Business

Image copyright Getty Images Mastercard and Visa have both agreed to cut their fees for tourists using their cards in the EU, after a long-running battle with the European Commission. The credit card firms will now charge retailers around 40% less on non-EU credit and debit cards payments. The European Commission said the deal would […]

Media playback is unsupported on your device Media captionLabour is planning a “revolution” for the UK economy, John McDonnell has told the BBC. Labour is planning a “revolution” for the UK economy, John McDonnell has told the BBC. The shadow chancellor was speaking to Newsnight for a series of reports to mark 40 years since

Image copyright Getty Images It’s a little known fact that economists love bees – or at least, the idea of bees. The Royal Economic Society’s logo is a honeybee. The Fable Of The Bees, published in 1732, uses honeybees as a metaphor for the economy – and anticipates modern economic concepts such as the division

Image copyright Matt Greenslade Image caption Edward Bramson wants a seat on the board of Barclays. A 68-year-old who speaks so quietly that it can be difficult to hear what he says is making a big noise at Barclays bank. Edward Bramson has amassed a 5.5% stake in the bank and on Thursday is urging

Image copyright Getty Images The Office for National Statistics (ONS) says 31% of graduates are overeducated for the job they are doing. For those graduating before 1992, the number was only 22%, but this jumped to 34% for those graduating after 2007. London had the highest proportion of overeducated workers in the UK, with about

Image copyright Piers Fenwick Image caption Piers Fenwick with his sons Matthew and William It’s the dream of many dads: being able to spend more time with their children. For many people, work commitments make it difficult to have as much time as they would like with their growing kids. And right from the start,

Image copyright Getty Images Step inside the offices of Bluescreen and you’ll find some of the UK’s most talented young hackers, dragged from a world of crime to fight for the other side. These computer experts have swapped the confines of their bedrooms for a fairly ordinary looking cyber-security company in Plymouth. Bluescreen employs hackers

Image copyright IRCCA Image caption Uruguay legalised marijuana for recreational use in 2013 Uruguay was the first country in the world to legalise recreational cannabis. Five years after its pioneering law was passed, how’s the industry getting on? “We sold a lot of cannabis on the first day,” says Esteban Riviera, who owns a large,

Image copyright Getty Images Image caption Amazon countries say giving control of the domain to the tech giant could impact on their sovereignty Online retail giant Amazon and the governments of eight South American countries have been given a final deadline to reach an agreement over how to use the “.amazon” web address extension after

Image copyright Getty Images Image caption Spain is still the most popular destination for holidaymakers, says Thomas Cook Fewer British holidaymakers have booked a summer holiday inside the European Union this year amid continuing Brexit uncertainty, Thomas Cook says. The travel firm says almost half (48%) of the holidays it sold up until the end