News
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BBC News - Business
UK economic outlook has deteriorated, Bank of England warns
Tue, 05 Jul 2022 13:21:30 GMT
But banks are well-placed to weather even a severe economic downturn, the Bank of England says.
British Airways cancels 1,500 more flights
Tue, 05 Jul 2022 16:05:23 GMT
The airline cancels more flights in July, affecting tens of thousands of passengers.
Sainsbury's customers switching to own-brand products
Tue, 05 Jul 2022 12:46:27 GMT
Customer behaviour is changing with pressure on household budgets set to increase, supermarket says.
Royal Mail managers announce strike dates
Tue, 05 Jul 2022 15:30:13 GMT
The Unite union says 2,400 managers across the UK will take part in the action this month.
Travel insurance: Air passengers warned to check for strike cover
Tue, 05 Jul 2022 10:46:00 GMT
Four in 10 policies offer no protection if holidays are cancelled by strikes, says Which?.
Pilots' strike pushes SAS airline into bankruptcy move
Tue, 05 Jul 2022 10:22:56 GMT
The Scandinavian carrier files for bankruptcy protection in the US as its pilots take action over pay.
School dinners: Beef off the menu as costs rise
Mon, 04 Jul 2022 11:15:29 GMT
Menus have fewer options and some schools are switching to cheaper meat from abroad, caterers say.
Cost of living: Families who care for relatives' children in crisis
Thu, 30 Jun 2022 23:29:57 GMT
Laura took in her two half-siblings six years ago, but says she is now struggling as prices soar.
Petrol station staff abused over high fuel prices
Wed, 29 Jun 2022 23:03:02 GMT
There is a "huge increase" of abuse by drivers angry at the price at the pump, forecourt operators say.
Heinz products off Tesco shelves after pricing dispute
Wed, 29 Jun 2022 17:04:33 GMT
The beans, sauce and soup-maker is pausing supply to the UK's largest supermarket in a price rise row.
Poundland boosts £1 items in battle for shoppers
Wed, 29 Jun 2022 00:21:40 GMT
The discount chain says it is seeing a rise in customer numbers as people seek savings.
Scratch card sales fall as cost of living rises
Tue, 28 Jun 2022 11:33:38 GMT
Camelot says there are signs consumers have "tightened their belts" as living costs rise.
Plan to cut energy bills if you avoid peak-time use
Mon, 27 Jun 2022 12:40:14 GMT
Some households could get discounts for using less energy at peak times under National Grid's scheme.
Cost of living: People cut back on food shopping as price rises bite
Fri, 24 Jun 2022 09:43:58 GMT
Retail sales fell 0.5% in May as households cut spending in supermarkets due to the rising cost of living.
UK inflation rises at fastest rate for 40 years as food costs jump
Wed, 22 Jun 2022 13:52:42 GMT
Food, energy and fuel price rises help drive inflation up in May at its fastest pace since 1982.
Chancellor Rishi Sunak defends likely pensions rise
Wed, 22 Jun 2022 13:53:52 GMT
There's criticism of the move as ministers warn workers not to expect pay rises to match increasing costs.
Hospice warns energy bill to rise by £35,000 in one year
Tue, 05 Jul 2022 12:59:32 GMT
Hospices across the UK are battling rising inflation and wage costs, charities warn.
Low prices becoming more important for shoppers, firms told
Tue, 05 Jul 2022 08:29:32 GMT
As complaints and prices rise, experts say businesses also need to focus on offering choice and value.
Chinese property developers accept farm produce for homes
Tue, 05 Jul 2022 06:10:35 GMT
China's once-booming property market has been hit hard by the country's zero-Covid policies.
DHL investment plan to create 3,500 jobs
Tue, 05 Jul 2022 07:20:11 GMT
The plans are part of a £190m investment to create and expand locations across the country.
Sri Lanka: 'I can’t afford milk for my babies'
Tue, 05 Jul 2022 00:31:01 GMT
As fuel, food and medicines run out, Sri Lanka is on the brink of a humanitarian crisis, the UN warns.
Pret sales jump as it focuses on towns and suburbs
Mon, 04 Jul 2022 17:54:32 GMT
Pret A Manger's stores outside London now account for most of the sandwich chain's growth.
EasyJet executive quits after major flight disruption
Mon, 04 Jul 2022 14:23:31 GMT
The move comes after the airline has been criticised for flight cancellations and disruption.
Kellogg's loses court case over sugary cereal supermarket offers
Mon, 04 Jul 2022 12:51:54 GMT
It means products like Crunchy Nut Corn Flakes will not be allowed in end of aisle promotions.
Pub numbers fall to lowest on record
Mon, 04 Jul 2022 08:59:39 GMT
The number of pubs in England and Wales has fallen by 7,000 in a decade, research suggests.
