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Showing posts from October, 2022

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. URL: https://www.bbc.co.uk/news/business-63409687?at_medium=RSS&at_campaign=KARANGA The energy giant reported $9.5bn in profits though growth is slower than record figures this year. https://www.bbc.co.uk/news/business-63409687 Thu, 27 Oct 2022 06:28:27 GMT

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. URL: https://www.bbc.co.uk/news/business-63400384?at_medium=RSS&at_campaign=KARANGA Russia's invasion of Ukraine will have long-lasting effects on energy supply and markets, a new report says. https://www.bbc.co.uk/news/business-63400384 Thu, 27 Oct 2022 05:09:57 GMT

California's cannabis-growing nuns pray for profits

The income the Sisters of the Valley make from growing cannabis is at half its pre-pandemic level. URL: https://www.bbc.co.uk/news/business-63393214?at_medium=RSS&at_campaign=KARANGA The income the Sisters of the Valley make from growing cannabis is at half its pre-pandemic level. https://www.bbc.co.uk/news/business-63393214 Wed, 26 Oct 2022 23:07:33 GMT

Twitter: Elon Musk visits HQ as deal deadline looms

Elon Musk changed his Twitter bio to "Chief Twit" ahead of the Friday deadline to complete its acquisition. URL: https://www.bbc.co.uk/news/business-63408384?at_medium=RSS&at_campaign=KARANGA Elon Musk changed his Twitter bio to "Chief Twit" ahead of the Friday deadline to complete its acquisition. https://www.bbc.co.uk/news/business-63408384 Wed, 26 Oct 2022 22:19:30 GMT

Pensions: Downing Street refuses to commit to triple lock

Last week Rishi Sunak's predecessor said she was committed to raising pensions in line with prices. URL: https://www.bbc.co.uk/news/uk-politics-63407686?at_medium=RSS&at_campaign=KARANGA Last week Rishi Sunak's predecessor said she was committed to raising pensions in line with prices. https://www.bbc.co.uk/news/uk-politics-63407686 Wed, 26 Oct 2022 21:01:47 GMT

Facebook owner Meta sales continue to fall

The company has lost confidence of many investors, after shares have plunged roughly 60% this year. URL: https://www.bbc.co.uk/news/business-63406803?at_medium=RSS&at_campaign=KARANGA The company has lost confidence of many investors, after shares have plunged roughly 60% this year. https://www.bbc.co.uk/news/business-63406803 Wed, 26 Oct 2022 20:40:04 GMT

Cost of living: Young professionals targeted by investment scams

Young professionals hit by the cost of living are being targeted by scams with money-making schemes. URL: https://www.bbc.co.uk/news/business-63399127?at_medium=RSS&at_campaign=KARANGA Young professionals hit by the cost of living are being targeted by scams with money-making schemes. https://www.bbc.co.uk/news/business-63399127 Wed, 26 Oct 2022 11:46:56 GMT

Pound holds gains after delay to economic plan

The currency has rallied against the dollar in recent days, and rose further on Wednesday. URL: https://www.bbc.co.uk/news/business-63399651?at_medium=RSS&at_campaign=KARANGA The currency has rallied against the dollar in recent days, and rose further on Wednesday. https://www.bbc.co.uk/news/business-63399651 Wed, 26 Oct 2022 11:01:52 GMT

UK economic plan pushed back by two weeks, Jeremy Hunt says

The much-anticipated roadmap will now take place on 17 November, the chancellor says. URL: https://www.bbc.co.uk/news/uk-politics-63399803?at_medium=RSS&at_campaign=KARANGA The much-anticipated roadmap will now take place on 17 November, the chancellor says. https://www.bbc.co.uk/news/uk-politics-63399803 Wed, 26 Oct 2022 10:18:06 GMT

Mercedes-Benz becomes latest Western company to pull out of Russia

The company said it did not expect the move to have a significant effect on profitability. URL: https://www.bbc.co.uk/news/world-europe-63399179?at_medium=RSS&at_campaign=KARANGA The company said it did not expect the move to have a significant effect on profitability. https://www.bbc.co.uk/news/world-europe-63399179 Wed, 26 Oct 2022 10:00:43 GMT

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. URL: https://www.bbc.co.uk/news/uk-england-oxfordshire-63389645?at_medium=RSS&at_campaign=KARANGA The first electric Mini was built in Oxford in 2020 but BMW is shifting production out of the UK. https://www.bbc.co.uk/news/uk-england-oxfordshire-63389645 Wed, 26 Oct 2022 04:51:15 GMT

