Wednesday, June 30, 2021

Didi: Chinese ride-hailing giant makes $68bn US debut

It is the biggest US stock market listing by a Chinese company since Alibaba's debut in 2014.

Covid-19 furlough scheme starts to be scaled back

As financial support reduces, we hear from a worker who has been on and off furlough for 15 months.

UK's furlough scheme starts to wind down

Employers will start paying part of workers' furlough wages as the job support scheme is withdrawn.

Covid: What impact has the furlough scheme had?

As the furlough scheme starts to draw to a close, how much did it cost and did it achieve its aims?

'Right to Repair' law will extend lifespan of products, government says

Appliances will be cheaper to run, the government says, under plans that will extend the lifespan of household goods.

Sunak to outline UK roadmap for financial services

The chancellor will pledge to make the UK the world's most "advanced and exciting" financial services hub.

CEO Secrets: How to keep your staff in a crisis

A medical-tech boss describes her strategy for keeping her team together in a crisis.

Gap to close all 81 stores in UK and Ireland

The fashion chain says it will be online-only from the end of September.

Green Saving Bond details revealed - except for one key factor

Savers' money will go to the government for environmental projects, but the interest to be paid remains unknown.

Bank of England's Andy Haldane voices 4% inflation fear

The Bank of England's departing chief economist warns that the risk of high inflation is "rising fast".

Trump Organization expected to be charged over tax

The firm and its chief financial officer are set to be charged with tax-related crimes, reports say.

Tradespeople shortages develop as EU workers leave

The founder of Homeserve says there aren't enough tradespeople EU workers leave and demand rises.

Pandemic opened people's eyes to the value of tech - Dixons boss

Alex Buldock says the pandemic and working from home opened people's eyes to the value of tech.

Tuesday, June 29, 2021

India's Bharti invests $500m in UK space start-up OneWeb

The cash injection comes after the British government and Bharti Global bailed out the company last year.

Name all firms receiving furlough cash, say MPs

The call from an influential committee of MPs comes amid fears of fraud and error in Covid schemes.

Why small investors are piling into share-trading apps

A boom in cheaper trading is tempting some inexperienced investors to take big risks, warn experts.

Portugal exempts under-18s from quarantine

But they must be travelling with a fully vaccinated parent or guardian, say tourism authorities.

United Airlines bets on travel boom with big plane order

The US airline announces its largest aircraft order to date, for 270 Boeing and Airbus planes.

Teneo PR firm boss quits over drunken misconduct claims

Declan Kelly steps down over what he called "an inadvertent, public and embarrassing mistake".

Foreign business leaders may get quarantine exemption

Executives visiting England from amber-list countries will not need to isolate if trip is a big economic benefit.

Charities say energy choice needed in poorer homes

People with prepayment meters should get priority for new, money-saving energy technology, charities say.

Firms urged to give staff time off for England game

Sir Keir Starmer says workers should be allowed to finish work early to watch England play Germany.

Brewdog: Watchdog urged to probe 'solid gold can' prize

The brewery company could be in hot water as winners dispute the value of the "solid gold" beer cans.

Makeup firm Revolution Beauty plans share sale

The move comes eight years after the firm behind brands such as Makeup Revolution was founded.

UK must take action on electric car technologies, says SMMT

SMMT is urging investment into charging points and battery factories to safeguard car industry jobs.

House prices rise at fastest pace since 2004

Prices rose 13.4% in the UK in the year to June and are close to record highs in relation to incomes.

Monday, June 28, 2021

Hong Kong bans all incoming flights from UK over Covid concerns

The city is worried about the more infectious Delta strain and ranks Britain as a 'high risk' country.

Stars call for 'gadget levy' to fund UK creatives

A small percentage of devices' cost should go into a fund for UK creators and performers, a group says.

Police are failing to protect shop workers, say MPs

A Home Affairs Committee report is calling for new laws to help protect shop workers from abuse.

The tech helping parents look after their babies

A growing number of technology firms are aiming to help reduce the anxiety of new mums and dads.

US judge throws out Facebook anti-trust lawsuits

The judge said lawsuits filed by the FTC and a group of states were vague or occurred too long ago.

Juul to pay $40m in US lawsuit over teen targeting claims

The e-cigarette company will pay $40m (£29m) to North Carolina and will change its marketing in-state.

Nissan to create thousands of UK jobs in battery investment

The carmaker is set to announce a major expansion of battery production in Sunderland.

Portugal to make UK travellers quarantine

UK travellers to Portugal will have to quarantine for 14 days while Germany also plans restrictions.

Greggs' sales recovery stronger than expected

The bakery chain says sales have continued to grow, while car dealership Lookers also enjoys strong trade.

Greensill auditor under investigation by watchdog

Saffery Champness's work for Sanjeev Gupta's financial backer is being probed by the FRC.

Sunday, June 27, 2021

FCA bans world's largest crypto-currency exchange Binance

The financial watchdog has ruled that Binance cannot conduct any regulated activity in the UK.

Jack Dorsey: Unpicking Twitter boss's passion for Nigeria

The social media platform is banned but Jack Dorsey remains a hugely popular figure in the country.

Small businesses urgently call for more Covid support

Payments on VAT and loans kick in from next week but many companies cannot operate until 19 July.

'Black rainstorm' warning suspends Hong Kong trading

It is the city's first 'black rainstorm' warning of 2021 with more than 70mm of rain forecast.

