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October 18, 2019
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The spectacular fall of money manager Neil Woodford

BBC
https://www.bbc.co.uk/news/business-50094982 Image copyright Ultimate Images Image caption Neil Woodford last in competition on one of his horses, finishing 12th Every rider knows that after a bruising fall you should get back on the horse, if you can. This week, stockpicker Neil Woodford – an equestrian enthusiast – was unseated, told...
BBC - Business

Are young Brits falling out of love with the cuppa?

BBC
https://www.bbc.co.uk/news/business-50101859 Image copyright Getty Images Traditional cups of tea are falling out of vogue with young people in the UK, according to PG Tips and Lipton owner Unilever. The consumer goods giant has said that Generation Z and millennial consumers much prefer herbal teas and coffees instead. As a result,...
BBC - Business

Boeing staff messaged about 737 Max issue in 2016

BBC
https://www.bbc.co.uk/news/business-50101766 Image copyright AFP Boeing employees exchanged instant messages about issues with the automated safety system on the 737 Max as it was being certified in 2016. In documents provided by Boeing to lawmakers, a pilot wrote that he had run into unexpected trouble during tests. He said he had...
BBC - Business

Asbestos discovery triggers Johnson & Johnson baby powder recall in US

BBC
https://www.bbc.co.uk/news/business-50101758 Image copyright Getty Images Health care giant Johnson & Johnson has recalled 33,000 bottles of baby powder in the US, after health regulators found trace amounts of asbestos in a bottle purchased online. The company said it had launched an investigation and repeated prior tests have not found asbestos....
BBC - Business

The UK universities benefitting from opioid money

BBC
https://www.bbc.co.uk/news/business-50094659 Image copyright Alamy King’s College in London received £2m from members of the Sackler family, whose pharmaceutical firm is accused of helping to fuel the US opioid crisis. The Dr Mortimer and Theresa Sackler Foundation gave £5.2m to mostly UK universities and charities in 2018, according to its latest...
BBC - Business

Barclays board ‘approved’ controversial Qatar deal

BBC
https://www.bbc.co.uk/news/business-50094931 Image copyright Getty Images Image caption Richard Boath is one of the three ex-Barclays executives on trial An agreement at the centre of fraud charges against ex-Barclays executives was written by the bank’s lawyers and approved by its board, a court heard. Barclays agreed to pay Qatari investors £42m...
BBC - Business

Sainsbury’s to stop selling fireworks

BBC
https://www.bbc.co.uk/news/business-50094658 Image copyright Getty Images Image caption Some have called for firework sales to be banned to protect pets and the vulnerable Sainsbury’s has become the first major supermarket to stop selling fireworks at its 2,300 stores across the UK. The company said it made the decision following a regular...
BBC - Business

China economy: Third quarter growth misses expectations

BBC
https://www.bbc.co.uk/news/business-50092788 Image copyright Getty Images China’s economy grew at its slowest pace since the early 1990s in the third quarter, official figures showed. In the three months to September, the economy expanded 6% from a year earlier, falling just short of expectations for 6.1% growth. The slowdown comes as China...
BBC - Business

IMF: What is it and why does it matter?

BBC
https://www.bbc.co.uk/news/business-50069765 Image copyright Getty Images/AFP The people charged with protecting the world’s economy are meeting in Washington this week. The decisions made by the International Monetary Fund (IMF) affect people around the world. But what is the IMF, why is it important, and what criticism does it face? What is...
BBC - Business

Banning out-of-hours email ‘could harm employee wellbeing’

BBC
https://www.bbc.co.uk/news/technology-50073107 Image copyright Getty Images Banning staff from accessing their work emails outside office hours could do more harm than good to employee wellbeing, a study suggests. University of Sussex researchers found while a ban could help some staff switch off, it could also stop people achieving work goals, causing...
BBC - Business

Savile Row tailors caught up as US tariffs come in

BBC
https://www.bbc.co.uk/news/business-50043349 Image copyright Richard James Sean Dixon, co-founder of Richard James, says the Savile Row tailor feels “a bit like collateral damage”. He and the other bespoke tailoring firms who line the world-famous London street feel bruised because, from Friday, every suit they sell to the US faces a new...
BBC - Business

Kevin McCloud property firms face liquidation

BBC
https://www.bbc.co.uk/news/business-50080813 Image copyright Getty Images Image caption TV presenter Kevin McCloud founded the two companies, which have called in the liquidators People who put money into two businesses started by Grand Designs star Kevin McCloud face the prospect of losing almost their entire investment. HAB Land Finance, named after Mr...
BBC - Business

Christian Dior apologises to China over map error

BBC
https://www.bbc.co.uk/news/business-50078886 Image copyright Getty Images Christian Dior has become the latest foreign brand to apologise to China for misrepresenting its territory. The French luxury brand was criticised on Chinese social media site Weibo for reportedly using a map of China that excluded Taiwan at a presentation. The company apologised for...
BBC - Business

Online fashion twice as ‘racy’ as High Street

BBC
https://www.bbc.co.uk/news/business-49987037 Online fashion stores are more likely than traditional retailers to use images that a Google tool classifies as “racy”, BBC research finds. Google uses the term “racy” to describe skimpy or sheer clothing, strategically covered nudity or provocative poses. One of the companies analysed, Missguided, said its site reflected...
BBC - Business

BA passengers: cabin fumes gave us breathing problems

BBC
https://www.bbc.co.uk/news/business-50074402 Image caption Gayle Fitzpatrick believes the fumes she inhaled have affected her health Passengers on a British Airways flight to Valencia which filled with smoke mid-air have told the BBC they are still experiencing breathing difficulties two months on. Gayle Fitzpatrick, 40, from Glasgow says she is breathless walking...

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