Business

Image copyright Getty Images Image caption Thousands of people work at Lloyd’s city HQ The Bank of England is to begin monitoring Lloyd’s of London after it emerged that a whistleblowing hotline at the insurance market was out of service for almost a year and a half. It meant about 1,000 staff had no way […]

Image copyright Getty Images “New Mariah Carey music – that’s always a reason to get me out spending money!” says Jeffrey Ingold, who reckons he has spent about £8,000 on the singer’s music over his lifetime – including going to international concerts. While he may already own her classic Merry Christmas album from 1994, that

Image copyright Getty Images Image caption Andrew Bailey will start his new job in While many have welcomed Andrew Bailey’s appointment as the new governor of the Bank of England, some suggested he has one key flaw: he is a white male. In different circumstances that might not have raised hackles. As boss of City

Image copyright Getty Images Boeing has announced that its chief executive, Dennis Muilenburg, is stepping down. The move comes less than a week after the planemaker said it would temporarily halt production of its troubled 737 Max airliner in January. Production of the jet had continued despite the model being grounded for nine months after

Image caption It is hard to miss the shelves stacked with Vimto in some Middle Eastern supermarkets The makers of Vimto have warned that a new soft drinks tax in parts of the Middle East could hit its profits. Nichols, based in Newton-le-Willows, Merseyside, said the 50% levy in Saudi Arabia and UAE was a

Image caption The pack of cards cost £1.50 from Tesco A factory in China has denied it used forced labour after a six-year-old girl found a message from workers inside a Tesco charity Christmas card. The card supplier, Zhejiang Yunguang Printing, told China’s Global Times it had “never done such a thing”. Tesco halted production

MCADENVILLE, N.C. — On the last Saturday of November, Kathy Ramsey was alone in her bakery, preparing for the onslaught. Over the next month, 600,000 people would visit McAdenville, a town of just 665 residents, for its annual spectacle: Christmas Town, USA. “Normally, I’ve got three or four other girls here helping out,” said Ramsey,

Image copyright AFP Image caption Ungaro (pictured in 1999) was known for his bold colours and prints French fashion designer Emanuel Ungaro has died in Paris aged 86. Ungaro was the son of Italian immigrants who trained under Spanish designer Cristobal Balenciaga. He founded his fashion house in the 1960s and described himself as a

Image copyright Getty Images China will cut tariffs on hundreds of products ranging from frozen pork to high-tech parts next year, lowering trade barriers to support the economy. In a statement, Chinese authorities said import tariffs on 859 items would be reduced from 1 January. The world’s second largest economy has typically used high tariffs

Image copyright STR Image caption Hikvision specialises in surveillance equipment The head of fund manager Fidelity International has defended her firm’s investment in a controversial Chinese surveillance company accused of contributing to human rights abuses. Fidelity owns a big stake in Hikvision, whose technology has allegedly been used to monitor the Uighur Muslim minorities in