Solar cuts ‘threat to hundreds of jobs’
Craig TaylorHundreds of solar power jobs have been lost owing to planned cuts to subsidies, according to a survey that suggests thousands more jobs could be at risk industry-wide. BBC News – Business
Business
Black Friday spending moves online
Black Friday sees an online spending surge on both sides of the Atlantic, although there were still long queues of US consumers hunting for bargains on the High Street. BBC News – Business
‘Very significant’ cuts still to come
“Very significant” government spending cuts will be imposed before the next general election, the Institute for Fiscal Studies think tank warns. BBC News – Business
Rolls-Royce ‘confidence not good’
Rolls-Royce chief executive Warren East says he understands investors’ concerns and promises to be more transparent about the risks it faces. BBC News – Business
VW cars ‘also cheat EU emissions tests’
A lab test carried out for the BBC shows that VW diesel cars programmed with a “defeat device” can cheat the official EU pollution test, as well as the test in the US. BBC News – Business
Osborne challenged on tax credit cuts
George Osborne’s plan to raise more money than he needs to spend is “unacceptable” when he is cutting benefits, according to John Swinney. BBC News – Business