Nationwide customers hit by payment glitch

Customers were left questioning why their wages had failed to appear in their account on Friday.

Covid: Cathay Pacific flights cut after Hong Kong clampdown

The announcement comes after the city tightened its coronavirus quarantine regulations for aircrew.

Tesla to recall 475,000 cars in the US

The number of cars being recalled is nearly equivalent to the firm's global deliveries last year.

Santander: Bank hands out £130m in Christmas blunder

The error meant around 75,000 people woke up on Christmas morning to a surprise payment from Santander.

Average house price hits record high of £255,000

Typical prices leap almost £24,000 since January, making the strongest year since 2006, Nationwide says.

China ride-hailing giant Didi sees losses deepen after crackdown

This month the company announced that it would move its share listing from New York to Hong Kong.

New home and car insurance rules mean change in prices

Anyone renewing their policy will pay no more than they would as a new customer from 1 January.

Elon Musk rejects claims that his satellites are hogging space

His comments come after China complained to the United Nations about his internet satellite project.

Sofology: We spent our Christmas on deckchairs

Customers of the furniture chain say they have been left without orders and in the dark.

Apple puts Indian iPhone factory 'on probation'

Hundreds of staff at Foxconn in Sriperumbudur were reportedly hit by food poisoning.

TikTok moderator sues over 'psychological trauma'

Candie Frazier says her mental health suffered after watching "extreme and graphic" video content.

Adnams brewery boss says sector lost 50% of Christmas trade

Dark months are ahead for the hospitality industry, the chief executive of Adnams says.

UK cost of living squeeze in 2022, says think tank

The Resolution Foundation says households face a £1,200 hit due to higher taxes and energy bills.

Boeing 737 Max: Indonesia lifts ban after 2018 Lion Air crash

The announcement came just a day after Ethiopian Airlines said it would resume 737 Max flights.

Vinyl sales soared again in 2021, thanks to Abba

The pop icons' surprise return helped UK vinyl sales top five million for the first time since 1990.

Riot Games to pay $100m in discrimination case

The League of Legends maker agrees to settle a 2018 gender discrimination class-action lawsuit

How invisible barcodes could increase plastic recycling

A pan-industry scheme is testing invisible barcodes on plastic packaging to boost recycling rates.

The African nation aiming to be a hydrogen superpower

Namibia wants to use its abundance of sunshine and wind power to make and export hydrogen.

UK air travel sees huge slump in 2021 due to Covid

International flights to and from the UK fell to just 400,000 this year, says analytics firm Cirium.

Covid: Welsh pubs and bars hit 'far worse' than in England

Pubs and bars fear tougher Covid rules in Wales will see New Year's Eve custom cross the border.

Covid: Enjoy new year but be cautious, care minister says

People should take a rapid test before going out for new year's eve, Gillian Keegan says.

No new Covid curbs hailed as "lifeline" for pubs

The hospitality sector welcomes the decision, saying it can now trade for its "survival" this weekend

Elon Musk criticised after China space complaint to UN

The SpaceX boss was attacked on Chinese social media after the complaint was made public.

Shoppers shun Christmas sales as footfall drops amid Covid fears

New data reveals a 37.2% decline in footfall compared with 2019, with central London badly affected.

Energy prices: Government must show more urgency, says Ovo boss

Stephen Fitzpatrick predicts an "enormous crisis" in 2022 unless the government helps consumers.

Airlines around the world cancel flights

More than 1,300 flights are scrapped on Monday, capping off a tough festive period for travellers.

Spider-Man: No Way Home becomes first pandemic-era film to top $1bn

It beat Chinese Korean War epic The Battle of Lake Changjin to be the highest grossing film of 2021.

Business Review of 2021: Climate change and Covid

2021 saw countries grapple with climate change's economic challenges, and Covid's continuing impact.

Covid: Travel misery for tens of thousands as flights are cancelled

Chinese and US airlines are hardest hit amid a surge in Covid cases in many countries.

How this clip restored one man's dream of being a pilot

The story behind a face mask clip that restored a young man's dream of being a pilot.

Trump Scottish golf resorts claimed over £3m in furlough

Accounts reveal the former US president's two golf courses in Scotland made financial losses last year.

