Business

How the Audi boss was finally emitted

Image copyright AFP Image caption Rupert Stadler has stood down from his role leading Audi but questions are being asked as to why it took so long Rupert Stadler is the long-serving Chief Executive of VW’s subsidiary Audi and a senior member of the group’s management board. He was arrested on Monday as part of […]

Business

House prices tumble in seaside hot spots

Image copyright Getty Images Image caption Average house prices are falling in Salcombe on the south coast of Devon Affording a home in one of Britain’s ritziest seaside towns has long been way out of reach, even for the moderately rich. But now it seems that house prices in two of the smartest resorts have […]

Business

Premium parking

Image copyright Getty Images Applying for car insurance can seem like endless box-ticking and form-filling – but the answers drivers give can make a big difference to the cost. Job descriptions, marital status, and whether motorists regularly park in a driveway or garage can all affect the price paid. That is because insurers use complex […]

Business

German car shares dip on Trump tariff tweet

Image copyright Pool Image caption Donald Trump and Angela Merkel in 2017 Shares in European carmakers took a hit on Friday, after US President Donald Trump redoubled his threats of tariffs against their cars. Mr Trump tweeted that the US would place a 20% import tax on European cars, if the EU’s “tariffs and barriers […]

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

Airbus warns no-deal Brexit could see it leave UK

Image copyright AFP Contributor/Getty Images Airbus has warned it could leave the UK if the country exits the European Union single market and customs union without a transition deal. The European planemaker said the warning was not part of “project fear, but its “dawning reality”. Airbus employs about 14,000 people at 25 different sites in […]

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 […]