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.

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.

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.

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.

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.

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.

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

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

Bankers’ bonuses: No cap under Labour, says Reeves

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

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.

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".