Heathrow warns normal passenger levels years away

The airport says it is unlikely to see passenger numbers return to pre-pandemic levels for years. URL: https://www.bbc.co.uk/news/business-63396810?at_medium=RSS&at_campaign=KARANGA The airport says it is unlikely to see passenger numbers return to pre-pandemic levels for years. https://www.bbc.co.uk/news/business-63396810 Wed, 26 Oct 2022 07:19:16 GMT

New York cleaners create new path to entrepreneurship

Can taking a trick from McDonald's help make co-operatives more efficient? URL: https://www.bbc.co.uk/news/business-63221411?at_medium=RSS&at_campaign=KARANGA Can taking a trick from McDonald's help make co-operatives more efficient? https://www.bbc.co.uk/news/business-63221411 Tue, 25 Oct 2022 23:51:22 GMT

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. URL: https://www.bbc.co.uk/news/business-63396556?at_medium=RSS&at_campaign=KARANGA The park did not say when it would reopen, but pledged to refund or reschedule tickets. https://www.bbc.co.uk/news/business-63396556 Wed, 26 Oct 2022 06:45:22 GMT

Google and Microsoft hit by slowing economy

The tech giants say customers are cutting back amid growing signs of an economic downturn. URL: https://www.bbc.co.uk/news/business-63394516?at_medium=RSS&at_campaign=KARANGA The tech giants say customers are cutting back amid growing signs of an economic downturn. https://www.bbc.co.uk/news/business-63394516 Tue, 25 Oct 2022 21:53:33 GMT

Rail strike date moved over London Poppy Day clash

The RMT union says planned strike action by rail workers has been postponed for six days. URL: https://www.bbc.co.uk/news/uk-england-london-63388658?at_medium=RSS&at_campaign=KARANGA The RMT union says planned strike action by rail workers has been postponed for six days. https://www.bbc.co.uk/news/uk-england-london-63388658 Tue, 25 Oct 2022 16:35:39 GMT

Ford Fiesta car set to be discontinued as model scrapped

The BBC understands executives are planning to announce the production will end as early as next year. URL: https://www.bbc.co.uk/news/business-63391466?at_medium=RSS&at_campaign=KARANGA The BBC understands executives are planning to announce the production will end as early as next year. https://www.bbc.co.uk/news/business-63391466 Tue, 25 Oct 2022 16:20:33 GMT

Pound hits highest level since before mini-budget

It comes as investors welcomed the appointment of Rishi Sunak and the dollar fell. URL: https://www.bbc.co.uk/news/business-63389368?at_medium=RSS&at_campaign=KARANGA It comes as investors welcomed the appointment of Rishi Sunak and the dollar fell. https://www.bbc.co.uk/news/business-63389368 Tue, 25 Oct 2022 15:46:57 GMT

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. URL: https://www.bbc.co.uk/news/business-63387955?at_medium=RSS&at_campaign=KARANGA The new prime minister says there are "difficult decisions to come" and that could affect our finances. https://www.bbc.co.uk/news/business-63387955 Tue, 25 Oct 2022 13:38:30 GMT

Adidas cuts ties with rapper Kanye West

The fashion giant said it does "not tolerate antisemitism" after the rapper's recent remarks. URL: https://www.bbc.co.uk/news/business-63387607?at_medium=RSS&at_campaign=KARANGA The fashion giant said it does "not tolerate antisemitism" after the rapper's recent remarks. https://www.bbc.co.uk/news/business-63387607 Tue, 25 Oct 2022 12:29:46 GMT

WhatsApp down for users across UK and world

Many are complaining that they are unable to send messages from the Meta-owned platform. URL: https://www.bbc.co.uk/news/technology-63383957?at_medium=RSS&at_campaign=KARANGA Many are complaining that they are unable to send messages from the Meta-owned platform. https://www.bbc.co.uk/news/technology-63383957 Tue, 25 Oct 2022 07:52:39 GMT

Price of pasta, tea, chips and cooking oil soars

The price of budget food items rose by 17% in the year to September, official figures suggest. URL: https://www.bbc.co.uk/news/business-63378633?at_medium=RSS&at_campaign=KARANGA The price of budget food items rose by 17% in the year to September, official figures suggest. https://www.bbc.co.uk/news/business-63378633 Tue, 25 Oct 2022 06:24:55 GMT

Can Sunak steer economy through 'profound crisis'?

