17th May 2019

The firms turning their workers into owners

Image copyright Getty Images Image caption Julian Richer gave staff 60% of his company, Richer Sounds In the past few weeks a few employees have suddenly found they didn’t just work for their company, they…




US supercomputer maker Cray Inc bought in £1bn deal

Image copyright Getty Images Image caption A Cray supercomputer is used by the Met Office for weather forecasting. Hewlett Packard Enterprise (HPE) has bought Cray Inc, maker of some of the fastest supercomputers in the…


‘Booth babes’ cause controversy at business show

Image copyright VLSA Image caption The VLSA stand at Business Show 2019 Whether it’s effective, inappropriate or both, some firms still use women in skimpy dresses to market their wares. Visitors to this week’s Business…


Labour-Tory Brexit talks end without deal

Image copyright Reuters/Getty Images Talks between Labour and the government aimed at breaking the Brexit impasse have ended without an agreement. Jeremy Corbyn said the discussions had “gone as far as they can”, blaming what…


Pound slides to four-month low after Brexit talks end

Image copyright Getty Images The pound has sunk to a four-month low against the dollar after cross-party Brexit talks between the Conservatives and Labour collapsed. By midday, the pound was 0.33% lower against the dollar…



Thomas Cook shares ‘worthless’, says Citigroup

Image copyright AFP Shares in Thomas Cook have plunged 30% after analysts at a bank said the travel firm’s shares were “worthless”. Thomas Cook’s tour operations and airline are worth £738m, but its debt is…


Amazon invests in Deliveroo food courier

Image copyright Getty Images Online giant Amazon has announced a big investment in food courier Deliveroo. The exact figure was not given, but Amazon is the biggest investor in Deliveroo’s latest round of fund raising,…