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Almost one million young people still not in work or education, figures show
Posted onKate McGoughBBC News, education reporter BBC Almost a million young people are still out of work, education or training, new data suggests. The number of so-called Neets – those aged 16-24 who are unemployed or economically inactive in the UK – had fallen slightly to 946,000 between July and September, down from 948,000 in the…
BP names new boss as current CEO leaves after less than two years
Posted onArchie Mitchell and Josh MartinBusiness reporters Reuters Newly appointed BP chief executive Meg O’Neill currently runs Australian oil and gas firm Woodside Energy BP has appointed a new chief executive, making Meg O’Neill the first woman to run a major global oil firm. The London-based energy giant said its current boss Murray Auchincloss would step…
I used my own savings to start Urban Air
Posted onThis as-told-to essay is based on a conversation with Michael Browning Jr., founder and CEO of Unleashed Brands. It has been edited for length and clarity. When I opened a trampoline park in Fort Worth, Texas, in 2011, it was the 6th trampoline park in the country, to my knowledge. Fourteen years later, it’s led…
VAT to be cut from electricity bills in October
Posted onJones, who was also previously chief secretary to the Treasury, wrote on X, external that the Digital ID programme was unfunded. While praising the VAT cut as “good”, he said “the government will have to set out how it will pay for its new policies at the budget”. Conservative Shadow Chancellor Mel Stride also criticised…
Hotel adverts banned by watchdog over misleadingly cheap rooms
Posted onArchie MitchellBusiness reporter Getty Images Adverts by four of Britain’s biggest hotel and travel firms have been banned for stating misleading minimum prices for rooms. The Advertising Standards Authority (ASA) upheld complaints against the Hilton hotel group, Travelodge, Booking.com and Accor over their use of eye-catching so-called “from” prices. The watchdog found only a small…