Pandemic work stress: How I learnt to deal with it

The disruption caused by the pandemic has raised fears of burnout, but workers are finding solutions.

BT and OneWeb sign rural broadband deal

The telecoms firm and satellite company explore ways of providing rural broadband in remote areas.

Brexit: NI business disruption needs to be fixed, says Lewis

The NI secretary calls on the EU to show more flexibility in implementing the NI Protocol.

Johnson & Johnson to pay $230m to settle opioid claim

Drugs firm to pay to settle claims it fuelled opioid painkiller addiction crisis in New York State.

Saturday, June 26, 2021

'I spent £70,000 on pilot training but can't get a job'

Newly qualified pilots are indebted and jobless as airlines reel from the pandemic, says the industry.

Hairdressers fear staff crisis after apprentice shortage

The pandemic caused the already decreasing number of apprentices to fall further, hairdressers say.

Friday, June 25, 2021

Armed Forces Day: Coin honouring Prince Philip unveiled

The special edition coin features a portrait of the Duke of Edinburgh that was approved in 2008.

E10 petrol: What is it and can my car run it?

A more eco-friendly petrol is coming to filling stations in the UK - but it's not suitable for all cars.

Cash access as vital as running water, says Age UK

The charity says people should get a guarantee of access to cash, as they do with water and electricity.

The builders with the secret to work-life balance

A forklift driver can't work from home, but there are other ways the industry can offer more flexibility.

Africrypt brothers deny involvement in Bitcoin 'heist'

Investors accuse South African firm of absconding with Bitcoin valued at billions of dollars.

Green list change prompts holiday pricing chaos

Prices for some destinations doubled overnight but others are falling as demand and supply flip flops.

Amazon and Google probed over efforts to stop fake reviews

UK competition watchdog begins formal probe into whether the internet giants have broken consumer law.

Thursday, June 24, 2021

Toshiba: Scandal-hit chairman ousted by investors

It comes after the firm was found to have helped suppress the interests of foreign investors.

Nike chief executive says firm is 'of China and for China'

The sportswear giant was recently hit by a backlash over statements on Xinjiang and the Uyghurs.

Covid: Green list expansion 'not enough', say travel bosses

Sixteen places - including Ibiza - have been added to the green list, but industry leaders want more.

Inaccurate gas and electricity bills criticised

The problem puts an extra strain on finances already affected by the pandemic, Citizens Advice says.

Covid: How do you feel about going back to the office?

As lockdown restrictions are set to lifted, how do people feel about going back to the office

Biden backs bumper economic stimulus bill - with big caveat

The president says he will only sign it if Democrats can pass a separate, far bigger budget bill.

Covid: Balearics and Malta added to UK's green travel list

Travellers entering the UK from 16 places will not have to quarantine from 04:00 BST on 30 June.

Poundland says 10% of its products are not a pound

One in ten Poundland products no longer a pound, the discount retailer says.

U-turn over Premium Bond prizes paid by cheque

NS&I scraps plans that would have seen an end to prizes being posted to winners.

Canada Goose to end the use of all fur on coats

The Humane Society calls the decision a "momentous step in the demise of cruel fur fashion".

Citi bank boss says staff work better in the office

James Bardrick says most UK staff at bank Citi will work from the office three days a week.

EE to reintroduce Europe roaming charges in January

The mobile operator EE is to charge new customers to use their phones in Europe.

Bank of England shrugs off inflation fears

Bank policymakers keep rates steady despite concerns of an inflation surge in the wake of the pandemic.

Anti-obesity drive: Junk food TV adverts to be banned before 9pm

Ministers say children must cut down on products high in fat, salt and sugar, amid rising obesity.

Cathay Pacific crew told to get vaccine or risk losing job

The airline says crew must get the Covid vaccination by 31 August or it will review "future employment".

Wednesday, June 23, 2021

Malaysian casino giant Genting makes $4.3bn bet on Las Vegas

The opening in the US gambling capital comes as the tourism industry has been hit by the pandemic.

Covid: UK's foreign travel traffic light lists due to be reviewed

Travel bosses want more countries on the green list, as the government prepares for its three-week update.

How fashion designers flipped to athleisure during Covid

Couture fashion houses had to rethink their clothes to survive the pandemic but the switch may last.

London Capital saga: MPs want change of culture at FCA

The regulator must change quickly after failures in the London Capital and Finance saga, MPs say.

CEO Secrets: 'My billion-pound company has no office'

How Britain's youngest billionaire works differently - setting his firm up to thrive in lockdown.

US tycoon McAfee found dead in Spanish prison

The anti-virus creator is found dead in a Spanish prison cell after a court allows his extradition on tax evasion charges.

Investor Warren Buffett gives away $4.1bn more to charity

The 90-year-old billionaire investor has pledged to give away all of his Berkshire Hathaway shares.

Travel industry protests against Covid restrictions

Airline and travel firms want more help from the government amid tight rules on international travel.

Lego plans to sell bricks from recycled bottles in two years

Firm says challenge is to make more environmentally friendly bricks strong enough to build Hogwarts.

Inflation fears grow as UK factory prices surge

Cost pressures on UK firms see a record rise, suggesting that consumer prices may follow suit.

Lloyds to close another 44 bank branches

The latest announcement means 100 Lloyds and Halifax branches will close this year.

Firms reassured over post-Covid debts

The government says it will take a "cautious approach" to firms that owe it money after the pandemic.

