Business

Image copyright PA Every adult in the UK should receive a weekly basic income of £48, according to the recommendations in a new report. The move could be paid for by scrapping more than 1,000 tax reliefs, a report by Professor Guy Standing, a professor at SOAS University suggests. The Labour Party – which has […]

Image copyright Neil Garnham Image caption Neil Garnham lost £350 to scammers “I considered myself quite savvy but now I’m suspicious of everybody.” Neil Garnham from Rochester, Kent, works in an industry dealing with cold hard cash. He’s so careful with his money, he doesn’t even own a credit card. But when he tried to

Image copyright Reuters It was called one of the worst investment decisions of all time. Twenty years ago on Tuesday, then Chancellor of the Exchequer Gordon Brown said he was selling tonnes of Britain’s gold reserves. Trouble was, his timing could barely have been worse. “It was the bottom of gold’s two-decade bear market,” says

Image caption Food for thought: tech entrepreneur Lin Liu believes “winter is coming” for tech firms China’s once scorching tech sector is cooling off. “Winter is coming,” laughs Lin Liu, a 29-year-old Shanghai tech worker. Electric vehicles, industrial robots, and microchip production all slowed recently. Big firms like Alibaba, Tencent, and search engine Baidu have

Image copyright Getty Images Google says it will investigate examples of adverts leading search results for companies offering to carry out a service for a higher fee than the official channels. For example, a search for the term “driving licence application” in the UK led to a firm charging £49 ($64) for a change of

Image copyright Getty Images Stock markets in China and Europe have been hit after US President Donald Trump threatened new tariffs on China, putting a trade deal in doubt. He said on Twitter the US would more than double tariffs on $200bn (£152bn) of Chinese goods on Friday and would introduce fresh tariffs. Recent comments

Image copyright Emma Leivers Image caption The husband and wife team sold a car and then their home to raise funds for the business The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Ali and Dom Beaven, the husband and wife owners of online wedding

Image copyright Getty Images Donald Trump has said he will raise tariffs on $200bn (£152bn) of Chinese goods, because talks on a US-China trade deal are moving “too slowly”. The US president tweeted that tariffs of 10% on certain goods would rise to 25% on Friday, and $325bn of untaxed goods could face 25% duties

Image copyright Reuters Warren Buffett has said he wants to invest more in the UK and other parts of Europe, despite uncertainty over the UK’s future relationship with the EU. The US investment guru said he would like his firm, Berkshire Hathaway, to be better known across the Atlantic. “We’re hoping for a deal in

Image copyright Google Image caption Cockburn Street is one of the street that will be closed to traffic on Sunday A number of Edinburgh’s city centre streets are being closed to traffic under plans to reduce air pollution. The city will make history when it becomes the first in the UK to join the Open