Friday, December 30, 2022
New Year's Eve parties hit by rail strikes and cost of living
New year bookings at bars and restaurants are down due to rail strikes and price rises, industry experts say.
Trump's tax returns released after years-long effort
The former president had long sought to keep his records from being seen by the public.
York records strongest house price rises in 2022
Prices in the historic North Yorkshire city surged by 23.1%, or £69,648, the Halifax bank finds.
Hershey sued in US over metal in dark chocolate claim
The lawsuit alleges that three Hershey products contain harmful levels of lead and cadmium.
Buses: More cuts to services to come, operators warn
Campaigners say a temporary £2 maximum fare will not stem a fall in passengers, amid service cuts.
Thursday, December 29, 2022
Deloitte cuts UK office temperatures by 2C to save energy
The consultancy is the latest big company to announce a drive to cut costs and carbon emissions.
Twitter in data-protection probe after '400 million' user details up for sale
Politicians and celebrities are said to be affected but the scale of the data breach is unverified.
Covid in China: US imposes Covid testing for visitors from China
Several other countries have imposed restrictions on travellers from China as Covid cases surge.
December and January strikes: Who is striking and what are their pay claims?
Hundreds of thousands of workers have walked out, or threatened to, causing widespread disruption.
Wednesday, December 28, 2022
Strikes may continue into 2023, warns TUC union
The TUC says industrial action could spread into next year unless the government enters negotiations.
Energy bills: Changes on 1 January may cause confusion
Slight changes to gas and electricity rates are likely to add only pennies, not pounds, to your bill.
Energy giant ExxonMobil sues EU to block energy windfall tax
The US company says the levy on its profits will discourage future investment in Europe.
China Covid: US considers restrictions on Chinese arrivals
Japan and India have already announced tighter measures as China finally reopens its borders.
Domino's Pizza considers selling Russian business
The firm operating the Russian franchise may sell up, 10 months after the invasion of Ukraine.
Tuesday, December 27, 2022
Covid in China: People rush to book travel as borders finally reopen
But Chinese tourists will not have unfettered access to all countries - as some impose restrictions.
Strikes: Border Force, rail and driving test staff walk out
About 1,000 workers at six UK airports will resume their walkout over pay and conditions.
Spain announces €10bn help to fight rising prices
PM Pedro Sánchez backs aid for households amid an energy crisis prompted by Russia's war in Ukraine.
Shaws the Drapers enters liquidation after 106 years
About 150 staff are believed to be affected after they were told by email the company will close.
Monday, December 26, 2022
Train strikes: Services expected to start later as latest walkout ends
Passengers are being urged to check travel times as rail workers finish their latest walkout.
Shoppers set to cut spending at Boxing Day sales
The rising cost of living is expected to curb the appetite for post-Christmas bargain-hunting.
Sunday, December 25, 2022
UK weather: Ice warnings and rail strikes set for Boxing Day
Warnings for ice and snow are in place in parts of the UK as rail strikes continue on Boxing Day.
Friday, December 23, 2022
Workers over 50 encouraged to end early retirement
It follows a recent report which highlighted early retirement as an issue around a UK labour shortage.
Train strikes: Passengers brace for Christmas Eve disruption
Trains will stop running at around 15:00 on Saturday, as walkouts on the railways and other industries continue.
What are my rights if my flight is cancelled?
Strikes and poor weather may cause disruption at airports, but passengers do have rights.
Meta settles Cambridge Analytica scandal case for $725m
The proposed deal by Facebook's owner is the largest in a US data privacy class action, say lawyers.
Thursday, December 22, 2022
Airport strikes: Border Force staff begin Christmas walkout
Travellers arriving in the UK are warned to expect disruption and delays as staff who check passports go on strike.
Online whisky auction house's sales hit £50m
Perth-based Whisky Auctioneer says 2022 has been a record year for some distilleries.
FTX founder released to parents on $250m bail
Prosecutors have accused Sam Bankman-Fried of "one of the biggest financial frauds in US history".
Who is striking? How Christmas and New Year walkouts will affect you
Ambulances, airports and trains - strikes are not taking a Christmas break - by the BBC’s Zoe Conway.
Amazon could be blamed for fake Louboutin shoe ads - EU
Top EU court says Amazon could be held responsible for third-party sales of fake Louboutin shoes.
TransPennine Express cancels more rail services over IT issue
TransPennine Express cancels services for a second day running, due to an ongoing "software issue".
Wednesday, December 21, 2022
Trump business losses sharply reduced his tax bill
In 2020, the then US president reported negative income and paid no income tax.
Who is striking? How Thursday 22 December’s walkouts will affect you
What you need to know about Thursday's walkout by highway workers, by the BBC's Zoe Conway.
Fresh warning of disruption on airport strike days
A senior Border Force official has said he hopes to keep all airports open as staff strike.
Netflix password sharing may be illegal, says UK government
The Intellectual Property Office said the practice might break criminal and civil law.
H&M: Justin Bieber collection axed after singer's 'trash' criticism
The retailer removed its collection after the star says he didn't approve it or give permission.
The cargo hauling aircraft with no pilots on board
Rejecting deliveries to the doorstep, some drone makers are betting on bigger pilot-free aircraft.
Tuesday, December 20, 2022
Elon Musk to quit as Twitter CEO when replacement found
Elon Musk says he will resign as soon as he finds someone "foolish enough" to take over the job.
Cost of living: If no one comes, we close early, says pub
Almost 90% of pubs are considering shorter opening hours over winter as bills rise, according to a new survey.
3M manufacturing giant to stop making 'forever chemicals'
The firm will stop making the materials that have been linked to a range of health problems.
Elon Musk: Only blue tick users to vote in Twitter polls on policy
The billionaire says he will change the policy on Twitter votes after users say he should step down.
Train drivers announce new January strike date
Workers across 15 rail companies will walk out, adding to strikes already announce by the RMT union.
FTX boss Sam Bankman-Fried agrees to be extradited
The cryptocurrency exchange boss is expected to travel to the US to face fraud charges, the BBC understands.
Monday, December 19, 2022
Decision on energy bill support for businesses postponed
Business groups angry after a decision on extending energy support is put off until the new year.
Alcohol duty to be frozen for further six months
Alcohol prices are set to be frozen until August 2023, when a new system for alcohol taxes is introduced.
Fortnite firm penalised after claims it tricked users
Epic Games pays $520m over claims it violated child privacy laws and tricked players into making purchases.
Treasury announces date of next Budget
Chancellor Jeremy Hunt will set out the government's tax and spending plans next spring.
NI households to receive energy payment from January
The £600 is being delivered by the UK government in the absence of ministers at Stormont.
Battery lights vs mains LED bulbs: What's cheaper?
As some shoppers swap mains bulbs for battery lights, we investigate if money is really being saved.
Sunday, December 18, 2022
More than 130 bus operators to offer £2 tickets
The government-funded scheme will cap fares in England outside London from 1 January to 31 March.
Twitter to stop users linking to big social media platforms
The move affects content from Facebook, Instagram and Mastodon among other social media sites.
Who is striking? How this coming week’s walkouts will affect you
Useful information on strikes during the week up to Christmas, by the BBC’s Zoe Conway.
Saturday, December 17, 2022
Singapore's crypto ambitions shaken by FTX collapse
Users call for more regulation after state fund writes off investment in fallen cryptocurrency exchange.
Friday, December 16, 2022
Wolford owner Lanvin says luxury is never out of style
Lanvin Group hopes to be the first luxury giant to rise out of Asia.
Rolls-Royce car workers win record pay package worth up to 17.6%
Some 1,200 employees have be awarded a one-off bonus and a double-digit wage rise.
US-China chip war: How the technology dispute is playing out
Washington announced some of the broadest export controls on chipmakers in October.
Royal Mail: Views from both sides of the picket line
The BBC spoke to a striking worker on the picket line and someone who chose to work on Friday.
Thursday, December 15, 2022
Twitter bans some journalists who cover Elon Musk
Some reporters for the New York Times, CNN and Washington Post have had their accounts suspended.
Former US President Donald Trump launches $99 NFT collection
They depict the former US president in various guises including a superhero, astronaut and Nascar driver.
Smart motorways: Warning safety tech must improve 'urgently'
Safety measures on all-lane running smart motorways must be improved, the transport watchdog says
County Durham Evri staff say parcels will not arrive by Christmas
Families will be "disappointed" this Christmas as Evri tries to deal with backlogs, workers claim.
Wednesday, December 14, 2022
Social media influencers charged with $100m stock scheme
The defendants allegedly used their platforms to hype stocks before selling them off once the prices rose.
Elon Musk sells $3.6bn of shares in electric car maker Tesla
The sale brings the total of Tesla stocks sold by Mr Musk over the past year to almost $40bn.
