Friday, December 30, 2022

New Year's Eve parties hit by rail strikes and cost of living

New year bookings at bars and restaurants are down due to rail strikes and price rises, industry experts say.

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Trump's tax returns released after years-long effort

The former president had long sought to keep his records from being seen by the public.

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Hershey sued in US over metal in dark chocolate claim

The lawsuit alleges that three Hershey products contain harmful levels of lead and cadmium.

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Buses: More cuts to services to come, operators warn

Campaigners say a temporary £2 maximum fare will not stem a fall in passengers, amid service cuts.

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Thursday, December 29, 2022

The high street shops thriving after a tough year

It has been a tough year with more challenges to come, but some retailers are proving the fittest can survive.

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Covid in China: US imposes Covid testing for visitors from China

Several other countries have imposed restrictions on travellers from China as Covid cases surge.

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December and January strikes: Who is striking and what are their pay claims?

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

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Wednesday, December 28, 2022

Energy bills: Changes on 1 January may cause confusion

Slight changes to gas and electricity rates are likely to add only pennies, not pounds, to your bill.

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Energy giant ExxonMobil sues EU to block energy windfall tax

The US company says the levy on its profits will discourage future investment in Europe.

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Airport strikes could go on for months, says PCS union boss

The boss of the PCS union says Border Force staff walkouts on Friday could be the first of many.

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Energy giant ExxonMobil sues EU to block energy windfall tax

The US company says the levy on its profits will discourage future investment in Europe.

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Domino's Pizza considers selling Russian business

The firm operating the Russian franchise may sell up, 10 months after the invasion of Ukraine.

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Tuesday, December 27, 2022

Covid in China: People rush to book travel as borders finally reopen

But Chinese tourists will not have unfettered access to all countries - as some impose restrictions.

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Strikes: Border Force, rail and driving test staff walk out

About 1,000 workers at six UK airports will resume their walkout over pay and conditions.

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Spain announces €10bn help to fight rising prices

PM Pedro Sánchez backs aid for households amid an energy crisis prompted by Russia's war in Ukraine.

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Russia bans oil sales to countries using price cap

The oil price cap, agreed by Western countries, aims to reduce Russian revenue for its war in Ukraine.

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Shaws the Drapers enters liquidation after 106 years

About 150 staff are believed to be affected after they were told by email the company will close.

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Monday, December 26, 2022

Train strikes: Services expected to start later as latest walkout ends

Passengers are being urged to check travel times as rail workers finish their latest walkout.

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Shoppers set to cut spending at Boxing Day sales

The rising cost of living is expected to curb the appetite for post-Christmas bargain-hunting.

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Sunday, December 25, 2022

UK weather: Ice warnings and rail strikes set for Boxing Day

Warnings for ice and snow are in place in parts of the UK as rail strikes continue on Boxing Day.

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Friday, December 23, 2022

Workers over 50 encouraged to end early retirement

It follows a recent report which highlighted early retirement as an issue around a UK labour shortage.

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Train strikes: Passengers brace for Christmas Eve disruption

Trains will stop running at around 15:00 on Saturday, as walkouts on the railways and other industries continue.

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What are my rights if my flight is cancelled?

Strikes and poor weather may cause disruption at airports, but passengers do have rights.

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Meta settles Cambridge Analytica scandal case for $725m

The proposed deal by Facebook's owner is the largest in a US data privacy class action, say lawyers.

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Thursday, December 22, 2022

Airport strikes: Border Force staff begin Christmas walkout

Travellers arriving in the UK are warned to expect disruption and delays as staff who check passports go on strike.

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Online whisky auction house's sales hit £50m

Perth-based Whisky Auctioneer says 2022 has been a record year for some distilleries.

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FTX founder appears in US court on fraud charges

Prosecutors have accused Sam Bankman-Fried of "one of the biggest financial frauds in US history".