Leasehold firms agree changes after watchdog investigation

Persimmon and Aviva commit to change in light of competition watchdog investigation into leaseholds.

Festivals face devastating consequences without insurance scheme, MPs warn

MPs on the Public Accounts Committee call on the government to provide cancellation insurance.

Tuesday, June 22, 2021

Wall Street giant Morgan Stanley to bar unvaccinated staff

Last week, Morgan Stanley's chief executive told workers 'if you can eat out, you can go to the office'.

Streaming TV giants face tighter UK regulation

The government says there's an "inconsistent, ad-hoc and potentially harmful gap in regulation".

New Alan Turing £50 note enters circulation

The old £50 and £20 banknotes will be withdrawn by October next year, the Bank of England says.

Climate change: Set target to cut car use, minister told

Shifting to electric vehicles will still leave the UK with transport problems, a report says.

The trainer boss who even has a pair for funerals

Richard Johnson of Foot Locker has a pair of trainers for every occasion - even weddings and funerals.

What is different about the new £50 bank note?

A behind-the-scenes look inside a high-security banknote printing plant.

How farmers and scientists are engineering your food

By manipulating genes scientists say they can create better-tasting produce, but is it necessary?

Millions become millionaires in Covid pandemic

Soaring stock markets and property prices help boost the wealth of the wealthy, research suggests.

Weetabix workers suspend strike action at Northamptonshire sites

Unite calls off strikes and says talks with management at the cereal manufacturer will continue.

Google investigated over 'dominance' in ad market

The investigation will look into all aspects of Google's involvement in the digital-advertising market.

Cardboard 'in people's garages causing shortage'

Packaging firm DS Smith is working with local councils to increase the amount of cardboard for recycling.

Aston Martin sues car dealer in cash wrangle

The luxury carmaker accuses a Swiss dealership of not handing over deposits for its £2.5m Valkyrie model.

Government borrowing eases in May

Despite a fall, borrowing was still the second-highest on record for May as Covid spending continues.

Monday, June 21, 2021

China tells banks to stop supporting cryptocurrency

The latest crackdown on cryptocurrency comes days after China stopped Bitcoin mining in Sichuan province.

Restaurant stops serving lunch due to lack of staff

The founder of a Michelin-star restaurant says he had to reduce opening hours to manage shortages.

‘Virtual beauty tests used to be gimmicky but now they are useful’

With stores closed the beauty industry has embraced augmented reality testing apps.

Bumble closes to give 'burnt-out' staff a week's break

A senior employee wrote on Twitter that the extra holiday was to deal with "collective burnout".

UK starts talks to join Asia-Pacific free trade pact

Membership would lower tariffs on exporting goods such as cars and whisky, the government says.

Wimbledon: Fans frustrated as Ticketmaster cancels tickets

Customers say they've lost out on tickets to the finals because the rules on credit cards weren't made clear.

Flexible ticket 'will only save me £7 a year' on my commute

New flexible train tickets are aimed at commuters doing few days in office - but first impressions are muted.

Gupta-owner Jaguar Land Rover supplier in talks with lenders

Liberty Aluminium Technologies employs 250 people across sites in Coventry, Witham and Kidderminster.

German watchdog probes Apple's market dominance

Facebook, Amazon and Google have all faced similar scrutiny from the Federal Cartel Office.

The FBI launches new mission to 'disrupt' cybercrime

$350m was paid out in cryptoransoms to hackers in 2020, according to analysts.

Hotel Chocolat pays £4 for beauty firm Rabot 1745

The confectioner pays less than its cheapest box of chocolates for full control of the joint venture.

Morrisons' share price soars 30% on takeover offer

The supermarket has rejected a proposal from a US private equity firm valuing the firm at £5.5bn.

Sunday, June 20, 2021

Apple Daily: HK pro-democracy paper could 'shut within days', says adviser

It comes after 500 officers raided the paper and froze HK$18m worth of assets linked to the company.

New season tickets go on sale for part-time commuters

Passengers who travel to work two or three days a week now have the option of a flexible monthly ticket.

Online shopping trend makes warehousing hot property

The logistics industry has been building at breakneck speed, but we still haven't reached "peak shed".

Post Office scandal: 'I just forgot how to laugh'

Anjana and Baljit Sethi ran two successful Post Office branches - then they fell victim to the Horizon scandal.

Can old traditions and tech help Singapore reach zero waste?

Singapore sees its traditional rag and bone collectors as key to its sustainability plans.

McDonald's to hire 20,000 staff and open 50 outlets

The burger giant's UK and Ireland boss tells the Sunday Telegraph it is becoming "harder to recruit".

Saturday, June 19, 2021

Shipping disruption: 'We're doing our best - but this is crippling'

Disruption in the shipping industry is creating a shortage of goods - and consumers face higher prices.

US private equity firm considers bid for Morrisons

Clayton, Dubilier & Rice has 28 days to formally bid for the UK's fourth-largest supermarket group.

Friday, June 18, 2021

How market research reveals what you really think

By sifting and analysing huge amounts of data, market researchers say they can find out what's on your mind.

Fake ads on Facebook spoil real life fairy story

A firm making wire fairy sculptures has been hit by scammers using adverts on the social media network.

Some furloughed workers do not want to return, Andrea Leadsom says

But the ex-business secretary says there is also a mental health issue, with some fearful of returning.

