Business

Rail: 'Lack of accountability' led to timetable chaos

Image copyright Alamy “No-one took charge” during the timetable chaos that caused severe disruption on Britain’s railways in May, a regulator has said. The Office of Rail and Road (ORR) blamed a lack of “responsibility and accountability” for the problems and said passengers were “badly treated”. It said track manager Network Rail, two train operators […]

Business

Three water companies warned by watchdog

Image copyright Getty Images Three water companies face greater scrutiny from the watchdog after posting poor customer service records. The firms have been told to provide quarterly reports of how they’ll reduce complaints from 3.5 million customers. The watchdog’s annual complaints report probed suppliers’ actions when 200,000 customers were left without water after March’s Beast […]

Business

'Why sheep are important to my wine bar'

Media playback is unsupported on your device Media captionSmaller Welsh lambs are exported across Europe – so what happens after Brexit? Llinos Rowlands runs Gwin Dylanwad, a bar in Dolgellau, and has plans for music nights and wine tasting. But long-term she fears businesses like hers will take a hit if some of their customers […]

Business

Argentine GDP in steepest fall since 2014

Image copyright AFP Image caption Argentina’s agricultural sector has been hit by drought Argentina’s economy shrank by 4.2% in the second quarter, its sharpest year-on-year slowdown since 2014. The decline was accompanied by a steep fall in exports, after a drought hurt the country’s agricultural sector. The contraction also came amid a currency crisis that […]

Business

EU wants 'full picture' on Amazon data use

Image copyright Getty Images Image caption EU Competition Commissioner Margrethe Vestager wants the “full picture” on Amazon’s data use The EU’s competition chief says she is looking into Amazon’s use of data from sellers on its site amid concerns that it might harness it to boost its own retail sales. Margrethe Vestager warned of a […]

Business

Ryanair investors 'may lose voting rights'

Image copyright Getty Images UK shareholders in Ryanair could be frozen out if the UK leaves the European Union without a deal. The Irish airline has said it may restrict the voting rights of all non-EU shareholders if there is no transition deal in place after Brexit. The statement is in the notice of its […]

Business

Sony unveils mini PlayStation Classic console

Image copyright Sony Image caption Sony’s PlayStation Classic is 45% smaller than the original. Sony has announced a miniature version of the first PlayStation console, which originally launched in 1994. The mini version will come with 20 retro titles, including Final Fantasy VII and Tekken 3. The PlayStation Classic is around half the size of […]

Business

House prices rise fastest in North West

Image copyright Getty Images House prices in the North West rose the fastest in the UK compared with a year ago, according to official figures. Annual growth in property values in the region stood at 5.6% by July, the Office for National Statistics (ONS) said. The biggest fall was in London, where prices dropped by […]