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Who is striking? How Christmas and New Year walkouts will affect you

Ambulances, airports and trains - strikes are not taking a Christmas break - by the BBC’s Zoe Conway.

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Amazon could be blamed for fake Louboutin shoe ads - EU

Top EU court says Amazon could be held responsible for third-party sales of fake Louboutin shoes.

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Rail fares in England to rise by up to 5.9% from March

The increase in regulated fares will take place in March, the government says

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TransPennine Express cancels more rail services over IT issue

TransPennine Express cancels services for a second day running, due to an ongoing "software issue".

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Wednesday, December 21, 2022

Firms 'banging heads against wall' over post-Brexit trade

Two years after post-Brexit trading began with the EU, UK businesses feel frustrated, says BCC.

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Trump business losses sharply reduced his tax bill

In 2020, the then US president reported negative income and paid no income tax.

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Who is striking? How Thursday 22 December’s walkouts will affect you

What you need to know about Thursday's walkout by highway workers, by the BBC's Zoe Conway.

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Fresh warning of disruption on airport strike days

A senior Border Force official has said he hopes to keep all airports open as staff strike.

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Takeover of failed energy firm Bulb is completed

Octopus Energy completes acquisition of collapsed supplier Bulb, but legal challenges remain.

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Netflix password sharing may be illegal, says UK government

The Intellectual Property Office said the practice might break criminal and civil law.

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H&M: Justin Bieber collection axed after singer's 'trash' criticism

The retailer removed its collection after the star says he didn't approve it or give permission.

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The cargo hauling aircraft with no pilots on board

Rejecting deliveries to the doorstep, some drone makers are betting on bigger pilot-free aircraft.

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Tuesday, December 20, 2022

Elon Musk to quit as Twitter CEO when replacement found

Elon Musk says he will resign as soon as he finds someone "foolish enough" to take over the job.

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Cost of living: If no one comes, we close early, says pub

Almost 90% of pubs are considering shorter opening hours over winter as bills rise, according to a new survey.

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Who is striking? How Wednesday 21 December's walkouts will affect you

What you need to know about Wednesday's ambulance workers strike - by the BBC’s Zoe Conway.

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3M manufacturing giant to stop making 'forever chemicals'

The firm will stop making the materials that have been linked to a range of health problems.

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Elon Musk: Only blue tick users to vote in Twitter polls on policy

The billionaire says he will change the policy on Twitter votes after users say he should step down.

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Train drivers announce new January strike date

The first week of the new year will be marked by rail strikes as drivers take action over pay.

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Monday, December 19, 2022

Decision on bill support for business postponed

Business groups angry after a decision on extending support is put off until the new year.

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Alcohol duty to be frozen for further six months

Alcohol prices are set to be frozen until August 2023, when a new system for alcohol taxes is introduced.

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Fortnite firm penalised for claims it broke child privacy law

Epic Games will pay $520m to settle claims it violated laws and also tricked users into making purchases.

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Treasury announces date of next Budget

Chancellor Jeremy Hunt will set out the government's tax and spending plans next spring.

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NI households to receive energy payment from January

The £600 is being delivered by the UK government in the absence of ministers at Stormont.

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Battery lights vs mains LED bulbs: What's cheaper?

As some shoppers swap mains bulbs for battery lights, we investigate if money is really being saved.

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Sunday, December 18, 2022

Etsy boss: It's not about getting loo roll quick

People are prepared to wait longer for handmade items, says the chief of the e-commerce firm.

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More than 130 bus operators to offer £2 tickets

The government-funded scheme will cap fares in England outside London from 1 January to 31 March.

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Twitter to stop users linking to big social media platforms

The move affects content from Facebook, Instagram and Mastodon among other social media sites.

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Who is striking? How this coming week’s walkouts will affect you

Useful information on strikes during the week up to Christmas, by the BBC’s Zoe Conway.

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Saturday, December 17, 2022

Singapore's crypto ambitions shaken by FTX collapse

Users call for more regulation after state fund writes off investment in fallen cryptocurrency exchange.

