Business

David Abney, CEO of US courier service UPS, shares the business advice he wishes he had been given when he started out. Shhh! Get all the #CEOSecrets on our website here and watch this video explaining the series. Video Journalist: Zoe Thomas Keep up to date with the CEO Secrets …

Image copyright Getty Images Poverty among people who are working has risen despite a recovery in the UK economy, a study has suggested. High rental housing costs mean an estimated 3.8 million workers – one in eight – are in poverty, according to the Joseph Rowntree Foundation (JRF). It said …

Image copyright Reuters Image caption Urjit Patel took over as governor of the Reserve Bank of India in October India’s central bank has unexpectedly held interest rates at a six-year low. The cost of borrowing will remain unchanged at 6.25% ahead of a possible increase in US interest rates later …

Image copyright Reuters Manufacturing growth fell sharply in October, surprising economists, who had predicted a rise. Output from manufacturers dropped by 0.9%, after a 0.6% rise in September, according to the Office for National Statistics (ONS). Total industrial production dropped by 1.3% in October, after falling 0.4% in September. The …

Image copyright Getty Images Japan’s economy grew much slower than initially estimated in the third quarter of the year, figures have revealed, as business investment fell. The Cabinet Office said the economy grew 1.3% in the three months to the end of September, compared to the same period a year …

Image copyright AFP/Getty Images Conditions for final-salary pension schemes will be “tough” in 2017, a review of the sector suggests, with many simply “treading water”. The future of schemes has been in sharp focus during the year in cases such as the collapse of BHS and the future of steelworkers’ …

Image copyright Getty Images The European Central Bank has said it will extend its bond-buying programme until at least December 2017, but cut its purchases by €20bn a month. The €80bn-a-month quantitative easing scheme had been due to end in March, although the bank had been expected to extend it …

Image copyright UK Power Networks Image caption Batteries offer a greener way of storing electricity It’s battery farming, but not as we know it. In a big step forward for green energy, the government has said that low-carbon batteries will play a role in balancing the national grid for the …

Image copyright PA The UK trade deficit in goods and services narrowed to £2bn in October as exports rose, official figures show. Exports increased by £2bn, lifted by machinery and transport orders, while imports decreased by £1.8bn, the Office for National Statistics (ONS) said. The ONS also made large revisions …

Image copyright Reuters The UK faces higher food prices without continued access to EU workers, 30 food and drink associations have warned. In a letter published in the Guardian, they argue that EU workers play an important role in the supply chain and some are already starting to leave. It …