Thursday, October 31, 2019

China rolls out 'one of the world's largest' 5G networks

By the end of the year, China's will be one of the world's largest 5G deployments, state media said.

Asda: Workers rejecting new contract face the sack

The supermarket's workers have until Saturday night to agree new contracts or face dismissal.

Whirlpool 'silenced customers' amid tumble dryer fire scare

MPs criticise the maker's use of non-disclosure agreements and its response to tumble dryer fires.

Bank of England governor announcement postponed

Mark Carney's successor will be appointed after the general election on 12 December.

How instant noodles became a million dollar idea

The BBC's Aaron Heslehurst explains how instant noodles became a million dollar idea.

Salmonella scare sparks hummus recall

Hummus stocked by retailers such as Aldi, Morrisons and Sainsbury's has been affected by the recall.

'OK Boomer' has earned me $25,000, says student

American youngsters are selling merchandise that gives a collective shoulder-shrug to their elders.

Goals Soccer Centres bought by rival Soccerworld

The five-a-side football firm says its assets are being taken over immediately, protecting 750 jobs.

General election 2019: Have the Conservatives 'slashed taxes for the richest'?

Jeremy Corbyn says the Conservatives have slashed taxes for the richest. Is that true?

McDonald's apologises for 'Sundae Bloody Sundae' promotion

The firm says the Halloween ads were not meant to be an "insensitive reference to any historical event".

Cash deserts cry out for free-to-use ATMs

A "request an ATM" service faces overwhelming demand, receiving more than 100 applications.

Bombardier NI operations sold to Spirit AeroSystems

The aerospace firm's Belfast operation was put up for sale in May as part of a reorganisation.

Vauxhall fears after car giants Fiat and PSA announce merger

Fiat Chrysler and Vauxhall's owner, France's PSA, announce merger plans for a £40bn car giant.

Lloyds profits nearly wiped out by £1.8bn PPI hit

The bank reports quarterly profits of £50m following the latest bill from the PPI mis-selling scandal.

Qantas grounds Boeing 737 plane due to 'cracking'

The airline is inspecting its 737 NG fleet after similar discoveries by regulators in the US.

Wednesday, October 30, 2019

Jho Low: US to recover $700m from 1MDB financier

High-end real estate and a luxury hotel will be seized as part of the deal struck with financier Jho Low.

Car industry gloom as UK production falls further

Output fell in September capping a 15-month period of decline, an industry body says.

How protests pushed Hong Kong to the recession brink

Growth figures due out Thursday are expected to show Hong Kong's economy has fallen into recession.

My Money: 'I only paid 70p towards my dinner'

As part of a new BBC blog series, Eliza Hunt shares what she spent her money on this week.

Boeing 'doesn't understand our grief'

Zipporah Kuria's father Joseph Waithaka was one of 157 people killed when a Boeing 737 Max crashed in March.

Apple profits hit by slowing iPhone sales

Sales of the iPhone fell about 10% from the same period in 2018.

Twitter to ban all political advertising

Twitter CEO Jack Dorsey says the reach of political messages "should be earned, not bought".

Federal Reserve cuts rates again amid trade and growth fears

The US central bank cuts interest rates for the third time in four months.

US economic growth slowest this year

The slowdown was not as bad as feared, with consumer spending offsetting a fall in business investment.

Smart meters will get to Star Trek phase, says minister

The technology will be a "friend" of consumers, a minister says, but he admits problems with the rollout.

Facebook agrees to pay Cambridge Analytica fine to UK

The social network has dropped an appeal against a £500,000 penalty from UK's privacy watchdog.

Warm weather kept shoppers away from Next

The bellwether for the High Street said sales improved in October as the temperatures dropped.

Saudi Aramco flotation 'coming soon'

Stock market flotation of one of the world's most profitable firms 'soon' says energy minister.

Tuesday, October 29, 2019

WhatsApp sues Israeli firm over phone hacking claims

Facebook-owned WhatsApp alleges NSO Group was behind a cyber-attack on phones and messages.

Peugeot owner 'in merger talks with Fiat Chrysler'

Reports suggest the carmakers are exploring a tie-up to create a near $50bn US-Europe auto giant.

For these women, it's Halloween all year round

For many of us Halloween is a one day event, but for these women Halloween is their job.

Are cigarettes responsible for modern marketing methods?

Technology massively boosted cigarette production, but it took new techniques to sell them.

Netflix founder: 'Learn when to get out of the way'

You need to learn "when to get out of the way" as a start-up CEO, says Netflix founder Marc Randolph.

Brexit deal means ‘£70bn hit a year to UK by 2029'

The UK economy will be 3.5% smaller than if it had stayed in the EU, claims a new study.

Gatwick trial cuts plane boarding time by 10%

The airport operator is experimenting with new sequences to get passengers on planes quicker.

Fertility treatment: 'Putting on brave face at work was exhausting'

BBC 5 live listeners explain how fertility treatment affected them in their jobs.

Why passwords don't work, and what will replace them

Passwords can be insecure, easy to lose and easier to forget, so can new tech protect us?

Currys PC World customers scammed via eBay

Criminals siphoned money from unwitting eBay customers who paid using PayPal.

Boeing accused of 'pattern of concealment' over 737 Max approval

US lawmakers tell the planemaker they fear it put profit over safety when getting the 737 Max approved.

Harry Potter publisher Bloomsbury hit by US-China tariffs

Bloomsbury faced a overnight price rise of 15% in the cost of books shipped from China to America.

Gender pay gap progress dismally slow, says charity

Closing the gender pay gap will take 60 years at current rate, says the Fawcett Society.

Hangers are 'fashion industry's plastic straw', says designer

Roland Mouret has created a recyclable clothes hanger in a bid to end the use of plastic ones.

