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Showing posts from January, 2023

Video streaming subscriptions fall by two million in 2022

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Households cut back on streaming services in their droves as the cost of living rose sharply. http://dlvr.it/Shj98B

Man takes parcel to US to beat Royal Mail ban

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Businesses express frustration at Royal Mail's ban on sending parcels abroad after a cyber-attack. http://dlvr.it/ShfGj4

Flybe administration: Scramble to change plans after airline ceases trading

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The airline said it was ceasing trading and cancelling all flights, affecting 75,000 passengers. http://dlvr.it/ShcBkh

Hemp makes a comeback in the construction industry

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A revival of hemp cultivation in Portugal has spurred the use of hemp blocks in construction. http://dlvr.it/ShZBHX

US economic growth stronger than expected

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The US economy grew at an annual rate of 2.9% at the end of 2022, but home sales and construction tumbled. http://dlvr.it/ShWSTN

Emma Thompson and Aisling Bea urge UK banks to stop financing fossil fuels

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Emma Thompson and Aisling Bea back campaign to stop banks financing new oil, gas and coal projects. http://dlvr.it/ShSbxT

Premium Bond prize rate set to hit highest for 14 years

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The boost from next month comes as analysts warn the peak in savings rates may be approaching. http://dlvr.it/ShSbgn

Online car retailer Cazoo consults with staff over site closures

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Hundreds of jobs are at risk at online car retailer Cazoo, including 300 in Lincolnshire. http://dlvr.it/ShPjHS

West Coast Main Line: Avanti ordered to release tickets earlier

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Avanti West Coast is warned "formal measures" will follow unless it releases train tickets earlier. http://dlvr.it/ShN9HG

Elon Musk says Tesla tweet was genuine in fraud case

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The billionaire is accused of defrauding investors after a tweet claiming he had support for a deal. http://dlvr.it/ShMCTF

Turning problem sea algae into a replacement for plastic

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Seaweed, including that from unwanted outbreaks, is increasingly being turned into useful products. http://dlvr.it/ShLnh8

Microsoft extends AI partnership with ChatGPT and Dall-E maker OpenAI

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It announces a "multi-year, multibillion dollar investment" with OpenAI to accelerate breakthroughs. http://dlvr.it/ShKh1q

Spotify cuts jobs in latest round of tech layoffs

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The music-streaming company says it is shedding 6% of its workforce. http://dlvr.it/ShKGPx

Food suppliers hit back at Tesco chair in price hike row

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Industry body the Food & Drink Federation says supermarkets are already "very tough" on suppliers. http://dlvr.it/ShJpDT

Fullers pub chain blames rail strikes for losing millions

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The pubs and hotels operator says industrial action has wiped £4m off its full-year sales. http://dlvr.it/ShJMFK

Technology can help the NHS, says AstraZeneca boss

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AstraZeneca's Leif Johansson says AI and screening could prevent costly treatment in hospitals. http://dlvr.it/ShHz4j

Strikes Update: How Monday 23 January’s walkouts will affect you

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What you need to know about the ambulance workers' strike, by the BBC's Zoe Conway. http://dlvr.it/ShH3QW

Energy Price Cap: Labour calls for three month extension

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Extending the £2,500 energy price cap until July can be funded by a tougher windfall tax, Labour says. http://dlvr.it/ShGmwR

Food firms raising prices unnecessarily, Tesco's John Allan says

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Chairman John Allan says it is "entirely possible" food producers are taking advantage of the poorest. http://dlvr.it/ShGTXc

Crackdown on energy firms over rise in prepayment meters

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Many customers have been left without heat and light when not able to afford topping up their prepayment meters. http://dlvr.it/ShGBzM

UK steel industry a whisker away from collapse - Unite

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Unite has written a letter to the Business Secretary Grant Shapps seeking more government support. http://dlvr.it/ShFxFb

Crypto lender Genesis files for bankruptcy

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The cryptocurrency lender’s collapse is the latest blow to the sector. http://dlvr.it/ShCyWm

New FTX boss John Ray could bring back bankrupt crypto firm

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John Ray said he may restart the platform to try to recover "value" for customers who lost money. http://dlvr.it/Sh9BFW

Oil and gas firm Harbour Energy blames job cuts on windfall tax

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Harbour Energy is eyeing a reduction of its UK workforce, most of which is based in Aberdeen. http://dlvr.it/Sh6DSr

Strikes Update: How nurses' strikes on Wednesday will affect you

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What you need to know about the nurses' strike and other industrial action, by the BBC's Zoe Conway. http://dlvr.it/Sh3Drd

Lab-grown alternatives aim to cut palm oil dependence

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Two biotech firms have developed oils made from yeast as a replacement for palm. http://dlvr.it/Sh0Dx7

Cost of living: What do I do if I can't afford to pay my debts?

