Business

Barclays pays women 43% less than men

Image copyright Getty Images Barclays pays its female employees 43.5% less than men, according to gender pay gap figures it has submitted to the government. Only 28 of the 1,154 companies that have reported the figures have a higher median hourly pay gap than Barclays. Of all financial and insurance companies that have submitted their […]

Business

Fashion company loses social media followers over same-sex ads

Image copyright Suitsupply Image caption Suitsupply posted several images of men touching and kissing each other across its social media accounts on Wednesday A Netherlands-based men’s suit company has faced a social media backlash in response to an advertising campaign featuring men embracing. Suitsupply, an international men’s tailoring brand, unveiled their new spring/summer 2018 campaign […]

Business

Sacked pregnant worker loses European court case

Image copyright PA Image caption The EU has clarified the rights of pregnant workers The EU’s top court has ruled that firms can dismiss pregnant workers as part of general staff cuts, despite legal protections for pregnant women. The European Court of Justice (ECJ) defended the position of Spain’s Bankia – a bank that was […]

Business

UK economic growth revised downwards

Image copyright Getty Images The UK economy expanded by less than previously thought in the last three months of 2017, official figures say. GDP grew by 0.4% in the October-to-December period, the Office for National Statistics (ONS) said, down from the initial estimate of 0.5%. The revision was due to slower growth in production industries, […]

Business

Stansted Airport plan for 43 million passengers

Image copyright London Stansted Airport Image caption About 26 million passengers used Stansted Airport last year Stansted Airport wants to increase the number of passengers it is allowed to handle each year by eight million. It expects to reach its current cap of 35 million within five years and has applied for planning permission to […]

Business

Reality Check: How much do we spend on fried chicken?

Image copyright Getty Images KFC outlets across the UK have closed temporarily this week as delivery problems led to a shortage of chicken. The fried chicken chain switched its delivery contract last week to DHL, which blamed “operational issues” for the disruption. Nearly half of the restaurant’s 900 outlets were closed on Tuesday night – […]

Business

Barclays reports rise in annual profits

Image copyright Getty Images Barclays has reported a 10% rise in annual pre-tax profit to £3.5bn. The bank was boosted by a reduction in costs over the year and the rise in the value of the dollar and euro against the pound. However, the bank did take some big one-off charges in the year, including […]

Business

Qantas Airways sees record half year profits

Image copyright Getty Images Image caption Qantas chief Alan Joyce hopes to sell non-stop flights from Sydney to London and New York by 2022 Australia’s national flag carrier, Qantas Airways, has posted record profits for the six months to December. The firm, which has been through a major restructuring in recent years, booked underlying profits […]

Business

From 'terrible teen' to thriving entrepreneur

A weightlifter from Newcastle who says she was a “terrible teen” has turned her life around and is now the successful owner of a new type of healthy ‘fast’ food restaurant. The 32-year-old opened the restaurant in 2016 and is planning to branch out into other areas after the concept really took off. This video […]