• You are here:Home
  • Business news

Christy Walton photo via Twitter

Revealed: The richest women in the world collectively worth $114.6bn

Fri, 31 Oct 2014 11:20 am| By Shruti Tripathi Chopra

Total wealth of Walmart owner Christy Walton - $37.9bn.

Playstation baby

Eight terrifying adverts that will make you want to hide in a safe placeVideo

Fri, 31 Oct 2014 11:08 am| By Sophie Hobson

Seriously - they’re horrid


Sting snaps up luxury apartment at Battersea Power Station development

Fri, 31 Oct 2014 10:47 am

“Love at first sight” – that’s how Sting described the luxury flat at the Battersea Power Station redevelopment that he’s just snapped up.

Tube strike

London may see Tube strike after worker sacked for drinking

Fri, 31 Oct 2014 9:37 am

London may see a Tube strike in the next few weeks as London Underground workers are set to be balloted on whether to take industrial action.

Cameron EU at 40

Is the £1.7bn EU top-up bill row overshadowing the government’s even bigger EU bill?

Thu, 30 Oct 2014 12:33 pm| By Harry Cockburn

Is the the storm over EU demands for £1.7bn for budget contributions overshadowing a massive surge in UK payments to the EU?

Crossrail 2 - Boris Johnson and Transport for London's preferred route

We might get a Crossrail 2, and this map shows where it could go

Thu, 30 Oct 2014 11:57 am| By Sophie Hobson

London’s population is set to grow by two million people by the early 2030s, to 10 million.

Brian Blessed index

Brian Blessed is exhorting Tube passengers to purchase remembrance poppies

Thu, 30 Oct 2014 11:49 am| By Harry Cockburn

Brian Blessed’s legendary loud voice has been booming out of speakers across London this morning. Why? Because he wants commuters to buy remembrance poppies to mark the Royal British Legion’s London Poppy Day.

Barclays bank

You won’t believe how much Barclays has put aside to deal with the forex scandal

Thu, 30 Oct 2014 9:35 am| By Sophie Hobson

Barclays is one of the banks being investigated for allegedly fixing the rates of foreign currency exchange (forex) and manipulating the market.

Tesco bag strewn on grass

Tesco bosses face jail as criminal investigation is launched

Thu, 30 Oct 2014 9:06 am| By Sophie Hobson

It’s gone from bad to worse.

Rom Skatepark 2

This 1970s skatepark in east London just gained a Grade II listing

Wed, 29 Oct 2014 11:49 am| By Harry Cockburn

A 1970s concrete skatepark in east London has been awarded a Grade II listing.

White House

White House computers hacked. Is Russia behind the breach?

Wed, 29 Oct 2014 11:19 am| By Shruti Tripathi Chopra

White House computer networks have reportedly been breached by Russian hackers.

ATM pin code

Surge in payday loan “brokers” raiding bank accounts of most vulnerable people

Wed, 29 Oct 2014 11:17 am| By Harry Cockburn

“Payday” couldn’t be further from reality for millions of people who have endured raids on their bank accounts by companies working on behalf of high-interest loan companies in recent months.

Fire at Olympic Stadium

Fire at London's £500m Olympic Stadium causes panic

Wed, 29 Oct 2014 10:53 am| By Shruti Tripathi Chopra

Source: Sarah Nadif

UK border controls

Government migration controls could damage talent flows to UK, says Tory minister

Wed, 29 Oct 2014 9:22 am| By Harry Cockburn

Nick Boles, the Conservative business minister, has become the first among current Tory ministers to argue that government plans to bring down the number of European migrants could deter skilled workers from applying for jobs in the UK.

Tesco's 14-seat luxury jet on the market for £22m

In pictures: Tesco's 14-seat luxury jet on the market for £22m

Tue, 28 Oct 2014 12:09 pm| By Shruti Tripathi Chopra

You all must have heard of Tesco’s “Big Price Drop” by now – its £263m profit overstatement.

