US chip makers hit by new China export rule

Nvidia says two of its top computing chips were affected by a "new license requirement" for exporting to China.

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

Ovo Energy boss proposes plan to stave off household bill crisis

Ovo Energy's boss has sent the government a 10-point plan to cut energy bills based on earnings.

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

Snapchat to cut a fifth of jobs

The social media platform is restructuring as advertisers worry about the economy.

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

John Lewis and Waitrose offers free food to staff over winter

All permanent, temporary and agency staff will get free meals from October to January.

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

Train drivers to strike again on 15 September

Thousands of drivers will walk out as part of an ongoing dispute over pay.

from BBC News - Business https://ift.tt/19TUIeH

Why is everyone going on strike?

Thousands of workers have walked out or threatened to this summer, causing widespread disruption.

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

Royal Mail staff go on strike again over pay row

The strikes will disrupt delivery of packages and letters, and further strikes are planned for September.

from BBC News - Business https://ift.tt/4rN8Z10

Laybuy to share details of buy now, pay later debt

The buy now, pay later provide will share information with credit reference agency Experian.

from BBC News - Business https://www.bbc.co.uk/news/business-62725269?at_medium=RSS&at_campaign=KARANGA

Persil advert banned for misleading green claims

A advert for Persil laundry detergent has been banned for "unsubstantiated" eco claims.

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Ryanair will grow even faster in recession, boss says

People will still fly during a downturn but they will choose low-fare airlines, Michael O'Leary says.

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Eurostar to suspend direct trains to Disneyland Paris

The service from London will be suspended from 5 June next year to focus on "core routes".

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

BT and Openreach staff walk out in strike over pay

The Communication Workers Union said 40,000 members will stage two days of industrial action.

from BBC News - Business https://ift.tt/j67ywYW

Lurpak maker Arla warns dairy prices will remain high

The Ukraine war has pushed up feed, fertiliser and fuel costs for dairy farmers, the company says.

from BBC News - Business https://ift.tt/73rkdhy

Energy bill support plea from brewers and pubs

Pub and brewery bosses warn they risk closure this winter as they struggle to cope with soaring bills.

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

UK looks to Sweden for a solution to nuclear waste

After decades of experimentation Sweden is ahead of the UK when dealing with nuclear waste.

from BBC News - Business https://ift.tt/dsq9F5h

US shares fall on threat of interest rate rises

Federal Reserve chairman Jerome Powell warned of further interest rate rises to calm inflation.

from BBC News - Business https://ift.tt/DxlQdJ5

Felixstowe port strike: Union warns of further action

An eight-day strike at the UK's busiest container port ends with no movement on a 7% pay offer.

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

Energy bills could break firms, warns ex-chancellor

Alistair Darling says the new prime minister must quickly take "bold action" to help with soaring costs.

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

EU faces awful winters without gas cap - minister

Calls mount for an EU-wide cap on the price of gas and its decoupling from electricity.

from BBC News - Business https://ift.tt/T4PMDvc

Asia stock markets slide on interest rate concerns

It comes after Jerome Powell, the head of the US Federal Reserve, warned of more hikes to come.

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

Store closures at lowest level for seven years

Betting shops and banks are in decline but the restaurant sector is growing, new data suggests.

from BBC News - Business https://ift.tt/kD6NjfJ

UK's biggest unions propose co-ordinated strikes this autumn

The UK's largest unions, Unite and Unison, call for a joined-up approach as they fight for better pay deals.

from BBC News - Business https://ift.tt/tKGPh76

Solar panel sales boom as energy bills soar

More people are turning to renewable energy as a way to cut energy costs.

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

Energy bills: Middle earners will need help with rising prices too, says chancellor

Even people on incomes of £45,000 are likely to need help with rising energy prices, Nadhim Zahawi says.

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

Drop-off fees hiked at most busy airports - RAC

The motoring group says it appears airports are trying to recoup pandemic losses.

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

Jerome Powell: US stock markets down after interest rate warning

Federal Reserve chairman Jerome Powell says further interest rate hikes are likely in coming months.

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

Felixstowe: Port strikes could hit toy industry, say retailers

Business owners share how walk-outs at Felixstowe could affect them in the lead-up to Christmas.

from BBC News - Business https://ift.tt/mXiE2eO

What Hollywood is doing with props to cut waste

From recycling props to melting down materials, the film industry is making efforts to be less wasteful.

from BBC News - Business https://ift.tt/etYC1JE

Can a sleepy Japanese town become Asia's Silicon Valley?

