Starlink: Why is Elon Musk launching thousands of satellites?

The billionaire's SpaceX company hopes to provide an internet service from space.

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

Cost of living: Are you missing out on unclaimed universal credit?

Benefits are a gateway to support but some estimates suggest £15bn still goes unclaimed each year.

from BBC News - Business https://ift.tt/6UpsKVg

Fuel tax cut in UK among lowest in Europe, RAC says

The motoring group says the UK's fuel duty cut looks "paltry" compared to help given in other countries.

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

Post Office under pressure over victims' pay-outs

The chair of the Post Office scandal inquiry will issue a report to parliament unless progress is made.

from BBC News - Business https://ift.tt/bNivAD5

Octopus Energy asks government for £1bn to buy Bulb

The firm is seeking the funds, which will be paid back, to take over the collapsed firm.

from BBC News - Business https://ift.tt/meCnL2K

Ukraine grain tycoon killed in Russian shelling of Mykolaiv

One of Ukraine's richest men and his wife died in a heavy bombardment, the authorities said.

from BBC News - Business https://ift.tt/XAqc6hQ

‘I lost £40,000 worth of crops in a field fire’

People are being urged to take extra care to avoid causing fires in the countryside during hot weather.

from BBC News - Business https://ift.tt/9XC7NM4

Train strike set to cause widespread disruption

Birmingham's Commonwealth Games and the kick-off to the football season are among the events affected.

from BBC News - Business https://ift.tt/ZfMv3OT

Train strikes: 'I cycled 33 miles to get to a gig'

Many people's travel plans have been disrupted but some aren't willing to let train strikes get in their way.

from BBC News - Business https://ift.tt/Mc6TFf3

How Singapore is turning multi-storey car parks into farms

The densely populated South East Asian island nation imports more than 90% of the food it consumes.

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

Credit card borrowing in fastest rise since 2005

Experts warn the rapid increase could indicate households are turning to credit to get through tougher times.

from BBC News - Business https://ift.tt/T6n8GCx

Instagram U-turns on TikTok-style revamp

The social media platform pauses the rollout of new features after an online community backlash.

from BBC News - Business https://ift.tt/3PzXg4A

Network Rail starts consultation over job reforms

The move comes as the company and the RMT union can't agree a way forward on pay and jobs.

from BBC News - Business https://ift.tt/1if42rm

Five money saving ideas for parents over summer

The cost of the school summer holiday is worrying many families struggling with rising prices.

from BBC News - Business https://ift.tt/DO7zyhx

Apple and Amazon sales up despite rising prices

The companies are closely watched for signs of how people are spending as the economy slows.

from BBC News - Business https://ift.tt/qK9rYkI

Martin Lewis says energy bills at 'desperate' point

The personal finance expert says people will be "panicking" and will have to "make awful choices".

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

US economy shrinks again ringing recession alarms

The US economy contracted at an annual rate of 0.9% in the three months to July.

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

Felixstowe: Strike threat at UK's biggest container port

The Port of Felixstowe handles almost half of the container cargo arriving in the UK.

from BBC News - Business https://ift.tt/r1CM5cZ

Cost of living: I avoid meals so my daughter can eat

As prices continue to rise, Radio 1 Newsbeat speaks to those struggling for basic meals.

from BBC News - Business https://ift.tt/SIyM7Rt

US mortgage lender to pay $20m in redlining case

Prosecutors say staff at the company exchanged racist emails and dubbed minority communities "ghetto".

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

Britishvolt: Electric car battery plant's funding confirmed

Britishvolt is building a huge factory in Northumberland, which it says will create 3,000 jobs.

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

Facebook owner Meta sees first ever sales decline

The owner of Instagram and WhatsApp faces increased competition from the likes of TikTok.

from BBC News - Business https://ift.tt/M5N7rzp

US makes major interest rate rise to tame soaring prices

The Federal Reserve is increasing interest rates for a fourth time as it tries to control inflation.

