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Appeals Court Seems Skeptical About Constitutionality of Obamacare Mandate 9 Jul 11:51pm Updated Appeals Court Seems Skeptical About Constitutionality of Obamacare Mandate
A three-judge panel heard 90 minutes of oral arguments in a closely watched case that threatens the health coverage of millions.
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Currencies in USD
GBP 1,29 +0,698%
EUR 1,11 +0,269%
CHF 1,01 +0,197%
Ross Perot’s Warning of a ‘Giant Sucking Sound’ on Nafta Echoes Today 9 Jul 11:45pm Ross Perot’s Warning of a ‘Giant Sucking Sound’ on Nafta Echoes Today
The Texas tycoon’s case on trade anticipated Donald Trump’s arguments two decades later.
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9 Jul 11:43pm Mexican finance minister quits with critical letter
Mexico's Carlos Urzúa said there were discrepancies in economic matters in letter made public on Twitter.
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The Jeffrey Epstein Case Was Cold, Until a Miami Herald Reporter Got Accusers to Talk 9 Jul 9:12pm Updated The Jeffrey Epstein Case Was Cold, Until a Miami Herald Reporter Got Accusers to Talk
The case seemed cold when a Miami Herald investigative journalist started looking into it. Then she persuaded accusers to tell their stories.
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Houston to Host Third Democratic Debate on ABC 9 Jul 9:02pm Houston to Host Third Democratic Debate on ABC
A smaller field of candidates is expected for the third televised debate sponsored by the Democratic Party, which is finishing plans for the event in September.
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9 Jul 8:10pm Updated Trump Dealt the Fed a Losing Hand. Now It’s Powell’s Play.
The Fed may create political waves no matter what it does with rates at its meeting this month. The central bank’s thinking will be clearer this week.
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A Former Vanity Fair Writer Criticizes the Handling of Her 2003 Profile of Jeffrey Epstein 9 Jul 7:12pm Updated A Former Vanity Fair Writer Criticizes the Handling of Her 2003 Profile of Jeffrey Epstein
The arrest of the financier reopened old wounds in the world of magazine journalism, with the writer Vicky Ward accusing the editor Graydon Carter of having toned down an article.
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Ross Perot, Brash Texas Billionaire Who Ran for President, Dies at 89 9 Jul 7:05pm Updated Ross Perot, Brash Texas Billionaire Who Ran for President, Dies at 89
Mr. Perot made a fortune in computer services, mounted bizarre paramilitary missions in Asia and was a strong third-party hopeful in the 1990s.
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9 Jul 7:02pm Goodbye to the Beetle
VW is stopping production of the Beetle, ending 80 years on the road for the iconic car.
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Watchdog finds work of Patisserie Valerie auditor unacceptable 9 Jul 7:01pm Watchdog finds work of Patisserie Valerie auditor unacceptable
Grant Thornton worst performer in Financial Reporting Council’s annual review
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Only big fines will change how the auditors audit 9 Jul 7:01pm Only big fines will change how the auditors audit
Splitting a firm’s audit and consulting functions has merit but only large penalties will affect proper change
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Brexit ferry fiasco could be repeated, MPs warn 9 Jul 7:01pm Brexit ferry fiasco could be repeated, MPs warn
Committee says Whitehall must step up no-deal plans or risk more botched deals like Seaborne Freight The rushed, botched procurement of ferry services for a no-deal Brexit which cost the taxpayer nearly £85m could be repeated unless Whitehall urgently steps up contingency preparations for a 31 October withdrawal, MPs have warned. A critical report from the public accounts committee said the Department for Transport took “excessive risks”, resulting in a £33m payment to Eurotunnel to settle legal action, on top of the
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Demands for probe into claims lenders forged signatures to evict people from their homes 9 Jul 6:09pm Demands for probe into claims lenders forged signatures to evict people from their homes
Lloyds Bank is one of a handful of firms accused of systematically 'robo-signing' documents on an 'industrial scale' to speed up repossessions and recover debts.
