Business news

• 'Bumpy' road to recovery as Treasury tips unemployment rate to top 13% by end of the year

  23-08-2020 19:30 via uk.finance.yahoo.com
  
  'Bumpy' road to recovery as Treasury tips unemployment rate to top 13% by end of the yearJosh Frydenberg has put a positive spin on latest analysis but admits Victoria Covid lockdown is a setback
  
  Read more

• Do you have a proper job? Here’s how to tell

  23-08-2020 19:08 via uk.finance.yahoo.com
  
  Do you have a proper job? Here’s how to tellProtecting rivers | Proper jobs | Zak Crawley | Second cities | Vasectomies | Passing showers
  
  Read more

• TikTok news app News Republic censored 'Tibet' and 'Dalai Lama'

  23-08-2020 18:28 via uk.finance.yahoo.com
  
  A popular English language news app now owned by Chinese social media company TikTok was censoring stories about Tibet and the Dalai Lama, both of which are not recognised by the ruling communist party. News Republic, which was abruptly shuttered in English speaking markets in May, had a blacklist of topics that its algorithmic news aggregator was prohibited from sharing, according to claims made by a source who asked to remain anonymous. The app, which was downloaded by five million people in t
  
  Read more

• John Lewis prepares to drop 'never knowingly undersold' pledge

  23-08-2020 18:24 via uk.finance.yahoo.com
  
  John Lewis prepares to drop 'never knowingly undersold' pledge95-year-old price match vow makes way as new chief plots path out of coronavirus crisis* Coronavirus – latest updates* See all our coronavirus coverage
  
  Read more

• Advertisement

• John Lewis to drop 'never knowingly undersold' slogan after 95 years

  23-08-2020 18:06 via uk.finance.yahoo.com
  
  Chief executive Sharon White, said that she would replace the slogan with "fair value for all."
  
  Read more

• Treasury denies reports it will drop digital tax

  23-08-2020 18:05 via uk.finance.yahoo.com
  
  The Mail on Sunday reported that Rishi Sunak believed the tax, worth £500m a year, was “more trouble than it is worth.”
  
  Read more

• Dismal wheat harvest could push up the price of bread

  23-08-2020 17:49 via uk.finance.yahoo.com
  
  The worst wheat harvest in four decades could cause the price of flour and bread to rise, farmers have warned. Heavy rain and flooding meant only 40pc of wheat was planted last year compared to normal, while this year droughts followed by rain in the summer have meant the crop has been of a poor quality. The harvest crisis, along with the risk that the UK’s farming sector could be hit with tariffs if Brexit talks fail, could push up the price of flour and bread. Farmers told Sky News they
  
  Read more

• John Lewis to pull 'Never knowingly undersold' pledge

  23-08-2020 16:45 via bbc.co.uk
  
  The new boss says the slogan is likely to be replaced as the chain modernises.
  
  Read more

• Advertisement

• Treasury denies digital services tax could be scrapped in US trade talks

  23-08-2020 16:27 via uk.finance.yahoo.com
  
  A debate is raging within Whitehall over the future of the Government’s tax on tech giants amid claims the levy could be scrapped. The Treasury rushed to pour cold water on claims that it could be about to scrap the Digital Services Tax after reports over the weekend. The tax would result in tech giants Facebook and Amazon being charged 2pc on revenues derived from the UK from search engines, social media websites and online sales. Announced by former Chancellor Philip Hammond and in force
  
  Read more

• How Britain could lead in carbon-free transport and create a booming green aviation hub

  23-08-2020 16:24 via uk.finance.yahoo.com
  
  Zeppelins and dirigible airships are with us again after eighty years out of favour – faster and hopefully much safer than in the inter-War era – promising ultra-low carbon air transport for the net-zero age. It may not be long before we can start eating air-flown vegetables from Peru or blueberries from Kenya without feeling pangs of guilt. Fresh food may reach us in cargo Hindenburgs without the unconscionable CO2 footprint of jet freight. If all goes well, we will be able to hop v
  
  Read more

• Coronavirus: Business groups urge for an extension to grant schemes

  23-08-2020 16:21 via uk.finance.yahoo.com
  
  The Local Government Association (LGA), the Institute of Directors (IOD), the Federation of Small Businesses (FSB) and the British Independent Retailers Association have called for extensions to the schemes.
  