Airport security 100ml liquid rule to be scrapped
Restrictions on liquids and removing electrical items from bags are to axed by June 2024.
Buy festive shopping in store, small retailers say
The warning comes as Royal Mail staff walk out in a fight over pay and conditions.
Poor rail services caused by toxic mix, MPs told
There is a "total let-down" for rail passengers in the north of England, a transport committee hears.
Tuesday, December 13, 2022
UK inflation drops but cost of living remains high
The inflation rate is 10.7% down from 11.1% in the previous month, official figures show.
Hong Kong markets watchdog warns of cryptocurrency platform risks
It comes after the founder of the failed crypto exchange FTX was arrested and charged with fraud.
From Bitcoin to blockchain: Key cryptocurrency terms and what they mean
As cryptocurrency makes headlines once again, here's a look at the main concepts and what they mean.
Calls for push payment scam refunds for all
Which? says banks should refund all customers who are tricked into sending scammers money.
US charges Sam Bankman-Fried with defrauding investors
Sam Bankman-Fried is accused of a scheme to defraud investors in failed crypto exchange FTX.
US inflation rate slows as fuel costs fall
US inflation rose 7.1% over the 12 months to the end of November, dropping from 7.7% in October.
Dangerous Christmas lights listed for sale on Amazon and eBay, Which? finds
Testing by consumer group Which? finds some cheap lights fail to meet UK electrical safety regulations.
Rail union boss hits out in row over train strike support
The boss of the UK's biggest rail union insists members support action in a heated exchange with the BBC.
Highest number of days lost to strikes in over 10 years
Some 417,000 working days were lost to industrial action in October - the highest since 2011.
Monday, December 12, 2022
Buy now, pay later: Things you need to know about the loan schemes
With Christmas fast approaching here's what you need to know before borrowing money.
Train strikes: Widespread delays expected as latest walkouts loom
About 40,000 rail workers will start walking out on Tuesday in a row about jobs and pay.
Train strikes: RMT members reject latest Network Rail pay offer
Train strikes will resume on Tuesday and passengers are advised to travel only if absolutely necessary.
UK economy shrinks between August and October
The economy contracted by 0.3% over the three-month period despite a rebound in October.
S Korea says crypto-fugitive Do Kwon is in Serbia
Mr Kwon was charged with fraud and breaches of capital markets law after the implosion of the token.
Sunday, December 11, 2022
Coal plants put on standby to supply electricity
National Grid orders coal-fire units to begin warming up as cold weather sweeps the UK and Europe.
Twitter's paid blue tick re-launches after pause
Twitter will once again offer a blue tick badge and additional features for a monthly fee.
Second-hand tech booms as shoppers look for bargains
From phones to exercise bikes, the market for second-hand kit is booming as shoppers search for bargains.
Royal Mail: When are the postal strikes and Christmas post dates?
About 115,000 postal workers are taking part in the dispute with Royal Mail.
UK weather: All flights suspended at Stansted Airport
Heathrow and Gatwick also cancel flights after fog and snow sweeps the country.
Friday, December 9, 2022
Royal Mail: Views from both sides of the picket line
The BBC speaks to a striking worker on the picket line and someone choosing to work on strike day.
WTO says Trump's US steel tariffs broke global trade rules
The US said it disagreed with the ruling and would not remove the border taxes.
Penguin Random House boss resigns after Simon & Schuster deal fails
The merger of the publishing giant with rival Simon & Schuster was scuppered by competition concerns.
Cost of Living: How to talk to children about a budget Christmas
Some hints and tips to help you manage your children's Christmas expectations.
Santander UK fined £108m over money laundering failings
The bank had "serious and persistent gaps" in anti-money laundering controls, the watchdog finds.
Fired Twitter cleaning staff 'treated like garbage'
One of them told the BBC a member of Elon Musk's team said their jobs would be replaced by robots.
Thursday, December 8, 2022
Royal Mail workers begin wave of festive strikes
Millions of pieces of mail have been piling up ahead of the action, the CWU union says.
US seeks to block Microsoft from £56bn gaming deal
Microsoft said it would fight to buy Activision Blizzard, the studio behind games such as Call of Duty.
UK weather: Freezing conditions trigger cold weather payments
Temperatures across the UK plummet overnight, dipping as low as -9.1C in the Scottish Highlands.
Ministers consider tougher curbs on strike action
The government is exploring the idea of stopping some emergency service workers from walking out.
Wednesday, December 7, 2022
TikTok sued by Indiana over security and safety concerns
The app is accused of deceiving users over China's access to data and exposing kids to mature content.
New York Times faces first major walkout since 1970s
More than 1,100 union members are planning to participate in the 8 December stoppage.
'We haven't had a single penny from the Post Office'
Three years after winning in the High Court, hundreds of sub-postmasters are still waiting for compensation.
First UK coal mine in decades approved
Climate experts and Tory MPs argued the Cumbria mine would scupper UK efforts to lower emissions.
Tech layoffs at Meta, Twitter, Amazon: The good people helping Indians find jobs
Tech workers are rallying together to help peers who face having to leave the US after being laid off.
Can I get a cold weather payment and how much are they?
Cold weather payments are available to some as temperatures stay low.
Tuesday, December 6, 2022
iPhone chip-maker TSMC invests $40bn in Arizona plants
The Taiwan chipmaker triples its US investment amid a chip shortage and the US and China tech war.
Indonesia's new sex laws and what they could mean for tourism
Holiday hotspots like Bali are still recovering from the pandemic - now new laws could derail them again.
BrewDog fruity beer ad banned over five-a-day claim
The controversial brewer is told an advert for its fruit beers could mislead consumers.
The airline policy that cost pregnant flight crew their jobs
Singapore Airlines recently dropped its five-decade-old policy, after demands from human rights groups.
Rural fuel more expensive, says watchdog
Differences in price between urban and rural areas need further investigation, says CMA.
December train strikes: Union told not to hold country 'to ransom'
The new Christmas Eve walkout threatens to hit celebrations and travel over the festive weekend.
Cost of living: 'I couldn't tell the real bills from scams'
People falling behind on bills are being bombarded with letters, calls and texts, a charity says.
Apple self-repair service comes to UK
The tech giant warned that if a repair goes wrong, the device's warranty will no longer be valid.
Monday, December 5, 2022
Meta threatens to remove US news content if new law passes
Facebook's parent company says it will pull news from the platform in the US if a new media law passes.
How our High Streets changed over the Covid lockdowns
Fewer banks and shops, but beauty parlours prosper - BBC analysis of Ordnance Survey data has found.
Miner Glencore pays $180m in latest corruption case
The Swiss-based mining firm strikes deal with Democratic Republic of Congo to settle corruption claims.
Cost of living: New average mortgage rates fall below 6%
The typical interest rate shot up after the mini-budget but lenders are gradually reducing rates.
PwC to close offices at Christmas to save energy
Accountancy giant staff will not be able to work from its main London office over the festive period.
Sunday, December 4, 2022
Ukraine war: Oil prices rise as cap on Russian crude looms
The G7 and its allies have agreed to limit the price of Russian oil to $60 a barrel.
Taiwan's front-line battle against mobile phone fraud
How Taiwanese phone fraud fighters are able to warn the world about the latest scams.
India seizes opportunities in African healthcare
The rapid expansion of Indian healthcare firms in Africa has not been without problems.
Train strikes: Firms make first offer in bid to stop Christmas strikes
The Rail Delivery Group makes an offer to the RMT union in the ongoing dispute over pay and conditions.
Currys has stopped using Royal Mail due to strikes
The electronics retailer has switched to alternative delivery firms for the time being.
Strikes unfair at Christmas, Tory chairman Nadhim Zahawi says
Nadhim Zahawi says President Putin "wants to see" strikes, as he outlines plans to avoid disruption.
Saturday, December 3, 2022
Five ways to spend and waste less this Christmas
Experts give tips on how to make your Christmas cheaper, greener and just as joyful.
Cutting energy prices will take years - power boss
The head of energy giant Enel says renewables are key to getting prices back to pre-Ukraine war levels.
Google opens its first UK centre making tech for disabled people
The tech giant will do the work at a new site in London, the first of its kind outside the US.
Friday, December 2, 2022
Rail strike is cancelled - at the cost of paid sick leave
The pandemic and a vicious flu season has re-energised the fight for paid sick leave.
Notpla: UK plastic-alternative developer among £1m Earthshot Prize winners
A London firm which developers nature-friendly packaging is among five climate prize winners.
'5G makes my phone pretty worthless'
Some users are finding the next generation of mobile internet slow and patchy, three years after it launched.