Typical home £800 pricier than a year ago, says the Nationwide

The annual rise in UK house prices has been at less than 1% for each of the last 11 months, the lenders says.

Plastic hangers are our little dirty secret, says designer

Fashion designer Roland Mouret hopes a new recyclable hanger will reduce wastage.

Saudi woos back heavyweights despite Khashoggi murder

The Saudi event includes some figures who stayed away in 2018 over the killing of Jamal Khashoggi.

Brexit 50p coins to be 'recycled' after PM accepts extension

The Treasury scraps new 50p pieces designed to commemorate Brexit on 31 October.

Monday, October 28, 2019

Hong Kong's leader issues fresh recession warning

Ms Lam says the economy is likely to have contracted as long-running protests continue.

Christmas markets hit by Brexit costs

Organisers have brought goods to the UK early to avoid any difficulties with the UK's exit from the EU.

A sweet idea that created a $40m business

How Tara Bosch set up and grew low-sugar sweets company Smart Sweets.

Blowing whistle on dirty money 'wrecked my life'

Two people flagged up suspicious activity at a major Dubai gold refiner - and lost their jobs.

QuickQuid victims promised 'easy' compensation scheme

The company's administrators, Grant Thornton, warn payouts will be a fraction of eligible claims.

Luxury goods firm LVMH eyes Tiffany takeover

Bernard Arnault's LVMH confirms it has held "preliminary discussions" about buying the US jeweller.

Christmas meal treats 'under threat'

Pigs in blankets might be scarce this Christmas because of labour shortages, says the meat industry.

Sunday, October 27, 2019

HSBC warns of 'challenging' outlook as profit falls

Europe's largest bank said performance was "not acceptable" in some parts of its business.

EY: Gold, drug money and a major auditor's 'cover-up'

Accounting firm EY did not report suspect gold sales linked to drug smuggling, an investigation finds.

MPs demand action over rise in online bank crashes

Report says more regulation and a levy on firms may be needed to protect customers from IT failures.

Virgin Galactic: Branson's space firm set for stock market launch

Shares in the space tourism company are due to start trading in New York on Monday.

Depop: Can pre-loved clothes make fast fashion sustainable?

How young people are combating the environmental costs of fast fashion with bedroom-based business.

Brexit negotiators removed 'adequate' from worker rights plan

Worker rights: UK negotiators remove “adequate” from employment and environmental standards enforcement.

Brexit: 'Fears confirmed' over rights at work, says Labour

But the government says reports that employee rights could be downgraded are "way exaggerated".

Saturday, October 26, 2019

Why some some job interviews are downright weird

Why many firms are terrible at teaching their staff how to interview job candidates.

Telegraph owners to put newspapers up for sale

Billionaire owners the Barclay twins are reviewing their key assets after slump in papers' profits.

Friday, October 25, 2019

'I gave up a six-figure salary to join Extinction Rebellion'

Former banker Andrew Medhurst used to fly around the world, but now handles the movement's finances.

Wheels of fortune? A new age for electric motors

Better electric motors will lead to cars that can go further, faster and even sideways.

Jaguar Land Rover gets China sales boost

The UK carmaker sees sales in China up by almost a quarter, helping it report a profit.

Liverpool win legal battle over New Balance kit deal

A High Court judge rules the kit supplier's marketing offer was "less favourable" than a Nike deal.

Error found in UK public finances, official statistics body admits

The Office for National Statistics says the deficit in the year to date could be about £1-1.5bn smaller.

Boeing 737 Max Lion Air crash caused by series of failures

Investigators found faults by Boeing, Lion Air and the pilots led to the crash, which killed 189 people.

Mobile giants unveil plan to end rural 'not-spots'

The proposed deal with the government aims to get 4G coverage to 95% of the UK by 2025.

Thursday, October 24, 2019

TikTok hits back over China influence claims

The popular Chinese-owned video-sharing app faces increasing scrutiny over claims of state censorship.

'More than 3,000 bus routes cut in last decade'

Local authority funding for buses has fallen by more than 40% in ten years, says one charity.

Tensions highlight the importance of global trade

High profile trade rows simply underline the value and importance to us all of global trade.

How the whistle became a million dollar idea

The BBC’s Aaron Heslehurst explains how the whistle became a million dollar idea.

Powerlist 2020: WorldRemit CEO Ishmail Ahmed tops list

From Somaliland to picking strawberries and becoming a fintech CEO, Ismail Ahmed tops the Powerlist 2020.

QuickQuid, UK's biggest payday lender, to close

Thousands of QuickQuid customers had unresolved complaints about unaffordable payday loans.

Amazon profits hit by rising shipping costs

Shares in the e-commerce company drop after the firm's profits fall to $2.1bn.

Barclays u-turn on cash access in post offices

Barclays reverses its decision to prevent customers withdrawing money from the Post Office network.

Supercuts calls in administrators risking 1200 jobs

Regis UK, the owner of the Supercuts hairdressing chain, has called in administrators.

UK aids corrupt wealth, says Transparency International

UK firms provide services that help launder criminal and suspicious wealth, says a corruption watchdog.

Twitter profit falls short due to ad bugs

Problems with advertising products have led to lower-than-forecast profit for the micro-blogging site.

RBS slumps to loss after £900m hit from PPI

The state-backed lender's third-quarter loss came amid a challenging period for its investment bank.

Carlos Ghosn lawyers ask court to drop charges against him

The former Nissan boss, arrested last year, faces financial misconduct charges in Japan.

Wednesday, October 23, 2019

High Street woes mount as '85,000 jobs lost'

The British Retail Consortium calls for political action as it estimates the scale of job cuts.

Mario Draghi: His legacy after eight tumultuous years at the ECB

The European Central Bank president has been cast as a hero and villain during his eight years.

When to fire the boss: A tale of three sackings

They say it's lonely at the top, but as WeWork's ex-leader recently learned, it's also precarious.

