Business

Mix-and-match holidaymakers get more protection

Image copyright Getty Images Holidaymakers who book hotels and flights separately will get the same protection as those buying package holidays under new EU rules that have now come into force. Package holidaymakers are both financially and legally covered if things go wrong. But those who book different elements of their holiday separately have been […]

Business

Penny drops

Across the UK, discount retailer Poundworld is holding closing-down sales. For staff who worked for the chain and customers who relied on its low prices, it’s more than just a High Street brand that could be lost. Steven Mulgrove peers across the street into the window of Poundworld. “Store closing”, the posters read, “Save up […]

Business

Lettuce growers warn of imminent shortage

Image copyright British Leafy Salad Growers Association There could be a shortage of lettuce in UK supermarkets as soon as the middle of next week, growers have warned. The unusually high temperatures have boosted demand for leafy salads at the same time as the heat has stopped the UK crop growing. Growers say they may […]

Business

Steel firms Tata and ThyssenKrupp to merge

Image copyright Getty Images Image caption Tata owns the UK’s largest steelworks at Port Talbot Tata Steel and ThyssenKrupp have agreed a merger which will create Europe’s second-biggest steelmaker, after Arcelor Mittal. German-owned ThyssenKrupp’s supervisory board gave the go-ahead to the joint venture on Friday. The deal will mean Indian-owned Tata Steel’s UK plants are […]

Business

GM warns against potential car tariffs

Image copyright Getty Images America’s largest carmaker has added its voice to the chorus of companies and countries criticising proposed US tariffs on foreign cars and auto parts. General Motors warned the tariffs “could lead to a smaller GM, a reduced presence at home and abroad and risk less – not more – US jobs.” […]

Business

Sovereignty issue

Image copyright Getty Images Image caption China considers Taiwan, whose capital is Taipei, to be a Chinese territory In recent months, many multinational companies, from airlines to clothing brands, have been getting on the wrong side of Beijing. They have done so by listing Taiwan under the title “country” in their website’s drop down menus, […]

Business

Electric car buyers claim they were misled by Nissan

Image copyright AFP Image caption John Weatherley says Nissan exaggerated the facts about the Leaf Owners of Nissan’s new electric Leaf say they were given misleading information about the car before buying it. They say charging the Leaf can take three times longer than claimed on Nissan’s website. Others are unhappy that the range on […]

Business

Canada 'will not back down' over US metals tariffs

Image copyright Reuters Canada would “not back down” in the face of new US tariffs on steel and aluminium, according to the country’s foreign minister. Chrystia Freeland spoke as officials unveiled a C$2bn (£1.5bn) package to support the country’s steel and aluminium industries. Retaliatory tariffs on C$16.6bn worth of US products are due to come […]

Business

Nike shares fly as sales momentum mounts

Image copyright Getty Images Image caption Nike’s Air Jordan 1 Retro trainers Nike is back in fashion in North America with a 3% rise in sales in the most recent quarter, propelling shares to a record high on Friday. It was the first quarterly year-on-year increase for the US sportswear company in the vital North […]

Business

Surprise upgrade to UK growth

Image copyright Getty Images Image caption Revised construction data helped to push up the growth estimate The UK’s economic growth has been revised up for the first quarter of the year after construction data was found to be stronger than earlier estimates Growth for the three months to March was 0.2%, the Office for National […]