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FCA boss Andrew Bailey paid £600k - despite failing to stop the Woodford scandal 9 Jul 6:09pm FCA boss Andrew Bailey paid £600k - despite failing to stop the Woodford scandal
The financial regulator has come under fire for failing to question fund manager Neil Woodford's investment in risky, hard-to-sell stocks ahead of a meltdown at his flagship Equity Income Fund.
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RUTH SUNDERLAND: Ocado shares Zoom ahead as online grocer trials a one-hour delivery service 9 Jul 6:08pm RUTH SUNDERLAND: Ocado shares Zoom ahead as online grocer trials a one-hour delivery service
It's the classic love-hate company. Acolytes adore it as that rare thing, a British tech firm with huge potential. Detractors see it as an overblown grocer that may fail to deliver.
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Former boss of forestry investment scheme arrested at Heathrow airport as he returned to the UK 9 Jul 6:08pm Former boss of forestry investment scheme arrested at Heathrow airport as he returned to the UK
Andrew Skeene has been charged with nine offences including forgery and conspiracy to defraud. Global Forestry Investments promoted two teak forest investment schemes in Brazil.
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Hello Kitty and Mr Men owner fined £5.6m for breaking EU competition rules 9 Jul 6:08pm Hello Kitty and Mr Men owner fined £5.6m for breaking EU competition rules
Sanrio owns the intellectual property rights for the cat - supposedly an English schoolgirl, Kitty White - and other creatures, including the Mr Men and Little Miss cartoons.
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Woodford savers blocked from moving their money away from Hargreaves Lansdown 9 Jul 6:08pm Woodford savers blocked from moving their money away from Hargreaves Lansdown
Many savers tried to switch fund supermarkets after Hargreaves was criticised for backing Neil Woodford's funds right up until he froze withdrawals from his Equity Income fund.
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Pound hits two-year low as traders fretted about the rising chance of a No Deal Brexit 9 Jul 6:08pm Pound hits two-year low as traders fretted about the rising chance of a No Deal Brexit
Sterling dropped 0.4 per cent to $1.246 against the dollar, the lowest level since April 2017 except for a brief 'flash crash' in January this year, and to €1.112 against the euro.
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Ocado feels the heat with £110m hit from warehouse blaze 9 Jul 6:07pm Ocado feels the heat with £110m hit from warehouse blaze
The blaze in Hampshire, which razed one of its high-tech delivery centres and cost it £98.5m, hit sales growth by around 2 per cent in the first half of the year.
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MARKET REPORT: Airline shares nosedive after France announces a new eco-tax 9 Jul 6:07pm MARKET REPORT: Airline shares nosedive after France announces a new eco-tax
Easyjet closed down 3.4 per cent, or 34.1p, to 983.4p, while IAG fell 1.6 per cent, or 7.2p, to 443.1p. Ryanair also lost 4.8 per cent, or €0.52, ending at €10.29.
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$56 Million Upper East Side Mansion Where Epstein Allegedly Abused Girls 9 Jul 5:43pm Updated $56 Million Upper East Side Mansion Where Epstein Allegedly Abused Girls
The Manhattan townhouse features photos of Bill Clinton, Woody Allen and the crown prince of Saudi Arabia.
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Houston Expected to Host Third Democratic Debate on ABC 9 Jul 5:29pm Houston Expected to Host Third Democratic Debate on ABC
A smaller field of candidates is expected for the third televised debate sponsored by the Democratic Party, which is finishing plans for the event in September.
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Now airlines are going cashless for for in-flight purchases like refreshments and duty free 9 Jul 4:50pm Now airlines are going cashless for for in-flight purchases like refreshments and duty free
Others have imposed a host of different rules governing the use of coins, notes and debit cards on a range of different routes. British Airways no longer takes cash for food and drink on short-haul flights.
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Virgin Money to transfer savers to Clydesdale Bank meaning compensation limit will be halved  9 Jul 4:50pm Virgin Money to transfer savers to Clydesdale Bank meaning compensation limit will be halved 
Clients will have up to £85,000 of cover under the Financial Services Compensation Scheme if the bank fails. Currently they benefit from two compensation limits.
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Obamacare in Jeopardy as Appeals Court Hears Case Backed by Trump 9 Jul 4:27pm Updated Obamacare in Jeopardy as Appeals Court Hears Case Backed by Trump
Millions could lose health coverage if a lower-court ruling striking down the law is upheld.
