Business news

• EU states urged to push UK into new talks in event of no-deal Brexit

  11-12-2020 22:01
  Member states told not to break ranks or consider side-deals as ‘incentive must be maintained’
  
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• UK faces pricier food and possible shortages in no deal Brexit

  11-12-2020 21:26
  Border delays and tariffs also threaten exporters
  
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• Senior England Test and Trace official joins supplier weeks after leaving post

  11-12-2020 19:51
  Emma Stanton starts at Oxford Nanopore after contract ends at government programme
  
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• Everything you need to know about data gathering, protection, storage and use under GDPR

  11-12-2020 18:45 via s17026.pcdn.co
  
  Originally written by Anna Jordan on Growth Business
  Since its introduction in May 2018, we’ve learned that the General Data Protection Regulations (GDPR) is a broad topic with many facets. Where does a business begin if they want to grapple with the intricacies of the regulations? We’ll make a start by breaking them down for you. GDPR is based around seven key principles:
  
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• The power of peer support and how Peer Networks can help SMEs thrive

  11-12-2020 17:39 via s17026.pcdn.co
  
  Originally written by Partner Content on Growth Business
  As a small to medium sized business owner, engaging with a network of trusted peers to talk about and find solutions for opportunities and challenges can be an extremely valuable experience. Gaining practical insights as a result of support others who are in a similar position can help guide the business in the right direction
  
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• Odeon cinema owner warns it's running out of cash

  11-12-2020 17:38 via bbc.co.uk
  
  AMC Entertainment Holdings, owner of Odeon Cinemas, is burning through $125m a month.
  
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• UK carmakers/Brexit: no-deal whiplash

  11-12-2020 17:00
  Industry faces jolt if trade negotiations fail
  
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• On Brexit, the Tories have fallen prey to magical thinking

  11-12-2020 17:00
  Ministers still wish away hard trade-offs without a clear vision for prosperity if there is no deal
  
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• Sterling slips as EU warns ‘no deal’ is most likely Brexit outcome

  11-12-2020 16:07
  Downbeat assessment of talks from Brussels also hits UK banking stocks
  
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• Pound falls on the prospect of a no-deal Brexit

  11-12-2020 16:02 via bbc.co.uk
  
  Prime Minister Boris Johnson said it is 'very, very likely' the UK will not secure terms with the EU.
  
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• Back with a roar – Sir Howard Panter talks Trafalgar Entertainment and post-covid theatre

  11-12-2020 15:54 via ibtimes.co.uk
  
  On hearing that plans are advancing for a new theatre in London's West End, some may be tempted to echo the fictional civil servant Humphrey Appleby and declare it a "courageous move". In this context, of course, "courageous" means "foolhardy".
  
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• BT fined £6m for breaking bidding rules in Northern Ireland

  11-12-2020 15:53
  Regulator Ofcom launched investigation following complaint from rival Eir over award of public sector telecoms contract
  
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• Sterling falls as EU warns ‘no deal’ is most likely Brexit outcome

  11-12-2020 14:31
  Downbeat assessment of talks from Brussels also hits UK banking stocks
  
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• Mastercard faces £14bn lawsuit after landmark UK Supreme Court ruling

  11-12-2020 14:29
  Judgment allows Britain’s biggest consumer claim on card fees to proceed
  
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• Post Office scandal: Postmasters have convictions quashed

  11-12-2020 13:47 via bbc.co.uk
  
  Six former sub-postmasters have their convictions for fraud linked to a new computer system dismissed.
  
