Business

Image copyright The Royal Mint/PA Media Image caption One coin sees Paddington outside the Tower of London They may not be enough to buy a decent jar of marmalade, but new 50p coins featuring Paddington Bear have entered circulation. Two new coins – featuring the bear from darkest Peru at the Tower of London and […]

Image copyright Getty Images Image caption Swarovski’s jewellery is popular in China Jewellery firm Swarovski has apologised to China for erroneously describing Hong Kong as a country on its website. Several firms have come under scrutiny recently for not adhering to China’s territorial claims. Versace apologised at the weekend after an image on one of

Image copyright Getty Images Wage growth in the UK picked up to 3.9% in the year to June, the highest rate for 11 years, according to Office for National Statistics figures. However, the unemployment rate in the April-to-June period edged up slightly to 3.9%. The employment rate was estimated at 76.1%, the joint highest since

Image copyright Getty Images Image caption Parents said they spent hundreds of pounds per child on their school uniform It’s the time of year when many parents are buying their children’s school uniform – which some say can cost in excess of £200. Do schools need to relax their rules on branded clothing to help

The UK can avoid severe disruption in the event of a no-deal Brexit, the boss of one of the country’s leading retailers has told the BBC. Lord Wolfson, chief executive of clothing firm Next, said he still hoped a deal could be done before 31 October. But he said the government’s increased focus on contingency

Image copyright Zumba Image caption Beto Perez now co-owns a $500m global business The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Beto Perez, co-founder of exercise class company Zumba Fitness. When Beto Perez forgot something as a teenager, little did he know that it

Image copyright Getty Images Even by the standards of Argentina’s very volatile financial markets, it was a brutal meltdown. In a matter of hours, the country’s main stock index Merval – which represents the most heavily traded shares – shed 37% of its value. The national currency lost almost 30% of its value against the

Image copyright Getty Images Bosses of more than 50 retailers including Asda and Boots have written to the chancellor urging him to change tax rules to boost the UK High Street. The group said it wanted him to fix the “broken business rates system”, which it called outdated. It said the tax had jumped by

Image copyright Reuters The UK is “first in line” for a trade deal with the US, President Trump’s National Security Adviser has said. John Bolton said the US supported a no-deal Brexit and added that Washington would propose an accelerated series of trade deals. According to Mr Bolton, deals could be done on a “sector-by-sector”

Image copyright Reuters One of the UK’s biggest consultancies has ousted the head of its financial services consulting division, following a probe into alleged misconduct. A spokesperson for KPMG confirmed that Tim Howarth had left the company. “We hold all of our people to a very high standard and take swift and appropriate action against