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

Train strikes: Drivers to walk out over pay on 13 August

Drivers at nine rail companies will walk out again next month, the union Aslef says.

from BBC News - Business https://ift.tt/cRSnYN8

Gas prices soar as Russia cuts German supply

The Nord Stream 1 pipeline is now operating at just a fifth of its usual capacity.

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

Pause benefit deductions for debt repayment - MPs

Households struggling through the cost-of-living crisis need some breathing space, MPs say in a report.

from BBC News - Business https://ift.tt/9dTj2wY

Train strikes: Disruption expected with latest rail walkouts

Tens of thousands of rail workers are walking out in a dispute over pay, jobs and terms.

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

Vow to tackle long waits to make a complaint

The financial regulator says new rules should tackle some of the biggest frustrations for consumers.

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

IMF: UK set for slowest growth of G7 economies in 2023

The IMF cuts its UK forecast for 2023 and says the global economy is "teetering on the edge" of recession.

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

EU agrees to cut gas use over Russia supply fears

EU members agree to voluntarily reduce gas use by 15%, but some members can seek exemptions.

from BBC News - Business https://ift.tt/8DKsmh5

Satellite firms Eutelsat and OneWeb aim to combine operations

The French company is set to merge with the satellite firm pulled from bankruptcy by the UK government.

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

Train strikes: When are they and what are the disputes about?

Thousands of train drivers and rail workers will go on strike in July and August.

from BBC News - Business https://ift.tt/6uLaVcU

Cost-of-living payments branded insufficient as energy bills soar

The Business Committee says payments should reflect higher than anticipated energy bills.

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

Convenience store spy cameras face legal challenge

Big Brother Watch campaigners says the "Orwellian" cameras at Southern Co-op shops breach people's rights.

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

Train strikes: People told not to travel by rail during walkouts

Only 20% of services will run and some places will have no trains on Wednesday, Network Rail says.

from BBC News - Business https://ift.tt/14zph9k

Eurotunnel and Dover queues: Warning of another busy weekend of Channel traffic

Traffic heading to France is flowing freely on Monday but it is expected to be very busy this weekend.

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

Evergrande: Crisis-hit property giant faces deadline after bosses quit

The Chinese property firm is expected to deliver a preliminary restructuring plan this week.

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

Elon Musk denies affair with Google co-founder's wife

The technology multi-billionaire's comments came in response to a report in the Wall Street Journal.

from BBC News - Business https://ift.tt/jVc3zPp

Ukraine war: Russia denies causing global food crisis

Its foreign minister, who is in Egypt, says the West is distorting the truth as the Ukraine war rages.

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

Three questions Liz Truss and Rishi Sunak must answer

The final two candidates for prime minister have some fundamental decisions to make over the economy.

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

France energy: Air-conditioned shops will be told to shut doors to cut waste

New rules will force shops to keep doors shut when air conditioning is on and limit use of neon signs.

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

Football kit sales delayed as supply chain issues hit clubs

Fewer than half of English clubs have both their home and away kits on sale ahead of the new season.

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

Dover and Eurotunnel queues: Travellers warned of third day of delays

Families report sleeping in cars overnight on the approach to Eurotunnel, with waits of up to 21 hours.

from BBC News - Business https://ift.tt/gU4yTMW

Cost of living: Saving money on our summer holiday

Millions of us are still determined to have a summer getaway but keeping an eye on spending.

from BBC News - Business https://ift.tt/rJxzH5f

Airport workers on travel problems

Pilots, flight attendants and a baggage handler tell us what is happening where they work.

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

Twitter spent $33m in three months on Musk deal

The social network also reported losses in its latest financial figures.

from BBC News - Business https://ift.tt/H8ZOLzl

British Airways staff call off Heathrow strike action after new pay offer

Hundreds of staff at Heathrow were set to strike over the busy summer holiday period.

