Paying for the basics is pushing people into debt, charity says

Citizens Advice says homeowners and pensioners are among those increasingly seeking debt advice.

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

US signals shift to slower interest rate increases

Markets soared after the Federal Reserve signalled a shift in its inflation fight.

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

UK strikes digital trade deal with Ukraine

The agreement is expected to improve cooperation on cyber security, AI and new technologies.

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

Date set for Octopus to buy failed energy firm Bulb

The sale of failed energy supplier Bulb nears completion, but legal challenges could still derail it.

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

South Staffs Water reveals data hack

Account numbers used for direct debit payments could have been hacked, South Staffordshire PLC says.

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

HSBC to shut 114 branches as more people bank online

The lender said footfall in many branches was at an all-time low, with no signs of it returning.

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

Royal Mail postal workers begin fresh two-day strike

The action is the latest in a series of walkouts and will affect deliveries of letters and parcels.

from BBC News - Business https://ift.tt/Xj5FI3v

Octopus takeover of Bulb challenged by rival firms

Octopus Energy's acquisition of collapsed energy firm Bulb could be delayed by a legal fight.

from BBC News - Business https://ift.tt/z4JRld2

Onshore wind: Grant Shapps criticised for 'nonsense' claims

The business secretary says wind turbines are now "so big" they cannot be built on land.

from BBC News - Business https://ift.tt/I0ycURN

Driving examiners across UK to stage strikes over pay

The PCS union says driving examiners and rural payment officers will strike in December and January.

from BBC News - Business https://ift.tt/s1uxw4N

Bird flu: Free range turkey supplies hit by bird flu

About 600,000 birds have been culled or have died in the UK's worst avian flu outbreak.

from BBC News - Business https://ift.tt/02TrBos

Plan to make big tech remove harmful content axed

Minister denies weakening the Online Safety Bill after dropping the "legal but harmful" material measures.

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

Christmas savings clubs help spread the festive costs

How small businesses are using savings clubs to help customers spread the cost of Christmas

from BBC News - Business https://ift.tt/SCP5ytx

Musk feuds with Apple over Twitter advertising

Elon Musk has tweeted that Apple has largely stopped advertising on his platform.

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

Crypto firm BlockFi files for bankruptcy after FTX collapse

The collapse of FTX had already forced BlockFi to suspend most activity on its platform.

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

Emergency energy plan for Tuesday postponed

National Grid decides not to activate a scheme to help avoid power cuts after being poised to do so.

from BBC News - Business https://ift.tt/AN7MkSz

BT and unions agree pay rise to stop more strikes

The majority of BT workers will get a wage increase of £1,500 to help with the cost of living.

from BBC News - Business https://ift.tt/08F2sRL

Balenciaga campaign: What did the fashion house do?

Kim Kardashian is pulled into a row over the fashion house's latest campaign after heavy backlash.

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

US bans sale of Huawei, ZTE tech amid security fears

The restrictions on five Chinese companies are the first to be put in place on security grounds.

from BBC News - Business https://ift.tt/5mU1bCR

North of England faces rail chaos, warns business lobby

Business leaders say ministers must act this week to avert a "meltdown" in the northern rail system.

from BBC News - Business https://ift.tt/aX7x2cU

Thousands of apprentices quit over quality of schemes

Around 100,000 people are dropping out of schemes after firms fail to provide basic training, says a report.

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

Energy firms warned over hiking direct debits

The government says companies must match bills with customers who are cutting energy use.

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

Train strikes: Drivers to walk out in pay row

Passengers face further disruption with 11 rail companies being affected by the long-running dispute.

from BBC News - Business https://ift.tt/235xyG8

Energy sector reforms criticised by British Gas owner

Regulator Ofgem announces plans to strengthen the sector but is criticised by the UK's biggest supplier.

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

When are the train strikes and what routes are affected?

More national rail strikes have been announced by the RMT union.

from BBC News - Business https://ift.tt/zHVMsG6

Mercedes-Benz to introduce acceleration subscription fee

Owners of some Mercedes electric cars in the US can soon pay a $1,200 annual fee to speed up faster.

from BBC News - Business https://ift.tt/46ycheK

The little-known nut that may save at-risk rainforests

Growing sales of an Indonesian nut called kenari is helping to reduce deforestation.

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

Kanye West: Adidas investigates after claims of 'toxic' behaviour

Rolling Stone has reported that staff have complained about West's "problematic behaviour".

