Business

Any old Joe

[ad_1] Joe Gordon likes to climb mountains. Among his conquests is Mount Teide, a 12,000ft volcano in Tenerife. “I like to walk up hills and mountains,” he says. “I am a big fan of a healthy body and a healthy mind.” It is perhaps just as well that he has a head for heights. Because, […]

Business

FTSE 100 closes at another record high

[ad_1] Image copyright Getty Images UK shares remained on the front foot on Friday, pushing the FTSE 100 index to its second consecutive closing high. The FTSE 100 closed up 9 points to 7,424.96, although that is just short of the record intra-day high of 7,444.62 hit on Thursday. RBS was among the risers on […]

Business

Jewellery firm Tiffany makes 'patchy progress'

[ad_1] Image copyright Getty Images The high-end jewellery firm Tiffany is making “patchy” progress but it is not yet back to full health, according to one retail expert. Better sales in Japan and China helped it to report a 1.3% rise in sales to $1.23bn between November and January. It has struggled with sales in […]

Business

Consumers demand cheaper Africa data

[ad_1] In the past two years smartphone connections have doubled on the African continent and average prices have nearly halved. But all these new phones require a relatively expensive, yet crucial element – data. Throughout Africa, consumers are complaining of what they see as exorbitant prices, and are calling on mobile operators to cut prices. […]

Business

Homes cost more than seven times income

[ad_1] Image copyright Getty Images Working people typically face house prices of more than seven times their annual earnings as affordability is increasingly stretched. The typical property cost 7.6 times average annual earnings of employees in England and Wales, the Office for National Statistics (ONS) said. The aftermath of the financial crisis saw affordability levels […]

Business

BA owner IAG launches new long-haul airline Level

[ad_1] Image copyright IAG The owner of British Airways is launching a new long-haul budget airline based in Barcelona. IAG said the new airline, Level, would initially fly to Los Angeles, Oakland, Buenos Aires and Punta Cana in the Dominican Republic from June. The airline will use Iberia crew and two new Airbus A330 planes. […]

Business

Toyota to invest £240m in UK plant at Burnaston

[ad_1] Media captionToyota says its plant investment is “a huge part of preparing for the long-term future” Toyota is to invest £240m in upgrading its UK factory that makes the Auris and Avensis models. The Japanese carmaker’s investment in the Burnaston plant near Derby will allow production of vehicles using its new global manufacturing system. […]

Business

Vote of confidence

[ad_1] Image caption Toyota has been producing cars at Burnaston for a quarter of a century Toyota’s decision to invest £240m in its UK operations will be welcome news for the UK car industry. But it comes at a time of huge uncertainty for the sector. The UK is leaving the EU. Our future trading […]

Business

'No sex, no politics'

[ad_1] Image copyright Camilita Nuttall Image caption Camilita Nuttall will never forget her worst business lunch experience Camilita Nuttall says it was the business lunch from hell. It was the first time that she and a new contact had met in person. Ms Nuttall, a UK motivational speaker, says the man gave no explanation for […]

Business

US raises benchmark interest rate by 0.25%

[ad_1] Image copyright Getty Images The US Federal Reserve has raised its benchmark interest rate by 0.25% for only the third time in a decade. The central bank voted to raise its key rate target to a range of 0.75% to 1%. The Fed had been expected to raise rates after a robust February jobs […]