Business

Image copyright Thinkstock The average salary for chief executives fell by 13% between 2017 and 2018, but they still earned 117 times more than the average UK full-time worker, a report has found. A boss of one of the UK’s largest listed 100 companies earns £3.5m a year on average, the CIPD, the professional body […]

Image copyright Gareth Fuller/ PA Image caption An estimated 240,000 UK businesses trade with the EU The government has said it will start automatically enrolling UK firms in a customs system as it speeds up its preparations for a no-deal Brexit. The move will enable UK firms to continue to trade with EU member states

Image copyright Getty Images Image caption US ambassador Averell Harriman between Winston Churchill and Joseph Stalin at the Kremlin Moscow, 4 August, 1945. The European chapter of World War Two was over, and the US and the USSR were pondering their future relationship. At the American embassy, a group of boys from the Young Pioneer

Oatly is a company which makes a range of milks out of oats. Since its products are plant-based, rather than animal-based, it says this makes it an environmentally ethical business. This is a big selling point with millennials, says CEO Toni Petersson. But, he adds “if you’re going to be ethical, you need to back

Image copyright Getty Images President Donald Trump has confirmed he is considering a new, temporary payroll tax cut to help boost the US economy. White House officials had earlier dismissed reports that the administration was discussing the move. But speaking to reporters, the president said a “payroll tax is something that we think about, and

Image copyright Cuadrilla Image caption Cuardrilla have recently resumed fracking for shale gas in Lancashire Previous projections of the potential amount of shale gas under the UK may have been significantly overestimated, according to a new study. Instead of 50 years of gas at the current rate of consumption, this new research suggests there are

Image copyright Savills Image caption Seton Castle in East Lothian is now a 13-bedroom family home A Scottish castle with links to Mary Queen of Scots has gone on the market for more than £8m. Seton Castle in East Lothian was built with stone from a palace said to be the Stuart queen’s favourite retreat.

Image copyright Getty Images More than £28m of overpayments on student loans in England are being held by the government, researchers have discovered. It is the result of cases in which repayments continued to be taken even though loans had been paid off in full. The Student Loans Company says it has tried to contact

A no-deal Brexit could cost the farming industry £850m a year in lost profits, new research seen by the BBC suggests. Farm business consultants Andersons said that without government support increasing significantly, some farms would inevitably struggle to survive. The author of its research described a no-deal Brexit as a greater challenge than the BSE

Image copyright PA Media Image caption All services in and out of King’s Cross station were suspended after the blackout A lightning strike and the rare loss of two large generators from the system caused nearly a million people to lose power in England and Wales earlier this month, an interim report has found. The