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Showing posts from June, 2023

Over-30s eye Australia gap year as age limit raised

Australia extends the age limit to 35 for Brits who want to live and work down under. URL: https://www.bbc.co.uk/news/business-65960126?at_medium=RSS&at_campaign=KARANGA Australia extends the age limit to 35 for Brits who want to live and work down under. https://www.bbc.co.uk/news/business-65960126 Thu, 29 Jun 2023 23:11:56 GMT

WH Smith won’t open any more UK High Street stores

Instead it will focus on travel retail and opening up in the US and Europe, its boss tells the BBC. URL: https://www.bbc.co.uk/news/business-66043903?at_medium=RSS&at_campaign=KARANGA Instead it will focus on travel retail and opening up in the US and Europe, its boss tells the BBC. https://www.bbc.co.uk/news/business-66043903 Thu, 29 Jun 2023 23:14:29 GMT

Google to scrap local news links in Canada over Online News Act

The move is a protest against a Canadian bill that will make tech giants pay for news content. URL: https://www.bbc.co.uk/news/world-us-canada-66049640?at_medium=RSS&at_campaign=KARANGA The move is a protest against a Canadian bill that will make tech giants pay for news content. https://www.bbc.co.uk/news/world-us-canada-66049640 Thu, 29 Jun 2023 17:25:03 GMT

US economy stronger than reported at start of 2023

The new data could bolster the case for higher interest rates. URL: https://www.bbc.co.uk/news/world-us-canada-66056743?at_medium=RSS&at_campaign=KARANGA The new data could bolster the case for higher interest rates. https://www.bbc.co.uk/news/world-us-canada-66056743 Thu, 29 Jun 2023 15:36:34 GMT

Why is Thames Water in so much trouble?

There are fears that the UK's biggest water firm is close to collapse but how did it come to this? URL: https://www.bbc.co.uk/news/business-66051555?at_medium=RSS&at_campaign=KARANGA There are fears that the UK's biggest water firm is close to collapse but how did it come to this? https://www.bbc.co.uk/news/business-66051555 Thu, 29 Jun 2023 12:22:03 GMT

Customers withdraw record amount of savings in May

People withdraw £4.6bn from accounts in May - the highest on record, Bank of England data shows. URL: https://www.bbc.co.uk/news/business-66051711?at_medium=RSS&at_campaign=KARANGA People withdraw £4.6bn from accounts in May - the highest on record, Bank of England data shows. https://www.bbc.co.uk/news/business-66051711 Thu, 29 Jun 2023 11:19:05 GMT

Mortgages rates: Fresh round of rises imposed by lenders

Halifax, Nationwide and HSBC are among those increasing interest rates on new home loans. URL: https://www.bbc.co.uk/news/business-66051704?at_medium=RSS&at_campaign=KARANGA Halifax, Nationwide and HSBC are among those increasing interest rates on new home loans. https://www.bbc.co.uk/news/business-66051704 Thu, 29 Jun 2023 09:33:38 GMT

UK lithium mining announced in Cornwall

Two companies plan to supply the battery-grade product to the electric car industry within five years. URL: https://www.bbc.co.uk/news/uk-england-cornwall-66051126?at_medium=RSS&at_campaign=KARANGA Two companies plan to supply the battery-grade product to the electric car industry within five years. https://www.bbc.co.uk/news/uk-england-cornwall-66051126 Thu, 29 Jun 2023 08:22:31 GMT

Thames Water collapse will hit taxpayers, MP warns

If the firm is taken over by the government, taxpayers will be exposed to its debt and running costs, an MP says. URL: https://www.bbc.co.uk/news/business-66050962?at_medium=RSS&at_campaign=KARANGA If the firm is taken over by the government, taxpayers will be exposed to its debt and running costs, an MP says. https://www.bbc.co.uk/news/business-66050962 Thu, 29 Jun 2023 07:30:36 GMT

The women tackling the ‘woeful’ diversity in plumbing

Despite a shortage of plumbers and heating system installers the industry is still dominated by men. URL: https://www.bbc.co.uk/news/business-65808712?at_medium=RSS&at_campaign=KARANGA Despite a shortage of plumbers and heating system installers the industry is still dominated by men. https://www.bbc.co.uk/news/business-65808712 Mon, 26 Jun 2023 23:05:54 GMT

Sri Lanka: Five-day bank holiday for domestic debt restructuring

There are fears the government's plan could lead to volatility in financial markets. URL: https://www.bbc.co.uk/news/business-66049915?at_medium=RSS&at_campaign=KARANGA There are fears the government's plan could lead to volatility in financial markets. https://www.bbc.co.uk/news/business-66049915 Thu, 29 Jun 2023 04:49:17 GMT

Heating down but spending up for royal finances

Royal residences have the heating kept at 19C, as spending rises to almost £108m, annual accounts show. URL: https://www.bbc.co.uk/news/uk-66045447?at_medium=RSS&at_campaign=KARANGA Royal residences have the heating kept at 19C, as spending rises to almost £108m, annual accounts show. https://www.bbc.co.uk/news/uk-66045447 Wed, 28 Jun 2023 23:11:35 GMT

Cut low-cost broadband VAT to help more online, peers say

Some people struggle to get online, putting them at a disadvantage, a Lord's committee says. URL: https://www.bbc.co.uk/news/technology-66033209?at_medium=RSS&at_campaign=KARANGA Some people struggle to get online, putting them at a disadvantage, a Lord's committee says. https://www.bbc.co.uk/news/technology-66033209 Wed, 28 Jun 2023 23:05:10 GMT

Package holidays in Greece, Spain and Turkey soar in price

All-inclusive deals for some parts of Spain and Greece are more than 20% more expensive this year. URL: https://www.bbc.co.uk/news/business-66042289?at_medium=RSS&at_campaign=KARANGA All-inclusive deals for some parts of Spain and Greece are more than 20% more expensive this year. https://www.bbc.co.uk/news/business-66042289 Wed, 28 Jun 2023 23:02:50 GMT

