Friday, January 26, 2024

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://ift.tt/j1TEUw0

Ex-Tory peer Michelle Mone's assets frozen by CPS

A spokesperson for Baroness Mone said it was "deplorable" private matters were being conducted in public.

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

Vodafone-Three merger faces competition probe

The Competition and Markets Authority will judge whether the deal would harm the UK telecoms market.

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

Post Office Inquiry: Four former sub-postmistresses from Northern Ireland attend

Four women are to hear evidence from a former investigator who was involved in their cases.

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

Thursday, January 25, 2024

Palworld: Pokémon Company to investigate copying claims

The people behind Pikachu and friends finally comment on the wildly successful "Pokémon with guns".

from BBC News - Business https://ift.tt/u734Rtz

Asda to go cashless at 82 more supermarket forecourts

More sites are to be converted to card-only, unmanned operations with staff redeployed to stores.

from BBC News - Business https://ift.tt/b0Sdtjk

Wednesday, January 24, 2024

HS2: Mayors to meet minister about alternatives

West Midlands mayor Andy Street said the plan could involve a dedicated line between the cities.

from BBC News - Business https://ift.tt/OZ7UL8H

Boeing boss faces Washington grilling after blow-out

A whistleblower calls Boeing manufacturing a "rambling, shambling, disaster waiting to happen".

from BBC News - Business https://ift.tt/foKkY6X

Billionaire Joe Lewis pleads guilty to insider trading

One of the UK's richest people admitted his role in a scheme which netted millions.

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

Post Office investigator says cleared sub-postmaster was guilty

Raymond Grant told the inquiry he still thought the branch manager he investigated had stolen money.

from BBC News - Business https://ift.tt/76ZTqYW

Tuesday, January 23, 2024

Mr Kipling owner Premier Foods planning further price cuts

Premier Foods, which also owns the Bisto and Loyd Grossman brands, plans price cuts to more products.

from BBC News - Business https://ift.tt/dcwL2hn

Badenoch blames Biden for missing post-Brexit trade targets

The Business Secretary claims the UK failed to reach post-Brexit pledges when US leadership changed.

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

Ex-Fujitsu boss admits calling Horizon 'Fort Knox'

Duncan Tait says his comment was not related to who had remote access to Post Office branch accounts.

from BBC News - Business https://ift.tt/h2yZxSk

Amazon fined for 'excessive' surveillance of workers

The online retail giant was found to be keeping detailed data on employee working patterns.

from BBC News - Business https://ift.tt/KjgW2hZ

Monday, January 22, 2024

H&M pulls school uniform ad after being accused of sexualising children

Fashion giant pulls an advert for school uniforms and says it is "deeply sorry" for offence caused.

from BBC News - Business https://ift.tt/r6aUgGD

What are my rights if my flight is cancelled or delayed?

Stormy weather has led to some disruption at airports but passengers do have rights.

from BBC News - Business https://ift.tt/68ZnKq5

Sony calls off merger with India media giant Zee

Zee considers legal action after Sony ends the planned $10bn merger of the firms' Indian operations.

from BBC News - Business https://ift.tt/zl3MCux

Sunday, January 21, 2024

Start-ups frustrated by HMRC's 'slowness and lack of communication'

Delays and a lack of communication from the tax authority are holding back new businesses, a group says.

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

I'm working but homeless and bottom of the housing list

A working father finds himself "sofa surfing" amid social housing shortages in Scotland's biggest city.

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

Tesco tech hitch leaves deliveries in 'shambles'

It is thought thousands of customers were left without their orders due to technical problems.