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Friday, December 16, 2022

Wolford owner Lanvin says luxury is never out of style

Lanvin Group hopes to be the first luxury giant to rise out of Asia.

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Amazon workers in Coventry vote for strike action

More than 98% of them backed strikes after an offer of a 50p per hour pay rise, the GMB union says.

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BA and Virgin halt ticket sales to Heathrow on strike days

The airlines were asked by the airport to "suppress demand" as Border Force staff go on strike.

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EU adopts global minimum15% tax on big business

The landmark agreement aims to stop governments racing to cut taxes in a bid to attract business.

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December strikes: Both sides need to work ‘quickly’ to end strikes

The RMT union boss says "a bit of goodwill" is needed from all sides involved in the dispute.

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Rolls-Royce car workers win record pay package worth up to 17.6%

Some 1,200 employees have be awarded a one-off bonus and a double-digit wage rise.

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Thursday, December 15, 2022

TikTok tests landscape videos in major shake-up

The world's fastest-growing social media platform has become known globally for its vertical format.

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Who is striking? How Friday 16 December’s walkouts will affect you

Travellers face disruption on the railways and roads on Friday - by the BBC’s Zoe Conway.

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Tax rates to rise for higher earners in Scotland

The higher rate of income tax will go up from 41p to 42p in the pound and the top rate from 46p to 47p.

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UK interest rates raised to highest level for 14 years

The Bank of England lifts borrowing costs to 3.5% from 3%, the ninth rise in a row.

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Smart motorways: Warning safety tech must improve 'urgently'

Safety measures on all-lane running smart motorways are not working well enough, the transport watchdog says

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County Durham Evri staff say parcels will not arrive by Christmas

Families will be "disappointed" this Christmas as Evri tries to deal with backlogs, workers claim.

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Wednesday, December 14, 2022

Fed hikes rates again and warns of more rises

The US central bank raised its key interest rate by 0.5 percentage points.

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Who is striking? How Thursday 15 December’s walkouts will affect you

What you need to know about the nurses' strike in England, Wales and NI - by the BBC’s Zoe Conway.

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HSBC to end funding for new oil and gas fields

One of the world's biggest banks will end fossil fuel financing as part of efforts to become "net zero".

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UK interest rates: How will a rise affect you and how high could it go?

Interest rates are expected to rise again as the cost if living goes up, so how could this affect you?

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Is UK inflation going to keep falling?

Inflation is likely to have peaked, but it will remain very high for months to come.

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Poor rail services caused by toxic mix, MPs told

There is a "total let-down" for rail passengers in the north of England, a transport committee hears.

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Tuesday, December 13, 2022

From Bitcoin to blockchain: Key cryptocurrency terms and what they mean

As cryptocurrency makes headlines once again, here's a look at the main concepts and what they mean.

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US inflation rate slows as fuel costs fall

US inflation rose 7.1% over the 12 months to the end of November, dropping from 7.7% in October.

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US charges Sam Bankman-Fried with defrauding investors

He is accused of "orchestrating a scheme" to defraud investors in failed crypto exchange FTX.

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Dangerous Christmas lights listed for sale on Amazon and eBay, Which? finds

Testing by consumer group Which? finds some cheap lights fail to meet UK electrical safety regulations.

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Train strikes: Support for walkouts not falling, insists RMT union boss

A series of strikes kicked off on Tuesday, bringing major disruption to the UK's rail network.

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Monday, December 12, 2022

Days lost to strikes hit highest in over a decade

The Office for National Statistics says 417,000 working days were lost to industrial action in October.

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Buy now, pay later: Things you need to know about the loan schemes

With Christmas fast approaching here's what you need to know before borrowing money.

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Train strikes: Widespread delays expected as latest walkouts loom

About 40,000 rail workers will start walking out on Tuesday in a row about jobs and pay.