Shoppers avoid city centres on Christmas Eve, figures suggest

The number of visitors to city centre High Streets is down, with inner London taking a big hit.

Tesla disables gaming while driving feature

It follows an inquiry into Passenger Play, which allowed games to be played while a car was moving.

CrossCountry: Strike action affects Christmas Eve train journeys

Train operator CrossCountry says it has cancelled many services on Friday.

Selfridges sold for £4bn to Thai-Austrian alliance

The British luxury store chain is being bought by Thailand's Central Group and Signa Group of Austria.

Cities start to attract property buyers again

Data suggests that demand for flats is reviving after the race for space during the pandemic.

Covid: £10m Bounce Back Loan fraudsters jailed

Two men are jailed for a total of 33 years for laundering £70m, of which £10m came from Covid loans.

Scotland's nightclubs to close for three weeks from 27 December

It follows new restrictions being put on public events and venues earlier this week due to concern over Omicron.

Christmas travel in full swing despite disruption

Almost half of Britons are to travel to visit loved ones, but caution about Omicron is widespread.

Intel apologises to China over supplier advice

The US technology firm says sorry after it urged firms not to source products from Xinjiang.

Energy bills to soar 50% unless government intervenes, industry warns

Households face another sharp rise unless the government intervenes to ease the impact of gas prices.

Sri Lanka plans to pay off Iran oil debt with tea

The country says it hopes to send Iran $5m worth of tea each month to clear its debt.

CrossCountry: Strike action set to disrupt Christmas Eve trains

A union says members voted to strike as they felt the role of guards was being undermined.

Isolation rule change will mean fewer rail cancellations, says industry

Shorter Covid self-isolation in England should mean fewer cancelled trains, says the Rail Delivery Group.

UK economic growth slower than first thought before Omicron hit

Official figures for growth before Omicron impact are revised down on weaker consumer spending.

Housebuilder Taylor Wimpey axes ground rent rises

Thousands of leaseholders who bought its homes will no longer see ground rents double every 10 years.

Zee announces merger with Sony to create India's second largest entertainment network

Zee and Sony announced they will merge their television channels, film assets and streaming platforms.

OnlyFans founder is making way for firm's marketing chief

The founder of the content subscription site is stepping aside to focus on new endeavours.

Covid passports: Club owner's mum gives out lateral flow tests all night

Rich Gilbert says 30% of people arriving at his nightclub didn't know they needed a Covid passport.

Nationwide customers hit by payment delays

Problems with inbound and outgoing payments mean some people face issues receiving their wages.

Mixed reaction to latest Covid package for firms

Hospitality firms welcome new support grants to deal with Omicron, but others feel overlooked.

Hundreds of trains cancelled as Covid hits railways

Christmas journeys are at risk as train operators prepare for more disruption.

Covid: Chancellor announces £1bn fund for hospitality

It comes as pubs and restaurants struggle with reduced footfall and cancellations amid Covid fears.

Covid: Sick pay rebate scheme is reopened for businesses

Small and medium-sized businesses can claim back money spent on sick pay for Covid-hit employees.

Turkish lira in comeback after new plan unveiled

The lira sees strong gains for the second day running in response to moves to strengthen the currency.

Boeing and Airbus warn US over 5G safety concerns

The world's two biggest plane makers say the technology could have a negative impact on the aviation industry.

UK Supreme Court denies Maduro claim to Venezuelan gold

The ruling means only opposition leader Juan Guaidó can access Venezuelan gold reserves in the UK.

Government borrowing falls in November

Borrowing fell last month, but was still the second-highest number on record for November.

Viya: Top Chinese live-streamer fined $210m for tax evasion

Internet celebrity Huang Wei, known as Viya, is accused of hiding her personal income from officials.

Elon Musk says he'll be paying $11bn in tax this year

The Tesla founder and world's richest person has been involved in a public spat over his tax bill.

Fake Covid passes advertised for sale online

The BBC has found Facebook posts claiming to sell Covid vaccine passes for people who haven't been jabbed.

Davos business leaders' event postponed over Omicron

The World Economic Forum has been rescheduled for "early summer" due to the spread of Covid.

