• 13 December 2019 comments Image copyright Getty ImagesThe pound and shares have surged after the Conservatives won a clear majority in the UK general election. Sterling rose above $1.35 at one point - its highest level since May last year - on hopes that the big majority would remove uncertainty over Brexit. The pound also jumped to a three-and-a-half-year high against the euro. On the stock...

  • 13 December 2019 Image copyright Getty ImagesQantas has picked Airbus jets to fly its ultra long haul routes, dealing a blow to rival plane maker Boeing. The airline selected the A350-1000 for its planned non-stop Sydney to London service, which would be the world's longest commercial flight. Qantas also delayed a final decision on whether to begin those, and other long haul services, until...

  • 13 December 2019 Image copyright Facebook/Quadriga Image caption Gerald Cotten was the only person who had passwords to QuadrigaCX digital walletsLawyers representing users of bankrupt cryptocurrency exchange QuadrigaCX are asking Canadian authorities to exhume the body of its founder. They say they want an exhumation given "questionable circumstances" surrounding his death. Gerald Cotten died...

  • 13 December 2019 Image copyright Getty ImagesViagogo's $4bn (£3.1bn) deal to buy rival ticket reseller StubHub is to be investigated by the UK's competition watchdog. The Competition and Markets Authority (CMA) will look at whether the deal will lead to "a substantial lessening of competition" in ticket selling. It is inviting "interested parties" to comment on the proposed deal. Viagogo...

  • By Kevin Peachey Personal finance reporter 13 December 2019 Image copyright Reuters Image caption Neil Woodford has been removed as the fund's investment managerStricken investors in Neil Woodford's former flagship fund will receive their first payments on 20 January as the fund is wound up by its administrators. Individuals and institutional investors will be told by letter on 13 January how...

  • 13 December 2019 comments Related Topics Brexit Image copyright Getty ImagesBusiness groups have urged Boris Johnson to begin work negotiating the terms of the UK's future relationship with the EU after Brexit. Following Mr Johnson's victory in the election, which he won on a promise to "get Brexit done", businesses have called on him to avoid no-deal. They are concerned the UK could ditch the...

  • 13 December 2019 Image copyright Getty Images Image caption The proposed tariffs would have hit a wide range of electronics, including all of Apple's major productsThe US and China have announced a preliminary trade agreement. The so-called phase one deal will see billions of dollars in tariffs removed or delayed. US stocks hit a fresh record on hopes there will be a continued softening of trade...

  • 14 December 2019 Image copyright PA MediaRail passengers are being urged to check their train times before they travel from Sunday as a new winter timetable comes into effect. The plan is that journey times will be cut, services increased and new routes added across the country, after infrastructure and carriage investment. Train timetables are changed twice a year, in May and December. When...

  • By Kevin Peachey Personal finance reporter 13 December 2019 Image copyright Getty Images Image caption Money may go further for those on Christmas holidays overseas this yearAs the country contemplates the election results, people's thoughts will turn to the potential effect on their finances. Money matters are often to the fore at this, expensive, time of year. The December election is likely...

  • 14 December 2019 Image copyright Getty ImagesHaggling could save households £120 a year on broadband, but 45% of customers have not asked their current provider for a better deal, according to Which? The consumer group found that 78% of people who negotiated were offered an incentive, discount or a better deal. More than 5,000 customers were asked by Which? whether they had haggled for a...

  • By Jane Wakefield Technology reporter 5 December 2019 Image copyright Getty Images Image caption Mustafa Suleyman helped develop the controversial Streams health appMustafa Suleyman, co-founder of British artificial-intelligence firm DeepMind, has announced that he is joining Google. He had previously said he was taking time off from DeepMind. Mr Suleyman helped develop Streams, a controversial...

  • By Daniel Thomas Business reporter, BBC News 5 December 2019 Related Topics Thomas Cook collapse Image copyright Getty ImagesCustomers of defunct tour operator Thomas Cook have reacted angrily after learning they will face delays in getting refunds for Atol-protected package holidays. The Civil Aviation Authority originally said all valid claims made on the first day of its refund programme...

  • 6 December 2019 Image copyright Getty Images Image caption Ari Askhara has been accused of failing to declare the importation of a Harley Davidson and two folding bikesThe boss of Indonesia's national airline is being dismissed over allegations he smuggled a classic motorbike into the country. Garuda's chief executive Ari Askhara has been accused of failing to declare the importation of a Harley...

  • 5 December 2019 Image copyright ReutersState-owned oil giant Saudi Aramco has raised a record $25.6bn (£19.4bn) in its initial public offering in Riyadh. The share sale was the biggest to date, surpassing that of China's Alibaba which raised $25bn in 2014 in New York. Aramco relied on domestic and regional investors to sell a 1.5% stake after lukewarm interest from abroad. The IPO will...

  • 6 December 2019 Image copyright Getty ImagesUber said it received almost 6,000 reports of sexual assault in the United States in 2017 and 2018. While the number of cases rose in 2018, the rate of incidents dropped by 16%, as the number of journeys was higher. Passengers - as opposed to drivers - accounted for nearly half of those accused of sexual assault. The data was published in a report...

  • 6 December 2019 Image copyright Reuters Image caption Train services have been badly affected by the strikeA strike over planned pension reforms that paralysed France on Thursday has entered its second day. Several unions, including rail and metro workers, voted to extend the strike action, meaning another day of major disruptions to key services. It comes after at least 800,000 people protested...

  • 6 December 2019 Image copyright Getty ImagesWorkers at insurance market Lloyd's of London have been told to behave during the Christmas party season. Chief executive John Neal told trade magazine Financial News that staff have been emailed warning them to be "particularly careful". The move by Lloyd's comes after it vowed in September this year to tackle its male dominated culture. A survey it...

  • 6 December 2019 comments Image copyright Getty ImagesThe UK's competition watchdog has accepted a proposal to cap rail fares on certain routes between Preston in Lancashire and Scotland. The agreement is part of a deal with FirstGroup and Trenitalia, who now run the West Coast Rail franchise. The Competition and Markets Authority (CMA) had raised concerns that train ticket prices could rise. It...

  • 4 December 2019 Image copyright Getty ImagesGreetings card retailer Clintons has struck a deal that will stop it going bust this Christmas, administrators KPMG have said. The chain will be salvaged through a complex transaction that allows it to be sold back to its existing owners. It means Clinton's 334 stores can keep trading for now, saving 2,500 jobs. Boss Eddie Shepherd said he was pleased...

  • By Kevin Peachey Personal finance reporter 4 December 2019 Image copyright Getty ImagesInvestors in one of the UK's biggest commercial property funds - worth £2.5bn - have been temporarily prevented from taking out their money. Investment firm M&G said withdrawals from its property portfolio fund had been suspended after investors consistently withdrew their savings. The firm blamed...