News from Business

Pound largely holds on to gains after May survives no-confidence vote

Pound largely holds on to gains after May survives no-confidence vote

The pound largely held on to overnight gains on Thursday after the British prime minister, Theresa May, survived a no-confidence vote on her leadership, buying her more time to sell her unpopular Brexit deal to a deeply divided parliament. Sterling...

Guardian, Thursday, 07:44
 
New Jersey urged to enforce ‘code of conduct’ for Amazon workers

New Jersey urged to enforce ‘code of conduct’ for Amazon workers

A coalition of labor advocacy groups is pushing New Jersey to enforce a “code of conduct” for warehouse workers at Amazon and other major online retailers, which includes a minimum wage, stabilized work hours and the right to unionise. A report...

Guardian, Thursday, 07:44
 
Paying my Dartford Crossing fine has become a French farce

Paying my Dartford Crossing fine has become a French farce

I have read about the number of unpaid fees for the Dartford Crossing since the automated system was introduced. My experience may provide one explanation. I crossed on my way home to France. I couldn’t pay the Dart Charge within the “midnight the day...

Guardian, Thursday, 07:44
 
House of Fraser revival 'challenging'

House of Fraser revival 'challenging'

Sports Direct boss Mike Ashley has said his firm faces "significant challenges" in turning around the House of Fraser store chain, which it bought in August. Mr Ashley said he believed that its previous management team "traded the...

BBC, Thursday, 07:43
 
Betting firms to ban pre-watershed TV adverts during live sport events

Betting firms to ban pre-watershed TV adverts during live sport events

The gambling industry has confirmed plans to press ahead with a voluntary ban on betting adverts during sport programmes from next summer, amid mounting pressure to protect children from excessive exposure to gambling. Jeremy Wright, the culture...

Guardian, Thursday, 06:34
 
Why are there so many pre Christmas sales?

Why are there so many pre Christmas sales?

Shoppers are seeing a boom in pre-Christmas sales as retailers try to lure them back to High Street shops. Squeezed by rising costs and online competition retailers are turning to sales and promotions to tempt back shoppers. Greg Harwood, director at...

BBC, Thursday, 00:30
 

Hamleys pulls slime toy amid safety fears

Hamleys has stopped selling a children's slime toy after the product failed a safety test for boron, a chemical that can impair fertility. Tests by consumer group Which? found that Frootiputti slime, made by Goobands and sold at Hamleys, had four...

BBC, Thursday, 00:30
 
Marmite sprouts? Why retailers are pushing the boundaries with festive food

Marmite sprouts? Why retailers are pushing the boundaries with festive food

Many readers will find the thought of Christmas tree-flavoured crisps revolting, but Iceland is betting its customers will feel the opposite this festive season. The crisps are part of the supermarket chain's festive food range, and have a distinct...

BBC, Thursday, 00:30
 
'If the factory closes what could I afford to eat?'

'If the factory closes what could I afford to eat?'

Sao Run is worried that if the clothing factory where she works closes down she won't be able to feed herself and her son. A 34-year-old widow, she has spent almost 13 years making coats and jackets at a facility on the outskirts of Cambodia's...

BBC, Thursday, 00:30
 
UK property market at weakest since 2012 as Brexit takes toll – Rics

UK property market at weakest since 2012 as Brexit takes toll – Rics

Brexit is battering the UK property market, pushing it to its weakest level in more than six years, with almost half of surveyors reporting that sellers and buyers are sitting tight because of political uncertainty. The Royal Institution of Chartered...

Guardian, Thursday, 00:18
 
Six slime and putty toys sold in UK fail to meet safety standards

Six slime and putty toys sold in UK fail to meet safety standards

Six out of 13 “slime” and putty toys have failed to meet EU safety standards when tested for the presence of a potentially harmful chemical, according to research by a consumer group. Following an investigation earlier this year that found almost all...

Guardian, Thursday, 00:18
 
Markets rally as hopes for breakthrough in US-China trade dispute rise

Markets rally as hopes for breakthrough in US-China trade dispute rise

Financial markets around the world have rallied amid early signs of progress in the bitter trade standoff between the US and China, as hopes rise for a breakthrough in the dispute. Wall Street shook off days of volatility to post broad gains in early...

Guardian, Wednesday, 19:34
 
Sainsbury’s and Asda challenge CMA over merger

Sainsbury’s and Asda challenge CMA over merger

Sainsbury’s and Asda have launched a legal challenge after complaining they are unable to meet the deadlines of the competition watchdog investigating their planned £7.3bn merger. The deal, which was announced in April, promises to create a new force...

Guardian, Wednesday, 18:43
 
Yahoo parent Verizon cuts value of media brands by $4.6bn

Yahoo parent Verizon cuts value of media brands by $4.6bn

The collective value of digital media brands including Huffington Post, Yahoo and AOL, which once had a stock market capitalisation of more than $200bn (£158bn), has been slashed to only $200m by their parent Verizon. The US telecoms company has taken...

Guardian, Wednesday, 18:29
 
Landlord fined £25,000 over lack of hot water for disabled tenant

Landlord fined £25,000 over lack of hot water for disabled tenant

The wife of Britain’s most controversial buy-to-let landlord, Fergus Wilson, has been ordered to pay £25,000 in fines and legal costs after a court ruled that she had failed to supply hot water to a disabled tenant. The court found that Judith Wilson,...

Guardian, Wednesday, 17:58
 


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