• 18 January 2019 Image copyright Getty Images Nissan and Mitsubishi have said Carlos Ghosn received "improper payments" totalling €7.8m ($8.9m; £6.9m) from a joint venture between the carmakers. The claim follows a joint investigation by the companies into misconduct carried out by Mr Ghosn. Mr Ghosn, former chairman of both firms, has been detained since November on charges involving...

  • 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...

  • 18 January 2019 Media playback is unsupported on your device Media captionMeet the man who inspired Iron Man's alter ego Tony StarkElectric carmaker Tesla has said it will cut its workforce by 7% after the "most challenging" year in its history. In an email to staff on the firm's website, founder Elon Musk said that growth had been strong.But he added it was difficult to make Teslas with their...

  • 18 January 2019 comments Image copyright Getty Images UK retail sales fell by more than expected in December after consumers brought forward their Christmas shopping to November, the Office for National Statistics has said.Sales volumes fell by 0.9%, more than the 0.8% forecast by economists.It comes after a 1.3% rise in November - revised from 1.4% by the ONS - when Black Friday sales lured...

  • 18 January 2019 Related TopicsBrexit Image copyright Getty Images British businesses trading on Amazon have been advised to prepare for a no-deal Brexit to ensure they can continue selling to customers in the EU.The online retail giant has informed sellers that the government said that the "free circulation of goods" between the UK and EU would stop in the event of a no-deal withdrawal.The UK is...

  • 18 January 2019 Image copyright Getty Images Image caption Rupert Murdoch bought the Times titles in 1981 Rupert Murdoch newspapers the Times and the Sunday Times are asking the government for permission to share resources, including journalists, between the two titles.The application to the Department for Digital, Culture, Media and Sport (DCMS) is necessary as legal undertakings were made to...

  • By Reality Check team BBC News 18 January 2019 Related TopicsReality Check The claim: Immigration has held down wages in the UK.Reality Check verdict: Current research suggests there was a small, negative impact on the wages of low-skilled workers, which was outweighed by other factors such as the impact of the financial crisis and rises in the minimum wage. In a Brexit speech, Leave campaigner...

  • 18 January 2019 comments Image copyright Reuters Ryanair has cut its profit forecast blaming lower-than-expected air fares. The airline's chief executive, Michael O'Leary, said Ryanair could not rule out having to cut fares further. Fares are expected to fall 7% this winter.He said the low fares were already causing problems for rivals, including Flybe which was rescued last week.Full-year...

  • 18 January 2019 comments Related TopicsBrexit Image copyright Reuters The UK has yet to finalise agreements to replace existing free trade deals the EU has with 40 big economies if there is a no-deal Brexit.International Trade Secretary Liam Fox said he "hoped" they would but it depended on whether other countries were "willing to put the work in".He said more deals were coming, after signing...

  • 18 January 2019 Image copyright Dream Lodge Group Image caption Dream Lodge Group, which owns eight luxury lodge parks, has gone into administration Hundreds of holiday park goers and investors have been potentially left out of pocket after a luxury lodge firm went into administration. Eighty of the 121 Dream Lodge Group staff, who worked at eight parks across England, have also been made...

  • Lloyds, Halifax and Bank of Scotland customers face payments problems 18 January 2019 Image copyright Getty Images Hundreds of thousands of Lloyds, Halifax and Bank of Scotland customers were unable to make payments from their online accounts today. Some have been facing the frustration of not being able to pay and transfer money online.Others were not able to confirm whether funds were arriving...

  • 17 January 2019 comments Image copyright ASA Image caption Tests revealed the jumper contained real fur - likely to have come from a rabbit Clothing retailers have been told to take immediate action to ensure items they advertise as containing fake fur are not made from real fur.The UK's advertising watchdog has given them a deadline of 11 February, after which they may face sanctions.Last week...

  • By Simon Read Personal finance reporter 17 January 2019 comments Related TopicsBrexit Image copyright Reuters If UK motorists plan to drive abroad after 29 March, they need to act soon or risk breaking the law.That's because a no-deal Brexit would leave drivers needing to have proof of insurance known as a Green Card.EU regulations will hit businesses and individuals. They will also apply to...

  • 17 January 2019 Image copyright MyOnlineSecurity Image caption One sign that the webpage is fake is that it uses the wrong font An investment scheme is using a fake BBC News webpage to convince members of the public to hand over funds.The spoof page references a Bitcoin-themed documentary broadcast by Panorama last year, but links on the page direct visitors to a site promising to make them a...

  • 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...

  • 17 January 2019 Image copyright Getty Images The Financial Conduct Authority, which regulates the country's biggest firms, has revealed it pays its male staff a fifth more than its female staff. The watchdog's median gender pay gap was 21.2% in 2018 - up from 20.9% in 2017 despite a pledge to improve.The average gap across all UK companies last year was half the size at 9.7%. Nicky Morgan MP,...

  • 17 January 2019 Image copyright The Vanguard Group Image caption Investors were initially slow to put their money into John Bogle's index funds When Jack Bogle first said he was going to sell index tracker funds back in 1976 he was ridiculed. But the idea was destined to upend the status quo by providing ordinary people with cheap and low-risk ways to invest.When news came through, that the "the...

  • By Simon Read Personal finance reporter 17 January 2019 comments Image copyright Getty Images The housing market outlook over the next three months is the worst for 20 years, surveyors say.A net balance of 28% of Royal Institution of Chartered Surveyors (RICS) members expect sales to fall in the next three months.It's the most downbeat reading since records started in October 1998 and the...

  • Nuclear plant in Anglesey suspended by Hitachi 17 January 2019 Related TopicsWylfa nuclear power Image copyright Horizon Nuclear Hitachi has said it will suspend work on a multi-billion-pound UK nuclear project because of rising costs.The decision puts thousands of jobs at risk if the £13bn plant at Wylfa Newydd in Anglesey, north Wales, is scrapped.The Japanese firm had been in talks with...

  • "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...