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

Sports Direct owner buys historic Savile Row tailor

The boss of Frasers Group said the move secured "a long-term future" for the 250-year-old firm.

from BBC News - Business https://ift.tt/J2y4GOk

Post Office scandal: Horizon contract was 'fatally flawed'

Stephen Byers also told the Horizon public inquiry the treatment of sub-postmasters was "shocking".

from BBC News - Business https://ift.tt/U8fNlRn

Pay rises can't match inflation, minister tells rail workers

Wage rises that match the cost of living are not possible, transport minister tells striking rail workers.

from BBC News - Business https://ift.tt/X4gyRWa

Brexit: Don't scrap EU rules, firms and unions say

Business groups and unions warn plans to scrap thousands of EU laws will create "confusion and disruption".

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

Jeremy Hunt: Cut energy use to stop Putin 'blackmail'

People need to cut consumption to reduce the UK's reliance on Russia, the chancellor says.

from BBC News - Business https://ift.tt/ZhP24bV

Pound hits post-Truss high as dollar weakens

Sterling has reached its highest level against the US dollar since mid-August.

from BBC News - Business https://ift.tt/fkL4EMT

Manchester United: Who might buy the club?

One of the world's biggest football clubs is up for sale, but who are the runners and riders to buy it?

from BBC News - Business https://ift.tt/tF1fesk

Russia re-launches car-making at former Renault factory

It is reviving the Soviet-era Moskvich brand, though the car's design has been updated.

from BBC News - Business https://ift.tt/6mFWNh5

CEO Secrets: Seatfrog founders share their business advice

The founders of Seatfrog share their business advice for the CEO Secrets series.

from BBC News - Business https://ift.tt/TE4WLsQ

Black Friday deals: Why bigger discounts may come next month

With too much inventory and a possible squeeze on demand, retailers may offer deeper price cuts in December.

from BBC News - Business https://ift.tt/lK5twvE

'I wouldn't leave South Africa, I have a kid here'

South African software developers discuss what it means to them to do business in the country.

from BBC News - Business https://ift.tt/vrZ9DmN

Manchester United: Glazer family owners consider selling Premier League club

Manchester United's American owners the Glazer family say they are considering selling the club as they "explore strategic alternatives".

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

FTX: Court says Sam Bankman-Fried ran FTX as a 'personal fiefdom'

FTX's collapse was described in court as "one of most abrupt and difficult" in corporate America.

from BBC News - Business https://ift.tt/WjOQ4ML

More train strikes announced by rail union

The RMT says further strike action will take place across four 48-hour periods in December and January.

from BBC News - Business https://ift.tt/eXh2Sni

Are flying taxis getting closer to lift-off?

US air regulators said they would add flying taxis to the list of regulated aircraft.

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

Tesco follows other supermarkets in rationing eggs

The retailer introduces a temporary buying limit of three boxes per customer due to supply issues.

from BBC News - Business https://ift.tt/z6jgmCb

Passengers warned over Christmas rail disruption

Passengers told to plan journeys in advance due to engineering works over the festive period.

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

Brexit: Rishi Sunak rules out deal that relies on EU law alignment

"I believe in Brexit," says Rishi Sunak, after suggestions UK could pursue a Swiss-style deal with the EU.

from BBC News - Business https://ift.tt/VUCA6up

Crypto rules needed after FTX collapse, says Bank of England

The UK could face a "crypto shock" without better regulations, says a senior official at the Bank.

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

WhatsApp groups help get food to those who need it

Messaging apps have become a popular way to reach people who are struggling with the cost of food.

from BBC News - Business https://ift.tt/ZAKMz7N

Solve worker shortages with immigration - CBI boss

The boss of the UK's largest business group will urge politicians to be "practical" about immigration.

from BBC News - Business https://ift.tt/ezGDt90

Libraries at risk of cuts despite 'unprecedented' rise in users

Local libraries are seeing more people come through their doors, but fear services will be cut.

from BBC News - Business https://ift.tt/k3iUASG

FTX crypto exchange owes biggest creditors $3.1bn

FTX owes about $1.45bn to its top 10 creditors, according to its US bankruptcy court filings.

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

Musk lifts Donald Trump's Twitter ban

The former US president's account is reinstated - but he says he sees no reason to return.

from BBC News - Business https://ift.tt/5uK0YgH

Jeremy Hunt has no plan for growth, says CBI boss

Tony Danker tells the BBC the Autumn Statement will tackle inflation but won't revive growth.

from BBC News - Business https://ift.tt/eOWaPC1

Theranos scandal: Who is Elizabeth Holmes and why was she on trial?