A school for tech entrepreneurs will open its doors in April 2023 in the Tokushima town of Kamiyama.

from BBC News - Business https://ift.tt/oNJz8v5

Ukraine war: Citi bank to close Russia branches

The US bank will begin to wind down its operations in Russia in the next three months, affecting 2,300 staff.

from BBC News - Business https://ift.tt/YP5OCwf

Train drivers at three more operators vote to strike

Workers at Chiltern, Northern Trains and Transpennine Express will walk out in a dispute over pay.

from BBC News - Business https://ift.tt/3yY4ma6

CO2 supply fears re-emerge as CF Fertilisers plant halts production

Carbon dioxide is used in the slaughter of pigs and chicken as well as packaging and fizzy drinks.

from BBC News - Business https://ift.tt/gMuVZ1d

Shell fined for overcharging pre-payment customers

Oil giant's home energy supplier must pay more than £500,000 after errors linked to the piece cap.

from BBC News - Business https://ift.tt/n79VyX8

Kids told to wear extra layers to cut energy bills

One nursery is telling children to bundle up to keep heating down as firms call for state help.

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

Chip shops face 'extinction' amid cost of living crisis

The rising price of cod, sunflower oil and energy has left many shops struggling to survive.

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

Facebook feeds flooded with celebrity spam

Thousands of users reported issues on Wednesday as a glitch hit the social media site's homepage.

from BBC News - Business https://ift.tt/oqTti7C

Felixstowe port disruption could escalate until Christmas says union

Unite general secretary Sharon Graham addresses picket line workers at the Port of Felixstowe.

from BBC News - Business https://ift.tt/mx0QZ6j

Eurotunnel Le Shuttle: Passengers stuck for hours inside tunnel

"Several people were freaking out," said one traveller, after a Calais to Folkestone train was evacuated.

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India tycoon Adani in hostile bid for news channel NDTV

Gautam Adani's move has drawn attention because he is seen as being close to PM Modi.

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

Inflation: Who is benefitting from soaring prices?

Many households are feeling the pinch of higher prices, but which sectors are benefitting from them?

from BBC News - Business https://ift.tt/KF2yRLd

Three million households waiting for £150 energy rebate

Councils were expected to start making the payments from April but have until 30 September to do so.

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

Twitter whistleblower questions firm's bot count

Ex-security chief appears to echo claims by Elon Musk over the number of fake accounts on its site.

from BBC News - Business https://ift.tt/ZRyXmU2

House sales peak in July but buyers are cautious

More homes were sold in the UK in July than in any other month this year, despite pressure on budgets.

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

British Airways to cut 10,000 Heathrow flights

The cancellations are aimed at minimising disruption to flights over the winter.

from BBC News - Business https://ift.tt/y7Spw3m

UK inflation could hit 18% next year, Citi warns

Citi forecasts that without government support typical energy bills could hit £3,717 in October.

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

PlayStation sued for £5bn in the UK over ‘rip-off’ games

The gaming firm is accused of using its market dominance to impose extra charges and drive up prices.

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

Energy bills: Customers can't carry cost of Ukraine war, boss says

The government must stop bills being pushed up by the Ukraine war, the boss of Octopus Energy says.

from BBC News - Business https://ift.tt/OT1QPvK

Sizewell C: Boris Johnson backs Suffolk nuclear power plant funding

The Sizewell C plant is expected to cost £20bn and could provide the UK with 7% of its electricity.

from BBC News - Business https://ift.tt/F2zGCjX

Iconic Shanghai sights go dark as drought hits power supply

Power cuts elsewhere in China have also hit major manufacturers of cars and smartphones.

from BBC News - Business https://ift.tt/v2BaOhD

Tory leadership: Sunak attacks Truss plans in last push for votes

The ex-chancellor says his rival cannot afford direct help to households as well as tax cuts.

from BBC News - Business https://ift.tt/khJxY1g

China cuts lending rates as property market struggles

The country's central bank lowered the five-year mortgage rate by 1.5 percentage points on Monday.

from BBC News - Business https://ift.tt/169Nnro

Do new school uniform rules save parents money?

