Business

Image copyright Getty Images Concerns about climate change will drive a “fundamental reshaping of finance”, one of the world’s biggest money managers has said. Larry Fink, who runs BlackRock, said the shift will happen “sooner than most anticipate”. His company has announced “sustainable” versions of its traditional investment options to meet demand from clients. It […]

Image copyright Getty Images Troubled regional airline Flybe has struck a rescue deal with its investors and the government. The firm’s shareholders, which include Virgin Atlantic and Stobart Group, have agreed to put more money into the loss-making airline. Meanwhile, the government has agreed to review air passenger duty, which had added to the firm’s

Image copyright Getty Images Customers are still in the dark over the future of Flybe as the airline remains in rescue talks with the government. The boss of the regional airline has told its staff the company is operating as normal. But the government is considering measures to save Flybe from collapse, including possibly deferring

Image caption Limited edition trainers can be resold for thousands on online secondary sale sites Getting your hands on the latest pair of trainers can be hard, and some people are now turning to technology in an attempt to jump the queue. Mention the word “bot” to sneakerheads and you’ll probably be met with a

Image copyright Getty Images Businessman Dominic Chappell has been ordered to pay £9.5m into the BHS pension schemes after losing an appeal. Mr Chappell bought the High Street chain from Sir Philip Green for £1 before it closed down in 2016. The Pensions Regulator (TPR) had issued Mr Chappell with two contribution notices for the

Image caption Pontins in Pakefield has become an adult only holiday park A holiday park has been accused of “pushing families out” after it decided to ban children from one of its sites. Pontins in Pakefield, Suffolk, has “always been a family centre” but for 2020 it said it has become an adult-only destination. Holidaymakers

Image copyright Getty Images Millions of people with Santander’s popular current account face a cut in the interest paid amid changes for savers and borrowers. The bank has announced that, from 5 May, the interest paid on balances up to £20,000 in its 123 account will be cut from 1.5% to 1%. The move has

Image copyright Getty Images People are to be banned from using credit cards to place bets in an attempt to curb problem gambling, the Gambling Commission has said. The ban, which starts on 14 April, comes after reviews of the industry by the commission and the government. A total of 24 million adults in Britain

Image copyright H Takai Image caption Luiza Trajano has led the family company since 1991 The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Brazilian retail billionaire Luiza Trajano. With inflation hitting a whopping 3,000%, and new currencies being introduced and then quickly ditched, it

Image copyright Getty Images Microsoft boss Satya Nadella has spoken out about India’s controversial new citizenship law. The India-born executive said what is happening is “sad” and he would love to see a Bangladeshi immigrant succeed in the country’s technology industry. His comments come amid ongoing, sometimes violent, protests against the law. The Citizenship Amendment