Business

Image copyright Getty Images Apple has joined a growing chorus of firms urging the Trump administration to drop a plan for more US tariffs on Chinese goods. The US has said it may impose duties on $300bn (£236.1bn) worth of Chinese products if the two sides can’t reach a trade deal. In a letter, Apple […]

Media playback is unsupported on your device Media captionClimate change protesters interrupt Chancellor Philip Hammond’s speech Climate change protesters disrupted the beginning of Chancellor Philip Hammond’s Mansion House Speech. They were removed from the City of London event after several minutes and Mr Hammond was able to continue soon afterwards. “The irony is that this

WASHINGTON ― As the Donald Trump administration prepares more regulations to strip poor people of food benefits, Republicans on Capitol Hill are launching something of a charm offensive. During a hearing Thursday, Republicans pointed to 66-year-old Rob Undersander, a retired Minnesota millionaire who signed up for federal food assistance last year just to prove that

Bank of England Governor Mark Carney is expected to give Facebook’s proposed digital currency Libra a cautious welcome in a major speech on Thursday. He will say it could could substantially lower costs and increase financial inclusion, but needs regulation. Mr Carney is also expected to announce that non-banks will be able to hold Bank

Monsoon Accessorize is calling on landlords to approve rent reductions on some of its 258 leased stores as part of a restructuring of the troubled High Street chain. The two chains operate under separate names and are asking for rent cuts on 135 stores after a period of “difficult” trading. To win support from landlords,

Image copyright AFP The latest blockbuster tech flotation hits Wall Street later when shares in messaging app Slack start trading. But the company has chosen an unusual route, effectively cutting out many of the advisers – and their fees – that take companies to the stock market. Slack has chosen a direct listing, where the

Image copyright Phil Coomes Image caption Sheilla Addy-Tely and her son Ethan visit the cafe three times a week It’s a normal morning at a busy north-east London cafe. Cutlery clinks as people eat and chatter with those on neighbouring tables and children shout greetings as friends from school come through the door. But Eggs

The Bank of England has said it expects economic growth to be flat in the second quarter of the year. The Bank’s Monetary Policy Committee (MPC) had previously predicted growth of 0.2% over the period. The committee said the downgrade in part reflected an easing of stock building ahead of Brexit deadlines. The forecast came

Image copyright Getty Images A UK government-backed bank, set up to boost lending to small firms following the financial crisis, has loaned £500m since 2012, official figures show. New data from the British Business Bank shows London has gained a disproportionate share of the funds, with 14,000 of nearly 70,000 start-up firms loaned £118m. Fewer

Slack Technologies, a messaging service used by companies across the world, has been valued at around 16 billion dollars. It’s one of several high-profile tech companies, including Uber and Lyft, going public this year. But plenty of companies which are valued at billions are yet to make a profit. The BBC’s Consumer Correspondent Colletta Smith