Tesla shares surge after unexpected profit

The electric carmaker says its plans in China and for its next model are ahead of schedule.

WeWork warns of job cuts after Softbank rescue

The firm's new executive chairman says it must 'right-size' the business.

Facebook's Zuckerberg grilled over Libra currency plan

Mark Zuckerberg tries to reassure lawmakers about the safety of its new digital currency, Libra.

Metro Bank posts loss during 'challenging' time

The £3.6m loss follows an accounting scandal and billions of pounds of customer withdrawals.

Energy supplier Toto ceases trading

Its collapse comes just three months after buying customers from another failing supplier.

Thomas Cook: Former bosses deny responsibility for collapse

Manny Fontenla-Novoa and Harriet Green defend their roles at the tour firm as its debts mounted.

Lion Air families told of fatal Boeing 737 crash causes

Indonesian investigators blame design and mechanical failures for Boeing 737 disaster last October.

Fresh doubts about British Steel as bid hopes fade

Thousands of jobs are at risk as Turkish bidder Ataer is yet to agree a deal for British Steel.

Anglesey nuclear power plant set for planning boost

The £13bn plans are on hold after a deal could not be reached over the price paid for energy.

High Street: How many UK shops have closed?

Many retailers have announced store closures and job losses.

Tuesday, October 22, 2019

Shaquille O'Neal backs NBA executive over China dispute

The basketball legend has defended comments made by a NBA executive that prompted a backlash in China.

Katie Price, Lauren Goodger and Georgia Harrison Instagram posts banned

Advertising watchdog bans weight loss posts by Katie Price, Lauren Goodger and Georgia Harrison.

UK cyber-centre targets payment card fraud

Banks are being told which payment cards to watch by government cyber-experts targeting online thieves.

Mark Parker: Nike boss to leave role after Oregon Project is closed down

Nike announce chief executive Mark Parker will step down from the role next year, just weeks after the company's Oregon Project was closed down.

What prohibition's failure means for the legalisation of cannabis

Banning alcohol inadvertently created one of the most successful black markets in the world.

The race to build a flying electric taxi

More than a hundred companies are working on electric aircraft designed to zip in and out of cities.

Slow progress for fracking as opposition grows

The government forecast up to 20 wells would be fracked by mid-2020, but only three have been so far.

'Sex work paid my student bills. Now I regret it'

A growing number of students sell intimate pictures online or more to pay for university life, a survey says.

WeWork 'accepts takeover by Softbank'

The investment giant reportedly takes control of the firm, buying $1bn of shares from co-founder Adam Neumann.

How liquid air could help keep the lights on

The UK will build the first ever liquid air energy storage plant, based on an idea from a backyard inventor.

New Wrightbus owner to recruit within weeks

Bamford Bus Company, owned by industrialist Jo Bamford, formally acquires the Ballymena firm.

Dragons' Den star's firm on brink of insolvency

Gripit, founded by young entrepreneur Jordan Daykin, is in "a precarious position", its board says.

Sharm el-Sheikh: UK to resume flights after safety ban

Four years after the bombing of a Russian plane, the UK says airport security at the resort is safe.

Skincare firm Sunday Riley avoids fine for staff's fake reviews

Staff at Sunday Riley were found to have posted fake positive reviews on beauty giant Sephora's website.

UK government borrowing up by a fifth over past six months

The latest figures come as the chancellor is preparing to announce spending rises in next month's Budget.

Brexit deal: NI firms must declare goods heading to rest of the UK

The Brexit secretary says there'll be no forms to fill in - then reverses his position shortly afterwards.

Infosys: India software giant probes whistleblower claims

Shares of Asia's second-most valuable IT firm plunge amid allegations against its top leadership.

Airbnb probed by UK tax authorities

The home rental site has warned a tax inquiry by HM Revenue & Customs could lead to litigation.

Xiaomi: The Chinese brand dominating India's smartphone market

Tech giant Xiaomi has muscled its way to the top of India's smartphone market in just a few short years.

Monday, October 21, 2019

China has more 'unicorn' start-ups than the US

The country now has the world's highest number of start-up companies worth more than $1bn.

The map store boss who took the long route

Vivien Godfrey waited until she was 56 before taking the helm at her family's firm Stanfords.

Thomas Cook used its auditors to justify £5m bonus

The bonus, paid to former boss Manny Fontenla-Novoa, followed a heavily-criticised merger.

Green number plates planned for electric cars

The plan means it will be easier to offer incentives such as cheaper parking for zero-emission cars.

'I wish the bank had asked about my spending'

Banks are being urged to step in to protect those with mental health issues, but there are privacy concerns.

Exxon accused of misleading investors on climate change

New York State and the oil giant will now face each other in court in New York over the claim.

Facebook reveals preparations for UK election

The tech giant has set out extra measures for fighting the spread of disinformation.

American Airlines London flight diverted after 'chemical spillage'

Medics examined crew and passengers after a cleaning solution spill, American Airlines said.

Drugs firms reach $260m US opioid settlement

Four drugs companies avoid a trial over their role in the US opioid crisis by striking a deal.

Asda's contract changes are 'just not fair'

The supermarket chain says it will fire staff who do not sign up to new terms and conditions.

Waitrose and John Lewis to stop putting plastic toys in Christmas crackers

The company also plans to ban plastic glitter from its own-brand Christmas range by December 2020.

Brexit deal acceptable, says top Barclays banker

Sir Ian Cheshire, chairman of Barclays' UK operations, says business leaders want to see certainty.

Sunday, October 20, 2019

'I lost £4,000 in a call centre scam'

Indian police have shut two call centres and arrest seven people suspected of involvement in the scam.

Top fund manager forced to resign after BBC investigation

Mark Denning, who managed billions of dollars of investors' money, broke investment rules, the BBC finds.