Thursday, December 1, 2022
North Korea hit with sanctions after ballistic missile tests
The US Treasury freezes the assets of three North Korean officials following last month's missile tests.
Kanye West no longer to buy Parler social media platform
The rapper has repeatedly made anti-Semitic remarks, alienating business partners and fans.
India remittances set to hit record $100 billion in 2022
Remittances sent to low and middle-income countries have grown by 5% this year, says the World Bank.
BP 'stands to receive blood money’ from Ukraine war
A presidential adviser says the oil giant is could still receive profits from its stake in Russia's Rosneft.
Brexit: Progress on trade deals slower than promised
The UK government is on course to miss its target for signing deals, as exporter numbers fall.
Wednesday, November 30, 2022
Ex-FTX boss Bankman-Fried: 'I didn't try to commit fraud'
In a wide-ranging interview with The New York Times, the former FTX chief says he has almost no money left.
Paying for the basics is pushing people into debt, charity says
Citizens Advice says homeowners and pensioners are among those increasingly seeking debt advice.
US signals shift to slower interest rate increases
Markets soared after the Federal Reserve signalled a shift in its inflation fight.
UK strikes digital trade deal with Ukraine
The agreement is expected to improve cooperation on cyber security, AI and new technologies.
EU tells Elon Musk 'huge work ahead' for Twitter
Twitter risks a ban if it is not in compliance with EU rules on targeted adverts and disinformation.
Transport secretary says North's railways have a real problem to solve
The transport secretary says he is "focused" on trying to improve services in the North of England.
Tuesday, November 29, 2022
Twitter ends Covid-misinformation policy, under Musk
The Twitter website says it stopped enforcing its misleading information policy on 23 November.
Train cancellations: 'Some days I spend more on travel than I earn’
One in every 26 trains has been cancelled this year, which on top of strikes are adding to passengers' woes.
Royal Mail postal workers begin fresh two-day strike
The action is the latest in a series of walkouts and will affect deliveries of letters and parcels.
Octopus takeover of Bulb challenged by rival firms
Octopus Energy's acquisition of collapsed energy firm Bulb could be delayed by a legal fight.
Onshore wind: Grant Shapps criticised for 'nonsense' claims
The business secretary says wind turbines are now "so big" they cannot be built on land.
Bird flu: Free range turkey supplies hit by bird flu
About 600,000 birds have been culled or have died in the UK's worst avian flu outbreak.
Monday, November 28, 2022
Plan to make big tech remove harmful content axed
Minister denies weakening the Online Safety Bill after dropping the "legal but harmful" material measures.
Energy bills: 'We cut back but our direct debits trebled'
Many households are seeing their energy bills going up despite the power they use going down.
Christmas savings clubs help spread the festive costs
How small businesses are using savings clubs to help customers spread the cost of Christmas
Musk feuds with Apple over Twitter advertising
Elon Musk has tweeted that Apple has largely stopped advertising on his platform.
Crypto firm BlockFi files for bankruptcy after FTX collapse
The collapse of FTX had already forced BlockFi to suspend most activity on its platform.
Emergency energy plan for Tuesday postponed
National Grid decides not to activate a scheme to help avoid power cuts after being poised to do so.
Balenciaga campaign: What did the fashion house do?
Kim Kardashian is pulled into a row over the fashion house's latest campaign after heavy backlash.
Sunday, November 27, 2022
US bans sale of Huawei, ZTE tech amid security fears
The restrictions on five Chinese companies are the first to be put in place on security grounds.
Thousands of apprentices quit over quality of schemes
Around 100,000 people are dropping out of schemes after firms fail to provide basic training, says a report.
Energy firms warned over hiking direct debits
The government says companies must match bills with customers who are cutting energy use.
Friday, November 25, 2022
Train strikes: Drivers to walk out in pay row
Passengers face further disruption with 11 rail companies being affected by the long-running dispute.
Jaguar Land Rover cuts output at UK factories due to chip shortage
The carmaker is reducing production at its factories in Solihull and Halewood until the spring.
When are the train strikes and what routes are affected?
More national rail strikes have been announced by the RMT union.
Thursday, November 24, 2022
Elon Musk says Twitter will offer 'amnesty' to suspended accounts
Several accounts - including Donald Trump's - have already been reinstated by the multi-billionaire.
Why Donald Trump isn't returning to Twitter (for now)
How the former US president might lose money if he starts tweeting.
The little-known nut that may save at-risk rainforests
Growing sales of an Indonesian nut called kenari is helping to reduce deforestation.
Kanye West: Adidas investigates after claims of 'toxic' behaviour
Rolling Stone has reported that staff have complained about West's "problematic behaviour".
Police to text 70,000 victims in UK's biggest anti-fraud operation
The website iSpoof, used by criminals to make fake calls, has been taken down.
Wednesday, November 23, 2022
Foxconn: iPhone maker apologises after huge protests at China plant
It comes after protests broke out at the world's largest iPhone factory over pay and work conditions.
How Qatar’s riches touch millions of UK lives
From how you heat your home to where you shop, the UK's links to Qatar may be part of your day-to-day life.
Holiday swindlers: The rise of digital travel scams
Social media is helping travel agents to impress clients, and sometimes to scam them.
Jeremy Hunt: Cut energy use to stop Putin 'blackmail'
People need to cut consumption to reduce the UK's reliance on Russia, the chancellor says.
Pound hits post-Truss high as dollar weakens
Sterling has reached its highest level against the US dollar since mid-August.
Tuesday, November 22, 2022
CEO Secrets: Seatfrog founders share their business advice
The founders of Seatfrog share their business advice for the CEO Secrets series.
Black Friday deals: Why bigger discounts may come next month
With too much inventory and a possible squeeze on demand, retailers may offer deeper price cuts in December.
'I wouldn't leave South Africa, I have a kid here'
South African software developers discuss what it means to them to do business in the country.
Next wave of cost-of-living payments to hit accounts
Millions of people will receive help with energy bills over the coming weeks and months.
Manchester United: Glazer family owners look to sell all or part of Premier League club
Manchester United's American owners say they will "explore strategic alternatives" for the club "including new investment, a sale, or other transactions".
FTX: Court says Sam Bankman-Fried ran FTX as a 'personal fiefdom'
FTX's collapse was described in court as "one of most abrupt and difficult" in corporate America.
More train strikes announced by rail union
The RMT says further strike action will take place across four 48-hour periods in December and January.
Monday, November 21, 2022
Penguin scraps $2.2bn deal to buy rival publisher
Last month, a US court blocked the planned deal, saying it could "substantially" weaken competition.
We must wean economy off immigration, Labour leader to warn businesses
Sir Keir Starmer will promise a "pragmatic" immigration policy in a speech to business leaders.
Are flying taxis getting closer to lift-off?
US air regulators said they would add flying taxis to the list of regulated aircraft.
Crypto rules needed after FTX collapse, says Bank of England
The UK could face a "crypto shock" without better regulations, says a senior official at the Bank.
Cost of living: 'We both work but we can't afford the family rent'
A nurse is facing eviction with her family, and they can't find a new home within budget.
Winter weather: Keeping costs down when it's cold
As energy bills rise and temperatures fall, there are extra payments available.
WhatsApp groups help get food to those who need it
Messaging apps have become a popular way to reach people who are struggling with the cost of food.
Sunday, November 20, 2022
Warning over 'cowboy' foam insulation firms
Homeowners should check carefully that companies are reputable before hiring them, says Nationwide.
Libraries at risk of cuts despite 'unprecedented' rise in users
Local libraries are seeing more people come through their doors, but fear services will be cut.
FTX crypto exchange owes biggest creditors $3.1bn
FTX owes about $1.45bn to its top 10 creditors, according to its US bankruptcy court filings.
Musk lifts Donald Trump's Twitter ban
The former US president's account is reinstated - but he says he sees no reason to return.
Jeremy Hunt has no plan for growth, says CBI boss
Tony Danker tells the BBC the Autumn Statement will tackle inflation but won't revive growth.
Theranos scandal: Who is Elizabeth Holmes and why was she on trial?
"She just seemed absolutely confident of her own brilliance," a Stanford professor remembers of the former student.
Saturday, November 19, 2022
Will you be allowed to watch the World Cup at work?
Bosses have to decide whether to get behind the controversial World Cup.
Friday, November 18, 2022
Banksy accuses clothing brand Guess of 'helping themselves' to his artworks
The graffiti artist called on shoplifters to visit a London branch of Guess in retaliation.
Higher taxes look to be here to stay, says IFS
The Institute for Fiscal Studies warns households are in for a "long, hard, unpleasant journey".
UK house prices forecast to fall for the next two years
A drop of 9% is expected between now and autumn of 2024, the government's official forecaster suggests.
