Image caption The shipyard will close within the next five months A shipyard is to shut despite its owner being offered a £60m contract by the MoD. Staff at Appledore Shipyard in Devon have been told by owner Babcock that it will close by the end of March 2019. The company recently lost a contract …
Image copyright Reuters Homeowners are staying put during a time of economic uncertainty – leading to less demand for property and slowing house price growth, a survey has said. UK house prices rose at their slowest annual rate more than five years in October, increasing by 1.6%, according to the Nationwide Building Society. Prices were …
Image copyright Jack Alford Image caption The crisis comes in a climate during which several high street retailers have fallen into administration More than 200 UK shopping centres are in danger of falling into administration, experts are warning. Analyst Nelson Blackley said the demise of “major anchor stores” such as BHS and Toys R Us, …
Image copyright Shell Royal Dutch Shell’s profits surged by 37% in the third quarter of the year on the back of rising oil prices. The Anglo-Dutch giant said earnings excluding one-off items on a current cost of supply measure (CCS), which strips out price fluctuations, hit $5.6bn (£4.3bn) from $4.1bn last year. Rising oil and …
A robot attached to your body, designed to help with communication and teach new skills, has been created by Keio University and the University of Tokyo. The operator of the Fusion bot, who can be located in a different country, uses a virtual reality headset and controllers to move the bot. By sharing the wearer’s …
Image copyright Anthropologie/Tara Burke Image caption Anthropologie has apologised after artist Tara Burke highlighted on Instagram that her work (right) had been copied by the retailer US fashion and homewares giant Anthropologie has apologised after it copied an artist’s designs and mass-produced her work without permission. Tara Burke, a ceramicist based in Sydney, Australia, called …
Image copyright Getty Images Brace, brace. The latest changes to Ryanair’s baggage policies take effect today, meaning passengers who want to take anything more than a small bag on board must pay for the privilege. Only those paying £6/€6 for priority boarding will be able to take a small suitcase of up to 10kg in …
Image copyright Getty Images Sick leave and pay should be more flexible, so people with poor mental health can avoid severe financial hardship, a charity has said. The Money and Mental Health Policy Institute said preventative, part-time sick leave would help those facing mental health difficulties. Greater access to insurance products could protect the income …
Image copyright Getty Images Sterling has jumped by as much as 0.6% against the US dollar amid reports the UK has struck a deal with the EU on post-Brexit financial services. The Times newspaper said London had agreed in negotiations with Brussels to give UK financial services firms continued access to the bloc. Sources said …
Image copyright Getty Images Image caption Robots on building sites could become common as firms look to replace their ageing workforces Shinichi Sakamoto is 57, and works for Shimizu, one of Japan’s biggest construction companies. He is part of a greying, and dwindling, workforce. “The thing is, statistics show a third of [Japanese construction] labourers …