Bankruptcy 'Our paychecks bounced': US workers in limbo after coalmines suddenly closeThe Guardian - Michael SainatoOn 1 July, Missy Cole was notified by her bank that her husband’s most recent paycheck had bounced, leaving their account more than $1,000 in the red. Her husband had worked as a coalminer for nearly years
Neil Woodford Neil Woodford's listed fund invests £10m in Atom BankThe Guardian - Kalyeena MakortoffNeil Woodford’s stock-market-listed fund has announced its first major investment since the shuttering of its flagship sister vehicle last month. Woodford Patient Capital Trust confirmed on Monday that
Play buttonEnvironment Adani protest: French journalists arrested while filming anti-coal activitiesThe Guardian - Ben SmeeFour journalists working for the public television network France 2 have been charged with trespassing for filming a protest near the Abbot Point coal terminal, in north Queensland, targeting the operations
Nasdaq Chinese tech shares leap up to 500% as Nasdaq-style market launchesThe Guardian - Kalyeena MakortoffChina’s tech scene was handed a fresh vote of confidence as investors piled into Shanghai’s new Nasdaq-style stock exchange and sent shares skyrocketing up to 500%. The launch of the Star listing of domestic
Banking Have central bank gambles paid off?The Guardian - Mohamed El-ErianIn recent years, central banks have made a large policy wager. They bet that the protracted use of unconventional and experimental measures would provide an effective bridge to more comprehensive measures
Banks accused of abandoning England's poorest communitiesThe Guardian - Miles BrignallBanks are closing branches in deprived communities in England four times faster than in wealthy areas. High street banks have collectively closed 990 branches in the most deprived areas of the country
Energy regulator is out of touch over climate crisis, say businessesThe Guardian - Jillian Ambrose Energy correspondentThe UK energy regulator is under fire for failing to prioritise the climate emergency as it draws up plans for Britain’s energy system. Britain’s biggest business group, the CBI, is concerned that Ofgem
The Guardian Tenants will be given access to rogue landlord databaseThe Guardian - Gwyn TophamCampaigners have welcomed government plans to open up its rogue landlord database to prospective tenants, as part of proposals to give greater protection to renters. A package of reforms published for
Unilever Ex-Unilever boss seeks 'heroic CEOs' to tackle climate change and inequalityThe Guardian - Sarah ButlerThe former boss of Unilever is seeking a team of “heroic chief executives” to drive a shift to a low-carbon, more inclusive way of doing business. Paul Polman, who stepped down from the Anglo-Dutch owner
West Wales Regional policy requires rethink as myth of London's productivity debunkedThe Guardian - Larry ElliottThere is a demand for solicitors in Bodmin just as there is in Barking Britain’s regional divide is well known and well documented. The richer bits of the country tend to be clustered below a line drawn
Freight If the economy is so good, why are some truckers doing so poorly?The Guardian - Gene MarksTimes are good right? Economic growth is strong. Unemployment is low. Business and consumer confidence remains high. It’s pretty easy to say that most small business owners are doing pretty well this Except
Iranian Panama deregisters oil tanker that strayed into Iranian watersThe Guardian - Guardian staff and agenciesPanama’s maritime authority has begun the process of withdrawing the registration of the oil tanker MT Riah, which ended up in Iranian waters after it disappeared from ship tracking maps in the strait
Barnaby Joyce Labor must lead the fight to increase Newstart. Otherwise, what's the point of it?The Guardian - Greg JerichoBe loud and clear. And be an opposition It’s nice that now that the election is out of the way some media groups and politicians are discovering that Newstart is too low. Even Nationals MP Barnaby Joyce
Brexit Weary firms gear up to hit the Brexit pause button – for a second timeThe Guardian - Jasper JollyThe six-month delay to the Brexit deadline has given some companies, particularly further down the supply chain, more time to make preparations British manufacturers are preparing for a re-run of the build-up
