Business news

• Self-employed fear unaffordable tax bills as a result of coronavirus

  23-10-2020 23:45
  Millions with little income in 2020 expected to make a payment on account in January
  
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• U.S. judge denies new government bid to remove China's WeChat from U.S. app stores

  23-10-2020 23:13 via uk.finance.yahoo.com
  
  U.S. Magistrate Judge Laurel Beeler said the government's new evidence did not change her opinion about the Tencentapp.As it has with Chinese video app TikTok, the Justice Department has argued WeChat threatens national security.
  
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• The business lunch may benefit from a ‘glorious’ Covid loophole

  23-10-2020 23:00
  Can an old-fashioned ritual to oil the wheels of a professional relationship now be deemed ‘reasonably necessary’?
  
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• Covent Garden restaurants make a meal of Sunak’s latest support

  23-10-2020 23:00
  Some welcome lifeline to get through winter, others fear it’s not enough to save jobs
  
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• UK banks raise rates to stifle home loan boom

  23-10-2020 22:00
  Lenders struggling to process mortgage borrowing as buyers look to beat stamp duty deadline
  
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• Libya resumes oil exports from key terminals

  23-10-2020 21:40 via uk.finance.yahoo.com
  
  Libya's National Oil Corporation announced Friday the resumption of oil exports from two key terminals in the east of the conflict-strewn country, as rival administrations struck a ceasefire deal.
  
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• AstraZeneca resumes U.S. COVID-19 vaccine trial, optimism seen for J&J

  23-10-2020 20:53 via uk.finance.yahoo.com
  
  AstraZeneca's U.S. trial was paused on Sept. 6 after a report of a serious neurological illness, believed to be transverse myelitis, in a participant in the company's UK trial.U.S. Health and Human Services Deputy Chief of Staff Paul Mango also told reporters he was optimistic a U.S. trial by Johnson & Johnsonwould resume.
  
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• AstraZeneca resumes U.S. COVID-19 vaccine trial and next week J&J prepares to do same

  23-10-2020 20:53 via uk.finance.yahoo.com
  
  The news signaled progress against the novel coronavirus that has infected more than 41 million globally, including 8 million Americans and comes 10 days before a U.S. presidential election that may hinge on plans (https://www.reuters.com/article/us-usa-election/biden-warns-on-coronavirus-surge-trump-heads-to-florida-in-campaign-sprint-idUSKBN2781A4) to fight the pandemic.AstraZeneca, one of the leading vaccine developers, paused its U.S. trial on Sept. 6 after a report of a serious neurological
  
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• AstraZeneca resumes U.S. COVID-19 vaccine trial and J&J prepares to do same next week

  23-10-2020 20:53 via uk.finance.yahoo.com
  
  AstraZeneca's U.S. trial was paused on Sept. 6 after a report of a serious neurological illness, believed to be transverse myelitis, in a participant in the company's UK trial.J&J paused its large, late-stage trial last week after a study participant became ill and the company said an independent safety panel was investigating.
  
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• AstraZeneca resumes U.S. COVID-19 vaccine trial and J&J prepares to do same

  23-10-2020 20:53 via uk.finance.yahoo.com
  
  AstraZeneca's U.S. trial was paused on Sept. 6 after a report of a serious neurological illness, believed to be transverse myelitis, in a participant in the company's UK trial.U.S. Health and Human Services Deputy Chief of Staff Paul Mango also told reporters he was optimistic a U.S. trial by J&J would resume.
  
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• AstraZeneca, Oxford allowed to resume COVID-19 vaccine trial in U.S. - WSJ

  23-10-2020 20:53 via uk.finance.yahoo.com
  
  AstraZeneca, Oxford and U.S. regulators were not immediately available for comment.AstraZeneca's large, late-stage U.S. trial has been on hold since Sept. 6, after a participant in the company's UK trial fell ill with what was suspected to be a rare spinal inflammatory disorder called transverse myelitis.
  
