business

Ford boss warns on 'disastrous' no-deal Brexit

Ford boss warns on ‘disastrous’ no-deal Brexit 15 October 2018 comments Related Topics Brexit Media playback is unsupported on your device Media captionFord’s Steven Armstrong: No-deal Brexit would be costly Ford’s European boss has said a no-deal Brexit “would be pretty disastrous” for British industry and could affect the company’s future in the UK. Steven Armstrong said he was “still ...

Read More »

Claire's 'considers UK store closures'

15 October 2018 Image copyright Alamy Accessories chain Claire’s is reported to be considering closing some of its UK stores. The Press Association said the High Street chain was talking to restructuring firms about “a number of options”. The chain has more than 370 stores in the UK, according to its most recent accounts. A spokeswoman for Claire’s said closing ...

Read More »

US retail giant Sears files for bankruptcy

US retail giant Sears files for bankruptcy 15 October 2018 Image copyright Getty Images Sears, the US department store chain that once dominated America’s shopping malls, has filed for bankruptcy. Sears Holdings – which also owns Kmart – filed for Chapter 11 bankruptcy protection on Monday. The company has suffered, along with many other traditional retailers, from rising online competition ...

Read More »

Would you trust an auto-switching site for life?

Would you trust an auto-switching site for life? By Simon Read Personal finance reporter, BBC News 15 October 2018 Image copyright Getty Images Energy switching services help consumers find a gas and electricity supplier by automatically switching them to the best deal. They’ve been around for a couple of years, but now a giant comparison site – GoCompare – is ...

Read More »

Superdry in profit warning after heatwave hits sales

Superdry in profit warning after heatwave hits sales 15 October 2018 Image copyright Getty Images Superdry shares have fallen more than 20% after the retailer warned of a £10m hit to profits because the recent heatwave hurt sales of winter clothes. “Unseasonably hot weather conditions in the UK, Continental Europe and on the East Coast of the USA,” were to ...

Read More »

Bloodhound supersonic car hits financial roadblock

Bloodhound supersonic car hits financial roadblock By Jonathan Amos BBC Science Correspondent 15 October 2018 Image copyright Getty Images Image caption The car is essentially built; it just needs funding to go and set records The project to race a car at over 1,000mph has run into a financial roadblock with the company behind the venture going into administration. The ...

Read More »

Dragons' Den star says he owes his success to dyslexia

Dragons’ Den star says he owes his success to dyslexia By Mark Syred BBC Radio 5 live 15 October 2018 Media playback is unsupported on your device Media captionDragons’ Den star says he owes his success to dyslexia Businessman and former Dragons’ Den star Theo Paphitis has credited dyslexia for his success. Mr Paphitis told BBC 5 live’s Wake Up ...

Read More »

Royal Mail staff claim their shares were sabotaged

Royal Mail staff claim their shares were sabotaged 15 October 2018 Image copyright Getty Images Hundreds of Royal Mail staff have complained that they have been short-changed as a result of a dramatic fall in the company’s share price. They claim the privatised company deliberately issued a profit warning weeks before many were planning to sell their shares. Since the ...

Read More »

Topshop dismantles feminism pop-up

5 October 2018 Image copyright Penguin Random House Image caption The pop-up was up for 20 minutes before being dismantled, publisher Penguin tweeted Topshop removed an in-store pop-up in London used to promote feminism with publisher Penguin after 20 minutes. The fashion retailer had agreed to host the pop-up with Penguin, to help launch the book Feminists Don’t Wear Pink ...

Read More »

Walkers crisp packets recycling scheme announced

Walkers crisp packets recycling scheme announced 5 October 2018 Image caption Royal Mail intervened when people started posting empty crisp packets back to Walkers Snack firm Walkers has announced a recycling scheme – after Royal Mail begged campaigners not to post empty crisp packets without envelopes. From December, snack fans will be able to post used bags – in envelopes, ...

Read More »