Brexit Prices rise for British tourists as Brexit puts the pound in the shadeThe Guardian - Larry Elliott and Tiernan PhippsAfter what one currency analyst described as a no-deal arms race between Johnson and Hunt, the only way for the pound was down Sun, sea and sinking sterling. News of a fresh decline in the value of the
Opinion (UK) Labour and Tories both plan to borrow and spend. Is that wise?The Guardian - Phillip InmanLabour may find that, following decades of neglect, pouring financial fertiliser on the regions has little effect As the next Tory leader, and possibly a general election, loom, the UK electorate must
Waitrose Waitrose to axe seven more stores putting 700 jobs at riskThe Guardian - Sarah ButlerWaitrose is closing seven supermarkets as it undergoes its second round of store reductions this year, in a move that puts nearly 700 jobs at risk. Three supermarkets, in Bromley in London, Oadby in Leicestershire
Waitrose 'They sell duck eggs!' Waitrose shoppers react to closuresThe Guardian - Zoe WoodThe sign outside Waitrose offers a “sad goodbye” to Bromley residents who have been shopping in its Sundridge Park store for more than 40 years. The store is closing in the autumn because the supermarket
Euro As the pound dips, how to get best deal for your holiday cashThe Guardian - Miles BrignallThe timing couldn’t have been much worse. Ahead of yesterday’s school break-up and the big holiday getaway, the pound dipped this week to its lowest value against the euro since the start of the year.
Bankruptcy Bankruptcy for Barneys? Symbol of New York luxe faces uncertain futureThe Guardian - Edward Helmore in New YorkNo one wants to buy brand new luxury handbag at $2,500 and then discard it. Consumers are more conscious Hitha Herzog As manifestations of materialism go, few embody New York over the last two decades
Boeing Boeing Max 737: airlines delay plane's return until NovemberThe Guardian - Gwyn TophamThe swift return of Boeing’s 737 Max aircraft to the skies was put further in doubt this week with airlines signalling that they do not hope to operate the plane any time soon. With more than four months
Deficits Worsening public finances give next PM a sharp 'reality check'The Guardian - Larry Elliott Economics editorPledges by Boris Johnson and Jeremy Hunt to cut taxes and increase spending have come just as the UK’s public finances have shown a marked deterioration, according to the latest official figures. In what
Compensation Zero-hours workers may get compensation for cancelled shiftsThe Guardian - Sarah ButlerCompanies could be forced to compensate workers on zero-hours or flexible contracts for cancelled shifts, under government proposals. The business secretary, Greg Clark, launched a 12-week consultation
Business Gold price hits six-year high as investors await US interest rate cutThe Guardian - Jasper JollyGold prices have hit their highest levels in six years as investors brace for an interest rate cut by the US Federal Reserve and seek a safe haven amid tensions between Washington and Tehran. The price
Private Equity Liberty store sold to private equity group in deal worth £300mThe Guardian - Sarah ButlerA controlling stake in department store Liberty London has been sold to a private equity-led consortium in a deal valuing the business at £300m. The retail landmark, which was founded by Arthur Lasenby
Boeing 737 MAX Boeing to take $4.9bn charge due to grounding of 737 Max jetsThe Guardian - ReutersBoeing reported on Thursday it would take an after-tax charge of $4.9bn in the second quarter on estimated disruptions from the prolonged grounding of its lucrative 737 Max passenger jets, after two deadly
Business Amazon is spending big to retrain employees – and so should youThe Guardian - Gene MarksAmazon has been getting a lot of bad press lately, with workers protesting conditions and wages and the EU announcing that it is now weighing antitrust investigations against the e-commerce giant. But
Private Equity Where Asos profits will come from is anyone's guessThe Guardian - Nils PratleyOnline-only clothing retailer Asos has invested about £700m of capital in the past five years on the theory that a pot of gold awaits the company that can become “the world’s leading fashion destination
Debenhams Debenhams seeks £50m to ease Christmas trading periodThe Guardian - Sarah ButlerDebenhams is lining up a £50m cash buffer from its lenders as it braces for a difficult Christmas trading period. The ailing department store, which is owned by a consortium of banks and hedge funds after