The new prime minister must restore market credibility, tackle inflation and drive growth. URL: https://www.bbc.co.uk/news/business-63378462?at_medium=RSS&at_campaign=KARANGA The new prime minister must restore market credibility, tackle inflation and drive growth. https://www.bbc.co.uk/news/business-63378462 Tue, 25 Oct 2022 06:06:31 GMT

Competition regulator needs teeth to curb big tech, MPs say

They urge publication of a draft bill that could see firms fined 10% of turnover for market abuses. URL: https://www.bbc.co.uk/news/technology-63375260?at_medium=RSS&at_campaign=KARANGA They urge publication of a draft bill that could see firms fined 10% of turnover for market abuses. https://www.bbc.co.uk/news/technology-63375260 Tue, 25 Oct 2022 00:56:48 GMT

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. URL: https://www.bbc.co.uk/news/business-63283986?at_medium=RSS&at_campaign=KARANGA As much of the world's earth has been degraded, efforts are being made to improve matters. https://www.bbc.co.uk/news/business-63283986 Sun, 23 Oct 2022 23:12:06 GMT

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. URL: https://www.bbc.co.uk/news/business-63378460?at_medium=RSS&at_campaign=KARANGA Uswitch says prepayment meter users are more likely to be vulnerable and at risk of disconnection. https://www.bbc.co.uk/news/business-63378460 Mon, 24 Oct 2022 23:02:45 GMT

US charges alleged Chinese spies in telecoms probe case

US officials believe China tried to obstruct an investigation, steal technology and intimidate dissidents. URL: https://www.bbc.co.uk/news/world-us-canada-63378817?at_medium=RSS&at_campaign=KARANGA US officials believe China tried to obstruct an investigation, steal technology and intimidate dissidents. https://www.bbc.co.uk/news/world-us-canada-63378817 Mon, 24 Oct 2022 19:04:52 GMT

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. URL: https://www.bbc.co.uk/news/uk-63373258?at_medium=RSS&at_campaign=KARANGA Rishi Sunak, the fifth Conservative prime minister in seven years, inherits many pressing challenges. https://www.bbc.co.uk/news/uk-63373258 Mon, 24 Oct 2022 15:28:24 GMT

First-time buyers hit by drop in mortgage deals

Those with smaller deposits are likely to have less choice from lenders, figures show. URL: https://www.bbc.co.uk/news/business-63376031?at_medium=RSS&at_campaign=KARANGA Those with smaller deposits are likely to have less choice from lenders, figures show. https://www.bbc.co.uk/news/business-63376031 Mon, 24 Oct 2022 13:58:00 GMT

UK set to be sick man of Europe, says Tory backer

Guy Hands, a leading investor, says the UK faces higher taxes, lower benefits and a possible IMF bailout. URL: https://www.bbc.co.uk/news/business-63371743?at_medium=RSS&at_campaign=KARANGA Guy Hands, a leading investor, says the UK faces higher taxes, lower benefits and a possible IMF bailout. https://www.bbc.co.uk/news/business-63371743 Mon, 24 Oct 2022 09:08:13 GMT

Sports Direct-owner builds stake in Asos

Frasers Group is the fourth largest shareholder in the fashion firm, which owns the Topshop brand. URL: https://www.bbc.co.uk/news/business-63370575?at_medium=RSS&at_campaign=KARANGA Frasers Group is the fourth largest shareholder in the fashion firm, which owns the Topshop brand. https://www.bbc.co.uk/news/business-63370575 Mon, 24 Oct 2022 06:08:48 GMT

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. URL: https://www.bbc.co.uk/news/business-63367738?at_medium=RSS&at_campaign=KARANGA Sterling initially rose against the dollar after Boris Johnson dropped out of the leadership contest. https://www.bbc.co.uk/news/business-63367738 Mon, 24 Oct 2022 04:56:02 GMT

What we just learned about China's economy

On Monday, the country announced economic growth figures, after they were postponed last week. URL: https://www.bbc.co.uk/news/business-63296229?at_medium=RSS&at_campaign=KARANGA On Monday, the country announced economic growth figures, after they were postponed last week. https://www.bbc.co.uk/news/business-63296229 Mon, 24 Oct 2022 04:06:34 GMT

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. URL: https://www.bbc.co.uk/news/business-63367733?at_medium=RSS&at_campaign=KARANGA Royal Mail says everyday stamps that do not have a barcode will no be longer valid after 31 January. https://www.bbc.co.uk/news/business-63367733 Sun, 23 Oct 2022 23:06:20 GMT

UK faces tougher austerity era, ex-Bank chief warns

Former Bank of England governor Lord King says people could face "significantly higher taxes". URL: https://www.bbc.co.uk/news/business-63364240?at_medium=RSS&at_campaign=KARANGA Former Bank of England governor Lord King says people could face "significantly higher taxes". https://www.bbc.co.uk/news/business-63364240 Sun, 23 Oct 2022 12:04:57 GMT

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. URL: https://www.bbc.co.uk/news/business-63071930?at_medium=RSS&at_campaign=KARANGA The cost of pet food has soared in Australia due to the pandemic and the Ukraine war. https://www.bbc.co.uk/news/business-63071930 Sat, 22 Oct 2022 23:17:44 GMT