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

Cyber-attacks on Port of Los Angeles have doubled since pandemic

The threats to the Port of Los Angeles are believed to come mainly from Europe and Russia.

from BBC News - Business https://ift.tt/d5gvsJV

Russia 'looting' steel bound for Europe and UK, says Metinvest boss

A Ukrainian steel boss accuses Russia of stealing metal that had been meant for Europe.

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

Ryanair's Michael O'Leary wants 'practical' immigration approach

A "common sense" approach to post-Brexit policy is needed to fill vacancies, says Michael O'Leary.

from BBC News - Business https://ift.tt/GJUA04j

UK blocks University of Manchester sensor deal with Chinese company

The proposed licensing of vision-sensing technology could be a national-security risk, the government says.

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

Truss tax plans accused of breaking spending rules

Tax cut plans mean higher borrowing or lower public spending, or both, says the Institute for Fiscal Studies.

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

Drivers warned of delays around Dover as summer getaway begins

Roads around Dover are expected to be extremely busy as most schools in England and Wales break up.

from BBC News - Business https://ift.tt/ZW0Eij1

Eurozone raises interest rates for first time in 11 years

The European Central Bank has raised rates as it tries to tackle soaring eurozone inflation.

from BBC News - Business https://ift.tt/8isHD6c

China ride-hailing giant Didi fined $1.2bn after probe

The country's cyber security watchdog launched a probe into the firm just days after its US listing.

from BBC News - Business https://ift.tt/lhmJ7qO

Baidu unveils new self-driving taxi in China

Baidu says its latest robo-taxi has the road skills of a driver with 20 years' experience.

from BBC News - Business https://ift.tt/s9Jql58

US seizes stolen funds from suspected North Korean hackers

The Department of Justice has already returned ransom payments to two hospitals.

from BBC News - Business https://ift.tt/On2vdBj

Government used P&O ferries despite condemning firm

The Ministry of Defence said it used the operator, which ministers criticised for sacking 800 staff.

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

Tesla sells most of its Bitcoin holdings

The deal comes as the value of the cryptocurrency has plunged.

from BBC News - Business https://ift.tt/0kt1a3Y

Union suspends Heathrow refuelling staff strike

A three day strike from Thursday to Sunday by Heathrow Aviation Fuel Services staff is called off.

from BBC News - Business https://ift.tt/LsfTlI9

Bigger interest rate hikes on the table, says Bank boss

The Bank could raise rates by 0.5% at its next meeting in August, its boss Andrew Bailey will say.

from BBC News - Business https://ift.tt/aekjv0D

Royal Mail workers to go on strike over pay

If 115,000 staff strike, it could be the biggest ever action by the Communication Workers Union.

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

Netflix expands plans to charge for shared accounts

The streaming service is looking for new ways to make money as growth slows.

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

Sunscreen and ice cream sales soar ahead of UK heatwave

Millions of pounds more will be spent on fans, paddling pools and water bottles, research suggests.

from BBC News - Business https://ift.tt/I4RJ8ye

Refuelling staff to stage three-day strike at Heathrow

Workers employed by Aviation Fuel Services will walk out on Thursday and down tools until Sunday.

from BBC News - Business https://ift.tt/tqIc49n

Amazon targets 10,000 fake review Facebook groups

The groups were offering refunds for products purchased on Amazon once reviews had been posted.

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

Electricity market review to provide cheaper prices

The government is considering options to reform how the price of electricity is set.

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

Petrol prices drop from record high, says AA

The motoring group says falling wholesale costs could lead to £10 off a tank within a fortnight.

from BBC News - Business https://ift.tt/45HolFx

H&M to sell off stock before leaving Russia

The world's second-biggest retailer says it is impossible to do business due to the war in Ukraine.