  Read more

• Treasury denies it plans to drop 'Facebook tax' in favour of trade deal

  23-08-2020 15:33 via uk.finance.yahoo.com
  
  Treasury denies it plans to drop 'Facebook tax' in favour of trade dealRecently introduced tax expected to raise £500m, helping to reduce Britain’s huge Covid bill* Coronavirus – latest updates* See all our coronavirus coverage
  
  Read more

• BT Group board on alert for potential £15bn takeover

  23-08-2020 15:12 via uk.finance.yahoo.com
  
  Recent share price weakness is partly due to the fact that it suspended its dividend in the face of the coronavirus crisis, with the group’s market valuation falling by 37.1% over the past year.
  
  Read more

• Courtney: Plan B needed for schools in case of local spikes

  23-08-2020 14:58 via uk.finance.yahoo.com
  
  Kevin Courtney, joint general secretary, of the National Education Union, said schools and colleges needed to know what should happen if an outbreak of the virus occurs in individual schools or through local spikes. He said the Government needed to issue guidance on moving to teaching rotas or limited openings and to hire more teachers to allow education to continue if infection rates rise.
  
  Read more

• Stock market crash: I’d buy these 5%+ high-dividend-yield UK shares for my ISA

  23-08-2020 13:47 via uk.finance.yahoo.com
  
  Looking to get rich with cheap, dividend-paying UK shares? Royston Wild talks up three top stocks he thinks could help you get seriously rich.The post Stock market crash: I'd buy these 5%+ high-dividend-yield UK shares for my ISA appeared first on The Motley Fool UK.
  
  Read more

• EU's Hogan sorry for possible COVID-19 breach, stops short of resigning

  23-08-2020 13:47 via uk.finance.yahoo.com
  
  European Trade Commissioner Phil Hogan apologised again on Sunday for attending an event in his native Ireland that may have breached COVID-19 regulations, but stopped short of bowing to calls from Irish leaders to resign.The Irish representative on the EU executive commission was asked on Saturday by Ireland's prime minister and deputy prime minister to consider his position after his attendance at a golf dinner caused public outrage and led to other political resignations.Hogan, who offer
  
  Read more

• EU's Hogan rides out calls to quit over Ireland golf dinner furore

  23-08-2020 13:47 via uk.finance.yahoo.com
  
  European Trade Commissioner Phil Hogan apologised again on Sunday for attending an event in his native Ireland that may have breached COVID-19 regulations, but an EU official said he would not heed calls from Irish leaders to resign."The commissioner is not resigning," said the official, who is close to the European Union executive's trade policy chief.The Irish representative on the European Commission was asked on Saturday by Ireland's prime minister and deputy prime minister to consider
  
  Read more

• EU's Hogan apologises but rides out calls to quit over Irish golf dinner furore

  23-08-2020 13:47 via uk.finance.yahoo.com
  
  European Trade Commissioner Phil Hogan apologised again on Sunday for attending a golf dinner in his native Ireland that may have breached COVID-19 regulations, but an EU official said he would not heed calls from Irish leaders to resign."The commissioner is not resigning," said the official, who is close to the European Union executive's trade policy chief.Hogan, who is the Irish representative on the European Commission, was asked on Saturday by Ireland's prime minister and deputy prime m
  
  Read more

• How the best UK dividend stocks can help you get rich and retire early

  23-08-2020 13:42 via uk.finance.yahoo.com
  
  G A Chester discusses how to identify the best UK dividend stocks, and exactly why they can help you get rich and retire early.The post How the best UK dividend stocks can help you get rich and retire early appeared first on The Motley Fool UK.
  
  Read more

• 'We're asking for help': rent row grows at New Covent Garden flower market

  23-08-2020 13:34 via uk.finance.yahoo.com
  
  'We're asking for help': rent row grows at New Covent Garden flower marketVendors at UK’s largest wholesale horticultural market compain their landlord isn’t offering support in Covid pandemic* Coronavirus – latest updates* See all our coronavirus coverage
  
  Read more

• UK to drop 'Facebook tax' in favour of post-Brexit trade deal

  23-08-2020 13:29 via uk.finance.yahoo.com
  
  UK to drop 'Facebook tax' in favour of post-Brexit trade dealRecently introduced tax would have raised £500m, helping to reduce Britain’s huge Covid bill* Coronavirus – latest updates* See all our coronavirus coverage
  
  Read more

• German labour minister to extend short-time work allowance - BamS

  23-08-2020 13:29 via uk.finance.yahoo.com
  
  German Labour Minister Hubertus Heil is seeking to extend by one year the period during which the state will pay short-time work allowances - a supplement for people put on reduced work hours -weekly newspaper Bild am Sonntag (BamS) reported on Sunday.The newspaper cited a Labour Ministry paper as saying the allowance, which covers some of the salary shortfall, will be extended to March 22, 2022.Members of the ruling coalition will meet on Tuesday to hammer out the details and find a solution, a
  
  Read more

• Coronavirus: UK SMEs have cautious optimism for third-quarter rebound

  23-08-2020 13:21 via uk.finance.yahoo.com
  
  Businesses reported, on average, a 14% decline in revenue for their second quarter, compared with the first quarter. The drop was half as severe as the predicted 28% decline.
  