"She just seemed absolutely confident of her own brilliance," a Stanford professor remembers of the former student.

from BBC News - Business https://ift.tt/X74R08W

Will you be allowed to watch the World Cup at work?

Bosses have to decide whether to get behind the controversial World Cup.

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

Strikes to hit airports and ports over Christmas

Public sector workers including passport controllers are to strike over the Christmas period.

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

Keir Starmer and Rachel Reeves on whether they would accept government economic plans

BBC economics editor Faisal Islam grills the Labour leader and his shadow chancellor on whether they would accept the government's economic plans.

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

Is this really the end of Twitter?

The BBC's technology editor looks at claims that Twitter may be heading for calamity.

from BBC News - Business https://ift.tt/4r28QgO

Petrol prices: What is fuel duty and is it going up?

Why are UK pump prices at record highs, and when might they fall?

from BBC News - Business https://ift.tt/7oMdn3m

UK house prices forecast to fall for the next two years

A drop of 9% is expected between now and autumn 2024, an official forecaster suggests.

from BBC News - Business https://ift.tt/L3kc1Bn

World Cup 2022: Alcohol sales banned at World Cup stadiums in Qatar

Alcohol will not be sold at the World Cup's eight stadiums in Qatar after Fifa changes its policy two days before the start of the tournament.

from BBC News - Business https://ift.tt/37SwvOs

Taxing electric cars 'short-sighted' say manufacturers

Extending the tax to include electric models is "short-sighted" says Ford.

from BBC News - Business https://ift.tt/bOMT85u

Postal workers to strike on six more days in run-up to Christmas

Industrial action is scheduled for six days in December, including Christmas Eve.

from BBC News - Business https://ift.tt/1S2ouyn

Will chancellor Jeremy Hunt's plan to fix the UK economy work?

The chancellor claims the downturn will be shallower than it otherwise would have been.

from BBC News - Business https://ift.tt/T176fId

State pension to rise by 10.1%, says Jeremy Hunt

Jeremy Hunt also confirms working-age benefits will rise with inflation at a cost of £11bn.

from BBC News - Business https://ift.tt/Mb0l942

What the Autumn Statement means for you and the cost of living

Chancellor Jeremy Hunt's statement is full of policies that will affect your finances in the coming years.

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

Energy bills to rise to £3,000 a year from April

Help has been extended, but it's now less generous, meaning a typical household will pay more.

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

Hunt says UK in recession and set to shrink further next year

The economy is forecast to contract next year due to the cost-of-living crisis.

from BBC News - Business https://ift.tt/Vf9j2Tz

Autumn Statement: Jeremy Hunt to unveil spending cuts and tax rises

Pensions and benefits will rise with prices but energy support is expected to be scaled back, the BBC understands.

from BBC News - Business https://ift.tt/hwOpQF8

Chinese buyout of Newport microchip plant a 'security risk'

The UK government says Nexperia's takeover of Newport Wafer Fab creates national security risks.

from BBC News - Business https://ift.tt/KwHut6J

No uniform choice for Virgin Atlantic crew on World Cup flight

The airline's gender-neutral uniform policy does not apply to staff flying the England team to Doha.

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

Elon Musk tells Twitter staff to work long hours or leave

Elon Musk says workers at the social media firm must be "hardcore" if they want to stay, reports say.

from BBC News - Business https://ift.tt/a3six9t

Train strikes could continue for another six months

RMT union members vote for further strike action action at Network Rail and 14 train firms.

from BBC News - Business https://ift.tt/h4J9BmG

Firefighters to vote on strikes, union says

The move comes after a 5% pay offer was rejected, the Fire Brigades Union announced.

from BBC News - Business https://ift.tt/kP9Bp37

Estee Lauder to buy designer brand Tom Ford

The cosmetics giant will purchase the designer fashion brand for £2.4bn.

from BBC News - Business https://ift.tt/93MkZN7

Water customers may be owed £163m for sewage spills

Water companies have been discharging waste in to rivers, claim researchers of corporate wrongdoing.

from BBC News - Business https://ift.tt/6Rsc1U5

Twirls substituted in some Heroes chocolate boxes

The chocolate is another casualty of supply chain disruptions blighting manufacturers.

from BBC News - Business https://ift.tt/gK4jSRx

No uniform choice for Virgin Atlantic crew on World Cup flight

The airline's gender-neutral uniform policy does not apply to staff flying the England team to Doha.

from BBC News - Business https://ift.tt/nQD4pzf

Made.com collapse: Nottingham auction house to sell off stock

It comes after the online furniture retailer collapsed, leading to hundreds of job losses.