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

Young people cut back on video streaming services

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

from BBC News - Business https://ift.tt/VPb2HJZ

Starbucks explores UK business sale, reports say

The world's biggest coffee chain has been hit hard by lockdown measures and changing customer habits.

from BBC News - Business https://ift.tt/UklFNw0

Sri Lanka crisis is a warning to other Asian nations

Rising interest rates are making debt repayment costlier, putting Asian emerging markets at risk of default.

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

UK set to have world's biggest automated drone superhighway

Reading, Cambridge and Rugby are among the places set to be connected by drones.

from BBC News - Business https://ift.tt/Jy4Rk7U

Cutting UK taxes now would be a mistake, says IMF

Tax cuts could be misguided and might boost inflation by strengthening spending, a top IMF official says.

from BBC News - Business https://ift.tt/eqfmP7b

Amazon price matches Tesco as supermarkets fight for customers

The move by the online giant comes as supermarkets battle for shoppers amid the soaring cost of living

from BBC News - Business https://ift.tt/gH0wEU5

How to find food banks and community shops this summer

Charities are using Google Maps and other social media to alert people to food clubs and community shops.

from BBC News - Business https://ift.tt/m9yM47N

Union calls for heat limit law in workplaces

The GMB says workers need protection as a red warning for extreme heat in parts of England is due to begin.

from BBC News - Business https://ift.tt/pD9bnmx

M&S scraps 'best before' dates on fruit and veg to cut food waste

The High Street giant becomes the latest food retailer to take action to stop food being binned at home.

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

Farnborough Airshow: Aerospace deals set to fly

Airbus and Boeing go head to head for deals as sustainability takes centre stage, while defence firms focus on the Ukraine effect.

from BBC News - Business https://ift.tt/WrgUL23

Thousands of BT workers to strike for two days

The union behind the strike says it could cause significant issues for those working at home.

from BBC News - Business https://ift.tt/Z0GiL8D

Rail passengers told to avoid travel in heatwave

Network Rail says people should only travel if necessary, and services could be delayed or cancelled

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

Sports Direct owner Frasers Group scraps home working

Mike Ashley's Frasers Group says some staff are not treating Friday "as a working day".

from BBC News - Business https://ift.tt/LfPYsU0

Former airline worker: 'It would be like going back to an ex'

Three people who used to work in aviation up until the Covid pandemic discuss whether they would return to the industry.

from BBC News - Business https://ift.tt/qsJfx1R

The firms sourcing locally to avoid global supply chain woes

As worldwide supply routes are stretched, more companies are "reshoring" their production.

from BBC News - Business https://ift.tt/gRrF6ac

CEO Secrets: How one company attracts more men

Mary Ellen Iskenderian, president and CEO of non-profit organisation Women's World Banking, shares her business advice.

from BBC News - Business https://ift.tt/xy7HsK4

Can the right smell make you more productive?

With more people working from home there's growing interest in making the home smell better.

from BBC News - Business https://ift.tt/cu9fx21

Rail workers to strike for another two days in August

Workers at Network Rail and 14 train operators will now strike on 18 and 20 August, as well as 27 July.

from BBC News - Business https://ift.tt/PJ6GsXI

Energy rationing cannot be ruled out, warns Shell

A "really tough winter in Europe" is ahead given doubts over Russian gas supplies, says Shell boss.

from BBC News - Business https://ift.tt/va4MVXk

Train drivers to go on strike on 30 July

Union Aslef says eight rail companies will go on strike after talks over pay broke down.

from BBC News - Business https://ift.tt/jeGbBO6

Bill Gates vows to drop off world's rich list

The Microsoft co-founder says he will move a further $20bn into his philanthropic foundation.

from BBC News - Business https://ift.tt/eWXkf6d

Cost of living: North-South divide widens as prices rise, says report

Inflation is 30% higher in Burnley than it is in London and Cambridge, the Centre For Cities finds.

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

What are airports doing to avoid summer holiday chaos?

