Business

Image copyright VTech Image caption Which? found that strangers could connect to the walkie talkies from up to 200m A walkie talkie toy and two karaoke devices have been found to be potentially hackable, consumer group Which? has claimed. The toys’ Bluetooth connections were tested by Which? and cyber-security firm NCC Group. They found a […]

Media playback is unsupported on your device Media captionAaron Heslehurst explains how the barcode became a million dollar idea George Laurer, the US engineer who helped develop the barcode, has died at the age of 94. Barcodes, which are made up of black stripes of varying thickness and a 12-digit number, help identify products and

Image copyright Getty Images The body repaying money owed to Thomas Cook customers after the tour firm collapsed has apologised to thousands of customers facing refund delays. Paul Smith, director at the Civil Aviation Authority, said “we are very sorry” and promised the CAA is “working tirelessly” to process payments. Despite £160m having already been

Image copyright Getty Images The UK economy grew at its slowest annual pace in nearly seven years in October, according to official figures. Gross domestic product rose by 0.7% against October 2018, the weakest growth since March 2012, with services the main driver the Office for National Statistics said. In the three months to October,

UK pub chain JD Wetherspoon is to create 10,000 jobs in the UK and Republic of Ireland over the next four years, it has said. The chain announced a £200m investment in new pubs and hotels, and to enlarge its existing estate. In common with other retailers, it has been battling rising costs after a

Image copyright Getty Images Ted Baker boss Lindsay Page, who was only appointed in April, has resigned from the troubled fashion retailer. The firm also issued a profit warning, saying it now expected annual pre-tax profits of between £5m and £10m. In addition, the fashion firm’s executive chairman David Bernstein has stepped down. Mr Page

Image copyright Wag! Inc. Technology giant SoftBank has reportedly agreed to sell its stake in dog-walking app Wag. If confirmed, it would mark another disappointment for SoftBank’s Vision Fund investment arm. It caps off a year in which the Japanese company’s investment decisions have been heavily criticised. The failure of the planned sale of shares

Image copyright Mathias Mikkelsen Image caption Mathias spent 12 weeks living in this cupboard The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Mathias Mikkelsen, founder of Norwegian tech company Memory. Mathias Mikkelsen was so keen to get his business up and running that he

Luggage company Away announced Monday that Steph Korey is stepping down as chief executive officer after a bombshell investigative article last week revealed a toxic work culture with her mistreating employees. The announcement said that Korey will take on the role of executive chairman and remain on the board of directors with Away co-founder Jen

Image copyright Getty Images Drax, which generates 5% of the UK’s power, has said it plans to capture more carbon than it produces by 2030. The firm’s power plant in North Yorkshire is already largely powered by renewable fuel such as wood pellets. The trees that the pellets come from absorb carbon, which is then