Business

Image caption Stuart Rowley said charging infrastructure is “absolutely critical” in encouraging more people to buy electric cars. The boss of Ford Europe has raised concerns about a possible 2032 ban on petrol, diesel and hybrid cars. The date was suggested by Transport Secretary Grant Shapps as part of a range of potential dates the […]

Image copyright Getty Images Following the shock resignation of Chancellor Sajid Javid, a new chancellor has been appointed. With just four weeks to go until the Budget, one of the main events in the calendar for the UK Treasury, Mr Javid has been replaced by new Chancellor Rishi Sunak. So who is Mr Sunak, and

Image copyright PA Media Sajid Javid has resigned as chancellor as Boris Johnson carries out a post-Brexit cabinet reshuffle. Mr Javid rejected an order to fire his team of aides, saying “no self-respecting minister” could accept such a condition. He has been replaced as chancellor by Chief Secretary to the Treasury Rishi Sunak – who

Image copyright Getty Images Facebook has delayed the launch of its new dating feature in Europe, after a last-minute visit by officers from the Irish Data Protection Commission (DPC). The DPC said it had been told about the feature just 10 days ahead of the planned launch and “no information or documentation was provided to

Image copyright Getty Images British Gas owner Centrica has blamed a big loss in 2019 on the energy price cap and falling gas prices. Centrica made a loss of £849m in the year ended 31 December compared with a £987m profit the year before. That sent the share price tumbling by 15% in early trading

Image copyright Getty Images Image caption Barclays chief executive Jes Staley has the full confidence of the board, the bank said UK regulators are probing Barclays chief executive Jes Staley’s links with sex offender Jeffrey Epstein. The probe by the Financial Conduct Authority and Prudential Regulation Authority will focus on Mr Staley’s “characterisation to the

Image copyright Matthew Horwood Oils, snacks and drinks containing the cannabis extract cannabidiol (CBD) will be “taken off the shelves” next year if they do not gain regulatory approval. The Food Standards Agency (FSA) said products had to be registered by March 2021 or they would be pulled. Despite rising sales of CBD goods, not

In his early twenties, Bradley Woodhouse thought there was only one aim in business: to make money. But then he developed malignant brain cancer and came close to death. He says the experience showed him his true mission in life: “To start a business that really gave me a purpose in life.” Now his health

Image copyright Nestle Nestle has axed its range of chocolate that used a new low-sugar technique, less than two years after it was launched. The Swiss food giant said demand for its Milkybar Wowsomes had been “underwhelming”. The bars used what Nestle described as “hollow” sugar crystals to cut the amount of sugar by almost

Image copyright F Hinds Image caption Andrew Hinds fears for the future of smaller town centres if there is no change For one national chain of jewellers, the government’s business rates system is having a devastating effect on retail outside big cities and shopping malls. Andrew Hinds, a director at family-run firm F Hinds, says