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

Supermarket favourites victims of shrinkflation, consumer group Which? says

From tea bags to crisps, supermarket staples are getting smaller, consumer group Which? says.

from BBC News - Business https://ift.tt/Uw0aADO

Saturday, January 20, 2024

Red Sea 'scary' for ships' crews, says captain

The captain of a vessel in the Red Sea shares his concerns about the Houthi attacks on shipping.

from BBC News - Business https://ift.tt/aIlj0XO

Royal Mail: Scrapping Saturday post among Ofcom options for reform

Royal Mail has previously said it wants to deliver five days a week, from Monday to Friday only.

from BBC News - Business https://ift.tt/OuDC0bK

Friday, January 19, 2024

US home sales see worst year since 1995

The number of homes sold dropped to the lowest in nearly three decades, as prices continued to climb.

from BBC News - Business https://ift.tt/9z1V36D

Fujitsu boss: We let society down over Post Office role

Paul Patterson told the Post Office inquiry Fujitsu wants to "get to the truth wherever it lays".

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

British Gas boss Chris O'Shea: 'I can't justify my pay of £4.5m'

Chris O'Shea, chief executive of Centrica, says he does not set his own pay but it is impossible to justify.

from BBC News - Business https://ift.tt/8Yr2nk1

Thursday, January 18, 2024

Japan Airlines appoints ex-flight attendant as first female president

Mitsuko Tottori joined the flag carrier as a flight attendant in 1985, before working her way up.

from BBC News - Business https://ift.tt/kHCF5YZ

Sainsbury's plans to wind down bank as it focuses on food

The retailer plans a "phased withdrawal" but says its 1.9m bank customers will see no immediate change.

from BBC News - Business https://ift.tt/y1CWSYc

Fujitsu rules itself out of UK public contract bids during Post Office inquiry

The firm is part of an inquiry into how hundreds of Post Office managers were wrongly prosecuted.

from BBC News - Business https://ift.tt/ahIPG8W

Wednesday, January 17, 2024

Tata Steel: Workers braced for bad news on job losses

Tata Steel is expected to reveal whether it will proceed with plans to axe up to 3,000 jobs.

from BBC News - Business https://ift.tt/ys2rzw1

Boeing groundings continue as FAA inspections proceed

US authorities have inspected 40 Boeing 737 Max 9 planes, grounded after a mid-flight blowout.

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

Zelensky calls for seized Russian billions to rebuild Ukraine

The Ukrainian president wants to use Russian assets seized in world banks to rebuild the war-torn country.

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

Tuesday, January 16, 2024

LNER: Train fares simplified in bid to boost passenger numbers

LNER is simplifying train tickets on the East Coast Main Line in a two-year trial from 5 February.

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

Mortgage rate cuts continue despite economic fears

Lenders are reducing rates despite some concern that upheaval in the Red Sea could hit the UK economy.

from BBC News - Business https://ift.tt/Z7kidG5

Monday, January 15, 2024

Man charged over plot to disrupt London Stock Exchange

Activists had been planning to "lock on" to the building to stop it from opening, police said.

from BBC News - Business https://ift.tt/5MpqYW2

Inflation risk from Red Sea disruption, warns economist

Attacks on global shipping could push up prices and quash interest rate cuts, a leading economist says.

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

Pothole reports hit a five-year high in 2023

Climate change will worsen potholes but scientists hope new technology will help make them a thing of the past.

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

Sunday, January 14, 2024

AI to hit 40% of jobs and worsen inequality, IMF says

Policymakers should address the "troubling trend", says the organisation's managing director Kristalina Georgieva.

from BBC News - Business https://ift.tt/b0akSLl

Six held over plot to disrupt London Stock Exchange

Police said the arrests were made in London, Liverpool and Brighton over a "disruptive and damaging stunt".

from BBC News - Business https://ift.tt/Q3IGO4U

What are cold weather payments and how much are they worth?

Cold weather payments are available to some people after seven days of below-zero temperatures.

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

Saturday, January 13, 2024

Boeing's commitment to safety in the spotlight

After a door plug blew off one of its planes, questions are being asked about how seriously Boeing undertakes safety.

from BBC News - Business https://ift.tt/SJq8i3A

Fujitsu Japan remains tight-lipped on the Post Office scandal

In Fujitsu's home market, hardly anyone had heard of the Horizon scandal until this week.