ChatGPT owner OpenAI to open first foreign office in UK

The Microsoft-backed company says the London office will allow it to 'attract world-class talent'. URL: https://www.bbc.co.uk/news/technology-66041934?at_medium=RSS&at_campaign=KARANGA The Microsoft-backed company says the London office will allow it to 'attract world-class talent'. https://www.bbc.co.uk/news/technology-66041934 Wed, 28 Jun 2023 16:40:59 GMT

BT investigated over major 999 call disruption

Probe launched after emergency services across the UK reported 999 calls were failing to connect on Sunday. URL: https://www.bbc.co.uk/news/technology-66042035?at_medium=RSS&at_campaign=KARANGA Probe launched after emergency services across the UK reported 999 calls were failing to connect on Sunday. https://www.bbc.co.uk/news/technology-66042035 Wed, 28 Jun 2023 11:27:06 GMT

Government 'prepared for range of scenarios' amid Thames Water fears

It comes amid reports the company could be temporarily renationalised as struggles with its debts. URL: https://www.bbc.co.uk/news/business-66039170?at_medium=RSS&at_campaign=KARANGA It comes amid reports the company could be temporarily renationalised as struggles with its debts. https://www.bbc.co.uk/news/business-66039170 Wed, 28 Jun 2023 09:37:16 GMT

The people making money from the pain of soaring prices

The BBC gains exclusive access to illegal moneylenders who are charging interest rates of up to 50%. URL: https://www.bbc.co.uk/news/business-65799842?at_medium=RSS&at_campaign=KARANGA The BBC gains exclusive access to illegal moneylenders who are charging interest rates of up to 50%. https://www.bbc.co.uk/news/business-65799842 Wed, 28 Jun 2023 05:01:45 GMT

Universal credit: Parents can claim more of their childcare costs

Working families on universal credit can claim more of their childcare costs from Wednesday. URL: https://www.bbc.co.uk/news/uk-66023661?at_medium=RSS&at_campaign=KARANGA Working families on universal credit can claim more of their childcare costs from Wednesday. https://www.bbc.co.uk/news/uk-66023661 Wed, 28 Jun 2023 00:57:29 GMT

Drinks giant Diageo ends 'broken' Diddy partnership

The move comes after pop star Diddy accused the firm of neglecting his tequila brand because of his race. URL: https://www.bbc.co.uk/news/business-66036749?at_medium=RSS&at_campaign=KARANGA The move comes after pop star Diddy accused the firm of neglecting his tequila brand because of his race. https://www.bbc.co.uk/news/business-66036749 Tue, 27 Jun 2023 18:12:15 GMT

Boots to close 300 UK pharmacies over the next year

The US owned chain says it will "consolidate" stores in close proximity to each other. URL: https://www.bbc.co.uk/news/business-66032556?at_medium=RSS&at_campaign=KARANGA The US owned chain says it will "consolidate" stores in close proximity to each other. https://www.bbc.co.uk/news/business-66032556 Tue, 27 Jun 2023 17:02:40 GMT

Thames Water boss quits after sewage spills

Sarah Bentley steps down weeks after giving up her bonus over the company's poor performance. URL: https://www.bbc.co.uk/news/business-66035897?at_medium=RSS&at_campaign=KARANGA Sarah Bentley steps down weeks after giving up her bonus over the company's poor performance. https://www.bbc.co.uk/news/business-66035897 Tue, 27 Jun 2023 16:05:26 GMT

Apple joins opposition to encrypted message app scanning

WhatsApp and iMessage could be forced to scan for child abuse images under the Online Safety Bill. URL: https://www.bbc.co.uk/news/technology-66028773?at_medium=RSS&at_campaign=KARANGA WhatsApp and iMessage could be forced to scan for child abuse images under the Online Safety Bill. https://www.bbc.co.uk/news/technology-66028773 Tue, 27 Jun 2023 13:26:39 GMT

Ex-Audi boss Stadler avoids jail in VW emissions scandal

Rupert Stadler is given a suspended term and a fine for fraud and negligence over Dieselgate. URL: https://www.bbc.co.uk/news/world-europe-66029634?at_medium=RSS&at_campaign=KARANGA Rupert Stadler is given a suspended term and a fine for fraud and negligence over Dieselgate. https://www.bbc.co.uk/news/world-europe-66029634 Tue, 27 Jun 2023 12:24:50 GMT

UK to work more closely with EU on financial services

The UK and EU pact is being seen as a step towards better relations over financial services. URL: https://www.bbc.co.uk/news/business-66028089?at_medium=RSS&at_campaign=KARANGA The UK and EU pact is being seen as a step towards better relations over financial services. https://www.bbc.co.uk/news/business-66028089 Tue, 27 Jun 2023 11:04:16 GMT

Meta: Facebook owner launches virtual reality subscription service

It is the latest attempt by the parent company of Facebook to make its VR business profitable. URL: https://www.bbc.co.uk/news/business-66027073?at_medium=RSS&at_campaign=KARANGA It is the latest attempt by the parent company of Facebook to make its VR business profitable. https://www.bbc.co.uk/news/business-66027073 Tue, 27 Jun 2023 03:42:37 GMT

St Mungo's: Staff at homeless charity being indefinite strike over pay

The charity has said that meeting workers' demands would leave it not "financially viable". URL: https://www.bbc.co.uk/news/uk-66027096?at_medium=RSS&at_campaign=KARANGA The charity has said that meeting workers' demands would leave it not "financially viable". https://www.bbc.co.uk/news/uk-66027096 Tue, 27 Jun 2023 03:25:17 GMT

Cheers! Can AI help drinkers buy a better bottle of wine?