The mammoth effort underway to prepare the aviation sector for 'super peak' getaway period.

from BBC News - Business https://ift.tt/I6A7reR

IMF warns of 'darkening' global economic outlook

The International Monetary Fund hints it will downgrade its expectations for global economic growth.

from BBC News - Business https://ift.tt/EHrWU7o

Rail strike: New walkout to take place on 27 July

Rail workers will walk out as part of an ongoing dispute over pay, jobs and conditions, the RMT union says.

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

Euro falls below dollar for first time in 20 years

Fears of recession in Europe are weighing heavily on the single currency.

from BBC News - Business https://ift.tt/QyF1XAw

Fukushima bosses ordered to pay $97bn in damages

Four ex-bosses were sued by shareholders after a disaster at the Fukushima nuclear plant in 2011.

from BBC News - Business https://ift.tt/0Dmyp7f

US prices rising at fastest rate for 40 years

Fuel and food prices are pushing up inflation in the US, which is at a record level.

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

Summer holiday: 'We spent 15 hours on a flight to nowhere'

Mark and Caroline Gittins ended up back where they started, after strong winds diverted their flight to Madeira.

from BBC News - Business https://ift.tt/R7FwQP4

Businesses urge PM candidates to focus on growth and tax

CBI business lobby group calls for "credible and bold plans for growth" in a letter to candidates.

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

Twitter sues Elon Musk over $44bn purchase deal

The social media firm is trying to force Elon Musk to buy it after he walked away from the deal.

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

Network Rail puts fresh pay offer to unions

The rail track firm says the offer is worth more than 5%, but unions say it is a real terms pay cut.

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

Boohoo starts charging shoppers for returns

The fast-fashion brand says customers now must pay £1.99 to return clothes.

from BBC News - Business https://ift.tt/Lzi1lWA

Lego pull out of Russia 'indefinitely'

The Danish toymaker says it will end its partnership with a company which runs its 81 shops.

from BBC News - Business https://ift.tt/mw73dkr

Heathrow limits passenger numbers over summer

The UK's biggest airport has been struggling to cope with the rebound in demand for air travel.

from BBC News - Business https://ift.tt/ipSv6xR

Train drivers vote for rail strikes over pay

Drivers at eight train companies have voted to walk out but a date for action has not yet been set.

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

Twitter shares fall as Elon Musk backs out of deal

The social media site is threatening the multi-billionaire with legal action after his U-turn.

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

Bernie Ecclestone to be charged over alleged fraud

Ex-Formula 1 boss Bernie Ecclestone is to be charged with fraud following an investigation into assets believed to be worth more than £400m.

from BBC News - Business https://ift.tt/XqN1COi

Uber Files: Tech firm lobbied top ministers at undeclared meetings

A documents leak reveals how the ride-hailing app courted senior Tories to help block new regulations.

from BBC News - Business https://ift.tt/2Jo1s0t

Ukraine war: Germany fears Russia gas cut as supplies halted

Russian pipeline operators say maintenance work is needed, but Germany suspects political motives.

from BBC News - Business https://ift.tt/UPMc5ht

Henan: Violent clashes after hundreds show up for China bank protest

Many in China turned up in protest after their banks froze 39 billion yuan ($5.8bn; £4.9bn) in funds.

from BBC News - Business https://ift.tt/Ty2UaHD

Tax cut competition could turn ugly

An ageing society and a shrinking workforce could overshadow intended tax policies.

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

Birmingham airport flights delayed longest in 2021

But punctuality improved across all UK airports due to fewer flights caused by Covid restrictions.

from BBC News - Business https://ift.tt/Jso8aLy

Uber Files: Massive leak reveals how top politicians secretly helped Uber

Emmanuel Macron is among leaders who helped the ride-hailing company disrupt new markets.

from BBC News - Business https://ift.tt/78hyYbx

Flights will be more expensive, says IATA's Willie Walsh

Soaring fuel costs will be reflected in airline ticket prices, Willie Walsh warns.