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. URL: https://www.bbc.co.uk/sport/formula1/63100448?at_medium=RSS&at_campaign=KARANGA Red Bull co-owner Dietrich Mateschitz, a major global business figure as a result of his energy drinks empire, dies aged 78. https://www.bbc.co.uk/sport/formula1/63100448 Sat, 22 Oct 2022 21:33:54 GMT

Avanti West Coast rail services axed amid strike action

Only one Avanti service per hour will run from London to Manchester, Liverpool and Glasgow. URL: https://www.bbc.co.uk/news/uk-england-63346438?at_medium=RSS&at_campaign=KARANGA Only one Avanti service per hour will run from London to Manchester, Liverpool and Glasgow. https://www.bbc.co.uk/news/uk-england-63346438 Sat, 22 Oct 2022 06:12:50 GMT

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. URL: https://www.bbc.co.uk/news/business-63352556?at_medium=RSS&at_campaign=KARANGA Political instability and high inflation in the country means it is less likely to pay back debts, the ratings agency says. https://www.bbc.co.uk/news/business-63352556 Fri, 21 Oct 2022 21:48:20 GMT

Spain lifts final Covid rules for UK travellers

British holidaymakers will no longer have to provide Covid or vaccination status to get into Spain. URL: https://www.bbc.co.uk/news/business-63347870?at_medium=RSS&at_campaign=KARANGA British holidaymakers will no longer have to provide Covid or vaccination status to get into Spain. https://www.bbc.co.uk/news/business-63347870 Fri, 21 Oct 2022 13:52:54 GMT

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. URL: https://www.bbc.co.uk/news/business-63346320?at_medium=RSS&at_campaign=KARANGA It is the first time in 10 years the popular lunch choice has gone up for all customers. https://www.bbc.co.uk/news/business-63346320 Fri, 21 Oct 2022 12:15:04 GMT

'I have worked from home in 78 different countries'

Katie Macleod travelled the world while managing to keep working as a freelance graphic designer. URL: https://www.bbc.co.uk/news/uk-scotland-62394463?at_medium=RSS&at_campaign=KARANGA Katie Macleod travelled the world while managing to keep working as a freelance graphic designer. https://www.bbc.co.uk/news/uk-scotland-62394463 Fri, 21 Oct 2022 05:06:57 GMT

Government borrowing rises in September

Borrowing reached £20bn last month, according to the Office for National Statistics. URL: https://www.bbc.co.uk/news/business-63340725?at_medium=RSS&at_campaign=KARANGA Borrowing reached £20bn last month, according to the Office for National Statistics. https://www.bbc.co.uk/news/business-63340725 Fri, 21 Oct 2022 06:04:54 GMT

TikTok denies it could be used to track US citizens

In response to a media report, the firm said it does not collect precise location data from US users. URL: https://www.bbc.co.uk/news/business-63339878?at_medium=RSS&at_campaign=KARANGA In response to a media report, the firm said it does not collect precise location data from US users. https://www.bbc.co.uk/news/business-63339878 Fri, 21 Oct 2022 04:51:15 GMT

CEO Secrets: 'Be vulnerable to your customers'

Lucy Greenwood, co-founder of Lucy & Yak, shares her advice for the CEO Secrets series. URL: https://www.bbc.co.uk/news/business-63165894?at_medium=RSS&at_campaign=KARANGA Lucy Greenwood, co-founder of Lucy & Yak, shares her advice for the CEO Secrets series. https://www.bbc.co.uk/news/business-63165894 Wed, 19 Oct 2022 23:01:02 GMT

‘I worry about affording rent’

Average monthly rents reach £1,162 outside London, leaving renters like Ben McNeil counting the cost URL: https://www.bbc.co.uk/news/business-63326900?at_medium=RSS&at_campaign=KARANGA Average monthly rents reach £1,162 outside London, leaving renters like Ben McNeil counting the cost https://www.bbc.co.uk/news/business-63326900 Thu, 20 Oct 2022 23:06:43 GMT

Inflation: Warning eight million struggling to keep up with bills

Some 7.8 million people in UK finding bills "a heavy burden", warns watchdog. URL: https://www.bbc.co.uk/news/business-63330237?at_medium=RSS&at_campaign=KARANGA Some 7.8 million people in UK finding bills "a heavy burden", warns watchdog. https://www.bbc.co.uk/news/business-63330237 Thu, 20 Oct 2022 23:02:50 GMT

National Grid raises discounts for off-peak electricity use

Households will get a discount of £3 per kw/h instead of 52p off bills, National Grid says. URL: https://www.bbc.co.uk/news/business-63329233?at_medium=RSS&at_campaign=KARANGA Households will get a discount of £3 per kw/h instead of 52p off bills, National Grid says. https://www.bbc.co.uk/news/business-63329233 Thu, 20 Oct 2022 16:17:29 GMT

