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February 11, 2019
Debenhams secures cash injection as it battles for survival

Debenhams secures cash injection as it battles for survival

Image copyright Getty Images Debenhams is understood to have secured a cash injection of around £40m to buy it extra time as it battles to secure a longer term deal with lenders. The department store chain is expected to announce the fresh funds imminently. The struggling chain – which issued three profit warnings last year …

February 11, 2019
Would you swap your smartphone with a brick phone?

Would you swap your smartphone with a brick phone?

A school in north-east London is selling “brick phones” to students to stop them from being distracted by the internet. Michaela Community School, in Wembley, sell the mobiles, which can send and receive texts and calls but cannot access social media, at a discounted rate. Students using the devices have reported better quality of sleep …

February 11, 2019
Teen has vaccinations after asking Reddit

Teen has vaccinations after asking Reddit

Image copyright Ethan Lindenberger Ethan Lindenberger from Ohio asked social media site Reddit if he could have vaccines without parental consent. His mother would not give her permission, he wrote in the post, which had thousands of reactions. He learned he had to wait until he was 18 – which he did, and has now …

February 11, 2019
New Ofgem cap prompts E.On to raise energy prices

New Ofgem cap prompts E.On to raise energy prices

Image copyright Getty Images Energy supplier E.On has become the first major company to announce price rises in response to a new cap set by the regulator for the start of April. On Thursday, Ofgem said it would allow suppliers to charge more to those on default tariffs owing to a rise in wholesale costs. …

February 11, 2019
£35m research hub to make steel industry carbon-neutral

£35m research hub to make steel industry carbon-neutral

Image copyright Matthew Horwood/Getty Images Image caption Steel produced at Port Talbot is used for construction projects and the car industry A £35m research network has been announced aimed at making the UK iron and steel industry carbon-neutral by 2040. Swansea, Sheffield and Warwick universities will work with steelmakers on the seven-year Sustain programme. It …

February 11, 2019
Food industry warns Gove on Brexit ‘crisis’

Food industry warns Gove on Brexit ‘crisis’

Image copyright Getty Images The UK food industry has threatened to stop co-operating with government policy consultations, saying it is busy trying to stave off the “catastrophic impact” of a no-deal Brexit. The warning came in a letter to Environment Secretary Michael Gove from more than 30 business leaders. They said it looked “ever more …

February 11, 2019
UK signs post-Brexit trade deal with Switzerland

UK signs post-Brexit trade deal with Switzerland

Image copyright Reuters Image caption International Trade Secretary Liam Fox talks to Swiss Economy Minister Guy Parmelin The UK and Switzerland have signed a deal to continue trading after Brexit as they did before it. The “continuity agreement” – based on the EU’s existing free trade deal with Switzerland – was agreed in December but …

February 11, 2019
Tinder-style app for cows tries to help the meat market

Tinder-style app for cows tries to help the meat market

So you think the dating scene is like a meat market? Well, wait till you hear about the latest matchmaking app. Following the example of Tinder, UK farming start-up Hectare has launched its own equivalent for livestock and called it Tudder. The app features data profiles of animals from 42,000 UK farms in an effort …

February 11, 2019
Paris to sue Airbnb over ‘illegal ads’

Paris to sue Airbnb over ‘illegal ads’

Image copyright Getty Images The city of Paris is suing Airbnb for €12.5m (£11m) over 1,000 adverts for what it says are illegal rentals. Homeowners in the city can rent out their properties for only 120 days per year. They must register themselves as a business and display their registration number on any advertising. Under …

February 11, 2019
Lloyds customers hit by online banking woes

Lloyds customers hit by online banking woes

Image copyright Getty Images The UK’s largest current account provider has reported problems with its online banking service. Lloyds Banking Group said some customers with Lloyds’ accounts faced “intermittent issues” when trying to log onto the online system. It has apologised and says it is trying to resolve the problem urgently. App services are working …

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