Sunday, March 31, 2019

China economy: Manufacturing sector returns to growth in March

Two separate surveys showed a surprise jump in Chinese manufacturing activity last month.

Minimum wage rates rise, but bills go up too

Two million UK workers on minimum wages receive a pay rise - but household bills have also increased.

Automatic compensation for broadband users goes live

Five UK broadband and landline providers will now compensate users when services do not work.

Small firms face a series of new costs from Monday

The Federation of Small Business criticise a series of new costs facing firms from this week.

Natalia Fileva: Russia airline co-owner dies in private jet crash

Natalia Fileva, one of Russia's richest women and S7's major shareholder, dies in a German air crash.

'Taking big, scary decisions is critical'

"Taking scary decisions is critical", says James Dawson who junked his existing teas to start again.

Labour plans national bank using Post Office network

Shadow Chancellor John McDonnell says the proposed Post Bank would protect community banking.

Saudi Arabia 'hacked Amazon boss's phone', says investigator

An investigator working for Jeff Bezos says Saudi Arabia accessed data on the Amazon boss's phone.

Mark Zuckerberg asks governments to help control internet content

Mark Zuckerberg writes an open letter calling for new laws to monitor internet content.

Saturday, March 30, 2019

Lyft, Uber, Pinterest: Are internet unicorns really worth billions?

Lyft is the first tech company to float this year but the $24bn business is yet to make profit.

Life after a devastating mining disaster

Brazil's Brumadinho dam disaster is having consequences in towns which are near similar dams.

Compensation unlikely for London Capital & Finance investors

Rules suggest investments did not qualify for compensation as "personal advice was not involved".

Friday, March 29, 2019

Meet the man glamming up supercars for the stars

Yianni Charalambous transforms cars for the rich and famous people searching for that extra shine.

Gambling industry warned over fixed-odds stake cut

Firms are warned to be responsible as the maximum bet on fixed-odds betting terminals is cut to £2.

Big university gender pay gap revealed

Most British universities pay their average male employee more than their average female employee.

Why is Turkey fighting the markets?

Financial markets in Turkey have been volatile as elections loom - and the president blames the West.

UK fashion brands battle for China's growing market

UK fashion designers are chasing business in Shanghai - one of Asia's biggest fashion weeks.

Lyft shares surge over 20% in market debut

The ride-hailing company's shares jump 21% in the much anticipated flotation.

Business ‘devastated’ by Brexit vote

Industry bodies say the Brexit uncertainty puts the UK's reputation, jobs and livelihoods at stake.

George Clooney calls for hotel boycott over Brunei LGBT laws

The actor urges a boycott after the country said homosexuality would soon be punishable by death.

Brexit has 'left our lifestyle in limbo'

Recently retired Pat and John say their motor home travel plans are on hold because of Brexit.

Debenhams secures £200m lifeline with lenders

The chain completes a £200m deal to stay afloat, and leaves the door open for a bid from Sports Direct.

Can Mike Ashley save debt-laden Debenhams?

Sports Direct boss Mike Ashley is considering a £61m bid for Debenhams, but can he can save it?

Mobile barbering: 'It's like Uber, but for haircuts'

A start-up in London thinks it can shake up the barbering industry by persuading people to get their hair cut in a van.

First house price fall in England since 2012

But the Nationwide says house price rises in the other nations mean the UK average is still growing.

Debenhams advisers 'should be jailed', says Ashley

Sports Direct's Mike Ashley hits out after Debenhams bondholders clear the way for a refinancing.

Tui travel firm warns Boeing grounding to hit profits

The travel company says the grounding of Boeing 737 Max planes will cost it €200m (£173m) this year.

Boeing Ethiopia crash probe 'finds anti-stall device activated'

A flight-control feature activated before the Ethiopian Airlines plane crashed, a report says.

Thursday, March 28, 2019

Lyft arrives at the US stock exchange

Lyft is the first ride-sharing company to go public but Uber is expected to follow soon.

Huawei sales top $100bn despite US-led pressure

The result comes against a backdrop of heightened scrutiny of the Chinese telecoms firm by the West.

MPs call for inquiry into alleged forgery of signatures

MPs are pressing for an investigation into allegations that signatures on bank court documents were forged.

How the ring pull became a million dollar idea

The BBC's Aaron Heslehurst explains how the ring pull became a million dollar idea

Google, Facebook, Amazon & co: Should we break them up?

Some think the US tech giants are far too powerful. What would be the best way to curb their power?

Lyft valued at $24bn ahead of share market debut

The ride-hailing firm has priced its shares at the top of the expected range amid strong investor demand.

Airlines face lawsuits over 'toxic' cabin air

Pilots and cabin crew are taking legal action saying they are exposed to "toxic" air during flights.

Brexit: Rolled-over UK free trade deals 'are incomplete'

Deals agreed by the UK government do not guarantee trade will continue in a no-deal Brexit, say experts.

Farkhad Akhmedov wins $436m superyacht in divorce fight

Russian businessman Farkhad Akhmedov wins back his vessel in a Dubai court.

Sackler billions targeted in New York fraud lawsuit

The wealthy dynasty is facing new charges it fraudulently transferred money from opioid-maker Purdue.

Smart meter fitting slows despite deadline

Smart meters, which avoid the need for customer readings, should be in British homes by the end of 2020.

Grindr 'up for sale on security grounds'

The app's Chinese owner, Kunlun Group, is reportedly seen as a security risk by US authorities.

Goldman Sachs fined £34m for reporting failures

The US investment bank failed to provide accurate information for a decade, the FCA said.

Grieving families 'charged high funeral prices'

The essential costs of a funeral have increased by 6% each year for the past 14 years, a regulator says.

Iceland's Wow airline stops flying after finance talks fail

The Icelandic carrier says it has ceased operations and passengers should look elsewhere for flights.

Wednesday, March 27, 2019

Labour to outline National Grid ownership plans

Labour is set to outline how it will transfer the UK's National Grid to public ownership.

Facebook to ban white nationalism and separatism

The social media firm is under pressure after the New Zealand mosque attack was live-streamed.

Car theft rise prompts keyless warning

Insurers say £376m was paid out on claims last year following vehicles being stolen, a 29% rise on 2017.

Brexit: Firms tell MPs to 'stop chasing rainbows'

Businesses are "angry and frustrated" at MPs for "putting politics before prosperity".

Firms drag their feet on gender pay gap reporting

Nearly two-thirds of big companies have yet to disclose their pay gap, figures show.

Government ‘never met’ Seaborne Freight's financial backers

The Department for Transport held no face-to-face meetings with the backers of the ferry-less shipping firm Seaborne Freight, the BBC has learned.

Artificial intelligence used in kitchen bin

Can technology help to cut the vast amounts of food that never gets eaten?

You want AIs with that? McDonald's buys into machine learning

The American burger chain is acquiring a tech start up that will help it predict customers' orders.

Boeing has launched fixes for its 737 Max plane

The US planemaker is making cockpit alterations in the plane model involved in two fatal crashes.

