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Panic buying

Image copyright Getty Images Image caption Many firms are panicking as cyber-attacks and regulatory fines threaten profits With cyber-attacks increasing in frequency and severity, many companies are turning to insurance to cover their mounting losses. But can insurers quantify the risk accurately and could insurance lead to corporate complacency? Many …

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Carillion collapse: Ministers hold emergency meeting

Image copyright Reuters Cabinet ministers are holding a crisis meeting to keep vital public services going after the collapse of key government contractor Carillion. The construction giant, which provides services for schools, prisons and hospitals, has gone into liquidation, threatening thousands of jobs. An emergency Cobra meeting was planned for …

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Trouble brewing

Image copyright Carmel King Image caption Wild Card head brewer Jaega Wise wants beer with sexist branding to be banned from competitions Women in the beer industry say they are the victims of “horrific” sexism, including being groped at events, abused on social media and belittled in their jobs. They …

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Cammell Laird shipyard: Two 24-hour strikes announced by GMB members

Image copyright PA Image caption The strikes will take place later this month Workers at shipbuilders Cammell Laird are to stage two 24-hour strikes in a dispute over pay and conditions. The GMB trade union said up to 500 of its members at the Birkenhead shipyard will walk out on …

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Saudi Ritz 'gilded jail' hotel to reopen

Image copyright AFP Image caption The hotel has been a luxury detention centre since early November A luxury Saudi hotel which has been a detention centre for dozens of princes and top officials held in a corruption drive since November is to reopen. The five-star Ritz-Carlton in Riyadh is taking …

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Nationwide delays Open Banking launch

Image copyright Nationwide The Nationwide building society was given a last-minute extension to prepare for an overhaul in banking competition. Open Banking, a system allowing customers to securely use their payment history to get better deals, started on 13 January. The UK’s nine biggest current account providers were told by …

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Coca-Cola to cut bottle size but increase price in face of sugar tax

Image copyright Getty Images Image caption Coca-Cola has confirmed the price of its larger bottles, including 500ml, will rise in March Coca-Cola has announced it will cut the size of a 1.75l bottle to 1.5l and put up the price by 20p in March, because of the introduction of a …

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Spain to replace US as second most popular tourism spot

Image copyright Getty Images Image caption Spain is now set to become the world’s second most visited destination Spain is set to replace the US as the world’s second most popular tourism location, with France retaining top spot, according to the UN World Tourism Organization (UNWTO). Overall, the number of …

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'That's it, go home'

Image copyright PA Construction and services company Carillion has collapsed, putting thousands of jobs and pensions at risk. The firm is involved in major public projects such as the HS2 high-speed rail line and manages public service contracts including schools and prisons. Employees and sub-contractors alike have reacted to the …

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Ford to boost investment in electric cars by 2022

Image copyright Getty Images Image caption Ford used the show to unveil its new Ranger 2019 pick-up truck Ford says it will boost its investment in electric vehicles to $11bn (£8bn) in the next five years, more than doubling a previous commitment. Chairman Bill Ford said the car maker would …