Wine recommendation apps are now using AI to help better match people with a bottle they will like. URL: https://www.bbc.co.uk/news/business-65959815?at_medium=RSS&at_campaign=KARANGA Wine recommendation apps are now using AI to help better match people with a bottle they will like. https://www.bbc.co.uk/news/business-65959815 Sun, 25 Jun 2023 23:01:18 GMT

Jail terms for sharing or creating explicit images without consent

Changes to the Online Safety Bill include up to two years in prison for sharing or creating explicit images without consent. URL: https://www.bbc.co.uk/news/technology-66021643?at_medium=RSS&at_campaign=KARANGA Changes to the Online Safety Bill include up to two years in prison for sharing or creating explicit images without consent. https://www.bbc.co.uk/news/technology-66021643 Mon, 26 Jun 2023 23:05:19 GMT

UK could be starved of energy, warns North Sea boss

Labour's plan to end North Sea exploration and the government's tax policy both come under fire. URL: https://www.bbc.co.uk/news/business-66019291?at_medium=RSS&at_campaign=KARANGA Labour's plan to end North Sea exploration and the government's tax policy both come under fire. https://www.bbc.co.uk/news/business-66019291 Mon, 26 Jun 2023 23:01:55 GMT

Secondary school uniform costs parents £422 a year

Parents still spending "exorbitant" sums on uniforms despite rules meant to cut costs, says charity. URL: https://www.bbc.co.uk/news/business-66019781?at_medium=RSS&at_campaign=KARANGA Parents still spending "exorbitant" sums on uniforms despite rules meant to cut costs, says charity. https://www.bbc.co.uk/news/business-66019781 Mon, 26 Jun 2023 23:02:17 GMT

Supermarkets under pressure to explain high prices

Grocery bosses will face MPs on Tuesday but there are signs food price rises are slowing. URL: https://www.bbc.co.uk/news/business-66019190?at_medium=RSS&at_campaign=KARANGA Grocery bosses will face MPs on Tuesday but there are signs food price rises are slowing. https://www.bbc.co.uk/news/business-66019190 Mon, 26 Jun 2023 23:01:11 GMT

Follow EU regulation to keep costs low, says Ford boss

Britain's car industry should keep "regulatory alignment" with the EU to avoid extra costs, says Tim Slatter. URL: https://www.bbc.co.uk/news/business-66026647?at_medium=RSS&at_campaign=KARANGA Britain's car industry should keep "regulatory alignment" with the EU to avoid extra costs, says Tim Slatter. https://www.bbc.co.uk/news/business-66026647 Mon, 26 Jun 2023 22:10:58 GMT

Banks being slow to pass on savings rates - Hunt

The chancellor says there is an "issue" with banks taking "too long" to pass on higher rates to savers. URL: https://www.bbc.co.uk/news/business-66018159?at_medium=RSS&at_campaign=KARANGA The chancellor says there is an "issue" with banks taking "too long" to pass on higher rates to savers. https://www.bbc.co.uk/news/business-66018159 Mon, 26 Jun 2023 17:53:43 GMT

HSBC to leave Canary Wharf tower for new world headquarters

The bank will move to a smaller London office to allow for more flexible working post-pandemic. URL: https://www.bbc.co.uk/news/uk-england-66019180?at_medium=RSS&at_campaign=KARANGA The bank will move to a smaller London office to allow for more flexible working post-pandemic. https://www.bbc.co.uk/news/uk-england-66019180 Mon, 26 Jun 2023 10:59:56 GMT

Cineworld screens stay open despite administration

The struggling cinema chain is undergoing a restructure as it tries to escape huge debts. URL: https://www.bbc.co.uk/news/business-66017633?at_medium=RSS&at_campaign=KARANGA The struggling cinema chain is undergoing a restructure as it tries to escape huge debts. https://www.bbc.co.uk/news/business-66017633 Mon, 26 Jun 2023 07:57:43 GMT

PwC Australia: Accounting giant splits business after tax leak scandal

The accounting giant will sell its Australian government consultancy business for a nominal A$1. URL: https://www.bbc.co.uk/news/business-66016270?at_medium=RSS&at_campaign=KARANGA The accounting giant will sell its Australian government consultancy business for a nominal A$1. https://www.bbc.co.uk/news/business-66016270 Mon, 26 Jun 2023 03:41:04 GMT

Students switch to AI to learn languages

Many people are using AI like ChatGPT to improve their language skills but learning that way has drawbacks. URL: https://www.bbc.co.uk/news/business-65849104?at_medium=RSS&at_campaign=KARANGA Many people are using AI like ChatGPT to improve their language skills but learning that way has drawbacks. https://www.bbc.co.uk/news/business-65849104 Thu, 22 Jun 2023 23:00:41 GMT

Britishvolt owner's offices raided by Australian tax police

The buyer of the prospective battery plant in Northumberland has not yet paid for the site. URL: https://www.bbc.co.uk/news/business-66012303?at_medium=RSS&at_campaign=KARANGA The buyer of the prospective battery plant in Northumberland has not yet paid for the site. https://www.bbc.co.uk/news/business-66012303 Sun, 25 Jun 2023 09:10:39 GMT

Rishi Sunak urges people to hold their nerve on interest rates

The Prime Minister continues to back the Bank of England as mortgage pressure rises for homeowners. URL: https://www.bbc.co.uk/news/business-66012301?at_medium=RSS&at_campaign=KARANGA The Prime Minister continues to back the Bank of England as mortgage pressure rises for homeowners. https://www.bbc.co.uk/news/business-66012301 Sun, 25 Jun 2023 08:29:33 GMT

Can we stop being tricked into subscriptions?