World Cup 2022: Beer sales banned at World Cup stadiums in Qatar
Alcohol will not be sold at the World Cup's eight stadiums in Qatar after Fifa changes its policy two days before the start of the tournament.
Autumn Statement: Jeremy Hunt defends tax rises for middle earners
Jeremy Hunt says his plan is "balanced", after think tank says it piles more pressure on "squeezed middle".
Shop sales rise but remain below pre-pandemic levels
Sales rebounded in October after the previous month was affected by stores closing for the Queen's funeral.
Thursday, November 17, 2022
Autumn Statement: Jeremy Hunt warns of challenges as living standards plunge
The chancellor tells the BBC's Chris Mason times are difficult as he defends tax rises in his Autumn Statement.
Elon Musk: Twitter closes offices until next week
It comes amid reports that large numbers of staff have resigned from the social media platform.
Taxing electric cars 'short-sighted' say manufacturers
Extending the tax to include electric models is "short-sighted" says Ford.
Postal workers to strike on six more days in run-up to Christmas
Industrial action is scheduled for six days in December, including Christmas Eve.
'Digital newsletters really humanise you to your readers'
The young authors connecting with their followers via weekly digital updates.
Why smart thermostats don't always save you money
The makers of smart thermostats says the devices can cut energy bills but the evidence is not conclusive.
Wednesday, November 16, 2022
Ukraine war: Billionaire Andrew Forrest launches $25bn fund for reconstruction
Andrew Forrest's Ukraine Green Growth Initiative aims to replace destroyed infrastructure.
Taylor Swift Ticketmaster crash draws ire on Capitol Hill
A glitch caused by high demand for her concerts has triggered monopoly busters in Washington DC.
Autumn Statement: Jeremy Hunt to unveil spending cuts and tax rises
Pensions and benefits will rise with prices but energy support is expected to be scaled back, the BBC understands.
Chinese buyout of Newport microchip plant a 'security risk'
The UK government says Nexperia's takeover of Newport Wafer Fab creates national security risks.
What is behind the big tech companies' job cuts?
Thousands of redundancies have been announced by some of the largest firms in the industry.
Tuesday, November 15, 2022
Byjus, Meta, Twitter: India tech workers fight back amid mass layoffs
Many young Indians who've lost their jobs are looking for ways to air their frustration and build support.
Estee Lauder to buy designer brand Tom Ford
The cosmetics giant will purchase the designer fashion brand for £2.4bn.
Water customers may be owed £163m for sewage spills
Water companies have been discharging waste in to rivers, claim researchers of corporate wrongdoing.
Twirls substituted in some Heroes chocolate boxes
The chocolate is another casualty of supply chain disruptions blighting manufacturers.
No uniform choice for Virgin Atlantic crew on World Cup flight
The airline's gender-neutral uniform policy does not apply to staff flying the England team to Doha.
Made.com collapse: Nottingham auction house to sell off stock
It comes after the online furniture retailer collapsed, leading to hundreds of job losses.
Heinz, Dolmio and Anchor: Top food brands see prices soar
The price of some popular branded foods have as much as doubled in two years, Which? research suggests.
Monday, November 14, 2022
Cost of living: Japan economy unexpectedly shrinks after yen slide
People and businesses spent less than expected as the weak Japanese currency made imports more expensive.
Cost of living: Electric heaters may pose fire risks despite savings
The popularity of portable heaters to warm a single room has increased as energy bills have soared.
Amazon 'prepares mass job cuts' as sales slow - reports
The reductions could affect about 10,000 people at the e-commerce giant, reports suggested.
Cost of living: 'We've got to sell our family home due to mortgage rise'
A mother-of-three says she can't see any option than selling her house due to mortgage rates rising.
What do we know will be in the Autumn Statement?
Jeremy Hunt is expected to dismantle his predecessor Kwasi Kwarteng plans announced two months ago.
Rishi Sunak: We’ll deliver public finances markets expect
The PM says this week's autumn budget would "put our public finances on a sustainable trajectory".
Sunday, November 13, 2022
Cost of living: Expanded energy bill discount scheme under way
A bigger rebate under the Warm Home Discount begins but concerns remain some are missing out.
Why does the government want to cut spending?
The Autumn Statement will address the risk of a future “black hole” in the UK's finances.
KFC says a third of hires will be disadvantaged youth by 2030
The target for 2030 will help thousands of young people get their first job, the fast food chain says.
The repair Budget to defuse a financial timebomb
Chancellor Jeremy Hunt's key message this week will be about restoring stability and controlling price rises.
Jeremy Hunt: Everyone will have to pay more tax
The chancellor also tells the BBC he wants to make sure any recession is as short and shallow as possible.
The fall of the FTX ‘King of Crypto’ Sam Bankman-Fried
How a crypto empire built on video game battles and beanbags came crashing down.
Autumn Statement: When is it and how will it affect me?
With the UK facing a cost-of-living crisis the government is set to unveil tax and spending plans.
Friday, November 11, 2022
'There really is more to life than posting on Instagram'
A small but growing number of people are giving up the likes of Facebook, Twitter and Instagram.
Twitter drama continues with blue-tick confusion
A number of executives have walked out after a turbulent launch of new Twitter features.
Heathrow Airport says no passenger limits over Christmas
The airport has been working with airlines and ground handlers to prepare for the busy period.
Thursday, November 10, 2022
Cost of living: Shares jump in US and Asia as inflation cools
Investors are betting the US central bank will slow the pace of rate rises as it tackles inflation.
Amazon: Robots spread but 'we still need humans'
Amazon's latest robot has the ability to pick up items before they are packed.c
Labour vows to lift ban on onshore wind
A Labour government would ease planning rules for new onshore wind farms, Sir Kier Starmer says.
KFC apologises after German Kristallnacht promotion
The fast-food chain urged German customers to commemorate the Nazi pogrom with cheesy chicken.
100,000 civil servants vote for strike action
The Public and Commercial Services Union is calling for a 10% pay rise and no cuts to redundancy terms.
Musk tells Twitter staff remote working will end
The boss of the social media firm also warns workers to prepare for "difficult times", reports say.
Wednesday, November 9, 2022
Elon Musk foreign ties worth being looked at, Joe Biden says
The US president was asked whether Saudi Arabia helping the Tesla boss to buy Twitter should be probed.
Economists question 'black hole' in UK finances
The government's justification for upcoming UK tax rises and spending cuts is shaky, economists say.
Christmas adverts toned down during cost of living crisis
John Lewis says the cost of living crisis was "front of mind" as it joins other big brands launching festive campaigns.
Binance walks away from FTX crypto exchange bailout
Binance will not pursue the deal for its smaller rival citing reports of 'mishandled customer funds'.
M&S warns of 'gathering storm' as profits fall
Profits fall sharply at the High Street giant as it struggles with higher energy bills and overheads.
Made.com goes bust with up to 500 jobs lost
The firm, which enjoyed soaring sales during Covid lockdowns, hit problems as households cut back.
Tuesday, November 8, 2022
Kids' Christmas toy pester-power limited by cost of living
Rising prices affect parents' shopping habits as sales of Christmas toys are forecast to be hit.
'One of the hottest start-up spaces in the US'
North Carolina is aiming to become a hub for start-ups to grow and do business.
Disney says streaming business at 'turning point'
The company has more than 235 million subscriptions across its three streaming platforms, including Disney+.
Egg farmers squeezed as costs rise
Some farmers have accused supermarkets of not paying them a fair price for their eggs.
Tesla recalls 40,000 cars over power-steering fault
The recall affects the 2017-21 Model S and Model X vehicles.
Primark owner says customers face difficult choices as costs rise
The firm's owner says the soaring cost of living is putting households under pressure.
Monday, November 7, 2022
Rail disruption: Many services to start late on Tuesday
First trains will run later on many lines - as Avanti West Coast says services are limited all day.
Ex-Made boss says offer to save company ‘rebuffed’
Former boss of furniture brand says his offer to rescue firm from administration was rejected.
Facebook owner Meta expected to announce major job losses
The company faces difficult economic conditions and is investing heavily in its metaverse push.
Do not end green energy grants, manufacturers urge MPs
Manufacturing firms urge MPs to match an EU scheme subsidising the cost of renewable energy systems.
Ten days of Twitter chaos
Elon Musk's first week-and-a-half at Twitter has been a rollercoaster of big changes.
Sunday, November 6, 2022
Apple: iPhone shipments delayed over China Covid lockdown
Firm warns customers to expect longer wait times for its new iPhone due China's Covid lockdown.
Ebay urges shoppers to pick old over new this Black Friday
This Black Friday the online marketplace is promoting used items to avoid unwanted spending and waste.
Made.com expected to go into administration this week
Around 500 staff are expected to lose their jobs after the online furniture store failed to find a buyer.
