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Global Business News From BBC

Business News

House prices fall at fastest pace in nearly 14 years, says Nationwide
Nationwide says prices in the year to May fell 3.4% and higher mortgage rates could last longer.

London still works for stock market listings, says We Soda boss
We Soda could be valued at £6bn when it floats in the UK, in a boost for the London stock market.

Debt ceiling deal: US House overwhelmingly passes bill
The Senate must approve the deal and send it to the president's desk this weekend to avoid a default.

Covid loan: 'It's more than I spend on fish a month"
Firms struggling to repay pandemic debt should be given more flexibility, a lobby group says.

BHP: Mining giant says it underpaid workers for 13 years
Australia's BHP said the leave and allowance 'errors' will cost the company up to $280m.

Steak, coffee and cheese locked up as shoplifting rises
Shoplifting offences have returned to pre-pandemic levels as the cost of living soars.

CBI boss admits vote on plans to change 'critical'
Rain Newton-Smith says a vote on the CBI's plans to change is "critical" for its future.

Diddy says Diageo neglected his tequila due to race
The artist says the business relationship with the drinks giant was "tainted by racial prejudices".

Amazon to pay $25m over child privacy violations
The online giant is also penalised for allowing Ring doorbell workers access to customer recordings.

US-Taiwan relations: New trade deal to be signed as China tensions rise
The announcement comes ahead of a high-level global security summit in Singapore this weekend.

Amazon staff protest climate record and office return
Organisers say more than 1,000 staff participated in the protest on Wednesday.

Train strikes this week to hit FA Cup final and Epsom Derby
Train drivers will walk out on Wednesday, with further strikes planned for Friday and Saturday.

Every Canadian cigarette will soon carry a health warning
Canada will be the first country to have warning labels on the tipping paper of individual cigarettes.

Air New Zealand weighing passengers before flying
The airline says it is required to know the average weight of everything on board to improve fuel efficiency.

People urged to cash in unused energy bill support vouchers
Households with prepayment meters need to claim full support for bills before the 30 June deadline.

Sackler family wins immunity from opioid lawsuits
The wealthy owners of Purdue Pharma will be protected in exchange for a multi-billion dollar settlement.

ArrDee: Alcohol adverts featuring rapper banned by watchdog
The regulator said the advert for Litty Liqour was "likely to encourage excessive consumption of alcohol".

Elon Musk: Tesla boss on first China trip in over three years
The multi-billionaire has not yet publicly commented on the visit, which comes amid US-China tensions.

Nearly 800 mortgage deals pulled amid uncertainty over rates
Lenders are "reassessing" their offers amid concerns about how high interest rates will go.

Train strikes: How walkouts on Wednesday and later in the week will affect you
What you need to know about the walkout by Aslef train drivers, by the BBC's Zoe Conway.

Universal credit childcare funding to rise 47% from June
From 28 June, parents on universal credit can claim up to £1,630 childcare for two or more children.

Theranos CEO Elizabeth Holmes begins 11-year prison sentence
The Theranos founder, 39, was convicted last year of defrauding investors and wire fraud.

AI 'godfather' Yoshua Bengio feels 'lost' over life's work
Canadian computer scientist Yoshua Bengio tells the BBC he did not realise AI would develop so fast.

Nvidia briefly worth $1 trillion thanks to AI boom
Investors excited about the possibilities for artificial intelligence have sent the US chipmaker's value soaring.

Asda boss warns over food price caps as EG Group deal sealed
Chairman Stuart Rose warns of "unintended consequences" if supermarkets impose price caps on basic food.

Coffee and chocolate help drive supermarket prices higher
Price rises hit a new high in the year to May due to coffee, chocolate and non-food goods.

Foxconn: iPhone maker hikes pay ahead of new model launch
Foxconn's move comes ahead of the expected launch of Apple's iPhone 15 later this year.

Amazon to offer parents term-time-only working
The online giant is offering a flexible contract but the GMB union says workers want higher pay.

Vaping: Government plans under-age crackdown
Prime Minister Rishi Sunak is "deeply concerned" by the rising number of under-18s using vapes.

Food price cap will not make a difference - retailers
The government wants to encourage supermarkets to impose voluntary price caps on some food products.

US debt ceiling deal ready for Congress vote, Joe Biden says
President Joe Biden said he had not made too many concessions to Republicans as part of the agreement.

Capita hack: 90 organisations report data breaches to watchdog
The privacy watchdog is urging groups using the outsourcing giant to check if data has been exposed.

Mars bar plastic wrapper swapped for paper
Mars trials environmentally friendly paper wrappers for some of its chocolate bars.

FTX: Singapore state fund Temasek cuts pay after failed investment
Last year, Temasek Holdings wrote off all of the $275m (£222.8m) it had invested in FTX.

Elizabeth Holmes has gone to prison. Will she ever pay victims too?
Experts say victims often never get their money back from those who defrauded them.

Who is Linda Yaccarino, Twitter's 'superwoman'?
Can new chief executive Linda Yaccarino fix Twitter?

When will we start seeing energy bill deals again?
With bills set to drop from July, fixed deals could be due to make a comeback, say experts.

Nvidia: The chip maker that became an AI superpower
Innovation and good timing combined to make California's Nvidia the dominant firm for AI computer chips.

Is the spike in strike action here to stay?
BBC economics editor Faisal Islam asks whether a historic surge in industrial action is likely to persist.

How prosperity fuels dowry demand in India
Researchers studied 74,000 marriages that took place in India between 1930 and 1999.

South Africa load-shedding: The roots of Eskom's power problem
How corruption backed by a criminal network have led to South Africa's worst-ever power cuts.

ChatGPT: Can China overtake the US in the AI marathon?
Washington's efforts to limit China's access to crucial cutting-edge technology continue.

Why car parks are the hottest space in solar power
Car parks are a good place for solar panels, providing shade and electricity where it is needed.

Camden leaseholders: 'My £850,000 newbuild flat is now worthless'
Residents say their "futures have been stolen" after their new flats are deemed not fit for purpose.

Why food bills aren't shrinking - five things to know
Prices in the shops remain much higher than a year ago, despite falls in energy and food costs.

Mike Ashley thinks luxury Flannels shops 'bonkers', says boss
Michael Murray says his father-in-law can't understand why people spend so much on luxury fashion.

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Building Solutions

At Paragon Building Solutions we specialised in minor and major home renovations and commercial refurbishments. We pride ourselves in our work and are fully committed in delivering the highest quality of craftsmanship. We have been providing building solutions to an eclectic range of customers. Ranging form local councils, Schools,corporates, industrial to private owners.

We have a reputation for quality,efficiency and value in our market sector. We deliver high quality-cost-effective maintenance services exactly when and where they are needed

Whether it is a refurbishment of an empty flat, abandoned building or occupied premises, we have the precesses and methods together with the manpower to execute the project to completion with very minimal disruptions. Don’t get framed by the competition, trust our solid reputation.


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