Business

Lost passwords ‘lead to lost savings’

[ad_1] Image copyright Getty Images One in seven people have lost track of their money sitting in savings accounts or pensions - with half blaming lost passwords, a survey suggests.An estimated seven million people had cash untouched in so-called dormant accounts, government-backed National Savings and Investments (NS&I) said.Some 52% of those asked who had lost track of their funds suggested it was the result of a forgotten password.But others said
Business

HSBC, Google and Credit Suisse join pull out of Saudi conference

[ad_1] The chief executives of HSBC, Google and Credit Suisse have become the latest people to pull out of a business conference in Saudi Arabia next week.HSBC's John Flint, Google's Diane Greene and Credit Suisse's Tidjane Thiam will not now go to next week's event, dubbed "Davos in the Desert".JP Morgan chief executive Jamie Dimon said on Monday he would not attend.It follows tensions between the US and Saudi Arabia
Business

Grant Thornton chief executive Sacha Romanovitch departs

[ad_1] Image copyright Grant Thornton Sacha Romanovitch, the first woman to run a big City accountancy firm, is stepping down as chief executive of Grant Thornton.The firm said she would depart when her successor was chosen.The leadership style of Ms Romanovitch, who brought in changes including profit-sharing for all staff and capping her own salary, was criticised in an anonymous memo last month.Grant Thornton audits Patisserie Valerie, which nearly folded
Business

UK unemployment falls by 47,000

[ad_1] UK unemployment fell by 47,000 to 1.36 million in the three months to August, official figures show.In the same three-month period, wages excluding bonuses rose by 3.1% compared with a year ago, their fastest pace in nearly 10 years, the Office for National Statistics (ONS) said.Inflation over the same period was 2.5%.Last week, Bank of England chief economist Andy Haldane said he saw signs of a "new dawn" for
Business

Sundar Pichai: Google ‘exploring’ censored China search app

[ad_1] Image copyright Getty Images Google chief executive Sundar Pichai has said a censored search app in China could serve over "99% of queries," in rare public comments about the controversial proposal. Mr Pichai told a conference in San Francisco the plan was in the "very early" stages and may not progress.Google's possible return to China - a market it abandoned over censorship concerns - was first leaked in August.
Business

Why you shouldn’t hug your colleagues

[ad_1] Image copyright Getty Images Image caption A hug is fine - so long as that what's both of you are comfortable with, says Alison Whatever happened to the simple handshake at work? asks author Alison Green, and the creator of the workplace advice column Ask a Manager.You're greeting a colleague who you haven't seen in a while - and suddenly, without warning, they're enthusiastically opening their arms and heading
Business

Could chip fat help dirty shipping clean up its act?

[ad_1] Image copyright Getty Images Image caption Chip fat and other vegetable oils can be turned into fuel for cargo ships The global shipping industry is as big a contributor to greenhouse gas emissions as aviation. And the heavy fuel oil that powers its giant vessels is exceptionally dirty - packed with soot, black carbon and sulphur. So is it doing enough to clean up its act?Shipping is facing a
Business

UK’s railway stations with most train delays revealed

[ad_1] Image copyright N Chadwick/Geograph Image caption Manchester Oxford Road took the "undesirable crown" of being worst, Which? said Ten of Britain's busiest railway stations have seen over half of all train services delayed by a minute or more this year, research has revealed.Manchester Oxford Road had the least punctual services, with 68% delayed.Data analysis by consumer group Which? found York, Gatwick Airport and Birmingham New Street also saw less
Business

Ford boss warns on ‘disastrous’ no-deal Brexit

[ad_1] The head of Ford's European arm has said a no-deal Brexit "would be pretty disastrous" for UK industry and could affect the company's future in the UK. Steven Armstrong said he was "still confident" a tariff-free frictionless trade deal would be done.But he told the BBC that a no-deal outcome would "force us to think about what our future investment strategy for the UK would be".And he said a