Hobnobs maker warns biscuit prices could soar

McVities, which also makes Jaffa Cakes and Penguins, is facing higher ingredient and labour costs.

Covid: Pubs and restaurants call for urgent help

Hospitality firms say action is needed "in the next 24 hours" as they struggle with the Omicron impact.

Evergrande: China's efforts to contain its Lehman moment

China is handling the crisis very differently to the way the US dealt with the Lehman collapse.

Liz Truss replaces Lord Frost in post-Brexit talks

The foreign secretary will become the UK's lead negotiator with the EU over the Northern Ireland Protocol.

Will Omicron stall the airline sector recovery in 2022?

The rise of a new variant risks delaying a long hoped for bounce back for global aviation.

Covid: Business alarmed at prospect of further restrictions

The health secretary refused to rule out further restrictions for England, as Omicron continues to spread.

BBC Bitcoin mining report used in crypto-scam

The BBC’s Silicon Valley correspondent investigates how his report was used to steal life savings.

Lord Frost resigns as Brexit minister

He says he hopes Boris Johnson will not be tempted by "coercive measures" to tackle Covid.

Travellers 'devastated' over French restrictions

Holidaymakers and hoteliers share the impact of travel rules set to come into force on Saturday.

Rail fares to rise at fastest pace for nine years

Regulated rail fares in England, which include season tickets, will rise by 3.8% in March.

HSBC fined £64m for anti-money laundering failings

The UK financial regulator says the fine was for "unacceptable" risks at the banking giant.

Money manager disappears with $313m from Chinese builder

China Fortune Land Development says it lost contact with a money manager in the British Virgin Islands.

US Congress passes import ban on Chinese Uyghur region

The bill overcame opposition from Coca-Cola, Nike and Apple and an initial lack of White House support.

The price of a Turkish breakfast staple has risen 40%

How the government's unorthodox approach to the economy is making everyday goods unaffordable

The apps ready to deal with our Christmas food leftovers

The amount of food that's still edible but ends up being binned soars over the holiday period.

Brexit: UK signs free trade deal with Australia

Ministers say it will unlock £10.4bn of trade, but UK farmers have concerns about being undercut.

M&S v Aldi round 2: First it was cake, now it's gin

The retailers are locked in a legal spat for the second time this year - this time over bottles of gin.

Covid: 'Three of us left' - Firms hit by sickness wave

Employers are feeling the impact of staff shortages as cases hit a new record.

'If you eat here, you're dining with rats'

Some New Yorkers are cooling on the craze for street-side restaurant sheds, due to noise and vermin.

A380: last of the superjumbos handed to new owner

The final A380 to leave Airbus' production line has been handed to its new owner. What does the future hold for the plane?

Federal Reserve to withdraw stimulus more quickly

The US central bank will reduce its stimulus more rapidly, and expects to raise interest rates next year.

Social care: Official advisers want immigration rules to be eased

The government's official migration advisers say the sector faces "severe" problems finding staff.

Motoring groups criticise cut in electric car subsidies

The government has further reduced the amount of subsidy for buying electric cars, this time from £2,500 to £1,500.

Banks to share premises amid mass branch closures

Independent assessors will decide what services are needed in a local area when a branch is closed.

Watchdog bans seven ads in crypto 'red alert'

Cryptocurrency ads by trading platforms, exchanges and a pizza chain broke rules, the ASA found.

How vending machines are making life better for Kenyans

By thinking small vending machine firms are delivering more affordable products for Kenyan shoppers.

Law student, 19, sues landlord and wins first case

Jack Simm sued his landlord after saying his accommodation was like a "building site".

Stagecoach and National Express agree to merge

The move comes after talks between the bus and coach rivals were first revealed in September.

Covid: 'I've had 3,200 bookings cancelled at my pubs'

Pubs and restaurants face a huge cashflow hit due to Plan B restrictions causing Christmas cancellations.

Miami is banking on cryptocurrency and New York wants in

MiamiCoin and NYCCoin are experiments designed to put these cities on the cryptocurrency map.

Online Safety Bill: New offences and tighter rules

The next stage of the landmark Online Safety Bill recommends major changes and tougher regulation.

