Image copyright Anna Taylor Image caption Anna Taylor with partner Anjay “When I put in the earpieces and goggles the first time it was crazy – it feels so believable,” says Anna Taylor, 32, of her visit to a virtual reality (VR) arcade. “The whole experience of being immersed in a compelling virtual world is […]
Why we’ve never fallen in love with virtual reality Read More »
Image copyright Getty Images Christmas sales results for retailers are rolling in and they are a mixed bag. Some retailers had a cracking Christmas, while for some, 2019 was a bit of a turkey. For November and December overall, total retail sales fell, according to industry body the British Retail Consortium (BRC) But some retailers,
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Image copyright Getty Images M&S said it overestimated demand for tight-fitting men’s clothing in the run-up to Christmas. As a result, the High Street retailer said it had ordered more “regular” and “relaxed-fit” clothing for spring. M&S boss, Steve Rowe, said “disappointing” issues, such as the surplus of skinny menswear, held the firm back from
M&S sales squeezed as men shun skinny trousers Read More »
Image copyright Getty Images Image caption Few people move their savings around regularly for the best deals Millions of savers who leave money in the same account for years should get a better deal under plans published by the City regulator. Under the proposals, banks would have to set a single long-term interest rate for
Banks told to stop short-changing loyal savers Read More »
Image copyright LCF promotional material Image caption London Capital & Finance marketing promised high returns Thousands of first-time investors who lost their savings after investing with London Capital & Finance (LCF) have been told it is unlikely they will qualify for compensation. Nearly 12,000 people put £236m into the firm which collapsed a year ago.
LCF investors see compensation hopes dashed Read More »
Image copyright Getty Images Chlorine-washed chicken and hormone-treated beef will be kept out of the UK under any trade deal with the US, the environment secretary has promised. Theresa Villiers told the BBC the current European Union ban on the two foods will be carried over into UK legislation after Brexit. Until now the UK
UK ban on US chlorinated chicken ‘to continue after Brexit’ Read More »
Image caption The rail manufacturing and assembly plant opened in 2015 Up to 250 jobs are set to be axed at a factory making trains in County Durham. The Hitachi plant in Newton Aycliffe opened in 2015 and employs about 900 people, according to the union Unite. In December it was awarded a £350m contract
Newton Aycliffe Hitachi rail plant to axe 250 jobs Read More »
Image copyright Getty Images Image caption About 6,000 people work in wing manufacturing at Broughton in Flintshire The chief executive of Airbus has said the future of its British wing plants is “secure” and there is “great potential to expand” post Brexit. The aerospace giant had warned it could move wing-building out of the UK
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Image copyright Getty Images Image caption Northern rail services could soon be brought under public control, the transport secretary has said Troubled rail operator Northern has the finances to continue only “for a number of months”, the government has said. Transport Secretary Grant Shapps has announced he is evaluating a proposal from the train operator
Northern rail can continue only ‘for months’, transport secretary says Read More »
Image copyright TfW Image caption Poor performance has been blamed for the fines A train company contracted to run Transport for Wales services, KeolisAmey, has been fined £2.3m for poor performance. Economy Minister Ken Skates said the penalty notices were “vital” to get the company to improve, saying the company had not lived up to
Transport for Wales: KeolisAmey fined £2.3m for poor performance Read More »