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• Government fears working from home under lockdown is hitting the UK economy hard

  23-10-2020 20:34 via uk.finance.yahoo.com
  
  Senior Government ministers are increasingly concerned working from home is leading to less productivity in the economy, The Telegraph understands. There is growing alarm in Government over the long-term effect on the economy of the prolonged shift to home working brought about by the coronavirus pandemic lockdown. Business leaders have warned working from home is harming UK productivity, amid concerns jobs will be relocated abroad if there is a long-term shift away from the office. A quarter of
  
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• Government fears working from home is hitting UK economy hard

  23-10-2020 20:34 via uk.finance.yahoo.com
  
  Senior Government ministers are increasingly concerned that working from home is leading to less productivity in the economy, The Telegraph understands. There is growing Government alarm over the long-term effect on the economy of the prolonged shift to home working brought about by the coronavirus pandemic. Business leaders have warned that it is harming productivity amid concerns that jobs will be relocated abroad if there is a long-term shift away from the office. A quarter of companies have
  
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• Mnuchin says 'significant differences' remain on stimulus

  23-10-2020 20:17 via uk.finance.yahoo.com
  
  Despite months of talks, "significant differences" remain with Democrats on a new US economic stimulus package, Treasury Secretary Steven Mnuchin said Friday, indicating worsening odds for a deal before the November 3 election.
  
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• How to negotiate your salary: 6 easy tips

  23-10-2020 20:13 via uk.finance.yahoo.com
  
  Knowing how to negotiate your salary is a vital skill to ensure you stay on top of your game, and on top of your earning potential.
  The post How to negotiate your salary: 6 easy tips appeared first on The Motley Fool UK.
  
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• Bailiffs agree not to carry out evictions in areas under tier 2 or 3 restrictions

  23-10-2020 20:00 via uk.finance.yahoo.com
  
  Campaigners warn threat of eviction still looms as proceedings are continuing through the courts even if bailiffs will not enforce them for now
  
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• Rate of Covid-19 spread in UK appears to slow

  23-10-2020 19:42
  Data offer first sign that introduction of more restrictive measures has damped transmission of virus
  
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• Investors' bold bets on Biden win pose market risk

  23-10-2020 19:21 via uk.finance.yahoo.com
  
  With less than two weeks to go before the U.S. presidential election, investors may be placing too much confidence in a decisive win by Democratic challenger Joe Biden as his lead in opinion polls narrows.Market participants have in recent weeks pulled back from bets that would benefit from election-related volatility while piling into assets that would benefit from a Biden win, including alternative energy shares and cannabis stocks.As Biden's lead has narrowed in recent days, some market watch
  
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• Cheap shares: This FTSE 100 stock has soared 24% in a month. What I’d do with it today?

  23-10-2020 18:54 via uk.finance.yahoo.com
  
  With so many cheap shares on sale today, should I avoid this surging FTSE 100 stock, up almost a quarter in a month?
  The post Cheap shares: This FTSE 100 stock has soared 24% in a month. What I’d do with it today? appeared first on The Motley Fool UK.
  
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• Tesla to recall 30,000 cars from China over suspension defects

  23-10-2020 18:52 via uk.finance.yahoo.com
  
  US electric car manufacturer Tesla will recall almost 30,000 vehicles imported into China due to suspension defects, China's market regulator said Friday.
  
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• FTSE ends week on a high as banks soar

  23-10-2020 18:43 via uk.finance.yahoo.com
  
  Barclays presented a strong set of third quarter results on Friday.
  
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• Treasury confirms it is to end VAT waiver on PPE in UK

  23-10-2020 18:40 via uk.finance.yahoo.com
  
  Treasury confirms it is to end VAT waiver on PPE in UKItems such as protective face masks and gloves will no longer be exempt from 20% sales tax * Coronavirus – latest updates* See all our coronavirus coverage
  
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• Downing Street urges people not to exploit working lunch loophole

  23-10-2020 18:40 via uk.finance.yahoo.com
  
  Number 10 has told people not to take advantage of the working lunch loophole as businesses said it would "ultimately" be down to customers to obey local lockdown rules. A spokesman said people in Tier 2 and Tier 3 areas should only meet in restaurants if that was "reasonably necessary for work purposes" and urged them to act responsibly. It came as Kate Nicholls, the chief executive of UKHospitality, said compliance with the restrictions "ultimately lies with the customers". She said: "When hos
  