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9 Jul 4:11pm Updated While Jeffrey Epstein Is in Jail, the Reporter Julie K. Brown Keeps Digging
The case seemed cold when a Miami Herald investigative journalist started looking into it. Then she persuaded accusers to tell their stories.
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Could This Be the End of Frankincense? 9 Jul 4:08pm Updated Could This Be the End of Frankincense?
As more uses are found for the aromatic resin, the population of trees that produce it are on the brink of collapse.
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9 Jul 3:34pm While Jeffrey Epstein Is in Jail, the Reporter Julie K. Brown Keeps Digging.
The case seemed cold when a Miami Herald investigative journalist started looking into it. Then she persuaded accusers to tell their stories.
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Twitter Backs Off Broad Limits on ‘Dehumanizing’ Speech 9 Jul 2:37pm Updated Twitter Backs Off Broad Limits on ‘Dehumanizing’ Speech
After a year of debate and criticism, an effort to add to a policy on banned speech led to a narrower restriction that applies only when religious groups are targeted.
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Inside Epstein’s $56 Million Mansion: Photos of Bill Clinton, Woody Allen and Saudi Crown Prince 9 Jul 2:19pm Updated Inside Epstein’s $56 Million Mansion: Photos of Bill Clinton, Woody Allen and Saudi Crown Prince
The townhouse where the financier Jeffrey Epstein is accused of abusing girls is one of the largest private homes in Manhattan.
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Richard Branson’s Virgin Galactic to Go Public 9 Jul 2:05pm Richard Branson’s Virgin Galactic to Go Public
The private space-tourism business plans to merge with a publicly traded shell company, giving it a stock listing and, potentially a crucial new source of cash.
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Deutsche Bank bosses fitted for £1,200 suits as thousands lose their jobs 9 Jul 1:55pm Deutsche Bank bosses fitted for £1,200 suits as thousands lose their jobs
Tailors visited executives at London office on day 18,000 staff cuts were announced On the day Deutsche Bank began making thousands of employees redundant, some managing directors at the company’s office in the City of London were being fitted for suits that cost at least £1,200, it has emerged. Tailors from Fielding & Nicholson, an upmarket tailor, were pictured walking out of the bank’s office with suit bags on Monday. Ian Fielding-Calcutt, the tailor’s founder, and Alex Riley were there to fit suits for senior managers unaffected by
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Fix Your Finances, Simply. Try the 7-Day Money Challenge. 9 Jul 1:38pm Fix Your Finances, Simply. Try the 7-Day Money Challenge.
Tackle a simple money task each day for a week to strengthen your financial well-being.
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Pound continues slide as traders fear impact of no-deal Brexit 9 Jul 1:08pm Pound continues slide as traders fear impact of no-deal Brexit
Concerns rise over strength of UK economy with figures expected to confirm recession
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Ross Perot Dead at 89; Brash Billionaire Who Ran for President 9 Jul 1:08pm Updated Ross Perot Dead at 89; Brash Billionaire Who Ran for President
Mr. Perot made a fortune in computer services, mounted bizarre paramilitary missions in Asia and was a strong third-party hopeful in the 1990s.
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Cities and Builders Face ‘Hornet’s Nest’ to Meet Affordable Housing Needs 9 Jul 12:34pm Updated Cities and Builders Face ‘Hornet’s Nest’ to Meet Affordable Housing Needs
Using government subsidies, tax credits and zoning changes, city leaders are encouraging builders to incorporate affordable housing into mixed-use projects.
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Former customers of Extra Energy are now having money taken from their banks without warning 9 Jul 12:30pm Updated Former customers of Extra Energy are now having money taken from their banks without warning
A former Extra Energy customer was left without money to pay her mortgage last month after the defunct supplier took an unexpected payment of £540.73 from her current account.
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A warning for the world as BASF issues profit alert 9 Jul 12:15pm A warning for the world as BASF issues profit alert
Few companies are as geared to global trade as BASF of Germany.