Rail passengers urged to check Monday travel
Most train companies will operate limited services on Monday despite strikes being called off.
Saturday, November 5, 2022
National Insurance: Will tax cut save me money?
The government's reversal of the 1.25p increase in National Insurance has come into effect.
Twitter confirms fee for blue-tick verification after Musk takeover
Controversially Twitter says blue-tick status will be open to those who pay a monthly $7.99.
Liberal Democrats: Give struggling homeowners £300 a month
People whose mortgage payments had risen more than 10% would get a grant, under the party's plan.
Cost of living: Pub halves beer and cider choice to survive
A landlord is pinning energy bills to walls to show regulars why the cost of their pint has gone up.
Jack Dorsey: Twitter co-founder breaks silence on Elon Musk takeover
The former CEO appeared to agree with the dismissals, saying he had grown the company "too quickly".
Twitter UK staff get deadline over cuts consultation
Hundreds affected by Twitter's worldwide job cuts have three days to elect a representative.
Friday, November 4, 2022
Twitter: Musk defends deep cuts to company's workforce
The site's new owner says he had "no choice" but to slash jobs - cuts which appear to affect 50% of staff.
Workers at Heathrow to strike in World Cup run-up
A union says 700 workers at the UK's biggest airport will walk out for three days from 18 November.
Money-off energy scheme launches to avoid blackouts
Households with smart meters could save up to £100 on bills if they cut peak-time use over winter.
Avanti West Coast: Rail boss apologises for recent disruption
Avanti West Coast and Transpennine Express have been criticised for reduced timetables and cancellations.
Thursday, November 3, 2022
Twitter to make job cuts after Elon Musk takeover
The social media giant says staff will be told on Friday whether they are to be laid off.
Sizewell new nuclear plant is under review
The £25bn nuclear project could be delayed or even axed as the government tries to cut spending.
Mortgages: What happens if I miss a payment?
Homeowners are worried about rising mortgage costs - but lenders must help those struggling.
Bank of England raises UK interest rate by most in 33 years
The Bank of England raises rate to 3% from 2.25% as it warns UK faces "very challenging" recession.
One in four have accents mocked at work - survey
Almost half of those surveyed have also faced jibes over their accents in a social setting.
Wednesday, November 2, 2022
TikTok says staff in China can access UK and EU user data
The Chinese social media giant said the policy is "based on a demonstrated need to do their job".
House prices: What happens when they fall?
How could rising interest rates affect the housing market around the UK?
Cost of living: The homebuyers anxious about their mortgages
Three people from Derby tell BBC News how they will be affected by the Bank of England base rate hike.
China Covid: Panic and fear drove iPhone factory breakout
Workers at the plant in Zhengzhou, China, thought they were going to be part of a huge Covid experiment.
US interest rates rise to fresh 14-year high
The Federal Reserve is steering borrowing costs higher at the fastest rate in decades.
Tuesday, November 1, 2022
Questions raised about AI weapons-scanning company
BBC News has seen evidence Evolv, which claims to have the "signatures" of all weapons, has limitations.
Four areas added to banking hubs waiting list
The shared premises serve customers from a range of banks but only two have opened so far.
Prison job advert banned for racial stereotyping
The photo of a black inmate and white officer was likely to cause serious offence, a watchdog found.
Elon Musk says £7 monthly fee for Twitter blue tick
Critics say the change could make it harder for people to find reliable sources on the social media site.
Bank makes history as it reverses ‘quantitative easing’
It is the first central bank to start unwinding the emergency support brought in after the 2008 financial crisis.
Morrisons to close 132 McColl's stores putting jobs at risk
Owner Morrisons says that closing the loss-making stores will put 1,300 jobs at risk.
Monday, October 31, 2022
Banker Oleg Tinkov renounces Russian citizenship over Ukraine
Billionaire oligarch Oleg Tinkov condemns "Putin fascism", furious at Russia's invasion of Ukraine.
Blackouts would be last resort, says National Grid
The firm says its "base case" assumption is the UK will have sufficient energy, but power cuts are a possibility.
UK battery firm Britishvolt averts collapse as funding secured
There were fears Britishvolt could run out of money after the government refused to advance funding.
LEVC: Coventry taxi-maker announces 140 job cuts
LEVC, which makes an electric version of the iconic London cab, blames the effects of the pandemic.
Mother wins £60,000 over Morrisons discrimination
Donna Patterson said the supermarket had mistreated her after she returned to work from maternity leave.
UK battery firm Britishvolt near collapse as seeks funding
Britishvolt is understood to be facing administration after failure to get funding for a gigafactory.
Sunday, October 30, 2022
Michael Gove commits to 300,000 homes target
Former PM Liz Truss had cast doubt on the aim, saying she would scrap "Stalinist" housing targets.
Apple: Chinese workers flee Covid lockdown at iPhone factory
Video shared online shows people jumping a fence to escape the plant, owned by Foxconn, in Zhengzhou.
Ukraine war: Russia halts grain deal after 'massive' Black Sea Fleet attack
The UN says it is vital not to imperil the deal, as Ukraine accuses Russia of "using a false pretext".
Philip Hammond: Raise taxes for all to improve services
The former chancellor says all earners will need to see higher taxes if public services are to improve.
New ground as tech aims to help boost soil health
As much of the world's earth has been degraded, efforts are being made to improve matters.
Octopus Energy to take over collapsed supplier Bulb
Bulb's 1.5 million customers will not experience any change to energy supplies, the UK government says.
Friday, October 28, 2022
'You think twice about driving': Fuel prices rise again
The rise in diesel and petrol prices is having a particularly tough impact in rural areas.
What next for Twitter under Elon Musk?
The BBC's technology editor looks at the path ahead for the tech company and the billionaire.
National Highways apologises over smart motorway sign failure
Drivers reported "mile upon mile" of lane closure warnings and "unreadable" overhead signs.
Giant UK gas storage site reopened ahead of winter
Centrica is reopening its Rough gas storage facility to increase the UK's capacity by 50%.
Thursday, October 27, 2022
Investors dump Amazon as economy concerns grow
The tech giant warned of slower growth as shoppers return to bricks and mortar stores.
Why are so many workers going on strike?
Hundreds of thousands of workers have walked out, or threatened to, causing widespread disruption.
Cost of living: NUS says university unions ramping up food help
The NUS says more and more students are struggling to pay for food as rent and bills go up.
'Uninvited' Kanye West escorted out of Skechers
The controversial rapper tried to film at the shoe brand's LA headquarters but was asked to leave.
Shell beats forecasts as profits more than double
The energy giant reported $9.5bn in profits though growth is slower than record figures this year.
Wednesday, October 26, 2022
World 'faces first truly global energy crisis', report says
Russia's invasion of Ukraine will have long-lasting effects on energy supply and markets, a new report says.
Cost of living: Young professionals targeted by investment scams
Young professionals hit by the cost of living are being targeted by scams suggesting money-making schemes.
UK tax and spending plan pushed back by two weeks, says Hunt
The much-anticipated statement will now take place on 17 November, the chancellor says.
Pound holds gains after delay to economic plan
The currency has rallied against the dollar in recent days, and rose further on Wednesday.
Moving electric Mini production to China unfortunate, minister says
The first electric Mini was built in Oxford in 2020 but BMW is shifting production out of the UK.
Heathrow warns normal passenger levels years away
The airport says it is unlikely to see passenger numbers return to pre-pandemic levels for years.
China Covid: Universal Resort shuts due to Beijing coronavirus cases
The park did not say when it would reopen, but pledged to refund or reschedule tickets.
Tuesday, October 25, 2022
Energy bill help for all is too expensive, warns the World Bank
Some Covid help was not targeted enough and the same is happening with energy bills, its president says.
Google and Microsoft hit by slowing economy
The tech giants say customers are cutting back amid growing signs of an economic downturn.
Rishi Sunak: What will the new PM mean for my money?
The new prime minister says there are "difficult decisions to come" and that could affect our finances.
Adidas cuts ties with rapper Kanye West
The fashion giant said it does "not tolerate antisemitism" after the rapper's recent remarks.
WhatsApp down for users across the UK and world
Users are complaining that they are unable to send messages from the Meta-owned platform.
Can Sunak steer economy through 'profound crisis'?
The new prime minister must restore market credibility, tackle inflation and drive growth.
Monday, October 24, 2022
Energy crisis pushing people onto prepayment meters, says Uswitch
Uswitch says prepayment meter users are more likely to be vulnerable and at risk of disconnection.
US charges alleged Chinese spies in telecoms probe case
US officials believe China tried to obstruct an investigation, steal technology and intimidate dissidents.
