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October 15, 2018
Gatwick Airport second runway ‘by the back door’

Gatwick Airport second runway ‘by the back door’

Image copyright PA Image caption The emergency runway could be used for departing smaller aircraft, Gatwick Airport said Gatwick Airport is due to unveil plans to use its emergency runway to increase capacity. The airport’s latest draft plan is set to be released on Thursday and will go out to public consultation, a spokesman said. …

October 15, 2018
Would you trust an auto-switching site for life?

Would you trust an auto-switching site for life?

Image copyright Getty Images Energy switching services help consumers find a gas and electricity supplier by automatically switching them to the best deal. They’ve been around for a couple of years, but now a giant comparison site – GoCompare – is getting in on the act. The company claimed its Weflip service will “automatically keep …

October 15, 2018
Brexit talks hit ‘real problem’ over Northern Ireland border

Brexit talks hit ‘real problem’ over Northern Ireland border

Image copyright Reuters Image caption Brexit Secretary Dominic Raab met with the EU’s Michel Barnier on Sunday Brexit negotiations have hit a “real problem” over the issue of the Irish border, government sources have warned. Ahead of a key summit, the EU is believed to be seeking further reassurances to prevent a so-called hard border …

October 15, 2018
Claire’s ‘considers UK store closures’

Claire’s ‘considers UK store closures’

Image copyright Alamy Accessories chain Claire’s is reported to be considering closing some of its UK stores. The Press Association said the High Street chain was working with restructuring firm Alix Partners on “a number of options”. The news comes just hours after Claire’s US parent company emerged from chapter 11 bankruptcy protection. A spokeswoman …

October 15, 2018
Trump: Climate change scientists have ‘political agenda’

Trump: Climate change scientists have ‘political agenda’

Image copyright AFP Image caption Donald Trump has said he does believe the climate is changing US President Donald Trump has accused climate change scientists of having a “political agenda” as he cast doubt on whether humans were responsible for the earth’s rising temperatures. But Mr Trump also said he no longer believed climate change …

October 15, 2018
Jamie Dimon: JP Morgan boss pulls out of Saudi conference

Jamie Dimon: JP Morgan boss pulls out of Saudi conference

Image copyright Getty Images JP Morgan chief executive Jamie Dimon will not attend an investment conference in Riyadh amid growing tensions between the US and Saudi Arabia. He is the latest high-profile figure to pull out of the event dubbed “Davos in the Desert” following the disappearance of Saudi journalist Jamal Khashoggi. The Saudis deny …

October 15, 2018
Superdry in profit warning after heatwave hits sales

Superdry in profit warning after heatwave hits sales

Image copyright Getty Images Superdry has warned profits will take a £10m hit because late spells of hot weather hurt sales of winter clothes. “Unseasonably hot weather conditions in the UK, Continental Europe and on the East Coast of the USA,” were to blame, Superdry said in a statement. The problem has continued into October, …

October 15, 2018
US retailer Sears files for bankruptcy

US retailer Sears files for bankruptcy

Image copyright Getty Images US retailer Sears, a brand that once dominated shopping malls in the country, has filed for bankruptcy. Sears Holdings – which also owns Kmart – filed for Chapter 11 bankruptcy protection on Monday. The company has suffered, along with many other traditional retailers, from rising online competition from firms such as …

October 15, 2018
Jamal Khashoggi case: ‘Credible’ probe needed over missing writer

Jamal Khashoggi case: ‘Credible’ probe needed over missing writer

Media playback is unsupported on your device Media captionJamal Khashoggi: What we know about the journalist’s disappearance The UK, Germany and France have demanded a credible investigation into the disappearance of prominent Saudi journalist Jamal Khashoggi. Their foreign ministers said that if anyone were found responsible they should be held accountable, and urged a detailed …

October 15, 2018
UK will see three years of low growth, says EY Item Club

UK will see three years of low growth, says EY Item Club

Image copyright PA The UK can expect low economic growth for the next three years, while a no-deal Brexit could dent growth even further, says a forecasting body. The EY Item Club predicted GDP growth of 1.3% this year and 1.5% in 2019, down from 1.4% and 1.6% respectively in its previous outlook three months …

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