Image copyright Getty Images Hundreds of Royal Mail staff have complained that they have been short-changed as a result of a dramatic fall in the company’s share price. They claim the privatised company deliberately issued a profit warning weeks before many were planning to sell their shares. Since the announcement on 1 October the shares …
Image copyright Charlie MacGregor Image caption Charlie MacGregor pictured on a beach in Lesbos, which he visits four or five times a year The BBC’s weekly The Boss series profiles a different business leader from around the world. This week we speak to Charlie MacGregor, founder of student accommodation group The Student Hotel. Scot Charlie …
When Sophie Cornish and her business partner Holly Tucker started notonthehighstreet.com from their kitchen table in 2006, they didn’t expect it to grow into a multi-million pound firm. “Women tend to be their own worst critics,” Sophie says. “I wish I could say to my younger self, ‘Stop beating yourself up. Trust yourself.’” If only …
Media playback is unsupported on your device Media captionJamal Khashoggi: What we know about the journalist’s disappearance Saudi Arabia rejects political and economic “threats” over missing journalist Jamal Khashoggi, a source quoted by state news agency SPA says. The country would respond to any punitive action “with a bigger one”, the unnamed senior source said. …
Image copyright Corbis Image caption Virgin and Stagecoach’s West Coast line has seen a payout of £51.2m Virgin Trains and Stagecoach shared in £51.2m worth of dividends from the West Coast main line railway, shortly before walking away from another franchise. Virgin Rail Group’s dividends, for the year ending 31 March 2018, are almost double …
Image caption Universal Wealth Management is now closed and 100 staff have lost their jobs The collapse of an inheritance planning firm that has left dozens of clients fearing for their life savings is being investigated by police. Universal Wealth Management ran seminars called Keep It In The Family, in which they promised to protect …
Image copyright Getty Images Image caption Patisserie Valerie was saved from the brink of collapse by a £20m loan from its chairman The board of Patisserie Valerie discovered the existence of two “secret” company bank overdrafts this week, according to boss Luke Johnson. The entrepreneur told the Sunday Times that £9.7m had been spent in …
Image copyright Facebook Image caption People working in content moderation see the worst that the internet can throw at them “When I left, I didn’t shake anyone’s hand for three years. I’d seen what people do and how disgusting they are. I didn’t want to touch anyone. I was disgusted by humanity.” Roz Bowden is …
Image copyright NurPhoto For many Canadians, the idea of legal cannabis once seemed a pipe dream. But from 17 October, Canada will become the first G7 country to give recreational cannabis the green light. It’s following a trail first blazed by Uruguay in 2013. “It’s becoming a serious industry,” says one entrepreneur. Supporters say legalisation …
Image copyright Getty Images The £50 note will not be scrapped and will instead get a plastic redesign, the Bank of England has said. Fears that the largest denomination was widely used by criminals and rarely for ordinary purchases had prompted a proposal to abolish it. But ministers said the new version, to be printed …