Nissan boss was too powerful report finds

An outside panel of experts finds the Nissan gave too much power to former boss Carlos Ghosn.

Typical council tax will rise by 4.7% in April

The second biggest rise for a decade means a £78 increase in April for a typical Band D property.

Pinch of Nom: Food bloggers beat Jamie Oliver to smash book sales record

A cookbook by the creators of the Pinch of Nom blog is the UK's fastest-selling non-fiction book.

Lloyd's of London blames £1bn loss on natural disasters

A host of natural disasters including hurricanes and the California wildfires hit the insurance market.

Aluminium firm cyber-attack cost at least £25.6m

Norsk Hydro is still recovering from the attack, with one part of the company remaining "at a standstill".

Goals Soccer Centres admits 'substantial' VAT error

The VAT error has cost it £12m, but this figure could rise, the five-a-side football firm warns.

Mike Ashley's Sports Direct considers Debenhams bid

Sports Direct considers making £61m buyout offer for the struggling department store chain.

Tuesday, March 26, 2019

Road safety: EU plans vehicle speed limiters from 2022

The UK is urged to adopt similar rules to those provisionally approved by the EU, even after Brexit.

Cathay Pacific to buy budget airline Hong Kong Express

The airline will pay $628m for Hong Kong Express, a low-cost carrier which operates flights across Asia.

Tate Modern overtakes British Museum as top UK visitor attraction

The London art gallery overtakes the British Museum's visitor numbers for the first time.

Former Barclays trader guilty of Euribor rate-rigging

Carlo Palombo is the latest trader found guilty of conspiring to manipulate Euribor interest rates.

Lloyd's of London to tackle sexual harassment reports

The Lloyd's of London insurer unveils its plan after women complain of "entrenched" sexist culture.

Ryanair trolling of British Airways' mistake backfires

Ryanair's attempt to tease British Airways over its flight plan mistake backfires.

Purdue Pharma settles opioid lawsuit for $270m

The drug company owned by the wealthy Sackler dynasty is facing 2,000 claims over its painkiller.

'I paid £160 for a pair of limited edition nappies'

How collecting colourful washable nappies can become a costly and even somewhat addictive hobby.

Michelle Obama's memoir Becoming sells 10 million copies

The memoir, published in November, could be the world's most popular autobiography, its publisher claims.

EU backs controversial copyright law

The Copyright Directive was backed by 348 MEPs, with 278 against.

Brexit: Flu vaccine 'could be airlifted into UK'

Drugs firm Sanofi has plans to fly supplies into the UK if transport routes are disrupted by Brexit.

'My life savings have been wiped out'

Investors face a two-year wait to see if they'll get any money back from a collapsed investment firm.

Cash fears as third of Scottish banks lost

Which? calls for "urgent action" as MPs on the Scottish Affairs Committee meet to discuss access to cash.

'Mortgage prisoners' given help by City regulator

Changes to affordability checks are designed to help those trapped on high interest-rate home loans.

Uber buys Middle Eastern rival Careem for $3.1bn

The ride-sharing firm will expand into the Middle East with the $3.1bn acquisition of Careem.

Monday, March 25, 2019

Airbus secures multi-billion dollar jet order from China

It comes as rival Boeing works to rebuild confidence in its 737 Max aircraft after two fatal crashes.

Top bosses' £4m pay packet ‘damaging’ to UK reputation

Excessive executive pay is undermining the reputation of British companies, says the business committee.

Airlines keeping safety training 'to an absolute minimum'

Airlines are keeping safety training to an "absolute minimum" to cut costs, a flight safety expert says.

Britons get 'bad deal' from broadband giants

Slow speeds and poor value for money top lists of complaints about big UK broadband providers.

Mike Ashley considering cash bid for Debenhams

The Sports Direct boss, who owns almost 30% of Debenhams, says his offer could save the ailing department store chain.

Apple launches its own credit card and TV shows

The tech giant confirmed that it was branching out into personal finance and TV streaming at a live event in the US.

Autonomy boss in 'deliberate fraud', court told

Hewlett-Packard sues Autonomy founder Mike Lynch for £4bn over 2011 sale of software giant.

Ethiopian Airlines 'believes in Boeing'

Chief executive Tewolde Gebremariam says the firms will be linked "well into the future".

Nike fined by EU for restrictions on football merchandise sales

Cross-border sales of products for Man Utd, Barcelona and Juventus were restricted by the sportswear firm.

BA flight lands in Edinburgh instead of Dusseldorf by mistake

The mistake only became apparent when the "welcome to Edinburgh" announcement was made.

Crippling debt ‘linked to depression’

People with Obsessive Compulsive Disorder are six times more likely to have money troubles, analysis suggests.

Automation could replace 1.5 million jobs, says ONS

The jobs of women, the young and part-time workers are most at risk from automation, the ONS says.

Jet Airways founder Naresh Goyal steps down amid crisis

Naresh Goyal had previously refused to step down from the cash-strapped airline.

Majestic Wine to close stores and rebrand as Naked

The wine retailer is planning to rename itself Naked Wines and focus on its online business.

Asia stocks: Markets sink as global growth jitters spread

Investors dumped Asian stocks in favour of safer bonds as concerns about the global economy spread.

Sackler Trust suspends new UK donations

The Sackler family halts new charitable donations and denies claims it helped fuel the US opioid crisis.

Sunday, March 24, 2019

First and second class stamp prices rise

Royal Mail had to apologise for the rise which broke Ofcom rules, but said the increase was kept to a minimum.

Ex-Autonomy boss Mike Lynch denies new US charges

New charges come as Mike Lynch faces a civil case in London over Autonomy's sale to Hewlett-Packard.

Invoice scams hit 40% of firms, says report

Scams take place when fraudsters trick firms into transferring money by posing as legitimate payees.

'Make people want to try harder'

If you have a happy workplace culture, staff will work harder, says beer firm boss Alistair Hargreaves.

Training Britons to take the jobs EU migrants are leaving

The firms training thousands of unemployed people to take the jobs that EU migrants are leaving behind.

'Muslims don't date, we marry'

The British entrepreneur who has set up a global dating app specifically for Muslims.

Jet Airways: The riches to rags story of India's oldest private airline

The airline was once the shining face of Indian aviation, but now it is struggling to survive.

Richard Branson calls for new Brexit vote

The Virgin owner says the UK is close to 'disaster', and many leave voters had changed their minds.

Saturday, March 23, 2019

What's going on with the UK economy?

Employment is soaring but growth is tepid, so what should we make of the state of the UK economy?

The Disney-Fox giant in six charts

What Disney's takeover of Rupert Murdoch's 21st Century Fox means for the industry - in charts.

Friday, March 22, 2019

Brexit fears boost British tourism

Uncertainty over Brexit is prompting a surge in bookings for British holidays this year.

Is this America's most hated family?

Purdue Pharma has generated billions for the family that own it from selling controversial painkiller opioids.

Is Apple about to expand its TV business?

With iPhone sales slowing, could the tech giant be about to announce a move into subscription TV?

