Business news

• No, Australia is not the US. Our shocking racial injustice is all our own

  06-06-2020 22:00 via uk.finance.yahoo.com
  
  No, Australia is not the US. Our shocking racial injustice is all our own. The latest data on Indigenous incarceration in Australia took my breath away
  
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• 'We will lose a generation': why Australia must fix apprentice and job training post-Covid

  06-06-2020 22:00 via uk.finance.yahoo.com
  
  'We will lose a generation': why Australia must fix apprentice and job training post-Covid. As the Coalition vows to reform vocational training, Labor warns that keeping trainees with their employers during the coronavirus crisis is vital
  
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• German lawmakers see way out of ECB court ruling conundrum - paper

  06-06-2020 21:17 via uk.finance.yahoo.com
  
  A cross-party group of German lawmakers want to work with the European Parliament to resolve a challenge from Germany's top court to the European Central Bank's flagship policy programme, the Frankfurter Allgemeine Sonntagszeitung reported.The German Constitutional Court last month gave the ECB three months to explain the proportionality of its bond purchases or risk losing Germany's Bundesbank -- one of 19 national central banks that are members of the ECB -- as a participant.It also called on
  
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• Opec and allied nations extend cut in oil production by a month

  06-06-2020 19:16 via uk.finance.yahoo.com
  
  Crude oil prices have been gaining in recent days, in part on hopes Opec would continue the cut.
  
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• British jobs depend on reopening the economy

  06-06-2020 19:00
  If the UK does not get back to work, Covid-19 could be more devastating than Thatcherism
  
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• Coronavirus: UK hospitality sector wants two-metre distancing rule to be revised

  06-06-2020 18:32 via uk.finance.yahoo.com
  
  The UK government should halve the two-metre social distancing rule for restaurants and pubs, the hospitality industry said.
  
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• Start-up raises £5m for COVID-19 health monitors

  06-06-2020 18:27 via uk.finance.yahoo.com
  
  Oxehealth hopes to start selling its video camera software to health providers in Sweden and America.
  
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• Third of businesses receiving special coronavirus loans linked to tax havens, study claims

  06-06-2020 18:00 via uk.finance.yahoo.com
  
  Nearly a third of companies in receipt of coronavirus loans from the Bank of England have links to tax havens, new research suggests.Some 14 of the 53 businesses which have benefited from help are either based in or substantially owned by a tax haven resident, analysis by TaxWatch, an investigative think tank, claimed.
  
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• Jobs in cafes and shops may never bounce back – and ministers must address this

  06-06-2020 18:00 via uk.finance.yahoo.com
  
  Jobs in cafes and shops may never bounce back – and ministers must address this. It will take a concerted effort to avoid huge job losses in the leisure sector – but the government isn’t very good at them
  
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• Coronavirus: Savings gap leaves UK consumers more vulnerable

  06-06-2020 17:47 via uk.finance.yahoo.com
  
  Consumers in Britain save far less than their counterparts in France and Italy, according to a survey.
  
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• Coronavirus: Many firms getting UK emergency loans have links to tax havens, study shows

  06-06-2020 17:28 via uk.finance.yahoo.com
  
  Of the 52 companies the Bank of England has said are receiving emergency loans from the UK’s covid financing facility, nearly one third have links to tax havens.
  
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• Coronavirus: Many firms getting UK emergency loans have links to tax havens

  06-06-2020 17:28 via uk.finance.yahoo.com
  
  Of the 52 companies the Bank of England has said are receiving emergency loans from the UK’s covid financing facility, nearly one third have links to tax havens.
  
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• NBA: Kevin Durant will not play for the rest of the season in support of Black Lives Matter

  06-06-2020 17:23 via ibtimes.co.uk
  
  Durant will not play for the remainder of the season as a form of silent protest.
  
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• NBA season resumes: LeBron James-Zion Williamson match-up highly-anticipated

  06-06-2020 17:09 via ibtimes.co.uk
  
  NBA fans have a massive clash to look forward to once the competition gets underway.
  
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• It's official! NBA 2019-2020 resumes on July 31

  06-06-2020 16:51 via ibtimes.co.uk
  
  22 teams are expected to play out the rest of the season.
  