Girl summit gender equality

Gender equality will take 81 years, and the UK is behind Rwanda and NicaraguaVideo

Tue, 28 Oct 2014 11:29 am| By Sophie Hobson

The UK is only the 26th most gender-equal country in the world, according to a new index.

Michael Fish, weather forecaster

Sunny spells ahead: Funding confirmed for £97m Met Office supercomputer

Tue, 28 Oct 2014 11:18 am| By Harry Cockburn

Obsession with weather is a famously British trait.

Jack Ma

China's top 100 billionaires are now worth $376bn - who are they?

Tue, 28 Oct 2014 10:59 am| By Shruti Tripathi Chopra

Jack Ma, China’s richest person, is now worth a staggering $19.5bn.

Innovation tech lightbulbs

Only one UK company made a list of the world’s 50 most innovative. This is why…

Tue, 28 Oct 2014 10:53 am| By Sophie Hobson

Something is just not translating here.

Hampstead home Bishop's Avenue

London is the world's most expensive city for luxury new-build homes

Tue, 28 Oct 2014 9:01 am

London is officially the most expensive city in the world for luxury new-build property, according to CBRE.

iPhone Apple haha

Bendy, hairy and blue – the problem with your iPhone 6

Mon, 27 Oct 2014 11:39 am| By Shruti Tripathi Chopra

The iPhone 6 is getting stranger by the day. First, we heard that it bends in pockets, then came the news that it’s

Windowless plane 1

Check out this amazing windowless plane with smart-screen video panels Video

Mon, 27 Oct 2014 11:38 am| By Harry Cockburn

The future of air travel is windowless. 318 years after the British government introduced the window tax, it seems airlines are taking up the baton, as the planes of the future seek marginal gains in efficiency.


Beyoncé teams up with Topshop to launch a clothing brand this year

Mon, 27 Oct 2014 11:07 am| By Shruti Tripathi Chopra

Beyoncé has teamed up with retail mogul Sir Philip Green to launch an “athletic street-wear” brand called Parkwood TopShop Athletic.

Victoria Beckham

Victoria Beckham has just been ranked the UK’s top entrepreneur

Mon, 27 Oct 2014 10:31 am| By Sophie Hobson

“I want to be more famous than Persil,” Victoria Beckham declared at the beginning of her career.

Canary Wharf with Chinese flag superimposed on it

£105bn in 10 years - China's mega investment in British infrastructure

Mon, 27 Oct 2014 10:28 am| By Shruti Tripathi Chopra

What do Thames Water, Heathrow, Harvey Nichols and Canary Wharf have in common? They are all part-owned by China.

Money counting unhappy old man

Over five million Brits are in low-paid jobs - more than ever before

Mon, 27 Oct 2014 9:31 am| By Sophie Hobson

One in six UK workers is in a low-paid job – a record number, according to new research from a think tank.

Stress Lady

One in five European banks just failed a major stress test. So is the UK ok?

Mon, 27 Oct 2014 9:05 am| By Sophie Hobson

The European Banking Authority (EBA) has conducted a “stress test” of 123 European banks, simulating what would happen to them if there was another financial crash.

Travel chaos as trains between Reading and London Paddington cancelled

Bomb scare near Paddington Station as roads closed off

Fri, 24 Oct 2014 1:32 pm

Update: The security alert is now over and roads have been re-opened

Queen Tweets

This is the Queen's first ever Tweet

Fri, 24 Oct 2014 12:08 pm| By Harry Cockburn

It’s not quite The King’s Speech, but today Her Royal Highness the Queen of England used her own fingers to send a tweet from an exhibition at the Science Museum.

Amazon logo building

Amazon destruction: Online retailer loses almost $500m in biggest ever quarterly loss. Here’s why

Fri, 24 Oct 2014 11:34 am| By Harry Cockburn

Amazon’s net losses reached almost half a billion dollars over the past three months, making it the worst quarterly loss in the company’s history, the retail giant has revealed.

Like this? Try our daily newsletter


The EU's bearing on UK politics

How much do we give the EU, and how much do we get back?Video

Fri, 24 Oct 2014| By Robyn Vinter

The UK gave the EU €14.5bn in 2013 (in cash rather than any other kind or benefit), and directly got back €6.3bn.