The US and UK are trying to crack down on firms tricking customers into renewing their subscription. URL: https://www.bbc.co.uk/news/business-65997926?at_medium=RSS&at_campaign=KARANGA The US and UK are trying to crack down on firms tricking customers into renewing their subscription. https://www.bbc.co.uk/news/business-65997926 Sat, 24 Jun 2023 23:04:45 GMT

Zambian President Hichilema's $6bn debt deal hailed as 'historic'

Much of the money was owed to China, which had been accused of holding up a deal. URL: https://www.bbc.co.uk/news/world-africa-65997830?at_medium=RSS&at_campaign=KARANGA Much of the money was owed to China, which had been accused of holding up a deal. https://www.bbc.co.uk/news/world-africa-65997830 Fri, 23 Jun 2023 14:07:54 GMT

Heathrow security staff call off strikes

Security staff at Heathrow will no longer strike after accepting an improved pay offer. URL: https://www.bbc.co.uk/news/business-66001392?at_medium=RSS&at_campaign=KARANGA Security staff at Heathrow will no longer strike after accepting an improved pay offer. https://www.bbc.co.uk/news/business-66001392 Fri, 23 Jun 2023 13:36:32 GMT

Sunny weather boosts clothing sales in May

Retail sales rose 0.3% last month as shoppers bought summer clothes and goods, official figures show. URL: https://www.bbc.co.uk/news/business-65995685?at_medium=RSS&at_campaign=KARANGA Retail sales rose 0.3% last month as shoppers bought summer clothes and goods, official figures show. https://www.bbc.co.uk/news/business-65995685 Fri, 23 Jun 2023 07:56:50 GMT

More than 20 councils replacing pay and display parking machines with apps

Councils say app payments save money but charities warn people without a smartphone could be excluded. URL: https://www.bbc.co.uk/news/uk-politics-65973853?at_medium=RSS&at_campaign=KARANGA Councils say app payments save money but charities warn people without a smartphone could be excluded. https://www.bbc.co.uk/news/uk-politics-65973853 Fri, 23 Jun 2023 00:45:36 GMT

Furby: Toy giant Hasbro brings back iconic robotic creature

The announcement comes as the global toy industry faces a slow down in demand. URL: https://www.bbc.co.uk/news/business-65994859?at_medium=RSS&at_campaign=KARANGA The announcement comes as the global toy industry faces a slow down in demand. https://www.bbc.co.uk/news/business-65994859 Fri, 23 Jun 2023 04:41:22 GMT

Kenya-EU trade deal: Why the East African Community was left out

Kenya felt it was best to sign a bilateral trade deal, despite claims that it undermined regional unity. URL: https://www.bbc.co.uk/news/world-africa-65962772?at_medium=RSS&at_campaign=KARANGA Kenya felt it was best to sign a bilateral trade deal, despite claims that it undermined regional unity. https://www.bbc.co.uk/news/world-africa-65962772 Fri, 23 Jun 2023 01:40:59 GMT

Facebook and Instagram to restrict news access in Canada

It comes after parliament passed a bill requiring tech giants to compensate publishers for news. URL: https://www.bbc.co.uk/news/world-us-canada-65969970?at_medium=RSS&at_campaign=KARANGA It comes after parliament passed a bill requiring tech giants to compensate publishers for news. https://www.bbc.co.uk/news/world-us-canada-65969970 Thu, 22 Jun 2023 23:38:39 GMT

Banks summoned on mortgages after interest rate shock

The big lenders, from NatWest to Nationwide, meet the chancellor over upheaval in the mortgage market. URL: https://www.bbc.co.uk/news/business-65990833?at_medium=RSS&at_campaign=KARANGA The big lenders, from NatWest to Nationwide, meet the chancellor over upheaval in the mortgage market. https://www.bbc.co.uk/news/business-65990833 Thu, 22 Jun 2023 23:02:39 GMT

Temu: Risk fast-fashion website uses forced labour

The claims arise from an investigation into a US law barring imports made with Uyghur labour. URL: https://www.bbc.co.uk/news/business-65990529?at_medium=RSS&at_campaign=KARANGA The claims arise from an investigation into a US law barring imports made with Uyghur labour. https://www.bbc.co.uk/news/business-65990529 Thu, 22 Jun 2023 21:26:05 GMT

Ocado shares surge on Amazon takeover rumours

The online grocer was the UK's most valuable retailer during the pandemic but has struggled more recently. URL: https://www.bbc.co.uk/news/business-65990525?at_medium=RSS&at_campaign=KARANGA The online grocer was the UK's most valuable retailer during the pandemic but has struggled more recently. https://www.bbc.co.uk/news/business-65990525 Thu, 22 Jun 2023 16:31:08 GMT

Rail union announces three days of strikes in July

The RMT says 20,000 members will strike on 20, 22, and 29 July. URL: https://www.bbc.co.uk/news/business-65986714?at_medium=RSS&at_campaign=KARANGA The RMT says 20,000 members will strike on 20, 22, and 29 July. https://www.bbc.co.uk/news/business-65986714 Thu, 22 Jun 2023 14:51:33 GMT

Police warn Android phone users over 999 call feature

Forces say update that lets button pushes trigger calls is bombarding operators with "silent" calls. URL: https://www.bbc.co.uk/news/technology-65962942?at_medium=RSS&at_campaign=KARANGA Forces say update that lets button pushes trigger calls is bombarding operators with "silent" calls. https://www.bbc.co.uk/news/technology-65962942 Thu, 22 Jun 2023 14:01:38 GMT

'I moved abroad to save but still can't afford a mortgage'

Four people explain how rising interest rates are affecting their lives. URL: https://www.bbc.co.uk/news/business-65951697?at_medium=RSS&at_campaign=KARANGA Four people explain how rising interest rates are affecting their lives. https://www.bbc.co.uk/news/business-65951697 Thu, 22 Jun 2023 12:59:29 GMT

UK interest rate rises to 5%

Interest rates have risen by more than expected to 5% from 4.5%, making the cost of borrowing more expensive. URL: https://www.bbc.co.uk/news/business-65982981?at_medium=RSS&at_campaign=KARANGA Interest rates have risen by more than expected to 5% from 4.5%, making the cost of borrowing more expensive. https://www.bbc.co.uk/news/business-65982981 Thu, 22 Jun 2023 11:10:36 GMT

Five tips for saving money on your mortgage

With interest rates rapidly rising, what do experts say about coping with costs? URL: https://www.bbc.co.uk/news/business-65984415?at_medium=RSS&at_campaign=KARANGA With interest rates rapidly rising, what do experts say about coping with costs? https://www.bbc.co.uk/news/business-65984415 Thu, 22 Jun 2023 09:11:26 GMT

If US companies 'go woke', do they really go broke?

