Image copyright Getty Images The pound has fallen against the dollar amid political uncertainty as Prime Minister Theresa May struggles to broker an agreement on Brexit with her cabinet. In early trading, sterling fell nearly 1% against the dollar to $1.2845. Against the euro, it was down 0.2% at €1.1422. Mrs May is trying to …
Image copyright PA Drinks giant Diageo has announced that it is selling a portfolio of 19 brands to US privately owned firm Sazerac for $550m (£427m). The list includes three varieties of Seagram’s whisky, plus Romana Sambuca and the now-defunct Booth’s gin brand. Diageo said the sale would allow it to have “greater focus” on …
Nothing to be Written is a virtual reality (VR) experience that moves you between war trenches, hospitals, trains and anxiously waiting at home for field postcards sent by soldiers during World War One. BBC Click visited two Chelsea Pensioners, Michael Allen and Michael Paling asking them to put on VR headsets to try out the …
Image copyright Getty Images Firms seeking staff are being hit by labour shortages, with a “reversal” in the number of migrants in UK workplaces, says HR body the CIPD. As Brexit approaches, the CIPD says the shortage of both EU and non-EU migrants reflects a falling interest in the UK as a destination for migrant …
The bank, which is 62% taxpayer-owned, says skilled staff were used occasionally as “short-term support”. Source by [author_name]
Image copyright Carwow Image caption James Hind started Carwow at his parents’ house The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to James Hind, founder of UK car price comparison website Carwow. While unforeseen circumstances can completely change all our lives, it was the global …
Ben Brabyn runs a technology incubator called Level39, where start-up companies come up with new computer programs for business. His job is to connect the start-ups with clients. However, rather than trying to match them directly, he says it’s better to make Level39 a place where buyers and sellers can get to know and trust …
Media playback is unsupported on your device Media captionAlibaba Singles Day: Dollars or data? E-commerce giant Alibaba has set new sales records on Sunday for its biggest shopping day, the annual Singles Day. The Chinese company hit a record $1bn in sales in 85 seconds, and then just shy of $10bn in the first hour …
Daily Mail-owner DMGT is reportedly considering making an offer to buy the i newspaper from Johnston Press. The troubled regional publisher put itself up for sale in October, with all or parts of the group available to buy. It is struggling under the weight of debt, pension obligations and worsening advertising conditions. Johnston Press, which …
As the number of people renting in the UK continues to rise, the BBC has taken a closer look at the state of private renting. The typical one-bed home in England costs £600 a month to rent, but this is skewed by soaring costs in London and hides a gaping divide across the country. In …