Business news

• Job Support Scheme: Concern mounts at Covid shutdown 'ripple effect'

  10-10-2020 23:30 via bbc.co.uk
  
  The Labour Party and business groups fear workers will fall through gaps in the expanded support scheme.
  
  Read more

• Nitric Oxide - A Promising Antiviral Treatment, Study Shows

  10-10-2020 21:20 via ibtimes.co.uk
  
  The entire world is waiting for a clinically proven effective treatment for severe COVID-19 infections. Could nitric oxide be the answer? Researchers at Uppsala University think that it is at least a promising solution to consider.
  
  Read more

• The federal budget reveals an ideology that is set to kill any recovery just as it is getting started

  10-10-2020 21:00 via uk.finance.yahoo.com
  
  The federal budget reveals an ideology that is set to kill any recovery just as it is getting started. The ideology was present by absence – no extension of jobseeker payments, nor any mention of climate change other than in a footnote
  
  Read more

• Marvel's Avengers review: Is there hope for ailing superhero game?

  10-10-2020 19:13 via uk.finance.yahoo.com
  
  Far from being the slamdunk it should have been, Crystal Dynamics punchy take on Marvel's Avengers -that ubiquitous band of superheroes- has travelled a more troubled path. Much of its apparently grind-tastic approach to video games --basing its loot-based multiplayer on the likes of Destiny-- left the watching world cold in the run-up to release. A curiously soulless and overwhelmingly corporate cash-grab was the impression. Something not assuaged by a fairly clumsy beta. And now, just a month
  
  Read more

• Advertisement

• Kim Jong-Un Unveils New Nuclear Missile During Huge Parade

  10-10-2020 19:13 via uk.finance.yahoo.com
  
  Kim Jong-un has revealed a new intercontinental ballistic missile during a massive military parade marking the 75th anniversary of North Korea’s ruling party.The Supreme Leader warned that his country would “fully mobilise” its nuclear force if threatened.Addressing the crowds at the parade, Kim also praised North Korean citizens for their efforts against the spread of Covid-19, claiming the country recorded zero cases.This comes as the secretive communist nation is facing its
  
  Read more

• Coronavirus: Car insurance premiums fall but rate of decline slows

  10-10-2020 19:05 via uk.finance.yahoo.com
  
  A modest price drop of 0.3% in Q3 shows the decline of car insurance prices has started to slow.
  
  Read more

• Lloyd's of London turns its back on the commute

  10-10-2020 18:52 via uk.finance.yahoo.com
  
  One of the City’s most venerable institutions is considering calling time on the daily commute. Lloyd’s of London, the world’s largest insurance market, is looking to abandon traditional office working even after coronavirus restrictions are lifted following the success of remote working. “In the longer term, we are likely to see a more blended approach that enables the best of remote working with the benefits of a flexible work space,” Bruce Carnegie-Brown, its cha
  
  Read more

• Financial jargon: One in five Brits don't know what a recession means

  10-10-2020 18:44 via uk.finance.yahoo.com
  
  A fifth of Brits are frequently confused by financial jargon.
  
  Read more

• Advertisement

• Financial jargon: One in five Brits don't know what a 'recession' is

  10-10-2020 18:44 via uk.finance.yahoo.com
  
  A fifth of Brits are frequently confused by financial jargon.
  
  Read more

• CMA hires law firm after open banking bullying claims

  10-10-2020 18:28 via uk.finance.yahoo.com
  
  The Competition and Markets Authority has hired law firm Mishcon de Reya to investigate an allegation of bullying made against the head of the business promoting UK open banking reforms. Imran Gulamhuseinwala, the trustee of the Open Banking Implementation Entity, was accused of intimidation and bullying by a former contract worker. Other allegations made by the former contractor included claims of a lack of diversity at OBIE, as well as concerns that high salaries and day rates were being paid
  
  Read more

• Boris Johnson: UK ready to 'explore every avenue' for Brexit talks

  10-10-2020 18:24 via uk.finance.yahoo.com
  
  The news comes as time ticks away in trade negotiations between the UK and EU.
  
  Read more

• Debt may be cheap, but the UK's poor productivity will cost us dear

  10-10-2020 18:00 via uk.finance.yahoo.com
  
  Debt may be cheap, but the UK's poor productivity will cost us dear. Thinktanks urging cuts in business taxes seem to forget that many industries which once powered growth are now dying
  
  Read more

• LeBron James now has the most finals losses in NBA history

  10-10-2020 17:48 via ibtimes.co.uk
  
  The Lakers are still leading the series 3-2 against the Miami Heat.
  