Rishi Sunak: The most urgent problems facing the new prime minister
Rishi Sunak, the fifth Conservative prime minister in seven years, inherits many pressing challenges.
First-time buyers hit by drop in mortgage deals
Those with smaller deposits are likely to have less choice from lenders, figures show.
UK doomed without Brexit rethink, warns Tory backer
Financier Guy Hands claims the UK is facing an IMF bailout because of the way its EU exit was negotiated.
Sports Direct-owner Frasers lifts Asos and Hugo Boss stakes
Frasers Group is now the fourth-largest shareholder in Asos, which owns the Topshop brand.
Sunday, October 23, 2022
Pound steady as Rishi Sunak seen on track to become PM
Sterling initially rose against the dollar after Boris Johnson dropped out of the leadership contest.
What we just learned about China's economy
On Monday, the country announced economic growth figures, after they were postponed last week.
Royal Mail: 100 days left to use stamps without a barcode
Royal Mail says everyday stamps that do not have a barcode will no be longer valid after 31 January.
UK faces tougher austerity era, ex-Bank chief warns
Former Bank of England governor Lord King says people could face "significantly higher taxes".
Cost of living: Why more Australians are giving up their pets
The cost of pet food has soared in Australia due to the pandemic and the Ukraine war.
Saturday, October 22, 2022
Dietrich Mateschitz: Red Bull co-owner & energy drink giant dies aged 78
Red Bull co-owner Dietrich Mateschitz, a major global business figure as a result of his energy drinks empire, dies aged 78.
Avanti West Coast rail services axed amid strike action
Only one Avanti service per hour will run from London to Manchester, Liverpool and Glasgow.
Friday, October 21, 2022
Moody's: UK's economic outlook now 'negative', ratings agency says
Political instability and high inflation in the country means it is less likely to pay back debts, the ratings agency says.
Spain lifts final Covid rules for UK travellers
British holidaymakers will no longer have to provide Covid or vaccination status to get into Spain.
Tesco raises meal deal price as food costs soar
It is the first time in 10 years the popular lunch choice has gone up for all customers.
Falling pound: What does it mean for me and my finances?
The pound has fallen against the dollar as the UK's financial and political turmoil continues.
UK economy hit as people shop less than pre-Covid
It comes as government borrowing rose in September, according to the Office for National Statistics.
Thursday, October 20, 2022
‘I worry about affording rent’
Average monthly rents reach £1,162 outside London, leaving renters like Ben McNeil counting the cost
Amazon could pay UK shoppers £900m compensation
A group-action claim alleges Amazon breached competition law and caused customers to pay higher prices.
Amazon workers fail to reach strike threshold in historic UK ballot
GMB says it was three votes short of reaching the 50% threshold needed for industrial action.
Mortgage rates hit fresh 14-year highs
Average two- and five-year fixed rates have jumped to 6.65% and 6.51% respectively.
Investors remain calm despite political chaos
One analyst says investors are "watching in a kind of stunned, open-mouthed horror" at political events.
Wednesday, October 19, 2022
Hong Kong shares hit lowest level since 2009
Shares slumped after a major speech by the city's leader and as investors fret about a global slowdown.
Amazon's Jeff Bezos in economy warning: 'Batten down hatches'
With economic gloom on the US's horizon, the tech giant's boss points out warning signals.
Joe Biden's unusual fight to bring down gas prices
The US president has gone to unusual lengths to try to rein in the price of fuel.
Inflation: Food bills see price rises return to 40-year high
Inflation - a measure of price rises - inched up again in September, matching the 40-year high seen in July.
Tuesday, October 18, 2022
Kakao outage: Co-chief executive quits South Korea internet giant
A fire shut down Kakao's messaging, banking and gaming services for more than eight hours on Saturday.
Netflix: How did the streaming service turn its fortunes around?
The streamer has grown its subscriber base after two consecutive quarters of losses.
HSBC climate change adverts banned by UK watchdog
The regulator said the bank "omitted significant information" about its contribution to harmful emissions.
UK's mini-budget U-turn welcomed by IMF
The reversal of the government's tax cuts will help the UK fight soaring inflation, the IMF says.
Mini-budget scrapped: A simple guide to why plan was dropped
Eight steps to understand why the financial turmoil matters to mortgage payers and everyone else.
Nord Stream blast 'blew away 50 metres of pipe'
Danish police say explosions damaged two pipelines built to bring Russian gas to Germany.
Warning energy bills may rise above £4,000 in April
The prediction from analysts comes as the government scales back its two-year promise to cap bills.
UK workers face a two decade-long wage squeeze, says TUC
The outgoing head of the TUC warns people have been pushed to "breaking point" with no real pay rises.
Monday, October 17, 2022
China congress: Beijing delays key economic figures as leaders meet
Closely-watched growth data for the world's second largest economy was due to be released on Tuesday.
Plan to lift banker bonus cap to go ahead
Jeremy Hunt dismantled much of the mini-budget, but has kept scrapping the cap on banker's bonuses.
Two thirds of tax cuts from mini-budget reversed
New chancellor Jeremy Hunt said "almost all" of the cuts announced by his predecessor in September would go.
What Jeremy Hunt's statement means for you
The new chancellor has outlined a host of policy changes. This is how is affects your finances.
Sunday, October 16, 2022
Chancellor to fast track tax and spending measures
The move is designed to help reassure jittery markets before they open in London this morning.
Star casino: Record fine for Australian operator over money laundering
An inquiry earlier this year found "breathtaking" misconduct by The Star Entertainment Group.
Pound moves higher in Asia trade after U-turns
The British currency gained 0.5% against the US dollar in early Asia trading on Monday.
Tesco warns public faces hardship in wake of interest rates rise
John Allan told the BBC he feels a "moral responsibility" to help those affected by rates going up.
Jeremy Hunt to join Liz Truss at Chequers for talks on economic plans
The new chancellor warns of "very difficult decisions" as he heads to Chequers to hold talks with the PM.
Saturday, October 15, 2022
Bank of England chief warns of fresh interest rate hike
Andrew Bailey also describes his conversations with Chancellor Jeremy Hunt as a "meeting of minds".
Electric Mini production to move to China
The first electric Mini was built in Oxford in 2020, but most will now be made in China.
Thursday, October 13, 2022
Kanye West: JP Morgan Chase cuts ties with rapper
The US bank's decision to end its relationship with the rapper precedes recent controversies.
Japanese yen touches 32-year low against US dollar
US currency jumped in value against major world currencies after higher-than-expected inflation data.
Mini-budget U-turn on the table as pressure mounts
Chancellor Kwasi Kwarteng is returning early from the US for crunch talks about the mini-budget.
France sends Germany gas for first time amid Russia energy crisis
The new flow was sent in "European solidarity" after Russia cut energy supplies to Europe.
Electricity prices vary by nearly 4p per unit
People in North Wales and Mersey pay the highest rate for their electricity, new figures reveal.
Fujitsu: How a Japanese firm became part of the Post Office scandal
The story of how a software firm based thousands of miles away became embroiled in the UK scandal.
Kwasi Kwarteng: I'm not going anywhere, says chancellor
Asked whether he could U-turn on parts of his mini-budget, Kwasi Kwarteng says "our position hasn't changed".
Housing slowdown warning after mortgage rates rise
The warning comes as the Bank of England says the number struggling to pay mortgages could hit a 15-year high.
Great British Railways: Fears planned rail body could be axed
The Rail Forum says it fears government plans to overhaul the system might not go ahead.
Wednesday, October 12, 2022
Cough syrup scandal: India production halted after Gambia child deaths
Maiden Pharmaceuticals broke rules "across its manufacturing and testing activities," regulators found.
Royal Mail workers walk out in first of 19 days of strikes
No letters will be sent during the strike, but medical deliveries will be prioritised.
‘My bus ticket was more than I got paid an hour’
The minimum wage has gone up by less for those under 20 than for older workers since 2016.
Savings rates hot up after years of low returns
Providers are leapfrogging each other on top savings rates as they try to raise money to lend.
Tuesday, October 11, 2022
Uber and Lyft shares slump on US 'gig' economy plan
Tens of millions of people work in the global gig economy across services like food delivery and transport.
Government plans cap on renewable energy revenues
Ministers say the move would ensure consumers and businesses pay a fair price for energy.
Netflix signs up to ratings body Barb
It means the streaming giant's viewing figures will be measured by an external body for the first time.
TikTok profits from livestreams of refugees begging
Children are among those pleading for hours for digital gifts, as the company takes a cut of up to 70%.
UK businessman charged with 'helping Russian oligarch evade sanctions'
Graham Bonham-Carter is accused of helping oligarch Oleg Deripaska to evade US-imposed sanctions.