Experts believe 'boycott fever' will grip the US ahead of the 2024 presidential elections. URL: https://www.bbc.co.uk/news/world-us-canada-65918155?at_medium=RSS&at_campaign=KARANGA Experts believe 'boycott fever' will grip the US ahead of the 2024 presidential elections. https://www.bbc.co.uk/news/world-us-canada-65918155 Wed, 21 Jun 2023 12:23:21 GMT

Mortgage crisis: 'We can't pay an extra £1,400 a month'

Homeowners say they are scared for the future, with no end to the mortgage crisis in sight. URL: https://www.bbc.co.uk/news/uk-england-norfolk-65761233?at_medium=RSS&at_campaign=KARANGA Homeowners say they are scared for the future, with no end to the mortgage crisis in sight. https://www.bbc.co.uk/news/uk-england-norfolk-65761233 Tue, 20 Jun 2023 23:10:33 GMT

Most university students working paid jobs, survey shows

There has been a big increase across the UK in the number of students earning money, research reveals. URL: https://www.bbc.co.uk/news/education-65964375?at_medium=RSS&at_campaign=KARANGA There has been a big increase across the UK in the number of students earning money, research reveals. https://www.bbc.co.uk/news/education-65964375 Thu, 22 Jun 2023 06:45:50 GMT

Tech battle: Musk and Zuckerberg agree to hold cage fight

Earlier this month, Meta showed staff plans for a text-based social network designed to compete with Twitter. URL: https://www.bbc.co.uk/news/business-65981876?at_medium=RSS&at_campaign=KARANGA Earlier this month, Meta showed staff plans for a text-based social network designed to compete with Twitter. https://www.bbc.co.uk/news/business-65981876 Thu, 22 Jun 2023 07:02:42 GMT

Wirecard scandal: Singapore fines firms over breaches

Separately, two former Wirecard employees were sentenced to jail in the city state earlier this week. URL: https://www.bbc.co.uk/news/business-65981701?at_medium=RSS&at_campaign=KARANGA Separately, two former Wirecard employees were sentenced to jail in the city state earlier this week. https://www.bbc.co.uk/news/business-65981701 Thu, 22 Jun 2023 04:10:59 GMT

Elon Musk: Australia issues legal warning to Twitter over online hate

Elon Musk bought the firm last year for $44bn and promised to protect free speech on the platform. URL: https://www.bbc.co.uk/news/business-65981699?at_medium=RSS&at_campaign=KARANGA Elon Musk bought the firm last year for $44bn and promised to protect free speech on the platform. https://www.bbc.co.uk/news/business-65981699 Thu, 22 Jun 2023 04:00:44 GMT

Turkey's Erdogan set for economic U-turn and steep interest rate hike

Turkey is expected to reverse some of the unorthodox economic policies of President Erdogan. URL: https://www.bbc.co.uk/news/world-europe-65971791?at_medium=RSS&at_campaign=KARANGA Turkey is expected to reverse some of the unorthodox economic policies of President Erdogan. https://www.bbc.co.uk/news/world-europe-65971791 Thu, 22 Jun 2023 01:24:45 GMT

Interest rates set to rise for 13th time in a row

Analysts expect the base rate to go up from 4.5% to 4.75%, to tackle rising prices. URL: https://www.bbc.co.uk/news/business-65978868?at_medium=RSS&at_campaign=KARANGA Analysts expect the base rate to go up from 4.5% to 4.75%, to tackle rising prices. https://www.bbc.co.uk/news/business-65978868 Wed, 21 Jun 2023 23:00:02 GMT

Doune the Rabbit Hole music festival cancelled after union boycott

Organisers said they had been subjected to a "campaign of misinformation" by the Bectu union. URL: https://www.bbc.co.uk/news/uk-scotland-tayside-central-65976470?at_medium=RSS&at_campaign=KARANGA Organisers said they had been subjected to a "campaign of misinformation" by the Bectu union. https://www.bbc.co.uk/news/uk-scotland-tayside-central-65976470 Wed, 21 Jun 2023 20:55:14 GMT

Interest rates: Force banks to offer mortgage help, says Labour

Shadow Chancellor Rachel Reeves sets out Labour's response to the crisis facing many mortgage payers. URL: https://www.bbc.co.uk/news/uk-politics-65973977?at_medium=RSS&at_campaign=KARANGA Shadow Chancellor Rachel Reeves sets out Labour's response to the crisis facing many mortgage payers. https://www.bbc.co.uk/news/uk-politics-65973977 Wed, 21 Jun 2023 21:33:23 GMT

Mortgages: Customers given 20 minutes to decide on renewal

Deals are changing so fast customers face making snap decisions or risk losing deals, a broker says. URL: https://www.bbc.co.uk/news/uk-wales-65975031?at_medium=RSS&at_campaign=KARANGA Deals are changing so fast customers face making snap decisions or risk losing deals, a broker says. https://www.bbc.co.uk/news/uk-wales-65975031 Wed, 21 Jun 2023 21:54:34 GMT

