Business

Image copyright Getty Images The Bank of England is set to announce whether or not it will change or hold interest rates on Thursday. The Bank’s “base rate” is used by High Street banks and other lenders who set borrowing costs. Some investors think the first cut to the rate since 2016 could be on […]

How do you rise to the top, to lead a company with more than 170,000 employees? Abidali Neemuchwala, boss of the global Indian IT firm Wipro, explains how he found his competitive edge at work, for the CEO Secrets series. Video by series producer Dougal Shaw. Find more business tips at CEO Secrets. You can

Image copyright Getty Images Apple chief Tim Cook said the firm is “closely monitoring” the coronavirus outbreak, which has clouded its forecast for the upcoming quarter. The company has limited travel and reduced store hours in China, while its suppliers’ factories remain closed longer than expected. “The situation is emerging and we’re still gathering lots

Image copyright Getty Images Former stock market trader Navinder Sarao has been sentenced to a year of home detention for helping trigger a brief $1tn (£770m) stock market crash. Dubbed the “Hound of Hounslow” in an ironic reference to the famous “Wolf of Wall Street” fraudster, the Briton was shown leniency by a Chicago judge

Image copyright Getty Images Image caption Navinder Sarao in London in 2016 The self-taught UK trader who made millions in bogus trades and contributed to a brief 2010 crash in the US stock market has been sentenced to a year of home confinement. Navinder Sarao, who pleaded guilty in 2016 to fraud and market “spoofing”,

Image copyright Justin Merriman Image caption Luis von Ahn was born and raised in Guatemala The BBC’s weekly The Boss series profiles different business leaders from around the world. This week we speak to Luis von Ahn, co-founder and chief executive of language learning app Duolingo. If anyone ever doubts the positive impact of immigration

Image copyright Getty Images Image caption You were only supposed to get the name right – his name is Michael Caine Several thousand Aviva customers have received an apology after the insurer mistakenly called them all Michael. The company, which has millions of customers, blamed a “temporary technical error” for the incorrect emails. It stressed

Image copyright Getty Images Royal Bank of Scotland has won a legal case against a property developer who alleged that it ruined his business. Oliver Morley had maintained that RBS’s controversial Global Restructuring Group (GRG) placed him under duress by seizing some of his assets after he struggled to repay a £75m loan. But the

The UK has decided to let Huawei continue to be used in its 5G networks but with restrictions, despite pressure from the US to block the firm. The Chinese firm will be banned from supplying kit to “sensitive parts” of the network, known as the core. In addition, it will only be allowed to account

Image copyright Rex Features Image caption Neil Woodford was sacked from running the fund in October Anne Sweeney was hoping her investments with Neil Woodford would help pay for her new bungalow. But she is one of hundreds of thousands of investors now getting letters to tell them what they will receive as Mr Woodford’s