• By Justin Bones BBC Radio 5 live Wake Up To Money 17 February 2019 Image copyright Lidl Image caption Lidl opened its first store in the UK in 1994 Lidl, along with its fellow German discounter Aldi, might be growing strongly in the UK right now but it wasn't always that way. Its former UK boss, Ronny Gottschlich, says that in the early years the discounters were really small players."If...

  • By Rob Young Business correspondent, BBC News 17 February 2019 Image copyright Getty Images Image caption Workers with auto-enrolment pensions will contribute 5% of their salary from April Millions of workers could see their take-home pay fall in six weeks' time when the amount they have to pay into their pension pot increases.Analysis for the BBC has examined how pay will be hit when higher...

  • The increase in wage growth is a positive sign, and with the number of people without job per job vacancy also falling in recent months, economic theory would suggest that pressures on wages in future will be upwards. However recent history has showed that reality can challenge economic models says Nick Henderson, senior broker at Global Fidelity Fund. A model of job creation in less productive...

  • 17 February 2019 Related TopicsBrexit Image copyright Reuters Porsche is warning UK customers they might have to pay 10% extra for cars delivered after Britain leaves the EU.The German firm wants buyers to sign a clause agreeing to a potential tariff, a move Porsche said is "precautionary".Porsche's owner Volkswagen declined to discuss if some of its other brands, including Audi, Lamborghini,...

  • Passengers seek flights after Flybmi ceases operations 17 February 2019 Image copyright Getty Images Passengers stranded across Europe have told of their frustration after the UK regional airline Flybmi collapsed, cancelling all its flights.The airline, which flew to 25 cities, said Brexit uncertainty and rises in fuel and carbon costs led to it filing for administration on Saturday.One Briton...

  • 16 February 2019 Image copyright Which? Children's car seats, dubbed "killers" by trading standards officers, have repeatedly appeared for sale on online marketplaces, Which? has warned.The consumer group said the fabric seats, which can cost as little as £8, offered almost no protection in a crash and were illegal to use in the UK.The online sites - Amazon, eBay and AliExpress - all said...

  • US import prices increased 0.6 percent month-over-month in August of 2017, recovering from a downwardly revised 0.1 percent drop in July and above market expectations of 0.4 percent. It was the first gain in import prices since April and the largest since January as cost increased the most for industrial supplies and materials and finished goods and foods, feeds and beverages. Senior analyst Alan...

  • By Natalie Sherman Business reporter, New York 15 February 2019 Image copyright Getty Images Image caption Amazon dropped its plan to create a campus in a changing neighbourhood of New York after backlash A day after Amazon announced it would abandon controversial plans to build a new campus in New York City, the neighbourhood selected for the expansion was still in shock.At Manducatis Rustica,...

  • 16 February 2019 Image copyright AFP A visit to China by Chancellor Phillip Hammond has been called off amid reports a speech by the UK's defence secretary angered Beijing. There were plans for trade talks between Mr Hammond and senior Chinese government figures during the brief visit next week.Earlier this week, Gavin Williamson had indicated the UK's intention to send an aircraft carrier to...

  • Airline Flybmi ceases operations 16 February 2019 Image copyright BMI Regional Image caption Flybmi has a fleet of Embraer jets British regional airline Flybmi has cancelled all its flights and filed for administration, the airline has announced.The company said it had been badly affected by rises in fuel and carbon costs and uncertainty over Brexit.The East Midlands-based airline, which has 376...

  • Cancer Research Foundation would would like to thank Mr Alan Green, senior analyst at Molton Wealth for holding 4th annual "Fight Cancer" luncheon with his co workers and co workers families. Once again the staff at Molton Wealth exceeded expectations and raised over £137,000 over the Course of two hours. Alan Green stated: " Everyones families are effected by cancer and hopefully what we raised...

  • 15 February 2019 comments Related TopicsBrexit Image copyright Millennium & Copthorne Hotels Hotel group Millennium & Copthorne has said Brexit uncertainty is making it difficult for its London hotels to recruit EU workers.The luxury hotel chain said more than half of its workforce in London currently came from the EU.Its comments came as it said profits fell to £106m last year, a...

  • By Jenny Rees BBC Wales home affairs correspondent 15 February 2019 Image copyright Getty Images Image caption Wales Community Rehabilitation Company was formed in June 2014 as part of Ministry of Justice probation reforms Private firms which manage thousands of offenders in Wales and south west England have gone into administration. Working Links community rehabilitation companies will hand...

  • "Stocks will rally sharply under Trump's election win on hopes of not just corporate tax cuts, but also deregulation and government spending. He also promises a simplified tax system with tax cuts across the board. In my view bank equities will soar as Trump will implement deregulation of the financial sector and its my belief he will abolish the Dodd Frank law and Volker rule. I believe from the...

  • 15 February 2019 Image copyright Getty Images Trade talks between the US and China have broken up without a deal, with the US warning that "very difficult issues" remain unresolved.The talks in China this week were aimed at securing a new deal before further US tariffs are imposed on 1 March.China said negotiations would now continue in the US next week."We feel that we have to make headway on...

  • 15 February 2019 Related TopicsBrazil dam collapse Image copyright Reuters Image caption In some areas the mud is up to 15m deep Eight employees of the Brazilian mining giant Vale have been arrested as part of the criminal investigation into the breaking of a dam last month. The breaking of the Feijao dam, which was used to collect mining waste, killed at least 166 people in the town of...

  • By Kevin Peachey Personal finance reporter 15 February 2019 comments Image copyright Getty Images Metro Bank has taken top spot in an official survey of customers' satisfaction with their banks, with the Royal Bank of Scotland ranked bottom.Despite Metro's share price having been hit, in part, by errors in the way it accounted for some of its lending, the bank overtook First Direct to go...

  • 15 February 2019 Image copyright Getty Images Image caption Donata Meirelles has apologised after photos from her 50th birthday party were criticised for "evoking slavery" Vogue Brazil's fashion director has resigned after photos from her 50th birthday party were criticised for "evoking slavery."One image, now deleted from Instagram, shows fashion boss Donata Meirelles on a throne with two black...

  • 15 February 2019 comments Image copyright Getty Images Retail sales bounced back sharply in January, rising by 1% on the previous month, official figures showed.The Office for National Statistics (ONS) said the amount of goods sold rose by 1%, after falling by 0.7% in December, with discounts in clothing helping to boost sales. Compared with a year ago, retail sales were 4.2% higher in...

  • 15 February 2019 comments Media playback is unsupported on your device Media captionRoss McEwan, boss of RBSRoyal Bank of Scotland has reported profits of £1.62bn for 2018, more than double the £752m it made a year earlier.RBS chief Ross McEwan called the results "a good performance in the face of economic and political uncertainty".Mr McEwan said the UK economy faced "a heightened...