Business news

• Scotland able to borrow £300m more a year to fight Covid

  28-01-2021 20:32
  Move comes after forecasts of sharp contraction in output this quarter meet ‘economic shock’ criteria
  
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• The battle is under way to save the UK union

  28-01-2021 19:31
  Support for Scotland’s independence poses threat to 313-year tie-up
  
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• EU opens competition investigation into Cadbury owner

  28-01-2021 19:02 via bbc.co.uk
  
  Brussels regulators are concerned that Mondelez fixed prices in EU countries.
  
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• UK ministers rethink plans to rip up EU regulations

  28-01-2021 18:15
  Business secretary cancels post-Brexit review of worker’s rights after Labour opposition
  
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• Cladding crisis: 'I was a first-time buyer at 27, and bankrupt at 28'

  28-01-2021 18:02 via bbc.co.uk
  
  How the cladding crisis forced a first-time home buyer into bankruptcy within a year.
  
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• US contractor seeking £100m from HS2 over lost tender

  28-01-2021 16:27
  Bechtel says Balfour Beatty-led consortium was awarded £1.3bn contract despite ‘lacking understanding of requirements’
  
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• GameStop: What is it and why is it trending?

  28-01-2021 16:22 via bbc.co.uk
  
  Don't worry, you don't need to be a financial genius to get this classic David and Goliath tale.
  
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• Employment rights review scrapped by business secretary

  28-01-2021 16:17 via bbc.co.uk
  
  Business Secretary Kwasi Kwarteng says a post-Brexit review of workers' rights will not go ahead.
  
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• US economic decline not as bad as feared

  28-01-2021 16:13 via bbc.co.uk
  
  But the 3.5% fall in 2020 still marked the sharpest contraction since the 1940s, the US Commerce Department said.
  
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• 33 fastest-growing tech start-ups in Britain in 2021 – are you one of them?

  28-01-2021 16:04 via s17026.pcdn.co
  
  Originally written by Timothy Adler on Growth Business
  Tech Nation, the technology scale-up community, has announced its latest cohort of its Upscale programme, 33 of the fastest-growing UK tech start-ups. This year’s cohort is heavily skewed towards healthtech companies, representing 18 per cent of the total. The UK is now third in the world for healthtech investment after the US and China, and
  
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• Will UK skills crisis be fixed by vocational education plan?

  28-01-2021 16:00
  White paper vows to put employers ‘at the heart’ of system but critics believe it will struggle to undo decades of neglect
  
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• Paperchase rescue safeguards 1,000 jobs

  28-01-2021 14:52 via bbc.co.uk
  
  The stationery chain is bought out of administration in a deal rescuing up to 90 of its 127 stores.
  
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• Budget 2021: What is it and when will it happen?

  28-01-2021 14:33 via bbc.co.uk
  
  The Budget - when is it, what does it do and what should we expect to hear from the chancellor?
  
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• UK start-up convertible loan scheme tops £1bn as deadline nears

  28-01-2021 13:49
  Government initiative could see it taking stakes in scores of companies at next fundraising unless money is repaid
  
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• State takes stakes in UK start-ups under £1bn convertible loan scheme

  28-01-2021 13:49
  Future Fund could make Treasury one of biggest backers of such fast-growing British companies
  
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• Car insurance cover extended during lockdown

  28-01-2021 13:24 via bbc.co.uk
  
  The extension covers drivers who are having to use their car to get to work owing to Covid restrictions.
  
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• Coronavirus: EU and AstraZeneca seek to resolve vaccine supply crisis

  28-01-2021 12:27 via bbc.co.uk
  
  Both sides pledge to work together after a reported 50 million-dose shortfall for the 27-member EU.
  
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• Why are Netflix hit originals 'The Crown' and 'Bridgerton' feuding

  28-01-2021 11:29 via ibtimes.co.uk
  
  "Bridgerton," which is based on Julia Quinn's novels of the same name, recently became Netflix's biggest show ever.
  
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• UK cancels post-Brexit review of workers’ rights after protests

  28-01-2021 11:18
  Trade unions and opposition MPs said changes would result in lower pay, longer hours and less family time
  
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• Meghan Markle's constant 'support' through her 'personal trials' in 2020

  28-01-2021 11:15 via ibtimes.co.uk
  
  Meghan Markle along with her husband Prince Harry and son Archie moved to Santa Barbara, California last year.
  
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• Four family members die of Covid-19 after leaving 10-month isolation for Christmas party

  28-01-2021 10:59 via ibtimes.co.uk
  
  The wife of one of the deceased is blaming UK Prime Minister Boris Johnson for allowing families to meet during the holidays.
  
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• Kristen Stewart looks like Princess Diana's doppelganger in first images from 'Spencer'

  28-01-2021 10:07 via ibtimes.co.uk
  
  The film, written by "Peaky Blinders" creator Steven Knight, follows three days in the life of Princess Diana.
  
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• TikTok cosmetician uses erection cream to plump up lips but doctors are frowning on it

  28-01-2021 09:56 via ibtimes.co.uk
  
  A doctor said that those who use an erection cream on their lips can suffer from an allergic reaction such as stinging, blisters, and uncomfortable swelling.
  
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• Larry King did not die from COVID-19, says wife Shawn King

  28-01-2021 09:49 via ibtimes.co.uk
  
  Shawn King revealed that Larry King was able to beat COVID-19 while in the hospital.
  
