107969163 liam.fox.g - Aid budget to be used by International Trade Department
Business

Aid budget to be used by International Trade Department

Image copyright Getty Images The Department for International Trade is to be given part of the official £14bn aid budget. It will spend the funds on helping developing countries learn from UK expertise on trade deals and attracting foreign investment. The move will see Liam Fox’s department spending funds earmarked as Official Development Assistance. The […]

107967932 gettyimages 1157176725 - China's new Nasdaq-style board begins trading
Business

China's new Nasdaq-style board begins trading

Image copyright Getty Images Trading on China’s new Nasdaq-style technology board began on Monday and got off to a solid start. Most shares on the so-called Star market, operated by the Shanghai Stock Exchange, surged on debut. Last year China said it would launch the technology-focused trading board, as it sought to build on Shanghai’s […]

107945416 jeffnoel - Danger tumble dryers: 'I'm sorry' says Whirlpool executive
Business

Danger tumble dryers: 'I'm sorry' says Whirlpool executive

A senior Whirlpool executive has apologised to customers affected by the saga of dangerous tumble dryers sold for 11 years in the UK. Whirlpool is now launching a full recall of any remaining fire-prone dryers, nearly four years after first alerting people to the safety issue. Speaking to the BBC, its vice-president Jeff Noel defended […]

107965132 body.camera.g - Body-worn cameras to be compulsory for bailiffs
Business

Body-worn cameras to be compulsory for bailiffs

Image copyright Getty Images Image caption There are also calls for an independent regulator to target rule-breaking bailiffs Body-worn cameras are to be compulsory for bailiffs under government plans to improve the treatment of people in debt. The Ministry of Justice (MoJ) said the move should help protect those in debt from “intimidation and aggression” […]

105345213 workinggettyimages 609798302 - Renters may get access to rogue landlord database
Business

Renters may get access to rogue landlord database

Image copyright Getty Images Image caption The proposal would allow renters in England to check up on their prospective landlord A database of rogue landlords would be opened up to prospective tenants under government plans. The Rogue Landlords Database was launched in 2018 and includes those who have been banned for failing to make a […]

107952931 gettyimages 1056018162 1 - HS2: Costs review 'ongoing' amid reported £30bn overrun
Business

HS2: Costs review 'ongoing' amid reported £30bn overrun

Image copyright Getty Images The government has insisted that a review of the cost of a new high-speed railway linking London, Birmingham, Manchester and Leeds is continuing. The assurances come despite the project reportedly needing an extra £30bn. HS2 chairman Allan Cook has written to the Department for Transport to warn that the project will […]

107809073 holidaycouple getty - Pound sterling: 5 holiday destinations where a weak pound still goes far
Business

Pound sterling: 5 holiday destinations where a weak pound still goes far

Image copyright Getty Images The timing couldn’t be worse. Just as many of us are preparing to jet off on our much awaited summer holiday break, the pound has taken a further tumble. Tourist exchange rates are based on how the pound trades on international money markets. Lately it hasn’t been good. This week, sterling […]

107947781 tescoshopper getty - Tesco raises prices on 1,000 products
Business

Tesco raises prices on 1,000 products

Image copyright Getty Images Britain’s largest supermarket, Tesco, has increased the price of more than 1,000 products in the past two weeks. The firm raised prices on products including cheese, chocolate and bananas by an average of 11%, according to the Press Association. Tesco says it held off raising prices for as long as it […]

107330585 workersgettyimages 636055226 - Workers could get compensated for cancelled shifts
Business

Workers could get compensated for cancelled shifts

Image copyright Getty Images Zero-hours and “gig economy” workers who have shifts cancelled at short notice could be paid compensation under new government plans. The proposal is part of a package of measures aimed at improving the rights of low-paid flexible workers. Under the proposals, they could receive the full value of the shift cancelled […]

107944370 p07h9m39 - Would this burger tempt you to eat meat?
Business

Would this burger tempt you to eat meat?

Two BBC presenters put Impossible Foods’ meat-free burger to the taste test. How does it shape up? Do you have a view about this post? Leave a comment on our Facebook page Credited Source link

107935603 p07h7jj0 - How the doughnut became a million dollar idea
Business

How the doughnut became a million dollar idea

Every country has a version of the doughnut. The Netherlands has the olykoek. France has the beignet. But only in America did people think of turning out doughnuts on an industrial scale and selling them through giant corporations. Here’s Aaron Heslehurst with another million dollar idea… Video Journalist: Jeremy Howell Do you have a view […]

101011280 yuribnzh - Government borrowing sees sharp rise in June
Business

Government borrowing sees sharp rise in June

Image copyright Getty Images Public sector net borrowing rose sharply in June because of higher debt interest payments and rising spending on services, figures show. It totalled £7.2bn, according to the Office for National Statistics, up from £3.3bn in June 2018. It was the highest June borrowing since 2015, the ONS said. The government took […]