Global markets fall amid slowdown fears

The FTSE 100 saw its worst day of trading this year, while US stock markets have also fallen sharply.

Social status quiz for civil service job applicants

Civil service chiefs are asking staff how working class they think they are to make recruitment fairer.

Autonomous shuttle to be tested in New York City

The self-driving shuttle will be available to workers at a large site in Brooklyn.

Sainsbury's and Asda offer to sell supermarkets to merge

The chains tell the UK competition watchdog they would sell up to 150 supermarkets to be able to merge.

Food Crime Unit pledges tougher action on food fraud

From peanuts in your pesto to mislabelled fish, food fraudsters are now in the spotlight.

Debenhams seeks £200m in new funds

The struggling department store chain is trying to fend off overtures from Sports Direct's Mike Ashley.

Train punctuality standards to be tightened

Train times will be recorded to the minute at every stop in an attempt to improve train punctuality.

Thomas Cook to close 21 stores and cut jobs

The travel firm is cutting more than 300 roles as it closes 21 stores across the country.

Garuda looks to scrap Boeing 737 Max 8 order after crashes

The airline has asked to cancel an order for 49 jets after the plane was involved in two fatal crashes.

Thursday, March 21, 2019

Uber 'picks New York Stock Exchange' for stock listing

The firm's public stock offering is expected in the coming months and may be one of the biggest in 2019.

'Pink tax': Should personal care products for women cost more?

Should personal care products marketed to women cost more? And is there actually any difference?

Filipino firm Jollibee takes on US fried chicken chains

The battle for crispy, deep-fried chicken is on. There is a new kid in town and it is not American.

How do you know where your olive oil really comes from?

New technologies are helping track the provenance of food throughout the supply chain.

Brexit: Europe's no-deal preparation 'falls short', say businesses

Business trade groups across Europe warn the European Commission about its own Brexit planning, Newsnight learns.

Tate trustees shuns Sackler money over opioid crisis

The art institution joins the National Portrait Gallery in shunning donations due to opioid links.

Millions of Facebook passwords exposed internally

Developers working for Facebook logged the passwords in plain text as they wrote code for the site.

Levi Strauss shares surge on first day of Wall Street trading

The blue jeans firm re-lists on Wall Street as it prepares for expansion and a revival in denim's popularity.

Why women's jeans are getting higher and higher

Levi Strauss boss Chip Bergh talks women's jeans with the BBC's Michelle Fleury.

Giraffe and Ed's Easy Diner site closures agreed

Giraffe and Ed's Easy Diner will close 27 of their 87 restaurants in a restructuring plan.

Six new cars rated 'poor' for security in theft-risk survey

The theft-risk report from insurer-funded Thatcham Research looks at keyless entry cars.

KFC's UK and Ireland boss talks about the day the chicken chain ran out of chicken

KFC's UK and Ireland managing director Paula MacKenzie talks about the day the chicken chain ran out of chicken.

Brexit: Port of Dover warns of travel disruption risk

The boss of the UK's busiest port says Brexit could cause delays and queues later this month.

UK interest rates on hold amid Brexit impasse

Bank of England says the outlook will depend "significantly on the nature and timing of EU withdrawal".

Bank payment scams claim 84,000 victims

Banks say scam merchants are shifting their attention to conning members of the public directly.

UK retail sales up but food spending falls

Sales at food stores in February saw the biggest fall since December 2016, official figures show.

Ted Baker to 'learn lessons' of hugs probe

The firm's pledge comes after founder Ray Kelvin stepped down over misconduct allegations.

Next's store sales and profits keep falling

The retailer says online presents a long-term threat to its shops, but an opportunity for the whole group.

Italy takes a shine to China's New Silk Road

Italy is ready to let Chinese money build its infrastructure - but its allies remain sceptical.

Wednesday, March 20, 2019

'They took £150 from the till - was it really worth it?'

Lilly was tasered in the shop where she worked, just one of the 115 retail workers attacked every day.

Brexit: Toilet paper maker stockpiles in a case of no-deal

Major toilet tissue producer Wepa has accelerated plans to charter ships to prepare for no-deal.

Levi Strauss worth $6.5bn in stock market return

Shares in the inventor of the blue jean have been priced above expectations for its New York flotation

Brexit: Sterling falls on no-deal worries

Business condemns continuing uncertainty, as the pound sinks on fresh no-deal concern.

Government spends £7m as no-deal ferry bookings start

The money covers the first fortnight of the services, which will transport vital goods such as medicines.

Slower US growth means no rate rise for 2019, says Fed

The central bank had expected two rises this year, but is more cautious due to slower economic growth.

Trump spooks markets with China trade tariffs warning

The US President says tariffs on goods could stay for longer to make sure China 'lives by the deal'.

Ford accelerates electric vehicle investment

The US carmaker said growth in the market meant it became "obvious" the company needed to add capacity.

Toyota to build new Suzuki car at Burnaston factory

The deal will not lead to extra jobs but will make the Derbyshire factory more efficient, the firm says.

Job losses announced at Barlaston Wedgwood

The Staffordshire site employs 440 staff and is looking to reduce this by 145.

Google hit with €1.5bn fine from EU over advertising

The search engine has been fined for blocking rival online search advertisers.

Inflation rises on increases in the cost of food and wine

UK prices rose by 1.9% in February, nudged higher by duty on wine and higher food bills.

Nirav Modi arrested in UK amid India fraud case allegations

Nirav Modi, whose jewellery was worn by Priyanka Chopra-Jonas, is accused of defrauding an Indian bank.

Kingfisher boss to go as profits fall further

The chief executive of Kingfisher, the group that owns DIY chains B&Q and Screwfix, is stepping down.

National Portrait Gallery drops £1m donor

The Sackler Trust, embroiled in opioid allegations, drops the donation earmarked to help revamp the gallery.

Trade war: US-China to resume face-to-face talks next week, reports say

The negotiations have taken longer than some had expected with contradictory comments on progress.

Tuesday, March 19, 2019

Juncker criticised over 'freeports'

EC president attacked for dismissing worries some art storage facilities may enable money laundering.

Watchdogs 'need to prove they protect consumers' says NAO

Four regulators need to be able to prove how they are protecting consumers, the spending watchdog says.

Brexit food stockpiling loan ad banned

Advertising chiefs rule people may have felt pressured into taking out a loan by fears of food shortages.

Future transport: How will we get around in 2050?

The push for cleaner air will mean more electric vehicles that are driverless and shared, according to experts.

Weedkiller glyphosate a 'substantial' cancer factor

Jury to consider damages after one of the world's most widely-used weedkillers is blamed for cancer.

Boeing: US orders review of 737 Max licence to fly

The transport secretary orders an independent assessment of the 737 Max certification process.

Lloyds boss Horta-Osorio gives up final salary pension perk

Antonio Horta-Osorio was the only employee still entitled to a final salary pension - much to the anger of staff.

Google reveals gaming platform Stadia

The new digital platform will stream games and has its own controller

The SEC calls for new contempt sanctions for Elon Musk

US financial regulator has called for sanctions after Mr Musk tweeted without seeking Tesla's approval.