Cambridge University

Which city has seen the fastest growth in house prices? (Hint: It's not London)

Fri, 24 Oct 2014| By Shruti Tripathi Chopra

Admit it Londoners, you’re pretty smug about how the pricetag of your property is a national obsession.

Buckingham Palace guards

Ammunition found in Buckingham Palace, police officer arrested

Fri, 24 Oct 2014

Scotland Yard arrested a Royal Protection Officer yesterday after ammunition was discovered in a building in Buckingham Palace.

Pay Packet wages money envelope

Here’s why your pay won’t be going up any time soon...

Fri, 24 Oct 2014| By Robyn Vinter

Most private sector employees are unlikely to see above-inflation pay rises in 2015, according to a report.

EU flag

Why has the UK been handed a massive £1.7bn bill from the EU?

Fri, 24 Oct 2014| By Robyn Vinter

Believe it or not, there are downsides to an improved economy – something the UK has just found out.

Battersea Power Station

Check out the lush new roof garden that’ll be on top of Battersea Power Station

Thu, 23 Oct 2014| By Sophie Hobson

It’s going to be one of London’s largest roof gardens – a space more than 350 metres long full of interlacing garden walkways, mini forests of birch trees and free-standing hammocks. There’s even a fitness deck.

WOW air plane

Fly from London to the US for just £99 next year, taxes included

Thu, 23 Oct 2014| By Robyn Vinter

Londoners will soon be able to fly one way to the US for just £99, after an Icelandic airline unveiled a new route.


The illegal drones flying above London... and the chair of the government's drones committee who was “horrified” to discover Google MapsVideo

Thu, 23 Oct 2014| By Robyn Vinter

Drone footage can be breathtaking, capturing aerial views that you just can’t get any other way.

Facebook dislike button

Facebook's UK corporation tax bill: £0

Thu, 23 Oct 2014| By Shruti Tripathi Chopra

Facebook’s UK corporation tax bill last year? Zero, zip, zilch, nada, compared to its net profit of $1.5bn last year.

Tesco plastic bag representing Tesco law

Tesco woes: Profit tumbles, chairman quits & accounting mistake greater than estimated

Thu, 23 Oct 2014| By Shruti Tripathi Chopra

They say the bigger they are, the harder they fall - this rings true for Britain’s biggest supermarket Tesco today.

Liverpoool street bomb scare

Police are investigating a "suspect vehicle" near Liverpool Street Station

Wed, 22 Oct 2014

Update: Cordons have now been lifted as the owner of the vehicle was found

Warren Buffett

Bad things come in threes! More blows for Buffett portfolio

Wed, 22 Oct 2014

Just days after he dumped 245 million Tesco shares, Warren Buffett and his investment company Berkshire Hathaway are back in the news. This time it’s hits on his investments in Coca-Cola and IBM that’s making headlines.

Mike Read writer of UKIP Calypso

UKIP Calypso withdrawn by DJ Mike Read following racism complaints

Wed, 22 Oct 2014| By Harry Cockburn

Former Radio 1 DJ Mike Read has requested that UKIP Calypso, a song he recorded and also performed at the UKIP party conference, be withdrawn from sale following complaints that it was racist.

ban on e-cigarettes

E-cigarettes were banned from London buses, trains & Tubes in August. Why didn't TfL let you know?

Wed, 22 Oct 2014| By Shruti Tripathi Chopra

If you’re reading this on the bus/Tube/train, you may want to put that e-cigarette away right now.

Ryan Coetzee right leaves meeting

Oops – Lib Dem manifesto leaked after strategy chief photographed with document

Wed, 22 Oct 2014| By Harry Cockburn

Ryan Coetzee, right, leaves a meeting. Photo via Twitter

Tesco Lorry

How many billions does Tesco need for a turnaround?

Wed, 22 Oct 2014

A whopping £3bn and strict travel policies – that’s what Britain’s beleaguered supermarket Tesco needs for a turnaround.

