Business

Image copyright Getty Images A lot of us love a bargain outfit – we buy fast, we buy cheap and we too often wear things once and then throw them out. But “fast fashion” is a major contributor to greenhouse gases, water and air pollution, creates problematic levels of waste, and often comes with poor […]

Image copyright Getty Images Image caption Maxine Waters says Facebook has a troubled past A US lawmaker has said Facebook should delay the launch of its Libra crypto-currency – hours after the social network formally announced the project. Libra, set to be launched next year, will let people make payments via Facebook’s apps and WhatsApp.

Image copyright Tesco Shares in supermarkets have fallen sharply after Tesco said it was considering plans for a new chain of high-end convenience stores. The proposal for a chain based on its Tesco Finest food range comes nine months after the supermarket giant opened discount retailer Jack’s. Although Tesco has set no date for its

Image copyright Kurt Arrigo Image caption Air Malta has turned loss in to profit after embracing the “API economy” Air Malta managed to turn its business around after two decades of losses and soar with the big boys and girls in the airline industry. But how? Air Malta is a tiny operator with 10 aircraft

First-time buyers are bypassing flats and moving straight into houses – leading to a fall in the cost of apartments, official figures suggest. The cost of a typical apartment or maisonette in England has fallen by 2.1% in a year, while other types of property have become more expensive. Experts suggest people are buying their

Image caption The three Chief Ministers – Guernsey’s Gavin St Pier, Jersey’s John Le Fondre and the Isle of Man’s Howard Quayle Secret company records in Guernsey, Jersey and the Isle of Man will become publicly available, the islands said. The beneficial ownership registers, which show the ultimate owner of a company, are currently only

Image copyright Getty Images Image caption Li Ka-Shing Hong Kong’s richest man Li Ka-Shing has pledged to pay the tuition fees for a class of Chinese university students through his charitable foundation. The Li Ka-Shing Foundation will fund Shantou University’s 2019 incoming class for up to five years. Mr Li, aged 90, is worth $30.4bn

Whitbread, the UK’s largest hotel operator, has blamed “weak trading conditions” for a fall in demand for its rooms. Sales at Whitbread’s Premier Inns open at least a year fell 4.6% in the first three months of 2019. Total sales fell about 1%. As political and economic uncertainty continued, the regional business market was less

Image copyright Getty Images US and China will resume trade talks ahead of a meeting between their leaders at a G20 summit next week, US President Donald Trump has said. Mr Trump said on Twitter he had a “very good” call with Chinese President Xi Jinping and their teams would start talks before they met

Image copyright Getty Images As a care worker Liam Doherty knows all too well, if you’re in a low-paid job, the slightest setback can capsize your finances. The Irishman moved to the UK in September 2013, bringing his wife Debbie and four children from County Limerick to take up a job in Dawlish in Devon.