Business

Image copyright Getty Images Image caption Some 339 million guest records were compromised The UK’s data privacy regulator has said it plans to fine the US hotel group Marriott International £99.2m. The penalty relates to a data breach that resulted in about 339 million guests’ having had their personal details exposed. The incident is thought […]

Image copyright Reuters France is set to introduce an “eco-tax” for all flights from French airports, the government has said. The tax is expected to raise about €180m ($202m; £162m) from 2020, said Transport Minister Elisabeth Borne. The amount of the tax will depend on the type of ticket being bought. Economy class tickets on

Image copyright BMW BMW has given a boost to the UK car industry by confirming that the production of its new electric Mini will start in Cowley in November. Deliveries of the brand’s first fully electric car will start in March 2020. Earlier this year, a BMW board member said the company would have to

Media playback is unsupported on your device Media captionIgnazio Visco: The markets are making us pay for uncertainty While it’s easy to get distracted by trade wars or Brexit uncertainty, there’s a financial iceberg on the horizon that could threaten all our well-being. Over the years, Italy’s government has built up more than £2 trillion

Image copyright Getty Images Chinese and Indian ethnic group workers have higher average earnings than their white British counterparts, the first official figures on the issue show. But the data on the ethnicity pay gap, showed all other ethnic groups have lower wages than white British workers. The Office for National Statistics said employees in

Image copyright HFRS Online delivery firm Ocado has revealed that the fire which ripped through its Andover warehouse in February cost £110m. The company has already claimed millions of pounds back from its insurers and eventually expects to be able to reclaim all the cost. Even so, the cost of the fire drove it to

Image copyright PA The government’s attempts to find a technological solution to its Irish border Brexit problem have run into immediate difficulties with its own business advisers. The BBC has obtained internal documents, including the terms of reference which some of its business experts are refusing to sign off on. They are concerned the terms

Image copyright Miles Willis The government is pumping nearly £40m into improving the infrastructure for electric vehicles despite a sharp drop in hybrid car sales after state-funded grants were axed. The Department for Transport will invest in UK engineering to “transform” the network of electric charge points. Sales of plug-in hybrid vehicles slumped by 50.4%

Image copyright EA Four children spent nearly £550 in three weeks buying player packs to play the Fifa football video game online on the family’s Nintendo Switch console. In Fifa, special players can be bought in packs, but the contents are only revealed after payment is completed. The children’s father, Thomas Carter, had bought them

Image copyright Getty Images Image caption Before you open that restaurant, are you biting off more than you can chew? Every year, hundreds of thousands of people in the UK go self-employed by setting themselves up as sole traders. But one in five of them will go bust in the first year. Why? Well, according