Business

Brexit uncertainty hits house purchases

[ad_1] Image copyright PA The West Midlands had the strongest annual house price growth across the UK in the 12 months to November 2018.But housing activity in southern England was muted because of Brexit uncertainty.Average house prices across the UK climbed by 2.8%, rising from 2.7% annual growth in October 2018.In the West Midlands, prices rose by 4.6%, according to the latest official figures from the Office for National Statistics
Business

Inflation falls to lowest level in nearly two years

[ad_1] Image copyright PA The UK inflation rate fell to 2.1% in December, from 2.3% the previous month, according to the Office for National Statistics (ONS).The Consumer Prices Index (CPI) figure was the lowest in nearly two years, pushed down by petrol price falls.The inflation reading was in line with analysts' expectations.The figure is close to the Bank of England's target of 2% and may mean the Bank is less
Business

Carlos Ghosn: Renault ‘preparing to replace’ jailed boss

[ad_1] Image copyright Getty Images Renault is moving to replace its boss, Carlos Ghosn, who is in detention on charges of financial misconduct, according to media reports.The French carmaker has kept Mr Ghosn on as chief executive and chairman since he was first arrested in November.The reports come after a Tokyo court rejected a request for bail on Tuesday. Lawyers for Mr Ghosn, who denies any wrongdoing, have said he
Business

Google Maps deterring outback tourists, say small firms

[ad_1] Image copyright Getty Images Tourism operators in Australia's claim inaccuracies in Google Maps are deterring potential visitors, by making remote attractions appear further away than they actually are.The Queensland government in north-east Australia has complained to Google, which says it will look into the issue.Firms looking to promote their small towns as remote tourist destinations say Google Maps inflates travel times.Outback businesses say errors in the map app can
Business

CBI chief welcomes ‘new era’ in approach to Brexit

[ad_1] Image copyright Reuters The leader of the UK's biggest business lobby has said the country is entering a "new era" following the defeat of the government's Brexit proposal.John Allan, president of the CBI, was speaking on the BBC after a conference call hosted by Chancellor Philip Hammond.He was reassured that the government would delay Brexit to avoid leaving the EU without a negotiated deal, he said.Business has warned a
Business

Asia moves to reassure firms as Brexit uncertainty spikes

[ad_1] Image copyright Getty Images Image caption Trade between the UK and Japan hit £28bn last year Countries in Asia have moved to reassure businesses as the defeat of Theresa May's Brexit deal creates fresh uncertainty for their economies and trade. Japan, a vocal critic of a no-deal Brexit, said it would seek clarity on the outlook and support firms. South Korea and Australia said they would continue to negotiate
Business

The ultrasound scan you can do yourself

[ad_1] US company Butterfly Networks has produced an ultrasound scanner that plugs into an iPhone and can be bought by anyone for $2,000 (£1,555).Its inventor, Jonathan Rothberg, claims it will have as much impact on healthcare as the stethoscope did 200 years ago.This is part of the BBC's Disruptors series. You can read the full article here.Camera: Ian Cartwright; producers: Kizzy Cox and Ben King; video editor: Gordie Watt. [ad_2]
Business

Smartwatches: Switzerland’s friend of foe?

[ad_1] Image copyright Getty Images Image caption Former Apple executive Tony Fadell says the Swiss watch industry must adapt to a digital world. There are people at Geneva's annual watch show who would probably prefer to have an arm lopped off than wrap a smartwatch on their wrist.The Salon International de la Haute Horlogerie is where the fine art of Swiss watchmaking presents itself to the world; where hand-crafted timepieces
Business

‘I struggle to get by on universal credit’

[ad_1] Adele Shelmerdine has struggled since moving to universal credit last year.The 49-year-old Wirral resident had debts, and says the switch to the new benefits system left her suicidal.Now a debt charity has called on the government to take account of affordability when assessing claims.The Department for Work and Pensions said: "We understand the burden that debt can place on people and safeguards are in place to ensure repayments are
Business

Rihanna takes father to court in trademark dispute

[ad_1] Image copyright Getty Images Image caption Rihanna claims her father is exploiting her name Singer Rihanna has taken her father to court in the US, accusing him exploiting her name to further his entertainment business.She claims her father, Ronald Fenty, and his business partner have falsely suggested that she is connected to their firm, Fenty Entertainment.Their conduct has misled the public and hurt her Fenty brand, the name of