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Pound falls near two-year low; ECB vows more stimulus if needed - as it happened 9 Jul 11:50am Pound falls near two-year low; ECB vows more stimulus if needed - as it happened
The pound has hit its lowest level since January amid Brexit worries, as the European Central Bank’s new chief economists takes questions
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A Year Later, Twitter’s New Banned Speech Policy Adds Little to the Old One 9 Jul 11:49am A Year Later, Twitter’s New Banned Speech Policy Adds Little to the Old One
An effort to forbid “dehumanizing” tweets was scaled back after criticism and debate, and for now focuses only on those directed at religious groups.
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FTSE LIVE: Pound hits two-year lows; Ocado unveils growing losses 9 Jul 11:48am Updated FTSE LIVE: Pound hits two-year lows; Ocado unveils growing losses
Ocado has unveiled growing losses as it continues to recover from the devastating fire at one of its key warehouses.
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9 Jul 11:45am Updated Seized Photos of Nude Girls Deepens Questions About Jeffrey Epstein’s 2008 Deal
The new indictment of the financier could prompt a reckoning for the Justice Department, which has been accused of mishandling the case a decade ago.
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Marriott faces £99m fine over massive customer data breach 9 Jul 11:43am Marriott faces £99m fine over massive customer data breach
The Marriott International hotel chain is facing a £99m fine relating to a data breach that is believed to have affected around 339 million customers globally.
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Pound falls near two-year low; ECB vows more stimulus if needed - business live 9 Jul 11:42am Updated Pound falls near two-year low; ECB vows more stimulus if needed - business live
The pound has hit its lowest level since January amid Brexit worries, as the European Central Bank’s new chief economists takes questions
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9 Jul 11:30am Mini launches first all-electric car
The BBC takes a look inside the new vehicle, which is going to be produced at BMW's plant at Cowley.
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British Airways will be fined over £189m over a customer data breach  9 Jul 11:26am British Airways will be fined over £189m over a customer data breach 
British Airways was today told it will have to pay a £189million fine for a data breach that saw card details of more than 380,000 customers stolen from its website and app.
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9 Jul 11:25am Updated UK watchdog plans to fine Marriott £99m
The UK's data privacy regulator has said it plans to fine the US hotel group for a data breach.
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British Pound Hits Two-Year Low Amid U.K. Economic Worries 9 Jul 11:21am British Pound Hits Two-Year Low Amid U.K. Economic Worries
The currency fell against the dollar to its lowest level in two years, as investors grew worried about the country’s prospects and the specter of a no-deal Brexit.
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9 Jul 11:12am Pound heads for two-year low as holidays begin
Brexit uncertainty coupled with an economic slowdown has pushed sterling to April 2017 levels.
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Marriott to be fined nearly £100m over GDPR breach 9 Jul 11:10am Marriott to be fined nearly £100m over GDPR breach
ICO imposes fine after personal data of 339 million guests was stolen by hackers The international hotel group Marriott is to be fined almost £100m by the Information Commissioner’s Office after hackers stole the records of 339 million guests. In November, Marriott International, the parent company of hotel chains including W, Westin, Le Méridien and Sheraton, admitted that
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How to Manage Your Credit Card Bills, Which Experts Say Are Late More Often 9 Jul 10:31am Updated How to Manage Your Credit Card Bills, Which Experts Say Are Late More Often
There are ways to get help: Start by contacting your card companies to ask about an interest-rate cut or lower minimum.
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No-deal Brexit and slowdown fears push pound near two-year low - business live 9 Jul 10:27am Updated No-deal Brexit and slowdown fears push pound near two-year low - business live
The pound has hit its lowest level since January as economists fear the UK economy shrank in the last quarter
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Are you anxious about retirement? Half of over-55s feel ill-prepared 9 Jul 10:16am Updated Are you anxious about retirement? Half of over-55s feel ill-prepared
About a third of workers who are over 55 believe they will have to carry on working in retirement to shore up their income, the survey by Close Brothers revealed.
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9 Jul 10:15am Updated Electric Mini production in Cowley to boost UK car industry
Work on the first fully electric Mini will begin in late 2019 at BMW's Cowley plant near Oxford.