Schools now have to take unnecessary logos off uniforms, but so far not all parents are benefitting.

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

Plans to cut energy bills if peak-time use avoided

How homes can get discounts if they use less electricity at peak times are close to being announced.

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

Felixstowe: Strike set to begin at UK's biggest container port

Workers at Felixstowe, which handles half the country's container cargo, will walk out for eight days.

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

Over-50s turn to house-shares to beat rising rents

One flat-sharing website says it has seen a 239% increase in older people seeking shared accommodation.

from BBC News - Business https://ift.tt/VNMcHw6

Is there a green solution to the vinyl record backlog?

Green Vinyl Records is taking the vinyl out of vinyl to offer more environmentally-friendly LPs.

from BBC News - Business https://ift.tt/zhl8pcj

P&O Ferries won't face criminal action over mass sacking of staff

The Insolvency Service said there was no likely prospect of conviction, but a civil investigation is ongoing.

from BBC News - Business https://ift.tt/kL1s6hZ

Rail strikes: Only 20% of rail services expected to run

The sixth one-day strike of the summer will see football fans and festival-goers make other travel plans.

from BBC News - Business https://ift.tt/rL0JfP1

Cost-of-renting: Young, struggling and short of cash

We hear from young people finding it hard to afford their rent, as well as a landlord facing rising costs.

from BBC News - Business https://ift.tt/sa0hQxl

Cineworld shares plunge on bankruptcy fears

The heavily indebted cinema chain, which also owns Picturehouse, has been hit by poor audiences.

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

Billionaire Xiao Jianhua jailed for 13 years in China

Chinese-Canadian tycoon Xiao Jianhua disappeared from a luxury hotel in Hong Kong in 2017.

from BBC News - Business https://ift.tt/cF87bWh

Russia Starbucks: Home-grown chain Stars replaces coffee giant

Stars Coffee replaces Starbucks after the US chain pulled out over the Russian invasion of Ukraine.

from BBC News - Business https://ift.tt/mfiTM4l

Growing share of under-30s pay unaffordable rent

The proportion of under-30s spending a third of their pay on rent is at a five-year high, data suggests.

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

Why more people are working from home on Fridays

While there are benefits to ending the week at home, Friday after work drinks could be fizzling out.

from BBC News - Business https://ift.tt/VOhp37m

Experts warn no easy answers to how safe self-driving cars should be

A government expert body advising on the ethics of driverless cars warns of many tricky problems.

from BBC News - Business https://ift.tt/mEbDPF8

Starbucks ordered to reinstate fired Memphis staff

The decision comes amid a tense fight between Starbucks and labour organisers.

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

Jim Ratcliffe: Who is the man bidding for Man Utd?

One of the UK's richest men, Sir Jim has built a multi-billion pound business by buying unloved assets.

from BBC News - Business https://ift.tt/RESr9Cn

Cash use set to survive pandemic slump

Although cards remain a far more popular way to pay, cash is a preferred option for many, a report says.

from BBC News - Business https://ift.tt/fmP0l5E

Ofgem director Christine Farnish resigns

The director of Ofgem, the UK's energy watchdog, has quit amidst surging energy prices in the UK.

from BBC News - Business https://ift.tt/JDM52bW

Royal Mail workers vote for further strikes

Members of the Communication Workers Union at the Royal Mail voted to strike over terms and conditions.

from BBC News - Business https://ift.tt/WS4Jrt6

Tencent sees first sales fall as China economy slows

The WeChat owner is also feeling the effects of a regulatory clampdown on gaming.

from BBC News - Business https://ift.tt/Vz0iaOL

Pace of UK house price rises slows to 11-month low, says ONS

Property values rose fastest in Scotland in the year to June, official figures show.

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

Ladbrokes owner Entain to pay £17m for breaching rules

Entain failed to properly check possible money-laundering or offer support to struggling customers.

from BBC News - Business https://ift.tt/rZxRJ9j

Backing for Adam Neumann's new firm prompts outrage

Adam Neumann's financial backers say he's a "visionary leader" but others have doubts over his latest plans.

from BBC News - Business https://ift.tt/ESpq78G

Inflation: Why price rises may feel even worse than they are

Your own personal inflation rate could be higher than official figures suggest.

from BBC News - Business https://ift.tt/xKp3RLk

UK to receive shipment of Australian gas next week

As Europe looks for alternatives to Russian energy, the UK is set to get an LNG delivery from Australia.