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• Half a million self-employed people to get just two-fifths of income under new government support

  23-10-2020 18:37 via uk.finance.yahoo.com
  
  Close to half a million self-employed people face taking home only two-fifths of their regular income under the Chancellor’s new support scheme, new research has found. Freelancers will be able to apply for a grant worth just 40 per cent of their usual average monthly trading profits, half of what was offered during the first lockdown. It means the average freelancer in the arts or hospitality will receive just £450 a month if their industry is shut or affected by Tier 2 or 3 restric
  
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• New WhatsApp update will let you silence that annoying group chat until the end of time

  23-10-2020 18:28 via uk.finance.yahoo.com
  
  The update replaces the year-long mute option
  
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• Xbox Series X and S: Pre-order, release date, price, games and everything else you need to know about Microsoft's new console

  23-10-2020 18:27 via uk.finance.yahoo.com
  
  The next generation of Xbox is on its way, in the form of note one console but too: the Xbox Series X and Series S.The Xbox – both versions – will arrive on 10 November.The Xbox Series X is $500 or £450.
  
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• Holidaymakers flock to Canary Islands due to travel corridor

  23-10-2020 18:26 via uk.finance.yahoo.com
  
  Firms such as Tui, easyJet, Hays Travel and On the Beach reported a surge in demand since the change in Government policy was announced.
  
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• Is a pumpkin an essential item in the Welsh Covid firebreak?

  23-10-2020 18:23 via uk.finance.yahoo.com
  
  Is a pumpkin an essential item in the Welsh Covid firebreak?Supermarkets scramble to interpret ban on sales of non-essential items in lockdown* Coronavirus – latest updates* See all our coronavirus coverage
  
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• Thousands of jobs at risk as Gap considers closing all UK stores

  23-10-2020 18:19 via uk.finance.yahoo.com
  
  Gap said shops in the United Kingdom, France, Ireland and Italy could shut at the end of the second quarter in 2021.
  
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• Global stock markets mostly firmer

  23-10-2020 18:12 via uk.finance.yahoo.com
  
  Global stock markets were mostly firmer Friday on hopes US leaders will finally agree a coronavirus economic stimulus package but sharply rising case numbers and weak data in Europe capped gains there.
  
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• PS5: Pre-order, release date, price, games and everything else you need to know about Sony's new PlayStation

  23-10-2020 18:08 via uk.finance.yahoo.com
  
  The PlayStation 5 is now just days away from release, and excitement about the new console continues to build.For the most part, Sony has preferred to concentrate on what the specs do, rather than being all that explicit in listing the numbers.
  
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• Sturgeon hails Covid progress as she introduces 5-level alert system

  23-10-2020 18:07
  Scotland’s first minister says growth in infections is slowing but warns more financial help might be needed
  
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• Betting odds say Biden twice as likely to win US election than Trump

  23-10-2020 18:02 via uk.finance.yahoo.com
  
  Odds for the Democratic challenger winning the White House is 67% compared to Trump’s 33%, data from betting exchange Smarkets showed.
  
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• How to turn your startup business into a success

  23-10-2020 17:55 via uk.finance.yahoo.com
  
  Seven tips for how to make your startup successful.
  
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• Was Tottenham's Serge Aurier actually attacked by fellow Ivorian player Serey Dié?

  23-10-2020 17:40 via ibtimes.co.uk
  
  A video emerged showing Serey Dié slapping and grabbing Serge Aurier by the neck raising questions if the interaction was a conflict or playful gesture.
  
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• Boris Johnson is mishandling the northern lockdowns

  23-10-2020 17:40
  There is a fatal disconnect between Whitehall’s policies and reality for businesses on the ground
  
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• Freelancers treated like ‘second-class citizens’ with a third less support than employees

  23-10-2020 17:38 via uk.finance.yahoo.com
  
  The Government has been accused of treating the self-employed like second-class citizens after new analysis found freelancers have been given almost a third less in state support than employees. Employees have received almost £5,000 more in salary subsidies during the pandemic, according to calculations research by accountant Blick Rothenberg. Furlough and the Self-employed Income Support Scheme initially offered the same support of up to £2,500 per month, covering 80pc of wages or p
  
