Business

Microsoft’s Bing search engine inaccessible in China

Image copyright Getty Images US tech giant Microsoft has confirmed that its search engine Bing is currently inaccessible in China. Social media users have expressed concern that the search engine might be the latest foreign website to be blocked by censors. Chinese authorities operate a firewall that blocks many US tech platforms, including Facebook and […]

Business

Shops lose 70,000 jobs in a year, says BRC

Image copyright Getty Images Image caption High Street shops are under pressure as never before UK shops and retailers employ 70,000 fewer people than they did a year ago as the High Street continues to decline, a survey indicates. In the final three months of 2018, the number of employees in the retail sector fell […]

Business

Real Madrid regains top spot in world football rich list

Image copyright Getty Images Real Madrid has topped the table of the world’s 20 richest football clubs, displacing Manchester United with record revenues of €750.9m (£674.6m). Man Utd slipped to third with Barcelona making it the first Spanish one-two since 2014-15, said Deloitte. Its Football Money League, based on season 2017-18, also shows the combined […]

Business

I was made a scapegoat, says ex-Tesco director

Image copyright Reuters Image caption Carl Rogberg, here with wife Amanda, says the four-and-a-half-year ordeal took its toll on his health. Tesco’s former UK finance director feels he was made a scapegoat for the retailer’s accounting scandal that wiped £1bn off the company’s value. Carl Rogberg, cleared on Wednesday of fraud and false accounting, claims […]

Business

Sale of Grenfell cladding firm collapses

Image copyright Arconic A multi-billon-dollar sale of the US company that made external cladding on Grenfell Tower has fallen through. Arconic had been in talks with several US private equity firms about a takeover worth $10bn-plus (£7.7bn). The company, whose shares tumbled on the news, said in a statement that it did not receive an […]

Business

Dyson to move head office to Singapore

Image copyright Getty Images Image caption Dyson makes a range of household appliances Dyson has announced that it is moving its headquarters to Singapore, from Malmesbury in Wiltshire. The move by the appliance maker means two executives will relocate – chief financial officer Jorn Jensen and chief legal officer Martin Bowen. Other work at Malmesbury […]

Business

Four more House of Fraser stores saved

Image copyright Getty Images House of Fraser stores in four shopping centres owned by Intu have been saved following talks with the department store chain’s owners, Sports Direct. The stores at Chapelfield in Norwich, Lakeside in Thurrock, Metrocentre in Gateshead and Victoria Centre in Nottingham had been earmarked to close. An Intu spokesperson said there […]

Business

Card surcharges: Customers charged hundreds illegally

Image copyright Getty Images Image caption Card surcharges were banned in January 2018 Customers are paying hundreds of pounds as retailers are illegally charging for card payments, a BBC investigation has found. Credit and debit card surcharges were banned in January 2018, but retailers, letting agents and even a university have been found breaking the […]