Mark Zuckerberg reveals new Quest Pro VR headset
Facebook-owner Meta has revealed a new VR headset as part of its continued metaverse push.
Unemployment at lowest rate in nearly 50 years
The jobless rate fell to 3.5%, figures show, but pay is failing to keep up with rising living costs.
Bank of England steps in again to calm markets
The Bank will buy a wider range of bonds to calm markets after government borrowing costs soared.
Monday, October 10, 2022
Australians arrested over alleged Sri Lanka bribes for lucrative contracts
It follows a decade-long investigation with several countries into lucrative business contracts.
Asia chipmaker shares slide after US curbs on China
On Friday, Washington announced new rules to restrict sales of semiconductor technology to China.
Air France Crash: Aviation bosses heckled as trial begins
Relatives of those who died in the Air France crash yelled "shame" as the trial started in Paris.
People stock up on blankets and air fryers ahead of winter
But despite this, an industry body says overall retail sales volumes continued to fall in September.
Post Office and Fujitsu to face inquiry over Horizon scandal
The public inquiry is taking further evidence as it investigates the wrongful convictions of postmasters.
Ben Bernanke, former US Federal Reserve chief, wins Nobel Prize
Ben Bernanke, who led the Fed through the financial crisis, scooped the award as part of a trio.
Sunday, October 9, 2022
Widespread disruption as ScotRail strike goes ahead
Passengers face 24 hours of limited services after ScotRail RMT members rejected the latest pay offer.
Ticketmaster demand-based pricing system criticised
New dynamic pricing model is designed to stop touts from profiting on the secondary market.
Musk on China-Taiwan: Beijing praise and Taipei criticism over comments
Tesla chief executive Elon Musk said Taiwan should become a special administrative zone of China.
Post Office handles more cash as banks close and prices rise
Bank closures and rising prices mean more people are turning to the Post Office for cash.
Greg Hands named trade minister after Conor Burns sacking
The MP had backed Liz Truss's rival for PM but his appointment comes amid calls for party to unite.
Scottish airline Loganair goes on the market
The UK's largest regional airline is being sold with the hope of new owners taking over by mid-2023.
Energy use advice campaign pulled due to cost, Zahawi says
The cabinet minister tells the BBC the public information campaign would have cost up to £15m.
Saturday, October 8, 2022
How to cut your energy bills
Energy bills have gone up, but there are some easy ways households can reduce costs.
Cost of living: Off-grid businesses are being forgotten
The owner of Caws Teifi Cheese wants more help for companies who use oil or liquefied petroleum gas.
Renewable energy: Government plans for price cap is risky, firms warn
A government limit on electricity generated in older renewable and nuclear facilities is expected this week.
Friday, October 7, 2022
Rail strikes: Only one-in-five trains to run in latest action
Rail passengers across Britain are urged to avoid travel on Saturday unless absolutely necessary.
Avanti West Coast gets short-term contract renewal
The Department for Transport says the train operator has to "drastically improve services".
Thursday, October 6, 2022
UK defies climate warnings with new oil and gas licences
More than 100 licences are expected to be granted for new fossil fuel exploration in the North Sea.
Adidas puts Kayne West Yeezy deal under review
Earlier this week, the rapper and fashion designer wore a t-shirt that read "White Lives Matter".
Samsung warns of 32% hit to profits on chip slump
Meanwhile, US chip maker AMD said its third quarter revenue would be $1bn less than forecasts.
Homeowners 'tearing their hair out' over rising rates and rents
Whether letting or living in their homes, mortgages are pushing up the cost for many people.
The farmers caught up in Taiwan's tensions with China
Taiwanese fruit growers are unable to sell their crop after Beijing banned their importation.
Electricity: NI could face blackouts by 2024, officials say
The grid operator has warned that action needs to be taken over issues with Kilroot power station.
Kwasi Kwarteng to meet bank chiefs as mortgage rates soar
Major lenders are to meet the chancellor as mortgage rates soar and choice is limited.
Avanti West Coast: Mayor urges pressure to be put on train firm
Andy Burnham calls on the transport secretary to insist upon two London-Manchester trains per hour.
Wednesday, October 5, 2022
Maiden Pharmaceuticals: WHO links Gambia deaths to India-made cough syrups
The WHO said the medicinal syrups may be connected with the deaths of 66 children in Gambia.
Covid: Hong Kong to lure tourists with 500,000 free air tickets
UK-based Virgin Atlantic said on Wednesday it will stop its Heathrow-Hong Kong services after 30 years.
Apple iPhone: Can India be China’s ‘plus one’ to the world?
Can India become the new manufacturing hub as global firms try to reduce their dependence on China?
CEO Secrets: What's a modern boss to wear?
Business leaders consider how the move towards more informal clothing attire at work affects them.
Faisal Islam: Truss plan must tackle more than taxes
The prime minister wants to be judged on boosting economic growth, but how easy will that be to deliver?
Oil price rises after Opec oil producers cut output
The move, which reflects a slowing global economy, is expected to raise oil prices around the world.
Elon Musk, Twitter and the mysterious X app
The story of Musk buying Twitter, and how it began with "X, the everything app".
Average two-year mortgage rate highest for 14 years
A typical two-year fixed rate deal has breached the 6% mark for the first time since November 2008.
Tesco: People watching every penny to make ends meet
The UK's largest supermarket chain has announced a further boost to pay for its UK workers.
Tuesday, October 4, 2022
Elizabeth Holmes: Theranos founder gets hearing on new trial
Elizabeth Holmes requested a new trial after claiming federal prosecutors presented misleading evidence.
Five reasons why China's economy is in trouble
President Xi Jinping faces his greatest challenge yet ahead of a historic Communist Party meeting.
More rail disruption expected as 9,000 train drivers strike
Aslef union members at 13 rail companies will walk out on Wednesday in a row over pay and conditions.
Pound hits two-week high after debt plan U-turn
Kwasi Kwarteng is bringing forward details of how he will cut debt to try and reassure investors.
Monday, October 3, 2022
Philippines lottery: Questions raised as hundreds win jackpot
This is the most number of winners the Philippines has seen in its history, according to local media.
Zelensky and Musk in row over Ukraine 'peace plan poll'
The Tesla boss asked followers to vote on his ideas to end Russia's invasion, prompting criticism.
Can electrical stimulation improve your gym workout?
Whole-body EMS suits are the new big thing in fitness, but do they work?
Chancellor Kwasi Kwarteng to set out debt plan earlier than planned
The chancellor will publish plans "shortly" after pressure to calm markets over his mini-budget.
Sunday, October 2, 2022
Can electrical stimulation improve your gym workout?
Whole-body EMS suits are the new big thing in fitness, but do they work?
Drax: UK power station owner cuts down primary forests in Canada
The owner of the UK's biggest power station, Drax, is cutting down key forests in Canada.
Finland wants to transform how we make clothes
Firms behind innovative fibres says they can make fashion a more sustainable business.
Tory conference: We must stay the course, insists Chancellor Kwasi Kwarteng
Kwasi Kwarteng will defend his tax cuts during his Conservative Party conference speech.
Liz Truss: The prime minister's claims about the economy fact-checked
Prime Minister Liz Truss made claims on growth, borrowing costs and mortgage rises.
Ground should have been laid for tax cuts, admits Liz Truss
But the prime minister says she sticks by her mini budget, despite a bad reaction from the markets.
Friday, September 30, 2022
Train strikes: What are the dates and where is affected?
Thousands of transport workers are striking in an ongoing row over pay, jobs and conditions.
Liz Truss admits disruption after tax cut pledges
The prime minister acknowledges that her economic plans will "involve disruption in the short term".
New growth figures suggest UK not in recession
Output grew in the second quarter of this year, data shows, contrary to the initial estimate of a contraction.
Thursday, September 29, 2022
Nike feels squeeze from strong dollar and discounts
The sportswear giant's shares fell by more than 9% in after-hours trading in New York.
King Charles: New coins featuring monarch's portrait unveiled
Centuries of tradition are followed as King Charles faces left - the opposite way to the Queen.
US points finger at Russia over gas pipeline sabotage
US Energy Secretary Jennifer Granholm tells the BBC its unlikely Nord Stream leaks are coincidence.
Cost of living: Energy bills set to rise but help cushions blow
A two-year government-set cap means price rises taking effect on Saturday are lower than initially expected.
Mini-budget: PM to meet head of OBR following market turmoil
Liz Truss and the chancellor will meet the OBR as a group of MPs call for its forecast to be released.
Wednesday, September 28, 2022
Energy bills: Householders urged to read meters before October price rise
The average annual household energy bill in the UK will rise from £1,971 to £2,500.
Thousands complain to HMRC about tax repayments
The number of people complaining to HMRC about companies claiming tax repayments on their behalf has tripled in two years, a BBC investigation finds.