Sri Lanka energy minister warns petrol stocks about to run dry
Mon, 04 Jul 2022 14:58:41 GMT
The crisis-hit country's next shipment of petrol is not due to arrive until later this month.
Prices in Turkey rise at fastest pace for 24 years
Mon, 04 Jul 2022 12:06:13 GMT
The country's inflation rate hits 78%, as prices continue to spiral further upwards due to the Ukraine war.
Rolls-Royce: Six sites shortlisted for nuclear reactor factory
Mon, 04 Jul 2022 11:19:26 GMT
The plant will help build 16 Small Modular Reactors planned for construction over the next 25 years.
Worse to come for food price rises, warns industry
Sun, 03 Jul 2022 16:31:28 GMT
Shop prices may not hit their peak until next year, says the Food and Drink Federation.
Flight cancellation plan aims to ease summer chaos
Sat, 02 Jul 2022 19:38:01 GMT
BA and Heathrow say the move will help minimise disruption for passengers during the peak season.
The supermarket rows you don't usually hear about
Sat, 02 Jul 2022 23:37:29 GMT
The spat between Heinz and Tesco has shone a light on the challenges facing suppliers and retailers.
Rail strikes: No rush to call for more action, says union
Fri, 01 Jul 2022 10:58:18 GMT
The RMT's comments follow last week's industrial action which caused travel disruption across the UK.
Russia moves to take control of Sakhalin-2 oil and gas project
Fri, 01 Jul 2022 10:29:59 GMT
The Russian government moves to take over Sakhalin-2 in which Shell has a share of more than a quarter.
UK and New Zealand expand working holiday visas
Fri, 01 Jul 2022 16:58:57 GMT
The age limit for a visa to live and work in either country will go up to 35 under a new deal.
Argentina's economy minister makes sudden exit
Sun, 03 Jul 2022 00:48:44 GMT
Martin Guzmán's departure leaves a big question mark over Argentina's future economic policy.
Energy companies' customer service hits record low
Fri, 01 Jul 2022 15:26:40 GMT
Standards have "plummeted" since last year when many firms went bust, Citizens Advice says.
The retailers setting up shop in the metaverse
Sun, 03 Jul 2022 23:10:24 GMT
As brands join the new virtual universe they have to choose exactly where to locate themselves.
Cost of living: How can I save money on my food shop?
Tue, 05 Jul 2022 12:40:51 GMT
The cost-of-living crisis continues to bite. Here are some things that can reduce the impact.
How flowers are 'put to sleep' for long sea voyages
Thu, 30 Jun 2022 23:01:04 GMT
Kenya's flower exporters are switching to sea freight as new tech helps keep flowers fresh at sea.
Fighting for rights for workers undergoing fertility treatment
Sat, 02 Jul 2022 23:25:48 GMT
Proposed legislation would require employers to give staff time off work to attend fertility appointments.
Sri Lanka fuel crisis: Waiting for days to get fuel
Thu, 30 Jun 2022 23:22:00 GMT
Even taxi drivers and car salesmen are forced into two-day mile-long queues for petrol in Sri Lanka.
Sandwich shops bite back after challenging years
Wed, 29 Jun 2022 23:06:02 GMT
Sandwich sellers are seeing customer numbers return, but hybrid working means some remain quiet.
Why I kept my sexuality a secret at work
Tue, 28 Jun 2022 16:11:34 GMT
How an aircraft engineer overcame his fear of revealing his sexuality and set up a Pride network.
Why business is still optimistic about Hong Kong
Wed, 29 Jun 2022 00:29:51 GMT
Twenty five years on from the handover from the UK, many business owners and leaders remain optimistic.
The staff shortage slowing down air cargo and bags
Thu, 23 Jun 2022 23:05:29 GMT
A lack of skilled cargo handlers is now hampering the booming air freight business too.
How Aussie farmers are hoping to win over tequila fans
Wed, 22 Jun 2022 23:13:47 GMT
Two Australia farmers are aiming rival Mexican tequila and mezcal with a similar delicious spirit.
Could nuclear desalination plants beat water scarcity?
Mon, 20 Jun 2022 23:16:31 GMT
Engineers are developing mobile, floating nuclear desalination plants to help solve water shortages.
US parents turn to black market due to formula shortage
Sat, 18 Jun 2022 23:30:17 GMT
As the US grapples with a formula crisis, parents are turning to the black market for supplies.
How India could become a 'mushroom superpower'
Thu, 16 Jun 2022 23:29:12 GMT
Changing tastes mean mushroom entrepreneurs are only just getting started.
How human-like are the most sophisticated chatbots?
Wed, 15 Jun 2022 23:05:46 GMT
As a Google engineer says his firm's top chatbot has feelings, just how lifelike is the technology?
CEO Secrets: 'Don't treat your business like your baby'
Tue, 14 Jun 2022 23:03:22 GMT
Liz Jackson MBE started her career as an entrepreneur, creating her own marketing company, aged 25.