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

Tory leadership race: Rivals battle over tax cutting pledges

Tax has emerged as a key battleground in the race to replace Boris Johnson as prime minister.

from BBC News - Business https://ift.tt/QF5WbJV

Sajid Javid and Jeremy Hunt join Conservative Party leadership race

Contenders to replace Boris Johnson begin to set out their stalls - with many pledging lower taxes.

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

Global food prices fall but shoppers still face bill hikes

Cereal and vegetable oils fall in price but food shoppers won't see their bills come down immediately.

from BBC News - Business https://ift.tt/yQ798zq

Tesco and Heinz reach agreement in price row

The supermarket giant says it will stock Heinz beans and tomato ketchup again in the coming days.

from BBC News - Business https://ift.tt/VYb5qck

Cost of living: Energy bills forecast to hit £3,363 a year

The prediction comes as a plan is agreed to explore how to help households struggling to pay this winter.

from BBC News - Business https://ift.tt/qJV5eCp

US economy adds more jobs than expected in June

Employers created 372,000 new jobs last month but analysts warn a slowdown may be on the way.

from BBC News - Business https://ift.tt/Zve4V8Q

We're not blocking post-Brexit freedoms, says Bank

The Bank of England's insurance market regulator says it wants to free up money and protect savers.

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

Abenomics: How Shinzo Abe aimed to revitalise Japan's economy

Under the "Abenomics" policy, the former prime minister introduced stimulus measures and major reforms.

from BBC News - Business https://ift.tt/9zrF7me

Sizewell C: Decision on nuclear power plant delayed

The government says it needs to "ensure there is sufficient time" to consider the proposal.

from BBC News - Business https://ift.tt/pA3GdHs

HSBC banker quits after 'nut job' climate speech

Stuart Kirk says his position became 'unsustainable' after he was suspended by the bank in May.

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

Hopes that Heathrow BA strike will not go ahead

Unions representing about 700 staff at Heathrow Airport may be close to a new pay deal.

from BBC News - Business https://ift.tt/a8RvItE

Manchester Airports Group posts £320m annual loss

Manchester, London Stansted and East Midlands passenger numbers are still down on pre-Covid levels.

from BBC News - Business https://ift.tt/1c36UeI

House prices defy expectations to hit new record

The average house price reached £294,845 in June but Halifax expects growth to slow.

from BBC News - Business https://ift.tt/gcun1bS

Sri Lanka president asks Russia's Vladimir Putin for help to buy fuel

The country says it is close to running out of petrol amid its worst economic crisis since 1948.

from BBC News - Business https://ift.tt/ETIzeJ9

Most only have £500 of savings says Lloyds boss

Charlie Nunn says many households have little buffer in their accounts for harder times ahead.

from BBC News - Business https://ift.tt/dlc4JS0

Bank of England vows to bring down inflation

The bank's chief economist says its focus is getting prices down and making life affordable again.

from BBC News - Business https://ift.tt/OB9X8Av

British Airways to cancel 10,300 more flights

The airline says the cancellations will affect short-haul flights between August and the end of October.

from BBC News - Business https://ift.tt/dgGnj3F

Four ways Nadhim Zahawi may try to boost the economy

The new chancellor wants to cut taxes, but also get inflation under control. What are his options?

from BBC News - Business https://ift.tt/tlAh9NB

Amazon under investigation over listings practices

The probe in to the online retail giant follows a similar investigation by the European Commission

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

Whiskas pet food off Tesco shelves after price row

Brand owner Mars pauses supply of pet foods to the UK's biggest supermarket chain in price row.

from BBC News - Business https://ift.tt/oBJW4Ap

Two million workers free from National Insurance

Employees can now earn £12,570 a year before paying National Insurance tax, up from £9,880 a year.

from BBC News - Business https://ift.tt/pDj2gtF

Norway calls off gas strikes that risked UK supply

The Norwegian government has stepped in to stop strikes that threatened to suspend UK gas deliveries.

from BBC News - Business https://ift.tt/XDsNk7Y

Lurpak says butter price up to give farmers fair deal

The brand explains price rises after photos of security tagged butter were spread across Twitter.