Can my mortgage offer be withdrawn? And other questions
BBC News personal-finance correspondent Kevin Peachey answers your mortgage questions.
Rail strikes: Passengers urged not to travel during walkout
Network Rail say just one in 10 services will run and some areas will have no trains on Saturday.
Bank emergency move driven by pension fund fears
The huge tax cutting plans in Friday's mini-budget sparked unprecedented moves in financial markets.
Emergency Bank move will not solve the problem
This is a huge intervention that will buy the government time but not solve its problems.
Tuesday, September 27, 2022
Wall Street firms fined $1.8bn over staff messages
Barclays, UBS and Goldman Sachs were among the 16 firms named by regulators in the probe.
Cost of living: Margarine prices rise, but blueberries get cheaper
Food inflation soared to its highest rate on record in September, according to an index.
IMF sounds alarm on UK tax cut plans
The UK government proposals will work at "cross purposes" with the cost-of-living fight, the IMF says.
Royal Mail workers to hold 19 days of strike action
It will cover the Christmas build-up, including key shopping days Black Friday and Cyber Monday.
Irish budget: Finance minister unveils tax 'giveaways'
Paschal Donohoe says he is in a position to do so because the country has a large budget surplus.
Nord Stream: Mystery leaks in Russia gas pipelines spark warnings
The Nord Stream undersea gas network to Europe has sustained "unprecedented" damage in recent days.
Monday, September 26, 2022
Cost of living: Millions forced to turn to second jobs, report finds
More than five million people have taken on additional jobs, according to a report by Royal London.
Russia's gas pipeline leaking into Baltic Sea - Denmark
Denmark sets up a banned zone near the Bornholm island, where a Nord Stream 2 leak is reported.
Mortgage lenders halt some deals after pound falls
Two lenders, Virgin Money and Skipton, say they will stop mortgage offers to new customers.
Bank will 'not hesitate' to hike interest rates after pound's fall
The Bank of England will not hold an emergency meeting to set interest rates after the pound fell.
TikTok may be fined £27m for failing to protect children
The video-sharing platform has been issued with a final notice of intent by the UK's data watchdog.
Doncaster Sheffield Airport to close despite financial lifeline offer
Doncaster Sheffield Airport owner Peel says the wind-down will begin on 31 October.
Aldi boss: Shoppers are 'switching in their droves'
The discounter gains 1.5 million new customers in 12 weeks, says UK chief executive Giles Hurley.
Sunday, September 25, 2022
Labour rival Tories with industry plan for economic growth
The shadow chancellor will pledge to boost UK industry by investing in green energy and technology.
Pound slumps to all-time low against dollar
Sterling plunged by 4% in early Asia trade to the lowest level since decimalisation in 1971.
Electric car charging costs nearing petrol prices for some - RAC
The RAC suggests the soaring cost of charging an electric car could soon put people off buying them.
Keir Starmer: Labour would reverse cut to top income tax rate
Scrapping the 45% rate is the "wrong choice" during a cost-of living crisis, the Labour leader says.
Kwasi Kwarteng: I want to keep cutting taxes
Tax cuts will help to boost growth, says chancellor, as government also looks at relaxing immigration.
Saturday, September 24, 2022
Tax cuts: Kwasi Kwarteng's measures benefit richest, Labour says
The government is taking a dangerous gamble, Angela Rayner says, but ministers argue tax cuts will get the economy growing.
Friday, September 23, 2022
Goldman Sachs: Sexual assault claims revealed in pay bias suit
Goldman Sachs is accused of "boys' club" culture that discriminated against women.
'We'll be lucky to keep our heads above water'
The BBC talked to households and businesses to get their reactions to the mini-budget.
Pound sinks as markets react to mini-budget
UK stocks also fell after the chancellor outlined a series of tax cuts and economic measures.
Chancellor Kwasi Kwarteng hails 'new era' as he unveils tax cuts
Kwasi Kwarteng announces the biggest tax cuts since 1972 in a major change of economic policy.
Thursday, September 22, 2022
737 MAX: Boeing to pay $200m over charges it misled investors
US regulators said the firm and its former boss misled investors following two fatal crashes.
Bosses think workers do less from home, says Microsoft
A new survey from Microsoft suggests that workers and bosses disagree about productivity.
UK fracking ban lifted, government announces
Scientific review into fracking concludes there is still a limited understanding of impacts.
Wednesday, September 21, 2022
Sri Lanka: Inflation rate jumps to 70.2% in August
The South Asian nation is facing its worst economic crisis since independence from the UK in 1948.
Trumps inflated net worth by billions, says NY state lawsuit
Along with three of his children, the ex-president is accused of lying to "unjustly enrich himself".
Universal Credit rules to be tightened under chancellor's plans
Chancellor Kwasi Kwarteng is expected to announce a welfare shake-up to 'get Britain working again'.
Plan to lift fracking ban with review of seismic level
A report on the risk of fracking-linked earthquakes is due as ministers seek to boost energy supplies.
Ring doorbell inventor shares advice... about advice
Jamie Siminoff, inventor of the Ring wireless doorbell, shares his advice for the CEO Secrets series.
BT Group: Hundreds of 999 call handlers to join strikes
Emergency call centre staff will join 40,000 BT workers walking out in October, their union says.
Inflation pushes UK debt interest costs to August record
Government borrowing reached £11.8bn last month, the highest August figure since records began.
Covid: Reserve Bank of Australia takes $30bn hit on bond purchases
The Reserve Bank of Australia's deputy governor says the loss will not effect its normal operations.
Tuesday, September 20, 2022
Recession: Is the US heading into an 'ugly' downturn?
With stocks tanking and grocery bills high, many Americans feel like the economy is in a recession.
Business energy bills could be cut by a third under government plan
Jacob Rees-Mogg is expected to announce a cap on wholesale energy costs for business customers.
Cost of living: Students struggling with impact of soaring prices
One student tells the BBC of the isolating effect of running out of cash while studying at university.
Monday, September 19, 2022
Beyond Meat: Vegan food executive accused of biting man's nose
Beyond Meat's Douglas Ramsey reportedly got into a row after an American football match in Arkansas.
Reliance Industries: Daughter rises in Mukesh Ambani’s succession plan
Isha Ambani has been groomed to join the Reliance empire, unlike other women in her family.
After 'slow start', US companies embrace refugees
As the world's refugee crisis is pushed to the brink, some corporations finally start to respond.
Grand Theft Auto VI footage leaked after hack, developer Rockstar confirms
More than 90 images and videos were leaked from the franchise's next instalment, developer Rockstar confirms.
Off-gridders take energy needs into their own hands
Natural disasters have spurred some communities and homeowners to generate their own electricity.
Will Liz Truss's economic plans make us richer?
The chancellor will unveil tax cuts on Friday as part of a bid to boost the UK economy.
Queen's funeral: Mourners face severe rail delays to London and Windsor
No trains are running in or out of London Paddington as mourners descend on London and Windsor.
Sunday, September 18, 2022
Porsche IPO: Luxury car maker valued at up to $75bn in share sale
The stock market flotation is set to be Germany's second-largest ever initial public offering.
eBay bans sale of Queen lying-in-state wristbands
Different coloured bands which mark mourners' place in the queue were being offered as memorabilia.
Friday, September 16, 2022
Uber investigating hack on its computer systems
A hacker was apparently able to gain access to the company's internal systems.
French air traffic control strikes affect thousands of passengers
Hundreds of flights are cancelled on Friday, affecting tens of thousands of passengers.
Thursday, September 15, 2022
World Bank: Global rate hikes could trigger 2023 recession
The warning comes ahead of monetary policy meetings by the US Federal Reserve and Bank of England.
Michael Jordan's 'Last Dance' jersey fetches record $10.1m
It was reminiscent of a season where Jordan won his sixth and final NBA title with the Chicago Bulls.
Amazon workers in Coventry 'making history' with strike ballot
Staff at the Coventry warehouse are voting on whether to strike amid a row over a pay offer.
US mortgage rates hit 14-year high as inflation soars
For families hoping to buy a home, the moves compound affordability problems.
Supermarket petrol stations to be closed most of Monday
Tesco, Sainsbury's, Asda and Morrisons will shut forecourts before some reopen in the evening.
Tax-cutting mini Budget on Friday next week
Questions had been raised over when the "fiscal event" would take place after the death of the Queen.
Wednesday, September 14, 2022
South Korea 'cryptocrash' boss faces arrest warrant
Do Kwon is behind the Terra Luna and TerraUSD cryptocurrencies that plunged in value in May.
Patagonia: Billionaire boss of fashion retailer gives company away
Yvon Chouinard will give all of the fashion company's profits to a charity fighting climate change.
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