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Greece’s Experiment With Populism Holds Lessons for Europe 9 Jul 10:07am Updated Greece’s Experiment With Populism Holds Lessons for Europe
Greece’s radicals won praise for transforming themselves into a mainstream party of the center left. But the country’s economy has suffered greatly under their leadership.
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Virgin Galactic sees £1.2bn valuation in flotation plan 9 Jul 9:49am Virgin Galactic sees £1.2bn valuation in flotation plan
Sir Richard Branson has announced a plan to float his space tourism venture Virgin Galactic on the stock market with a $1.5bn (£1.2bn) valuation.
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Gavin Woodhouse loses control of fourth firm after court ruling 9 Jul 9:28am Gavin Woodhouse loses control of fourth firm after court ruling
Move follows investigation into entrepreneur by the Guardian and ITV News Gavin Woodhouse has lost control of another company after a court ordered temporary administrators to take control of the embattled entrepreneur’s main property group. The move comes five days after a high court judge ruled that Woodhouse’s business model appeared to be
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Richard Branson’s Virgin Galactic to Reach a New Frontier: The Stock Market 9 Jul 9:18am Richard Branson’s Virgin Galactic to Reach a New Frontier: The Stock Market
The private space tourism business plans to merge with a publicly traded shell company, giving it a stock listing and, potentially a crucial new source of cash.
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DealBook Briefing: The Case Against Jeffrey Epstein 9 Jul 8:56am Updated DealBook Briefing: The Case Against Jeffrey Epstein
Federal prosecutors unsealed their indictment against the financier yesterday, revealing sordid details about sex-trafficking allegations.
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Affordable-Housing Math: It’s Complicated 9 Jul 8:54am Updated Affordable-Housing Math: It’s Complicated
Using government subsidies, tax credits and zoning changes, city leaders are encouraging builders to incorporate affordable housing into mixed-use projects.
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Lloyds and Bank of Scotland current account interest to change in October 9 Jul 8:36am Updated Lloyds and Bank of Scotland current account interest to change in October
Lloyds and Bank of Scotland current customers with less than £4,000 in the bank will see the interest paid on their balance slashed by a third from October.
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British Pound Tumbles, Reflecting Economic Concerns in U.K. 9 Jul 8:33am British Pound Tumbles, Reflecting Economic Concerns in U.K.
The currency fell against the dollar to its lowest level in two years, as investors grew worried about the country’s prospects and the specter of a no-deal Brexit.
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Jeffrey Epstein: Seizure of Photos of Nude Girls Deepens Questions About Earlier Deal 9 Jul 8:01am Updated Jeffrey Epstein: Seizure of Photos of Nude Girls Deepens Questions About Earlier Deal
The new indictment of the financier could prompt a reckoning for the Justice Department, which has been accused of mishandling the 2008 case.
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Ethnic minorities paid 3.8% less than white workers 9 Jul 8:01am Ethnic minorities paid 3.8% less than white workers
Ethnic minority workers in the UK on average earned 3.8% less than white workers last year according to the first analysis of its kind by the Office for National Statistics (ONS).
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9 Jul 8:00am Updated Chinese ethnic group biggest earners in the UK
Overall, ethnic minorities earn 3.8% less than white ethnic groups, the first official figures show.
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No-deal Brexit and economic slowdown fears push pound near two-year low - business live 9 Jul 7:40am No-deal Brexit and economic slowdown fears push pound near two-year low - business live
The pound has hit its lowest level since January as economists fear the UK economy shrank in the last quarter
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BMW unveils electric Mini as it charges into new era 9 Jul 7:30am BMW unveils electric Mini as it charges into new era
New model will have list price of £24,400, with first deliveries expected in early 2020 Six decades after the original Mini first rolled off the production line in Oxford, its owner BMW has unveiled a new electric version it hopes will herald a new era – and help the German carmaker meet looming EU emissions targets. BMW said it had 15,000 expressions of interest before order books open on Tuesday. The first deliveries to customers are expected in the first quarter of 2020, with a list price of £24,400, after the government’s plug-in car grant of £3,500 has been applied.
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9 Jul 7:11am Could the next euro crisis come from Italy?
The governor of the Bank of Italy warns that rising debt and weak growth are causing economic tensions.
