Business

Families 'struggle' without washing machines

Image copyright Getty Images Some households face an “intolerable struggle” as they are living without basic household appliances, a charity has said. Some did not have the money to buy or replace washing machines, cookers and fridges, the Turn2Us charity said. Others rely on high-cost credit, such as hire purchase, to have these appliances in […]

Business

Japan expands unilateral sanctions against North Korea

Image copyright Getty Images Japan has imposed fresh sanctions against North Korea as it seeks to ramp up pressure on Pyongyang over its nuclear and missile programmes. Chief cabinet secretary Yoshihide Suga said the assets of another 19 entities and individuals would be frozen. More than 210 organisations and people from countries including China and […]

Business

ECB keeps eurozone interest rates unchanged

Image copyright Reuters The European Central Bank has kept its interest rates and economic stimulus programme unchanged, with attention now switching to its latest forecasts for clues to future policy direction. Its main interest rate for countries in the eurozone remains at zero. The bank’s asset purchase programme will drop from €60bn to €30bn a […]

Business

Walt Disney buys Murdoch's Fox for $52bn

Walt Disney says it is to buy 21st Century Fox’s entertainment assets for $52.4bn (£39bn). The deal includes Fox’s 39% stake in satellite broadcaster Sky, and the 20th Century Fox film studio, Disney announced. Fox’s remaining assets, including news and sports, will form a new company. The deal ends more than half a century of […]

Business

UK interest rates kept on hold at 0.5%

Image copyright Reuters The Bank of England has kept interest rates on hold in its first meeting since last month’s decision to raise rates for the first time in 10 years. Members of the Monetary Policy Committee (MPC) voted unanimously to keep interest rates at 0.5%. At its November meeting the MPC raised rates from […]

Business

The pig farmer taking on Tesco

Image copyright Richard Baugh Pig farming can be a messy business, but some say supermarkets are playing an even dirtier game. Richard Baugh’s family have been raising pigs for three generations at Woodside Farm in rural Nottinghamshire. But Mr Baugh says he’s been forced to change the name of his business after Tesco rebranded its […]