Media playback is unsupported on your device Media captionWATCH: Dave Lee tries out Facebook’s Portal+ Facebook is launching two video call machines for the home in the midst of its latest data breach scandal. The Portal products automatically zoom in on users and follow them as they move, to offer a superior experience to existing …
Image copyright Tesco Tesco is removing “best before” dates from another 116 fruit and vegetable products in a move the supermarket says will help consumers cut food waste. In May, the UK’s biggest grocer successfully trialled removing labels from 70 pre-packaged fresh food lines. Among the produce being added to the list are apples, oranges, …
Image copyright Getty Images Image caption An attempt to tackle Google over data tracking has been blocked by the courts The High Court has blocked a bid to sue Google for allegedly unlawfully taking data from 4.4 million UK iPhone users. The legal case was mounted by a group called Google You Owe Us, led …
Image copyright Yale Image caption William Nordhaus’s research has been to used to examine the consequences of climate policy interventions This year’s Nobel prize for economics has been awarded to William Nordhaus and Paul Romer for their work on climate change. The economists were praised for their research on the relationship between global warning and …
Image copyright Getty Images PayPal’s UK subsidiary has agreed to pay an extra £3.1m in tax following a review by HMRC. Research by the BBC’s Wake up to Money found that tax at the e-payments firm rose from £181,000 in 2016 to £4.7m. In its newly-filed accounts, PayPal says: “HMRC has been reviewing the company’s …
Image copyright Newscast Shares in struggling fashion chain French Connection have risen 25% to 55p after it said it may be up for sale. Following speculation at the weekend, it said it was “reviewing all strategic options” including the potential sale of the firm. It adds, though, there is no certainty an offer will be …
Image copyright NurPhoto / Getty Images Facebook paid £15.7m in tax in the UK last year, which is triple the amount it paid in the previous year. In 2016, Facebook’s tax bill rose to £5.1m, following a major overhaul of the social media firm’s tax structure. However, the company’s profits only climbed by £4m year-on-year …
Image copyright Getty Images Around 40% of young adults cannot afford to buy one of the cheapest homes in their area even with a 10% deposit, according to a new research. The Institute of Fiscal Studies said house prices in England have risen by 173% over two decades. But average pay for 25-34 year-olds has …
Image copyright Getty Images China will cut the amount of cash banks must hold in reserve as part of efforts to support its economy, amid an escalating trade war with the US. The move will see 750bn yuan ($109bn; £83bn) in cash injected into the financial system. The US is fighting a trade war with …
Image copyright Getty Images Image caption Theresa May met Shinzo Abe on an official visit to Japan last year Britain would be welcomed into the Trans-Pacific Partnership trade deal with “open arms” after it leaves the EU, Japan’s prime minister has said. While the UK would lose its role as a gateway to Europe after …