Brexit: Less than half of trusted trader applications approved

Only 365 businesses have been granted the status - which could be crucial in a no-deal Brexit - in almost three years, Newsnight learns.

New York considers congestion charge

New York could follow London by introducing a congestion charge, but will it benefit everyone?

The UK's richest man bailing out Team Sky

The UK's richest man, and now owner of a cycling team, has built a multi-billion pound business by buying unloved assets.

Former Staples chain Office Outlet in administration

The former Staples stationery chain, Office Outlet, is in administration, putting 1,200 jobs at risk.

India 'asks banks to rescue Jet Airways'

The government has asked state-run banks to step in to save the struggling airline, Reuters reports.

Sainsbury's and Asda vow £1bn merger price cuts

The retail giants tell the competition watchdog a merger would mean shoppers save 10% on everyday items.

UK employment at highest since 1971

A new record number of 32.7 million people were in work between November and January in the UK.

Boeing expects 737 Max software fix by end of March

The aviation giant tells airlines it will have new software to control the controversial MCAS system.

Huge Norwegian aluminium plants hit by cyber-attack

The Norwegian firm, which employs 35,000 people worldwide, has switched to manual controls at some plants.

Bonmarché shares down 14% on profit warning

The clothing firm had said losses would be £4m this year - it now thinks these could reach £5-6m.

Ocado sales hit by warehouse fire

The firm had more orders per week, but their average size was slightly lower.

Monday, March 18, 2019

Christchurch shooting: Australia PM calls for social media crackdown

Australia's PM asks that G20 leaders discuss "unrestricted" social media in the wake of the NZ attacks.

World's most expensive cities revealed

Paris comes top of a ranking of the world's most expensive cities, alongside Hong Kong and Singapore.

Home leasehold system needs reform, say MPs

The UK's leasehold system has left many householders in unsellable homes, says a committee of MPs.

Why are Venezuelans seeking refuge in crypto-currencies?

As Venezuela staggers under political and economic crises, its citizens are embracing digital money.

Warner Bros boss quits amid affair allegations

Kevin Tsujihara leaves after claims he attempted to secure roles for an actress he was involved with.

Boeing: French investigators find crash 'similarities'

French air crash investigators say there are "clear similarities" between two Boeing 737 Max crashes.

Equal Pay Day: Cheaper travel for Berlin women

Berlin public transport gives women 21% off fares to highlight the gender pay gap.

EasyJet withdraws from proposed Alitalia consortium

Budget airline withdraws from a potential partnership that was exploring future options for Alitalia.

MySpace admits losing 12 years' worth of music uploads

The social network has apologised for losing the data during a server migration.

Revellers spend £69 on average on a UK night out, says report

Spending is up 15% as people stay out for longer, according to a report into the night-time economy.

Eurostar industrial action continues to hit services from Paris

Severe disruption on Paris-to-London services continues on another day of industrial action.

Domino's Pizza denies claims it misled investors

Domino's Pizza rejects claims it hasn't been upfront about relations with some of its franchisees.

WorldPay payments firm in $43bn sale to US rival

WorldPay, once part of RBS bank, has been bought by Fidelity National Information Services.

JD Sports to buy Footasylum for £90m

JD Sports is making a cash offer of £90.1m to acquire rival retailer Footasylum.

UK space internet firm OneWeb ready for lift-off

OneWeb secures new funding enabling it to speed up plans for a global high-speed broadband network.

Sunday, March 17, 2019

Travelodge targets parents to fill post-Brexit staffing gap

The budget hotel chain plans to open 100 new hotels over the next five years, creating 3,000 new jobs.

Ethiopian Airlines: 'Clear similarities' with Indonesia crash

Ethiopia sees 'similarities' between last week's plane crash and last year's disaster off Indonesia.

Eurostar tells customers 'don't travel'

Paris to London services are severely disrupted by industrial action by French customers officers.

Deutsche Bank and Commerzbank in formal merger talks

Deutsche Bank and Commerzbank are to launch formal merger talks as they struggle to grow.

Brexit: 'Physically impossible' to leave on 29 March, says chancellor

The chancellor also warns the PM's deal may not return to the Commons if it doesn't have MPs' support.

M&S plans big store shift towards weekly food shop

The retailer wants to target the weekly family shop, with more stores offering its full range of food.

Saturday, March 16, 2019

Levi's ride 1980s denim trend back to stock market relisting

The 166-year old brand is rejoining the stock market but how long will popular demand for denim last?

Friday, March 15, 2019

Brexit ferry contracts could cost government millions more

The government's no-deal ferry contracts will require further payments if Brexit is delayed.

Boeing: What next after the 737 Max disasters?

Boeing's top-selling jets grounded until May as investigators work out what caused two fatal crashes.

Patisserie Valerie black hole grows to £94m

The cafe chain's deficit is larger than first thought and may warrant further legal action, a report says.

Philip Green's Topshop retail empire in restructuring move

Sir Philip Green's retail empire considers store closures amid "exceptionally" tough conditions.

Boeing to upgrade software on Ethiopian Airlines crash jet

The US planemaker will roll out the changes in the coming weeks after the 737 Max aircraft disaster.

Interserve: UK outsourcing giant loses rescue vote

The contractor, which has 45,000 UK staff, faces administration after 60% of investors rejected the plan.

Contactless card use surges as doubts ease

Contactless use rose by 31% in 2018, data shows, with the technology accounting for two in five card payments.

Wetherspoon's profits plunge by 19%

Meanwhile the pub chain's chairman released a statement attacking Brexit "doomsters".

Volkswagen and former boss face US lawsuit over Dieselgate

The Security and Exchange Commission says the German car giant misled investors.

Thursday, March 14, 2019

Musk adds new Model Y to electric car line-up

The new mass-market electric vehicle has a base price of $39,000 and a 230-mile range.

China foreign investment law: Bill aims to ease global concerns

The law aims to ease foreign concerns and is seen as an olive branch to the US amid trade war talks.

Interserve: Key UK contractor faces crunch vote on rescue plan

The outsourcing giant has been seeking support for a rescue deal from shareholders and lenders.

Energy bills: 'I don't know who to trust'

Frustration with energy suppliers' customer service leads to changes, as ratings expose the worst performers.

Zoopla bars 'No DSS' rental ads

The property website bans ads that discriminate against renters on benefits.

Facebook loses chief product officer and Whatsapp head

The two resignations come a week after Mark Zuckerberg outlined plans for a "privacy-focused" platform.

Companies told women must make up third of senior directors by 2020

Firms including Domino's Pizza and JD Sports told to appoint more women directors or risk investor warning.

Uber planning stock market flotation 'in April'

The firm is reportedly planning a stock market flotation in April, hot on the heels of its rival Lyft.

CBI: Brexit delay 'could only be a stay of execution'

Parliament still needs to come up with a coherent Brexit plan, the CBI business body says.

Sir Martin Sorrell gets WPP payout a year after leaving

The former WPP boss is to get £2.13m worth of shares from the company he resigned from a year ago.

