Tag: new business ideas

TV businessmen Peter Jones and Theo Paphitis have sold the gift experience company Red Letter Days, which they saved from collapse, to rival SmartBox.Both companies sell balloon flights, spa breaks and other activities for people to give each other as presents.The two

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The value of digital currency Bitcoin is making headlines again.Amid volatile trade at the end of November, it hit a peak of more than $11,000 (£8,200) at one point – a staggering rise, given that it started the year at $1,000.So what exactly is Bitcoin, and

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Italian unions are in dispute with Swedish retail giant Ikea over a single mother sacked because she struggled with early morning shifts.Marica Ricutti said she could not start work at 7am because she had to take her two young children – one of them disabled

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Royal Bank of Scotland has closed its so-called “bad bank”, which was set up to handle toxic assets stemming from the 2008 financial crisis.The move is another step on the bank’s road to recoveryIn last week’s Budget, the government revived

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Oil giant Shell says male staff working for the company on average earn 22% more than women in the UK. Shell says that despite this, it is confident it pays equally for equal work, and the difference in pay rates is because of a skills gap, rather than sex

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Elon Musk’s infrastructure firm, the Boring Company, will compete to build a new transport link in Chicago.Mayor Rahm Emanuel is exploring options for a high-speed link between O’Hare Airport and the city centre, and is considering an underground link.Mr

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The chief executive of the London Stock Exchange, Xavier Rolet, has left the company after a bruising boardroom row over his future.The company said Mr Rolet had “agreed to step down with immediate effect” at the board’s request.Mr Rolet was due to

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Railway lines closed in the 1960s could be reopened if they boost the economy, the government has said.The plan forms part of a wider rail strategy under which the government will consider splitting up two of the biggest train operators.The move would affect Great

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A new attempt is being made to improve labelling to prevent edible food going to waste.The waste agency Wrap says food labels use too many different terms, prompting people to throw away usable produce.Milk labels, for instance, typically say milk keeps three days in

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The value of one bitcoin has gone past $10,000 (£7,493). The virtual currency reached the benchmark for the first time, just days after it passed $9,000.It caps a remarkable rise in value for the crypto-currency, which was trading below $1,000 at the start of the

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