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S Korea says crypto-fugitive Do Kwon is in Serbia

Mr Kwon was charged with fraud and breaches of capital markets law after the implosion of the token.

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Sunday, December 11, 2022

Coal plants put on standby to supply electricity

National Grid orders coal-fire units to begin warming up as cold weather sweeps the UK and Europe.

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Twitter's paid blue tick re-launches after pause

Twitter will once again offer a blue tick badge and additional features for a monthly fee.

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Second-hand tech booms as shoppers look for bargains

From phones to exercise bikes, the market for second-hand kit is booming as shoppers search for bargains.

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Royal Mail: When are the postal strikes and Christmas post dates?

About 115,000 postal workers are taking part in the dispute with Royal Mail.

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UK weather: All flights suspended at Stansted Airport

Heathrow and Gatwick also cancel flights after fog and snow sweeps the country.

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Friday, December 9, 2022

Sam Bankman-Fried: I hope to make money to pay people back

The former FTX boss says he would give anything to start a new business and repay crypto investors.

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Rail strikes: RMT boss calls for meeting with Sunak

The RMT's general secretary says a meeting between the two was the best hope of making progress.

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Royal Mail: Views from both sides of the picket line

The BBC speaks to a striking worker on the picket line and someone choosing to work on strike day.

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WTO says Trump's US steel tariffs broke global trade rules

The US said it disagreed with the ruling and would not remove the border taxes.

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Cost of Living: How to talk to children about a budget Christmas

Some hints and tips to help you manage your children's Christmas expectations.

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Penguin Random House boss resigns after Simon & Schuster deal fails

The merger of the publishing giant with rival Simon & Schuster was scuppered by competition concerns.

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Thursday, December 8, 2022

Royal Mail workers begin wave of festive strikes

Millions of pieces of mail have been piling up ahead of the action, the CWU union says.

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US seeks to block Microsoft from £56bn gaming deal

Microsoft said it would fight to buy Activision Blizzard, the studio behind games such as Call of Duty.

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UK banking rules face biggest shake-up in more than 30 years

Rules introduced after the financial crisis in 2008 aimed at limiting risks will be eased.

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Immigration: Robert Jenrick sorry for problems with seasonal worker visas

Foreign worker shortages "catastrophic" for daffodil growers and other farmers, the government is warned.

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Water companies "letting down" customers

Industry watchdog Ofwat, said that despite some improvements it remains deeply concerned.

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Airlines plan to operate all flights despite strikes

Around 1,000 UK airport border staff will strike over the Christmas period.

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Wednesday, December 7, 2022

Elon Musk turns Twitter into 'hotel' for staff

One photo shows a double room with wardrobe and slippers, as Elon Musk seeks to instil a "hardcore" work culture.

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'We haven't had a single penny from the Post Office'

Three years after winning in the High Court, hundreds of sub-postmasters are still waiting for compensation.

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First UK coal mine in decades approved

Climate experts and Tory MPs argued the Cumbria mine would scupper UK efforts to lower emissions.

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Border Force staff at airports to strike over Christmas

Passport control officers are to join thousands of public servants in walkouts over pay, the PCS union says.

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Elon Musk rejects concerns over beds at Twitter HQ

The billionaire has previously told workers to commit to long hours or leave.

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Evri says sorry for parcel delays in run-up to Christmas

The delivery company says it's working to get orders out to customers complaining of long waits.

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Tuesday, December 6, 2022

Bank Morgan Stanley to cut 1,600 jobs

The investment bank is axing about 2% of its global workforce, affecting around 1,600 roles.

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Fenwick to shut 130-year-old New Bond Street department store

Chairman Simon Claver says the sale has "been a difficult decision for the Fenwick family".

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Rural fuel more expensive, says watchdog

Differences in price between urban and rural areas need further investigation, says CMA.

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December train strikes: Union told not to hold country 'to ransom'

The new Christmas Eve walkout threatens to hit celebrations and travel over the festive weekend.

