BBC News – Business

BBC News – Business

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Global business coverage with macro/markets and trade focus.

Smart Glasses Are 'an Invasion of Privacy' - Meta's Are Selling Better than Ever
NewsMay 13, 2026

Smart Glasses Are 'an Invasion of Privacy' - Meta's Are Selling Better than Ever

Meta’s Ray‑Ban‑styled smart glasses dominate the emerging market, accounting for over 80% of sales and reaching seven million units sold worldwide. While the devices offer hands‑free video, audio and AR features, they have sparked privacy backlash as users record unsuspecting...

By BBC News – Business
From Oil Giants to Banks - These Companies Are Making Billions From Iran War
NewsMay 8, 2026

From Oil Giants to Banks - These Companies Are Making Billions From Iran War

The Iran‑Israel conflict has sent oil prices soaring, boosting profits for European oil majors whose trading desks capitalised on volatility. U.S. banks, led by JP Morgan, recorded record trading revenue, pushing quarterly earnings to multi‑billion levels. Defense contractors such as BAE Systems...

By BBC News – Business
Voters Will Judge Trump on the Economy - How Is It Doing?
NewsMay 3, 2026

Voters Will Judge Trump on the Economy - How Is It Doing?

U.S. GDP grew 2% annualised in the first quarter of 2026, buoyed by massive AI‑related tech investment despite the Iran‑Israel conflict driving oil prices higher. Consumer spending rose 1.6% annualised, but inflation ticked up to 3.3% year‑over‑year, the highest level...

By BBC News – Business
What Do Shoppers Think About the Future of Their High Street?
NewsApr 29, 2026

What Do Shoppers Think About the Future of Their High Street?

A BBC survey of shoppers in North East Lincolnshire reveals mixed feelings about the future of their high street, with many calling for more leisure and residential uses. The findings arrive as the council prepares for elections on May 7, where...

By BBC News – Business
A Fresh Financial Crisis May Be Coming - It Won't Play Out Like the Last One
NewsApr 28, 2026

A Fresh Financial Crisis May Be Coming - It Won't Play Out Like the Last One

A new wave of financial fragility is emerging as private‑credit funds, now worth about $2.5 trillion, face massive withdrawal pressures and layered leverage. Rising oil prices above $100 a barrel and $2 trillion poured into AI have added commodity and market‑valuation shocks....

By BBC News – Business
Nostalgia Wasn't Enough: What Went Wrong at Claire's
NewsApr 28, 2026

Nostalgia Wasn't Enough: What Went Wrong at Claire's

Claire’s announced the closure of all 154 stores in the UK and Ireland, eliminating 1,300 jobs. The teen‑focused jewellery chain, once a high‑street staple, fell victim to a post‑COVID dip in discretionary spending and fierce competition from cheap online retailers....

By BBC News – Business
Why Elon Musk and Sam Altman Are Fighting over OpenAI
NewsApr 27, 2026

Why Elon Musk and Sam Altman Are Fighting over OpenAI

Elon Musk, co‑founder of OpenAI, has filed a lawsuit demanding more than $130 billion in damages, accusing the company and CEO Sam Altman of breaching a non‑compete agreement and misusing his AI‑related intellectual property. The case, filed in a U.S. federal...

By BBC News – Business
Red Rooster Festival Cancelled Due to Rising Costs
NewsApr 22, 2026

Red Rooster Festival Cancelled Due to Rising Costs

The Red Rooster festival, a Suffolk summer staple since 2013, was cancelled for its 12th edition scheduled May 28‑30 at Euston Estate. Organisers said reduced ticket sales and rising operational costs made the event financially unviable. The lineup featured 40...

By BBC News – Business
UK Unemployment Rate Drops Unexpectedly
NewsApr 21, 2026

UK Unemployment Rate Drops Unexpectedly

The UK unemployment rate unexpectedly fell to 4.9% in the February quarter, outpacing the 5.2% forecast. The decline largely reflects a rise in the inactivity rate, now 21%, as fewer students are seeking work. Meanwhile, wages grew at a 3.6%...

By BBC News – Business
Pop-Up Shop Helps Families Cope with Rising Costs
NewsApr 21, 2026

Pop-Up Shop Helps Families Cope with Rising Costs

A monthly pop‑up shop run by LIVE Kettering at Drover’s Hall offers free clothing, toiletries and household goods to residents facing the UK cost‑of‑living crisis. Visitors receive tokens that allow them to select up to ten items, ranging from school...

By BBC News – Business
Charity Offers 'Stigma-Free' Food Poverty Service
NewsApr 21, 2026

Charity Offers 'Stigma-Free' Food Poverty Service

A charity shop in Okehampton, Devon, has opened to combat food‑poverty stigma by letting voucher‑holding clients pick their own groceries. The Affordable Food Shop offers fresh and tinned items at roughly £2.50 per bag (about $3.20), sourced from surplus donations...

By BBC News – Business
'Price of Red Diesel Is Putting Us in the Red'
NewsApr 21, 2026

'Price of Red Diesel Is Putting Us in the Red'

UK farmers are grappling with a steep rise in red diesel, the off‑road fuel used for tractors, which jumped from about £0.78 per litre ($1.00) before the Middle‑East conflict to £1.38 ($1.75) on Monday – a 56% increase. The price...

By BBC News – Business
DHL Staff at Jaguar Land Rover Vote to Strike
NewsApr 16, 2026

DHL Staff at Jaguar Land Rover Vote to Strike

Up to 300 DHL logistics workers at Jaguar Land Rover have voted for an indefinite strike starting May 7, citing the absence of a 2026 pay offer. The strike will affect staff delivering parts and finished cars to the Solihull factory,...

By BBC News – Business
UK House Prices Fall as Iran War Uncertainty Dampens Demand
NewsApr 8, 2026

UK House Prices Fall as Iran War Uncertainty Dampens Demand

Halifax reported the average UK house price fell 0.5% in March to £299,677 (approximately $383,000). The decline follows a 0.3% rise in February and reflects dampened demand as mortgage rates climb amid uncertainty from the Iran‑Israel conflict. Higher energy costs...

By BBC News – Business
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