My security software was a scam that cost me £4,000

Doug Varey was offered security software which turned out to be a frightening and costly scam.

Pound slips in early trading after delay on Brexit vote

Most big banks in London have called in extra staff to react to a potentially volatile trading session.

Brexit date downplayed in government advertising shift

The government changes the wording on its Get Ready for Brexit website after Saturday's vote.

Ghost nets: Tackling a silent killer of the seas

Ghost nets kill huge numbers of marine animals every year, but new tech might help prevent that.

'I've had to close my business over Brexit uncertainty'

Rob Tanner is one of a number of small business owners who say the political statement is damaging.

Saturday, October 19, 2019

Syrians in Brazil: 'I am not a millionaire, but I will be'

Two Syrian refugee chefs hope their food businesses will make them millionaires in Brazil.

What's it like working with someone you're married to?

Some couples who work together say it makes both partnerships stronger, but it's not always easy to navigate.

Are US billionaires really going to pay more tax?

For years, the assumption has been that most Americans are anti-tax, but are attitudes changing?

Libor rigging inquiry shut down by Serious Fraud Office

The Serious Fraud Office unexpectedly closes an investigation into interest rate fraud.

Friday, October 18, 2019

The spectacular fall of money manager Neil Woodford

Sacked from his flagship fund, and shutting the business - the story of Neil Woodford and his sudden fall.

Are young Brits falling out of love with the cuppa?

Demand for builder's tea is falling, while coffee and herbal teas are becoming popular.

Carney: Brexit deal 'positive' for UK economy

Governor of the Bank of England says deal takes away the threat of a 'disorderly' Brexit.

Boeing staff texted about 737 Max issue in 2016

A pilot allegedly wrote that he had "unknowingly" lied to regulators during tests of the 737 Max.

Bonmarché appoints administrators

The chain's 318 shops will remain open while a buyer is sought for the business.

The UK universities benefitting from opioid money

Two institutions were awarded a combined £3.4m last year from the family behind Purdue Pharma.

Asbestos discovery triggers Johnson & Johnson baby powder recall in US

The firm recalls one batch after regulators find trace amounts of asbestos in a bottle bought online.

Barclays board 'approved' controversial Qatar deal

Barclays' board approved an agreement at the heart of fraud charges against former executives, a court hears.

US Airbus row: European goods hit by new US tariffs

Wine, cheese and cashmere jumpers are among the EU items that have gone up in price in the US.

Sainsbury's to stop selling fireworks

The supermarket is the first to end sales amid calls for a ban to protect pets and the vulnerable.

Thursday, October 17, 2019

China economy: Third quarter growth misses expectations

The world's second largest economy is battling a trade war with the US and slowing domestic demand.

Savile Row tailors caught up as US tariffs come in

Men's wool suits are among the products facing new tariffs at a crucial time for UK trade.

Banning out-of-hours email 'could harm employee wellbeing'

Stopping staff accessing email outside the office could leave some feeling stressed, research suggests.

IMF: What is it and why does it matter?

The annual meeting of the IMF gets under way in Washington this week.

Can a new apple take over the world?

Apple growers in Washington state reckon their new variety, the Cosmic Crisp, will be a global hit.

NBA facing 'substantial' losses over China dispute

The US basketball league pays the price for comments backing pro-democracy protesters in Hong Kong.

Facebook chief rules out banning political adverts

Mark Zuckerberg says he does not think it is right for a company to censor politicians or the news.

BA passengers: Cabin fumes affected our health

Passengers on a British Airways flight to Valencia which filled with smoke mid-air have told the BBC they are still experiencing breathing difficulties two months on.

Kevin McCloud property firms face liquidation

People lent thousands of pounds to a company which was founded by the Grand Designs presenter.

Exchange rates: Why has the value of the pound jumped?

A simple guide to how currency is valued and what it means for your finances.

Pound jumps as Johnson says Brexit deal reached

The value of sterling rises after Boris Johnson says a "great new deal" has been agreed.

Three investigating loss of phone services

Three says it is experiencing "technical difficulties with voice, text and data".

Tesla gets the go-ahead to build cars in China

The electric carmaker started building its new Gigafactory 3 in Shangahi at the start of the year.

Christian Dior apologises to China over map error

The French luxury brand is criticised for using a map of China that excluded Taiwan.

Wednesday, October 16, 2019

BA passengers: cabin fumes gave us breathing problems

A British Airways flight to Valencia in August was evacuated after the aircraft filled with smoke.

Online fashion twice as ‘racy’ as High Street

Online fashion stores are more likely than traditional ones to use images seen as "racy", BBC research finds.

My Money: 'BOOM, suddenly £14.99 less rich!'

As part of a new BBC blog series, Olivia Davies shares what she's spent her money on this week.

Netflix warns of a 'headwind' as new rivals loom

The firm's subscriber growth is slowing, and Disney and Apple are due to launch their own streaming services.

Asda contract protesters deliver petition to Leeds HQ

Hundreds of protesters deliver a petition in an Asda shopping trolley to the store's headquarters.

GM reaches 'tentative' deal with striking UAW workers

Workers have been on strike for nearly five weeks as they demand better pay and working conditions.

UK's controversial 'porn blocker' plan dropped

A plan to force porn sites to verify users' ages will be shelved, says Digital Secretary Nicky Morgan.

Jessops owner plans to call in administrators

The High Street camera chain, which is owned by Dragons Den star Peter Jones, lost £13m last year.

Northern rail could be renationalised

The government is considering whether the management of the train service should be taken into public hands.

John Lewis stops selling drones due to misuse fears

The retailer says the Gatwick Airport drone shutdown and falling sales had prompted its decision.

Global investors taking risks for higher returns, says IMF

In its latest economic assessments, the IMF says risks to global financial stability remain high.

