Business news

• Crypto firm Coinbase valued at more than oil giant BP

  14-04-2021 22:41 via bbc.co.uk
  
  Coinbase, which runs a leading trading platform for Bitcoin, hit nearly $100bn in its stock market listing, before slipping.
  
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• Asda to axe 1,200 bakery jobs as shoppers shun loaves

  14-04-2021 19:54 via bbc.co.uk
  
  The supermarket giant says customers have swapped traditional loaves for speciality breads and wraps.
  
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• Hundreds lose job in British Gas contracts row

  14-04-2021 19:49 via bbc.co.uk
  
  Almost 500 engineers have been let go after they refused to sign new contracts forcing them to work more hours.
  
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• Greensill exposes UK’s lobbying problem

  14-04-2021 19:16
  Collapse of supply chain finance company is raising questions for the civil service too
  
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• Bernie Madoff: Disgraced financier dies in prison

  14-04-2021 18:48 via bbc.co.uk
  
  Bernie Madoff admitted he had conned investors out of billions of dollars in a Ponzi scheme.
  
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• UK labour productivity rose during pandemic, official figures show

  14-04-2021 18:37
  Lockdown measures tended to close down less productive businesses, Office for National Statistics says
  
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• Pound cools against dollar and euro as Covid vaccines boost wears off

  14-04-2021 18:20
  Sterling slips after posting sharp gains early in 2021
  
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• Scottish Greens demand independence referendum in Holyrood manifesto

  14-04-2021 17:11
  Party pledges to back SNP’s push to leave the UK if it retains balance of power in Edinburgh parliament
  
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• Sainsbury's recalls Medjool dates over Hepatitis A fears

  14-04-2021 16:51 via bbc.co.uk
  
  The supermarket is recalling its 'Taste the Difference' Medjool dates amid fears they are contaminated.
  
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• Aerospace industry warns of supply crunch from crisis at Liberty Steel

  14-04-2021 15:41
  Industry body steps up pressure on UK government to help plants caught up in Sanjeev Gupta crisis
  
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• Secondary fundraising: the facts – moving from seed to Series A

  14-04-2021 15:01 via s17026.pcdn.co
  
  Originally written by Jeevan Sunner on Growth Business
  The fact is that only 19 per cent of seed companies go on to successfully raise Series A secondary fundraising. What’s the one factor that can significantly improve your chances by sending a positive signal to the market? That your original investors following on in subsequent rounds. It makes sense — one would assume that
  
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• 'Employers ignore you if they can't pronounce your surname'

  14-04-2021 14:43 via bbc.co.uk
  
  Young black people are three times more likely to be out of work than white peers, research shows.
  
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• Foxtons faces investor backlash over boss's bonus

  14-04-2021 13:52 via bbc.co.uk
  
  The estate agency is rewarding Nic Budden despite taking £7m in Covid support from the state.
  
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• Covid test firm cuts price amid criticism over cost

  14-04-2021 13:41 via bbc.co.uk
  
  Travel trade group Abta warns that the cost of testing is still a "significant restriction" for people.
  
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• CEO Secrets: 'Taking risks is how we found our edge'

  14-04-2021 13:41 via bbc.co.uk
  
  Public relations firm boss George James thought clients would be put off by his youth but turned his weakness into a strength.
  
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• Heathrow says airport queues are becoming 'untenable'

  14-04-2021 13:02 via bbc.co.uk
  
  The airport says some travellers are facing waits of up to six hours.
  
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• Arsenal completes key piece of business ahead of summer transfer window

  14-04-2021 12:08 via ibtimes.co.uk
  
  Arsenal has been in talks with Folarin Balogun for a number of months and have fended off interest from clubs in England and abroad.
  
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• Prince Harry is worried about leaving pregnant Meghan behind for Prince Philip's funeral

  14-04-2021 10:45 via ibtimes.co.uk
  
  This is possibly the first time Harry and Meghan will be apart for this long since their wedding in May 2018.
  
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• Prince Philip Funeral: F1 reschedules Imola GP qualifying and practice

  14-04-2021 10:40 via ibtimes.co.uk
  
  Formula 1 and the FIA have rescheduled qualifying and practice times as a mark of respect for the funeral of His Royal Highness Prince Philip, Duke of Edinburgh.
  
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• Easyjet ready to 'ramp up' for summer holidays

  14-04-2021 10:40 via bbc.co.uk
  
  Airline says it is ready to scale operations according to demand, although it expects steep losses.
  
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• Tesco counts cost of Covid trading as profits drop

  14-04-2021 10:38 via bbc.co.uk
  
  The UK's largest supermarket saw full-year sales soar but the pandemic hit its bottom line.
  
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• Liverpool vs Real Madrid: Klopp sends apology for 'training ground' remarks

  14-04-2021 10:37 via ibtimes.co.uk
  
  The Liverpool manager criticised Real Madrid's Alfredo Di Stefano Stadium when they visited last week.
  
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• How William and Kate revealed Prince Philip's death to their kids, who won't attend the funeral

  14-04-2021 10:09 via ibtimes.co.uk
  
  The children of the Duke and Duchess of Cambridge, particularly George and Charlotte, are "very upset."
  
