Image copyright Reuters Image caption US companies went on a hiring spree in December The US economy created many more jobs than expected in December, according to the latest government data. Employers added 312,000 jobs, far ahead predictions of 177,000, the Labor Department said. The unemployment rate nudged higher to 3.9%, but is still near …
Image copyright Getty Images Image caption It’s hoped that credit unions can provide an alternative to high-cost lenders Nine credit unions went bust last year, the highest number of collapses since 2010 when 10 went into default. It brings the total that have gone under in the past decade to 73. Despite this, the number …
Image copyright Getty/Reuters Image caption Angela Merkel, Greens leader Robert Habeck and TV satirist Jan Böhmermann have all been targeted by the hack Hundreds of German politicians including Chancellor Angela Merkel have had personal details hacked and published online, reports say. Contacts, private chats and financial details were put out on Twitter which belong to …
Image copyright MAEL Image caption Monarch Aircraft Engineering Limited (MAEL) was established in 1967 and was based at London Luton Airport The engineering arm of collapsed airline Monarch has collapsed with the loss of 450 jobs. Monarch Aircraft Engineering Limited (MAEL), based at London Luton Airport, is “unsustainable in its present form”, administrators KPMG, said. …
Image copyright AFP With less than three months to go until the UK is due to leave the EU, attention is focused on how to keep vital trade routes across the English Channel flowing as smoothly as possible. “I am expecting the channel ports to operate normally in all Brexit circumstances,” the Transport Secretary Chris …
Image copyright Getty Images Energy supplier Economy Energy has been banned from taking on new customers until it improves its customer service. The energy regulator, Ofgem, said the ban would remain in place for three months to allow the firm to improve its customer contact procedures. It must also address billing and payment failures, and …
UK house prices grew at an annual pace of 0.5% in December, the Nationwide building society has said, the slowest annual rate since February 2013. The lender says uncertainty over the economic outlook appears to be undermining confidence in the market. London and surrounding areas both saw small house price falls in 2018. Northern Ireland …
Image copyright Getty Images More than 200 firms contributed to our request for ideas on what the global tech trends will be in 2019. Here’s a synthesis of the main themes occupying the minds of the technorati this year. You may be surprised. This year it’s all about data – a small, rather dull word …
Image copyright Getty Images A US delegation will visit China next week for talks aimed at defusing the trade war between the world’s two largest economies. The closely watched meeting follows a dismal week for US markets, with losses fuelled partly by trade fears. Last year, China and the US imposed tariffs on more than …
Image copyright Reuters Three former Credit Suisse bankers have been arrested over their alleged role in a $2bn (£1.5bn) fraud scheme connected to firms in Mozambique, according to US authorities. The men have been released on bail in London while the US seeks their extradition. The scheme allegedly involved loans to state-owned companies in Mozambique. …