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

British Airways cancels 1,500 more flights

The airline cancels more flights in July, affecting tens of thousands of passengers.

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

UK economic outlook has deteriorated, Bank of England warns

But banks are well-placed to weather even a severe economic downturn, the Bank of England says.

from BBC News - Business https://ift.tt/BuX8VZJ

Royal Mail managers announce strike dates

The Unite union says 2,400 managers across the UK will take part in the action this month.

from BBC News - Business https://ift.tt/eX5F3zM

Travel insurance: Air passengers warned to check for strike cover

Four in 10 policies offer no protection if holidays are cancelled by strikes, says Which?.

from BBC News - Business https://ift.tt/xl1RYGw

Pilots' strike pushes SAS airline into bankruptcy move

The Scandinavian carrier files for bankruptcy protection in the US as its pilots take action over pay.

from BBC News - Business https://ift.tt/TkD0vfo

Hospices hit by rising costs and falling donations

Hospices across the UK are being squeezed by rising inflation, charities warn.

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

Pret sales jump as it focuses on towns and suburbs

Pret A Manger's stores outside London now account for most of the sandwich chain's growth.

from BBC News - Business https://ift.tt/81JXcmB

Kellogg's loses court case over sugary cereal supermarket offers

It means products like Crunchy Nut Cornflakes will not be allowed in end of aisle promotions.

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

Prices in Turkey rise at fastest pace for 24 years

The country's inflation rate hits 78%, as prices continue to spiral further upwards due to the Ukraine war.

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

School dinners: Beef off the menu as costs rise

Menus have fewer options and some schools are switching to cheaper meat from abroad, caterers say.

from BBC News - Business https://ift.tt/bJ3tuOr

Sri Lanka energy minister warns petrol stocks about to run dry

The crisis-hit country's next shipment of petrol is not due to arrive until later this month.

from BBC News - Business https://ift.tt/k0ZdxR4

Number of pubs falls by 7,000 in a decade

The number of pubs in England and Wales continues to decline, new research suggests.

from BBC News - Business https://ift.tt/BkJ2riN

Worse to come for food price rises, warns industry

Shop prices may not hit their peak until next year, says the the Food and Drink Federation.

from BBC News - Business https://ift.tt/O8fDXCb

Argentina's economy minister makes sudden exit

Martin Guzmán's departure leaves a big question mark over Argentina's future economic policy.

from BBC News - Business https://ift.tt/1IJ6GlQ

Fighting for rights for workers undergoing fertility treatment

Proposed legislation would require employers to give staff time off work to attend fertility appointments.

from BBC News - Business https://ift.tt/J0GRCrw

The supermarket rows you don't usually hear about

The spat between Heinz and Tesco has shone a light on the challenges facing suppliers and retailers.

from BBC News - Business https://ift.tt/HafL9CI

Flight cancellations aim to ease summer chaos

BA and Heathrow say the move will help minimise disruption for passengers during the peak season.

from BBC News - Business https://ift.tt/4YpnL8u

UK and New Zealand expand working holiday visas

The age limit for a visa to live and work in either country will go up to 35 under a new deal.

from BBC News - Business https://ift.tt/Pzf7TBr

Rail strikes: No rush to call for more action, says union

The RMT's comments follow last week's industrial action which caused travel disruption across the UK.

from BBC News - Business https://ift.tt/k5HzMWm

Russia moves to take control of Sakhalin-2 oil and gas project

The Russian government moves to take over Sakhalin-2 in which Shell has a share of more than a quarter.

from BBC News - Business https://ift.tt/D6sXrEi

Energy firms' customer service worst on record

Standards have "plummeted" since last year when many firms went bust, Citizens Advice says.

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