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• Coronavirus: UK stimulus plan delayed until autumn

  06-06-2020 16:51 via uk.finance.yahoo.com
  
  Limited economic measures will be announced by the Chancellor next month followed by a budget in the autumn.
  
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• Intu puts KPMG on stand-by for administration if bank talks fail

  06-06-2020 16:23 via uk.finance.yahoo.com
  
  Crisis-hit shopping centre owner Intu Properties has lined up KPMG to handle a potential administration if efforts to gain breathing space from its lenders fail. The contingency plans from the owner of Essex’s Lakeside and Manchester’s Trafford Centre, first reported by Sky News, come ahead of critical talks over its £4.5bn debt pile. Intu’s bank lenders have already agreed a waiver of covenant tests on its debts, which expires on June 26. Chief executive Matthew Roberts
  
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• OPEC+ to extend production cuts

  06-06-2020 15:50 via uk.finance.yahoo.com
  
  OPEC and its allies agreed on a one-month extension of record oil production cuts as they look to stabilise the oil market.
  
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• Volkswagen considering more cost cuts to cope with downturn

  06-06-2020 15:29 via uk.finance.yahoo.com
  
  Volkswagenis considering more cost cuts to help cope with the economic impact of the coronavirus pandemic, a spokesman for the German automaker said on Saturday."There were general deliberations about what further cost measures could be taken to respond to the pandemic," the spokesman told Reuters.Automobilwoche quoted Volkswagen CEO Herbert Diess as telling top managers at a meeting on Thursday: "We must significantly cut R&D expenditure, investments and fixed costs compared with the previo
  
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• Coronavirus: Family pest control firm was handed £108m PPE contract

  06-06-2020 14:59 via uk.finance.yahoo.com
  
  A pest control supplier with net assets of £18,000 was awarded a £108m contract to procure protective equipment for UK health workers.
  
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• Third of firms getting emergency coronavirus loans have tax haven links – study

  06-06-2020 14:02 via uk.finance.yahoo.com
  
  The analysis comes after calls for the Government to deny coronavirus loans to companies deemed risky by HMRC.
  
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• Channel 4 boss overhauls social media rules after 'dreadful' Boris Johnson error

  06-06-2020 13:51 via uk.finance.yahoo.com
  
  The head of Channel 4 has admitted a “dreadful” and “inexcusable” error by the broadcaster’s news division during the election campaign made relations with the Government “very heated”. Alex Mahon, chief executive, said in a Sunday Telegraph interview that she has overhauled guidelines for use of social media after Channel 4 News posted a viral video that wrongly subtitled Boris Johnson as saying “people of colour” and sparked false allegatio
  
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• Exclusive: Malaysia - Even $3 billion not enough to settle 1MDB case with Goldman

  06-06-2020 13:38 via uk.finance.yahoo.com
  
  Malaysia's new government would not be willing to accept even compensation of $3 billion (2.4 billion pounds) from Goldman Sachs in a settlement over the 1MDB scandal, the finance minister told Reuters, ruling out a figure that is far higher than the bank offered last year.The Southeast Asian nation has charged Goldman Sachs and 17 current and former directors of its units for allegedly misleading investors over bond sales totaling $6.5 billion that the U.S. bank helped raise for sovereign wealt
  
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• Should you buy FTSE 100 shares in the stock market rally, or wait for the next crash?

  06-06-2020 13:32 via uk.finance.yahoo.com
  
  Roland Head explains how he's investing in the stock market rally and what he's watching for over the coming months.The post Should you buy FTSE 100 shares in the stock market rally, or wait for the next crash? appeared first on The Motley Fool UK.
  
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• Coronavirus: Key workers targeted by tax dodging firms

  06-06-2020 13:18 via uk.finance.yahoo.com
  
  NHS workers risk being landed with hefty tax bills if they sign up to rogue payment umbrella companies.
  
