Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services). Simply put, it is “any activity or enterprise entered into for profit. It does not mean it is a company, a corporation
Getty Images A rise in energy prices pushed UK inflation to its highest rate for six months, official figures show. The inflation rate, which measures price changes over time, hit 2.3% in the year to October, a bigger-than-expected increase from 1.7% in September. Annual gas and electricity bills for a typical household went up by … Read more
US media giant Comcast is set to spin off its NBCUniversal cable television arm, as the industry continues to struggle with the emergence of streaming giants like Netflix and Amazon Prime. The BBC understands that the plan – set to be announced on Wednesday – is to create a new company that will include channels … Read more
Reuters Donald Trump has named investor Howard Lutnick, the co-chair of his transition team, to lead the US commerce department. In his announcement, Trump said Lutnick, the chief executive of financial firm Cantor Fitzgerald, would spearhead the administration’s “tariff and trade agenda”. Lutnick had also been in the running for treasury secretary, a more high-profile … Read more
An additional 50,000 pensioners will be living in relative poverty next year as a result of cuts to the winter fuel allowance, the government’s own estimates have revealed. Earlier this year, Chancellor Rachel Reeves announced the £300 payment would be restricted to all but the poorest pensioners – those eligible for pension credit. In a … Read more
Luxury car manufacturer Jaguar has unveiled a new logo and branding ahead of its relaunch as an electric-only brand. The British vehicle maker, owned by Tata Motors, will launch three new electric cars in 2026, having taken new cars off sale more than a year ago to focus on reinventing the brand. As part of … Read more
Each cold weather payment is paid for a seven-day period and is worth £25. More than one payment will be made during the course of the winter if there are enough periods of cold weather. The scheme runs between 1 November and 31 March each year. Hospital stays can affect payments. You should also tell … Read more
Getty Images The National Farmers’ Union (NFU) has accused the government of “betrayal” as thousands prepare to gather in London for a rally against the planned changes to inheritance tax rules for farms. “To launch a policy this destructive without speaking to anyone involved in farming beggars belief,” NFU president Tom Bradshaw will say in … Read more
BBC Dee Goddard says she is at the point of “giving up” finding a family home in the Derbyshire Dales The Derbyshire Dales takes up much of the Peak District National Park, and sits near four major UK cities – Manchester, Sheffield, Derby and Nottingham. Due to its prime location and natural beauty, it has … Read more
Novo Nordisk has launched its weight-loss drug Wegovy in China after it was approved by local health authorities in June. It is set to intensify competition with rival Eli Lilly, whose popular weight-loss treatment also got the green light months ago but has yet to go on sale in the world’s second largest pharmaceutical market. … Read more
High Street job losses are “inevitable”, prices will rise, and shops will close as the result of the tax increases in the Budget and other rising costs, a group of the biggest retailers in the UK is warning. Tesco, Amazon, Greggs, Next, and dozens of other chains are urging the Treasury to reconsider some of … Read more