M&S beats Christmas sales forecast in clothing and homeware
Craig TaylorM&S reports a rise in clothing and homeware sales over Christmas for the first time in two years. BBC News – Business
Business
VW set to pay $4.3bn for emissions cheat
Volkswagen is expected to plead guilty and be fined $ 4.3bn by US authorities to settle “dieselgate”. BBC News – Business
Pound falls on May’s Brexit comments
The pound hits a two-month low after Theresa May signals the UK will pursue a so-called “hard Brexit”. BBC News – Business
UK household debt now a record £13,000, says TUC
The average UK household owes a record amount of £12,887, even before mortgages are taken into account, according to the TUC. BBC News – Business
Bike courier wins ‘gig’ economy employment rights case
A bicycle courier has won a case over employment rights which could have major implications for the ‘gig economy’. BBC News – Business
UK car sales at record high in 2016
The number of new cars sold in the UK hit an all-time high of 2.7 million last year, the industry says. BBC News – Business