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Sterling hit by no-deal Brexit and economic slowdown fears - business live 9 Jul 7:05am Updated Sterling hit by no-deal Brexit and economic slowdown fears - business live
The pound has hit its lowest level since January as economists fear the UK economy shrank in the last quarter
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TPG to take bath on Victoria Plum investment 9 Jul 6:37am TPG to take bath on Victoria Plum investment
The American private equity giant which owns Victoria Plum is facing a heavy loss on its investment in the online bathrooms specialist in a further sign of the crisis which has engulfed Britain's retail sector.
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Pound hits six-month low as economic gloom deepens 9 Jul 5:56am Pound hits six-month low as economic gloom deepens
The pound has slipped to a fresh six-month low against the dollar as sustained worries over Brexit and the UK economy weigh on the currency.
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Eon reveals it is moving all customers to 100% renewable electricity for no added cost 9 Jul 5:47am Eon reveals it is moving all customers to 100% renewable electricity for no added cost
The Big Six supplier said the decision was made in response to Britons become increasingly aware of the impact their energy usage has on the environment.
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Ocado says fire at robotic warehouse cost it more than £100m 9 Jul 5:33am Ocado says fire at robotic warehouse cost it more than £100m
Online grocer reports loss of £143m for first half but expects compensation from insurer
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FTSE LIVE: Ocado unveils growing losses 9 Jul 5:29am Updated FTSE LIVE: Ocado unveils growing losses
Ocado has unveiled growing losses as it continues to recover from the devastating fire at one of its key warehouses.
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Park First scheme that sold airport car park spaces to investors is bust 9 Jul 4:55am Updated Park First scheme that sold airport car park spaces to investors is bust
All payments to people who invested in car parking spaces run by three Park First firms and Help Me Park Gatwick have been frozen after the businesses collapsed.
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US-China trade war blamed as BASF issues hefty profits warning - business live 9 Jul 4:52am Updated US-China trade war blamed as BASF issues hefty profits warning - business live
Rolling coverage of the latest economic and financial news, as chemicals giant BASF hits investors with a profits warning
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How Help to Buy can push homeowners into accidental arrears 9 Jul 4:37am Updated How Help to Buy can push homeowners into accidental arrears
Homeowners are outraged that they are still experiencing problems with the Help to Buy scheme after unwittingly being pushed into arrears.
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Is it worth paying the premium for organic bedding and towels? 9 Jul 4:23am Updated Is it worth paying the premium for organic bedding and towels?
A flood of cut-price brands into the mainstream has encouraged many of us to adopt a 'there's plenty more where that came from' mentality. But will switching to organic cotton help?
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How to close a French bank account from the UK 9 Jul 4:20am Updated How to close a French bank account from the UK
My mother moved to France in 2007, but since moving back has not been able to close her bank account, and is now incurring interest. What can we do?
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Peer-to-peer investors see returns slump in the last three years 9 Jul 4:20am Updated Peer-to-peer investors see returns slump in the last three years
UK peer-to-peer investors have seen their returns fall by nearly 2.5 percentage points in the last three years thanks to mounting losses, analysis shows.
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Would you swap a one-bed flat in London for a four-bed converted water tower in Devon? 9 Jul 4:16am Updated Would you swap a one-bed flat in London for a four-bed converted water tower in Devon?
The four-bedroom family home in Devon is a converted water tower with a price tag of £450,000 - the same as a typical one-bedroom flat in London.
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Economics of Silverstone: Why was its F1 future under threat? 9 Jul 4:15am Economics of Silverstone: Why was its F1 future under threat?
What's going on at Silverstone and why was its place on the Formula One calendar in doubt? That's the question assistant editor Lee Boyce and broadcaster Georgie Frost tackle this week.
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Imperial Brands to abandon 10% a year dividend hikes 9 Jul 4:15am Imperial Brands to abandon 10% a year dividend hikes
The tobacco business will instead raise its payout to shareholders in line with its growth in profits each year. It will be a major blow to thousands of retail investors who rely on Imperial's dividends.
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Goldman Sachs veteran Michael Sherwood joining board of Revolut 9 Jul 4:13am Goldman Sachs veteran Michael Sherwood joining board of Revolut
Nicknamed 'Woody', the former co-head of Goldman's European branch, 54, has been hired after a string of problems at Revolut.
