Business

North-South house price divide ‘to narrow’

Image copyright NASA The North-South divide in house prices will narrow in the next five years as property values in northern England rise by a fifth, a report suggests. Estate agent Savills has predicted that British house prices will rise in line with average incomes from 2019 to 2024. But house price growth will range […]

Business

Ikea looks set to open more small stores in the UK

Image copyright IkeaImage caption The first – and only – “Planning Studio” was opened on London’s Tottenham Court Road Swedish furniture retailer Ikea looks set to roll out its smaller city centre store format after seeing a positive response to its first outlet in London. UK boss Javier Quinones said the London shop was a […]

Business

Apple falls below $1tn despite revenue and profit rise

Image copyright Getty Images Apple briefly lost its $1tn valuation on Thursday when its shares fell 7% in after-hours trading despite posting record results. The tech giant’s strategy of charging more for its phones has paid off, with revenues jumping in the last three months despite relatively flat sales. Revenues rose 20% to $62.9bn year-on-year, […]

Business

Mental health ‘calls for flexible sick pay’

Image copyright Getty Images Sick leave and pay should be more flexible, so people with poor mental health can avoid severe financial hardship, a charity has said. The Money and Mental Health Policy Institute said preventative, part-time sick leave would help those facing mental health difficulties. Greater access to insurance products could protect the income […]

Business

Ryanair passengers brace for new bag rules

Image copyright Getty Images Brace, brace. The latest changes to Ryanair’s baggage policies take effect today, meaning passengers who want to take anything more than a small bag on board must pay for the privilege. Only those paying £6/€6 for priority boarding will be able to take a small suitcase of up to 10kg in […]

Business

Retailer Anthropologie ‘deeply regrets’ copying designs

By Vivienne Nunis Business reporter, BBC News Image copyright Anthropologie/Tara BurkeImage caption Anthropologie has apologised after artist Tara Burke highlighted on Instagram that her work (right) had been copied by the retailer US fashion and homewares giant Anthropologie has apologised after it copied an artist’s designs and mass-produced her work without permission. Tara Burke, a […]

Business

Japan bullet train stops ‘scary’ safety drills

Image copyright Getty ImagesImage caption Japan has one of the world’s most reliable railways and is known for its Shinkansen bullet trains A Japanese railway firm has stopped an unusual training drill that required employees to crouch in tunnels while trains rushed past to “feel” the wind speed. The West Japan Railway said the exercises […]

Business

Government must ‘get a grip’ on Sellafield

Image copyright Getty Images The UK government must “get a grip” on spiralling costs and project delays that have plagued the Sellafield nuclear site, MPs have warned. The Public Accounts Committee (PAC) said in a report that some decommissioning projects had already been delayed by more than a decade. It said estimated budget overruns had […]