  Read more

• Babcock lures ex-MI5 boss

  10-10-2020 17:44 via uk.finance.yahoo.com
  
  Defence giant Babcock International is preparing to hire the former boss of MI5 to its board. The FTSE 250 warship-builder is in advanced talks with Sir Andrew Parker, who stepped down as director-general of the UK’s domestic intelligence service in April after seven years, Sky News reported. Babcock has been overhauling its board following a difficult few years during which shares have fallen by 66pc, from 825.5p in October 2017 to 278.6p on Friday. Chief executive Archie Bethel retired t
  
  Read more

• Lakers star Anthony Davis aggravates right-heel injury in game 5 loss to Miami Heat

  10-10-2020 17:33 via ibtimes.co.uk
  
  Davis is in doubt for game 6 on Sunday night.
  
  Read more

• NBA Finals: Miami Heat wins game 5, lives on to fight another day

  10-10-2020 17:25 via ibtimes.co.uk
  
  The Lakers still lead the series 3-2.
  
  Read more

• Billionaire brothers receive royal honours a week after £6.8bn Asda takeover

  10-10-2020 17:03 via uk.finance.yahoo.com
  
  The Issa brothers are the founders and owners of EG Group, a Blackburn-based chain of petrol stations and fast food retailers. The pair are worth a combined £5bn.
  
  Read more

• Investors and graduates flock to UK's burgeoning windfarms

  10-10-2020 17:00 via uk.finance.yahoo.com
  
  Investors and graduates flock to UK's burgeoning windfarmsThe government’s high-profile commitment to renewable energy could bring a decade of opportunities for young people
  
  Read more

• G4S gets bid from US rival as it fends off £3bn GardaWorld takeover

  10-10-2020 16:04 via uk.finance.yahoo.com
  
  Last week, the takeover by GardaWorld went sour, after the Canadian company turned directly to shareholders, making a 190p per share offer.
  
  Read more

• Organic growth vs acquisition – which is the best strategy?

  10-10-2020 16:00 via s17026.pcdn.co
  
  Originally written by nickquinn on Growth Business
  Organic growth vs acquisition. Which is better for companies that want to scale during the time of the Covid-19 pandemic? It is tempting in the present climate to forget about growth and focus purely on survival. Batten down the hatches, cut costs and try to weather the storm. After all, the Covid-19 pandemic has blown
  
  Read more

• Forget retiring early with Bitcoin! I’d buy UK shares after the stock market crash

  10-10-2020 16:00 via uk.finance.yahoo.com
  
  UK shares could offer a sound long-term growth outlook after the stock market crash, in my opinion. They may offer better prospects than Bitcoin.
  The post Forget retiring early with Bitcoin! I’d buy UK shares after the stock market crash appeared first on The Motley Fool UK.
  
  Read more

• Underground farm based in former Clapham air raid shelter to open new site in suburbs

  10-10-2020 15:57 via uk.finance.yahoo.com
  
  A massive underground farm in Clapham is set to open a new site on London’s outskirts in a bid to ramp up its sustainable agriculture operations.Growing Underground cultivates micro herbs and salad leaves in a former Second World War air raid shelter, 33 metres beneath the streets of the capital.
  
  Read more

• No retirement savings at 50? I’d invest £150 a week in UK shares to double the State Pension

  10-10-2020 15:57 via uk.finance.yahoo.com
  
  Investing regularly in UK shares could improve your retirement prospects, in my view. It may produce a passive income that doubles your State Pension.
  The post No retirement savings at 50? I’d invest £150 a week in UK shares to double the State Pension appeared first on The Motley Fool UK.
  
  Read more

• Mayors in northern England call for greater financial support

  10-10-2020 15:40
  Regional leaders say ‘lockdown on the cheap’ is incompatible with government’s levelling up agenda
  
  Read more

• Calling ISA investors! 2 of the best UK shares I’d buy today to get rich

  10-10-2020 14:51 via uk.finance.yahoo.com
  
  These two cheap UK shares both support dividend yields of more than 7%, which suggests they could be attractive additions to any ISA.The post Calling ISA investors! 2 of the best UK shares I’d buy today to get rich appeared first on The Motley Fool UK.
  
  Read more

• No savings at 50? You can still double your State Pension. Here’s how

  10-10-2020 14:09 via uk.finance.yahoo.com
  
  A retirement pot capable of matching your income from the State Pension may be more achievable than you think, even if you're bereft of savings at 50.
  The post No savings at 50? You can still double your State Pension. Here’s how appeared first on The Motley Fool UK.
  
