Business news

• OECD: Lockdowns here to stay, even with vaccine plan

  08-01-2021 23:30 via bbc.co.uk
  
  The economic think-tank tips a better economy in 2021 but success will depend on the vaccine rollout.
  
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• Lockdown lessons: The firms adapting and thriving

  08-01-2021 23:29 via bbc.co.uk
  
  Three small businesses explain how they have adapted to cope with the pandemic over the past year.
  
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• Brexit: M&S temporarily cuts hundreds of products in NI

  08-01-2021 22:27 via bbc.co.uk
  
  Criticism of new Brexit trade rules is growing as firms warn of more bureaucracy, higher costs and delays.
  
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• City of London stumbles through first week of Brexit

  08-01-2021 22:00
  Deal struck with EU largely excluded financial services, with consequences for firms
  
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• EU shipment disruption hits Scottish seafood sector

  08-01-2021 20:43
  Industry warns of risk of business collapses and asks for government help
  
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• Kwasi Kwarteng appointed UK business secretary

  08-01-2021 20:03
  His predecessor Alok Sharma will focus on role as president of COP26 climate talks
  
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• US hit as jobs fall for first time since April

  08-01-2021 17:14 via bbc.co.uk
  
  The US economy lost 140,000 jobs in December, as rising coronavirus cases took a toll.
  
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• Renters: Eviction bans in England and Wales are extended

  08-01-2021 16:57 via bbc.co.uk
  
  Councils will also be given extra funding to accommodate rough sleepers, ministers announce.
  
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• Lockdown fashion: 'People are back in their pyjamas'

  08-01-2021 16:40 via bbc.co.uk
  
  Marks & Spencer's clothes sales overall fall nearly a quarter, but pyjamas are back in fashion.
  
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• NS&I rate cut drives savers into investments

  08-01-2021 16:01
  Government-backed provider latest to join the race to the bottom for savings rates
  
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• BA Holidays reverses decision to continue sales

  08-01-2021 15:54 via bbc.co.uk
  
  Despite the UK in lockdown, and other tour firms halting sales, the company had said it would still sell holidays.
  
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• Covid-19: Travellers to UK will need to show negative test result

  08-01-2021 14:51 via bbc.co.uk
  
  International travellers will have to take a Covid test up to 72 hours before departing.
  
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• Google Chrome browser privacy plan investigated in UK

  08-01-2021 12:38 via bbc.co.uk
  
  The Competition and Markets Authority will explore whether Google is abusing its market dominance.
  
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• UK house price growth slows as end of stamp duty holiday nears

  08-01-2021 11:56
  Halifax survey for December suggests sector’s ‘party is winding down’
  
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• Why did Ofcom receive hundreds of complaints over this video about Queen Elizabeth II

  08-01-2021 11:31 via ibtimes.co.uk
  
  The video also showed the CGI version of the queen practising dance moves for social media site TikTok.
  
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• Aston Villa vs Liverpool hit by COVID-19 crisis, youth players to the rescue

  08-01-2021 11:20 via ibtimes.co.uk
  
  If the FA Cup fixture pushes through, Aston Villa's first team squad won't be available due to numerous COVID-19 cases.
  
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• Deals of the Week, January 1 to 8 – Growth Business roundup

  08-01-2021 11:10 via growthbusiness.co.uk
  
  Originally written by Rory Bennett on Growth Business
  Genius makes another acquisition to continue offering expansion Genius Group, an entrepreneur education group, has agreed to buy South Africa-based E-Square Education group. The agreement is the latest in a series of acquisitions by Genius Group and its second in South Africa, after it acquired Tau Game Lodge, a luxury safari lodge and conference centre
  
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• Global Ventures raising second $50m fund targeting healthcare

  08-01-2021 10:49 via growthbusiness.co.uk
  
  Originally written by Timothy Adler on Growth Business
  EXCLUSIVE: Global Ventures, the UAE-based venture capital firm, is raising a second fund in excess of $50m to back Middle East start-ups with global ambition. The venture capitalist, whose original $50m fund has already been deployed, is especially looking for start-ups in digital health. These could be both UAE-based tech start-ups with ambitions to eventually
  
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• COVID-19 recovered patients may enjoy immunity for up to eight months, study suggests

  08-01-2021 10:24 via ibtimes.co.uk
  
  The study found that memory B cells, those responsible for creating a blueprint on how to fight the virus, were much higher at eight months after recovery.
  
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• Soaring house prices in 2020 likely to slow this year, says Halifax

  08-01-2021 10:22 via bbc.co.uk
  
  The lender says it expects "downward pressure on house prices" in 2021 following annual rise of 6% last year.
  
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• Asos to create 2,000 jobs at new Lichfield centre

  08-01-2021 09:56 via bbc.co.uk
  
  The site in Lichfield will employ 2,000 people over the next three years, the fashion group says.
  
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• 'The Ellen DeGeneres Show' to resume production amid COVID-19 spike in LA

  08-01-2021 09:49 via ibtimes.co.uk
  
  The show will only allow "a skeleton staff and crew" to ensure safety during production.
  
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• Prince Albert of Monaco wants Donald Trump to be 'held accountable' for spurring Capitol riots

  08-01-2021 09:41 via ibtimes.co.uk
  
  The royal said that while his immediate reaction to the riots was "shock" and "disbelief," it quickly turned into "disgust."
  
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• Amber Heard failed to donate $7M divorce settlement to pledged charities

  08-01-2021 09:29 via ibtimes.co.uk
  
  The actress has yet to complete her charity donations and blames Johnny Depp's defamation case for the hold up.
  
