UK economy shrank by 0.1% in January
A slowdown in manufacturing was one of the main reasons for the dip, the Office for National Statistics says. Source link
Car sharing switches to electric to boost appeal
MaryLou Costa Technology Reporter Donatas Ališauskas Ieva Mackeviciute uses car sharing to get around Vilnius Ieva Mackeviciute lives in Kaunas, Lithuania’s second-largest city, but works in the capital, Vilnius. She…
Warning Thames Water collapse would hit taxpayers and pensions
Taxpayers and the pension schemes of Thames Water workers would both suffer if the UK’s largest water company was temporarily nationalised, the water regulator and Thames’ pensions trustees have warned.…
Judge orders rehiring of workers fired by Trump administration
A judge has ordered several federal government agencies to reinstate the jobs of probationary employees fired en masse by the Trump administration last month. Judge William Alsup called the sacking…
Tesco to trial giving expiring food away to shoppers
Tesco is to begin a trial giving expiring food to customers for free at the end of the day as it tries to cut food waste. The supermarket will give…
Trump threatens 200% tariff on alcohol from EU
US President Donald Trump has threatened a 200% tariff on any wine or alcoholic drinks coming in to the US from the EU, if the bloc does not remove its…
John Lewis keeps bonus freeze despite profit jump
Retailer John Lewis has continued its freeze on bonuses despite profits jumping 73% to £97m. It said it wanted to invest in its business and employee base pay instead. This…
Man Utd co-owner’s firm recalls SUVs over risk of doors flying open
Ineos Automotive, the vehicle maker owned by multi-billionaire businessman and Manchester United co-owner, Sir Jim Ratcliffe, has recalled more than 7,000 of its sport utility vehicles (SUVs) in the US.…
US tech firms feel pinch from China tariffs
Daniel Thomas Business reporter, BBC News Getty Images Almost 80% of smartphones sold in the US are made in China Deena Ghazarian had only been in business for a year…
US tariffs could deepen Germany’s recession, says bank
Faarea Masud Business reporter, BBC News Getty Images Tariffs on goods being imported into the US could tip Europe’s largest economy into another recession, according to the president of Germany’s…