How hologram tech may soon replace video calls

The coronavirus pandemic and travel bans have accelerated interest in holographic communication.

Amazon criticised over safety at tornado-hit warehouse

The firm said events happened quickly at the Illinois site and it was "deeply saddened" by the deaths.

Post Office scandal: Government to foot bill for postmasters' compensation

The Department for Business said that the impact on postmasters' lives "cannot be overstated".

Bank of England: UK resilient but Covid fears remain

The Bank of England's latest stability report says new variants could still have a big economic impact.

NatWest fined £265m over money-laundering failures

The state-backed bank had pleaded guilty to failing to prevent money-laundering of nearly £400m.

Half of UK families £110 a year worse off since 2019, report says

Study by the New Economics Foundation suggests the income gap has widened since the General Election.

Covid: Work-from-home guidance reintroduced in England

People should now work from home if they can to help curb the spread of Omicron, the government says.

And Just Like That: Peloton responds with parody ad after shares tumble

The exercise equipment maker released an online parody after scene that sent its shares tumbling.

Indian PM Modi's Twitter hacked with bitcoin tweet

The Indian prime minister's account had a message stating that bitcoin would be distributed to citizens.

Alibaba fires employee who accused boss of rape

The Chinese e-commerce firm has fired the woman, who went public with accusations in August.

How this country became Europe's cargo bike hub

In Germany, generous subsidies are leading to more sophisticated cargo bikes.

Royal Mail staff absences double levels of 2018

A source with close knowledge of the firm said there were widespread problems due to sickness and demand.

Businesses call on the government for more help

Firms are calling on the government for more support after Plan B Covid restrictions take effect.

LV= members reject Bain Capital takeover deal

Members have rejected the £530m deal and so the insurance firm remains as a mutual.

US price rises hit highest level for 40 years

Prices rose 6.8% in the year to November with the cost of fuel, used cars and food rising fastest.

Starbucks to get its first unionised US store since 1980s

Staff at one branch vote to unionise, the first in the coffee chain's own stores since the 1980s.

UK warns US of retaliation over steel tariffs

After "very frank" talks in Washington, the UK's international trade secretary says action may be taken soon.

'I borrowed £50 and we ended up homeless'

People could fall into serious debt if they use loan sharks this Christmas, charities warn.

HS2 agrees £2bn deal to build UK's fastest trains

Hitachi and Alstom will build more than fifty 225mph trains for the high speed network.

Evergrande: China property giant misses debt deadline

Chinese property giant declared in default by a credit rating firm after missing a crucial interest payment.

Covid: Manchester Airport Group calls for review of travel rules

The owner of Manchester, London Stansted and East Midlands airports is calling for urgent action.

Parcel firms told to improve how they handle complaints

When things go wrong customers often have problems resolving complaints, the regulator says.

CEO Secrets: 'Call centre work trained me to be a CEO'

Steven Bartlett, the 29-year-old co-founder of Social Chain, shares his business advice.

Elizabeth Holmes testifies she 'never' misled investors

Holmes' defence team rested their case after seven days of testimony from the Theranos founder.

Covid vaccine passports 'devastating' for nightclubs

An industry body says nightclubs and bars should not be "thrown under the bus" by the government.

New home working order another blow for small firms

New guidance to work from home is greeted with dismay by firms that thrive when workers are in offices.

Boss says sorry for 'blundered' mass Zoom firing

Vishal Garg says he "is deeply sorry" for sacking 900 staff in an online meeting.

Tesco depot staff suspend pre-Christmas pay strikes

Up to 1,200 workers across four sites have halted walkouts over pay, the Unite union says.

Jailed banker 'shocked' and 'disappointed' at appeal decision

Jailed banker Tom Hayes has been refused the chance to take his case back to the courts.

Call centre staff being stalked and abused, says bank boss

First Direct is one of 50 firms warning of a rise in abuse by customer in the run-up to Christmas.

Treasury inflation warning on public sector pay

The Treasury has warned that higher public sector pay could make high inflation rates persist.

Amazon services down for thousands of users

Customers of the e-commerce giant report problems with shopping services, Prime Video and Alexa.