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• Freelancers treated like 'second-class citizens' with a third less support than employees

  23-10-2020 17:38 via uk.finance.yahoo.com
  
  The Government has been accused of treating the self-employed like second-class citizens after new analysis found freelancers have been given almost a third less in state support than employees. Employees have received almost £5,000 more in salary subsidies during the pandemic, according to calculations research by accountant Blick Rothenberg. Furlough and the Self-employed Income Support Scheme initially offered the same support of up to £2,500 per month, covering 80pc of wages or p
  
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• Facebook will soon charge merchants for WhatsApp Business services

  23-10-2020 17:27 via ibtimes.co.uk
  
  WhatsApp is one of Facebook's acquisitions that has been under close scrutiny by the House of Judiciary subcommittee on antitrust
  
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• Borat reacts to Rudy Giuliani's controversy in 'Borat Subsequent Moviefilm'

  23-10-2020 17:18 via ibtimes.co.uk
  
  Borat blames the media for the "disgusting" reports on Rudy Giuliani's "sexy innocent time" with his daughter.
  
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• Borat 2: Sacha Baron Cohen reacts to Rudy Giuliani controversy

  23-10-2020 17:18 via ibtimes.co.uk
  
  Borat blames the media for the "disgusting" reports on Rudy Giuliani's "sexy innocent time" with his daughter.
  
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• Jaeger and Peacocks owner given 10-day respite to avoid collapse

  23-10-2020 17:17 via uk.finance.yahoo.com
  
  Philip Day held crunch talks to salvage his retail empire and save it from being seized by administrators.
  
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• Baby discovered dead at home shortly after deceased mother identified under bridge

  23-10-2020 17:08 via ibtimes.co.uk
  
  The woman was reportedly spotted behaving strangely near the toll bridge where her body was later discovered.
  
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• I think I can retire faster by doing this in addition to owning the FTSE 100

  23-10-2020 17:07 via uk.finance.yahoo.com
  
  Motley Fool contributor Jay Yao writes why he thinks owning the S&P 500 in addition to the FTSE 100 might be a good idea for his long-term portfolio.
  The post I think I can retire faster by doing this in addition to owning the FTSE 100 appeared first on The Motley Fool UK.
  
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• Cheap shares: this FTSE 100 stock leaps 10% in two days, but would I keep buying?

  23-10-2020 17:07 via uk.finance.yahoo.com
  
  One week ago, these cheap shares struggled to stay above £1. Today, this FTSE 100 stock has surged on improving results. But am I still a buyer?
  The post Cheap shares: this FTSE 100 stock leaps 10% in two days, but would I keep buying? appeared first on The Motley Fool UK.
  
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• Holiday Inn hotel group sees revenue fall as Covid-19 keeps people at home

  23-10-2020 17:01 via uk.finance.yahoo.com
  
  Holiday Inn hotel group sees revenue fall as Covid-19 keeps people at homeInterContinental Hotels Group, which also owns the Crowne Plaza and Regent chains, does not expect quick recovery
  
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• Holiday Inn hotel group revenue falls as Covid-19 keeps people at home

  23-10-2020 17:01 via uk.finance.yahoo.com
  
  Holiday Inn hotel group revenue falls as Covid-19 keeps people at home. IHG, which also owns Crowne Plaza and Regent chains, does not expect quick recovery
  
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• Brussels offers UK less on financial services than Japan

  23-10-2020 16:58
  City of London complains that sector has been neglected in trade talks
  
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• Xbox games could come to streaming sticks as Microsoft continues to expand xCloud service

  23-10-2020 16:57 via uk.finance.yahoo.com
  
  Xbox games could soon be playable through just a streaming stick, according to Microsoft’s head of the console.Phil Spencer indicated that the company’s xCloud game streaming service could eventually be pushed out onto hardware that just connects to the internet and allows players to game through small pieces of hardware.Google has also launched its own, named Stadia, which can already be played through some of its Chromecast streaming sticks.
  
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• Gap considers closing all its UK stores

  23-10-2020 16:50 via bbc.co.uk
  
  Thousands of jobs could be at risk as the US clothing chain mulls closing its company-owned shops.
  
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