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• Walmart stabbing: Four teenage girls livestream horrific murder of 15-year-old

  28-01-2021 09:35 via ibtimes.co.uk
  
  The suspects, aged 12-14, were seen on social media bragging about killing the victim.
  
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• 'Good Morning America' host Michael Strahan tests positive for COVID-19

  28-01-2021 08:59 via ibtimes.co.uk
  
  Michael Strahan is taking precautions and is in quarantine following his COVID-19 diagnosis.
  
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• UK car production slumps to lowest level since 1984

  28-01-2021 08:52 via bbc.co.uk
  
  Output tumbled almost 30% last year as Covid forced factory closures and a fall in consumer demand.
  
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• Royal family documentary banned by the Queen resurface on YouTube

  28-01-2021 08:49 via ibtimes.co.uk
  
  The film was eventually forgotten but gained renewed interest last year after an episode of season three of the hit Netflix series "The Crown" focused on it.
  
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• 'Lucifer' showrunner talks Amenadiel's arc in season 5B

  28-01-2021 08:31 via ibtimes.co.uk
  
  Amenadiel and Lucifer will be at odds with each other on how they see their father's arrival on Earth.
  
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• China rolls out anal swab tests for high-risk COVID-19 cases

  28-01-2021 08:24 via ibtimes.co.uk
  
  The new COVID-19 test involves a cotton-tipped swab, which is inserted about one to two inches into the rectum.
  
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• Brazil's Covid-19 response worst, New Zealand's best: study

  28-01-2021 07:45 via ibtimes.co.uk
  
  Overall, cases have now topped 100 million worldwide and some 2.2 million people have died from the virus since the outbreak began in December 2019.
  
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• Halsey is pregnant: see her baby bump

  28-01-2021 07:31 via ibtimes.co.uk
  
  Halsey is pregnant with her first child with Turkish boyfriend Alev Aydin.
  
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• Australian Open: tennis stars set to be released from quarantine

  28-01-2021 07:10 via ibtimes.co.uk
  
  The mandatory two-week quarantine period is about to come to an end amid mixed sentiments from players.
  
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• Truck unleashes thousands of angry bees on Texas highway after accident

  28-01-2021 06:59 via ibtimes.co.uk
  
  There were 400 hives in the truck and each of the hives carries approximately 20,000 to 25,000 stinging insects.
  
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• Is FC Barcelona bankrupt? Details of the club's financial crisis

  28-01-2021 06:46 via ibtimes.co.uk
  
  FC Barcelona had to resort to pay cuts across the organisation since the later part of 2020.
  
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• Frenchman cuts nose, upper lip, ears to look like a real-life black alien

  28-01-2021 06:35 via ibtimes.co.uk
  
  The "black alien" admits that he had speech difficulties after his lip-removal operation, which exposed his upper teeth.
  
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• Cairn Energy threatens to seize Indian government assets

  28-01-2021 06:26 via bbc.co.uk
  
  The firm could take planes and ships from the Indian government after winning a $1.2bn legal dispute.
  
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• Real Madrid at risk of losing captain Sergio Ramos, contract talks on standstill

  28-01-2021 05:01 via ibtimes.co.uk
  
  Ramos will be out of contract by the end of the current season.
  
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• UK’s small businesses struggle with Brexit red tape and costs

  28-01-2021 05:00
  Many companies forced to shift operations to EU or risk sliding profits and lost sales
  
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• UK’s small businesses struggle with Brexit red tape

  28-01-2021 05:00
  Many companies forced to shift operations to EU or risk sliding profits and lost sales
  
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• Trump impeachment 2021: Ex-POTUS acquittal very likely

  28-01-2021 03:46 via ibtimes.co.uk
  
  A censure resolution against Trump is being planned by Senator Kaine
  
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• Biden says US will lead way on 'existential' climate crisis

  28-01-2021 03:32 via ibtimes.co.uk
  
  Environmentalists have called for the US to set a goal of reducing 2030 emissions by up to 50 percent compared to 2005.
  
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• Global stocks retreat as virus concerns mount

  28-01-2021 03:15 via ibtimes.co.uk
  
  On Wednesday, daily global deaths from Covid-19 topped 18,000 for the first time.
  
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• Tesla reports record deliveries but shares slide

  28-01-2021 01:24 via bbc.co.uk
  
  The firm delivers record number of vehicles in its fourth quarter, but profits disappoint investors.
  
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• The pilots forced to change career completely

  28-01-2021 01:09 via bbc.co.uk
  
  With airlines grounded due to Covid, we speak to three former pilots who have left the industry.
  
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• England lockdown starts to suppress Covid-19, study suggests

  28-01-2021 01:09
  Imperial College London data show rate of infection close to stable or falling slightly
  
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• UK holiday boom: Bookings 'coming in thick and fast'

  28-01-2021 01:05 via bbc.co.uk
  
  With new hotel quarantine rules for arrivals from abroad, many people are seeking UK holidays instead.
  
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• UK carmakers braced for more job losses after worst year since 1984

  28-01-2021 01:04
  The 10,000 roles lost in 2020 were tip of ‘iceberg’, trade body warns
  
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• Apple Christmas sales surge to $111bn amid pandemic

  28-01-2021 00:29 via bbc.co.uk
  
  Families loaded up on the latest technology and sales increased in China.
  
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