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

Heinz, Dolmio and Anchor: Top food brands see prices soar

The price of some popular branded foods have as much as doubled in two years, Which? research suggests.

from BBC News - Business https://ift.tt/d57IyCH

Cost of living: Electric heaters may pose fire risks despite savings

The popularity of portable heaters to warm a single room has increased as energy bills have soared.

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

Amazon 'prepares mass job cuts' as sales slow - reports

The reductions could affect about 10,000 people at the e-commerce giant, reports suggested.

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

Cost of living: 'We've got to sell our family home due to mortgage rise'

A mother-of-three says she can't see any option than selling her house due to mortgage rates rising.

from BBC News - Business https://ift.tt/F1jrwB0

Elon Musk Tesla pay package heads to court

A shareholder wants Elon Musk's $56bn pay package to be revoked.

from BBC News - Business https://ift.tt/k8P9wRr

What do we know will be in the Autumn Statement?

Jeremy Hunt is expected to dismantle his predecessor Kwasi Kwarteng plans announced two months ago.

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

Rishi Sunak: We’ll deliver public finances markets expect

The PM says this week's autumn budget would "put our public finances on a sustainable trajectory".

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

Cost of living: Expanded energy bill discount scheme under way

A bigger rebate under the Warm Home Discount begins but concerns remain some are missing out.

from BBC News - Business https://ift.tt/H1EMdGB

Frasers Group said to be close to buying Savile Row tailor - report

The Sports Direct owner is reported to be advanced talks to buy Savile Row tailor Gieves & Hawkes.

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

Country star Dolly Parton gets $100m award from Amazon founder Jeff Bezos

The Amazon founder commended the country music star for her commitment to improving literacy.

from BBC News - Business https://ift.tt/jM6w49c

Why smart thermostats don't always save you money

The makers of smart thermostats says the devices can cut energy bills but the evidence is not conclusive.

from BBC News - Business https://ift.tt/ZWD9ApP

The repair Budget to defuse a financial timebomb

Chancellor Jeremy Hunt's key message this week will be about restoring stability and controlling price rises.

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

Jeremy Hunt: Everyone will have to pay more tax

The chancellor also tells the BBC he wants to make sure any recession is as short and shallow as possible.

from BBC News - Business https://ift.tt/9ahgfL1

The fall of the FTX ‘King of Crypto’ Sam Bankman-Fried

How a crypto empire built on video game battles and beanbags came crashing down.

from BBC News - Business https://ift.tt/b7HKdBi

Autumn Statement: When is it and how will it affect me?

With the UK facing a cost-of-living crisis the government is set to unveil tax and spending plans.

from BBC News - Business https://ift.tt/EB8e1h6

'There really is more to life than posting on Instagram'

A small but growing number of people are giving up the likes of Facebook, Twitter and Instagram.

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

'Warning lights flash' as more workers seek help, says Citizens Advice

The number of people in work seeking crisis support from Citizens Advice has more than doubled since 2020.

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

Twitter drama continues with blue-tick confusion

A number of executives have walked out after a turbulent launch of new Twitter features.

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

Cost of living: Shares jump in US and Asia as inflation cools

Investors are betting the US central bank will slow the pace of rate rises as it tackles inflation.

from BBC News - Business https://ift.tt/L53kshv

Amazon: Robots spread but 'we still need humans'

Amazon's latest robot has the ability to pick up items before they are packed.c

from BBC News - Business https://ift.tt/0KE5IBV

US regulator FTC says it is concerned about Twitter

The Federal Trade Commission says developments at Twitter could risk it violating regulatory orders.

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

Labour vows to lift ban on onshore wind

A Labour government would ease planning rules for new onshore wind farms, Sir Kier Starmer says.

from BBC News - Business https://ift.tt/eA8nUFp

Train drivers will strike again over pay

Some 9,500 drivers from 12 companies will walk out on Saturday 26 November, the fifth strike since July.

from BBC News - Business https://ift.tt/OTrc0PE

KFC apologises after German Kristallnacht promotion

The fast-food chain urged German customers to commemorate the Nazi pogrom with cheesy chicken.

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

100,000 civil servants vote for strike action

The Public and Commercial Services Union is calling for a 10% pay rise and no cuts to redundancy terms.