Amazon could pay UK shoppers £900m compensation

A group-action claim alleges Amazon breached competition law and caused customers to pay higher prices. URL: https://www.bbc.co.uk/news/technology-63328589?at_medium=RSS&at_campaign=KARANGA A group-action claim alleges Amazon breached competition law and caused customers to pay higher prices. https://www.bbc.co.uk/news/technology-63328589 Thu, 20 Oct 2022 14:23:12 GMT

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. URL: https://www.bbc.co.uk/news/uk-england-coventry-warwickshire-63326717?at_medium=RSS&at_campaign=KARANGA GMB says it was three votes short of reaching the 50% threshold needed for industrial action. https://www.bbc.co.uk/news/uk-england-coventry-warwickshire-63326717 Thu, 20 Oct 2022 13:49:52 GMT

Mortgage rates hit fresh 14-year highs

Average two-and-five year fixed rates have jumped to 6.65% and 6.51% respectively. URL: https://www.bbc.co.uk/news/business-63327553?at_medium=RSS&at_campaign=KARANGA Average two-and-five year fixed rates have jumped to 6.65% and 6.51% respectively. https://www.bbc.co.uk/news/business-63327553 Thu, 20 Oct 2022 12:36:18 GMT

Investors remain calm despite political chaos

One analyst says investors are "watching in a kind of stunned, open-mouthed horror" at political events. URL: https://www.bbc.co.uk/news/business-63326809?at_medium=RSS&at_campaign=KARANGA One analyst says investors are "watching in a kind of stunned, open-mouthed horror" at political events. https://www.bbc.co.uk/news/business-63326809 Thu, 20 Oct 2022 10:11:16 GMT

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. URL: https://www.bbc.co.uk/news/business-63324124?at_medium=RSS&at_campaign=KARANGA Shares slumped after a major speech by the city's leader and as investors fret about a global slowdown. https://www.bbc.co.uk/news/business-63324124 Thu, 20 Oct 2022 04:51:22 GMT

'I was left with no hours, no wages - nothing'

New research suggests women are more likely than men to work in jobs with unpredictable pay and hours. URL: https://www.bbc.co.uk/news/business-63313505?at_medium=RSS&at_campaign=KARANGA New research suggests women are more likely than men to work in jobs with unpredictable pay and hours. https://www.bbc.co.uk/news/business-63313505 Wed, 19 Oct 2022 23:10:15 GMT

People plan for smaller Christmas as prices soar

Inflation returned to a 40-year high in September as a BBC survey suggests people are cutting spending. URL: https://www.bbc.co.uk/news/business-63316226?at_medium=RSS&at_campaign=KARANGA Inflation returned to a 40-year high in September as a BBC survey suggests people are cutting spending. https://www.bbc.co.uk/news/business-63316226 Wed, 19 Oct 2022 23:09:20 GMT

Move to ensure minimum service level during strikes

Unions say the government's plan, which follows months of industrial action, is "doomed". URL: https://www.bbc.co.uk/news/business-63316148?at_medium=RSS&at_campaign=KARANGA Unions say the government's plan, which follows months of industrial action, is "doomed". https://www.bbc.co.uk/news/business-63316148 Wed, 19 Oct 2022 23:11:26 GMT

Brazil's winemakers aiming to toast more global sales

Wine producers in the giant South American country are on an expert drive. URL: https://www.bbc.co.uk/news/business-63240259?at_medium=RSS&at_campaign=KARANGA Wine producers in the giant South American country are on an expert drive. https://www.bbc.co.uk/news/business-63240259 Wed, 19 Oct 2022 23:04:51 GMT

Tesla sales climb but miss expectations

Elon Musk's electric car firm has been ramping up production URL: https://www.bbc.co.uk/news/business-63319011?at_medium=RSS&at_campaign=KARANGA Elon Musk's electric car firm has been ramping up production https://www.bbc.co.uk/news/business-63319011 Wed, 19 Oct 2022 20:50:04 GMT

Amazon's Jeff Bezos in economy warning: 'Batten down hatches'

With economic gloom on the US's horizon, tech giant's boss points out warning signals URL: https://www.bbc.co.uk/news/business-63319010?at_medium=RSS&at_campaign=KARANGA With economic gloom on the US's horizon, tech giant's boss points out warning signals https://www.bbc.co.uk/news/business-63319010 Wed, 19 Oct 2022 20:05:32 GMT

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. URL: https://www.bbc.co.uk/news/business-63233077?at_medium=RSS&at_campaign=KARANGA The US president has gone to unusual lengths to try to rein in the price of fuel. https://www.bbc.co.uk/news/business-63233077 Wed, 19 Oct 2022 18:54:39 GMT

