Business news

• Brexit trade talks hit by fresh dispute over state aid

  17-12-2020 22:31
  Wrangling over EU’s €750bn recovery fund and fishing access as talks go to the wire
  
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• Brexit trade talks buffeted by EU Covid relief state aid row

  17-12-2020 22:31
  Negotiations go to the wire over EU’s €750bn recovery fund and fishing access
  
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• ‘They have to do a deal now’ — the frontline cost of Brexit uncertainty

  17-12-2020 22:01
  Scottish fish exporter Peche Group is one of many British businesses anxiously eyeing the end of the UK’s transition period
  
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• Centrica faces industrial action in January

  17-12-2020 20:53
  GMB members vote in favour of UK strikes over new contractual conditions
  
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• Rishi Sunak extends furlough scheme for another month

  17-12-2020 20:33 via bbc.co.uk
  
  Chancellor Rishi Sunak extends the furlough scheme for one month until the end of April 2021.
  
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• Port of Dover facing 'unnecessary holdups' on 1 January

  17-12-2020 19:48 via bbc.co.uk
  
  The company managing the port says lack of government support will make the transition "more challenging".
  
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• Consumers rushed out to spend after England lockdown lifted

  17-12-2020 19:29
  Expenditure up 9.4 per cent in the week to December 13 compared to 2019
  
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• Furlough scheme extended for another month

  17-12-2020 15:40 via bbc.co.uk
  
  Chancellor Rishi Sunak extends the furlough scheme for one month until the end of April 2021.
  
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• London Capital and Finance: Compensation for scandal victims

  17-12-2020 15:33 via bbc.co.uk
  
  The Financial Conduct Authority "did not effectively regulate" London Capital and Finance, a review says.
  
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• UK economy's future unusually uncertain, says Bank of England

  17-12-2020 14:59 via bbc.co.uk
  
  The Bank of England says trying to predict economic progress is hampered by a lack of a Brexit deal.
  
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• BoE leaves monetary policy unchanged amid economic headwinds

  17-12-2020 14:30
  MPC cites Covid crisis and Brexit for UK’s ‘unusually uncertain’ outlook
  
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• Sherry makes a comeback as Christmas sales surge

  17-12-2020 13:24 via bbc.co.uk
  
  Sales of sherry are booming in the run-up to Christmas, fuelled by lockdown and the "tapas effect".
  
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• Serco repays UK government furlough funds as profits set to rise

  17-12-2020 13:24
  Outsourcer involved with test and trace scheme to reward 50,000 staff with £100 bonus each
  
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• EU sounds optimistic note as hopes for Brexit trade deal mount

  17-12-2020 13:07
  Michel Barnier says talks in ‘final stretch’ but ‘stumbling blocks’ remain
  
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• Liverpool gets back on track to defend Premier League title

  17-12-2020 13:01 via ibtimes.co.uk
  
  The Spurs have now ended an impressive run, which stretches all the way back to their only other loss this season in their opening match against Everton.
  
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• Chinese craft returns to Earth with Moon rocks

  17-12-2020 12:31 via ibtimes.co.uk
  
  The capsule will be airlifted to Beijing for opening, and the Moon samples will be delivered to a research team for analysis and study.
  
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• 12 of the most exciting tech companies in Reading and Thames Valley

  17-12-2020 12:13 via s17026.pcdn.co
  
  Originally written by Rory Bennett on Growth Business
  Reading’s tech hub lies at the head of Britain’s answer to Silicon Valley. It’s the crown of the Silicon Corridor or M4 Corridor, as it’s known, which extends from Reading to Swindon and is home to a large number of foreign and local tech firms. Indeed, Reading has seven times the tech company density than
  
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• BA drops 15 long-haul routes including Seoul and Seychelles

  17-12-2020 12:06 via bbc.co.uk
  
  The news comes as many airlines cut staff and drop routes as passengers cut travel amid the pandemic.
  
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• Freaky 3D masks featuring real faces of people can be bought in Japan

  17-12-2020 12:05 via ibtimes.co.uk
  
  Any adult can don these masks and they would look like another person, depicting the face of an unnamed Japanese adult.
  
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• Asian markets mostly rise on hopes for US stimulus, Brexit talks

  17-12-2020 11:47 via ibtimes.co.uk
  
  After a slow start, Tokyo, Hong Kong and Shanghai were all well up, while Sydney put on more than one percent and Mumbai also enjoyed strong gains.
  
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• Why the EU insists on a level playing field

  17-12-2020 11:45
  Europe leads a growing trend of seeing that globalisation is separate from deregulation
  
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• Twitter cracks down on false posts about Covid vaccines

  17-12-2020 11:30 via ibtimes.co.uk
  
  The social media platform already targets posts containing false information on how the virus spreads and the efficacy of public health measures such as mask-wearing.
  
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• Serco: Test-and-trace firm hands £5m bonus to workers

  17-12-2020 11:30 via bbc.co.uk
  
  The company will award £100 each to 50,000 worldwide staff and plans to return UK furlough payments.
  
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• Coronavirus silver lining? Alcohol consumption among college students drastically drops during pandemic

  17-12-2020 11:10 via ibtimes.co.uk
  
  Many returned to live with their parents and the researchers noted that this could be a protective measure against heavy drinking during emerging adulthood.
  