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

Cost of living: Iceland to offer interest-free loans to customers

Interest free loans of between £25 and £100 will be available to help with rising inflation.

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

Train and tube strikes: What are the dates and where is affected?

Thousands of rail workers are striking in August in an ongoing row over pay, jobs and conditions.

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

Ted Baker set for £211m takeover by Reebok's owner

The bid by Authentic Brands, which also owns Elvis Presley's image rights, ends months of speculation.

from BBC News - Business https://ift.tt/R6NBcUu

Cost of living: Government to simplify broadband access

The government says new system will give those receiving benefits better access to cheaper broadband.

from BBC News - Business https://ift.tt/qA5wjO1

Not just hardest up that need bill help - Sir Keir Starmer

The Labour leader tells the BBC his proposal to freeze energy prices for all is a good use of public money.

from BBC News - Business https://ift.tt/ELkb7Jd

German households face levy of hundreds of pounds on gas bills

The surcharge will help energy companies cover the cost of replacing Russian supplies.

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

Heathrow Airport extends cap on passengers to end of October

It means a daily limit on departing passengers will now apply until after the October half-term holidays.

from BBC News - Business https://ift.tt/EwtoLJ4

'Starbucks fired me for being three minutes late'

Starbucks is fighting efforts by workers in the US to unionise. Is it winning?

from BBC News - Business https://ift.tt/VY814qr

House prices drop for the first time this year, says Rightmove

The typical asking price in Britain is down 1.3%, Rightmove says, due to the summer holidays.

from BBC News - Business https://ift.tt/YvqjiZ5

Keir Starmer calls for extra tax on oil and gas producers

The party says this would help fund a freeze of the energy price cap through the winter.

from BBC News - Business https://ift.tt/K9RrBJs

Nursery closures: Parents left without childcare as providers shut

A campaign group says it has been "inundated" with messages about nurseries going out of business suddenly.

from BBC News - Business https://ift.tt/0vF8aRW

Workers going into office just 1.5 days a week, survey suggests

This compares to an average of 3.8 days a week pre-pandemic, research by a consultancy finds.

from BBC News - Business https://ift.tt/105kXrQ

The tech aiming to prevent lost airline luggage

With millions of bags and suitcases going missing this summer, technology may offer the solution.

from BBC News - Business https://ift.tt/nNagiW4

Rail fares in England to rise below inflation rate, ministers say

The increase will also begin in March, rather than January, the government says.

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

Reduced Avanti West Coast timetable in place due to staff shortages

Operator Avanti West Coast says it is being introduced "to ensure a reliable service".

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

Cost of living: Keir Starmer set to call for energy price cap freeze

The Labour leader will set out his plan on Monday - with no detail yet on how the freeze would be funded.

from BBC News - Business https://ift.tt/aKw1YSX

Saudi Aramco: Oil giant tops own record with $48.4bn quarterly profit

The staggering profit comes amid soaring oil prices in the aftermath of Russia's invasion of Ukraine.

from BBC News - Business https://ift.tt/D2vEkbY

Train strikes: Passengers warned of more disruption as drivers walk out

Some rail operators will run no services at all, as 6,500 train drivers walk out in a dispute over pay.

from BBC News - Business https://ift.tt/5YRQPnE

Meditation app Calm axes 20% of workforce

Boss Daniel Ko said the decision was "especially difficult for a company like ours".

from BBC News - Business https://ift.tt/6dKblN3

Lee Jae-yong: Why South Korea just pardoned the Samsung 'prince'

Lee Jae-yong, who was convicted for bribery and embezzlement, has been granted a presidential pardon.

from BBC News - Business https://ift.tt/xjVT0lU

J&J to replace talc-based powder with cornstarch after cancer lawsuits

By 2023 J&J will make all its baby powder using cornstarch following legal battles over talc's safety.

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

People can't wait for energy help - Citizens Advice

The charity voices concerns of delaying support for households bracing themselves for energy bill hikes.

from BBC News - Business https://ift.tt/YSa9I4T

Superdry boss Julian Dunkerton warns people will go to Europe to shop

Tax-free shopping is no longer available to international visitors to Britain.

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

Sainsbury's to stop sale of disposable barbecues

The supermarket is joining other chains in removing barbecues from its shelves for safety reasons.