Coca-Cola reveals how much plastic it uses

It's one of a number of big firms to show how much plastic is being used every year

Ethiopian Airlines: Crash plane's black boxes sent to Paris

Investigators in France are to analyse the crashed Ethiopian Airlines aircraft's flight and voice boxes.

Volkswagen boss apologises for Nazi gaffe

Herbert Diess used a phrase that echoed "Arbeit Macht Frei", a slogan emblazoned on the gates of Auschwitz.

Superdry rejects co-founder Dunkerton's 'supercharging' plan

Clothing chain says its co-founders' plan to "supercharge" the company would be "extremely damaging".

Brexit: Does NI tariffs plan violate WTO law?

BBC News NI assesses if the UK's no-deal Brexit plan to avoid a hard Irish border breaches WTO law.

Shell chief's pay doubles to 143 times average UK employee's

Ben van Beurden's £17m pay is now 143 times larger than the average Shell employee in the UK.

Chancellor needs 'an urgent spending review', IFS says

Key financing issues must be addressed quickly, the Institute of Fiscal Studies says.

Exit fee crackdown on investment fund supermarkets

A ban or cap on exit fees would allow investors to switch more easily between investment platforms, FCA says.

Govia Thameslink fined record £5m over timetable chaos

The rail regulator fines Govia Thameslink a record £5m for weeks of chaos caused by a new timetable.

Construction company Dawnus 'in administration'

Subcontractors of Swansea-based firm Dawnus say they have been told the company is in administration.

Wednesday, March 13, 2019

Mike Ashley refers Debenhams board to regulator over profit warning

Sports Direct accuses the board of giving misleading advice to investors, which Debenhams denies.

Brexit uncertainty 'holds back house moves'

Surveyors say that the Brexit impasse means buyers and sellers are "sitting tight", according to a report.

Jaguar Land Rover recalls 44,000 cars over emissions

Land Rover, Range Rover and Jaguar models are affected by the UK recall, the firm says.

What impact will China's new foreign investment law have?

China's attempt to placate Washington amid trade war negotiations will only go so far.

Pound jumps to nine-month high

Sterling rises more than 2% after Parliament rejects a no-deal Brexit.

Boeing grounds entire crash aircraft fleet

The US plane-maker suspends the 737 Max after investigators find new evidence at disaster site.

Spring Statement: Chancellor Philip Hammond on economy

The chancellor opens his Spring Statement by saying the UK economy is “remarkably robust” and has “defied expectations”

Canada joins ban on Boeing crash aircraft

The country is the latest to temporarily ban flights of the aircraft following a crash on Sunday.

Hammond sets June date for new border e-gate checks

More overseas visitors, including from the US, Australia, and South Korea, to use e-gates from June.

Thomas Cook plane crop top passenger 'told to cover up'

Emily O'Connor claimed Thomas Cook cabin crew said her crop top and trousers "caused offence".

Spring Statement: Hammond promises 'deal dividend'

Chancellor promises extra spending, if MPs vote to leave the European Union with a deal.

IBM used Flickr photos for facial-recognition project

Some people are said to be unaware that their data had been used for a facial-recognition project.

Warehouses thriving from Brexit stockpiling

Warehouse owner Alan Ferguson says fears of a no-deal Brexit have brought "a 50% uplift in demand".

Ethiopian Airlines: Ground all Boeing 737 Max 8 jets, says CEO

Many countries have grounded Boeing 737 Max jets after the Ethiopian Airlines crash but not the US.

Warehouses thriving from Brexit stockpiling

Warehouse owner Alan Ferguson says fears of a no-deal Brexit have brought "a 50% uplift in demand".

Morrisons stocks up on 'cupboard fillers'

The retailer stocks up on some products and says there has been a rise in sales of painkillers.

Most imports tariff-free under no-deal plan

The government announces that most imports into the UK would not attract a tariff in the event of a no-deal Brexit.

Carphone Warehouse fined £29m for insurance mis-selling

The financial regulator says the firm failed to give staff the right training to sell Geek Squad insurance.

'No water and rodents' among student housing gripes

A third of UK students have gone without heating or running water, a survey suggests.

Tuesday, March 12, 2019

Six things to know about the Spring Statement

The Chancellor Philip Hammond will deliver an update on the UK economy. What can we expect?

Tackle tech giants' 'bullying tactics' review urges

The UK must update its approach to competition in the tech sector, a new report says.

IMF: Greece among best performers in eurozone

The International Monetary Fund says Greece is still vulnerable but has made great progress.

Bank of England 'must practice what it preaches'

The Bank of England needs to sharpen up compliance and improve diversity, a committee of MPs says.

Scooting off: Is this the answer for short journeys?

Scooters and other micro-vehicles are increasingly popular but the regulations have not caught up.

Tech-filled strap makes old watches smart

A strap that adds notifications and payments to old watches has been designed by Sony engineers.

US under pressure to ground Boeing aircraft

Senators and airline workers call on the Federal Aviation Authority to suspend the 737 Max.

CBI: UK must shut down no-deal Brexit

Business body urges MPs to extend the Brexit process 'backed by a clear plan'.

The people trying to save the High Street

A restaurant in Staffordshire is selling £5 burgers as part of a campaign to boost the High Street.

Wonga: Fourfold rise in compensation claimant estimate

More than 40,000 customers of former payday lender Wonga are seeking compensation, with more expected.

Boots pharmacists vote to recognise new union

Boots pharmacists have voted "overwhelmingly" for a new union to have recognition.

Pound falls sharply on Brexit deal advice

Sterling drops two cents after attorney general says new Brexit deal doesn't tackle key objections.

Nissan cuts two models from Sunderland plant

Japanese car maker pulls the Infiniti brand out of Western Europe due to poor sales.

UK economy stalls despite strong January

The economy expanded by 0.5% in January but three monthly growth remained weak.

Could electric vehicles be the future for Kenyan travel?

Kenya's electricity surplus could be capitalised on by a company reconditioning electric vehicles.

Boeing 737: Australia joins Singapore in barring Max planes

Australia joins Singapore in barring operations of the 737 Max aircraft following two crashes.

French Connection sales fall as it makes small profit

The fashion chain says it is still in talks with potential buyers about the sale of the business.

Boy's letter to Qantas boss for 'CEO advice' goes viral

The 10-year-old boy called on Alan Joyce to take him "seriously" about starting an airline.

Monday, March 11, 2019

Boeing 737: Singapore bars entry and exit of 737 Max planes

The decision comes in light of two fatal accidents involving a Boeing Max 8 in less than five months.

Raghuram Rajan says capitalism is 'under serious threat'

Former Indian central bank governor Raghuram Rajan warns of the challenges facing global democracy.

US 'warns Germany a Huawei deal could hurt intelligence sharing'

US ambassador tells Germany to shun Huawei or face curbs in intelligence sharing, according to reports.

What went wrong at Superdry?

The blame game over the decline of the British retailer is playing out in public.