Ed Sheeran's label boss Ben Cook steps down over 'offensive' Run DMC costume

Ben Cook steps down as president of Atlantic Records after dressing up as a member of Run DMC.

What is the UK's inflation rate?

A guide to what inflation is and why it matters for household finances.

Asos profits plunge in 'disappointing' year

The online fashion retailer blames "challenging" growth and warehouse problems for its weak performance.

Primavera festival goes paperless with switch to mobile-only tickets

The Spanish festival hopes to combat touts by adopting a mobile-only ticket policy.

Luton airport expansion 'reckless and irresponsible'

A second consultation into expansion at Luton Airport opens today and includes plans for a second terminal.

Tuesday, October 15, 2019

My way to stop boardroom infighting

CEO Gordon Wilson says his way to stop execs infighting is for people to open up about themselves.

The UK cities where rent is rising the fastest

New research reveals a geographical split in how the cost of renting a UK home has changed in a year.

'Send nudes' Boohoo ad banned after complaint

The advert for clothes in skin tones was not socially responsible, the UK advertising watchdog rules.

HS2 must be built in full, say the CBI's regional heads

The call by regional heads of the CBI business lobby comes amid worries HS2 could be scaled back.

Criminals 'could exploit' no-deal Brexit gaps

With two weeks to go, the National Audit Office warns governments and firms are not fully prepared.

And 'Lo!' - How the internet was born

Interface Message Processors built the Arpanet, which led to the internet of today.

Neil Woodford closes crisis-hit investment empire

The UK's best-known stockpicker shuts remaining operations after crash of his multi-billion-pound funds.

Brexit: Pound and shares jump on optimism over talks

Sterling hits its highest in five months on reports the two sides are inching towards a draft deal.

Royal Mail union votes in favour of strike action

Royal Mail faces its first national postal strike in a decade after 97% of votes cast were in favour.

Primark warns shoppers not to buy online

The High Street chain says that it does not have a commercial relationship with Amazon.

IMF warns world growth slowest since financial crisis

The International Monetary Fund warns against "policy mistakes" such as tariffs and a no-deal Brexit.

Thomas Cook ex-boss defends £500,000 bonus payment

Peter Fankhauser says he was not solely at fault for the firm's collapse but will reconsider the reward.

UK jobs market 'shows signs of slowing'

The unemployment rate rises unexpectedly to 3.9% between June and August.

Neil Woodford's flagship fund to be shut down

The closure of the frozen fund is seen as a major humiliation for the UK's best-known stockpicker.

Car financing crackdown 'to save drivers £165m'

The UK's financial regulator plans to ban the way some car dealers earn commission.

Monday, October 14, 2019

Esther Duflo: 'Nobel Prize will be a megaphone'

The joint winner of the economics prize tells the BBC her work is not rocket science.

Central heating boilers 'put climate change goals at risk'

The UK will not meet its climate change targets without a revolution in home heating, a think tank says.

The hungry 26-year-old who set up a £100m food firm

When Timo Boldt realised he wanted to get meal kits delivered, he decided to set up his own firm.

Staff back at work in former Thomas Cook shops

Former Thomas Cook staff go back to work in their travel shops.

Sports Direct calls for probe into Nike and Adidas dominance

The Mike Ashley-owned retailer says the "must-have" brands hold too much market power.

US treasury chief Mnuchin in China tariff warning

Tariffs on $156bn of goods will be imposed if a trade deal is not finalised by December, Steve Mnuchin warns.

Government dodges 'full fibre for all by 2025' pledge

Gigabit broadband is promised but the government neither says it must be full-fibre nor sets a deadline.

Nobel economics prize winner hopes to inspire women

Esther Duflo, who won the prize as part of a team of three, is only the second woman since 1969 to win.

Vodafone error sees customers hit by thousands in charges

Glitch sees customers abroad hit with thousands of pounds of charges and unable to use their phones.

Budget date revealed by chancellor Sajid Javid

Sajid Javid says it will be the UK's first Budget after leaving the EU.

Sunday, October 13, 2019

Labour's nationalisation price tag would start at £196bn, CBI says

The CBI employers' group claims Labour's plans would cost the combined health and education budgets.

Facebook's digital currency dealt another blow

Leaders of the G7 group of the world's biggest economies issue warning about digital coins like Libra.

What Brexit means for half-term holiday plans

Costs, paperwork, and the healthcare safety net may all be affected. Here's what you need to know.

Hunter Biden to step down from China board amid Trump attacks

The move by the son of former US Vice-President Joe Biden follows attacks by President Donald Trump.

Saturday, October 12, 2019

Can Rugby Union’s top tier be broken?

Too much money is focused on the big nations in rugby union, an ex-England international says.

General Motors strike: 'We've got to fight for what's right'

Four weeks into the car giant's strike, workers are losing money but say they will continue to protest.

Friday, October 11, 2019

US postpones next tariff hike after China trade talks

The US had been due to raise import duties on roughly $250bn worth of Chinese goods next week.

Airline collapse rules could be changed so planes can fly people home

The government wants to be able to requisition grounded planes to fly stranded passengers home.

Payments giants abandon Facebook's Libra cryptocurrency

Mastercard, Visa, eBay and Stripe join PayPal in no longer supporting Facebook's effort to launch a currency.

Is Victoria’s Secret finally embracing all women?

The lingerie group is known for its impossibly-sculpted models but a new campaign may signal change.

Pizza Express: We're still making dough

The popular High Street chain is fighting back against its challenges amid a wave of online support.

Barclays made ‘dodgy’ deal with Qatar, court hears

Two Barclays executives dishonestly hid a payment to Qatari investors, prosecutors allege.

Holy tech! Churches try new ways to connect

Churches are increasingly using social media and specialist software to help reach their congregations.

Boeing and FAA criticised over 737 Max certification

A panel has sharply criticised the FAA and Boeing over certification of the company's 737 Max.