Coronavirus: Setback for EU in legal fight with AstraZeneca

But the drug-maker faces hefty fines if it fails to supply doses of Covid-19 vaccine over the summer.

Bloomsbury staff must be vaccinated before office return

The Harry Potter publisher will require all staff to be vaccinated before they return to offices.

MSC Cruises cancels passenger trips after overbooking

MSC Cruises had sold tickets for its trips assuming that Covid restrictions would be lifted on the 21 June.

Retail sales fall in May as shoppers dine out

The reopening of hospitality firms saw food sales drop, but people spent money on outdoor furniture.

Thursday, June 17, 2021

TikTok owner ByteDance sees its earnings double in 2020

China's biggest technology companies have been coming under increasing scrutiny both at home and abroad.

Pornhub videos: Women sue, alleging lack of consent

More than 30 women say private or non-consensual videos of them were uploaded to the site.

US Supreme Court blocks child slavery lawsuit against chocolate firms

In their lawsuit, a group of men say they were forced to work on cocoa firms in Ivory Coast.

Food and drink exports to EU 'almost halve' in first quarter

The pandemic and Brexit hit exports in the first three months of the year, says the Food and Drink Federation.

Music fans still holding tickets to thousands of postponed shows

The latest four-week delay to unlocking restrictions has pushed an additional 5,000 gigs into doubt.

Why the cruise industry is still navigating choppy waters

The global cruise line industry is hoping to now recover from the pandemic, but problems remain.

Brewdog boss sorry for staff 'pain' as pledges review

James Watt has promised an independent review of the beer company after fierce criticism from ex-staff.

Meat sector warns of Brexit production squeeze

UK faces shortage of home-reared chickens as EU workers stay away, says trade group.

Victoria's Secret swaps Angels for different faces

Lingerie firm hopes partnerships with the likes of football star Megan Rapinoe will revamp the brand.

Covid: Employers can put self-isolating staff on furlough

The Treasury was "reluctant" to say the scheme could be used this way, emails from a civil servant suggest.

‘My firm was taken to court over unpaid rent'

Many firms face county court judgements for unpaid rent despite the moratorium on commercial evictions.

Cryptoassets: Fears that investors are taking too many risks

A shrinking proportion of buyers see it as a gamble, but the regulator warns they could lose the lot.

UK and US announce deal after Boeing-Airbus truce

The agreement means tariffs on goods, such as Scotch whisky, will remain suspended for five years.

Halfords faces 'acute' bike supply challenges amid Covid disruption

The retailer says sales have surged amid travel restrictions but lockdowns have hampered manufacturers.

Chinese ride-hailing giant Didi faces probe ahead of market debut, says report

A watchdog is reported to be investigating whether Didi has been unfairly squeezing out smaller rivals.

Wednesday, June 16, 2021

Several airlines and banks hit by online outage

Multiple airlines and Australian banks suffer an online outage with websites and apps unavailable.

World Bank rejects El Salvador request for Bitcoin help

This month the country announced plans to become the first nation to make the cryptocurrency legal tender.

Travel industry anger as Germans flock to Majorca

The bosses of two travel firms say the Balearic islands should be on the green list for safe travel.

'I'll work 100-hour weeks to clear our Covid debt'

Businesses have run up an "unprecedented" amount of debt in the pandemic, say industry groups.

Botswana diamond could be world's third largest

The "rare and extraordinary" gem weighs 1,098 carats and was unveiled by diamond firm, Debswana.

CEO Secrets: 'I started my firm for under £500 as a bet'

Snack boss Nick Coleman started his firm for under £500 as a bet. It now turns over £6m a year.

Ryanair and Manchester Airport launch travel legal challenge

There is anger in the travel sector over how the government has made decisions about the green list.

Federal Reserve warns US economy path depends on virus

The US central bank brought forward its projection for an interest rate hike into 2023 on Wednesday.

Lina Khan: The 32-year-old taking on Big Tech

The new Federal Trade Commission chair has Big Tech in her sights.

Eviction ban on firms behind on rent is extended by nine months

The government's ban on landlords evicting companies in rent debt will now end in March 2022

'Mediocre' male managers are stopping women's rise

A survey of women in finance finds men are progressing because they are better at office politics.

John Lewis boss says young staff lack basic numeracy skills

Chairwoman Dame Sharon White says that new recruits' literacy and numeracy are weak.

Goldman Sachs delays return to office for workers

The investment bank, along with NatWest, is reviewing plans for staff to come back to the office.

Funeral firms ordered to make prices clearer

The Competition and Markets Authority says funeral directors and crematoriums could risk court action.

Shops recall pet food linked to rare cat disease

Dry pet food from Sainsbury's, Pets at Home and other brands recalled after rise in fatal cat disease.

Covid: Cash and card use dived in lockdown, says report

Most payments by consumers are spontaneous but options were limited by the Covid crisis., say banks.

Made.com targets £775.3m valuation in London float

The online furniture firm, founded more than a decade ago with £2.5m, is set to sell shares.

GB News: Piers Morgan attacks Ikea for pulling advertising from news channel

The Swedish giant is among a number of companies who are pausing adverts on the new news channel.

UK inflation jumps to 2.1% in May as clothes and fuel prices rise

The rising cost of clothes, fuel and eating out pushes consumer prices above the Bank of England's 2% target.

