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Business News From BBC



Missguided fashion retailer on verge of collapse
The fast fashion brand could call in administrators as early as Monday, the BBC has been told.

How do I get the £400 energy grant and the £650 one-off payment?
The chancellor says the new support will help with soaring bills, so how will you receive the money?

Cost of living: Boris Johnson says help with rising bills targeted at poorest
Boris Johnson says the government can not fix everything, but is supporting those who need it the most.

Electric car rapid charging costs soar, says RAC
Energy prices are rising but electric car charging is still cheaper than petrol, claims group.

Twitter investor sues Elon Musk and platform over takeover bid
The lawsuit alleges the multi-billionaire's "wrongful conduct" has caused Twitter shares to plunge.

Brits set to spend millions on Platinum Jubilee merchandise
As the Queen's Platinum Jubilee approaches, memorabilia and flags are flying off the shelves.

Energy bills: More help may be expected next year, says think tank
The government will face pressure to give more support if energy prices do not fall, a think tank says.

Cost of living package will have minimal impact on inflation, says Rishi Sunak
The chancellor defends measures to help with the cost of living, which he is not calling a windfall tax.

Cost of living: 'My daughter won't ask me for money for sanitary products'
A mother explains how she can't make ends meet as data suggests more people are struggling.

Energy price cap: Typical energy bill set to rise by £800 a year in October
Industry regulator Ofgem warns households that they should expect higher energy bills this winter.

Why chicken is getting more and more expensive
We follow a chicken from farm to supermarket shelf to see how costs are building up at every stage.

Cost of living: Two-child families paying £400 a month more
The rising cost of energy, transport and childcare is forcing families to make tough choices.

E.On UK boss warns 40% of customers face fuel poverty
Chief executive Michael Lewis calls for government intervention to help struggling households.

Governments should subsidise food and energy, says IMF boss
Managing director Kristalina Georgieva says state subsidies can help with the cost of living.

Cost of living: What are Rishi Sunak's options to ease the burden on households?
There are ways the chancellor could tackle the strain on people's pockets - but what do they cost?

Business confidence is falling, says Natwest boss
Firms face problems with supply chains, energy bills and skill shortages, says Alison Rose.

P&O Ferries boss 'incredibly sorry' for impact of sackings
The company sacked almost 800 seafarers in March to replace them with cheaper agency workers.

McDonald's defeats billionaire Carl Icahn in vote over pigs
Shareholders rejected proposals from Carl Icahn who voiced concerns over the treatment of pigs.

Windfall tax will drive away North Sea investors, says industry body
Oil and gas operators fear a new levy will create "long-lasting uncertainty over future investment".

Billionaire’s stake in BT faces security probe
The UK government is using new powers to investigate Patrick Drahi's 18% holding in the telecoms giant.

'We don't want UK-EU trade war' - Irish PM
Micheál Martin says he is hopeful he will not have to contemplate tariffs against UK exports.

Ukraine war: World Bank boss warns over global recession
David Malpass also said coronavirus lockdowns in China are contributing to a global slowdown.

Dyson moves beyond vacuum cleaners to home robots
The company is setting up a major robotics research centre in the UK.

Newport plant critical to easing microchip shortage, says boss
IQE is in talks with the Welsh and UK governments over expanding its Newport factory.

Newport Wafer Fab: Chinese buyout of UK's biggest chip plant to be reviewed
The UK government says it will make a national security assessment of the sale of Newport Wafer Fab.

Volkswagen to pay out £193m in 'dieselgate' settlement
More than 90,000 people will get payouts over the installation of emissions cheating devices.

Cost of living crisis: Sheerness cafe owner sleeps on shop floor to save money
Steve Jackson skips meals to help pay the rent on his vintage tea shop in Sheerness High Street.

The meat and dairy farmers who are going vegan
Due to animal welfare and environment concerns, some farms are converting to vegan production.

Could hydrogen ease Germany's reliance on Russian gas?
Why hydrogen might be one route for Germany to move away from dependence on Russian imports.

'I found my dream job in retirement - marrying people'
Former teacher Amanda Wheal explains how she reinvented herself as a wedding celebrant.

Quad: The China factor at the heart of the summit
The group will refocus on an open and safe Indo-Pacific - and analysts say this is aimed at China.

The sci-fi technology tackling malarial mosquitos
Gene drive development makes a genetically modified gene that spreads widely within populations.

Australia election 2022: Cost of living worries voters
If interest rates keep rising 300,000 Australians may default on mortgage repayments.

Will swapping out electric car batteries catch on?
One Chinese carmaker has plans for thousands of stations in Europe where you can switch batteries.

India seeks to win public trust in crisis-hit Sri Lanka
Sri Lanka's giant neighbour is emerging as one of its biggest providers of aid, after years of mistrust.

How Gen Z is hooked on cryptocurrency and NFTs
A growing number of young people are getting into crypto trading - despite the risks.

The new jet set - why private plane usage has soared
The pandemic led to more people using private jets, but is the increase set to continue?

Why the volatile price of aluminium matters
From door frames to aircraft and food packaging - how soaring prices will impact the world economy.




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