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

McDonald's plans to reopen in Kyiv and western Ukraine

The burger chain says it hopes to support a "small but important sense of normalcy".

from BBC News - Business https://ift.tt/TfKs7Fv

Avanti West Coast suspends sales and cuts timetables

Avanti West Coast says its limited timetables will run until further notice due to staff shortages.

from BBC News - Business https://ift.tt/u2ckoX7

China housing crisis: The people living in unfinished apartments

As Chinese developers spiral into debt, people with nowhere else to live have moved into unfinished apartments.

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

Qantas asks executives to work as baggage handlers for three months

The airline's head of operations has asked for 100 volunteers to fill the roles for three months.

from BBC News - Business https://ift.tt/BTPb1Cs

JetBlue airline boss over-hiring to beat staff exodus

Low-fare carrier JetBlue said it is a necessary policy when recruiting, as the industry re-starts.

from BBC News - Business https://ift.tt/fb5qd8X

Port Talbot: Tata Steel faces crunch-time, professor warns

There are fears the Port Talbot site may shut if a deal to help cut carbon emissions is not struck.

from BBC News - Business https://ift.tt/D6LEmlg

US invests $280bn in high tech to compete with China

US President Joe Biden said the new funding for tech would keep the US competitive.

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

Rail strikes: No services on some trains on Saturday

Rail firms reveal reduced timetables as thousands of workers walk out on Saturday over pay.

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

Felixstowe port workers to strike after talks fail

The UK's biggest container port faces an eight-day walkout after staff rejected a pay offer.

from BBC News - Business https://ift.tt/zfxXdN7

Warning energy prices to hit over £4,200 in January

Consultancy Cornwall Insight now forecasts a typical household will pay £4,266 a year for energy,

from BBC News - Business https://ift.tt/t9MF8sl

John Lewis boss: I've never seen the economy like this

Dame Sharon White says worker shortages will fuel inflation further with more people retiring early.

from BBC News - Business https://ift.tt/EK6xjqh

Supermarket food could soon carry eco-labels - study

Scientists hope that a scoring system will lead manufacturers to compete over sustainability.

from BBC News - Business https://ift.tt/fxmqDs6

China housing crisis: The people living in unfinished apartments

China’s massive economy is being threatened by a crisis in the real estate market. As developers spiral into debt, some people have decided to move into unfinished apartments.

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

Olive oil prices to rise as heatwave hits production

Prices in supermarkets could increase by 20-25% later this year, one leading exporter tells the BBC.

from BBC News - Business https://ift.tt/bry9QLw

Boris Johnson rules out immediate cost-of-living measures

It comes as business boss Tony Danker warns the UK cannot "afford a summer of government inactivity".

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

Qantas asks executives to work as baggage handlers for three months

The airline's head of operations has asked for 100 volunteers to fill the roles for three months.

from BBC News - Business https://ift.tt/MH2697Z

Jaguar Land Rover owner Tata Motors to buy Ford car plant in India

The American motor industry giant announced last year that it would close its Indian car factories.

from BBC News - Business https://ift.tt/h6GNJon

JetBlue Airline boss over-hiring to beat staff exodus

Low-fare carrier JetBlue said it is a necessary policy when recruiting, as the industry re-starts.

from BBC News - Business https://ift.tt/JtT13bS

The lockdown side-hustles that turned into full-time businesses

The pandemic turned some people into savvy entrepreneurs but how many have ditched their day job?

from BBC News - Business https://ift.tt/yTupHa8

Cost of living: People turning back to cash as prices rise

Post Offices handled a record £801m in personal cash withdrawals in July.

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

Climate change: Tears of joy as US bill clears Senate hurdle

The plans - which aim to reduce US carbon emissions by 40% by 2030 - still needs House approval.

from BBC News - Business https://ift.tt/ZL1Qi3s

Liz Truss will seek to bring in National Insurance cut immediately

The Tory leadership contender's team believe the move could happen within days if she became PM.

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

Energy bills: What do I do if I can't pay?

Charities warn against not paying for energy bills as a campaign to refuse to pay builds.

from BBC News - Business https://ift.tt/WB2cebt

Is there anything green about plastic grass?

