Business

Image copyright Getty Images Image caption Port Talbot employs 4,000 workers – nearly half of Tata’s UK workforce Tata Steel has announced it expects to cut 1,000 jobs across the UK as part of the company’s restructuring plans. Two thirds of the job losses will be management and office-based roles, Tata said. In the Netherlands […]

Image copyright Getty Images Image caption Independent bakers says real sourdough should not contain baker’s yeast Sourdough bread has become a major food trend over the last few years, with loaves flying off the shelves at independent bakeries and cafes, often for high prices. But with major supermarkets now getting in on the act, a

Image copyright Getty Images A growing number of North Sea oil and gas operators are looking to diversify into “less traditional activities” such as decommissioning and renewables, according to a survey. A total of 86% of firms expressed “some likelihood” of doing decommissioning work in the medium term. The survey also showed the highest proportion

Image copyright Getty Images Image caption Victoria Beckham at this year’s London Fashion Week Victoria Beckham’s fashion business has posted another annual loss as demand for the former Spice Girl’s high end clothes “plateaued”. Victoria Beckham Limited, which has not made a profit since it launched in 2008, reported a loss of £12.3m for 2018.

Image copyright Alexis Granados Image caption Alexis Granados and her husband A US couple is offering to camp out all night and hold places in the shopping queue for those who want to splurge on Black Friday deals. “My husband has great ways of thinking when it comes to money,” says Alexis Granados, of her

Image caption Entrepreneur Jun Yu takes three smarthphones out with him everyday Jun Yu can’t resist gadgets. More than 20 smartphones, old tablets and other devices lurk in a corner of his Beijing home – an ever-growing tech junkyard. His apartment also boasts a Google Home smart assistant and an Amazon Echo. “I take three

Image copyright PA Media The parent company of Premier League champions Manchester City has announced a £389m investment from US private equity firm Silver Lake. The deal breaks a record in global sports valuations, making holding company City Football Group (CFG) worth £3.73bn ($4.8bn). The US private equity firm is buying around 10% of CFG’s

Image copyright Getty Images American hip-hop artist Jay-Z has filed a lawsuit against a small Australian retailer over the use of his name and lyrics in its products. The Little Homie is an online retailer selling “hip-hop inspired” clothing and books. The artist, whose real name is Shawn Carter, claims the firm has breached his

Image copyright Getty Images An urgent need to go to the loo prompts most visits to a motorway service station, rather than any particular desire to stop and shop. But the price drivers and their families pay if they then choose to stock up on snacks has been laid bare by mystery shoppers. A bottle

Image copyright Ola Indian ride-sharing firm Ola has begun signing up drivers in London ahead of plans to launch services in the capital “in the coming weeks”. It comes days after rival Uber was denied a new licence to operate in London after repeated safety failures. Ola, which already operates in the UK, said it