Amazon said to have 'duped' Prime customers

The US has sued Amazon for allegedly tricking customers during the Prime sign-up process. URL: https://www.bbc.co.uk/news/business-65978053?at_medium=RSS&at_campaign=KARANGA The US has sued Amazon for allegedly tricking customers during the Prime sign-up process. https://www.bbc.co.uk/news/business-65978053 Wed, 21 Jun 2023 15:10:59 GMT

Warning interest rate rise to slash spending power

Some 1.4 million mortgage holders will see their disposable income fall by more than 20%, a think tank says. URL: https://www.bbc.co.uk/news/business-65966725?at_medium=RSS&at_campaign=KARANGA Some 1.4 million mortgage holders will see their disposable income fall by more than 20%, a think tank says. https://www.bbc.co.uk/news/business-65966725 Wed, 21 Jun 2023 12:16:15 GMT

UK inflation shock: This is really grim

Investors are now questioning whether the Bank is in full command over soaring prices. URL: https://www.bbc.co.uk/news/business-65974092?at_medium=RSS&at_campaign=KARANGA Investors are now questioning whether the Bank is in full command over soaring prices. https://www.bbc.co.uk/news/business-65974092 Wed, 21 Jun 2023 10:18:51 GMT

Is Brexit behind the UK's inflation shock?

Some claim leaving the EU may be to blame for the UK's stubbornly high inflation, but it's a complex picture. URL: https://www.bbc.co.uk/news/business-65962027?at_medium=RSS&at_campaign=KARANGA Some claim leaving the EU may be to blame for the UK's stubbornly high inflation, but it's a complex picture. https://www.bbc.co.uk/news/business-65962027 Wed, 21 Jun 2023 06:22:14 GMT

UK inflation unchanged in May as cost of living remains high

Inflation, which is the rate at which prices rise, remained at 8.7% in the year to May, figures show. URL: https://www.bbc.co.uk/news/business-65966723?at_medium=RSS&at_campaign=KARANGA Inflation, which is the rate at which prices rise, remained at 8.7% in the year to May, figures show. https://www.bbc.co.uk/news/business-65966723 Wed, 21 Jun 2023 06:18:21 GMT

Modi in US: Elon Musk says Tesla to come to India 'as soon as possible'

The Indian prime minister met Mr Musk on Tuesday during his three-day state visit to the US. URL: https://www.bbc.co.uk/news/world-asia-india-65959115?at_medium=RSS&at_campaign=KARANGA The Indian prime minister met Mr Musk on Tuesday during his three-day state visit to the US. https://www.bbc.co.uk/news/world-asia-india-65959115 Wed, 21 Jun 2023 04:54:10 GMT

Grab: Southeast Asia's leading ride-hailing firm cuts 1,000 jobs

The company offers deliveries, rides and financial services in eight countries in Southeast Asia. URL: https://www.bbc.co.uk/news/business-65969751?at_medium=RSS&at_campaign=KARANGA The company offers deliveries, rides and financial services in eight countries in Southeast Asia. https://www.bbc.co.uk/news/business-65969751 Wed, 21 Jun 2023 03:56:31 GMT

WH Smith, M&S and Argos failed to pay minimum wage

More than 200 firms face penalties and must repay workers after breaches hit 63,000 people. URL: https://www.bbc.co.uk/news/business-65968986?at_medium=RSS&at_campaign=KARANGA More than 200 firms face penalties and must repay workers after breaches hit 63,000 people. https://www.bbc.co.uk/news/business-65968986 Wed, 21 Jun 2023 02:29:09 GMT

Ukraine war: Push to rebuild economy starts with UK's $3bn

The World Bank says many years of financial support are needed as London hosts a major conference. URL: https://www.bbc.co.uk/news/world-europe-65969456?at_medium=RSS&at_campaign=KARANGA The World Bank says many years of financial support are needed as London hosts a major conference. https://www.bbc.co.uk/news/world-europe-65969456 Tue, 20 Jun 2023 23:50:33 GMT

Airbus experiments with more control for the autopilot

Airbus has been testing new automated technology that it says has the potential to improve flight safety. URL: https://www.bbc.co.uk/news/business-65676421?at_medium=RSS&at_campaign=KARANGA Airbus has been testing new automated technology that it says has the potential to improve flight safety. https://www.bbc.co.uk/news/business-65676421 Mon, 19 Jun 2023 23:10:04 GMT

Bernie Sanders announces Amazon safety investigation

The move raises pressure on the e-commerce giant over its treatment of workers. URL: https://www.bbc.co.uk/news/business-65964670?at_medium=RSS&at_campaign=KARANGA The move raises pressure on the e-commerce giant over its treatment of workers. https://www.bbc.co.uk/news/business-65964670 Tue, 20 Jun 2023 20:30:02 GMT

MOVEit hack: Gang claims not to have BBC, BA and Boots data

Cyber criminals say they do not have data belonging to UK organisations thought to be victims of a mass hack. URL: https://www.bbc.co.uk/news/technology-65965453?at_medium=RSS&at_campaign=KARANGA Cyber criminals say they do not have data belonging to UK organisations thought to be victims of a mass hack. https://www.bbc.co.uk/news/technology-65965453 Tue, 20 Jun 2023 17:52:02 GMT

Virgin Media email service users suffer lengthy failure

The company has apologised after some problems remain unresolved over 36 hours since first reported. URL: https://www.bbc.co.uk/news/technology-65965099?at_medium=RSS&at_campaign=KARANGA The company has apologised after some problems remain unresolved over 36 hours since first reported. https://www.bbc.co.uk/news/technology-65965099 Tue, 20 Jun 2023 14:56:22 GMT

Carlos Ghosn sues Nissan for $1bn in defamation suit

The former boss of Nissan wants to clear his name after his arrest on financial misconduct charges. URL: https://www.bbc.co.uk/news/business-65964663?at_medium=RSS&at_campaign=KARANGA The former boss of Nissan wants to clear his name after his arrest on financial misconduct charges. https://www.bbc.co.uk/news/business-65964663 Tue, 20 Jun 2023 14:19:55 GMT

Is food inflation higher in Europe than in the UK?