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• Coach industry pleads for £370m bailout

  06-06-2020 13:10 via uk.finance.yahoo.com
  
  Coach operators are pleading for a £370m taxpayer bailout amid fears for the future of more than 40,000 jobs across the industry. A letter from the Confederation of Passenger Transport to Rishi Sunak, seen by The Sunday Telegraph, warns school bus services could grind to a halt if ministers fail to act quickly. Industry chiefs want a cash injection of £65m a month until the end of the year, a bespoke job retention scheme and coach tour operators to be reclassified as leisure business
  
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• Victoria's Secret UK arm enters administration

  06-06-2020 12:44 via uk.finance.yahoo.com
  
  Administrators are hoping to salvage Victoria's Secret by selling the business or re-negotiating rents for its 25 High Street stores.
  
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• Hospitality sector calls for two-metre social distancing rule to be halved

  06-06-2020 12:20 via uk.finance.yahoo.com
  
  Trade groups fear venues will have to stay shut if smaller gaps are not allowed between customers.
  
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• Have £5,000 to invest today? I’d buy these FTSE 100 growth stocks

  06-06-2020 12:14 via uk.finance.yahoo.com
  
  These FTSE 100 growth stocks have a track record of creating value for investors, and it doesn't look as if they're going to stop any time soon. The post Have £5,000 to invest today? I’d buy these FTSE 100 growth stocks appeared first on The Motley Fool UK.
  
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• Coronavirus: Surge in Britons’ search for properties abroad amid lockdown

  06-06-2020 12:10 via uk.finance.yahoo.com
  
  The volume of searches by Britons for homes located overseas has surged amid the coronavirus lockdown, according to property website Rightmove.
  
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• Monzo customers shut out of accounts in lockdown

  06-06-2020 12:00 via uk.finance.yahoo.com
  
  Monzo customers shut out of accounts in lockdownSome of the bank’s customers have been unable to get to their money when they need it most
  
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• FTSE 100 rally: Here’s why I think easyJet and IAG are still bargain buys

  06-06-2020 11:59 via uk.finance.yahoo.com
  
  The FTSE 100 rally is lifting share prices. But I want to know if EZJ and IAG hold long-term investor value.The post FTSE 100 rally: Here's why I think easyJet and IAG are still bargain buys appeared first on The Motley Fool UK.
  
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• Why I think the Unilever share price has the best dividend in the FTSE 100

  06-06-2020 11:54 via uk.finance.yahoo.com
  
  Top dividend stocks need a decent yield, strong cash flow, and a long track record. The Unilever share price ticks all the boxes, says Roland Head.The post Why I think the Unilever share price has the best dividend in the FTSE 100 appeared first on The Motley Fool UK.
  
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• Stock market crash: a FTSE 250 dividend-paying bargain I’d buy to get rich and retire early

  06-06-2020 11:51 via uk.finance.yahoo.com
  
  Looking to go bargain shopping? Royston Wild picks out a FTSE 250 company he thinks is worthy of serious attention following recent price falls.The post Stock market crash: a FTSE 250 dividend-paying bargain I’d buy to get rich and retire early appeared first on The Motley Fool UK.
  
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• Queen Elizabeth II's official birthday Trooping the Colour to be televised

  06-06-2020 11:44 via ibtimes.co.uk
  
  The mini version of Trooping the Colour will be telecast on BBC One, on June 13.
  
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• Facebook chief vows review of controversial content policies

  06-06-2020 11:38 via uk.finance.yahoo.com
  
  Facebook's chief said the company would review the process of handling controversial content after recent posts by President Trump were met with backlash.
  
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• Could the IAG and easyJet share price double your money?

  06-06-2020 11:28 via uk.finance.yahoo.com
  
  The IAG and easyJet share price may have the potential to double your money over the next 24 months as the airline industry takes off. The post Could the IAG and easyJet share price double your money? appeared first on The Motley Fool UK.
  
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• Coronavirus: Renter eviction ban extended

  06-06-2020 11:24 via uk.finance.yahoo.com
  
  The suspension of new evictions will now be in place until 23 August
  
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• I think this cheap safe-haven share may protect you from another stock market crash!

  06-06-2020 11:06 via uk.finance.yahoo.com
  
  Seeking safe havens to protect you from a crashing stock market? Royston Wild talks a top AIM stock that could help soothe your fears.The post I think this cheap safe-haven share may protect you from another stock market crash! appeared first on The Motley Fool UK.
  
