Business

Image copyright Newscast Mothercare is looking to move its UK pension schemes across to its international business in order to help preserve benefits for scheme members. The company is examining a deal that would stop the funds being placed in the UK Pension Protection Fund (PPF). If the pension schemes enter the industry-funded lifeboat it […]

Image copyright Getty Images A government plan to create 200,000 new homes for first-time buyers has resulted in no homes being built, the National Audit Office has found. Announced in 2014, “starter homes” were meant to be aimed at those under the age of 40 and sold at a 20% discount. But legislation to take

Image copyright Getty Images Image caption Asian car markers lead the hydrogen car market It’s a question I couldn’t avoid as I drove across central England in a borrowed car powered by a hydrogen fuel cell. The Hyundai ix35 was fast, eerily quiet – they’ve installed a little electronic jingle so you can tell when

Image copyright Getty Images For many parents, Mothercare inspires warm memories of buying baby clothes or shopping for their first pram. But cold, hard reality has finally caught up with the retailer and it has announced plans to put its UK business into administration. Some 2,500 UK jobs are now on the line after Mothercare

Image copyright Gary Lyon Australian businessman Gary Lyon still thinks it was “bizarre” that he lost his senior management job for dating a junior colleague. But it all turned out for the best in the end – he has been married to Tamra for 12 years and they have an 11-year-old daughter, Charlotte. Now Mr

Image copyright YouTube Image caption OneCoin’s promoters claimed it would deliver a “financial revolution” The trial of a US lawyer accused of laundering some of the proceeds from the OneCoin cryptocurrency “scam” has begun in New York. Mark Scott is accused of routing approximately $400m (£310m) out of the US while trying to conceal the

Image copyright Getty Images Image caption Fracking at Cuadrilla Resources site in Lancashire in August caused a 2.9 magnitude earth tremor Energy company Cuadrilla has said it hopes to “address concerns” about fracking so that a moratorium announced by the government can be overturned. At the weekend, ministers called a halt to the practice following

Image copyright duncan carson Image caption Duncan Carson is taking advice from his union after rejecting the new terms Duncan Carson has just lost his job as a baker at an Asda store near Stoke, but he is preparing to put up a fight. He is among the Asda workers who have been sacked after

Image copyright Getty Images Shares in UK betting firms have fallen after a cross-party group of MPs called for measures to overhaul online gambling and protect vulnerable people. The MPs have called for a limit on the maximum stakes on online slot machines, similar to the £2 limit brought in for fixed-odds betting terminals (FOBTs).

Image copyright Getty Images Microsoft Japan said sales had been boosted by nearly 40% during an experiment in which staff worked a four-day week on full pay. Offices were closed on every Friday of August 2019 and full-time staff were given “special leave”, which was paid. Meetings were restricted to a maximum of 30 minutes