Food prices are growing faster in the UK than in Germany, Portugal or Sweden. URL: https://www.bbc.co.uk/news/business-65962497?at_medium=RSS&at_campaign=KARANGA Food prices are growing faster in the UK than in Germany, Portugal or Sweden. https://www.bbc.co.uk/news/business-65962497 Tue, 20 Jun 2023 13:41:40 GMT

Jeremy Hunt rules out government mortgage support

The chancellor says introducing help for mortgage holders would fuel further inflation. URL: https://www.bbc.co.uk/news/business-65963510?at_medium=RSS&at_campaign=KARANGA The chancellor says introducing help for mortgage holders would fuel further inflation. https://www.bbc.co.uk/news/business-65963510 Tue, 20 Jun 2023 13:09:54 GMT

Post Office bosses told to repay mistaken bonuses

The money was paid for completing an Inquiry which still hasn't finished URL: https://www.bbc.co.uk/news/business-65963710?at_medium=RSS&at_campaign=KARANGA The money was paid for completing an Inquiry which still hasn't finished https://www.bbc.co.uk/news/business-65963710 Tue, 20 Jun 2023 12:59:38 GMT

Millions to receive cost of living payment

People with disabilities will get a one-off £150 payment from Department for Work and Pensions. URL: https://www.bbc.co.uk/news/business-65960125?at_medium=RSS&at_campaign=KARANGA People with disabilities will get a one-off £150 payment from Department for Work and Pensions. https://www.bbc.co.uk/news/business-65960125 Tue, 20 Jun 2023 08:41:02 GMT

People turn to microwave meals as food prices soar

People are thinking more about what they eat and how they cook, research shows. URL: https://www.bbc.co.uk/news/business-65954252?at_medium=RSS&at_campaign=KARANGA People are thinking more about what they eat and how they cook, research shows. https://www.bbc.co.uk/news/business-65954252 Tue, 20 Jun 2023 07:01:52 GMT

TerraUSD: South Korea 'cryptocrash king' Do Kwon jailed

The collapse of the terraUSD stablecoin and the associated Luna token rocked cryptocurrency markets. URL: https://www.bbc.co.uk/news/business-65957999?at_medium=RSS&at_campaign=KARANGA The collapse of the terraUSD stablecoin and the associated Luna token rocked cryptocurrency markets. https://www.bbc.co.uk/news/business-65957999 Tue, 20 Jun 2023 02:17:16 GMT

Ministers to block plans to ban new coal mines

Measures to allow community projects to sell electricity directly to local homes are also set to be dropped. URL: https://www.bbc.co.uk/news/uk-politics-65950291?at_medium=RSS&at_campaign=KARANGA Measures to allow community projects to sell electricity directly to local homes are also set to be dropped. https://www.bbc.co.uk/news/uk-politics-65950291 Tue, 20 Jun 2023 01:03:55 GMT

Rent takes up biggest share of pay for 10 years

Tenants are spending 28% of their earnings on rent, the biggest proportion for a decade, new figures show. URL: https://www.bbc.co.uk/news/business-65903095?at_medium=RSS&at_campaign=KARANGA Tenants are spending 28% of their earnings on rent, the biggest proportion for a decade, new figures show. https://www.bbc.co.uk/news/business-65903095 Mon, 19 Jun 2023 23:07:02 GMT

Amazon, Hilton and Pepsi to hire thousands of refugees in Europe

More than 40 big European firms pledge to hire and train 250,000 Ukrainian and other refugees. URL: https://www.bbc.co.uk/news/business-65954249?at_medium=RSS&at_campaign=KARANGA More than 40 big European firms pledge to hire and train 250,000 Ukrainian and other refugees. https://www.bbc.co.uk/news/business-65954249 Mon, 19 Jun 2023 21:03:57 GMT

Record aircraft purchase announced at Paris Airshow

The deal between Indian carrier IndiGo and Airbus is the largest single order by any commercial airline. URL: https://www.bbc.co.uk/news/world-asia-india-65952879?at_medium=RSS&at_campaign=KARANGA The deal between Indian carrier IndiGo and Airbus is the largest single order by any commercial airline. https://www.bbc.co.uk/news/world-asia-india-65952879 Mon, 19 Jun 2023 15:45:02 GMT

Morrisons and M&S latest to cut price of basics

Scores of goods are to be discounted as retailers face pressure to help ease the cost of living. URL: https://www.bbc.co.uk/news/business-65954247?at_medium=RSS&at_campaign=KARANGA Scores of goods are to be discounted as retailers face pressure to help ease the cost of living. https://www.bbc.co.uk/news/business-65954247 Mon, 19 Jun 2023 15:22:14 GMT

Reddit protesters bombard site with John Oliver pictures

Some of the biggest subreddits are now only allowing posts featuring the British comedian. URL: https://www.bbc.co.uk/news/technology-65949412?at_medium=RSS&at_campaign=KARANGA Some of the biggest subreddits are now only allowing posts featuring the British comedian. https://www.bbc.co.uk/news/technology-65949412 Mon, 19 Jun 2023 11:02:42 GMT

Average two-year mortgage rate breaches 6%

It is the first time since December that the rate has been as high as 6%, prompting worry for borrowers. URL: https://www.bbc.co.uk/news/business-65931132?at_medium=RSS&at_campaign=KARANGA It is the first time since December that the rate has been as high as 6%, prompting worry for borrowers. https://www.bbc.co.uk/news/business-65931132 Mon, 19 Jun 2023 07:40:08 GMT

Keir Starmer pledges to end North Sea exploration and let areas profit from clean power