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• How to keep your marketing GDPR compliant

  11-12-2020 13:17 via s17026.pcdn.co
  
  Originally written by Anna Jordan on Growth Business
  The General Data Protection Regulation (GDPR) likely impacts most of  your staff, but marketing is one of the departments which has the most direct contact with customers meaning it’s an area more likely to encounter the legislation day-to-day. It seems that the  lack of understanding when it comes to GDPR within the marketing industry is
  
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• Boris Johnson’s ‘red wall’ facing blow from no-deal Brexit and Covid

  11-12-2020 13:13
  FT analysis shows how the north and midlands are among areas of Britain with highest share of jobs in ‘at risk’ sectors
  
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• Court paves the way for £14bn Mastercard claim

  11-12-2020 13:08 via bbc.co.uk
  
  The claim alleges 46 million people paid higher prices in shops than they should have.
  
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• Ferrari boss leaves car maker on eve of Grand Prix

  11-12-2020 13:04 via bbc.co.uk
  
  Louis Camilleri is leaving the luxury carmaker on the eve of the Abu Dhabi Grand Prix.
  
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• Disney ramps up Star Wars and Marvel franchises

  11-12-2020 12:24 via bbc.co.uk
  
  The expansion marks another industry shift away from cinema to streaming.
  
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• Lewis Hamilton recovers from COVID-19, returns for Abu Dhabi GP

  11-12-2020 12:04 via ibtimes.co.uk
  
  George Russell won't get another chance to drive the championship-winning Mercedes this season.
  
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• Black workers at Lloyds Bank earn a fifth less than other colleagues

  11-12-2020 12:02 via bbc.co.uk
  
  The banking group says it will "take action" to resolve the discrepancy among its staff.
  
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• Libraries in Japan install machines that would disinfect books using UV light

  11-12-2020 11:42 via ibtimes.co.uk
  
  The machine gives visitors peace of mind knowing that a book that they take out from the library would be free of viruses.
  
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• Pharma recall: Depression and erectile dysfunction drugs mistakenly "mixed-up"

  11-12-2020 11:27 via ibtimes.co.uk
  
  Unintentional consumption of sildenafil can pose a serious health risk for people who have underlying health issues, leading to dangerously low blood pressure.
  
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• Deals of the Week, December 4 to 11 – Growth Business roundup

  11-12-2020 11:26 via s17026.pcdn.co
  
  Originally written by Rory Bennett on Growth Business
  Staze crowdfunds £500,000 for staycation app Staze, the new app which puts under-occupied holiday rentals at the fingertips of last-minute bookers, has closed its first crowdfunding round at £500,000. The £500,000 investment will enable Staze to employ a full-time team to grow its UK staycation property listings from 4,000 to 80,000 by the end of
  
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• Chinese aviation authority recommends wearing of disposable nappies for cabin crew during flights

  11-12-2020 10:52 via ibtimes.co.uk
  
  The recommended hygiene practice was based on the case of a woman travelling from Italy to South Korea who contracted the coronavirus during her trip, and a visit to the bathroom
  
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• Heathrow to shut Terminal 4 until end of next year

  11-12-2020 10:41 via bbc.co.uk
  
  The airport operator says passenger numbers fell sharply following a second lockdown.
  
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• Kim Kardashian is 'so messed up' after Brandon Bernard's execution

  11-12-2020 10:31 via ibtimes.co.uk
  
  Kim Kardashian continues to laud Brandon Bernard as a good person even hours after his death by execution.
  
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• UK banks can weather pandemic, says Bank of England

  11-12-2020 10:01 via bbc.co.uk
  
  Most risks to financial stability posed by Covid and a no-deal Brexit have been mitigated, the Bank says.
  
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• Twitter roasts Ellen DeGeneres after she reveals COVID-19 diagnosis

  11-12-2020 09:58 via ibtimes.co.uk
  
  Ellen Degeneres received backlash instead of support after she revealed that she tested positive for COVID-19.
  
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• Minnesota nurse gets shamed by neighbor for putting up Christmas lights

  11-12-2020 09:53 via ibtimes.co.uk
  
  A GoFundMe has subsequently been set up to supply homes along the street with Christmas lights.
  
