Business

Could X go bankrupt under Elon Musk?

Published1 day agoShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesBy James ClaytonNorth America technology reporterElon Musk's profane attack on advertisers boycotting X, formerly known as Twitter, has baffled experts. If advertisers keep leaving and don't come back, can X survive?In April, I sat down with Musk for the first of his many chaotic interviews about his acquisition of X. He ...
/ BBC Business

'Labour won't turn on spending taps' says Starmer

Published1 hour agoShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesBy Michael RaceBusiness reporter, BBC NewsSir Keir Starmer is to warn that the UK will face "huge constraints" on public spending if his party win the next General Election.On Monday, he will say anyone expecting an incoming Labour government "to quickly turn on the spending taps is going to be disappointed".Growing ...
/ BBC Business

Train strikes: When are the walkouts in December?

Published6 minutes agoShareclose panelShare pageCopy linkAbout sharingImage source, EPANo trains ran at four railway companies on Sunday, with drivers staging further strikes on Tuesday over pay and conditions.Members of the train drivers' union Aslef at Avanti West Coast, Chiltern, Great Northern Thameslink and West Midlands Railways walked out in the latest action in the long-running dispute.The disruption is part of ...
/ BBC Business

Baby formula soaring costs: 'I struggle, but I won’t buy a cheaper brand'

Published12 hours agoShareclose panelShare pageCopy linkAbout sharingImage source, Emma DaviesBy Sam Gruet and Ashleigh SwanBusiness reporters, BBC NewsSingle mum Emma Davies is struggling with the cost of baby formula for her 13-week-old daughter Nancy. But despite the expense, the 42-year-old says she won't buy cheaper alternatives. "You just want the best for your children, you don't want to give them ...
/ BBC Business

Bankruptcy 'opportunity' after student loan crisis

Published5 hours agoShareclose panelShare pageCopy linkAbout sharingImage source, Boy_AnupongBy Natalie ShermanBusiness reporter, New YorkDrowning in debt, more and more Americans are taking advantage of a Biden-era change that has made it easier to have student loans forgiven - if they're willing to apply for bankruptcy. Elizabeth Hadzic, a divorced mum-of-three, has ideas about what she would do if she weren't ...
/ BBC Business

Bank branch closures hits Prime Minister Rishi Sunak's constituency

Published1 day agocommentsCommentsShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesBy Kevin PeacheyCost of living correspondentThe latest in a string of branch closures will see the final bank close in Richmond, part of Prime Minister Rishi Sunak's constituency.A shared banking hub will replace the Barclays in the North Yorkshire town, the 100th location earmarked for a hub.A further 17 Barclays branches ...
/ BBC Business

Energy saving scheme: What is the Demand Flexibility Service?

Published23 hours agoShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesBy Lucy HookerBusiness reporter, BBC NewsSome people will be able to earn money for cutting back on their electricity usage as part of a scheme that is taking place again later on Friday.The so-called Demand Flexibility Service aims to reduce demand on the country's electricity network during peak times.National Grid ESO, ...
/ BBC Business

Associated Press News: Breaking News | Latest News Today

The Associated Press is an independent global news organization dedicated to factual reporting. Founded in 1846, AP today remains the most trusted source of fast, accurate, unbiased news in all formats and the essential provider of the technology and services vital to the news business. More than half the world’s population sees AP journalism every day ...
/ AP business

Government intervenes in Abu Dhabi's bid to buy Telegraph

Published13 hours agoShareclose panelShare pageCopy linkAbout sharingImage source, Getty ImagesBy Simon JackBusiness editorThe culture and media secretary has intervened to scrutinise the sale of the Daily Telegraph to a company backed by the Abu Dhabi ruling family over concerns around public interest.The title was taken over by Lloyds Bank as it sought to recover £1.1bn owed by the owners, the ...
/ BBC Business

Train strikes: Drivers vote to continue walkouts

Published10 hours agoShareclose panelShare pageCopy linkAbout sharingImage source, PA MediaTrain drivers have voted to continue taking strike action for the next six months as part of a long-running dispute over pay.The vote comes as train drivers begin nine days of industrial action between 1 and 9 December.Strikes will affect train companies on a rolling basis, and the Aslef union has ...
/ BBC Business
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