More people are swapping real lawns for fake but experts are worried about its environmental impact.

from BBC News - Business https://ift.tt/4PKTEF7

Port Talbot: Tata Steel faces crunch-time, professor warns

There are fears the Port Talbot site may shut if a deal to help cut carbon emissions is not struck.

from BBC News - Business https://ift.tt/Pr0jguc

Cost of living: Over a third cut back on essentials

More than a third of Britons are cutting back on food to cope with higher costs, a new report has shown.

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

How will a recession hit the UK housing market?

The UK economy is forecast to shrink this year but what will it mean for first-time home buyers?

from BBC News - Business https://ift.tt/Iolm23s

US jobs growth jumps in July despite slowdown fears

Firms added far more jobs than expected last month as interest rates rise to tackle inflation.

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

Evergrande gets $818m as football stadium land deal cancelled

The announcement comes as the heavily-indebted Chinese property firm tries to raise cash to repay debt.

from BBC News - Business https://ift.tt/MfYy0R4

UK hiring slowing down as recession looms

The recruitment blitz that followed the pandemic is cooling, according to a jobs report.

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

What is a recession and how could it affect me?

The Bank of England is predicting a recession later this year - what does that mean?

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

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/IxHstMK

Booking.com scam: Tourists descend on north London private home

A woman says she feels vulnerable after dozens of tourists arrived at her private home throughout July.

from BBC News - Business https://ift.tt/gYJl9Gi

Ukraine war: UN chief Guterres slams oil and gas firms' 'grotesque greed'

UN Secretary General Antonio Guterres says it is "immoral" to profit from the energy crisis.

from BBC News - Business https://ift.tt/Nz9FIng

Cost of living: Small garages want petrol prices cut at chains

Independent fuel sellers say supermarkets are not reflecting wholesale costs at the pump.

from BBC News - Business https://ift.tt/z0rPOaw

Dyson fined £1.2m after milling machine fell on worker

The company has been fined after a 1.5 tonne machine fell on a worker at its Wiltshire factory.

from BBC News - Business https://ift.tt/z6Fuwm1

M&S stops selling disposable barbecues across UK

The supermarket says the move is due to "unusually hot and dry conditions".

from BBC News - Business https://ift.tt/4tny1uA

Bain consultancy banned from government work over 'misconduct'

The management consultancy cannot work for the UK government for three years over 'misconduct' in South Africa.

from BBC News - Business https://ift.tt/25NEYvu

Oil producers to raise output but at slower pace

Opec+ members will pump an extra 100,000 barrels a day in September, an amount some say is "meaningless".

from BBC News - Business https://ift.tt/qIXbB6D

Airbnb bookings hit record high as travel recovers

Rising prices did not deter travellers, the lodging website said.

from BBC News - Business https://ift.tt/XFBERD1

Thousands of small firms go bust owing millions in bounce back Covid loans

While most went broke for legitimate reasons, 260 directors have been disqualified for misuse of money.

from BBC News - Business https://ift.tt/PndT5Yw

Uber attracts record number of drivers as cost of living bites

The ride-hailing app had been facing a driver shortage, leading to long waiting times for customers.

from BBC News - Business https://ift.tt/QKjfq2h

House prices climb 11% despite cost of living squeeze

But the Nationwide says there are signs of a slowdown and interest rate rises could cool the market.

from BBC News - Business https://ift.tt/qpRtx3H

Cost of living: Energy bills forecast to hit £3,615 a year

Many families are already facing soaring costs, with UK inflation at the highest in 40 years.

from BBC News - Business https://ift.tt/VMGAn4p

Ambani and Adani: Asia's richest men battle to dominate 5G in India

Mukesh Ambani and Gautam Adani are set to compete in the world's second-largest internet market.

from BBC News - Business https://ift.tt/vI78POB

What could Saudi Arabia and UAE do to help lower oil prices?

The world's biggest oil producers remain reluctant to turn on the taps.

from BBC News - Business https://ift.tt/1F8t5sf

BA suspends sales of short-haul tickets from Heathrow

The airline suspends sales for a week in response to the airport's cap on passenger numbers.

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

How much do women footballers get paid?

BBC analysis shows a wide gap between leading male and female players' wages but could that be able to change?

from BBC News - Business https://ift.tt/fkB9OS0

New property register aims to stop money laundering

The move is part of economic sanctions in response to the Russian invasion of Ukraine.

from BBC News - Business https://ift.tt/91TR4Oh