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Rich List 2017: UK’s super-rich carry on making billions

Rich List 2017: UK’s super-rich carry on making billions

Image copyright PA/AFP Image caption Clockwise from top left: Zlatan Ibrahimovic was a new entry, while Adele, Gopi Hinduja and James Dyson all increased their wealth The UK’s richest 1,000 people “kept calm and carried on making billions” amid the Brexit vote of 2016, according to the Sunday Times Rich List. Their wealth rose by […]

Rich List 2017: No Brexit ‘chilling effect’ on wealth of super-rich

Rich List 2017: No Brexit ‘chilling effect’ on wealth of super-rich

Image copyright PA/AFP Image caption Clockwise from top left: Zlatan Ibrahimovic was a new entry, while Adele, Gopi Hinduja and James Dyson all increased their wealth The UK’s richest 1,000 people “kept calm and carried on making billions” amid the Brexit vote of 2016, according to the Sunday Times Rich List. Their wealth rose by […]

Automation poses a high risk to 1.2m Scottish jobs, report says

Automation poses a high risk to 1.2m Scottish jobs, report says

Image copyright Getty Images Nearly half of Scottish jobs could be carried out by machines in just over 10 years’ time, a report has warned. The Institute for Public Policy Research Scotland said 46% of jobs – about 1.2 million – were at “high risk” of automation in the period up to 2030. The think […]

Diesel scrappage scheme being considered

Diesel scrappage scheme being considered

Image copyright Getty Images Image caption The increase in diesel cars in the UK has caused levels of NO2 to rise rapidly The government’s draft clean air plan has been dismissed as “toothless” and “weak” by critics. Under the proposals to tackle dirty air, some drivers of older cars could be paid to move to […]

US jobs growth accelerates in April

US jobs growth accelerates in April

Image copyright Reuters Image caption The US hospitality industry was one of the drivers behind the stronger than expected jobs figures US jobs growth staged a bigger recovery than expected in April as businesses added 211,000 posts. Figures from the US Department of Labour also showed the unemployment rate dropped slightly to 4.4%, compared with […]

Marks and Spencer names Archie Norman as new chairman

Marks and Spencer names Archie Norman as new chairman

Image copyright REX/Shutterstock Retail veteran and former Conservative MP Archie Norman has been named Marks and Spencer’s new chairman. Mr Norman, who built his reputation as boss of Asda, will replace Robert Swannell, who joined M&S in 2010. The announcement comes days after M&S hired the boss of Halfords, Jill McDonald, to take charge of […]

China’s first big passenger plane takes off for maiden flight

China’s first big passenger plane takes off for maiden flight

Image copyright AFP China’s first large domestically made passenger aircraft has completed its maiden flight, mounting a major challenge to Boeing and Airbus. After about 90 minutes in the air the plane landed safely back at Pudong airport in Shanghai. The plane is a key symbol of Beijing’s soaring ambitions to enter the global aviation […]

Johnson & Johnson ordered to pay $110m in US talc cancer case

Johnson & Johnson ordered to pay $110m in US talc cancer case

Image copyright Getty Images Image caption J&J says it defends the safety of its baby powder product Pharmaceutical firm Johnson & Johnson (J&J) has been ordered by a US court to pay more than $110m (£85m) to a woman who says she developed ovarian cancer after using its talcum powder. Lois Slemp, 62, from Virginia, […]

Oil price tumbles to five-month low

Oil price tumbles to five-month low

Image copyright Getty Images The oil price has fallen to a five-month low as investor concerns re-surface about a worldwide glut. Brent crude dropped by more than $2 on Thursday to below $49 a barrel, hitting its lowest level since oil cartel Opec struck a landmark deal to cut output on 30 November. Analysts said […]

Burberry to relocate 300 jobs from London to Leeds

Burberry to relocate 300 jobs from London to Leeds

Image copyright PA Image caption Burberry will open a new business services centre in Leeds in October Fashion retailer Burberry has announced plans to relocate 300 jobs from its London offices to West Yorkshire as part of cost-saving measures. The luxury brand said it plans to open a new business services centre in Leeds in […]

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