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• YouTube 'Dear Class of 2020': Commencement ceremony with celebs; how to watch on Sunday

  06-06-2020 10:58 via ibtimes.co.uk
  
  The virtual graduation ceremony will be held on Sunday, June 7 at 3:00 p.m. ET.
  
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• These FTSE 100 stocks are on sale! I’d buy them in an ISA today

  06-06-2020 10:58 via uk.finance.yahoo.com
  
  On the hunt for outstanding value on the FTSE 100? Royston Wild talks up a couple of blue chips that trade far too cheaply today.The post These FTSE 100 stocks are on sale! I’d buy them in an ISA today appeared first on The Motley Fool UK.
  
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• Want to make a million from your ISA? I’d avoid this soaring FTSE 100 stock if I were you!

  06-06-2020 10:53 via uk.finance.yahoo.com
  
  This FTSE 100 share is rocketing in value! Is it a share that could help you to make a million, though? Royston Wild takes a look.The post Want to make a million from your ISA? I’d avoid this soaring FTSE 100 stock if I were you! appeared first on The Motley Fool UK.
  
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• ISA vs SIPP: which could make you a millionaire first?

  06-06-2020 10:45 via uk.finance.yahoo.com
  
  ISAs and SIPPs can both help you build your financial nest egg, but which one is better if you want to make a million in the shortest time?The post ISA vs SIPP: which could make you a millionaire first? appeared first on The Motley Fool UK.
  
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• Another stock market crash may be ahead. I’d take these 3 steps when buying FTSE 100 shares

  06-06-2020 10:40 via uk.finance.yahoo.com
  
  The FTSE 100 (INDEXFTSE:UKX) could experience a further crash in my opinion, which could make these three steps increasingly important for investors.The post Another stock market crash may be ahead. I’d take these 3 steps when buying FTSE 100 shares appeared first on The Motley Fool UK.
  
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• £5k to invest today? I’d buy cheap FTSE 100 dividend stocks in an ISA for a passive income

  06-06-2020 10:38 via uk.finance.yahoo.com
  
  I think that FTSE 100 (INDXFTSE:UKX) dividend shares offer relatively attractive income investing prospects despite their short-term risks.The post £5k to invest today? I’d buy cheap FTSE 100 dividend stocks in an ISA for a passive income appeared first on The Motley Fool UK.
  
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• £500 a month in a Stocks and Shares ISA? Here’s how I’d start

  06-06-2020 10:36 via uk.finance.yahoo.com
  
  I think the long-term trend of investing in a Stocks and Shares ISA looks set to continue and could keep your returns rising over time.The post £500 a month in a Stocks and Shares ISA? Here’s how I’d start appeared first on The Motley Fool UK.
  
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• Stock market crash 2 ahead! Here’s what I’d do now

  06-06-2020 10:28 via uk.finance.yahoo.com
  
  Stock market crash 2 is around the corner! In this article Anna Sokolidou will explain why and what she would do now.The post Stock market crash 2 ahead! Here's what I'd do now appeared first on The Motley Fool UK.
  
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• Retirement savings: I’d buy cheap FTSE 100 shares today to become an ISA millionaire

  06-06-2020 10:02 via uk.finance.yahoo.com
  
  The FTSE 100 (INDEXFTSE:UKX) offers a long-term investment opportunity that could boost your retirement prospects, in my opinion.The post Retirement savings: I'd buy cheap FTSE 100 shares today to become an ISA millionaire appeared first on The Motley Fool UK.
  
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• Meghan Markle's sweet tribute to her son Archie revealed

  06-06-2020 09:51 via ibtimes.co.uk
  
  The Duchess of Sussex has sponsored a dog kennel in Archie's name during the coronavirus pandemic.
  
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• Top money managers think we could see ANOTHER stock market crash in 2020. Here’s what I’m doing now

  06-06-2020 09:49 via uk.finance.yahoo.com
  
  The FTSE 100 has rebounded 30% since its March lows. Don't relax just yet though. Money managers believe another stock market crash could be on the way. The post Top money managers think we could see ANOTHER stock market crash in 2020. Here’s what I’m doing now appeared first on The Motley Fool UK.
  
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