Business

Comcast boosted in battle for Sky

Image copyright Reuters Image caption Sky is at the centre of a bidding war US cable TV giant Comcast appears to have gained the upper hand in its battle to take control of Sky. The firm’s £22bn bid for Sky is unlikely to be referred to the competition authorities, the culture secretary Matt Hancock has […]

Business

US and China halt imposing import tariffs

Image copyright Getty Images Image caption China’s exports to the US far outweigh what it imports China and the US say they will halt imposing punitive import tariffs, putting a possible trade war “on hold”. The deal came after talks in the US aimed at persuading China to buy $200bn (£148bn) of US goods and […]

Business

Ocado delivers for 'patient' investors

Image copyright Ocado Image caption Food delivery tech firm Ocado has had a good week There may be a wry smile on the faces of Ocado’s founders and investors this weekend as they reflect on a remarkable few days. Once a perennial disappointment with their jam-tomorrow promises, the directors have taken the online food retailer […]

Business

Glencore shares fall on SFO probe fears

Image copyright Reuters Image caption Glencore has its headquarters in Switzerland, but its shares are traded in London Shares in London-listed mining giant Glencore have fallen 7% following a report of a potential investigation into its actions in Africa. Glencore said it could not comment on a Bloomberg report that it may face an investigation […]

Business

TSB customers complain about fraud alert failures

Image caption TSB is still having problems after the IT switchover TSB customers who have had money taken from their accounts say they have not received alerts warning them of fraudulent activity. Victims have told BBC Radio 4’s You and Yours that their accounts have been emptied without them getting a single call or text […]

Business

Are tumble dryers still a fire risk?

After five million tumble dryers made by Whirlpool were identified as a fire risk, the company started fixing them. But dryers still seem to be catching fire, even after they have been modified to make them safe. Viewers of the BBC’s Watchdog Live sent pictures of two separate incidents. Whirlpool rejects Watchdog’s allegations, and says […]

Business

T-Mobile owner battles dataJAR over magenta logo

Image copyright T-Mobile / dataJAR Image caption T-Mobile’s logo (above) and dataJAR’s (below) A British software company could face a costly legal battle after a telecoms giant took issue with the colour of its logo. Lawyers acting for T-Mobile owners Deutsche Telekom have opposed a trademark application by Brighton-based company dataJAR. Hogan Lovells said the […]

Business

Royal wedding sales lift to be 'limited'

Image copyright Getty Images Image caption Prince Harry and Meghan Markle announced their engagement in November Prince Harry’s wedding to Meghan Markle may have bells ringing but it won’t keep UK tills ringing, an economic forecasting group has found. The overall benefits to the UK economy from the nuptials will be “limited”, says the EY […]

Business

Wage squeeze worst in modern history says TUC

Image copyright PA The UK’s real wage squeeze will be the worst in modern history and the slowest for 200 years, according to union data. The Trades Union Congress (TUC) says wages have lagged behind inflation since 2008 and are worth £24 less in real terms than in 2008. It says they won’t recover until […]

Business

Train tickets: Rail industry plans fares shake-up

Image copyright Getty Images Britain’s rail companies are to launch a public consultation aimed at making ticketing fairer and easier to use. The Rail Delivery Group (RDG), which represents rail firms, said about 55 million different fares exist in the current system. A passenger group said reform was “overdue”. The industry admits passengers are not […]