Business

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Laura Ashley to close 40 UK stores amid a push into China
Posted on December 17, 2018 at 3:05 am

The British High Street store is struggling in the UK and wants to build its presence in China. […]

Workplace reforms 'will protect gig economy workers'
Posted on December 17, 2018 at 2:56 am

"Gig economy" workers will be better protected by a package of reforms, the government says. […]

Lord Sugar hires his Apprentice for 2018
Posted on December 17, 2018 at 1:29 am

Did swimwear designer Sian Gabbidon or nut milk entrepreneur Camilla Ainsworth win? […]

HS2: MPs had 'enormously wrong' cost estimate, says whistleblower
Posted on December 17, 2018 at 12:42 am

A former HS2 boss says an early cost estimate MPs had was wrong by hundreds of millions of pounds. […]

FCA under fire over Lloyds compensation scheme
Posted on December 17, 2018 at 12:40 am

A group representing small firms says there is no oversight of a scheme for fraud victims. […]

'If you can do something yourself, do it yourself'
Posted on December 17, 2018 at 12:26 am

Ariel Booker, co-founder of CanO Water, says many firms often spend money unnecessarily on things that won't help them. […]

'I gave myself two weeks to come up with a business idea'
Posted on December 17, 2018 at 12:18 am

How Payal Kadakia set up and built fitness class booking website ClassPass, which is now said to be worth $470m. […]

Restaurant insolvencies jump as diners stay at home
Posted on December 17, 2018 at 12:07 am

The number of businesses going bust surges as diners stay at home, new figures show. […]

Nuisance call bosses face £500,000 fines
Posted on December 17, 2018 at 12:01 am

New rules will target directors of companies who make unsolicited calls to consumers. […]

HQ Trivia and Vine co-founder Colin Kroll dead at 34
Posted on December 16, 2018 at 10:18 pm

New York police officers went to Colin Kroll's Manhattan flat after a request to check on him. […]

PewDiePie printer hackers strike again
Posted on December 16, 2018 at 2:59 pm

The perpetrators are urging victims to support the YouTube star and protect their systems. […]

Ministers deny planning no-deal Brexit holiday warnings
Posted on December 16, 2018 at 10:52 am

Downing Street dismisses reports families will be advised not to book EU travel after March 2019. […]

Bad weather hits Christmas shopping on the High Street
Posted on December 16, 2018 at 8:48 am

Icy temperatures and the lure of online shopping hit pre-Christmas retail sales. […]

What can New Zealand teach us about Brexit?
Posted on December 16, 2018 at 12:31 am

What lessons can the we learn from the economic ructions suffered by New Zealand in 1973 when the UK joined the EEC? […]

Could student loans ruling mean the system is redesigned?
Posted on December 16, 2018 at 12:21 am

The ONS is about to announce how it will treat student loans in the national accounts. Will it lead to changes in student finance? […]

Brexit Basics: The single market explained
Posted on December 16, 2018 at 12:14 am

Confused by Brexit jargon? Reality Check unpacks the basics. […]

New £50 bank note 'must recognise ethnic minorities'
Posted on December 16, 2018 at 12:05 am

Stars and politicians are campaigning for a non-white scientist to feature on the new £50 note. […]

What's knocked markets off course?
Posted on December 14, 2018 at 10:02 pm

Financial markets had seen smooth sailing in recent years. But it looks like that's over. […]

BHS ex owner Dominic Chappell failed to give pension information
Posted on December 14, 2018 at 5:17 pm

The man who bought BHS for £1 is fined for not providing documents about the collapsed chain's pension schemes. […]

Virgin Galactic's SpaceShipTwo: The view from the edge of space
Posted on December 14, 2018 at 9:43 am

Virgin Galactic's SpaceShipTwo rocket ship has made a successful test flight, 82.7km above the Earth's surface. […]

Branson: Hard Brexit would torpedo some Virgin firms
Posted on December 14, 2018 at 9:09 am

