Business

Strikes send Ryanair profits sliding

Image copyright Reuters Ryanair has blamed strikes by pilots and cabin crew for a slide in half-year profits over the summer, but maintained its forecasts for the full year. The airline reported a 7% fall in profits to €1.2bn (£1.06bn) for the six months to 30 September. Chief executive Michael O’Leary also pointed the finger […]

Business

Addison Lee plans self-driving taxis by 2021

Image copyright Addison Lee Would you trust a taxi with no driver? Taxi firm Addison Lee is betting its customers will be ready to, in London at least, in just three years time. It has joined forces with self-driving software specialist Oxbotica, and says the tie-up means it will offer self-driving taxis in the capital […]

Business

'The market dictates the product we sell'

GoPros have sold round the world as simple, rugged cameras to be used on the move. However, they are different from the original model designed by the company’s chief executive, Nick Woodman. He made a wrist-mounted camera to film himself surfing. It’s the market, he says, which shapes the final product. Video journalist: Jeremy Howell […]

Business

The £1.3bn finance firm that was conceived in a pub

Image copyright Funding Circle Image caption Samir Desai was 26 when he started plans for Funding Circle The BBC’s weekly The Boss series profiles a different business leader from around the world. This week we speak to Samir Desai, founder of peer-to-peer lender Funding Circle. Friends often share money-making ideas over a few drinks in […]

Business

Budget 2018: Everything you need to know

Image copyright Getty Images What a way to start the week – settling down to watch one of the major events of the year that affects your finances. In his speech, the chancellor will announce the government’s plans for tax and spending for the financial year which starts in April 2019. Here is your essential […]

Business

Philip Morris accused of hypocrisy over anti-smoking ad

Image copyright solidcolours/Getty One of the world’s biggest tobacco firms, Philip Morris, has been accused of “staggering hypocrisy” for launching a campaign encouraging smokers to quit. The Marlboro maker said the move was “an important next step” in its aim to “ultimately stop selling cigarettes”. But Cancer Research said the firm was simply trying to […]

Business

The billionaires fuelling a space race

Image copyright Getty Images Dubbed “NewSpace”, an increasing number of entrepreneurs are joining in the race to create cheap, commercialised space travel. Among these are billionaires Elon Musk, Jeff Bezos and Sir Richard Branson, who all made their fortunes in other industries. Between them, they’re posing a major challenge to established space industry giants. Fuelled […]

Business

'How could I find £3,000 to pay for my mum's funeral?'

Image copyright Leyli Beheshty-Zadeh Image caption Leyli had to arrange her grandmother’s and her mother’s funerals within five months in 2016 2016 was a difficult year for Leyli Beheshty-Zadeh. Her grandmother’s death was followed closely by her mother’s, and she found herself having to arrange two funerals in the space of five months. “The vulnerability […]

Business

Online sellers 'pay for positive reviews'

Image copyright Getty Images Some online sellers are offering people free goods in return for positive product reviews, an investigation by consumer group Which? has found. Its investigator joined several “rewards for reviews” groups and was hired to write high-rated reviews in return for free items. Paid-for, or fake, reviews flout rules set by platforms […]

Business

Worries among tenants over deposit return

Image copyright Getty Images Nearly a fifth (18%) of tenants renting from private landlords say they have waited more than three months to get a deposit back, according to a survey. Mortgage lender the Nationwide said 4% of those asked had a delay of more than six months. A leading deposit protection scheme says the […]