Business

Ex-UBS trader avoids deportation – for now

Image copyright Reuters A former UBS trader who was jailed after being convicted of a huge fraud has avoided being deported from the UK. Kweku Adeboli, 38, has been denied permission for a judicial review of deportation proceedings against him. He had expected to be detained when he attended a monthly check-in with police in […]

Business

Can Venezuela halt hyperinflation?

Image copyright Reuters Image caption The amount of currency needed to buy a chicken at a market in Caracas last week before the Venezuelan currency was devalued. What does hyperinflation look like? It could well be this photograph of a raw chicken dwarfed by the huge piles of banknotes needed to buy it. This particular […]

Business

Businessman Richard Cousins 'leaves £41m' to Oxfam

Image copyright PA/Social media Image caption Richard Cousins (centre) was killed in a plane crash along with his two sons, Edward (left) and William (right) A multi-millionaire catering boss has left a “substantial amount” of money to Oxfam after dying alongside his family in a plane crash. The Sun reports that Richard Cousins left £41m […]

Business

Public finances see £2bn surplus in July

Image copyright Getty Images The government’s finances were in surplus by £2bn last month, the biggest surplus for July in 18 years, official figures show. The figure was up from a surplus of £1bn a year ago. At the same time, borrowing in the April-to-July period fell to its lowest level since 2002. Borrowing for […]

Business

House of Fraser's flagship London store saved

Image copyright Getty Images Image caption House of Fraser is one of the most prominent stores on London’s Oxford Street House of Fraser’s flagship Oxford Street store will now stay open after the chain’s new owner agreed fresh terms with its landlord. The store had been due to close under a restructuring plan that House […]

Business

Is it the end of the 9 to 5 working day?

Image copyright Anna Whitehouse Traditional workplace hours of 9am to 5pm are now only the norm for a minority of workers, research suggests. Just 6% of people in the UK now work such hours, a YouGov survey found. Almost half of people worked flexibly with arrangements such as job sharing or compressed hours, allowing them […]

Business

Trump accuses China of 'manipulating' its currency

Image copyright Reuters Image caption Donald Trump sits for an interview with Reuters US President Donald Trump has accused China of manipulating its currency to combat US tariffs. The accusation, made in an interview with Reuters news agency, resembles claims Mr Trump made during his 2016 campaign but had avoided more recently. It comes as […]