Sir Richard Branson has spoken out against a hard Brexit, warning it would be "an absolute disaster". […]

Christmas Jumper Day: Who wins, retailers or charity?
Posted on December 14, 2018 at 12:58 am

The festive campaign has become an annual event, but who's the real winner - retailers or charity? […]

How traffic lights became a million dollar idea
Posted on December 14, 2018 at 12:13 am

The BBC's Aaron Heslehurst explains how traffic lights became a million dollar idea. […]

Why your pizza may never be delivered by drone
Posted on December 14, 2018 at 12:06 am

The biggest obstacle to delivery drones isn't technology, it's regulation and public acceptance. […]

Marmite sprouts? Why retailers are pushing the boundaries with festive food
Posted on December 13, 2018 at 11:14 am

From pigs-in-blankets tea to Christmas tree crisps, retailers are pushing the boundaries with festive food. […]



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ABB to sell Power Grids to Hitachi, revamp business structure
Posted on December 17, 2018 at 6:19 am

ABB reached a deal with Japan's Hitachi to sell its Power Grids division, with the Swiss engineering group adding it plans to return net cash proceeds of $7.6-7.8 billion from selling the 80.1 percent stake in the unit to shareholders. […]

China trade steps seen as good start but leave core U.S. demands untouched
Posted on December 17, 2018 at 6:18 am

The United States has welcomed Chinese concessions since the two declared a trade war truce in early December, but trade experts and people familiar with negotiations say Beijing needs to do far more to meet U.S. demands for long-term change in how China does business. […]

Burnout, stress lead more companies to try a four-day work week
Posted on December 17, 2018 at 6:11 am

Work four days a week, but get paid for five? […]

Exclusive: Nissan probe into Ghosn trains lens on 'CEO Reserve' fund, Dutch unit
Posted on December 17, 2018 at 5:38 am

(This December 15 story was refiled to correct paragraph 9 to show date Nissan fired Ghosn as chairman as Nov. 22, not Nov. 26) […]

Australia bank NAB's CEO to take long holiday around inquiry report release
Posted on December 17, 2018 at 5:16 am

National Australia Bank Ltd said on Monday its CEO will take about two months leave around the scheduled release of a major report into the country's finance sector, prompting a rebuke from a shareholder group. […]

Taisho said to near $1.6 billion deal for Bristol-Myers's UPSA: Bloomberg
Posted on December 17, 2018 at 5:12 am

Japanese healthcare firm Taisho Pharmaceutical Holdings Co Ltd is said to be close to a $1.6 billion deal for Bristol-Myers Squibb Co's French over-the-counter drugs business UPSA, Bloomberg reported on Sunday, citing sources familiar with the matter. […]

Oil prices pressured by oversupply, global economic concerns
Posted on December 17, 2018 at 4:59 am

Oil prices were largely steady on Monday after falling 2 percent in the previous session, but remained under pressure amid weaker growth in major economies and concerns about oversupply. […]

Foxconn not in settlement talks with Qualcomm in Apple battle: attorney
Posted on December 17, 2018 at 4:58 am

The lead attorney for the group of Apple Inc device assemblers seeking at least $9 billion in damages from Qualcomm Inc said on Sunday the contract manufacturers are not in settlement talks with the mobile chip supplier and are "gearing up and heading toward the trial" in April. […]

Nissan board aims to boost governance post-Ghosn at Monday's meeting: sources
Posted on December 17, 2018 at 3:47 am

Nissan Motor's board is expected to meet on Monday, its first since firing chairman Carlos Ghosn last month, to decide on ways to improve governance at the automaker amid rising tensions with alliance partner Renault . […]

Hitachi to announce purchase of ABB's power grid business Monday: Nikkei
Posted on December 17, 2018 at 3:44 am

Hitachi Ltd and ABB will announce on Monday a plan for the Japanese conglomerate to buy the Swiss engineering group's power grid business, paying up to $7 billion for an initial 50 percent stake, the Nikkei business daily reported. […]