  Read more

• Forget NS&I Premium Bonds and Income Bonds. I’d buy UK dividend shares for a passive income

  10-10-2020 13:55 via uk.finance.yahoo.com
  
  UK dividend shares could offer a significantly higher passive income than NS&I Premium Bonds and Income Bonds, in my opinion.
  The post Forget NS&I Premium Bonds and Income Bonds. I’d buy UK dividend shares for a passive income appeared first on The Motley Fool UK.
  
  Read more

• This FTSE 100 share surged 96% this week! But would I buy or bail out now?

  10-10-2020 13:45 via uk.finance.yahoo.com
  
  In an otherwise steady week for the FTSE 100, this beaten-down share suddenly nearly doubled. Are the shares set to soar further or crash to earth?
  The post This FTSE 100 share surged 96% this week! But would I buy or bail out now? appeared first on The Motley Fool UK.
  
  Read more

• Which? reveals best mortgage lenders as borrowers under stress

  10-10-2020 13:35 via uk.finance.yahoo.com
  
  Which? Surveyed more than 3,600 mortgage holders and looked at customer service, fee transparency and value for money.
  
  Read more

• Half of Brits had no savings before the COVID-19 pandemic

  10-10-2020 13:11 via uk.finance.yahoo.com
  
  Half of Brits were in a financially vulnerable position before the pandemic, survey finds.
  
  Read more

• Airbus deliveries reach monthly high in September but sales stay subdued

  10-10-2020 13:10 via uk.finance.yahoo.com
  
  The European planemaker made 341 deliveries over the last nine months, down 40% from the same period in 2019, with the fall in output triggered by COVID-19.
  
  Read more

• 3 reasons I’d ditch buy-to-let property and buy cheap UK shares right now

  10-10-2020 12:43 via uk.finance.yahoo.com
  
  Falling returns, tax changes and extra work are all reasons why this Fool thinks cheap UK shares may be a better investment than buy-to-let.
  The post 3 reasons I’d ditch buy-to-let property and buy cheap UK shares right now appeared first on The Motley Fool UK.
  
  Read more

• The State Pension age is set to rise again! Here’s how I’d protect myself

  10-10-2020 12:31 via uk.finance.yahoo.com
  
  As the State Pension age continues to rise, investors should look to protect themselves by opening a SIPP and buying stocks and shares.The post The State Pension age is set to rise again! Here’s how I’d protect myself appeared first on The Motley Fool UK.
  
  Read more

• What chancellor Rishi Sunak's latest announcements mean

  10-10-2020 12:02 via uk.finance.yahoo.com
  
  Sunak said his job support scheme would be expanded to offer targeted support to areas where businesses are ordered shut.
  
  Read more

• Puppy power: the costs and pitfalls of buying a dog

  10-10-2020 12:00 via uk.finance.yahoo.com
  
  Puppy power: the costs and pitfalls of buying a dog. The dos and don’ts of getting a ‘Covid companion’ – and the kit you need once they’re home. Pet insurance: how to get the best-value policy. Pet technology: meet the new breed
  
  Read more

• UK drivers 'unaware' of government's electric car grant

  10-10-2020 11:37 via uk.finance.yahoo.com
  
  Despite growing preference for alternative fuel cars, UK drivers are unaware of the 'plug-in' grant.
  
  Read more

• No savings at 50 and worried about the State Pension? You could still retire with £300k+

  10-10-2020 11:32 via uk.finance.yahoo.com
  
  No savings at 50? Relax, it's not the end of the world. Make these three smart financial moves now and you could retire with a very healthy savings pot.The post No savings at 50 and worried about the State Pension? You could still retire with £300k+ appeared first on The Motley Fool UK.
  
  Read more

• What’s the best way to make a million from UK shares? Ignore them

  10-10-2020 11:16 via uk.finance.yahoo.com
  
  If you want to make a million from the FTSE 100, fretting over every market movement won't make you richer, but it will drive you crazy.
  The post What’s the best way to make a million from UK shares? Ignore them appeared first on The Motley Fool UK.
  
  Read more

• Dollar makes a comeback as Cuba readies currency devaluation

  10-10-2020 11:02 via uk.finance.yahoo.com
  
  The US dollar is making a comeback as the favored currency in communist-run Cuba as the country prepares to devalue the peso to relieve pressure on a battered economy.
  