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Cost of living: 'I couldn't tell the real bills from scams'

People falling behind on bills are being bombarded with letters, calls and texts, a charity says.

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Apple self-repair service comes to UK

The tech giant warned that if a repair goes wrong, the device's warranty will no longer be valid.

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Monday, December 5, 2022

Covid restrictions hit iPhone maker Foxconn

The electronics manufacturer says its revenue in November is down 11% compared to the same month in 2021.

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Miner Glencore pays $180m in latest corruption case

The Swiss-based mining firm strikes deal with Democratic Republic of Congo to settle corruption claims.

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Employees can ask for flexible working from day one

New laws proposed by the government mean workers will no longer have to wait for 26 weeks.

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Cost of living: New average mortgage rates fall below 6%

The typical interest rate shot up after the mini-budget but lenders are gradually reducing rates.

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PwC to close offices at Christmas to save energy

Accountancy giant staff will not be able to work from its main London office over the festive period.

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Sunday, December 4, 2022

Ukraine war: Oil prices rise as cap on Russian crude looms

The G7 and its allies have agreed to limit the price of Russian oil to $60 a barrel.

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Taiwan's front-line battle against mobile phone fraud

How Taiwanese phone fraud fighters are able to warn the world about the latest scams.

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India seizes opportunities in African healthcare

The rapid expansion of Indian healthcare firms in Africa has not been without problems.

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EU must act over distortions from US climate plan - von der Leyen

Ursula von der Leyen says the EU must act amid concerns within the bloc over US climate legislation.

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Train strikes: Firms make first offer in bid to stop Christmas strikes

The Rail Delivery Group makes an offer to the RMT union in the ongoing dispute over pay and conditions.

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Strikes unfair at Christmas, Tory chairman Nadhim Zahawi says

Nadhim Zahawi says President Putin "wants to see" strikes, as he outlines plans to avoid disruption.

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Saturday, December 3, 2022

Google opens its first UK centre making tech for disabled people

The research and development centre in London is the company's first of its kind outside the US.

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Friday, December 2, 2022

Notpla: UK plastic-alternative developer among £1m Earthshot Prize winners

A London firm which developers nature-friendly packaging is among five climate prize winners.

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Cost of living: 'No-one likes us. We DO care. We are Millwall'

Football clubs are supporting their communities as costs rise - from food banks to debt advice.

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HMRC closes phone lines due to technical fault

The tax authority has urged people to access information online as they seek advice ahead of filing returns.

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Royal Mail says people should send Christmas post early

Strikes mean people should send their festive mail earlier than usual, the postal service advises.

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Robust US hiring signals tough inflation fight ahead

Analysts say the labour market needs to weaken for the cost of living to stabilise.

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'5G makes my phone pretty worthless'

Some users are finding the next generation of mobile internet slow and patchy, three years after it launched.

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Thursday, December 1, 2022

North Korea hit with sanctions after ballistic missile tests

The US Treasury freezes the assets of three North Korean officials following last month's missile tests.

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Kanye West no longer to buy Parler social media platform

The rapper has repeatedly made anti-Semitic remarks, alienating business partners and fans.

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India remittances set to hit record $100 billion in 2022

Remittances sent to low and middle-income countries have grown by 5% this year, says the World Bank.

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Brexit: Progress on trade deals slower than promised

The UK government is on course to miss its target for signing deals, as exporter numbers fall.

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Retailer Joules rescued by Next from administration

Next says it will keep about 100 Joules stores open, but 19 will be closed.

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Ford reveals £125m Halewood electric vehicle parts plant boost

Ford hopes 70% of the electric vehicles it sells will be powered by its Merseyside factory by 2026.

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UK-Canada trade rift: What it means for cheese, beef and cars

A pause in talks could mean tougher trading terms for the UK - but what will the impact be on consumers? from BBC News - Business https://...