UK awards no-deal medicine transport contracts

The government has awarded medicine supply contracts worth £86.6m to four ferry firms.

Brexit: Sterling surges on renewed hopes of a deal

The pound hits a three-month high, and UK-focussed shares soar, on optimism of a Brexit breakthrough.

Half of all debit card payments now contactless

Industry figures reveal the 50% mark has been reached for the first time as the way we pay changes.

Renault ousts chief executive Thierry Bolloré in 'coup'

Thierry Bolloré is abruptly dismissed by the French carmaker after only nine months in the role.

FlyLolo: Hundreds of holidays hit by cancelled flights from Glasgow

The operator said it was unable to provide the aircraft for flights to Tenerife and Lanzarote.

Facebook under fire over 'outrageous' UK tax bill

Tech firms have been criticised for the amount of tax they pay, but Facebook says it pays what is legally owed.

Wrightbus sale deal reached 'in principle'

Bidder Jo Bamford says a deal has been reached "for the Wrightbus factory and land".

Google pulls Hong Kong protestor game from store

Another company faces a boycott for banning an esports player who supported the protestors.

Few convinced by Apple's case for Hong Kong app removal

Apple's removal of an app used to track Hong Kong police leads to claims it was bowing to Beijing pressure.

Can the world's largest HMV store work in a digital age?

Will HMV Vault in Birmingham become the "Nirvana for music and film fans" the firm hopes for?

Thursday, October 10, 2019

Trump optimistic about US-China trade talks

Markets have edged higher amid renewed optimism over the talks, despite diplomatic tensions.

Why Starbucks? The brands being attacked in Hong Kong

For Hong Kong businesses, voicing support for China or the police can make them a target.

Aerospace industry seeks Brexit reassurance

Aerospace firms say it is "vital" the UK and EU have regulatory alignment.

Love Island: How Amber Gill and Molly-Mae changed fashion

Social media is a powerful tool used by fast fashion companies, but with big names alongside them are they unstoppable?

How the speed camera became a million dollar idea

The BBC's Aaron Heslehurst explains how the speed camera became a million dollar idea.

US sanctions Guptas for South African 'corruption'

The US Treasury Department said the Gupta family participated in a "significant corruption network" in South Africa.

Dyson has scrapped its electric car project

The British firm, which has already built the first cars, says the project is not commercially viable.

Nissan Europe 'unsustainable' in no-deal Brexit

The Japanese carmaker is concerned about the impact of export duties in the event of no-deal Brexit.

How selling citizenship is now big business

A growing number of countries will now sell foreigners one of their passports - for a price.

What does the new £20 note look like?

The BBC's Simon Gompertz explains what the new £20 banknote looks like.

Wrightbus: Jeff Wright 'can't reach deal' for Ballymena firm

Jeff Wright says the failure of industrialist Jo Bamford to complete the purchase is regrettable.

UK set to avoid recession despite poor August

Although the economy unexpectedly contracted in August, it is still expected to avoid a recession.

£20 note: New design for Britain's most-forged banknote

The Bank of England says the new £20 note featuring artist JMW Turner will enter circulation in February.

Apple drops Hong Kong police-tracking app used by protesters

The company says the app has been used to target and ambush police and to threaten public safety.

US-China trade talks to resume amid diplomatic tension

Without progress at the talks, the US will increase tariffs on $250bn worth of Chinese goods.

Wednesday, October 9, 2019

Oxfam alleges abuse in UK supermarket supply chains

A "relentless" drive for profits is fuelling poverty, abuse, and discrimination, the charity said.

Liverpool is home to the 'chattiest mobile phone users'

An Ofcom survey suggests that people from Liverpool spend the longest time on mobile phone calls.

Google offers tool for cities to measure emissions

Data from Google Maps could help cities plan to lower emissions.

Full fibre - Hull shows the way

Hull has become the first city in the UK where everyone can get full fibre broadband.

Top Barclays executives 'hid £280m payment', court hears

Two Barclays executives dishonestly hid a payment to Qatari investors, prosecutors allege.

Who are the family buying Thomas Cook shops?

The Sunderland firm that began in the back of a childrenswear store is buying 555 Thomas Cook shops.

Tech giants face higher tax bills under shake-up

The OECD has proposed more powers for governments to tax big companies.

Links of London: Jobs at risk as firm goes into administration

The luxury jewellery firm has 28 standalone stores and seven concessions in the UK and Ireland.

Call of Duty breaks records as publisher faces Hong Kong backlash

The game's developer has become embroiled in controversy over the political crisis in Hong Kong.

Thomas Cook's 555 shops to be bought by rival

All Thomas Cook shops to be bought by Hays Travel in a move that could save up to 2,500 jobs.

Ladbrokes owner sees profits boost despite gambling crackdown

GVC, which also owns Coral, confirms 900-shop closure plan despite profits growth.

Johnson & Johnson ordered to pay man $8bn over breast growth

A US jury finds Johnson & Johnson guilty of negligence over an anti-psychotic drug.

Goldman Sachs reviews role in Chinese tech firm Megvii

Goldman Sachs is advising Megvii, but the US has put the Chinese AI firm on a human rights blacklist.

Inverclyde eviction threat facing retail giant Amazon

The world's most valuable public company has been told to leave its Gourock warehouse in a row over rent.

Tuesday, October 8, 2019

How interchangeable parts revolutionised the way things are made

One man's desire to create the perfect gun profoundly changed manufacturing.

How 3D technology is capturing the world

From computer games to railway tracks, capturing 3D images in exquisite detail is now big business.

Fast-food chain CEO: 'don't treat business as war'

Doing business isn't like waging a war, says fast-food chain boss John Vincent.

No-deal Brexit data - should firms worry?

In a no-deal Brexit, the UK will need to prove to the EU that its data protection is up to scratch.

