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US imposes new tariffs on $200bn of Chinese goods

US imposes new tariffs on $200bn of Chinese goods

Image copyright Getty Images Image caption Suitcases, handbags, toilet paper and wool are included in the latest tariffs The US is imposing new tariffs on $200bn (£150bn) worth of Chinese goods as it escalates its trade war with Beijing. The higher import taxes will apply to almost 6,000 items, marking the biggest round of US […]

Anger mounts over House of Fraser gift cards

Anger mounts over House of Fraser gift cards

Image copyright EPA Fed-up House of Fraser customers fear they will end up out of pocket as the company has gone silent about replacing the retailer’s gift cards. When it was bought by Sports Direct, concerned customers were told to send in gift cards for “a replacement”. But a month after the August deal, they […]

‘I dialled into work and prayed my baby wouldn’t wake up’

‘I dialled into work and prayed my baby wouldn’t wake up’

Image copyright Melissa Brooker Image caption Melissa Brooker and her daughter, Isabelle, now aged five Melissa Brooker had been in her job as a senior HR director for 10 years and “loved every minute of it”. Then she had her first child. “Sadly, the year I returned took the shine off for me,” she says. […]

Ex-UBS trader gets last-minute reprieve from deportation

Ex-UBS trader gets last-minute reprieve from deportation

Kweku Adoboli, the former UBS trader convicted of fraud, has been given a temporary reprieve from deportation to Ghana, where he was born. Adoboli was expected to be put on a charter flight late on Tuesday, but a judge has awarded a last-minute judicial review of his case. The reprieve will last “until such time […]

New 100 and 200 euro notes unveiled

New 100 and 200 euro notes unveiled

Image copyright Getty Images The design for the new €100 and €200 bank notes has been unveiled, ahead of entering circulation in May next year. Both notes have new security features which are aimed at making them more difficult to counterfeit. The new notes are smaller than the current versions, meaning they will fit better […]

Jaguar workers put on three-day week until Christmas

Jaguar workers put on three-day week until Christmas

Image copyright JLR About 1,000 workers at Jaguar’s Castle Bromwich plant in Birmingham will move from a five-day to a three-day week from October until Christmas. Jaguar Land Rover said it was making “temporary adjustments to our production schedules” at the factory. It affects about half the plant’s 2,000 workers, who will remain on full […]

No-deal Brexit would hit UK economy, says IMF

No-deal Brexit would hit UK economy, says IMF

Image copyright PA Image caption Christine Lagarde was speaking at a news conference at the Treasury The International Monetary Fund has warned that a “no-deal” Brexit on World Trade Organization terms would entail “substantial costs” for the UK economy. The IMF said that all likely Brexit scenarios would “entail costs”, but a disorderly departure could […]

Ex-UBS trader makes last-ditch bid to block deportation

Ex-UBS trader makes last-ditch bid to block deportation

Kweku Adoboli, the former UBS trader convicted of fraud, is making a last-ditch bid to block his deportation to Ghana, where he was born. He expected to be put on a charter flight late on Tuesday, his lawyer said. Adoboli’s legal team is seeking an injunction and a judicial review of the decision, arguing his […]

Unilever relocation plan rejected by major shareholder

Unilever relocation plan rejected by major shareholder

Image copyright Reuters One of the top shareholders in Unilever has said it will vote against the firm’s plan to move its headquarters to the Netherlands, amid growing investor concern about the plan. Aviva Investors told the BBC the move could force UK shareholders to sell their shares and offered “no upside”. Unilever, which makes […]

WEF: Robots ‘will create more jobs than they displace’

WEF: Robots ‘will create more jobs than they displace’

Image copyright Getty Images Image caption Robots are expected to replace millions of jobs Millions of jobs are likely to be displaced by automation but we have less to fear from robots than some might think, a report from the World Economic Forum has suggested. The Swiss think tank predicts that robots will displace 75 […]

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