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What help and options are available to people struggling with debt repayments? http://dlvr.it/SgyM1h

Cost of living: Charity warns Christmas debt could take years to repay

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Advisers warn of pain to come as a poll for the BBC suggests many have no idea how they will repay festive spending. http://dlvr.it/SgwxyR

US-China chip war: America is winning

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The rivalry is entering a new phase, with global players increasingly caught in the crossfire. http://dlvr.it/SgvfHb

CEO Secrets: boxing boss reveals his punishing routine

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Ben Amanna, founder and CEO of Boxraw, which sells kit and clothing for boxing, shares his business advice. http://dlvr.it/SgvNtW

Adidas loses stripes row trademark battle with luxury designer Thom Browne

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The sportswear giant argued the use of four parallel stripes was too similar to its logo. http://dlvr.it/SgsPWJ

Liberty Steel restructuring puts 440 jobs at risk

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Union leaders say plans to mothball factories and cut production is a 'body blow' to workers. http://dlvr.it/SgphCQ

Elon Musk's drop in fortunes breaks world record

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The Tesla and Twitter boss has seen his fortune fall by $165bn (£135bn) since November 2021. http://dlvr.it/Sglmrj

Wilko customer service staff at risk of redundancy

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The 95 staff members at its contact centre are in a consultation process, the company says. http://dlvr.it/Sghv6m

Rents rising at fastest rate for seven years

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Renters are being hit harder than owners by rising housing costs, official data shows. http://dlvr.it/Sgdz9R

US Farmers win right to repair John Deere equipment

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The grassroots movement has grown among consumers around the world as repair costs soar. http://dlvr.it/Sgb8Cm

Strike daily: How Monday 9 January strikes will affect you

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What you need to know about industrial action taking place on Monday. http://dlvr.it/SgZD3b

Jack Ma to give up control of fintech giant Ant Group

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The billionaire has seldom been seen in public since criticising China's financial sector in 2020. http://dlvr.it/SgYfNf

The pandemic entrepreneurs moving into the High Street

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Entrepreneurs who started internet firms in lockdown are making the transition to bricks and mortar. http://dlvr.it/SgY6d7

Flying boats and other tech for cleaner shipping

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The shipping industry is experimenting with foils, sails and fuel to make itself less carbon intensive. http://dlvr.it/SgW9Yq

Covid: Hong Kong to lift year-long ban on hamster imports

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Officials in the city previously ordered a culling of the pets to stop the spread of Covid-19. http://dlvr.it/SgScY2

Sainsbury's to raise pay to at least £11 per hour

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The supermarket giant increased pay for the third time in a year in a bid to keep up with rivals. http://dlvr.it/SgPqS3

Warm winter may lower energy bills later this year

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Forecasts suggest bills for households may drop later in the year, although a rise in April remains certain. http://dlvr.it/SgPqHL

Mortgage approvals sink to lowest level in two years

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New figures from the Bank of England show that they dropped to their lowest level since the middle of the pandemic. http://dlvr.it/SgPq98

Tom Karen: Designer behind 1970s' cult classics dies

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Tom Karen helped create some famous children's products from the 1970s as well as the Bond Bug car. http://dlvr.it/SgLw92

Cost-of-living payments: Three instalments totalling £900 confirmed

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People receiving benefits and on a low income will receive the money in three instalments. http://dlvr.it/SgJr8b

Four-day working week: How we got here - and where next

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Working four days a week might seem radical. But it wasn't so long ago that a six-day week was normal. http://dlvr.it/SgHkZK

Train strikes: People returning to work face more strikes

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Only 20% of services are expected to run this week due to walkouts by RMT and Aslef union members. http://dlvr.it/SgH1cQ

Dubai scraps 30% alcohol tax and licence fee in apparent bid to boost tourism

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It will also stop charging for personal alcohol licences - something anyone who intends to drink needs to carry. http://dlvr.it/SgFZPJ

Retail: Last year saw a big jump in the number of shops closing

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A total of 17,145 shops shut last year across the UK's High Streets, shopping centres and parades. http://dlvr.it/SgFJx7