Business

Under-30s ‘spend less than same age group in 2001’

Image copyright Getty Images Young people under 30 are spending less on non-housing items than the same age group in 2001, a new report suggests. The Resolution Foundation think tank studied changes in pay, housing, taxes and benefits to see if it was still true that newer generations are better off than their predecessors were. […]

Business

All aboard Britain’s first hydrogen train

Media playback is unsupported on your device Media captionHydrogen trains: Are these the eco-friendly trains of the future? Hydrogen-powered trains are arguably the greenest trains out there. “Mini power stations on wheels”, is how Alex Burrows from the University of Birmingham describes them. He is the project director for the ‘Hydroflex’ train which was showcased […]

Business

The ‘monsoon’ rain hitting UK business

Image copyright Nina BarbourImage caption Nina Barbour said conditions at the start of the event had been like a “monsoon” “We had monsoon conditions at the start”, says Nina Barbour. For many British businesses, this long spell of wet weather has been challenging and costly. Nina Barbour is director of Bolesworth Estate, where one of […]

Business

When is a sausage not a sausage?

Image copyright Getty ImagesImage caption Vegan alternatives to meat are growing in popularity Should words like “sausage” and “burger” only be used to describe foods that contain meat? Under an EU proposal put forward in April, the answer is yes – although experts are due to raise their objections to the plan at a House […]

Business

Rising levels of poverty in working families

Image copyright Getty Images As a care worker Liam Doherty knows all too well, if you’re in a low-paid job, the slightest setback can capsize your finances. The Irishman moved to the UK in September 2013, bringing his wife Debbie and four children from County Limerick to take up a job in Dawlish in Devon. […]

Business

‘Money mules’: Rising numbers are in middle age

Image copyright Getty Images Middle-aged people are increasingly being lured into becoming “money mules” and their bank accounts used to launder proceeds of crime, a report suggests. More than 40,000 cases which “bore the hallmarks” of money mule activity were reported to UK fraud prevention service Cifas last year, up 26% on 2017. The largest […]

Business

Heathrow reveals expansion ‘masterplan’

Image copyright Grimshaw ArchitectsImage caption The architects’ visualisation of Heathrow’s planned expansion shows the third runway, new terminals and carparks Heathrow Airport will construct a third runway by 2026 and complete its expansion by 2050, according to its “masterplan” published on Tuesday. The plan includes diverting rivers, moving roads and rerouting the M25 through a […]