Cameron and Osborne House of Commons

Deficit grows as government spending is up 10%. Is the economic plan still working?

Wed, 22 Oct 2014| By Harry Cockburn

The Tories have defined themselves as the party dedicated to cutting the deficit, and the words “the long-term economic plan is working” have practically become a mantra for David Cameron and George Osborne.


Infographic: McDonald's - the facts, figures and controversies of the world's biggest fast food brand

Wed, 22 Oct 2014| By Harry Cockburn

More people across the planet are familiar with the so-called “golden arches” of McDonald’s than they are with age-old icons such as the the 2,000 year-old symbol of Christianity - the crucifix - and the furthest you can get away from a McDonald’s in America is a mere 115 miles, and that’s if you wander into the Nevada Desert.

Satya Nadella magic carpet with money

Revealed! Microsoft boss who said women should rely on "karma" for fair pay earns $84m

Tue, 21 Oct 2014| By Harry Cockburn

Satya Nadella, the Microsoft chief executive who gained unwelcome notoriety this month after saying that women shouldn’t ask for a pay rise, is himself on a blockbuster pay package worth over $84m, it has emerged.

LSE building

KPMG axes £22K sponsorship of LSE sports after men’s rugby club calls women “slags”

Tue, 21 Oct 2014

KPMG has dropped its sponsorship of the London School of Economics (LSE) athletics union (AU) after the university men’s rugby club handed out offensive leaflets during this year’s Freshers’ Fair.

iPhone 6 released

Apple sold 169.2 million iPhones in 2014 - this graph shows the stonking rise of iPhone sales

Tue, 21 Oct 2014| By Shruti Tripathi Chopra

Apple’s “record-breaking” iPhone launch has pushed fourth-quarter earnings to a stonking $8.47bn (£5.24bn).


Why has Waterstones invited guests for a sleepover?

Tue, 21 Oct 2014| By Shruti Tripathi Chopra

Did you hear about the guy who caused a tizzy on Twitter after getting locked inside Waterstones’ Trafalgar Square branch? Well, that story just got better.

travel disruption

Hurricane Gonzalo causes severe travel disruption as Heathrow cancels 10% of flights

Tue, 21 Oct 2014| By Shruti Tripathi Chopra

Heathrow airport had to cancel 10% of its flights with the 20 biggest carriers because of Hurricane Gonzalo that hit the UK yesterday.

Woman inspects money

Infographic: from bartering to Bitcoin - the history of money

Mon, 20 Oct 2014| By Harry Cockburn

Money has been a key part of our species’ history. With huge markets, money has been responsible for helping humans achieve astonishing feats, as well as driving some of our most shameful episodes.

Burberry lad man car rage anger what England

How has Burberry angered over 140,000 people?

Mon, 20 Oct 2014| By Harry Cockburn

Luxury clothes retailer Burberry has kicked up a media storm for all the wrong reasons after an animal welfare group slammed the “horrific” conditions animals endure in fur farms used by the company.

UKIP calypso frankenstein

Here's UKIP’s cringeworthy (but surprisingly catchy) song. We dare you to listenVideo

Mon, 20 Oct 2014| By Robyn Vinter

Just when you thought UKIP couldn’t get any weirder, this happens.

Great firewall of China

Chinese government hires up to 300,000 online trolls to promote Communist Party

Mon, 20 Oct 2014| By Harry Cockburn

It’s certainly not what Tim Berners-Lee had in mind when he devised the technology that brought on the dawn of the internet age.

Hurricane Gonzalo bruises Bermuda

Hurricane Gonzalo set to hit Britain tonight after bruising Bermuda

Mon, 20 Oct 2014

Around 10pm tonight, Britain will be hit by Gonzalo, a hurricane which left Bermuda with a power blackout last week.

Tesco bags trolley

Tesco's £250m profit error: did staff deliberately mislead auditors?

Mon, 20 Oct 2014

Tesco is in for more trouble as investigators are set to reveal this week that the retailer’s £250m accounting mistake was made because of staff “deliberately misleading auditors”.

Like this? Try our daily newsletter