Tuesday, June 15, 2021

Airbnb reportedly pays tourist $7m after rape

According to reports in Bloomberg, the company paid an Australian traveller after a 2016 attack.

UK could be left behind in the electric car race, warns report

The UK might soon be reliant on electric vehicles imported from abroad, warns an influential group.

'I never dreamed I was entitled to benefits'

Older people facing poverty are urged to claim Pension Credit - a gateway to further financial help.

'People didn't believe my CV', says board director

Women still face difficulties getting onto boards at smaller firms, according to research.

Gigafactories: Europe tools up against US and Asia as a car battery force

As demand for electric cars grows, giant battery factories are being built across Europe.

Alibaba's Jack Ma is 'lying low', says co-founder

Alibaba's co-founder and executive chairman says Jack Ma is focusing on hobbies and philanthropy.

Billionaire Mackenzie Scott gives away another £2bn

The Amazon founder's ex-wife said she chose 286 teams 'empowering voices the world needs to hear'.

'If you can eat out, you can go to the office', says bank boss

Morgan Stanley's chief executive said New York-based employees should be ready to return to the workplace.

Boeing-Airbus trade row set to end after 17 years

The agreement, after 17 years, means taxes on $11.5bn of goods will be removed for five years.

Web founder Berners-Lee to auction source code as NFT

Sir Tim Berners-Lee, creator of the web, is auctioning off a digital certificate for his code.

Boohoo boosted by demand for summer clothing

The fashion chain sees sales growth continue and takes further steps to improve scrutiny of suppliers.

Ikea France fined €1m for snooping on staff

The ex-CEO of Ikea France gets a suspended term, as private detectives and police spied on staff.

UK jobs market 'showing signs of recovery'

The unemployment rate falls again while the number of job vacancies is rising, official figures show.

Monday, June 14, 2021

Travel insurers criticised over extent of Covid cover

Travel insurance offering "complete" cover for Covid-related disruption is barely available, says Which?.

Tech firms use remote monitoring to help honey bees

From Ireland to Israel, companies are coming to the aid of the environmentally critical insect.

UK and Australia agree broad terms of trade deal

Broad terms of UK-Australia trade deal agreed, BBC understands, with formal announcement expected on Tuesday

We're in serious trouble, says hospitality industry

One nightclub owner has been closed since March last year and now has to cancel a full diary of events planned over the next few weeks.

JD Sports chairman rejects criticism of £4.3m bonus

Peter Cowgill tells the BBC that the "lion's share" of the pay award related to work done pre-January 2019.

Grenfell Tower: Survivor warns lives are still in danger

On the fourth anniversary of the Grenfell Tower fire, a former resident fears another disaster will happen.

Vodafone picks Samsung for 5G network

South Korean firm's contract win called a market "breakthrough" by one analyst.

Delaying lockdown easing will have 'critical impact' on business

Plans to keep Covid rules in place for an extra month will hurt clubs and restaurants, say trade groups.

Serco in new boost to profits from coronavirus services

Outsourcer says profits will outperform amid high continuing demand for coronavirus services.

Carlos Ghosn: US father and son admit role in Nissan chief's escape

Michael and Peter Taylor are accused of helping ex-Nissan boos Carlos Ghosn escape Japan in 2019.

Sunday, June 13, 2021

1MDB: Jho Low faces new charges in scheme involving Trump

They are accused of running a back-channel campaign to get Mr Trump's government to drop a case.

Covid: Boris Johnson to announce whether 21 June easing to go ahead

Many scientists have said it should be delayed amid rising cases but businesses say this would cost jobs.

Renting now cheaper than buying a home, Hamptons says

There are only four regions in the UK where it is cheaper to buy a home than to rent a property.

Covid: Cardiff Airport saw biggest drop in passengers in UK

It had a further blow after Aer Lingus' operators Stobart Air went into liquidation on Friday.

JD Sports faces investor backlash over boss's bonus

Peter Cowgill was awarded £4.3m despite the retailer accepting Covid support from the government.

Saturday, June 12, 2021

Disruption to shipping could delay Christmas orders

Global transport of goods has suffered blockages, delays and bottlenecks and won't be resolved quickly.

'We'll lose thousands if wedding rules don't change'

Rules on weddings were to be relaxed on 21 June, but a rise in Covid cases could ruin 'the big day'.

Stobart Air: Aer Lingus stops most Belfast City Airport flights

Leeds Bradford, Edinburgh, Exeter, Manchester, East Midlands and Birmingham flights are affected by Stobart Air's liquidation.

Friday, June 11, 2021

Can mining save Cornwall's economy?

As world leaders gather there for the G7 meeting, one of the UK's poorest regions is at a crossroads.

From garden chairs to boxes: Five items in short supply

A combination of Covid, Brexit and the Suez Canal delays threaten to disrupt supplies this summer.

McDonald's hit by data breach in Taiwan and South Korea

The chain is the latest to be targeted by cyber criminals after attacks on Colonial Pipeline and JBS.

UK space race investment 'is heating up'

The public will be able to invest in a portfolio of space firms including SpaceX and Blue Origin.

Providing jobs for young people in Brazil

How Brazil's "Favela LinkedIn" and "Street Presidents" schemes are providing jobs for young people.

Bid to use criminal cash to refund scam victims

A survey suggests such a move would be popular, but the money available would be insufficient.

Thursday, June 10, 2021

UK economy grew 2.3% in April

UK economic growth was 2.3% in April as coronavirus restrictions eased.