Quarantine hotels: Returning Brits struggle to book

Some UK residents coming back from South Africa are still struggling to find quarantine hotel rooms.

Christmas dinner costs rise as inflation bites

Turkeys, sprouts and Christmas puddings are more expensive this year, research suggests.

Super-rich increase their share of world's income

A major report on wealth and inequality says 2020 saw the steepest rise in billionaires' wealth on record.

Instagram announces changes ahead of political grilling

Platform boss unveils new safety features a day before being quizzed by the US Senate.

House price growth at 15-year high, says Halifax

However, the pace is unlikely to be maintained as household budgets are squeezed, the lender says.

Rohingya sue Facebook for £150bn over Myanmar hate speech

The social media giant is accused of fuelling violence against the persecuted minority in Myanmar.

Wall Street watchdogs probe Trump media firm deal

At the weekend the Trump Media and Technology Group said it had secured $1bn of investment.

Byju's and the other side of an edtech giant's dizzying rise

Indian firm Byju's faces allegations of pursuing hyper growth using high pressure sales tactics.

The tech helping shops - and Santa - deliver this Christmas

A number of tech solutions are out there to help retailers optimise sending out our presents.

Covid testing: New PCR rules throw plans into disarray

New PCR testing rules come into force on Tuesday for travellers arriving in the UK.

Hong Kong Covid: The Cathay pilots stuck in 'perpetual quarantine'

One Cathay Pacific pilot said he had spent almost 150 days in quarantine this year alone.

Tesco: Pre-Christmas strikes planned by 6,500 depot staff

Trade union Usdaw said 5,000 members at nine warehouses across the country will take industrial action.

US boss fires 900 employees over Zoom

"Last time I did this I cried," said the head of the online mortgage lender laying off 15% of his staff.

Spar cyber attack hits more than 300 convenience stores

The attack targeted a company in Lancashire which operates Spar's tills and IT systems.

Uber likely to start charging VAT on rides after UK ruling

In a move that will affect the whole taxi industry, a judge has ruled Uber must make contracts with its customers.

Warnings Covid travel test prices are misleading

The government's website to find travel tests "is not serving its purpose", an industry trade group says.

New York's workers must all have vaccine by 27 December

The city's mayor is introducing a vaccine mandate for all private sector employees from 27 December.

Covid: Sainsbury's asks staff to delay Christmas parties

The supermarket will reimburse workers for postponed parties amid emergence of the Omicron variant.

Evergrande shares slump on renewed default fears

Shares in the Chinese property giant sink 20% as worries about company's future return.

Dalio: Comments on China's human rights misunderstood

Last month, JP Morgan's Jamie Dimon apologised for comments he made about the Chinese Communist Party.

Large gender pay gaps persist over the last 25 years

Once increases in women’s education are accounted for, the gender pay gap change is only 3% since 1995.

HGV driver shortage: Signs pressures are easing, trade group says

Fewer drivers are leaving the profession, Logistics UK says, but more action is needed to attract recruits.

Tesco: Distribution centre workers plan pre-Christmas strikes

Up to 1,200 workers across four sites will stage walkouts over pay, according to the Unite union.

Parag Agrawal: Why Indian-born CEOs dominate Silicon Valley

Parag Agrawal, Twitter's new CEO, is the latest of several Indian-Americans leading global tech firms.

Trump social media firm raises $1bn from investors

The former US president is working to launch a social media app called Truth Social early next year.

Covid travel test changes a 'hammer blow' to industry

The return of pre-departure tests for travellers to the UK will come into force on 04:00 GMT Tuesday.

Coronavirus: UK tightens travel rules amid Omicron spread

Travellers to the UK will have to have a negative Covid test before departure, the government says.

Fraud: 'I had £18,000 stolen after my drink was spiked'

Fraudsters appear to be adopting the "sinister" tactic of spiking drinks to steal money, campaigners warn.

MH370: Could missing Malaysian Airlines plane finally be found?

A British engineer believes he may help solve one of the world's greatest aviation mysteries.

December rate rise hangs in balance amid Omicron

A Bank of England policymaker says he wants more data on new virus variant before rates decision.

US jobs growth falls far short of expectations

Employers took on 210,000 new workers in November, less than half the number that had been expected.

