February 2019

Gap to shut shops and hive off Old Navy

Image copyright Getty Images Fashion firm Gap Inc has announced is shutting 230 stores and splitting off its Old Navy brand, a restructuring aimed at “revitalising” the company. It emerged as new figures revealed that…



Minister George Eustice quits over Brexit delay vote

Media playback is unsupported on your device Media captionGeorge Eustice: “Highly dangerous” to ask for Brexit delay Environment minister George Eustice has quit the government over Theresa May’s promise to allow MPs a vote on…


US economic growth continues to slow

Image copyright Getty Images US economic growth slowed to an annualised rate of 2.6% in the final three months of 2018, figures show. However, the reading was ahead of expectations for a rate of between…


Tan France: ‘Why I don’t knock fast fashion’

Tan France has explained to BBC Radio 5 Live why he doesn’t criticise ‘fast fashion’. France is the fashion expert on Netflix series Queer Eye. He told BBC Radio 5 Live’s Laura Whitmore that you…





Post-Brexit migration rules disastrous, say manufacturers

Image copyright Getty Images Proposed new post-Brexit immigration rules will “decimate” factory workforces, the UK’s main manufacturing association has warned. Plans to introduce a £30,000 minimum salary threshold would have “disastrous impacts”, said Make UK….


Bank customers hit by dozens of IT shutdowns

Image copyright Getty Images Customers suffered dozens of online banking shutdowns last year, according to new figures that reveal the scale of banks’ IT problems for the first time. UK banks have begun publishing the…