Business

Image copyright Getty Images Global oil prices have risen after Donald Trump said he expected Saudi Arabia and Russia to reach a deal soon to end their price war. The cost of crude had fallen to 18-year lows as the two countries slashed prices and ramped up production. At the same time demand has been […]

Media playback is unsupported on your device Media captionGeoff Chutter says that when hiring staff he looks for positivity rather than skills. In 1980 Geoff Chutter found himself “mortgaged to the underside of the nostrils”, and the owner of a brand new water park. The then 28-year-old had no previous experience of working in the

Image copyright Getty Images Image caption The pandemic has led to the closure of Job Centres Nearly a million people have applied for universal credit benefits in the past fortnight as the coronavirus pandemic has worsened. The Department for Work and Pensions said 950,000 successful applications for the payment were made between 16 March, when

Image copyright Getty Images The UK is facing a shortage of fruit and vegetable pickers this year. By the end of April, 29,000 will be needed and one farmer, Mark Bowyer, told Farming Today he had only managed to get 13 of his regular staff so far. “We’ve had inquiries from about 80 people including

A corner of the Amazon that had been cleared and used as farmland has been restored to rainforest. The man who owns it, Omar Tello, gave up his job as an accountant and spent 40 years recreating a patch of pristine forest in Ecuador, stretching just a few hundred metres in each direction. He’s trying

Image copyright Getty Images British Airways is expected to announce it will suspend around 36,000 staff. The airline, which grounded much of its fleet due to the coronavirus crisis, has been negotiating with the Unite union for more than a week. The two sides have reached a broad deal but are yet to sign on

When a wave of coronavirus cases hit Colorado, Jessica DeFronzo had little choice but to work through it. Her JoAnn Fabrics and Crafts store in Colorado Springs stayed open to the public, getting so busy with foot traffic that DeFronzo, a cashier manager, compared it to “back-to-back Black Fridays.” Working for just above the minimum

Image copyright Getty Images Business Secretary Alok Sharma has issued a stark warning to banks, after it was revealed up to a million companies could fold because they could be denied emergency loans. “It would be completely unacceptable if any banks were unfairly refusing funds to good businesses in financial difficulty,” Mr Sharma said. The

Image copyright Getty Images Image caption M&S Foodhalls have remained open during the coronavirus crisis Hard-pressed supermarket workers are being handed thank-you bonuses by bosses. Marks & Spencer is the latest chain to reward workers with an extra 15% pay. Aldi, Sainsbury’s and Tesco have already promised staff an extra 10%, while Asda will give

Image copyright Getty Images ASOS “totally refutes” claims from a workers union it is risking employees’ safety by not enforcing social distancing measures during the coronavirus outbreak. GMB union accused ASOS of “playing Russian roulette with people’s lives”. ASOS told Radio 1 Newsbeat this has “created panic and hysteria in an already uncertain time” about