unemployment rate fell to 3.6%.

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ScotRail goes back into public ownership

An arms-length Scottish government company will take over running the rail franchise from Abellio.

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