Business

Britain’s worst and best online retailers named by Which?

[ad_1] Image copyright Homebase Homebase runs Britain's worst online shop, according to a survey by consumer group Which?The DIY chain's website was hard to navigate, offered poor value for money and was often not up to date on stock details, the survey found.SportsDirect.com, DorothyPerkins.com, and the rival DIY website from B&Q also came bottom of the heap in the survey.The most highly-rated shops were specialist retailers, led by LizEarle.com and
Business

Apple iPhone sales fears hit Wall Street

[ad_1] Image copyright Getty Images Image caption Apple chief executive Tim Cook presents the firm's newest line of products Apple shares have slumped by more than 4%, dragging down US markets and wiping more than $40bn (£31bn; €35bn) off the tech giant's market value.The fall followed a profit warning from one of the firm's major suppliers, which exacerbated concerns that demand for iPhones is slowing.It renewed declines that started earlier
Business

Ex-Stobart boss denies improperly taking £5m in expenses

[ad_1] Image copyright PA Image caption Andrew Tinkler denies any wrongdoing The former boss of the Stobart Group has denied improperly taking £5m of "so-called expenses" amid court claims he had his "own interests at heart".Andrew Tinkler was sacked as chief executive at the Carlisle logistics firm - known for its green trucks - for alleged breach of contract in June.The High Court heard he was trying to oust chairman
Business

Pound falls as Brexit uncertainty rises

[ad_1] Image copyright Getty Images The pound has fallen against the dollar amid political uncertainty as Prime Minister Theresa May struggles to broker an agreement on Brexit with her cabinet.In early trading, sterling fell nearly 1% against the dollar to $1.2845.Against the euro, it was down 0.2% at €1.1422.Mrs May is trying to arrange an agreement in cabinet on the current Brexit talks in time for a hoped-for summit in
Business

Diageo sells Seagram’s and sambuca brands

[ad_1] Image copyright PA Drinks giant Diageo has announced that it is selling a portfolio of 19 brands to US privately owned firm Sazerac for $550m (£427m).The list includes three varieties of Seagram's whisky, plus Romana Sambuca and the now-defunct Booth's gin brand.Diageo said the sale would allow it to have "greater focus" on its premium brands in the US.The proceeds, expected to be about £340m, will be returned to
Business

Tech boss: ‘Get trust right and you will succeed’

[ad_1] Ben Brabyn runs a technology incubator called Level39, where start-up companies come up with new computer programs for business. His job is to connect the start-ups with clients. However, rather than trying to match them directly, he says it's better to make Level39 a place where buyers and sellers can get to know and trust each other.See more at CEO Secrets.Video journalist: Jeremy Howell [ad_2] Source link
Business

‘Most of us hate haggling for a new car’

[ad_1] Image copyright Carwow Image caption James Hind started Carwow at his parents' house The BBC's weekly The Boss series profiles different business leaders from around the world. This week we speak to James Hind, founder of UK car price comparison website Carwow.While unforeseen circumstances can completely change all our lives, it was the global financial crisis that sent James Hind down an entirely different path.In 2008 he was a
Business

Firms ‘struggling to recruit as overseas staff stay away’

[ad_1] Image copyright Getty Images Firms planning to take on more staff are being hit by labour shortages, with a "reversal" in the number of migrants in employment, says HR body the CIPD.As Brexit approaches next March, the CIPD says there has been a slowing down in the growth of both EU and non-EU migrants in the UK workplace.And it said research among over 1,000 employers suggested that vacancies are
Business

Alibaba Singles Day sales frenzy surpasses records

[ad_1] Media playback is unsupported on your device Media captionAlibaba Singles Day: Dollars or data? E-commerce giant Alibaba has set new sales records on Sunday for its biggest shopping day, the annual Singles Day.The Chinese company hit a record $1bn in sales in 85 seconds, and then just shy of $10bn in the first hour of the 24-hour spree.Alibaba also beat its 2017 revenue total, $25.3bn, with several hours still