Ethiopian Airlines crash: FAA says Boeing 737 Max 8 is airworthy

Aviation officials resist calls to ground the model involved in Sunday's Ethiopian Airlines crash.

The interview robot that doesn't make snap judgements

We are all susceptible to unconscious bias - making assumptions about people. Is a robot any better?

Do supermarkets know more about us than we do?

Product loyalty is not solely based on value, quality or choice but also on personal attachment, studies suggest.

Would you be happy being interviewed by a robot?

Employers can make unconscious - and unfair - judgements about interviewees within a few seconds.

Tim Berners-Lee: 'Stop web's downward plunge to dysfunctional future'

Thirty years after he invented it, Sir Tim Berners-Lee says the web is not what it should be.

FCA to run no-deal Brexit 'financial war room'

The Financial Conduct Authority has plans for a 'war room' in the event of a hard Brexit.

UK audit watchdog to be replaced by new governing body

The Financial Reporting Council will be scrapped and replaced by a new regulator for accountancy firms.

Climate change: Pledge to cut emissions from dairy farms

A dairy firm is promising to make its farms carbon-neutral by 2050 in a move described as "ambitious".

'Plastic pollution is kind of like marriage'

Vasu Primlani is an Indian stand-up comedian who likes to talk about environmental issues in her comedy.

The designer turning trash metals into jewellery

Designer Aanchal Sukhija collects and recycles waste from Indian kabadiwallas (garbage buyers) and turns it into jewellery.

Wonky spud vodka couple eye export market

A potato-farming couple are hoping to sell their vodka to overseas markets like the US and Middle East.

Brexit 'sees UK finance firms move £900bn to Europe'

Study counting cost of Brexit on banking and finance says 275 firms have moved some business abroad.

Brilliant Energy fails to live up to its name

The domestic energy provider with 17,000 customers ceases trading - the latest of a string of failures.

Brexit: 10 ways you could be affected by no-deal

From your weekly shop to your holiday plans, how could a no-deal Brexit affect you?

Smart speakers and baking into inflation basket

Q: "Alexa - what is now being used to help calculate the cost of living in the UK?" A: "I am"

Superdry tells co-founder Julian Dunkerton he's not welcome back

Fashion chain says his designs flopped and he should stop trying to return to the firm he founded.

How I'm preparing for a no-deal Brexit

In a big week for Brexit small business owners share how they're preparing for the possibility of no deal.

Turkey's economy slides into recession

The trade dispute with the US was one factor pushing Turkey's economy into recession last year.

RBS trials biometric fingerprint bank card

The bank says the technology is designed to increase security and make payments at tills easier.

Tesla to raise prices and keep more stores open

The electric carmaker says prices will rise by 3% and reverses a decision to close stores.

Sunday, March 10, 2019

China orders airlines to halt Boeing 737 Max-8 flights

The move comes a day after an Ethiopian Airlines 737 Max-8 crash killed all 157 people on board.

Businesses urged to 'do more' to win public contracts

Firms must help to improve society if they want to win public contracts, the UK government says.

Hot weather unable to stem shopper decline in February

Last month saw the biggest fall in five years in people visiting stores in February, says the BRC.

What to do if your business makes you ill

If your business is making you ill, then you're running it the wrong way, says Matthew Upchurch.

Cheese, chops and hops: How will Brexit impact UK producers?

With Brexit looming, a lamb farmer, cheese maker and brewer give their take on what it might hold.

McDonnell pledges 'green revolution' jobs

Shadow Chancellor John McDonnell says a "green industrial revolution" could create thousands of jobs in Scotland.

Brexit could be lost if deal rejected, Jeremy Hunt says

Tories face "devastating" consequences if MPs do not back Theresa May's deal, Jeremy Hunt says.

Corby steelworks closure remembered 40 years on

At their height the works in Corby, Northamptonshire, employed half the town.

Interserve facing crucial vote on rescue plan

Outsourcing giant Interserve is urging shareholders to back its rescue deal this week.

Saturday, March 9, 2019

Brexit: Could the UK drop tariffs to zero?

Crucial votes on Brexit next week could determine whether the UK has greater flexibility to set tariffs.

Friday, March 8, 2019

Lords urge tougher rules for tech firms

Technology firms and social media apps should all fall under one regulatory body, Lords report says.

Was the millennial dream killed by QE?

Ten years on from Bank of England's first injection of money into the economy, what impact has it had?

Cash or no cash - where do you stand?

The future of cash is at risk, according to a major report, but would we notice and are we bothered?

Drinks billionaire criticised over handicapped gaffe

Nick Caporella likened managing a soft drinks brand to caring for a handicapped person.

No-deal Brexit threat to 'billions of pounds' of chemicals

A legal loophole means chemical imports used in manufacturing may be halted, a trade body warns.

US jobs shock as growth slows

The world's largest economy added just 20,000 jobs in February as construction hiring plunged.

Norway's sovereign fund to drop oil and gas investments

The world's largest sovereign wealth fund has $37bn invested in oil firms such as BP and Shell.

International Women's Day: 'I'm teaching other women to fly helicopters'

Captain Sarah Bowen is training other women to get into the aviation industry to be just like her.

Geneva Motor Show: What's the quirkiest car on display?

Theo Leggett looks at which vehicles are trying to stand out from the crowd at the Geneva Motor Show.

Goals Soccer Centres warns on profit after 'accounting errors'

Goals Soccer Centres says it has uncovered "accounting errors" and will delay the release of its results.

China exports saw biggest fall in three years in February

The latest China trade data points to further signs of strain in the world's second largest economy.

Carlos Ghosn: Lawyer sorry for workman 'disguise' idea

Takashi Takano says his plan to sneak the former Nissan boss out of jail unnoticed had backfired.

Government's worries over backdoors in Huawei’s 5G tech castle

One potential problem with next-gen mobile technology may have more to do with castles than you’d expect.

How a car can be hijacked via its smart alarm

Security researchers show how a car can be controlled via bugs in a smart alarm system.

Thursday, March 7, 2019

New summer rail timetables set for May

Rail bosses promise they have "learned the lessons" from last summer's timetable chaos.

Get a grip on money-laundering, say MPs

UK efforts to tackle money-laundering are "highly fragmented", says an influential committee of MPs.

Economy 'needs more women entrepreneurs'

More female-run businesses could give the UK economy a £250bn boost, a new report says.

Breaking India's menstruation taboos with a comic book

Aditi Gupta created a comic book to help girls in India better understand their periods.

Soon we'll be able to see round corners and underground

Quantum sensing could let us see what's underground, detect diseases earlier, even track a submarine.

Sports Direct seeks to remove Debenhams board

Mike Ashley wants to take charge at Debenhams and would step down from his roles at Sports Direct to do so.

LK Bennett fashion chain goes into administration

Fashion chain LK Bennett - which has 39 shops - is in administration and seeking a buyer.

Bitcoin: Crypto investors 'think they can get rich quick'

Cryptoasset investors are influenced by friends and social media celebrities, but often understand little.

Primark to move 220 Reading jobs to Dublin

Primark announces 220 jobs in "product operations" will move from Reading to its headquarters in Dublin.

