Business

Concerns over World Cup gambling ads

Image copyright Getty Images Image caption Harry Kane (second right) scored twice for England in their Group G victory against Tunisia Almost every ITV-screened World Cup commercial break broadcast on ITV contains gambling advertisements, BBC research shows. Radio 4’s You and Yours programme found that most ad breaks in the matches so far contained at […]

Business

House of Fraser rescue plan approved

Image copyright PA Creditors have backed department store chain House of Fraser’s plans to close more than half its stores. High Street landlords were unhappy with the plan as they will have to shoulder the burden of financial losses, but they were outvoted. The retailer will now go ahead and shut 31 of its 59 […]

Business

Greece hails 'historic' debt relief deal

Image copyright EPA Eurozone countries have agreed a long-awaited debt relief deal for Greece, which has been hailed as “historic”. The deal gives Athens more time to repay €96.9bn (£85bn) worth of loans and extends a grace period during which Greece will pay little or no interest. Greek Finance Minister Euclid Tsakalotos said it sent […]

Business

City living

Image copyright Getty Images A generation ago many UK city centres were dreary and dilapidated places, with a reputation for crime. Now, they are among the most desirable areas of the country to live. What’s changed? Take a walk through the centre of cities like Manchester, Liverpool and Birmingham and you will see smart new […]

Business

Solar persuaders

Image caption Frontier Markets founder Ajaita Shah with some of the women in her local sales force In India’s desert state of Rajasthan, rural women are becoming the surprise agents of change, convincing coal-reliant communities to switch to solar. They are called “Solar Sahelis” or “solar friends”, and their job is to convince their neighbours […]

Business

Over the influence?

Image copyright Olivia Rink/@aesthetiica Image caption Olivia Rink says she works “at least 70 hours a week” on her fashion and lifestyle blog Consumer goods giant Unilever has taken a stand against “influencer marketers” who exaggerate their social media clout to earn more money promoting products. Is this the start of a brand backlash? Are […]

Business

House of Fraser rescue plan faces vote

Media playback is unsupported on your device Media captionWhy is House of Fraser failing? Creditors vote on Friday on whether to accept House of Fraser’s plans to close more than half its stores. It is a make-or-break moment for the 169-year-old business. The department store chain wants to shut 31 of its 59 shops and […]

Business

US banks pass financial stress tests

Image copyright ANDREW CABALLERO-REYNOLDS/AFP/Getty The 35 largest banks operating in the US have enough money on hand to withstand a severe financial crisis despite rising levels of credit card debt. That was the finding of the annual “stress tests” conducted by the US central bank, the Federal Reserve. The US introduced the tests after the […]

Business

EU tariffs on US goods come into force

Image copyright Getty Images The European Union (EU) has introduced retaliatory tariffs on US goods as a top official launched a fresh attack on President Donald Trump’s trade policy. The duties on €2.8bn (£2.4bn) worth of US goods came into force on Friday. Tariffs have been imposed on products such as bourbon whiskey, motorcycles and […]

Business

Hammond: Treasury not the 'enemy of Brexit'

Image copyright Getty Images The Treasury is not “the enemy of Brexit”, Chancellor of the Exchequer Philip Hammond has insisted. In a speech in the City of London, Mr Hammond said the UK needed to protect patterns of trade with the EU that had been “built over decades”. The chancellor also used his Mansion House […]