PPI fuelling fraud culture, says Barclays boss
Craig TaylorThe level of bogus claims is enormous and the government is complicit, the bank’s chairman says. BBC News – Business
Business
Minimum wage: Workers underpaid by record £15.6m
Some 200,000 workers missed out on being paid at least the minimum wage rate in the past year. BBC News – Business
Evans Cycles seeks new owner amid cash crunch
The bike store chain needs fresh funding as it struggles with tough trading conditions. BBC News – Business
Tesco’s new discount chain Jack’s takes on Aldi and Lidl
The new supermarket aims to have the cheapest prices and will offer far fewer products than Tesco. BBC News – Business
Anger mounts over House of Fraser gift cards
The store’s new owners told customers to send in gift cards, but a month later they’ve heard nothing. BBC News – Business
The Bezos backlash: Is ‘big philanthropy’ a charade?
The Amazon founder has pledged to donate $ 2bn, but critics say he should pay Amazon workers more instead. BBC News – Business