Sir Keir Starmer will vow to cut bills and create jobs when he sets out his party's green energy plans. URL: https://www.bbc.co.uk/news/uk-scotland-scotland-politics-65945214?at_medium=RSS&at_campaign=KARANGA Sir Keir Starmer will vow to cut bills and create jobs when he sets out his party's green energy plans. https://www.bbc.co.uk/news/uk-scotland-scotland-politics-65945214 Mon, 19 Jun 2023 02:22:47 GMT

Pirelli: Italy moves to block Chinese control of tyre giant

It comes as tensions between Beijing and the West are in focus as the US secretary of state visits China. URL: https://www.bbc.co.uk/news/business-65947050?at_medium=RSS&at_campaign=KARANGA It comes as tensions between Beijing and the West are in focus as the US secretary of state visits China. https://www.bbc.co.uk/news/business-65947050 Mon, 19 Jun 2023 03:02:36 GMT

Mortgage help 'under review', says Michael Gove

Michael Gove was asked about what whether any help would be given to those struggling with payments. URL: https://www.bbc.co.uk/news/business-65922072?at_medium=RSS&at_campaign=KARANGA Michael Gove was asked about what whether any help would be given to those struggling with payments. https://www.bbc.co.uk/news/business-65922072 Sun, 18 Jun 2023 10:09:05 GMT

Mortgages to go up by £2,900 a year for 800,000, says Resolution Foundation

Rising rates means those looking to remortgage will pay £2,900 a year more in 2024, a think tank says. URL: https://www.bbc.co.uk/news/business-65925224?at_medium=RSS&at_campaign=KARANGA Rising rates means those looking to remortgage will pay £2,900 a year more in 2024, a think tank says. https://www.bbc.co.uk/news/business-65925224 Sat, 17 Jun 2023 03:11:27 GMT

Why Spotify's big bet on Meghan Markle fell flat

The end of the Duchess of Sussex's podcast on Spotify is a sign of wider change in the industry. URL: https://www.bbc.co.uk/news/business-65936228?at_medium=RSS&at_campaign=KARANGA The end of the Duchess of Sussex's podcast on Spotify is a sign of wider change in the industry. https://www.bbc.co.uk/news/business-65936228 Sat, 17 Jun 2023 01:57:45 GMT

Whistleblowing banker who went to prison speaks out

Peter Johnson, who was jailed for "rigging" interest rates, speaks publicly for the first time since being released in 2018. URL: https://www.bbc.co.uk/news/business-65916892?at_medium=RSS&at_campaign=KARANGA Peter Johnson, who was jailed for "rigging" interest rates, speaks publicly for the first time since being released in 2018. https://www.bbc.co.uk/news/business-65916892 Sat, 17 Jun 2023 01:34:53 GMT

Binance exits Netherlands and faces France probe

The world's largest cryptocurrency exchange faces setbacks in Europe. URL: https://www.bbc.co.uk/news/business-65935263?at_medium=RSS&at_campaign=KARANGA The world's largest cryptocurrency exchange faces setbacks in Europe. https://www.bbc.co.uk/news/business-65935263 Fri, 16 Jun 2023 18:39:02 GMT

Tesco sees early signs inflation is starting to ease

The UK's largest supermarket says there "encouraging" indications that price rises are slowing. URL: https://www.bbc.co.uk/news/business-65925217?at_medium=RSS&at_campaign=KARANGA The UK's largest supermarket says there "encouraging" indications that price rises are slowing. https://www.bbc.co.uk/news/business-65925217 Fri, 16 Jun 2023 07:18:21 GMT

Richard Branson: Virgin Galactic commercial space flights to start this month

It comes just weeks after a separate space firm owned Sir Richard, Virgin Orbit, was shut down. URL: https://www.bbc.co.uk/news/business-65924495?at_medium=RSS&at_campaign=KARANGA It comes just weeks after a separate space firm owned Sir Richard, Virgin Orbit, was shut down. https://www.bbc.co.uk/news/business-65924495 Fri, 16 Jun 2023 03:50:24 GMT

Lincolnshire beans could provide British solution to imports

Scientists have developed a haricot seed they hope will thrive in the UK after a 12-year project. URL: https://www.bbc.co.uk/news/uk-england-lincolnshire-65908618?at_medium=RSS&at_campaign=KARANGA Scientists have developed a haricot seed they hope will thrive in the UK after a 12-year project. https://www.bbc.co.uk/news/uk-england-lincolnshire-65908618 Fri, 16 Jun 2023 01:56:08 GMT

Harry and Meghan: Spotify ends podcast deal with couple

The couple's company and the streaming firm say the Duchess's series Archetypes has been cancelled. URL: https://www.bbc.co.uk/news/uk-65924584?at_medium=RSS&at_campaign=KARANGA The couple's company and the streaming firm say the Duchess's series Archetypes has been cancelled. https://www.bbc.co.uk/news/uk-65924584 Fri, 16 Jun 2023 03:10:36 GMT

Maharashtra: The Indians taking on oil giants to stop $40bn refinery

Thousands of villagers are protesting plans for the world's largest refinery in Maharashtra. URL: https://www.bbc.co.uk/news/world-asia-india-65901226?at_medium=RSS&at_campaign=KARANGA Thousands of villagers are protesting plans for the world's largest refinery in Maharashtra. https://www.bbc.co.uk/news/world-asia-india-65901226 Thu, 15 Jun 2023 21:25:39 GMT

Kelly Hoppen: 'Music is design to me'

Interior designer Kelly Hoppen explains the role of music in her life and work. URL: https://www.bbc.co.uk/news/business-65851081?at_medium=RSS&at_campaign=KARANGA Interior designer Kelly Hoppen explains the role of music in her life and work. https://www.bbc.co.uk/news/business-65851081 Tue, 13 Jun 2023 23:02:41 GMT