John Lewis chair: There's been a lot of discounting

John Lewis chairman Sir Charlie Mayfield says trading conditions on the High Street are "really tough".

Leasehold first-time buyers: 'We're trapped in our own house'

There is a consultation going on that could change the way we own homes forever.

No rate rise for eurozone this year

The euro slipped after the European Central Bank said it would offer banks cheap loans as economies weaken.

Estate agent Countrywide sees Brexit uncertainty hit trade

The UK's largest estate agent reports widening losses and says the uncertainty is hitting business

Graze recalls 'vegan' snack that contained milk

The food firm apologises and tells vegans and customers with allergies not to eat the product.

Four reasons John Lewis is under pressure

Its poor results come at a time of hardship for High Street stores in general and department stores in particular.

John Lewis bonus lowest since 1954 as profits plunge

The retail partnership - which includes Waitrose supermarkets - says staff will receive a 3% bonus.

Quiz shares halve on fresh profit alert

The chain warns of "significant shortfall" in sales and says it now reviewing "all aspects" of its business.

How incompetent men get ahead

Why Do So Many Incompetent Men Become Leaders? Tomas Chamorro-Premuzic's book has a provocative title but what's the answer?

Greggs vegan sausage roll boosts sales

The new snack drives a sharp rise in sales, as annual revenue tops £1bn for the first time.

National Apprenticeship Week: How to win at work

As part of National Apprenticeship Week these apprentices are share their best do's and don'ts whilst starting out at work.

Wednesday, March 6, 2019

Huawei sues US government over product ban

The Chinese telecoms firm is pushing back against claims its products present security risks.

Climate change: Government deal to boost offshore wind

A deal between the UK and the wind industry will ensure 30% of electricity comes from offshore wind by 2030.

Din Tai Fung: The accidental dumpling empire

Taiwan's famous dumpling chain Din Tai Fung has opened its first restaurant in London, but says it never planned to become this big.

Northern's long six-carriage trains delayed by two years

The company will not introduce its new long trains, aimed at reducing overcrowding, until the end of 2021.

Is it time to ditch the suit and tie?

A new generation of employees could lay formal work wear to rest.

'I spent £700 on loot boxes in a month'

Online gamer George Proud says loot boxes within popular computer games are addictive.

Geneva Motor Show: The weird and wonderful

Europe's biggest car show of the year has thrown up its usual mix of the fast and furious - and strange.

Zuckerberg outlines plan for 'privacy-focused' Facebook

He also said Facebook would not store sensitive data in countries with weak records on human rights.

Ex-Nissan boss Ghosn leaves a Tokyo jail on bail

The former chief executive of Nissan, Carlos Ghosn, has been released from a Tokyo jail on bail.

Government will audit how Eurotunnel spends £33m settlement

The Department for Transport will ensure a £33m settlement benefits "the wider economy".

Electric cars dominate at the Geneva Motor Show

As the global car industry shows off its latest models in Switzerland, electric power dominates.

Trump dealt blow as US trade deficit jumps

The gap between US imports and exports hits a 10-year high despite the president's reduction plan.

Bugatti unveils the world's most expensive new car

Bugatti's one-off supercar, unveiled at the Geneva Motor Show, sold for at least £9.5m before tax.

HSBC fights back in £450m pension row

Britain's biggest bank is facing a shareholder vote over a pension scheme campaigners say is unfair.

Uber 'not liable' for self-driving death

Prosecutors say Uber is not criminally liable for a crash involving one of its self-driving cars.

Hello Kitty to be made into Hollywood film

Warner Bros has acquired the rights to make a film featuring the lucrative cartoon franchise.

Nissan ex-boss Ghosn released on bail

Carlos Ghosn is released on bail set at 1bn yen (£6.8m) after more than 100 days in detention in Japan.

Just Eat profits up amid merger pressure

The food delivery service reports rising revenues amid shareholder pressure to merge with a rival.

US ambassador defends farming record on chicken and beef

Washington's ambassador to the UK tells the BBC he would choose to eat "safe" chlorine washed chicken.

Dundee could be UK's first 'living wage' city

Employers have joined forces in order to boost the number of jobs which pay the voluntary living wage of £9.

Tuesday, March 5, 2019

Goldman Sachs relaxes dress code for all employees

The firm urged staff to use "good judgement" in their fashion choices as it relaxed its dress standards.

Andy Palmer says Aston's Martin's 26% sales growth last year was 'very, very good'

Aston Martin boss Andy Palmer tells the BBC's Theo Leggett that the firm's underlying performance last year was "very good" in a very volatile market.

Pay by cash? Not for long, report warns

Changes are needed to ensure access to cash, otherwise the system will fall apart, a review says.

Apprenticeship take-up down by a quarter

Public spending watchdog says the government has "some way to go" to show the scheme is value for money.

Aston Martin boss Andy Palmer hits back at the doubters

As he unveils cars to rival Ferrari and Roll-Royce, Andy Palmer says the firm is a UK manufacturing jewel.

Department for Transport issues pothole warning

The government wants companies that dig up the roads to guarantee they remain pothole-free for five years

'Our vision is a world without traffic jams'

The Moovel app is designed to be a 'one-stop shop' for travel across cities on different kinds of transport.

UK may slash trade tariffs under a no-deal Brexit

Import taxes could be scrapped completely on some goods, but others still be protected, say reports.

Workers rights: MPs promised vote on changes after Brexit

Unions say a pledge to allow MPs to decide on adopting future EU changes is "flimsy window dressing".

JetBlue considers new US-UK flight routes

The firm will make a decision on long haul planes which could introduce new flights to London.

Tesla: China suspends customs clearance for Model 3 car

Misprinted labels delay shipments but the firm says it has reached a resolution with authorities.

Barclays fundraising 'about saving jobs'

Court hears ex-Barclays boss wanted to raise funds privately to save his own and the then chairman's jobs.

Morgan family sells control to venture capitalist group

The iconic British sports car maker Morgan is to be sold to an Italian venture capital group

'The most powerful Italian sports car ever made'

Automobili Pininfarina's Battista "hypercar" is the fastest road legal car ever - and it's electric.

Does Help to Buy prop up housebuilders?

The government says it helps people on to the housing ladder. Critics say it just subsidises builders.

Viagogo faces new court action from competition watchdog

The UK's competition watchdog is preparing to take legal action against ticket reseller Viagogo.

Toyota warns a no-deal Brexit could hit future UK investment

Japan's biggest carmaker says Brexit "hurdles" could hit any new production at its UK factory.

Mark Zuckerberg's wealth shrinks by $8.7bn on Forbes rich list

The Facebook founder drops three places in the Forbes rich list after his firm's shares fall.

Mystery as Quadriga crypto-cash goes missing

Cyber-investigators are trying to find out what happened to millions in crypto-cash.

Toyota Europe boss in stark no-deal Brexit warning

Toyota Europe boss says a no-deal Brexit would make it hard for it to build cars at Burnaston.