  Read more

• Stock market crash: 2 must-own UK shares I’d buy in an ISA for the new bull market

  10-10-2020 10:55 via uk.finance.yahoo.com
  
  These UK shares could make you seriously rich, says Royston Wild. This is why he thinks you should buy them in an ISA for the economic recovery.
  The post Stock market crash: 2 must-own UK shares I’d buy in an ISA for the new bull market appeared first on The Motley Fool UK.
  
  Read more

• How I’m planning to turn just £5 a day into a passive income

  10-10-2020 10:44 via uk.finance.yahoo.com
  
  It is possible for any investor to build a passive income stream by following this long-term savings plan and buying blue-chip income stocks.
  The post How I’m planning to turn just £5 a day into a passive income appeared first on The Motley Fool UK.
  
  Read more

• Italy business lobby sees 10% GDP contraction this year, 'partial' rebound in 2021

  10-10-2020 10:22 via uk.finance.yahoo.com
  
  Italy's business lobby Confindustria said on Saturday it saw just a "partial" rebound for the country's gross domestic product (GDP) in 2021 after an expected 10% contractionthis year, as the coronavirus epidemic still loomed.Confindustria's research unit CSC said a recent spike in new COVID-19 cases was a source of uncertainty and a cause for expected economic weakness in the last quarter of this year.CSC estimates Italian GDP to grow 4.8% next year.
  
  Read more

• Daimler labour chief urges lawmakers to promote car charging

  10-10-2020 10:08 via uk.finance.yahoo.com
  
  European lawmakers should promote electric car charging infrastructure as aggressively as they seek to lower carbon dioxide emissions, Michael Brecht, works council chief at German carmaker Daimler , told Reuters.Carmakers have warned that European Commission proposals to cut average new car emissions in 2030 by 50% below 2021 levels threaten manufacturing jobs, which are heavily dependent on assembling combustion engine cars."The political establishment should not decide on a green deal to tigh
  
  Read more

• £3k to invest in an ISA? 3 UK shares (like this 6.1% dividend yield) I think could make you rich

  10-10-2020 10:07 via uk.finance.yahoo.com
  
  Fancy getting one over the rest of the market? I reckon these underbought UK shares should provide brilliant shareholder returns in the years ahead.
  The post £3k to invest in an ISA? 3 UK shares (like this 6.1% dividend yield) I think could make you rich appeared first on The Motley Fool UK.
  
  Read more

• Louisiana: Downgraded storm Delta continues to inflict destruction on southern US communities

  10-10-2020 09:52 via uk.finance.yahoo.com
  
  Delta has been downgraded from a hurricane to a tropical storm a day after it came ashore in the US.
  
  Read more

• Louisiana: Downgraded Delta continues to inflict destruction on southern US communities

  10-10-2020 09:52 via uk.finance.yahoo.com
  
  Delta has been downgraded from a hurricane to a tropical storm a day after it came ashore in the US.
  
  Read more

• Warren Buffett would never make this mistake. To get rich and retire early, neither should you

  10-10-2020 09:45 via uk.finance.yahoo.com
  
  Growing numbers of investors are taking a short-term approach, but as Warren Buffett has made clear, that's no way to get rich and retire early.
  The post Warren Buffett would never make this mistake. To get rich and retire early, neither should you appeared first on The Motley Fool UK.
  
  Read more

• How I plan to use the FTSE 100 to get rich and retire early

  10-10-2020 09:37 via uk.finance.yahoo.com
  
  This Fool explains the straightforward strategy he is planning to use to build a large financial nest egg and retire early using the FTSE 100.The post How I plan to use the FTSE 100 to get rich and retire early appeared first on The Motley Fool UK.
  
  Read more

• Italy creates new company to press ahead with Alitalia nationalisation plan

  10-10-2020 09:34 via uk.finance.yahoo.com
  
  Italy has approved the creation of a new company to house the assets of troubled airline Alitalia as the government presses ahead with a plan to nationalise the company.The nationalisation plan, which was delayed by political infighting, will now need to be approved by the European Commission.The economy, industry, transport and labour ministers signed late on Friday the decree setting up the new company.
  
  Read more

• How the Cineworld closures could turn leisure parks into a disaster movie

  10-10-2020 09:00 via uk.finance.yahoo.com
  
  How the Cineworld closures could turn leisure parks into a disaster movieExperts fear firm’s mothballing of UK cinemas will spark a grim chain reaction for surrounding hospitality trade
  
  Read more

Follow @Business_UKnews on Twitter!