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

Musk tells Twitter staff remote working will end

The boss of the social media firm also warns workers to prepare for "difficult times", reports say.

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

Elon Musk foreign ties worth being looked at, Joe Biden says

The US president was asked whether Saudi Arabia helping the Tesla boss to buy Twitter should be probed.

from BBC News - Business https://ift.tt/QapL3hv

Christmas adverts toned down during cost of living crisis

John Lewis says the cost of living crisis was "front of mind" as it joins other big brands launching festive campaigns.

from BBC News - Business https://ift.tt/Of6PVqC

Binance walks away from FTX crypto exchange bailout

Binance will not pursue the deal for its smaller rival citing reports of 'mishandled customer funds'.

from BBC News - Business https://ift.tt/Ylo7xpk

Why are so many workers going on strike?

Hundreds of thousands of workers have walked out, or threatened to, causing widespread disruption.

from BBC News - Business https://ift.tt/kfNBUM4

Elon Musk sells almost $4bn of Tesla shares

It comes less than two weeks after the world's richest man completed his $44bn takeover of Twitter.

from BBC News - Business https://ift.tt/oOZX6UW

'One of the hottest start-up spaces in the US'

North Carolina is aiming to become a hub for start-ups to grow and do business.

from BBC News - Business https://ift.tt/9FHb17c

Kids' Christmas toy pester-power limited by cost of living

Rising prices affect parents' shopping habits as sales of Christmas toys are forecast to be hit.

from BBC News - Business https://ift.tt/8V4AHZF

Disney says streaming business at 'turning point'

The company has more than 235 subscriptions across its three streaming platforms, including Disney+.

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

Egg farmers squeezed as costs rise

Some farmers have accused supermarkets of not paying them a fair price for their eggs.

from BBC News - Business https://ift.tt/cy3m0x6

Tesla recalls 40,000 cars over power-steering fault

The recall affects the 2017-21 Model S and Model X vehicles.

from BBC News - Business https://ift.tt/K6SvaNT

Hushpuppi: Notorious Nigerian fraudster jailed for 11 years in US

The FBI says ex-social media star Hushpuppi is one of the word's most high-profile money launderers.

from BBC News - Business https://ift.tt/GVoJO9w

When are the £400 energy rebate and other cost-of-living payments due?

All UK households are getting £400 off their winter energy bill and many on low incomes get extra help.

from BBC News - Business https://ift.tt/2JRAM8y

Rail disruption: Many services to start late on Tuesday

First trains will run later on many lines - as Avanti West Coast says services are limited all day.

from BBC News - Business https://ift.tt/r3kLEnz

Ex-Made boss says offer to save company ‘rebuffed’

Former boss of furniture brand says his offer to rescue firm from administration was rejected.

from BBC News - Business https://ift.tt/SlDmu2t

Facebook owner Meta expected to announce major job losses

The company faces difficult economic conditions and is investing heavily in its metaverse push.

from BBC News - Business https://ift.tt/P5KZS3m

Do not end green energy grants, manufacturers urge MPs

Manufacturing firms urge MPs to match an EU scheme subsidising the cost of renewable energy systems.

from BBC News - Business https://ift.tt/gASpYu1

Apple: iPhone shipments delayed over China Covid lockdown

Firm warns customers to expect longer wait times for its new iPhone due China's Covid lockdown.

from BBC News - Business https://ift.tt/gMGd34K

Ebay urges shoppers to pick old over new this Black Friday

This Black Friday the online marketplace is promoting used items to avoid unwanted spending and waste.

from BBC News - Business https://ift.tt/M4Lc5dx

Made.com expected to go into administration on Monday

Around 500 staff are expected to lose their jobs after the online furniture store failed to find a buyer.

from BBC News - Business https://ift.tt/j0ebnDf

Train passengers told to check before travelling on Monday

Most train companies will operate limited services on Monday despite strikes being called off.

from BBC News - Business https://ift.tt/1G2UpeY

National Insurance: Will tax cut save me money?

