Wednesday, 2 August 2017

Shortage of homes keeping prices high, says Nationwide

http://www.bbc.co.uk/news/business-40788010

In this article i read that housing prices are rising because the economy is growing. It is believe that the average price for a house in the U.k. is around 2.5 thousand pounds. It is also said that the percentage of growth has increased over the past year by 2.9% which is lower than the past month, which was 3.1%. This shows that over the last month the housing prices will rise due to the growth in economy.

Tuesday, 1 August 2017

More than 2,500 products subject to shrinkflation, says ONS

http://www.bbc.co.uk/news/business-40703866

In this article i read that products have been cutting down size but staying at the same price. I also read on social media that the Toblerone reduced the amounts of triangles in the bar, and there was a huge uproar about it, while people were claiming that they were being 'ripped off'.  Andrex toilet tissue, which used the catchline "Soft, strong and long" alongside the famous Labrador puppy, has shrunk its rolls from 280 sheets originally, first to 240 sheets. The BBC interviewed an employee from the company of Andrex about the shrinkflation, and this is what they said: "Reducing the roll by a number of sheets has helped us make this multi-million pound investment in product performance possible," Even though it may be a few amounts individual products in the overall product, it will help the company save money with lowering the cost, and it doesn't massively effect the consumer. 

Thursday, 13 July 2017

Formula 1 teams up with Snapchat

http://www.bbc.co.uk/news/business-40591989

In this article it is talking about how F1 has partnered with the social networking application: Snapchat. They're creating their very own 'Our Stories' which will contain videos and pictures from the event that is occurring this weekend.

F1's strategy is to team up with lots of other social media platforms to expand the event and advertise it more.

F1's stories will be accessible in the UK and the USA. The Snapchat will then follow the Grand Prix all around to the different countries that is holding the races.

Snapchat said: "Our Stories allow Snapchatters at the same event to contribute their unique perspectives through video and photo Snaps to one collective Story, capturing the atmosphere and excitement,"

Frank Arthofer, head of digital at F1, said: "This is the first step towards expanding our social media strategy. We need to continue to bring new fans to the sport - by reaching out to them on social media platforms with behind the scenes, fun and engaging content. Snap's platform is one of the most popular among 'millennials,' a sector we are particularly keen on attracting, as it represents the future of our sport."

Weak Pound Sees Surge in Toursits visting the UK

http://www.bbc.co.uk/news/business-40592623

In this article I read that the number of people visiting the UK for holiday has rose 21.1% after Brexit. This shows that tourists aren't hugely bothered by the exchange rate. Although the number of business visitors declined.

The same with the British. They were not discouraged to travel abroad after the currency change. There was a rise of 8.1% of British people going over seas, this increase was from the amount that travelled at this same time, but last year.

Many countries has seen an increase in visitors from all over the world, resulting in America the amount of spending to the amount of visitors is a vast difference.

Tuesday, 21 March 2017

YouTube getting strict with what they allow...

http://www.bbc.co.uk/news/business-39336974

This article oiis all ablout how YouTube have started monitoring what they allow to  advertise on they  pages. They have been affected as many companies have pulled out of advertising in youtube  due to the hurtful content that is being published elsewhere on YouTube.

No free Coffee! :0

http://www.bbc.co.uk/news/business-39339828

Social out-rage about Waitrose loyalty scheme saying they have to 'buy something' before getting a 'free coffee'.
Many comments have been made about how nothing is free anymore: plastic bags, air, food on planes, have all now been added a charge of.

Wednesday, 8 March 2017

UK house prices accelerated in February, says the Nationwide

http://www.bbc.co.uk/news/business-39126047

This news article is all about how the prices of the housing have increased 4.5% in the past year, but then another 0.6% just since January. They have also predicted that the house prices will rise again over the course of the year by another 2%

Fresh Uber row as boss swears at driver upset with fares

http://www.bbc.co.uk/news/technology-39124096

This article was all about how the boss of Uber has been caught out many times by causing uproar within the business and has claimed that he will change his actions within the business by getting another manager to help him do his job.

Wednesday, 1 March 2017

Shipping slump: Why a vessel worth $60m was sold as scrap

http://www.bbc.co.uk/news/business-38653546

this article is about how the worth of a shipping container was once worth loss of money and now the demand for overseas shipping has gone down, so has the price of the shipping boats.

BT landline-only customers set to get £5 off monthly bills

http://www.bbc.co.uk/news/business-39112871

This article is about how landline payments are going to go down as they believe that elderly people aren't getting the value for their money.

Thursday, 2 February 2017

HBOS Fraud

http://www.bbc.co.uk/news/business-38842723

This article was all about how a company was created and approached other companies and told them that their company will fail if they don't let them help them. They bribed the banks shareholders and customers. They would approach the bank and say that the bank is in great danger and would collapse if they didn't get their help, but they were buttering them up and taking their money.

Saturday, 21 January 2017

Gender Stereotype Outrage

http://www.bbc.co.uk/news/business-38678540

This article is about how supermarkets cards are guiding children in ways that are sexist. The cost of making cards is at 1.7bn a year and by changing what they are producing would cost them. Although the supermarket has argued that changing these cards would be a quick process. This also affected Lego as well, but they have seemed to have made a change around by changing some products to the customer needs.

Personal Data being shared

http://www.bbc.co.uk/news/business-38694016

This article was about how companies had been selling peoples personal information over the age of 50, mainly for their pensions to try to con them into giving money away and moving their money. As a result of this the government have decided to stop cold calling overall, even to people who do not have an issue with marketing calls.