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

Friday, January 12, 2024

Citigroup plans 20,000 job cuts over two years

The reductions are part of a sweeping reorganisation, and equal about 10% of the bank's global workforce.

from BBC News - Business https://ift.tt/TmPx7Zp

Boeing: US regulator to increase oversight of firm after blowout

Air regulators are also reviewing the decision to delegate some quality reviewing to Boeing.

from BBC News - Business https://ift.tt/Tk6GfKw

Fujitsu won Foreign Office contract despite concerns

The firm at the heart of the Post Office IT scandal is in the spotlight over government contracts.

from BBC News - Business https://ift.tt/c32Jyhj

What do Red Sea assaults mean for global trade?

Supply chains face disruption due to vessels diverting away from the key shipping route.

from BBC News - Business https://ift.tt/LqucFv1

Thursday, January 11, 2024

US inflation picks up more than expected in December

Consumer prices rose by 3.4% as Americans paid more for housing and car insurance.

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

Google's billions make job cuts 'needless' - union

The Alphabet Workers Union criticises the tech giant for axing hundreds of jobs despite vast earnings.

from BBC News - Business https://ift.tt/eU380Oh

US says it won't be rushed on clearing grounded Boeing planes

The US government declines to say when Boeing's 737 Max 9 can fly again after a mid-air blowout.

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

Wednesday, January 10, 2024

HS2 to Birmingham may cost £65bn, railway boss says

Sir Jonathan Thompson says inflation has added up to £10bn to cost of London to Birmingham stretch.

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

J D Wetherspoon to open pubs at Haven holiday parks

The first pub will open at Haven's Primrose Valley Holiday Park in Filey, North Yorkshire, in March.

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

Pennon Group buys Sutton East Surrey Water for £380m

Pennon Group, owners of South West Water is expanding its footing in southern England.

from BBC News - Business https://ift.tt/bstr316

Tuesday, January 9, 2024

Global economy set for weakest growth since pandemic, warns World Bank

Concerns over interest rates and Middle East mean the World Bank expects growth of just 2.4% in 2024.

from BBC News - Business https://ift.tt/cLwN4iA

Apple Vision Pro: $3,499 headset finally gets release date

Apple's long-awaited mixed-reality headset will launch in the US on 2 February.

from BBC News - Business https://ift.tt/HS4pDPz

EDF Energy aims to extend life of UK nuclear plants

The French state-owned firm's plans are subject to approvals by regulators in the UK.

from BBC News - Business https://ift.tt/xG3pW0a

Monday, January 8, 2024

Barclays bank cut 5,000 jobs in cost-saving drive

The reduction is much higher than previously reported and a quarter of the cuts will take place in the UK.

from BBC News - Business https://ift.tt/iHjteB5

Boeing shares stumble after mid-flight blowout

Boeing shares fell more than 8% at one point while shares in its supplier Spirit Aerosystems dropped 13%.

from BBC News - Business https://ift.tt/S4DGOsC

Bet365 boss Denise Coates sees pay jump to £221m

The gambling firm's founder has earned more than £1bn over four years but campaigners criticise her salary.

from BBC News - Business https://ift.tt/1xU5vOj

Sunday, January 7, 2024

Boeing 737 Max 9: Jets to stay grounded as inspections continue

The US aviation regulator says 171 Boeing planes will remain grounded until it is satisfied they are safe.

from BBC News - Business https://ift.tt/qJ0MRdl

London Tube strikes called off as more pay talks planned

Little or no service was expected on London Underground until Friday morning.

from BBC News - Business https://ift.tt/vL2qtoA

Boeing's mid-flight blowout a big problem for company

The Alaska Airlines incident could have been much worse, but is still a major issue for the US plane-maker.

