Tag: new business ideas

Over a century ago, Reunion Island in the Indian Ocean used to be the world’s leading producer of geranium oil – a fragrant oil used in cosmetics and culinary dishes. But over the past 100 years the industry has all but died out on the island as countries

Read More

Media playback is unsupported on your device Families could be left homeless and destitute if Theresa May insists on pressing ahead with Universal Credit, a former top adviser has warned.Dame Louise Casey urged the prime minister to pause the rollout of the new

Read More

London house prices have fallen for the first time in eight years, the Nationwide says, dropping 0.6% year-on-year in September.Across the UK, annual price growth slowed to 2%, down from 2.1% in August.That is the slowest rate of increase since June 2013, according to

Read More

Interest rates will rise in the “relatively near term” the Governor of the Bank of England has told the BBC. In the clearest indication yet that there could be a rate rise as early as November, Mark Carney suggested that it was time for the bank to

Read More

ITV led the FTSE 100 share index higher after Barclays upgraded its rating on the broadcaster to “overweight”.Shares in ITV were up 2.3% in early trade, with the FTSE 100 rising 18.19 points to 7,341.01.Mining firms also bolstered the index, with Glencore

Read More

Troubled UK building and services firm Carillion has seen its share price fall 18% after it said full-year results would be below current expectations.The firm reported a first-half loss of £1.15bn and said it had taken an impairment charge of £134m on its UK and

Read More

The Treasury under the Conservatives has “washed its hands” of responsibility for financial stability, former Labour MP Ed Balls has said. “It has said ‘leave it all to the Bank of England,'” Mr Balls told the BBC. It comes as former

Read More

Monday 2 October is a red letter day in the gourmet world. It’s when the Michelin Guide declares which restaurants have been awarded three stars – its highest accolade – and which have had a star taken away. The Michelin inspectors can give chefs

Read More

Car parts of the future could be made out of a surprising material. Wood. Researchers in Japan are working to create a strong material out of wood pulp that could replace steel parts in vehicles within a decade. Work is also charging ahead in the country to develop

Read More

Ryanair has been told to correct its compensation policy for passengers by Friday afternoon after thousands of its flights were cancelled.The UK’s Civil Aviation Authority says the airline must stop misleading passengers about the option to be re-routed with

Read More