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November 8, 2018
Disney results get box office boost

Disney results get box office boost

Image copyright Getty Images Image caption Incredibles 2 and Ant-Man and the Wasp boosted Disney’s results Walt Disney saw higher profits and revenue in the most recent quarter, boosted by blockbusters Incredibles 2 and Ant-Man and the Wasp. Revenues in the media company’s studio division jumped 50% in the three months to 29 September to …

November 8, 2018
The Asian businesses surviving high street closures

The Asian businesses surviving high street closures

Diwali time is big business on Asian high streets like Soho Road in Birmingham. Many of these shops were set up in the 1960s to serve migrant communities and to provide jobs. And while British high streets have struggled, Asian grocers continue to buck the trend. Immigrant entrepreneurs in the small and medium sector of …

November 8, 2018
KPMG stops consultancy for audit clients

KPMG stops consultancy for audit clients

Image copyright Reuters Accountancy firm KPMG has said it will no longer do consultancy work for the UK’s biggest companies if it is also auditing them. In a memo the firm’s chairman said the move was to “remove even the perception of a possible conflict” of interest. The “big four” accountancy firms are under scrutiny …

November 8, 2018
Paypal stops handling payments for Tommy Robinson

Paypal stops handling payments for Tommy Robinson

Image copyright Getty Images Image caption Tommy Robinson at the Old Bailey in London to hear contempt charges Paypal has told former English Defence League leader Tommy Robinson it will no longer process payments on his behalf, the BBC understands. The payments network is believed to have told Mr Robinson he had violated its terms …

November 8, 2018
China’s Xinhua agency unveils AI news presenter

China’s Xinhua agency unveils AI news presenter

Media playback is unsupported on your device Media captionChina’s ‘first AI news anchor’ China’s state news agency has unveiled a virtual newsreader sporting a sharp suit and a somewhat robotic voice. Xinhua News claims the presenter “can read texts as naturally as a professional news anchor”, though not everyone may agree. “Hello, you are watching …

November 8, 2018
Sainsbury’s boss warns food ‘can’t be stockpiled’ for no-deal Brexit

Sainsbury’s boss warns food ‘can’t be stockpiled’ for no-deal Brexit

Sainsbury’s boss Mike Coupe tells BBC Breakfast much of their food imports are perishable and therefore “can’t be stockpiled” in preparation for a no-deal Brexit. The supermarket has about 20 distribution centres in the UK that can hold about a week’s worth of food. Mr Coupe told Ben Thompson any hold-ups in importing food would …

November 8, 2018
Glitch leaves childminders unpaid for a week

Glitch leaves childminders unpaid for a week

Image copyright Getty Images A glitch in a childcare payment system run by the tax office has left many nurseries and childminders waiting more than a week for their money. The problems came after 22,000 payments made through HM Revenue & Customs’ Tax-Free Childcare system were delayed. The tax office has apologised and says all …

November 8, 2018
Bombardier cuts 5,000 jobs globally

Bombardier cuts 5,000 jobs globally

Image copyright Bombardier Image caption A Bombardier CRJ900 plane operated by Skywest Bombardier workers in Northern Ireland and the Midlands face uncertainty after the Canadian company announced 5,000 job cuts globally on Thursday. The struggling plane and train maker has not said where the cuts will be made over the next 12 to 18 months, …

November 8, 2018
How do you score on this money quiz for teenagers?

How do you score on this money quiz for teenagers?

Image copyright Getty Images The money expert Martin Lewis has paid for 340,000 textbooks on personal finance to be sent out to all of the UK’s state schools. The book, called Your Money Matters, is designed to help 15-16 year-olds manage their finances. It has the support of the Department for Education. Financial education has …

November 8, 2018
Online property adverts ‘refusing’ tenants on benefits

Online property adverts ‘refusing’ tenants on benefits

Image copyright Getty Images Thousands of online property adverts in England are discriminating against tenants who are in receipt of housing benefit, a study says. The National Housing Federation and charity Shelter examined 86,000 online adverts for rental properties. They found that one in 10 of those adverts requested “No DSS” or “No Housing Benefit”. …

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