Bank of England wasn't briefed on mini-budget

The government did not tell the Bank about its tax cut plans, says deputy governor Sir Jon Cunliffe. URL: https://www.bbc.co.uk/news/business-63319567?at_medium=RSS&at_campaign=KARANGA The government did not tell the Bank about its tax cut plans, says deputy governor Sir Jon Cunliffe. https://www.bbc.co.uk/news/business-63319567 Wed, 19 Oct 2022 16:11:56 GMT

Amazon UK makes cautious move into insurance sales

The store will initially focus on home insurance and has just three insurers on board. URL: https://www.bbc.co.uk/news/technology-63301143?at_medium=RSS&at_campaign=KARANGA The store will initially focus on home insurance and has just three insurers on board. https://www.bbc.co.uk/news/technology-63301143 Wed, 19 Oct 2022 05:29:14 GMT

Great British Railways transport bill shelved

The transport secretary admits the full plan for overhauling how the railways are run will be delayed. URL: https://www.bbc.co.uk/news/uk-politics-63313823?at_medium=RSS&at_campaign=KARANGA The transport secretary admits the full plan for overhauling how the railways are run will be delayed. https://www.bbc.co.uk/news/uk-politics-63313823 Wed, 19 Oct 2022 12:23:21 GMT

Asos sees big loss as shoppers spend less on fashion

The online fashion retailer says it is feeling the pain of a shrinking UK economy. URL: https://www.bbc.co.uk/news/business-63311825?at_medium=RSS&at_campaign=KARANGA The online fashion retailer says it is feeling the pain of a shrinking UK economy. https://www.bbc.co.uk/news/business-63311825 Wed, 19 Oct 2022 08:31:11 GMT

UK inflation rate rises to 10.1%

Inflation - a measure of price rises - returned to 10.1% in the 12 months to September, according to official figures. URL: https://www.bbc.co.uk/news/business-63301383?at_medium=RSS&at_campaign=KARANGA Inflation - a measure of price rises - returned to 10.1% in the 12 months to September, according to official figures. https://www.bbc.co.uk/news/business-63301383 Wed, 19 Oct 2022 06:05:36 GMT

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. URL: https://www.bbc.co.uk/news/business-63310254?at_medium=RSS&at_campaign=KARANGA A fire shut down Kakao's messaging, banking and gaming services for more than eight hours on Saturday. https://www.bbc.co.uk/news/business-63310254 Wed, 19 Oct 2022 05:33:28 GMT

Netflix: How did the streaming service turn its fortunes around?

The streamer has grown its subscriber base after two consecutive quarters of losses. URL: https://www.bbc.co.uk/news/entertainment-arts-63240333?at_medium=RSS&at_campaign=KARANGA The streamer has grown its subscriber base after two consecutive quarters of losses. https://www.bbc.co.uk/news/entertainment-arts-63240333 Wed, 19 Oct 2022 04:58:21 GMT

HSBC climate change adverts banned by UK watchdog

The regulator said the bank "omitted significant information" about its contribution to harmful emissions. URL: https://www.bbc.co.uk/news/business-63309878?at_medium=RSS&at_campaign=KARANGA The regulator said the bank "omitted significant information" about its contribution to harmful emissions. https://www.bbc.co.uk/news/business-63309878 Wed, 19 Oct 2022 03:57:08 GMT

Australia challenges China in mining for essential elements

It is an industry that has been dominated by China for years, but now the rest of the world wants in. URL: https://www.bbc.co.uk/news/business-62760354?at_medium=RSS&at_campaign=KARANGA It is an industry that has been dominated by China for years, but now the rest of the world wants in. https://www.bbc.co.uk/news/business-62760354 Mon, 17 Oct 2022 23:03:45 GMT

What makes Nashville a magnet for entrepreneurs?

Nashville, Tennessee has a lot to offer budding entrepreneurs, including a low cost of living and no personal income taxes. URL: https://www.bbc.co.uk/news/business-63304623?at_medium=RSS&at_campaign=KARANGA Nashville, Tennessee has a lot to offer budding entrepreneurs, including a low cost of living and no personal income taxes. https://www.bbc.co.uk/news/business-63304623 Tue, 18 Oct 2022 23:12:21 GMT

BBC experts on six things you can do as cost of living rises

BBC correspondents share some things that could help you cope with rising prices. URL: https://www.bbc.co.uk/news/business-63284645?at_medium=RSS&at_campaign=KARANGA BBC correspondents share some things that could help you cope with rising prices. https://www.bbc.co.uk/news/business-63284645 Tue, 18 Oct 2022 21:48:21 GMT