Cambo: Jobs warning as Shell pulls out of oil field development

Climate change campaigners welcome the move but business leaders voice fears for the future of thousands of jobs.

Selfridges set for £4bn sale to Thai retail giant

The billionaire Weston family are close to selling the famous luxury stores chain to Central Group.

Shell pulls out of Cambo oil field development

The oil giant said the economic case for investment in the controversial project was "not strong enough".

Why Turkey's currency crash does not worry Erdogan

Turkey's national currency has plummeted 45% against the dollar this year

US creditors can now DM debtors on social media

The new rule lets debt collectors text and direct message millions of Americans who default on loans.

China app giant Didi plans US stock market exit in move to Hong Kong

The move comes after the company came under intense scrutiny from regulators in the US and China.

Retailers make 'shocking' petrol profit says RAC

Fuel retailers are charging unnecessarily high prices for petrol according to the RAC motoring organisation.

Covid loan anti-fraud checks inadequate, says watchdog

The government acted too slowly to stop fraudsters exploiting its Bounce Back Loan scheme, a report says.

Would you give 10% of your salary to charity?

A growing number of people are deciding to give up a substantial chunk of their wages.

Virgin Media outage hits UK TV viewers

The firm apologises after some customers are left with no access to TV services for more than 10 hours.

Elle to stop promoting the use of animal fur in its magazines

It is the first major fashion publication to make the pledge, citing its support for animal rights.

Countries reach landmark deal to cut trade costs

Members of the World Trade Organization agree to cut red tape to boost trade in services.

Ride hailing app Grab makes $40bn market debut

Shares start trading in ride-hailing firm Grab which has used a shell company for its flotation.

Banks fined over collusion in currency trading

Barclays, RBS and HSBC are among firms penalised by the European Commission after an investigation.

UK plays down Brexit link in US steel tariff row

Reports suggesting a US decision to maintain tariffs on UK steel is linked to Brexit

Covid: Omicron fears cause wave of hotel cancellations

Best Western is one hotel group that has seen many customers scrapping Christmas bookings.

Covid: Anglo American to introduce mandatory vaccinations

Anglo American, which employs 95,000 worldwide, is consulting on compulsory Covid jabs for all workers.

Disney elects woman as chairman for first time in 98-year history

Susan Arnold, who has been a board member for 14 years, will succeed Bob Iger at the end of the year.

Rising energy bills: 'My teenager disappears under coats at night'

A charity estimates that domestic gas bills in April will be double those of 18 months earlier.

Firms opt for smaller Christmas parties over Omicron fears

Companies are deciding against holding a big bash in favour of allowing small, optional gatherings.

EU launches €300bn bid to challenge Chinese influence

The Global Gateway infrastructure plan is described as a true alternative to Chinese influence.

Duolingo boss: 'Develop your social skills'

Luis von Ahn, co-founder and CEO of language-learning app Duolingo, shares his business advice.

Cryptocurrency executives to be questioned in Congress

Washington is joining other governments in scrutinising the rapidly expanding sector more closely.

Biden says economy 'in strong shape' ahead of holidays

The president says he is optimistic supply chains can cope with any disruption from Omicron.

Match settles legal fight with Tinder founders for $441m

Dating app Tinder's founders claimed in court that Match had undervalued the firm by $10bn in 2017.

New travel rules mean 'I can't afford to fly home'

UK residents in South Africa, which has been added to the travel red list, say new requirements are too costly.

Coronavirus: Heathrow Airport opens dedicated red list country terminal

The measure will keep passengers arriving from red list destinations away from other travellers.

Tel Aviv named as world's most expensive city to live in

Soaring inflation and supply-chain problems have pushed up prices in the 173 cities surveyed.

Zog Energy becomes latest firm to collapse in gas price crisis

Zog Energy, which has about 11,700 domestic energy customers, ceased trading on Wednesday.

Clarks shelves pay cut plans to end warehouse strike

Shoe retailer ends eight-week dispute after talks at mediation service Acas

Nationwide: UK house prices continue surge, up 10% in November

The average price of a UK house was £252,687 in November, according to the Nationwide Building Society.