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• Calisen goes private less than a year after London listing

  11-12-2020 09:37
  Consortium of funds pays £1.43bn for energy smart meter provider
  
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• Pandemic resurgence delays recovery at Rolls-Royce

  11-12-2020 09:09
  Aero-engine maker expects an improvement in the second half of 2021
  
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• UK banks strong enough to support economy through pandemic, says BoE

  11-12-2020 09:05
  Brexit poses threat of ‘market volatility and disruption to financial services’, warns financial stability report
  
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• Brexit poses threat of ‘market volatility and disruption’, BoE warns

  11-12-2020 09:05
  UK central bank’s financial stability report says EU-based investors face risk to transactions
  
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• 'Black Panther 2' release, casting update: Chadwick Boseman will not be recast

  11-12-2020 07:38 via ibtimes.co.uk
  
  Chadwick Boseman will be the one and only T'Challa in the Marvel Cinematic Universe.
  
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• Hayden Christensen returning to 'Star Wars' as Darth Vader

  11-12-2020 07:09 via ibtimes.co.uk
  
  Hayden Christensen will play Darth Vader in the Disney Plus series "Obi-Wan Kenobi."
  
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• Wealth tax report gives ‘political cover’ for raising existing taxes

  11-12-2020 06:00
  New levy would be politically difficult for Conservatives to introduce
  
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• US telcos ordered to 'rip and replace' Huawei components

  11-12-2020 05:27 via bbc.co.uk
  
  The order is the latest US move against Chinese communications firm Huawei on security grounds
  
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• Visa, Mastercard dump Pornhub over abuse video claims

  11-12-2020 05:19 via ibtimes.co.uk
  
  The company earlier this week announced it would only allow "properly identified users to upload content," and also banned downloads.
  
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• Sectors that will be hit by a no-deal Brexit

  11-12-2020 05:00
  FT writers look at consequences likely to flow if Johnson pulls plug on nearly 30 years of EU single market membership
  
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• Nine things you need to know about a no-deal Brexit

  11-12-2020 05:00
  FT writers look at the impact of a failure to agree a trade deal, from sterling to food supplies
  
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• Shortages, jams and shutdowns: UK readies for Brexit 'no-deal' chaos

  11-12-2020 04:55 via ibtimes.co.uk
  
  Failure to secure a deal in time for the end of the transition period on December 31 would see Britain revert to World Trade Organization rules, with tariffs and quotas, from January 1.
  
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• Global stocks mixed as pound sinks and Airbnb surges

  11-12-2020 04:02 via ibtimes.co.uk
  
  Johnson warned last-gasp talks for a Brexit trade deal with the European Union could fail, and urged the public to prepare for a "no deal."
  
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• Pop Mart: China's mystery toymaker becomes multi-billionaire

  11-12-2020 03:54 via bbc.co.uk
  
  The founder of Pop Mart has seen his wealth surge as millions of Chinese buy collectible toys.
  
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• US experts vote to approve Pfizer vaccine

  11-12-2020 03:48 via ibtimes.co.uk
  
  Health care workers and vulnerable populations including the elderly are to be the first to receive it.
  
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• Ridley Scott inspires Network Rail’s cave-exploring drone

  11-12-2020 01:54 via bbc.co.uk
  
  Scenes from the movie Prometheus inspired Network Rail to develop a drone that can explore caves.
  
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• Brexit stockpiling: 'I can't get my wine out of the EU'

  11-12-2020 01:21 via bbc.co.uk
  
  Merchant Simon Taylor says delays at ports and Brexit stockpiling is making wine imports impossible.
  
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• Electric car battery plant for Blyth power station site

  11-12-2020 01:20 via bbc.co.uk
  
  Britishvolt says the £2.6bn plant will be the largest industrial investment in the North East for years.
  
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• UK’s first gigafactory to provide £2.6bn boost for ‘red wall’ town

  11-12-2020 01:03
  Battery production centre to create 8,000 jobs and boost prospects of homegrown electric car industry
  
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