Media playback is unsupported on your device Media captionTesco says Jack’s prices will be lower than Lidl and Aldi Tesco has unveiled its new discount chain called Jack’s that aims to tackle the rising threat posed by German rivals Aldi and Lidl. The first store is in a mothballed former Tesco store in Chatteris, Cambridgeshire. …
Image copyright Getty Images Image caption EU Competition Commissioner Margrethe Vestager wants the “full picture” on Amazon’s data use The EU’s competition chief says she is looking into Amazon’s use of data from sellers on its site amid concerns that it might harness it to boost its own retail sales. Margrethe Vestager warned of a …
Image copyright Getty Images UK shareholders in Ryanair could be frozen out if the UK leaves the European Union without a deal. The Irish airline has said it may restrict the voting rights of all non-EU shareholders if there is no transition deal in place after Brexit. The statement is in the notice of its …
Image caption Barry Callebaut has bought the lease for Burton’s chocolate manufacturing assets in Moreton for an undisclosed fee The maker of Wagon Wheels, Burton’s Biscuits Company, has sold its chocolate manufacturing assets in Merseyside to a Swiss firm. Barry Callebaut has bought the lease for an undisclosed fee for Burton’s refinery in Moreton, Wirral. …
Image copyright Orla Kiely Image caption Orla Kiely has ceased trading Handbag and homeware retailer Orla Kiely has closed its retail stores and website, becoming the latest victim of the difficult retail landscape. Orla Kiely ceased trading on Monday after its parent company, Kiely Rowan, went into administration. The retailer’s stores on the King’s Road …
Image copyright Cathay Pacific Image caption The Hong Kong-based airline joked “Oops this special livery won’t last long” after the error was pointed out An airline has had to send a new plane back to the paint shop after the company’s name was spelled incorrectly on it. Hong Kong-based Cathay Pacific painted its name as …
Image copyright Sony Image caption Sony’s PlayStation Classic is 45% smaller than the original. Sony has announced a miniature version of the first PlayStation console, which originally launched in 1994. The mini version will come with 20 retro titles, including Final Fantasy VII and Tekken 3. The PlayStation Classic is around half the size of …
The chief executive of Danske Bank, Thomas Borgen, has resigned. He stepped down after the bank found “indications” that its Estonian branch was used for money-laundering purposes. Mr Borgen said it was clear that Danske Bank had failed to live up to its responsibility and he regretted this. “Even though the investigation conducted by the …
UK inflation rate for August unexpectedly rises to 2.7%, highest in six months This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version. You can receive Breaking News on a smartphone or tablet via the BBC News App. You can also follow @BBCBreaking …
Image copyright Getty Images China has hit back at accusations that it is using its currency as a tool in the trade war with the US. At a forum in Tianjin, China’s Premier Li Keqiang said Beijing will not actively weaken the yuan to boost exports. President Donald Trump has repeatedly accused China of manipulating …