Business News

IT experts warn that old systems and “sticking plaster” fixes mean more bank outages like TSB’s are likely.

The American food chain Pizza Hut is taking a slice of Ethiopia’s fast-growing economy.

The BBC’s Aaron Heslehurst explains how tea bags became a million dollar idea.

GDP growth fell to 0.1% in the first quarter of 2018 driven by a sharp fall in construction.

But the increases have been largest among the partners of higher-earning men, says the IFS.

Designers say it’s first time a machine of this kind has been able to carry people in a functioning vehicle.

The majority state-owned bank reports a quarterly profit of £792m as it continues its recovery.

Crown casino’s penalty for slot machine tampering may be the largest of its kind, advocates say.

Management firms issue 5.65m notices to British drivers in a year, according to the RAC Foundation.

One Chinese firm has transformed a mining disaster area into the world’s biggest floating solar farm.

Low-cost genetic testing coupled with health data analysis is promising to transform medicine.

Some people hate the new Ribena so much, they’ve started to stockpile the last “classic” bottles.

Public Accounts Committee says people are paying for a franchising model that doesn’t work.

The online retailer beat expectations with a 43% rise in revenues during the first quarter.

The discount retailer is mulling a number of options, including a company voluntary arrangement.

The discount retailer explores restructuring, as Carpetright’s creditors approve a store closure plan.

The Belgium Gaming Commission finds video game loot boxes violate its gambling legislation.

The Japanese company’s fast-selling console boosts profits, as a new president is announced.

The Football Association receives an offer to sell Wembley Stadium, in a deal understood to be worth £900m.

Germany’s biggest lender is to scale back its corporate and investment banking operations.

A parliamentary committee says evidence from Facebook’s chief technology officer was unsatisfactory.

Paul Pester told BBC Radio 5 live that the ongoing chaos has been ‘unacceptable’.

A European court agrees to allow the world’s top earning footballer to trademark his own name.

The bookshop chain, which has 283 outlets, is snapped up by investment firm Elliott Advisors.

But the bank’s chief tells the BBC it will “come back fighting” after more than six days of IT chaos.

The competition watchdog says the planned merger of the two energy giants could face an in-depth inquiry.

The bank says that while it paid $2bn to settle a lawsuit, it resolved a decade-old legacy issue.

Sales of memory chips and its new Galaxy S9 smartphone help boost the South Korean giant’s performance.

Cubeyou denies that data collected through quizzes on the social media site was misused for marketing.

Japan’s cherry blossom festival is a short-lived spring experience that draws millions of visitors.