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Coffee bean prices sink following bumper harvest in Brazil 9 Jul 4:13am Updated Coffee bean prices sink following bumper harvest in Brazil
Prices have plunged over the last three years, IHS Markit figures show, from $1.76 per pound of Arabica coffee in November 2016 to $1.10 now.
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City regulator pledged to act over risky investments three years before disaster struck Woodford 9 Jul 4:13am Updated City regulator pledged to act over risky investments three years before disaster struck Woodford
Andrew Bailey said that he was concerned about the amount of money being pumped into hard-to-sell assets by funds which allow customers to withdraw their money at a moment's notice.
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High Street chains suffered worst June on record due to cooler weather and heavy rain 9 Jul 4:12am Updated High Street chains suffered worst June on record due to cooler weather and heavy rain
Sales were 1.6 per cent lower last month than they had been a year earlier, figures from the British Retail Consortium and KPMG revealed.
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9 Jul 3:58am Ocado says Andover warehouse fire cost more than £100m
Sales were hit, but the online delivery firm says insurance will cover the cost of the warehouse.
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As the World Heats Up, the Climate for News Is Changing, Too 9 Jul 3:38am Updated As the World Heats Up, the Climate for News Is Changing, Too
Rival newsrooms are joining together to meet a crisis years in the making. But there is disagreement among some journalists on how to play the story.
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Instagram introduces two new anti-bullying features 9 Jul 3:38am Instagram introduces two new anti-bullying features
Instagram is introducing new features which will automatically challenge users before they post something which might be considered bullying, and allow victims to secretly block their tormentors.
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MARKET REPORT: Now even Asos feels the gloom as shops struggle 9 Jul 3:18am Updated MARKET REPORT: Now even Asos feels the gloom as shops struggle
In December, it warned about a 'significant deterioration' in pre-Christmas trading, prompting a 40 per cent dive in its share price. Now the market is sensitive to any sign of trouble.
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9 Jul 3:14am Updated Ocado says Andover fire cost more than £100m
The online delivery firm says its insurance will cover the cost of the warehouse fire.
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For France’s Jobless, Macron Aims to ‘Make Work Pay’ 9 Jul 3:00am For France’s Jobless, Macron Aims to ‘Make Work Pay’
President Emmanuel Macron’s next chapter in altering the national economy is tightening jobless benefits to get the unemployed back to work faster.
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Global Recession Risks Are Up, and Central Banks Aren’t Ready 9 Jul 3:00am Global Recession Risks Are Up, and Central Banks Aren’t Ready
The world’s monetary authorities have limited policy space, and it’s unclear whether their backup plans will suffice to bolster growth and inflation.
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Park First which sold airport car park spaces as investment goes bust 9 Jul 2:37am Park First which sold airport car park spaces as investment goes bust
All payments to people who invested in car parking spaces run by three Park First firms and Help Me Park Gatwick have been frozen after the businesses collapsed.
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Ocado losses widen as it counts cost of warehouse blaze 9 Jul 2:21am Ocado losses widen as it counts cost of warehouse blaze
Ocado has reported a half-year loss of £142.8m after taking a £98.5m hit from a warehouse fire earlier this year.
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Sainsbury’s ATM machine said free to use, but charged me 9 Jul 2:01am Sainsbury’s ATM machine said free to use, but charged me
As a seasoned traveller I never fall for the conversion trap, and I was also charged a transaction fee
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9 Jul 1:38am Government faces no deal backlash by own business experts
Advisers asked to find a solution to the Irish border Brexit problem balk at signing terms.
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Alvin Ailey’s Associate Artistic Director to Step Down 9 Jul 12:14am Updated Alvin Ailey’s Associate Artistic Director to Step Down
Masazumi Chaya will leave his post in January, and Matthew Rushing will take over. Also, Ronni Favors, an ex-Ailey member, will become rehearsal director.
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US-China trade war and interest rate rises spell losses for the super-rich 9 Jul 12:00am US-China trade war and interest rate rises spell losses for the super-rich
After seven years of growth, assets of the richest people on the planet fall by 3%
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