Tax U-turns were painful, Liz Truss tells Tory MPs

The PM tells backbenchers she had to change course, as she tries to shore up support in the party. URL: https://www.bbc.co.uk/news/uk-politics-63308930?at_medium=RSS&at_campaign=KARANGA The PM tells backbenchers she had to change course, as she tries to shore up support in the party. https://www.bbc.co.uk/news/uk-politics-63308930 Tue, 18 Oct 2022 21:50:24 GMT

Cost of living fears grow as latest inflation data to be revealed

The latest price rise figures for September are due as a survey for the BBC suggests concern is rising. URL: https://www.bbc.co.uk/news/business-63240629?at_medium=RSS&at_campaign=KARANGA The latest price rise figures for September are due as a survey for the BBC suggests concern is rising. https://www.bbc.co.uk/news/business-63240629 Tue, 18 Oct 2022 21:04:02 GMT

Netflix: Big hits help reverse subscriber losses

The company added over 2.4 million subscribers, reversing losses earlier in the year. URL: https://www.bbc.co.uk/news/entertainment-arts-63305635?at_medium=RSS&at_campaign=KARANGA The company added over 2.4 million subscribers, reversing losses earlier in the year. https://www.bbc.co.uk/news/entertainment-arts-63305635 Tue, 18 Oct 2022 20:17:56 GMT

Meta ordered to sell Giphy by UK's competition watchdog CMA

The social media giant says it is disappointed with the ruling but will accept it. URL: https://www.bbc.co.uk/news/technology-63302179?at_medium=RSS&at_campaign=KARANGA The social media giant says it is disappointed with the ruling but will accept it. https://www.bbc.co.uk/news/technology-63302179 Tue, 18 Oct 2022 17:21:33 GMT

RMT announces November rail strike dates

There will be fresh Network Rail strikes on 3, 5 and 7 November as part of a dispute over pay URL: https://www.bbc.co.uk/news/business-63307427?at_medium=RSS&at_campaign=KARANGA There will be fresh Network Rail strikes on 3, 5 and 7 November as part of a dispute over pay https://www.bbc.co.uk/news/business-63307427 Tue, 18 Oct 2022 17:42:24 GMT

Cement firm Lafarge pleads guilty to supporting ISIS

Cement giant Holcim's Lafarge pleaded guilty in the US over its payments to Islamic State. URL: https://www.bbc.co.uk/news/business-63305371?at_medium=RSS&at_campaign=KARANGA Cement giant Holcim's Lafarge pleaded guilty in the US over its payments to Islamic State. https://www.bbc.co.uk/news/business-63305371 Tue, 18 Oct 2022 16:43:41 GMT

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. URL: https://www.bbc.co.uk/news/business-63300745?at_medium=RSS&at_campaign=KARANGA The reversal of the government's tax cuts will help the UK fight soaring inflation, the IMF says. https://www.bbc.co.uk/news/business-63300745 Tue, 18 Oct 2022 15:24:44 GMT

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. URL: https://www.bbc.co.uk/news/business-63299483?at_medium=RSS&at_campaign=KARANGA Eight steps to understand why the financial turmoil matters to mortgage payers and everyone else. https://www.bbc.co.uk/news/business-63299483 Tue, 18 Oct 2022 10:19:02 GMT

Two-year mortgage rates hit fresh 14-year high

The average two-year fixed rate deal has risen above 6.5%, the highest since the 2008 financial crisis. URL: https://www.bbc.co.uk/news/business-63300736?at_medium=RSS&at_campaign=KARANGA The average two-year fixed rate deal has risen above 6.5%, the highest since the 2008 financial crisis. https://www.bbc.co.uk/news/business-63300736 Tue, 18 Oct 2022 11:55:41 GMT

Nord Stream blast 'blew away 50 metres of pipe'

Danish police say explosions damaged two pipelines built to bring Russian gas to Germany. URL: https://www.bbc.co.uk/news/world-europe-63297085?at_medium=RSS&at_campaign=KARANGA Danish police say explosions damaged two pipelines built to bring Russian gas to Germany. https://www.bbc.co.uk/news/world-europe-63297085 Tue, 18 Oct 2022 10:27:55 GMT

Energy bills forecast to rise above £4,000 in April

The prediction from analysts comes as the government scales back its two-year promise to cap bills. URL: https://www.bbc.co.uk/news/business-63298057?at_medium=RSS&at_campaign=KARANGA The prediction from analysts comes as the government scales back its two-year promise to cap bills. https://www.bbc.co.uk/news/business-63298057 Tue, 18 Oct 2022 09:16:18 GMT

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. URL: https://www.bbc.co.uk/news/business-63287456?at_medium=RSS&at_campaign=KARANGA The outgoing head of the TUC warns people have been pushed to "breaking point" with no real pay rises. https://www.bbc.co.uk/news/business-63287456 Tue, 18 Oct 2022 09:17:17 GMT

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. URL: https://www.bbc.co.uk/news/business-63295495?at_medium=RSS&at_campaign=KARANGA Closely-watched growth data for the world's second largest economy was due to be released on Tuesday. https://www.bbc.co.uk/news/business-63295495 Tue, 18 Oct 2022 02:30:52 GMT

Could solar-powered headphones be the next must-have?

