Image copyright Getty Images Bayer plans to sell brands including Dr Scholl’s foot care and Coppertone sunscreen in a cost-cutting drive that includes about 12,000 job cuts following its takeover of Monsanto. The cuts will account for about one in ten workers globally, with a “significant number” going in Germany. Bayer also plans to sell …
Image caption Production of the Land Rover Discovery SUV will move from the West Midlands to Slovakia next year About 200 jobs will be cut when car manufacturer Jaguar Land Rover (JLR) moves production to Slovakia, the BBC understands. The firm announced in June it planned to move production of its Land Rover Discovery SUV …
BBC Radio 5 Live Breakfast has been speaking to small businesses, asking how they’re feeling in the run up to the Parliamentary vote on the Brexit withdrawal agreement. Every morning between 07:30-08:00, Nicky Campbell is taking calls from listeners across the UK, while Rachel Burden reflects the debate on social media using #BrexitBarometer. Source by …
Image copyright Getty Images Shares in the owner of shopping centres including Lakeside and the Trafford Centre have plunged after a £2.8bn takeover bid was abandoned. The consortium bidding for Intu Properties blamed economic uncertainty and market volatility for walking away. It was led by the Peel Group and included Saudi Arabian firm Olayan and …
Image copyright PA The rail regulator has ordered Network Rail, which manages tracks and other infrastructure, to improve its performance The Office of Rail and Road (ORR) said punctuality and reliability on the UK’s rail network were at their worst for five years. If Network Rail fails to comply with the ORR’s demands it could …
A letting agency has been demanding hundreds of pounds in payment before prospective tenants are allowed to view properties for rent, the BBC’s Victoria Derbyshire programme has found. The practice, by Flintons, breaches guidelines and could be unlawful. Magdiele, Mariely and a friend said they were told they had to pay £300 each before they …
Image copyright Chris Harvey Image caption Phyllis Harvey died nearly two years ago at the age of 88 A church treasurer said she was shocked by the extortionate cost of her mother’s funeral – and immediately saved hundreds of pounds by searching for a better price. Chris Harvey said she was quoted more than £4,000, …
Image copyright Reuters The Frankfurt headquarters of Deutsche Bank have been raided by prosecutors in a money laundering investigation. Germany’s public prosecutor alleged that two staff members have helped clients launder money from criminal activities. Police cars were seen outside the tower blocks that house the headquarters of Germany’s biggest bank. Other Deutsche offices in …
Image copyright Videoslots Three online casino companies have been fined and one has been prevented from operating in the UK following a crackdown by the industry regulator. The Gambling Commission has fined three firms almost £14m for not having “effective safeguards” to prevent money laundering and harm to customers from gambling. Daub Alderney is to …
Image copyright AFP The chief executive of consumer goods giant Unilever, Paul Polman, will retire at the end of this year. Mr Polman, 62, has run the Marmite and Dove soap maker for the past decade. The move comes less than two months after his plan to change Unilever’s structure was scrapped in the wake …