The mystery of the UK's missing workers

Why are many firms reporting staff shortages when so many people are still unemployed?

Brewdog boss vows to learn after 'toxic culture' criticism

James Watt tells the BBC he will use "culture of fear" criticism to become a better boss of the beer company.

Fashion labels falling short on use of recycled materials - report

Boohoo, Missguided and Asos named in critical report on the use of polyester, acrylic, nylon in clothing.

'Looking for work is almost an impossible task'

Jobless young people in Brazil share their experiences of looking for work in the Covid pandemic.

'I can speak freely and use swear words as I see fit'

The rise of email "newsletter" providers that allow writers to directly connect with readers.

EA hacked and source code stolen

Game data and source code were both stolen by hackers, but no player data, EA said in a statement

Starbucks faces drinks ingredients shortage in US

The company confirmed there are “temporary supply shortages” affecting coffee shops in multiple states.

Goldman bankers ordered to report vaccine status before office return

In a memo seen by the BBC, the investment bank said it understood the choice to be vaccinated was "personal".

Morrisons boss suffers huge revolt over £1.7m bonus

More than 70% of shareholders in the supermarket reject a plan to give David Potts a bonus up to £1.7m.

BA puts thousands of staff back on furlough

The airline blames the move on delays to the restart of international travel.

Oatly sues UK oat milk maker over trademark

Oatly takes Cambridgeshire's Glebe Family Farm to court in a bid to stop it selling the PureOaty drink.

G7 tax deal: What is it and are Amazon and Facebook included?

A deal has been agreed by the world's richest nations to tax global companies more.

Used car prices drive US prices higher in May

US consumer prices spiked last month, with inflation jumping to 5% for the 12 months ending in May.

Facebook remote working plan extended to all staff for long term

Chief executive Mark Zuckerberg says working remotely has made him happier and more productive.

US overtakes UK as hardest hit by Covid deaths in G7

UK pandemic deaths are the second worst of the seven big Western economies, an analysis for the BBC says.

Ex-Brewdog staff allege 'culture of fear' at brewer

Former employees allege "cult of personality" in firm and claim "toxic attitude" to junior staff.

UK economy lags behind other countries in Covid recovery

The G20 major economies grow slightly compared with pre-pandemic levels, but UK trails behind.

Hornby sales jump as UK turns to hobbies in lockdown

The model railway firm sees a 28% sales boost during the pandemic as Scalextric and Corgi sales rise.

France's second biggest telecoms firm buys 12% of BT

Altice has bought a 12% stake in BT but says it does not intend to make a takeover offer.

Wednesday, June 9, 2021

Meat giant JBS pays $11m in ransom to resolve cyber-attack

Hackers disrupted operations in several markets at the world's largest meat processing company.

Government ‘dragging feet’ on China forced labour

The government has been accused of rejecting MPs’ recommendations to punish UK firms implicated in forced labour in China.

Travellers at mercy of rogue testing firms, says Which?

Consumer group Which? says private testing firms are quoting misleading prices and lack regulatory oversight.

Hospitality workers priced out of UK tourism hotspots

Workers are finding accommodation scarce as landlords cash in on the UK holiday boom.

Coronavirus: Industry dismisses US-UK moves to reopen travel

President Joe Biden and Prime Minister Boris Johnson agree to set up a taskforce to ease restrictions.

Donald Trump-era ban on TikTok dropped by Joe Biden

The delayed ban on TikTok and WeChat will now not happen - instead apps from China will face reviews.

Shell promises to accelerate shift to low carbon

The oil giant says it will "rise to the challenge" of lowering emissions after a recent court ruling.

Covid: What do we know about global youth unemployment?

Young people have suffered from the economic consequences of Covid.

Driver sacked for drinking in club while sick wins tribunal

A driver did not break company rules by going to a social club while off work, a tribunal finds.

US Senate passes sweeping bill to counter China tech reach

The historic $250bn bill saw divided parties unite to compete with China's technological ambitions.

BA and Ryanair investigated for refusing refunds

A watchdog is investigating whether the airlines broke the law in not offering Covid refunds.

Tuesday, June 8, 2021

Halogen lightbulb sales to be banned in UK under climate change plans

The ban this year would help to cut 1.26 million tonnes of carbon emissions a year, the government says.

The young people fighting to save their careers

From Crawley to Cadiz, young people are fighting for their careers as the covid pandemic continues.

Furloughed part-timers 'clinging on to disappearing jobs'

Part-time workers are at greater risk of losing their jobs when furlough ends in September, research suggests.

Calls for more 'pop-up' campsites as demand surges

Regulations should be relaxed to allow more temporary campsites this summer, say campaigners.

Young Thai workers race to reopen deserted beaches

Workers in Thailand's Covid-hit tourism industry talk about their hopes and fears for the future.

E-bike sales boom despite high prices and confusing rules

Electric bike sales are soaring, despite high prices and confusing rules over their speed and power.

Tax details of US super-rich allegedly leaked

US authorities investigate after website claims documents show how billionaires pay minimal or no income tax.

Travel: US eases travel rules for 61 countries - but not UK

The US public health agency has lowered 61 countries to Level 3, including Japan and France.

Colonial Pipeline boss 'deeply sorry' for cyber attack

Joseph Blount said the decision to pay hackers a $4.4m (£3.1m) ransom was the toughest in his career.