Solar panels are now being fitted to headphones and items of clothing. URL: https://www.bbc.co.uk/news/business-63211086?at_medium=RSS&at_campaign=KARANGA Solar panels are now being fitted to headphones and items of clothing. https://www.bbc.co.uk/news/business-63211086 Sun, 16 Oct 2022 23:01:22 GMT

Rent increases: What you can do about a rise from your landlord

The BBC's Lora Jones tells you four things you can do, if your landlord asks for more money. URL: https://www.bbc.co.uk/news/business-63290805?at_medium=RSS&at_campaign=KARANGA The BBC's Lora Jones tells you four things you can do, if your landlord asks for more money. https://www.bbc.co.uk/news/business-63290805 Mon, 17 Oct 2022 22:42:21 GMT

Train strikes: Workers vote on further six months of walkouts

The RMT union is asking members if they will support further train strikes to Spring 2023. URL: https://www.bbc.co.uk/news/business-63284534?at_medium=RSS&at_campaign=KARANGA The RMT union is asking members if they will support further train strikes to Spring 2023. https://www.bbc.co.uk/news/business-63284534 Mon, 17 Oct 2022 23:01:52 GMT

Millions of people should be paying less for their broadband

Providers are failing to promote the cheapest tariffs available for pensioners and people on benefits. URL: https://www.bbc.co.uk/news/business-63287452?at_medium=RSS&at_campaign=KARANGA Providers are failing to promote the cheapest tariffs available for pensioners and people on benefits. https://www.bbc.co.uk/news/business-63287452 Mon, 17 Oct 2022 23:01:03 GMT

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. URL: https://www.bbc.co.uk/news/business-63290169?at_medium=RSS&at_campaign=KARANGA Jeremy Hunt dismantled much of the mini-budget, but has kept scrapping the cap on banker's bonuses. https://www.bbc.co.uk/news/business-63290169 Mon, 17 Oct 2022 14:40:48 GMT

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. URL: https://www.bbc.co.uk/news/business-63287060?at_medium=RSS&at_campaign=KARANGA New chancellor Jeremy Hunt said "almost all" of the cuts announced by his predecessor in September would go. https://www.bbc.co.uk/news/business-63287060 Mon, 17 Oct 2022 11:10:06 GMT

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. URL: https://www.bbc.co.uk/news/business-63285246?at_medium=RSS&at_campaign=KARANGA The new chancellor has outlined a host of policy changes. This is how is affects your finances. https://www.bbc.co.uk/news/business-63285246 Mon, 17 Oct 2022 10:38:26 GMT

Two thirds of tax cuts from mini-budget reversed

Some £32bn of the £45bn promised in mini-budget will be overturned, says new Chancellor Jeremy Hunt. URL: https://www.bbc.co.uk/news/business-63283436?at_medium=RSS&at_campaign=KARANGA Some £32bn of the £45bn promised in mini-budget will be overturned, says new Chancellor Jeremy Hunt. https://www.bbc.co.uk/news/business-63283436 Mon, 17 Oct 2022 10:28:36 GMT

Chancellor to fast track tax and spending measures

The move is designed to help reassure jittery markets before they open in London this morning. URL: https://www.bbc.co.uk/news/business-63281005?at_medium=RSS&at_campaign=KARANGA The move is designed to help reassure jittery markets before they open in London this morning. https://www.bbc.co.uk/news/business-63281005 Mon, 17 Oct 2022 05:00:27 GMT

Star casino: Record fine for Australian operator over money laundering

An inquiry earlier this year found "breathtaking" misconduct by The Star Entertainment Group. URL: https://www.bbc.co.uk/news/world-australia-63280853?at_medium=RSS&at_campaign=KARANGA An inquiry earlier this year found "breathtaking" misconduct by The Star Entertainment Group. https://www.bbc.co.uk/news/world-australia-63280853 Mon, 17 Oct 2022 03:31:19 GMT

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. URL: https://www.bbc.co.uk/news/business-63278821?at_medium=RSS&at_campaign=KARANGA The British currency gained 0.5% against the US dollar in early Asia trading on Monday. https://www.bbc.co.uk/news/business-63278821 Mon, 17 Oct 2022 01:41:37 GMT