UK Business News
UK forecast for slowest growth of richest nations next year
Thu, 02 May 2024 09:10:04 GMT
The UK economy will remain “sluggish” due to the impact of interest rate rises, the OECD says.
US warns rates to stay high as it battles inflation
Thu, 02 May 2024 06:54:53 GMT
The US central bank has left interest rates unchanged again, noting a "lack of further progress" on inflation.
Uber faces £250m London black cab drivers case
Thu, 02 May 2024 08:38:29 GMT
The case against the US-based ride-hailing giant is being brought on behalf of over 10,800 drivers.
Apple working to fix alarming iPhone issue
Wed, 01 May 2024 16:13:55 GMT
Users have been reporting unexpected lie-ins after the alarms on their phones failed to go off.
The insect farmers turning to AI to help lower costs
Wed, 01 May 2024 23:05:47 GMT
Makers of insect-based animal feed hope to be able to compete with soybeans on price.
Building gigafactory 'going to be a wild ride'
Thu, 02 May 2024 05:35:55 GMT
The CEO of what will be the UK's biggest electric car battery plant says he's 'up for the challenge'.
House prices fall as lenders raise mortgage rates
Wed, 01 May 2024 08:32:01 GMT
The Nationwide says the average cost of a home was down 4% on the peak seen in the summer of 2022.
J&J hopes for deal with third talc settlement
Wed, 01 May 2024 20:27:28 GMT
The firm has set aside about $11bn to address claims its talc products caused cancer.
Tesla staff say entire Supercharger team fired
Wed, 01 May 2024 13:17:07 GMT
The division responsible for the car-maker's huge fast-charging network is being axed to cut costs.
Ex-Camelot boss named as new Post Office chairman
Wed, 01 May 2024 12:30:00 GMT
Nigel Railton is confirmed as interim chairman of the Post Office after Henry Staunton's sacking.
Belarus firm accused of bypassing UK sanctions
Wed, 01 May 2024 14:30:22 GMT
MP claims a garage door parts company is getting round import bans imposed after Russia's invasion of Ukraine.
Amazon Prime ads help tech giant drive profits
Tue, 30 Apr 2024 23:10:39 GMT
The tech giant did better than expected in many areas of its business.
Beijing tightens grip on China social media giants
Wed, 01 May 2024 07:46:00 GMT
Changes to China's State Secrets Law requires internet firms to monitor information shared by users.
Tens of millions secretly use WhatsApp despite bans
Tue, 30 Apr 2024 23:14:38 GMT
Will Cathcart reveals how many people are secretly using his app in countries where it is banned.
Telegraph up for sale after takeover collapses
Tue, 30 Apr 2024 15:31:43 GMT
The ownership of the Daily and Sunday Telegraph was set to be transferred to a Abu Dhabi-backed bid.
Binance crypto boss sentenced to 4 months in prison
Tue, 30 Apr 2024 19:18:02 GMT
Changpeng Zhao, head of world's largest crypto platform, pleaded guilty to breaking US money laundering laws.
Postmasters tried 'to get away with' blaming IT - expert
Tue, 30 Apr 2024 17:05:16 GMT
Post Office inquiry sees an internal email from 2010 sent by an expert on the ill-fated Horizon system
Premier Inn owner Whitbread to cut 1,500 jobs
Tue, 30 Apr 2024 12:46:03 GMT
The company plans to sell or close more than 200 restaurants and expand its hotel business.
Tatti Lashes: The school friends who built a beauty empire
Tue, 30 Apr 2024 23:31:19 GMT
Charlotte Tiplady and Elliot Barton explain how together they built up their Tatti Lashes beauty empire from Liverpool.
Chinese women are teaming up with strangers to save money
Wed, 01 May 2024 00:12:53 GMT
They are finding new ways to cut back on household spending as China’s economy loses steam.
India's economy: The good, bad and ugly in six charts
Tue, 30 Apr 2024 23:40:15 GMT
India has one of the world's fastest growing economies but the benefits are yet to fully reach the poorest.
Migrants hit by high fees to send money home
Mon, 29 Apr 2024 23:08:44 GMT
Sending money across borders, particularly in Africa, can still be expensive.
Why green steam is a hot issue for business
Thu, 25 Apr 2024 23:36:47 GMT
Steam is still needed in many industries, but much of it is still made with fossil fuels.
How robots are taking over warehouse work
Tue, 23 Apr 2024 01:17:00 GMT
At Ocado's newest warehouse robotic arms are helping to pack customer orders.
How Chinese firms are using Mexico as a backdoor to the US
Sun, 21 Apr 2024 23:01:19 GMT
Chinese firms are racing to set up factories in Mexico to bypass US tariffs and sanctions.