IMF boss Kristalina Georgieva warns of 'painful' Brexit

Brexit will add to world economic woes, IMF managing director Kristalina Georgieva says.

Fraudsters 'target Thomas Cook refund site'

The Civil Aviation Authority says it has taken "urgent action" over suspicious online activity.

Triumph Furniture of Merthyr Tydfil folds with 252 job losses

The family-run business, established in 1946, supplied more than 600 furniture resellers.

Could blacklisting China's AI champions backfire?

The US move to restrict trade with Chinese AI firms could encourage them to be more independent.

Barclays blow to Post Office banking

The decision not to let its customers withdraw money from Post Office counters is described as "shocking".

UK productivity suffers worst drop in five years

Both services and manufacturing saw a fall in the second quarter of the year, official figures show.

Lorry import tariffs to be cut in no-deal Brexit

The move comes after the Road Haulage Association pushed the government to axe the tariff altogether.

Chinese TV scraps plans to show NBA exhibition games

The row over a tweet from Houston Rockets boss Daryl Morley supporting Hong Kong protesters intensifies.

Femtech: Right time, wrong term?

The 'femtech' label for women's health tech is flourishing but not everybody is a fan.

Hong Kong drops £32bn bid for London Stock Exchange

The London Stock Exchange Group had rejected the bid, which it said fell short of a fair valuation.

Monday, October 7, 2019

Forecasts of post-Brexit economic gloom 'were accurate'

The Institute for Fiscal Studies says forecasts of post-Brexit economic gloom 'were accurate'.

IFS: No-deal Brexit would push UK debt to 50-year high

Government borrowing would reach its highest level in over half a century, the think tank warns.

Thomas Cook passenger: 'I'm stuck in Tunisia'

One customer who fell outside the two-week window to be repatriated says she can't afford a new flight.

Can UK bookseller James Daunt revive Barnes & Noble?

Waterstones boss James Daunt has taken charge of America's biggest bookseller, the ailing Barnes & Noble.

The boss who rescued 300 Syrian refugees

Entrepreneur Jim Estill spent CA$1.5m of his own money to bring Syrian refugees to Canada.

Drax: Block on power station development overruled

The Planning Inspectorate had ruled against new gas-fired turbines on climate change concerns.

House price growth at six-year low, says the Halifax

The Halifax says growth will remain subdued for as long as economic uncertainty in the UK continues.

Daryl Morey backtracks after Hong Kong tweet causes Chinese backlash

The general manager of the Houston Rockets had expressed support for Hong Kong protesters.

Is this the in-flight meal tray of the future?

Each year, an estimated 5.7 million tonnes of cabin waste is generated on passenger flights.

Thomas Cook refund form launched online

It will take 60 days for customers of the collapsed firm to get their money back.

Sunday, October 6, 2019

'I’m being jailed – but the court was misled'

Two former traders were convicted despite multiple misleading statements by prosecutors.

Ex-Barclays executives face fraud trial over Qatar rescue

The Old Bailey trial of three top bankers over a 2008 Qatar fundraising is set to start on Monday.

Unilever promises to halve new plastic use

The manufacturer of brands such as Dove and Domestos says it will recycle more plastic than it sells.

‘I’m being jailed for four emails from 12 years ago’

A former trader says the US government submitted misleading evidence to court.

Thomas Cook: Remaining 4,800 passengers set for return

Flights bringing back the remaining 4,800 holidaymakers are due to take off on Sunday.

Saturday, October 5, 2019

What to do if you hate your boss

Almost one in 10 people don't get on with their bosses, but how should they handle it?

Libra: PayPal first to drop out of Facebook cryptocurrency

Libra has been strongly opposed by regulators around the world over privacy and financial concerns.

Friday, October 4, 2019

Harrogate: What happened when the shops left town

Harrogate is one of the UK towns most hit by retail closures, but the locals are rising to the challenge.

'My home's freehold isn't worth the paper it's written on'

Denise Sullivan says restrictive covenants mean her freehold home is effectively a leasehold.

India shelves crackdown on single-use plastic

India has shelved a planned crackdown on single-use plastic due to business worries over disruption.

US unemployment rate falls to 50-year low of 3.5%

The figures come amid fears that recent weak economic data points to the US heading for recession.

Car sales: September figures deepen industry gloom

Hopes of a big sales increase in September are dashed, but growth in electric vehicles continues.

How the highlighter pen became a million dollar idea.

The BBC's Aaron Heslehurst explains how the highlighter pen became a million dollar idea.

Insurance: Millions of loyal customers 'overpay on car and home cover'

People pay an average of £200 too much for home and car insurance, the financial regulator says.

BP names new boss as Bob Dudley steps down

The oil giant says insider Bernard Looney will take over as chief executive on 5 February.

Japanese car sales sink in South Korea amid trade rift

Toyota says sales in South Korea have been hit by simmering tensions between Seoul and Tokyo.

Thursday, October 3, 2019

John Lewis seeks discounts from its landlords

The retailer tells property firms it will withhold 20% of a quarterly service charge.

Why a row over jets could raise the cost of whisky

A long-running fight between the US and the EU over planes risks hurting other industries.

Hong Kong protests: Rich chase golden visas as unrest simmers

Migration firms report a spike in interest from Hong Kong in schemes that offer passports for investments.

My Money: Lucy's guilt over spending £1.50 on tuna

As part of a new BBC blog series, Lucy Holligan shares what she spent her money on this week.

Falling felines: Keeping cats in high-rise flats safe

If you're a cat owner in a high-rise apartment in Singapore, how do you keep your cat safe?

Warburtons 'on the verge of compostable packaging'

Chairman of bakery tells 5 Live the firm is close to replacing unrecyclable wax paper.