  Read more

• Forget the State Pension! I’m buying cheap UK shares in an ISA so I can retire comfortably

  23-08-2020 13:13 via uk.finance.yahoo.com
  
  Are you stressing out about the paltry State Pension? Well don’t! Here, I explain how investing in UK shares could help you enjoy a comfortable retirement.The post Forget the State Pension! I’m buying cheap UK shares in an ISA so I can retire comfortably appeared first on The Motley Fool UK.
  
  Read more

• The gold price plunges! I’d buy these Warren Buffett-type stocks instead

  23-08-2020 13:10 via uk.finance.yahoo.com
  
  Rupert Hargreaves explains why 'Warren Buffett stocks' are likely to be a better investment than the gold price in the long run. The post The gold price plunges! I'd buy these Warren Buffett-type stocks instead appeared first on The Motley Fool UK.
  
  Read more

• Has the Lloyds share price fallen too far? Here’s what I’d do now

  23-08-2020 13:01 via uk.finance.yahoo.com
  
  Lloyds' share price has fallen by 55% this year. Roland Head explains why he thinks the stock may now be too cheap for bargain hunters to ignore.The post Has the Lloyds share price fallen too far? Here's what I'd do now appeared first on The Motley Fool UK.
  
  Read more

• Pool sales heat up as people seek a backyard escape amid pandemic

  23-08-2020 13:00 via uk.finance.yahoo.com
  
  Pool sales heat up as people seek a backyard escape amid pandemicWith Covid-19 limiting our recreational options, US businesses are reporting a boom in sales and rentals
  
  Read more

• Remote working becomes the norm across the City of London

  23-08-2020 12:51
  Banks, asset managers, insurers and accountants set out plans for staff to work from home more regularly
  
  Read more

• City employers plan for lasting switch to remote working

  23-08-2020 12:51
  Banks, asset managers, insurers and accountants expect staff to spend less time in the office in future
  
  Read more

• Whitty: Missing school worse than coronavirus for children

  23-08-2020 12:48 via uk.finance.yahoo.com
  
  Chief Medical Officer for England Professor Chris Whitty says missing school is worse than catching coronavirus for children.
  
  Read more

• Forget Bitcoin! I’d rather buy these FTSE 100 dividend stocks to retire early

  23-08-2020 12:45 via uk.finance.yahoo.com
  
  Bitcoin might look attractive after its recent performance, but if you want to retire early, nothing beats FTSE 100 dividend stocks. The post Forget Bitcoin! I'd rather buy these FTSE 100 dividend stocks to retire early appeared first on The Motley Fool UK.
  
  Read more

• Looking for the best UK shares to buy? I’d pick these FTSE 250 stocks

  23-08-2020 12:41 via uk.finance.yahoo.com
  
  Rupert Hargreaves highlights his favourite FTSE 250 growth and income stocks to buy right now to benefit from the UK economic recovery. The post Looking for the best UK shares to buy? I'd pick these FTSE 250 stocks appeared first on The Motley Fool UK.
  
  Read more

• This Warren Buffett advice could help you build a £1m ISA

  23-08-2020 12:24 via uk.finance.yahoo.com
  
  Rupert Hargreaves explains the one principle that's contributed more to Warren Buffett's success than anything else over the years. The post This Warren Buffett advice could help you build a £1m ISA appeared first on The Motley Fool UK.
  
  Read more

• TikTok to challenge Trump administration over ban

  23-08-2020 12:12 via uk.finance.yahoo.com
  
  The Chinese-owned app says it will challenge Trump's executive order that requires it to find an American buyer or be banned in the country.
  
  Read more

• UK's worst wheat harvest in decades prompts flour price hike fears

  23-08-2020 12:11 via uk.finance.yahoo.com
  
  Heavy rain last October meant that only 60% of what would normally be planted went into the ground.
  
  Read more

• The risk of a no-deal Brexit is rising, and that’s no bad thing

  23-08-2020 12:00
  The EU cannot deny the UK the same discretionary approach of its own competition policy
  
  Read more

• It would be a mistake for Rishi Sunak to shy away from further stimulus

  23-08-2020 11:58 via uk.finance.yahoo.com
  
  It would be a mistake for Rishi Sunak to shy away from further stimulus. The economy is pretty good shape but the chancellor’s budget will need to sustain that recovery
  
  Read more

• How I’m making a passive income with just £50 a week

  23-08-2020 11:55 via uk.finance.yahoo.com
  
  Rupert Hargreaves explains the investment strategy he's using to build a passive income stream with just £50 per week and blue-chip stocks. The post How I'm making a passive income with just £50 a week appeared first on The Motley Fool UK.
  