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

Sunak considers measures to clear all Post Office victims

The Justice Secretary is looking into steps to help hundreds of wrongly convicted sub-postmasters.

from BBC News - Business https://ift.tt/04Rn1py

Saturday, January 6, 2024

Boeing 737 Max 9: Flights cancelled as regulator grounds jets over blowout

The US aviation regulator grounds 737 Max 9s to conduct urgent checks after a mid-air blowout.

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

FAA grounds 171 Boeing planes after mid-air blowout on Alaska Airlines jet

It comes after part of the fuselage of an Alaska Airlines Boeing 737 Max 9 fell off, forcing an emergency landing.

from BBC News - Business https://ift.tt/hUFmcV1

Friday, January 5, 2024

Tesla recalls more than 1.6 million cars in China over steering software issues

The issues with assisted driving functions and door-locking systems will be fixed by remote updates.

from BBC News - Business https://ift.tt/6ldg3HZ

Zhongzhi Enterprise Group: Chinese shadow bank files for bankruptcy

The troubled firm reportedly told investors in November its liabilities had outstripped its assets.

from BBC News - Business https://ift.tt/f3h9xZ8

Sir Howard Davies: Not that difficult to buy a home, says NatWest chair

Sir Howard Davies says there are "dangers" in people having easy access to mortgage credit.

from BBC News - Business https://ift.tt/b2vzryi

Thursday, January 4, 2024

Sainsbury’s increases pay as supermarkets battle for staff

About 120,000 workers at the supermarket will see their wages increase by more than 9% from March.

from BBC News - Business https://ift.tt/he3YxCk

JD Sports shares plunge 20% after profit warning

The sports retailer says promotions and price discounts hit its revenues in the run-up to Christmas.

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

Microsoft announces AI key on Windows 11 PCs

The new keyboard will introduce a Copilot key which accesses AI capabilities on Windows 11.

from BBC News - Business https://ift.tt/dYGU07l

Average mortgage rate lowest for nearly seven months

Major lenders have started the year with rate cuts and brokers expect more to follow suit.

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

Wednesday, January 3, 2024

A restless Gen Z is reshaping the Chinese Dream

Millions of young Chinese face an uncertain future in the world's second-largest economy.

from BBC News - Business https://ift.tt/wkxbM3n

Ryanair hits out at Booking.com over flight cuts

The airline says sites including Booking.com, Kiwi and Kayak suddenly removed its flights in December.

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

Tetris: US teenager claims to be first to beat video game

Willis Gibson posted a video on YouTube of the moment he reached level 157, causing the game to crash.

from BBC News - Business https://ift.tt/r96aEqR

Lenders cut mortgage rates to ease borrowers' pain

After the UK's biggest lender reduces rates on new fixed deals, other providers are expected to follow suit.

from BBC News - Business https://ift.tt/uv51ZHC

Tuesday, January 2, 2024

Red Sea attacks could push up prices, UK firms warn

Business leaders say attacks on shipping vessels could cause delays and price rises for UK shoppers.

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

CTS cyber-attack: Disruption to home sales now over

Services from CTS have been restored, but homebuyers who were affected can complain to an ombudsman.

from BBC News - Business https://ift.tt/HoF3XGN

JS: The iconic magazine which 'invented' the Indian teenager

Chatty, irreverent and engaged, JS was more than a magazine - it shaped an Indian cosmopolitanism.

from BBC News - Business https://ift.tt/nCQk0pE

Monday, January 1, 2024

Will hotter heat pumps win over homeowners?

Could a new generation of heat pumps overcome British fears that they can't heat a home.

from BBC News - Business https://ift.tt/GpR21Se

Post Office scandal TV drama 'like a dream' say victims

Horizon victims hope a new mini-series will give their story the "oxygen it deserves".

from BBC News - Business https://ift.tt/ygO3IVe

Disney's earliest Mickey and Minnie Mouse enter public domain as US copyright expires

Disney's copyright on the earliest version of the cartoon characters expires in the US on 1 January.

from BBC News - Business https://ift.tt/OoZs40q

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://...