Debenhams in profit alert as sales continue to slide

The department store chain says it will not be able to meet forecasts it made just two months ago.

Rent-to-own price cap to start in April

The cost of buying goods such as TVs and fridges on a rent-to-own basis will be controlled.

Council tax bills in England to rise an average of 4.5%

The Local Government Association said councils had "little choice" in order to protect services.

India beats UK and US on mobile data price

A survey of global mobile data prices reveals massive differences between countries.

Monday, March 4, 2019

China economy: Beijing unveils $298bn tax cuts to boost growth

China's premier told its annual parliamentary session the country faces "a tough struggle".

Carlos Ghosn: Ex-Nissan boss granted bail, say Japanese media

Carlos Ghosn has been given bail set at 1bn yen (£6.8m; $8.9m), say Japanese media reports.

Trump targets India and Turkey in trade crackdown

The US plans to scrap preferential status previously granted to exports from India and Turkey.

Verify: Investigation slams government ID scheme

Only a third of universal credit claimants who use Gov.UK Verify have been able to authenticate their identity.

The fastest road car in the world revealed - and it's electric

Could such ultrafast supercars generate a "halo effect" and make electric cars sexier in general?

Chris Grayling under fire from MPs for Brexit ferry absence

Labour says transport secretary is an "embarrassment" as fellow minister answers questions on Brexit payout.

Paperchase proposes store closures to cut costs

Stationery retailer Paperchase threatens store closure to cut costs

Prince Charles charity link to Russian offshore network

An investment bank led by an oligarch with links to Prince Charles managed a network of offshore companies.

Virgin Atlantic removes cabin crew make-up rule

The airline tells female staff they will no longer have to wear make-up while at work.

Countrywide fined £215,000 over money-laundering failings

The estate agent group is penalised after failing to keep proper records under money-laundering regulations.

Great Blakenham SnOasis: Financial backing 'in place'

Plans for the £300m snow sports centre in Great Blakenham have been in the pipeline for 18 years.

The Prince, the oligarch and the stately home

How a Russian oligarch helped Prince Charles rescue a Scottish stately home

Ministers halt discussion of tax transparency bill

Some MPs had hoped to amend the bill to force greater tax transparency in Britain's Crown Dependencies.

US ends diplomatic protocol tiff with EU

A dispute over diplomatic protocol surfaced two months ago amid heightened tensions over trade.

Giraffe and Ed's Easy Diner chains to close 27 sites

Hundreds of jobs are at risk as the owner of Giraffe and Ed's Easy Diner reveals plans to shut 27 restaurants.

Female whisky apprentices aim to master ancient craft

Angela Cochrane and Kirsty Olychick are the first women to be taught how to create oak casks for whisky.

Facing the future after Honda closure

A man who has worked at the Swindon Honda factory for 24 years starts the process of finding new work.

Ted Baker founder Ray Kelvin resigns amid hugging row

Ray Kelvin resigns after allegations of misconduct - including "forced hugging" - which he denies.

Car buyers overcharged £1,000 by dealers for loans, says watchdog

A probe by the City watchdog into the car finance market reveals overcharging by motor dealers.

Struggling towns to get £1.6bn post-Brexit boost

Prosperity has been unfairly spread, says the PM, as Labour accuses her of trying to bribe its MPs.

Sunday, March 3, 2019

Huawei's Meng Wanzhou sues Canada authorities over arrest

The chief financial officer of the tech giant says Canadian authorities violated her civil rights.

Orders gagging workers to be curbed

The government wants to stop firms buying the silence of workers who make accusations of wrongdoing.

Church pressures firms on tax and with no women directors

It says it will vote against chairmen and women of boards of big companies which have poor polices on tax transparency and climate change.

'Ask the stupid questions - it's a great skill to have'

Knowing when to ask for advice is a great skill when you’re starting a business, says Pippa Murray, of Pip and Nut.

Geneva Motor Show: Why it will be electrifying

The huge Geneva Motor Show is gearing up - and this one promises to be electrifying.

How a missing letter helped create a tech billionaire

Scott Farquhar is a tech entrepreneur worth $7bn (£5.3bn), but he almost joined a military academy instead.

Turning disused buildings into artist studios

Charities and councils are working with landlords to provide artists with workspaces in cities.

Brumadinho dam collapse in Brazil: Vale mine chief resigns

The head of the Vale mining giant is replaced amid an inquiry into the dam break that killed 186.

Friday, March 1, 2019

Phone scams: Rise in fraudsters making fake HMRC calls

A crackdown on email and mobile phone hoaxes has led to more fraudsters targeting victims by landline.

What's gone wrong at Weight Watchers?

Changing its name to WW just before peak dieting season proved to be a costly move.

Freak weather 'will make life harder for business'

Experts warn many firms are unprepared for a less predictable climate after winter temperatures hit record highs.

MPs in renewed attempt to force money laundering crackdown

Tax havens under UK jurisdiction will have to be open about who owns assets there if MPs get their way.

Meng Wanzhou: Huawei chief executive can be extradited, Canada says

Canada begins the process to extradite Meng Wanzhou to the US, but a court must make the final decision.

Lyft losses grow ahead of $25bn flotation

The ride-hailing firm reveals a sharp rise in sales but losses have increased over three years.

New York asks Amazon to reconsider campus plan

Two weeks on, Amazon's decision to back away from plans to build a New York City campus continues to stir debate.

BetterBathrooms retailer in administration

Better Bathrooms, the UK's largest independent bathroom retailer, has called in administrators.

Carmarthen boss banned for 221 million nuisance PPI calls

Richard Jones is branded "one of the worst offenders we have come across" by investigators.

Warwick Manufacturing Group founder dies

Hundreds of thousands "owe their livelihoods" to Lord Bhattacharyya, the business secretary says.

Government insists US trade deal won't lower food standards for UK

Number 10 says it won't give into US trade deal demands to allow chlorine and hormone treated meat in UK.

Vodafone sorry over See You Jimmy 'joke' amid Glasgow job cuts

A manager for the firm was pictured in the outfit after job cuts were confirmed to workers in Glasgow.

Is technology changing the way we love?

Technology has changed the way the world looks at love and relationships. Paromita Vohra, filmmaker and educator on love and relationships, certainly agrees.

Government pays Eurotunnel £33m over Brexit ferry case

UK government pays £33m to Eurotunnel after accusation of "secretive" no-deal Brexit ferry contracts.

LK Bennett on brink of collapse

The fashion chain has lined up an administrator for the business as it seeks funding to stay afloat.

Manufacturing job losses 'at six-year high'

Factories are cutting jobs and stockpiling at a record pace ahead of Brexit, a survey indicates.

Ad giant WPP sees profits sink amid restructuring costs

The firm is restructuring after former boss Sir Martin Sorrell's abrupt departure last year.

Brexit: 'No deal' Port of Ramsgate funding axed

The Port of Ramsgate was at the centre of a storm over a contact with a ferry company with no ships.

PTSD: The Hampshire garage helping forces veterans

The garage that runs an apprenticeship scheme for forces veterans with post-traumatic stress disorder.