Entries by BBC News - Business

H&M chief quits amidst sales slowdown

The fast fashion firm saw slower sales recently, despite what is usually a busy Christmas period for retailers.

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Halifax: First-time buyers are joining forces to buy properties

New research by Halifax also shows that first-time buyers put an average deposit of £53,414 down last year.

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Universal Music to pull songs from TikTok

It would mean the social media platform would no longer have access to songs by Taylor Swift, The Weeknd and Drake.

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PayPal cuts 2,500 jobs in the face of rising competition

It once dominated the payments industry but firms like Apple, Zelle and Block are taking market share.

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Zuckerberg among tech bosses to testify on child safety

Senators say Meta, X, TikTok, Discord and Snap are not doing enough to protect children online.

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Missed energy bill error saw man pay £244,000 direct debit

Energy firms are ordered to act quickly after the BBC is told of payments for wildly inaccurate bills.

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Dry January: ‘I saved £200 by giving up alcohol’

Jasmine Hoole was one of the millions who gave up drinking for a month.

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Bankers’ bonuses: No cap under Labour, says Reeves

Rachel Reeves tells the BBC that she would not reinstate the cap scrapped last year.

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Post-Brexit controls on food and farm imports start

Wednesday marks the first step in new rules around UK imports of food and animals from the EU.

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Elon Musk sees $56bn Tesla pay deal cancelled in court

The court found the process of deciding Elon Musk's huge 2018 pay award was "deeply flawed".

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