Business

Image copyright Getty Images Image caption PayPal was one of the first companies to join Facebook’s planned cryptocurrency network Payments firm PayPal has become the first company to pull out of an alliance that is trying to launch Facebook’s digital currency Libra. PayPal made the announcement in a statement on Friday, but did not specify […]

Image copyright Alamy Image caption Harrogate’s commercial property market is the toughest some experts can recall Cream teas, quaint streets and stylish shops have made Harrogate one of the most successful and popular shopping destinations in the north of England. But there are now gaps on its High Street like never before. “Five years ago

Image copyright Denise Sullivan Image caption Denise’s freehold house has more than a dozen ‘restrictive covenants’ on it When Denise Sullivan bought her new build home in Pembroke in 2016 she made sure it was freehold. “I don’t trust landlords and leaseholds. I promised myself I would never get involved with a leasehold property. “Now

India’s Prime Minister Narendra Modi has called on the nation to work towards ending the use of plastic. It comes after India shelved a blanket ban on single-use plastics saying it was too disruptive during an economic slowdown – the proposal had already spooked businesses and manufacturers. Video by Jaltson AC, Pritam Roy, Aakriti Thapar,

Image copyright Getty Images The US unemployment rate has fallen to a 50-year low, possibly easing recession worries after recent weak economic data. The Labor Department figures showed that the rate fell to 3.5% in September from 3.7%, with the economy adding 136,000 jobs last month. In addition, August data was revised up to 168,000

Image copyright Shutterstock Hopes of a big rise in UK car sales in September have been dashed, spreading more gloom about the sector’s health. Sales in what is the industry’s second most important month rose 1.3% from a year earlier, well below the double-digit growth hoped for. In the first nine months of the year,

Media playback is unsupported on your device Media captionA man smashed up his Japanese-made car in protest at the trade dispute Japanese car sales in South Korea fell again last month, as a trade row between the two countries continues to simmer. Toyota sales slumped 62% in September from a year earlier, while Nissan and

Image copyright PA Image caption Bob Dudley has been BP’s chief executive for the past nine years BP’s chief executive Bob Dudley is stepping down from the oil giant next year, becoming the latest FTSE 100 boss this week to announce plans to leave. Mr Dudley, who has spent 40 years with BP and the

Image copyright Getty Images Failings in the market for home and car insurance mean consumers are overpaying by about £1.2bn year, the City regulator has concluded. In an interim report into the market, the Financial Conduct Authority said competition was not working and that loyal customers were being penalised. Consumers who do not switch or

Image copyright Lucy Holligan My Money is a new series looking at how people spend their money – and the sometimes tough decisions they make. Here, Lucy Holligan from Leicester, records her spending over a week, and shares tips for saving including a cheap, healthy recipe suggestion. We’re looking for more people to share what