Norfolk and Suffolk greenhouse plan 'will provide 10% of UK tomatoes'

The facilities in Norfolk and Suffolk will produce more than 20 tonnes of tomatoes a day.

Bennetts: Buyer found for 'world's oldest' department store

Bennetts, which has been in Derby for 285 years, is to be bought by a local businessman.

Poland mortgages: Homeowners win fight over Swiss Franc loans

Half a million indebted Polish homeowners have won a fight to be freed from Swiss franc mortgages.

Ineos job loss fear as Seal Sands plant faces closure

Ineos says it is carrying out a consultation following "decades of under investment".

Uber launches job app for gig economy workers

Starting in Chicago, Uber Works will allow casual workers to compare pay rates and sign up for shifts.

Facebook can be ordered to remove posts worldwide

EU countries can order websites to take down illegal posts worldwide, following a landmark ruling.

Defeat for women in state pension age challenge

Judges rule the government's handling of the rise from the age of 60 did not discriminate against women.

UK economy facing 'heightened risk of recession'

Closely-watched surveys suggest the UK economy has contracted in the past two quarters.

Ted Baker shares plunge 30% as sales slide

The retailer, which issued a profits alert in June, posts a heavy loss and warns of difficult conditions.

Wednesday, October 2, 2019

Asia stocks drop as slowdown fears rattle investors

Stock markets in Asia joined a global sell-off on renewed worries about trade and the world economy.

What can Silicon Valley learn from tinned food?

What's the best way to encourage innovation?

'The letter said I would have to wait five years for my pension'

Krissy Abbott had to depend on food banks and handouts, when she was expecting to live on her state pension - but her retirement age had changed from 60 to 65.

Ruling expected in women's pension age case

Judges will rule on whether the government's handling of the rise from 60 to 65 years old was discriminatory.

Thomas Cook staff forced to turn to family for cash

Crew and shop workers are borrowing from friends and family to pay bills after the firm's collapse.

Is the package holiday industry really over?

Holidays including food, flights and hotels remain popular despite Ryanair's boss saying they're "over".

Thomas Cook employees protest at Parliament

Former employees of Thomas Cook hand in a petition to the government demanding answers about the company's collapse.

FTSE suffers biggest drop since early 2016

The blue-chip index sees its biggest fall in over three-and-a-half years amid a global sell-off.

Royal Shakespeare Company ends BP partnership after student protest

The theatre company says it "cannot ignore" the "strength of feeling" against its sponsorship deal.

US set to impose tariffs on $7.5bn of EU exports in Airbus row

The World Trade Organization has issued its latest ruling in the 15-year dispute over Airbus subsidies.

Zavvi: Champions League final giveaway ad breached rules

Multiple people were told they had won a pair of tickets to the Champions League final in Madrid.

Female high flyers start #MeToo-style pay campaign

A group of 100 of the UK's most successful businesswomen want to end the gender pay gap.

Why are so few women inventors named on patents?

Women inventors account for just under 13% of patent applications globally, according to a study.

Aberdeen Standard Investments chairman Martin Gilbert steps down

Martin Gilbert says he will leave after nearly four decades with the business.

Tesco boss Dave Lewis in shock departure

The supermarket chain said it had accepted the chief executive's resignation with 'regret'.

Metro Bank chairman Vernon Hill to step down

His departure follows a failed plan to raise £250m, sending the lender's shares to a record low.

Tuesday, October 1, 2019

Burger King milkshake tweet 'encouraged' anti-social conduct

The fast food firm's post is banned by the advertising watchdog for encouraging anti-social behaviour.

'Flight shame' could halve growth in air traffic

More passengers are taking climate concerns into account and booking fewer flights, a survey suggests.

'Request an ATM' service to be launched

The UK's cash machine network has set up a £1m fund that could deliver 40 to 50 ATMs to so-called cash deserts.

Working all night is not 'a badge of pride'

Two ex-KPMG bosses are setting up a firm that shuns the "culture of fear" at big accountancy firms.

Jet fuel from thin air: Aviation's hope or hype?

A pilot project at Rotterdam airport plans to capture CO2 from the air and turn it into jet fuel.

Chancellor Sajid Javid hints at inheritance tax cut

Sajid Javid told an audience at Conservative conference that making changes was "something that's on my mind".

WTO cuts outlook for global trade growth to 1.2%

The World Trade Organization warns the slowdown could hit living standards and jobs around the world.

UBS economist reinstated after China 'pig' comments

Paul Donovan sparked outcry after saying a swine fever outbreak only mattered to "Chinese pigs".

Leaked Zuckerberg audio: 'You go to the mat and you fight'

Leaked recordings reveal Mark Zuckerberg's views on a potential break-up of Facebook.

John Lewis axes third of top jobs in restructuring

A single management team will oversee the department store chain and Waitrose from next year.

Greggs stockpiles pork for sausage rolls ahead of Brexit

The bakery chain says it wants to make sure that ingredients for its sausage rolls are safeguarded.

Gousto: Recipe box firm to create 700 jobs in UK

The firm, which delivers meal kits directly to customers, has recently seen a £30m investment.

Minimum wage: How high could the lowest salaries go?

The UK's lowest-paid workers are getting a pay rise - helping everyone from bar staff to carers.

House price growth 'almost ground to a halt'

The annual rise in UK property prices slowed to 0.2% in September, the Nationwide Building Society says.

Thomas Cook's auditor EY to be investigated

The accountancy watchdog will probe the auditor of the travel firm for the year to September 2018.

Thomas Cook: Ex-employees work for free to help holidaymakers

Former employees are working for free in cafes, pubs and empty shops to help customers rebook.

Spying scandal forces out Credit Suisse executive

Private detectives were hired to track the Swiss bank's former head of wealth management.

Harland and Wolff: Belfast shipyard bought by UK firm

A UK-based energy company steps in to buy the Belfast shipyard, with 79 jobs retained.