Business and Economic News

Wage growth nears 11-year high but hiring slows

Tue, 16 Jul 2019 09:32:00 +0100

Average wage growth has accelerated to levels not seen since July 2008, according to official figures.

Topshop owner Arcadia's restructure plan challenged

Tue, 16 Jul 2019 13:32:00 +0100

Topshop's parent company Arcadia. which averted collapse last month, has had its rescue plan challenged by a US creditor.

Ryanair to cut services as Boeing 737 MAX crisis hits fleet

Tue, 16 Jul 2019 07:09:00 +0100

Ryanair says delays to deliveries of the crisis-hit Boeing 737 MAX means it must scale back some of its services.

Laterooms owner checks into new destination

Tue, 16 Jul 2019 11:11:00 +0100

The owner of hotel booking website is seeking a change of destination after putting itself up for sale.

Tax on sugary drinks takes fizz out of Irn-Bru parent

Tue, 16 Jul 2019 11:22:00 +0100

Shares in the company behind Irn-Bru and Rubicon drinks has seen its share price lose a quarter of its value after it issued a profit warning.

Google walkout leader leaves company after 'retaliation'

Tue, 16 Jul 2019 09:42:00 +0100

Meredith Whittaker, one of the Google employees who led global walkouts at the tech giant over sexual harassment claims, has left the company following allegations of a fallout against the protest's organisers.

UK risks 'catastrophic' climate change impact if farming doesn't change

Mon, 15 Jul 2019 23:41:00 +0100

The UK's entire farming and food system must become sustainable by 2030 if the country is to tackle the climate change crisis. 

'Tulip' skyscraper plans blocked by London mayor

Tue, 16 Jul 2019 09:06:00 +0100

London mayor Sadiq Khan has blocked plans for a new skyscraper dubbed The Tulip to be built in the city.

Facebook's scam detection service goes live following lawsuit

Tue, 16 Jul 2019 02:09:00 +0100

Facebook's new scam reporting tool goes live today following legal action aimed at forcing it to take online fraud more seriously.

Money Shop plans £18m customer payout pot

Mon, 15 Jul 2019 18:21:00 +0100

One of Britain's biggest short-term consumer lenders is to ring-fence an £18m compensation pot for creditors as it prepares to wind itself up following a surge in customer complaints.