Home / Business

Business

Quibi: Why did the video app go so wrong?

By James ClaytonNorth America technology reporter image copyrightQuibi/Getty Images Quibi pulled the plug on its video-streaming service this week, capping an extraordinary year for the company. At the start of 2020, it was seen by some as the future of “snackable” smartphone entertainment. Shows were shot so they could be …

Read More »

Brexit: Is Northern Ireland ready for 1 January?

By John CampbellBBC News NI Economics & Business Editor image copyrightGetty/ktsimage The Brexit transition period ends on 31 December, which will mean big changes to Northern Ireland’s economic relationship with the rest of the UK. However, there are still many unanswered questions. What is changing? At 23:00 GMT on 31 …

Read More »

What went wrong at Debenhams?

By Daniel ThomasBusiness reporter, BBC News image copyrightGetty Images Debenhams is set to close all of its 124 stores after last-ditch efforts to rescue the department store chain failed. It looks like it is finally the end for the 242-year old business. It reached its position as a lynchpin of …

Read More »

If public spending was £100, how would it be split?

By Dharshini DavidBusiness correspondent image copyrightGetty Images Along with the keys to No 11 Downing Street, the chancellor is given the job of doling out hundreds of billions of pounds of taxpayer money every year. In fact, for the first time this year, government spending will top a massive £1 …

Read More »

Spending Review: Key points from Rishi Sunak's statement

image copyrightReuters Chancellor Rishi Sunak has set out what the UK government will spend on health, education, transport and other public services next year. In a statement in Parliament, he also briefed MPs about the state of the UK economy and the latest forecasts for the UK’s public finances, which …

Read More »

Covid-19 shakes up world’s most expensive city club

image copyrightGetty Images image captionHong Kong skyline The world’s three most expensive cities are now Hong Kong, Zurich and Paris, according to a new cost of living report. Singapore and Osaka, which were equal first with Hong Kong last year, have slipped down the rankings. The Economist Intelligence Unit’s annual …

Read More »

Covid insurance test case heads to Supreme Court

By Kevin PeacheyPersonal finance correspondent Related Topics Coronavirus pandemic image copyrightGetty Images A hotly-contested case about insurance payouts for small businesses who were unable to trade owing to lockdown heads to the Supreme Court on Monday. A host of businesses closed or faced significant losses, so made claims on their …

Read More »

Manchester United results released in error

Ole Gunnar Solskjaer guided Manchester United to victory in their most recent Premier League game at Everton Manchester United remain “absolutely committed” to manager Ole Gunnar Solskjaer, says executive vice-chairman Ed Woodward. Woodward’s comments were contained in the club’s first-quarter results, released early in error on Thursday. Solskjaer came under …

Read More »