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• Queen Elizabeth II 'to sit on her own' during Prince Philip's funeral

  14-04-2021 09:54 via ibtimes.co.uk
  
  The only person eligible by law to sit beside Her Majesty The Queen is the duke's private secretary Brigadier Archie Miller-Bakewell.
  
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• O2-Virgin Media £31bn merger cleared by UK competition watchdog

  14-04-2021 09:50
  Telecoms deal agreed last year judged unlikely to lead to higher prices
  
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• Defending champions Bayern Munich crash out of Champions League

  14-04-2021 09:47 via ibtimes.co.uk
  
  Paris Saint-Germain advance on away goals.
  
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• Ashley Benson and G-Eazy are hanging out together months after breakup

  14-04-2021 09:14 via ibtimes.co.uk
  
  The exes reportedly got in touch with each other in March after a breakup that "didn't end well."
  
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• British Land buys up retail parks and warehouses in diversification push

  14-04-2021 09:13
  UK property group seeks to move away from dependence on offices and city centre shops
  
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• Indian woman demands Prince Harry's arrest for not fulfilling his promise to marry her

  14-04-2021 09:08 via ibtimes.co.uk
  
  The woman said she even sent messages to Prince Charles to complain about his son.
  
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• Chelsea manager wants to face Real Madrid in Champions League semi-finals

  14-04-2021 08:50 via ibtimes.co.uk
  
  Thomas Tuchel says he wants Real Madrid to defeat Liverpool in the other quarter-final match.
  
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• James Dyson says Brexit has given him 'freedom'

  14-04-2021 08:39 via bbc.co.uk
  
  Sir James Dyson defends moving his firm's headquarters to Singapore and says Dyson is a British firm.
  
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• William and Harry to meet at Prince Philip's funeral; but will 'put their differences' aside

  14-04-2021 08:06 via ibtimes.co.uk
  
  Kate Middleton could potentially act as a peacemaker between her husband and her brother-in-law at the funeral.
  
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• Jennifer Aniston baby plans: 'Friends' star responds to adoption news

  14-04-2021 07:46 via ibtimes.co.uk
  
  Jennifer Aniston is not in the process of adopting a baby girl from an orphanage.
  
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• Toshiba president steps down amid $20bn buyout bid

  14-04-2021 07:30 via bbc.co.uk
  
  Nobuaki Kurumatani is leaving after the firm received an offer from his former employer, CVC.
  
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• NZ to launch world-first climate change rules

  14-04-2021 07:21 via bbc.co.uk
  
  New Zealand wants it financial firms to be more upfront about climate risks when investing and lending.
  
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• 'Bridgerton' producer Shonda Rhimes reacts to fans mourning Regé-Jean Page's exit

  14-04-2021 06:02 via ibtimes.co.uk
  
  "Like, we didn't kill him, he's still alive," Shonda Rhimes said of Regé-Jean Page's "Bridgerton" character.
  
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• How can I reduce the tax on my pension?

  14-04-2021 06:00
  My Sipp is worth almost £600,000 and I am worried I will breach the lifetime allowance
  
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• Prince Philip looks incredibly similar to grandson Prince Harry in this vintage cover

  14-04-2021 05:50 via ibtimes.co.uk
  
  The picture was clicked when Prince Philip was 35 years old, a few months younger than Harry is now.
  
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• Queen Elizabeth II returns to royal duties after Prince Philip's death

  14-04-2021 05:40 via ibtimes.co.uk
  
  Her Majesty the Queen hosted a private retirement ceremony for one of her senior aides.
  
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• Olympics 'difficult' after virus spikes, Japan medical group warns

  14-04-2021 05:34 via ibtimes.co.uk
  
  The comments come as Tokyo marks 100 days until the virus-postponed 2020 Olympics open on July 23.
  
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• Facebook oversight panel will now review takedown requests

  14-04-2021 05:04 via ibtimes.co.uk
  
  As part of the new process, the panel will establish procedures including privacy protections for users seeking takedown requests.
  
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• Covid patients with sedentary habits more likely to die: study

  14-04-2021 04:43 via ibtimes.co.uk
  
  They were also 73 percent more likely to require intensive care, and 2.5 times more likely to die due to the infection.
  
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• US pauses J&J vaccine in blow to global immunization drive

  14-04-2021 04:35 via ibtimes.co.uk
  
  India -- which is experiencing a record surge in cases -- was given a boost as it authorized Russia's Sputnik V Covid-19 drug.
  
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• 'Immunised' Muslim pilgrims in Mecca as Ramadan begins

  14-04-2021 04:12 via ibtimes.co.uk
  
  Saudi Arabia has reported more than 400,000 coronavirus infections and 6,700 deaths from Covid-19.
  
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• The student loan bubble 'is going to burst'

  14-04-2021 01:26 via bbc.co.uk
  
  Cancelling student debt was once a fringe idea in the US, but it's become increasingly mainstream.
  
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• Rightmove says Cornwall's Newquay is hottest UK property market

  14-04-2021 01:09 via bbc.co.uk
  
  Online property portal says the Cornish surfing town is the place where properties sell fastest.
  
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• Young black people three times more likely to be unemployed than white peers

  14-04-2021 01:08 via bbc.co.uk
  
  Young black people are three times more likely to be out of work than white peers, research shows.
  
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