Business

Byron outlets set to close in burger chain rescue plan

Image copyright Mowie Kay As many as 20 Byron outlets will close in a rescue plan for Byron, the struggling burger chain, approved by lenders and landlords. Simon Cope, Byron chief executive, said the company voluntary arrangement meant “a number” of restaurants would close. “We will do everything possible to redeploy staff to other sites […]

Business

Rescuing child brides

Image copyright Camfed Image caption Girls who are forced into early marriage are unlikely ever to return to education All too often girls in countries across sub-Saharan Africa can be married off an early age, trapping them in a cycle that is almost impossible to escape. They can be held by poverty, sexual and domestic […]

Business

Global brew

Media playback is unsupported on your device Media captionTran Qui Thanh wants his company THP to become a global brand It is fair to say that businessman Tran Qui Thanh is a colourful character. One of the most successful business owners in Vietnam, every year his company – soft drinks firm THP – holds a […]

Business

US stocks fall for second consecutive day

Image copyright AFP/Getty Image caption The Dow sank by nearly 1.4% on Tuesday US markets have suffered a second day of steep losses, as investors dumped health care companies and Apple. The blue chip Dow Jones Industrial Average sank nearly 1.4%, marking its biggest one-day decline in months. The fall followed the news that Amazon, […]

Business

RBS boss admits restructuring 'mistake'

Image copyright Getty Images Image caption RBS chief executive Ross McEwan told MPs a 2014 claim was ‘not right’ RBS boss Ross McEwan has admitted a statement he made claiming that bank’s Global Restructuring Group helped most of its business customers was wrong. He made the admission to MPs on the Treasury Select Committee on […]

Business

Employers urged to let staff 'rest' during working day

Image copyright PeopleImages Workers should be given places to rest at work to help boost productivity, according to new official guidance. Downtime at work can help employees switch off and get better quality sleep at night, Public Health England says. Better sleep maintains cognitive function in employees, as well as cutting health risks, a blog […]

Business

Amazon joins up with US firms to enter healthcare sector

Image copyright Getty Images Image caption The three biggest private employers in the US are teaming up to offer their employees subsidised healthcare Amazon, JP Morgan and Berkshire Hathaway are joining forces to create a healthcare firm aimed at cutting costs for their US employees. The independent firm would be “free from profit-making incentives and […]

Business

Can cars be used as mini power stations?

Image copyright Nissan The feasibility of using electric vehicles as mini power stations will be tested using government funding of almost £10m. During the trial involving 1,000 car charging points, electric vehicles will feed power back into the national grid. It is seen as a key step towards an economy powered increasingly by renewable energy. […]