Business

Pound steadies after biggest fall since 2016

Image copyright Getty Images The pound has stabilised after Thursday’s turmoil sparked by the political fall-out from Theresa May’s Brexit plan. Sterling edged up against the dollar to $1.2816 in the absence of any more resignations caused by the prime minister’s proposal. The pound suffered its biggest fall for two years on Thursday, while UK-focused […]

Business

Search starts for next National Lottery operator

Image copyright PA Potential bidders for the National Lottery are being sought by the Gambling Commission ahead of the current licence ending in 2023. The commission said it would be seeking the “best ideas, innovations and experiences” to create a lottery fit for the future. It wants the next operator to “maximise returns to good […]

Business

Japan Airlines tightens alcohol rules for pilots

Image copyright Getty Images Japan Airlines will introduce a new breathalyser system at overseas airports after one of its pilots was arrested at Heathrow Airport for being drunk. Katsutoshi Jitsukawa was arrested last month after a test showed he was over nine times the legal alcohol limit. The new measures also come after a series […]

Business

'How Amazon helped me transition to a woman'

Image copyright Sophie Roberts “I knew from a young age that I wasn’t the same as the other children,” says Sophie Roberts, a 34-year-old Amazon software developer based in Edinburgh. “I realised at around 14 or 15 that I was transgender but I wasn’t comfortable at that point in my life in being out about […]

Business

Properties 'taking longer to sell'

Image copyright Getty Images Properties are taking longer to sell than a year ago, analysis suggests, at an average of more than three months in urban areas of the UK. Homes in cities and major towns were on the market for 102 days on average before being sold or put under offer. This was six […]

Business

Brexit: Scottish fishing industry calls for clarity

Image copyright James Duncan Members of the Scottish fishing industry have called for “clarity” on the implications of the draft agreement on leaving the EU. On Wednesday, Scottish Secretary David Mundell backed the draft Brexit deal despite concerns about its impact on the fishing industry. The 585-page document said a new agreement would be reached […]

Business

Asda revival continues as sales rise again

Image copyright Reuters Asda sales jumped 2% in the three months to September as the recovery of the Walmart-owned supermarket continued. The result marked the sixth consecutive quarter of rising like-for-like sales, which strip out the effect of new stores. The retailer attributed the rise to the strength of its own-label brands. Asda has a […]