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• Elon Musk now world's richest man, overtaking Amazon's Jeff Bezos

  08-01-2021 09:18 via ibtimes.co.uk
  
  The wealth of Elon Musk has exceeded that of Jeff Bezos by $10 billion, which led him to grab the title of the "world's richest man."
  
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• Karlie Kloss 'tried' to persuade in-laws Ivanka Trump, Jared Kushner to accept defeat

  08-01-2021 09:09 via ibtimes.co.uk
  
  Karlie Kloss is married to Joshua Kushner, younger brother of Ivanka's husband Jared Kushner.
  
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• Woman with COVID-19 dies after giving birth to sixth child

  08-01-2021 09:03 via ibtimes.co.uk
  
  The 30-year-old California mom left behind six young children, with her eldest only 11 years old.
  
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• True love on Tinder? Study says long-term relationships can arise from the dating app

  08-01-2021 08:50 via ibtimes.co.uk
  
  Dating apps may not be such a bad idea for men and women who are hoping to find their long-term partners.
  
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• 'Cobra Kai' EP teases Aisha's return after season 3 absence

  08-01-2021 08:22 via ibtimes.co.uk
  
  Fan-favourite character Aisha is returning to "Cobra Kai" according to executive producer Hayden Schlossberg.
  
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• Prince Harry, Meghan Markle 'don't regret' Megxit'; hope 2021 can be 'time of healing'

  08-01-2021 08:17 via ibtimes.co.uk
  
  A source said that the prince will eventually make amends with his brother Prince William.
  
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• Shia LaBeouf, Margaret Qualley split amid FKA twigs abuse claims

  08-01-2021 08:06 via ibtimes.co.uk
  
  Shia LaBeouf and Margaret Qualley split following "backlash" over their relationship.
  
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• Hyundai's confusion over Apple electric car tie-up

  08-01-2021 07:50 via bbc.co.uk
  
  The Korean car company originally said it was in talks with the tech titan before backtracking.
  
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• Sergio Ramos rejects Real Madrid contract extension, is he heading to PSG?

  08-01-2021 07:39 via ibtimes.co.uk
  
  The Real Madrid captain's current contract expires in June 2021.
  
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• Inheritance tax refunds surge

  08-01-2021 06:00
  Repayments up by 66 per cent in the past year of stock market volatility
  
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• Inheritance tax refunds on portfolio and property losses rise

  08-01-2021 06:00
  Wealthy families making more use of little-known rules
  
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• Covid: England and Scotland arrivals will need negative test result

  08-01-2021 05:48 via bbc.co.uk
  
  International travellers will have to take a Covid test up to 72 hours before departing for the nations.
  
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• Facebook bans Trump 'indefinitely' for inciting violence

  08-01-2021 05:45 via ibtimes.co.uk
  
  Critics of the online platforms argued they moved too slowly as Wednesday's violence was organized on social media, directing their ire at Zuckerberg and Twitter CEO Jack Dorsey.
  
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• The ex-cop behind China's largest gay dating app

  08-01-2021 05:32 via ibtimes.co.uk
  
  The app today says it has more than 58 million users in China and countries including India, Korea and Thailand.
  
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• France plans mass duck slaughter as bird flu hits foie gras

  08-01-2021 05:18 via ibtimes.co.uk
  
  Besides France and Belgium, the Netherlands, Sweden, Britain and Ireland have also reported bird flu outbreaks since the winter began.
  
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• Brexit: Problems grow at UK ports with backlogs and delays

  08-01-2021 05:06 via bbc.co.uk
  
  Many retailers believe they will be paying taxes on exports of goods that are not fully made in Britain.
  
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• Why UK pledge to become ‘Saudi Arabia’ of wind power rings hollow

  08-01-2021 05:00
  Despite being a world leader in offshore wind farms, Britain is yet to enjoy a manufacturing and jobs boom
  
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• UK fintech review to propose changes to visa and listing rules

  08-01-2021 05:00
  Government has identified buoyant sector as a priority following Brexit
  
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• Trump finally promises transition as calls mount to remove him

  08-01-2021 04:59 via ibtimes.co.uk
  
  Bipartisan anger was brewing over the failure of law enforcement to prevent the mobs from entering Congress.
  
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• Apple and Hyundai in talks over electric car tie-up

  08-01-2021 04:04 via bbc.co.uk
  
  The US tech titan and the Korean car company are in "early stage" of developing vehicles together.
  
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• Boeing to pay $2.5bn over 737 Max conspiracy

  08-01-2021 01:29 via bbc.co.uk
  
  The firm is to pay $2.5bn to settle US criminal charges over the 737 Max aircraft conspiracy.
  
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• Greener planes of the future... or just pretty plans?

  08-01-2021 01:06 via bbc.co.uk
  
  The aerospace industry is testing models of radical looking aircraft, but will they ever make it into production?
  
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• UK ‘gigabit’ broadband rollout under fire from MPs

  08-01-2021 01:03
  Warning that strategy will result in rural internet users suffering slow speeds for years
  
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• Travellers to England face compulsory Covid checks

  08-01-2021 01:01
  Proof of negative test result from within 72 hours of journey will be needed
  
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• Food waste: 'I'll have to throw away £6,000-worth of milk'

  08-01-2021 01:01 via bbc.co.uk
  
  While restaurants and shops have been given tax breaks, firms that supply them fear for the future.
  
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• Employment: Temporary jobs for UK workers 'surge in December'

  08-01-2021 01:01 via bbc.co.uk
  
  But firms may be hesitant to take on permanent staff during the Covid crisis, new research suggests.
  
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