  Read more

• John Lewis seeks to 'improve' its 'Never Knowingly Undersold' promise

  23-08-2020 11:07 via uk.finance.yahoo.com
  
  John Lewis will trade in its “Never Knowingly Undersold” slogan after 95 years as steep discounts at online stores made it impossible to uphold. The price promise, where the retailer offered to refund the difference in price if a customer could find a product for less at a rival, is under review and could be scrapped. Dame Sharon White, chairman of John Lewis & Partners, told The Sunday Times the slogan was due to be “improved” with an emphasis on the “fairness&
  
  Read more

• UK plans to drop 'Facebook tax', Mail on Sunday says

  23-08-2020 11:02 via uk.finance.yahoo.com
  
  British finance minister Rishi Sunak plans to drop a tax on technology companies such as Facebookand Googlebecause it does not raise much money and could hurt a push for a U.S. trade deal, the Mail on Sunday newspaper said.Britain introduced the digital services tax in April after slow progress in global negotiations over how to tax tech giants, many of which are U.S. companies.The tax is expected to raise about 500 million pounds a year for Britain's public finances.
  
  Read more

• Why a bank account can be key to beginning a new life after prison

  23-08-2020 11:00 via uk.finance.yahoo.com
  
  Why a bank account can be key to beginning a new life after prison. Initiatives to help the most vulnerable in society to get access to banking services are being expanded
  
  Read more

• £3k to invest? 3 UK tech stocks with dividends I’d buy today

  23-08-2020 10:51 via uk.finance.yahoo.com
  
  You don't have to buy US stocks to find long-term winners, says Roland Head. He reckons these UK tech stocks could deliver big gains over time. The post £3k to invest? 3 UK tech stocks with dividends I'd buy today appeared first on The Motley Fool UK.
  
  Read more

• Messi left furious after details of Koeman meeting gets leaked

  23-08-2020 10:28 via ibtimes.co.uk
  
  The Barcelona captain is reportedly livid after media received details from his conversation with the new manager.
  
  Read more

• Markets brace for BOE governor speech, US economic policy event and Germany data

  23-08-2020 10:08 via uk.finance.yahoo.com
  
  Investors will also watch how nations are tackling the spread of COVID-19 cases as second virus spikes continue to hammer the aviation, restaurants and hospitality sectors.
  
  Read more

• Fancy working in paradise? Here's how you can live the dream

  23-08-2020 10:00 via uk.finance.yahoo.com
  
  Fancy working in paradise? Here's how you can live the dream. Workers who have proved they can work from home are heading for the sun to become ‘digital nomads’. But do your homework
  
  Read more

• As commuters take to their cars, Crossrail can ill afford this new delay

  23-08-2020 10:00 via uk.finance.yahoo.com
  
  As commuters take to their cars, Crossrail can ill afford this new delay. For the climate’s sake, we must go back to using public transport again. But no one can travel on a line that isn’t open
  
  Read more

• Sofia Vergara defends Ellen DeGeneres as old interview resurfaces

  23-08-2020 09:40 via ibtimes.co.uk
  
  Several social media users called out the talk show host for mocking her guest Sofia Vergara's accent.
  
  Read more

• Manchester United captain Harry Maguire released from police custody following arrest in Greece

  23-08-2020 09:40 via ibtimes.co.uk
  
  The English footballer was arrested on Thursday following an altercation in the island of Mykonos.
  
  Read more

• How I’d invest £5,000 in cheap UK dividend shares after the stock market crash

  23-08-2020 09:17 via uk.finance.yahoo.com
  
  Buying high-quality UK dividend shares at cheap prices could produce high returns after the stock market crash, in my opinion.The post How I’d invest £5,000 in cheap UK dividend shares after the stock market crash appeared first on The Motley Fool UK.
  
  Read more

• £3k to invest in an ISA? I’d buy these crashing UK shares to retire early

  23-08-2020 09:16 via uk.finance.yahoo.com
  
  Buying these crashing UK shares could produce large capital gains for investors based on their depressed valuations, says this Fool. The post £3k to invest in an ISA? I'd buy these crashing UK shares to retire early appeared first on The Motley Fool UK.
  
  Read more

Follow @Business_UKnews on Twitter!