Business

MEPs reject controversial copyright law

Image copyright Getty Images Image caption MEPs have been subject to fierce lobbying by both those who favoured and those who opposed the legislation MEPs have voted to reject a controversial copyright law in its current form, deciding to return to the issue in September. The law would have put a greater responsibility on individual […]

Business

Supermarkets win card fee court battle

Image copyright Getty Images Three of Britain’s biggest supermarket chains have won the latest stage of their legal battle against card operators Mastercard and Visa. The Court of Appeal confirmed two earlier rulings that the card charges – known as interchange fees – infringed EU competition law. Sainsbury’s, Argos, Morrisons and Asda have all argued […]

Business

Elon Musk calls Tesla 'a real car company'

Image copyright Reuters Tesla is finally “a real car company”, chief executive Elon Musk has said, after hitting a target to build 5,000 Model 3 electric cars in a week. In an email, Mr Musk praised staff for reaching the much-delayed goal, helped by setting up production in a tent. “Intense in tents. Transporting entire […]

Business

Govia Thameslink 'could lose franchise' over rail chaos

Image copyright PA Rail operator Govia Thameslink faces being stripped of its franchises unless performance on its services in the South East of England rapidly improves, the BBC understands. A source said the government could begin the process within weeks. Passengers on its Thameslink and Great Northern trains have endured more than a month of […]

Business

Penny drops

Across the UK, discount retailer Poundworld is holding closing-down sales. For staff who worked for the chain and customers who relied on its low prices, it’s more than just a High Street brand that could be lost. Steven Mulgrove peers across the street into the window of Poundworld. “Store closing”, the posters read, “Save up […]

Business

Cash machines fee cut prompts fresh row

Image copyright Getty Images Debate over the future of ATMs in the UK has intensified ahead of a cut in the fee operators receive from banks. From Sunday, the fee paid each time a cash machine is used will be cut, with further reductions due each year until 2021. Link, which oversees cash machines, has […]

Business

Nuisance call bosses could be fined up to £500,000

Image copyright Getty Images Bosses of firms which bombard people with nuisance calls could be fined up to £500,000 under government proposals to make them personally liable. A consultation has been launched about the plan, although the idea of fining directors was first floated by government in 2016. Consumers received 3.9 billion nuisance phone calls […]

Business

Financial high

Image caption Legal cannabis farmer Lars Havens In the blistering heat of the Coachella desert, armed security guards ensure there are no unwanted visitors at a gated industrial complex. The smell is a giveaway before you step inside the nondescript buildings. With dozens of fans whirring, and under bright lights, Lars Havens shows us thousands […]

Business

Rural rides

Image caption The 840 Leeds-to-Whitby route has been vote the UK’s “most scenic” bus route A double-decker serving the North Yorkshire Moors has been crowned the “most scenic” bus route in Britain. The 840 Coastliner runs from all the way from Leeds to the coastal town of Whitby. But it’s the leg that crosses the […]

Business

RBS closures decision criticised by MPs

Image caption RBS is closing at least 52 of its branches in Scotland RBS has failed to appreciate the impact of its decision to close dozens of branches in Scotland, a report by MPs has found. The Scottish Affairs Committee described the move as a “devastating blow” for communities affected. It urged the bank, which […]

Business

TSB crisis: No end in sight for customers

Image copyright PA Online payment problems are continuing for frustrated TSB customers – five weeks on from the IT switchover that has caused a crisis at the bank. Some current account customers and some business clients still face problems making internet or app payments. The bank said experts from computing giant IBM, called in during […]