The government's reversal of the 1.25p increase in National Insurance has come into effect.

from BBC News - Business https://ift.tt/EjxIAB7

Twitter confirms fee for blue-tick verification after Musk takeover

Controversially Twitter says blue-tick status will be open to those who pay a monthly $7.99.

from BBC News - Business https://ift.tt/NKnd9aQ

Liberal Democrats: Give struggling homeowners £300 a month

People whose mortgage payments had risen more than 10% would get a grant, under the party's plan.

from BBC News - Business https://ift.tt/sP1bh9v

Cost of living: Pub halves beer and cider choice to survive

A landlord is pinning energy bills to walls to show regulars why the cost of their pint has gone up.

from BBC News - Business https://ift.tt/N3n8PLT

Jack Dorsey: Twitter co-founder breaks silence on Elon Musk takeover

The former CEO appeared to agree with the dismissals, saying he had grown the company "too quickly".

from BBC News - Business https://ift.tt/32BpdXw

Twitter UK staff get deadline over cuts consultation

Hundreds affected by Twitter's worldwide job cuts have three days to elect a representative.

from BBC News - Business https://ift.tt/FJQ3W6U

Twitter: Musk defends deep cuts to company's workforce

The site's new owner says he had "no choice" but to slash jobs - cuts which appear to affect 50% of staff.

from BBC News - Business https://ift.tt/ch0AaCU

Will falling gas prices mean lower bills?

Higher demand in winter could push up the wholesale gas price before households feel much benefit.

from BBC News - Business https://ift.tt/RCJ57hW

Twitter: Elon Musk blames 'activist groups' for earnings drop

Elon Musk, the new owner of Twitter, makes the accusation as the tech firm makes sweeping job cuts.

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

Series of rail strikes from Saturday suspended

The RMT union had been planning strikes on 5, 7 and 9 November in a dispute over pay.

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

US jobs growth solid but slowing amid inflation fight

The news comes as the economy remains a top concern for voters ahead of the midterm elections.

from BBC News - Business https://ift.tt/HVA0un9

Workers at Heathrow to strike in World Cup run-up

A union says 700 workers at the UK's biggest airport will walk out for three days from 18 November.

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

Twitter to make job cuts after Elon Musk takeover

The social media giant says staff will be told on Friday whether they are to be laid off.

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

Mortgages: What happens if I miss a payment?

Homeowners are worried about rising mortgage costs - but lenders must help those struggling.

from BBC News - Business https://ift.tt/m978WYw

Will people sign up for Netflix's cheaper ad service?

The streaming platform has launched a less expensive streaming option with commercials.

from BBC News - Business https://ift.tt/UsmjOV3

Bank of England: Five things we learned about the UK economy

The Bank of England's outlook for the UK is grim, but some things might not be as bad as first expected.

from BBC News - Business https://ift.tt/w58mGs2

Bounty bars removed from Celebrations tubs in trial

Mars Wrigley will remove the bars from its chocolate tubs after finding 40% of people hate the treat.

from BBC News - Business https://ift.tt/dCB7TNj

Cost of living: The homebuyers anxious about their mortgages

Three people from Derby tell BBC News how they will be affected by the Bank of England base rate hike.

from BBC News - Business https://ift.tt/1xZSF75

China Covid: Panic and fear drove iPhone factory breakout

Workers at the plant in Zhengzhou, China, thought they were going to be part of a huge Covid experiment.

from BBC News - Business https://ift.tt/1UrQEq3

US interest rates rise to fresh 14-year high

The Federal Reserve is steering borrowing costs higher at the fastest rate in decades.

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

Warning of fewer rental properties as landlords squeezed

Difficulties for some landlords to secure mortgages could mean less choice for tenants, MPs are told.

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

CVS and Walgreens agree to pay $10bn to settle opioids lawsuits

Local governments and others who had brought more than 3,000 lawsuits must now decide whether to accept the deals.

from BBC News - Business https://ift.tt/697tkmp

China Covid: iPhone maker Foxconn boosts bonuses after lockdown breakout

Foxconn locked down the world's largest iPhone factory in line with China's zero-Covid policy.

from BBC News - Business https://ift.tt/LQlNO3X

Questions raised about AI weapons-scanning company

BBC News has seen evidence Evolv, which claims to have the "signatures" of all weapons, has limitations.

from BBC News - Business https://ift.tt/WdCFMm7

Prison job advert banned for racial stereotyping

The photo of a black inmate and white officer was likely to cause serious offence, a watchdog found.

from BBC News - Business https://ift.tt/ouv0BNJ

Elon Musk says £7 monthly fee for Twitter blue tick

Critics say the change could make it harder for people to find reliable sources on the social media site.

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

Bank makes history as it reverses ‘quantitative easing’

It is the first central bank to start unwinding the emergency support brought in after the 2008 financial crisis.

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

Morrisons to close 132 McColl's stores putting jobs at risk

Owner Morrisons says that closing the loss-making stores will put 1,300 jobs at risk.

from BBC News - Business https://ift.tt/F2G04z3