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• Sunak to extend UK’s emergency Covid business loan schemes

  17-12-2020 11:09
  Chancellor aims to mitigate effects of extended coronavirus restrictions and disruption from end of Brexit transition
  
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• Rishi Sunak to extend UK’s emergency Covid business loan schemes

  17-12-2020 11:09
  Chancellor aims to mitigate effects of extended coronavirus curbs and disruption from end of Brexit transition
  
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• Rishi Sunak extends UK’s emergency Covid business schemes

  17-12-2020 11:09
  Chancellor aims to mitigate effects of extended coronavirus curbs and Brexit disruption
  
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• Mother murders 19-month-old daughter by pouring scalding water over her

  17-12-2020 10:40 via ibtimes.co.uk
  
  Prosecutors pointed out that it was not an instant death for her daughter as it had taken "in the region of one hour for her to die."
  
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• Covid curbs scandalous, says Revolution Bars chief

  17-12-2020 10:30 via bbc.co.uk
  
  Chief executive Rob Pitcher says the government is "sacrificing businesses and people's livelihoods".
  
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• 'The Crown' didn't show Margaret Thatcher's humanity; got Balmoral debut 'factually' wrong: Report

  17-12-2020 10:21 via ibtimes.co.uk
  
  Moore noted that most of Thatcher's mannerisms in the show are accurate, including her low-flying curtsy to the queen.
  
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• Healthcare worker suffers allergic reaction 10 minutes after receiving Pfizer vaccine

  17-12-2020 10:15 via ibtimes.co.uk
  
  Her symptoms kept re-emerging, which was why the woman was transferred to the intensive care unit.
  
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• Ghost ship containing $80 million worth of cocaine washes up on Marshall Islands

  17-12-2020 10:06 via ibtimes.co.uk
  
  Investigations found the 18ft. fiberglass vessel carrying what turns out to be the Pacific nation's largest-ever haul of cocaine
  
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• 'I've lost £20,000 in sales because of shipping delays'

  17-12-2020 09:39 via bbc.co.uk
  
  As Christmas looms, popular lines including Lego, dolls and puzzles are out of stock at some toy stores.
  
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• COVID-19 safety: Wearing a used face mask more dangerous than having no mask at all

  17-12-2020 09:03 via ibtimes.co.uk
  
  A new surgical mask that has three layers is 65 percent efficient when it comes to filtering particles found in the air, but its efficiency drops after first use
  
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• 'Lucifer' season 5B release date: Episodes not confirmed for early 2021

  17-12-2020 08:55 via ibtimes.co.uk
  
  Showrunner Ildy Modrovich does not know when the remaining eight episodes of "Lucifer" season 5 will arrive.
  
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• Chuck Wicks says decade-old breakup with Julianne Hough was not his fault

  17-12-2020 08:39 via ibtimes.co.uk
  
  The country-music artist said he and Julianne "were on a high" because both of their careers were going great back then.
  
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• Toscafund to take TalkTalk private in £1.1bn deal

  17-12-2020 08:37
  Hedge fund that is UK broadband group’s second-largest shareholder wins backing from founder Charles Dunstone
  
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• Toscafund to buy TalkTalk for £1.1bn

  17-12-2020 08:37
  Fund manager already owns a near-30 per cent stake in the company
  
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• George Clooney's advice to actors who think their jobs are tough

  17-12-2020 08:27 via ibtimes.co.uk
  
  The father-of-two thinks acting is nothing compared to the non-acting jobs he has done in the past.
  
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• Barcelona knocks Real Sociedad off the top spot in La Liga

  17-12-2020 07:42 via ibtimes.co.uk
  
  Real Sociedad was overtaken by Atletico Madrid at the top of the La Liga table.
  
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• 'Little People, Big World' star Jacob Roloff accuses producer of sexual abuse; TLC reacts

  17-12-2020 07:38 via ibtimes.co.uk
  
  Roloff noted that "all fault lies with the predator" and "no fault lies with any of my family members."
  
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• George Clooney, other celebrities defend Tom Cruise after COVID-19 tirade

  17-12-2020 07:33 via ibtimes.co.uk
  
  George Clooney said Tom Cruise did not overact when he ranted about the seriousness of COVID-19.
  
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• Boeing hires its own pilots to smooth return of 737

  17-12-2020 06:44 via bbc.co.uk
  
  The 737 Max plane was grounded worldwide last year following two deadly crashes that killed 346 people.
  
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• The UK will now count the cost of Brexit sovereignty

  17-12-2020 06:00
  Boris Johnson’s government is about to exchange real power for a chimera
  
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• Can consumers really lead the economy out of recession?

  17-12-2020 06:00
  The better-off have seen savings soar, but poor households are often struggling with debt
  
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• Europe pushes for vaccine rollout, US deaths hit new peak

  17-12-2020 05:44 via ibtimes.co.uk
  
  Pressure has been mounting on the European Union since Britain and the US started their immunisation programmes, using a vaccine developed by Pfizer and BioNTech.
  
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• Liam Payne says Jesy Nelson 'Zayn'd out' of Little Mix

  17-12-2020 05:30 via ibtimes.co.uk
  
  Liam Payne said Zayn Malik left One Direction for the same reason that Jesy Nelson left "Little Mix."
  
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• Ellen DeGeneres shares health update amid COVID-19 battle

  17-12-2020 05:20 via ibtimes.co.uk
  
  Ellen DeGeneres says she is doing good after testing positive for COVID-19.
  
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• Brexit stockpiling triggers cross-Channel freight crunch

  17-12-2020 05:00
  Delays caused by pre-Christmas rush and race to beat introduction of new UK-EU border
  
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• Bitcoin hits all-time high rising above $20,000

  17-12-2020 04:37 via bbc.co.uk
  
  The virtual currency has gained more than 170% this year amid stock market turmoil during the pandemic.
  
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