Biden strike force to target 'unfair' trade

The US announced plans to target "unfair foreign trade practices", which it says have damaged supply chains.

Banks tested on climate crisis risks

Britain’s banks and insurers are to be tested on how well-prepared they are for climate change emergencies.

Covid-19: Less than a quarter of pubs confident of surviving three months

Official figures show pub owners' level of confident almost half that other other businesses.

Home movers dominate mortgage borrowing

A record proportion of mortgage lending was made to home movers during a surge in the UK housing market.

Brexit: Lorry driver shortage could mean higher prices in shops

Hauliers warn of price rises or empty shelves in shops if the "dire" lorry driver shortage continues.

Brexit: EU warns UK over Irish Sea border goods checks

Maros Sefcovic says the EU will react if the UK takes more unilateral action to delay inspections.

Covid: Pubs and restaurants ask for deposits to avoid 'no-shows'

No-shows are a scourge of the hospitality industry, but proprietors are fighting back.

Monday, June 7, 2021

What's happening with foreign travel?

The BBC looks at the factors involved in order to get international travel going again.

Donald Trump calls Bitcoin 'a scam against the dollar'

The controversial former US president thinks the cryptocurrency is a threat to the US dollar.

Workers watchdog launched to clamp down on abuse

The new body will enforce the minimum wage, tackle modern slavery and protect agency workers.

'Five-day office week will become the norm again'

Traditional working patterns could return within two years, a think tank tells the BBC.

The fight to find work: ‘I’ve applied for 200 jobs’

The number of entry-level jobs and internships available is improving in the US - but competition is fierce.

Colonial Pipeline: US recovers most of ransom, justice department says

The US Department of Justice says it has seized most of the $4.4m (£3.1m) paid to cyber-criminals.

The New York farm helping young people into work

As the US looks to bounce back from the pandemic initiatives are targeting the most at risk of being left behind.

'My foggy glasses solution helped me through Covid'

Alex Wickens explains how a business idea during the pandemic restored his hopes for the future.

Economy faces 'long Covid' if debts not tackled

Bosses from trade body industries have called for an extension to the current commercial rent moratorium.

Airline bosses demand UK-US travel corridor

Ahead of the G7 meeting in Cornwall, aviation bosses want trans-Atlantic travel routes reopened.

Google fined €220m in France over advertising abuse

Technology giant Google was fined by France's competition watchdog for abusing its market position.

Apple employees rally against office working plan

Staff are pushing back against Tim Cook's declaration that most working days need to be at the office.

Klarna insists buy-now-pay-later is better than costly credit cards

The buy-now-pay-later company claims its products stop people getting into steep debt.

House prices jump 9.5% as buyers seek larger homes, Halifax says

Halifax said prices were boosted by the government's stamp duty holiday, which ends this month.

IWG: Flexible office firm warns of sharp profits drop

IWG said income will be 'well below' the previous year as new Covid variants hit demand.

Sunday, June 6, 2021

Stay-at-home holidaymakers warned of summer essentials shortage

UK importers say they are still waiting on goods stuck on container ships in other parts of the world.

'Clothes are torn, worn out - I can't find work gloves'

How supply chains can be strengthened to protect against shocks and shortages in the future.

Street markets: Can councils get redevelopment right?

How the contribution markets make to communities risks being ignored in urban regeneration schemes.

How to protect birds and bats from wind turbines

As wind farm numbers explode researchers are coming up with more ways to keep wildlife safe.

Saturday, June 5, 2021

G7: Rich nations back deal to tax multinationals

G7 finance ministers have agreed to work together to create a "level playing field" on global taxation.

Friday, June 4, 2021

G7: Rich nations confident on reaching tech tax deal

German finance minister Olaf Scholz says a minimum tax deal would "change the world".

United plans supersonic passenger flights by 2029

The US airline has ordered 15 supersonic passenger jets which could cut travel times in half.

Facebook suspends Trump accounts for two years

Facebook's oversight board previously criticised the firm's decision to ban Donald Trump indefinitely.

US economy adds fewer jobs than forecast despite reopening

US employers added 559,000 jobs in May as restrictions eased, although the numbers were weaker than expected.

Some Portugal passengers still plan to travel despite rule change

Half of Tui passengers are going ahead with travel to Portugal, despite it being moved to the amber list.

Brexit: UK announces trade deal with Norway, Iceland and Liechtenstein

Liechtenstein - another non-EU country - is also included in the post-Brexit deal.

Facebook probed by UK and EU watchdogs over data breach

Authorities in the UK and EU are concerned the firm is using ad data to gain an unfair advantage over rivals.

Google diversity head removed over anti-Semitic blog post

Kamau Bobb wrote in a now-deleted 2007 blog post that Jews had an "insatiable appetite for war".

Thursday, June 3, 2021

UN says cost of food at highest level in over a decade

Soaring food prices are likely to fuel concerns about the threat of inflation after the pandemic.

Millions struggle to pay broadband bills in UK

Citizens Advice says that about 2.5 million people are believed to be behind with payments.

Twitter Blue subscription service launches in Australia and Canada

Australia and Canada are the first two countries to get access to the enhanced Twitter product.

Mezcal producers hope to toast brighter future

Makers of the Mexican spirit mezcal have had a tough lockdown, but hope to see sales rise again.

Job vacancies soar as skills shortage bites - KPMG

Hospitality and tech are the two sectors most lacking workers in May, a report suggests

Sunak ‘confident’ of reaching tech tax agreement

The US has delayed imposing tariffs on some global imports in retaliation for taxes on tech firms

Biden expands US investment ban on Chinese firms

President Biden bars 59 firms with alleged China military ties from US investment.

GMB: Union elects Gary Smith as general secretary

The union's Scotland Secretary Gary Smith won just over half the votes in a members' ballot.

AMC cinema chain issues warning to small investors

Issuing a new share sale, the firm warned investors could lose their money if they bought at current prices.

B&M discount chain doubles its annual profits

The retailer reports group pre-tax profits of £525.4m, thanks to strong trading during lockdowns.

Portugal travel likely to face tougher rules, BBC understands.

The BBC also understands there will be tougher rules on travel to Portugal in an announcement later.

Apple wants staff back in offices by September

The tech giant says staff will be required to work at least three-days a week at their desks.

Tesco staff win legal argument in equal pay fight

The European Court of Justice rules that an EU law can be relied on in making equal pay claims.

Indoor dining boost drowned out by record May rain

Footfall on UK High Streets and shopping centres was "muted" despite indoor hospitality reopening.

Wednesday, June 2, 2021

Working from home: Call to ban out-of-hours emails from bosses

The UK government is urged to bring in a French-style law giving workers "the right to disconnect".

JBS: FBI says Russia-linked group hacked meat supplier

The White House says President Biden will bring up cyber-attacks when he meets Russia's President Putin.

China accuses Western firms over 'harmful' kids' goods

A warning notice on the country's customs administration website included Nike, H&M and Zara.

Petrol prices at highest in two years, says RAC

Fuel prices are climbing as economies reopen and energy prices soar.

Amazon beefs up Covid testing capabilities

The online giant may use this as a further opportunity to get into the health sector, analysts say.

AMC cinema shares surge in 'frantic' trading

The volume of shares being bought in the company triggered halts in trading on the New York Stock Exchange.

US delays tariffs in 'tech tax' row

Extra US tariffs on UK and other goods are delayed as international tax talks continue.

Pension scandal: 'I've lost 14 years of payments'

Tens of thousands of elderly female pensioners are set to miss out on life changing payments.

Tesla failed to stop Musk tweets, says regulator

A court order requires the automotive giant's lawyers to pre-approve some of the CEO's tweets.

Amazon warehouse injuries '80% higher' than competitors, report claims

A union-led group says Amazon's injury rate is twice that of its closest competitor.

Etsy snaps up Gen-Z focussed shopping app Depop for $1.6bn

The second-hand clothing app Depop has unique items and the potential to scale up, the boss of Etsy says.

Ex-reality TV stars' 'misleading' debt ads banned

Stars from Only Way is Essex and Geordie Shore have Instagram debt adverts banned by the regulator.

Wetherspoons boss denies facing shortage of EU workers

Pro-Leave boss Tim Martin says reports he wants a more "liberal" visa scheme for EU workers taken out of context.

UK begins process to join Asia-Pacific trade bloc

The 11-member Trans-Pacific Partnership trade bloc agrees to open accession talks with the UK.

Bloomsbury sees record profits as lockdown book sales surge

Harry Potter publisher Bloomsbury reports record profits after people turned to reading in the pandemic.

Tuesday, June 1, 2021

Covid: Australia economy climbs back to pre-pandemic size

The country's rapid recovery has been driven by booming commodity prices and domestic spending.

Huawei operating system coming to smartphones in Asia

The system was developed after a trade ban blocked smartphones from working fully with Google's Android.

Alaska: Biden to suspend Trump Arctic drilling leases

The president will suspend oil and gas leases in Alaska's Arctic National Wildlife Refuge.

JBS: World's largest meat supplier hit by cyber-attack

The ransomware attack may mean delays for some customers in the US, Canada and Australia, the firm says.

CEO Secrets: 'Have a Plan B in case things don't work out'

Make a contingency plan for your business at the start, says teeth-whitening boss Natalie Quail.

Why electric cars will take over sooner than you think

The BBC's Justin Rowlatt explains why we are accelerating towards an electric car future.

Why house prices are rising so fast in a pandemic

House prices are increasing at their fastest rate for more than a decade. These graphics explain why.

Retail prices set to rise this autumn, says BRC

Consumers face rising bills in the autumn as costs climb and Brexit red tape increases

Delay removing dangerous cladding ‘soul destroying’

The government will miss a June deadline to complete applications for £5bn of funding to remove cladding.

Zoom sales race ahead despite workplaces reopening

The video platform said sales nearly doubled between the first quarter of 2020 and 2021.

US Supreme Court rejects J&J talc cancer case appeal

The court declines to hear an appeal over a $2.1bn (£1.5bn) damages award.

Eurozone inflation up sharply as economies reopen

Inflation hit 2% in May as Covid restrictions were scaled back and energy prices climbed.

eBay sellers can no longer use PayPal under new terms

Some sellers are unhappy with the changes that put payments straight into bank accounts.

UK manufacturing growth at 30-year high, says PMI survey

The easing of lockdown rules unleashes pent-up demand, but some suppliers are struggling to keep up.

Amigo faces collapse after failed bid to cap payouts

Compensation payments to customers remain halted while the sub-prime lender considers its options.

House prices jump 10.9% as 'race for space' intensifies

Prices in the year to May were the strongest for seven years as buyers seek gardens and more space, Nationwide says.