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Articles by Simon Jack
Ex-Poundland owner says he'd invest in firm
The former owner of Poundland has said he would invest in the firm as a government minister says she will meet the firm's board. Steve Smith, who left the business in 2006, said he had attempted to contact owners Gordon Brothers having been "really surprised" to learn about them filing for administration when sales were up 11% on last year.
EU tariffs aimed at China hitting Ukraine, steel boss says
The boss of one of Ukraine's biggest steel companies has called on the European Union to drop import restrictions on products made from the country, arguing it has been "bundled together" in measures aimed a curbing cheap imports from the likes of China. Yuriy Ryzhenkov, chief executive of Metinvest, told the BBC the recently-imposed tariffs on imported steel to the EU were "unfair" and had been put in place "without any consideration for the situation Ukraine is in".
EU tariffs aimed at China hitting Ukraine, steel boss says
The boss of one of Ukraine's biggest steel companies has called on the European Union to drop import restrictions on products made from the country, arguing it has been "bundled together" in measures aimed a curbing cheap imports from the likes of China. Yuriy Ryzhenkov, chief executive of Metinvest, told the BBC the recently-imposed tariffs on imported steel to the EU were "unfair" and had been put in place "without any consideration for the situation Ukraine is in".
EU tariffs aimed at China hitting Ukraine, steel boss says
The boss of one of Ukraine's biggest steel companies has called on the European Union to drop import restrictions on products made from the country, arguing it has been "bundled together" in measures aimed a curbing cheap imports from the likes of China. Yuriy Ryzhenkov, chief executive of Metinvest, told the BBC the recently-imposed tariffs on imported steel to the EU were "unfair" and had been put in place "without any consideration for the situation Ukraine is in".
EU tariffs aimed at China hitting Ukraine, steel boss says
The boss of one of Ukraine's biggest steel companies has called on the European Union to drop import restrictions on products made from the country, arguing it has been "bundled together" in measures aimed a curbing cheap imports from the likes of China. Yuriy Ryzhenkov, chief executive of Metinvest, told the BBC the recently-imposed tariffs on imported steel to the EU were "unfair" and had been put in place "without any consideration for the situation Ukraine is in".
EU tariffs aimed at China hitting Ukraine, steel boss says
The boss of one of Ukraine's biggest steel companies has called on the European Union to drop import restrictions on products made from the country, arguing it has been "bundled together" in measures aimed a curbing cheap imports from the likes of China. Yuriy Ryzhenkov, chief executive of Metinvest, told the BBC the recently-imposed tariffs on imported steel to the EU were "unfair" and had been put in place "without any consideration for the situation Ukraine is in".
Banks expect to be hit in budget tax raid
Senior banking executives have told the BBC they expect the sector to be "on the menu" when the chancellor announces his Budget in two weeks' time. John Healey has described the banks as part of "the crown jewels" of the UK economy, yet has refused to rule out a raid on the sector. The biggest four banks collectively made around £15bn profit in the first six months of this year, leading to calls from trade unions and others for additional taxes.
UK risks being 'uninvestable' if new oil and gas fields not approved, warns Equinor
Oil giant Equinor has warned it may shun further investments in the UK if new oil and gas fields at Rosebank and Jackdaw are not approved. "The question will be: is the UK investable in the future? I hope it will not come to that," said Anders Opedal, boss of the Norwegian state oil company which is part owner of the sites. He told the BBC the company would "have to take a hard view about it" if a decision was made to reject new drilling.
Equinor may stop investing in UK if oil and gas fields do not get go-ahead
Architecture 5 hours ago Three Barns is a Sun Valley home that appears to move with its landscape Wallpaper* - Ellie Stathaki • 5h Set in the leafy meadows of Sun Valley, Idaho, Three Barns is a new-build home in the American wilderness – a structure designed as much to provide cosy shelter as to nod to its striking, surrounding nature.
UK in talks with EU partners to release strategic fuel reserves if needed, BBC understands
Britain is in talks with EU partners to release additional strategic fuel reserves, including diesel, if needed, the BBC understands. The talks come after President Donald Trump threatened to ban diesel exports from the US in a bid to reduce record prices at the pumps for Americans. Diesel prices in the UK also hit record highs this week and are hovering just under 200p per litre, according to motoring organisation the RAC.
La menace de guerre pourrait-elle sauver les grands constructeurs automobiles européens ?
La menace de guerre pourrait-elle sauver les grands constructeurs automobiles européens ? Lire uniquement le texte pour utiliser moins de données Article Information Author, Simon Jack Role, Rédacteur économique et Author, Theo Leggett Role, Correspondant commercial international Published il y a 13 minutes Temps de lecture: 12 min Vert, massif et intimidant, le dernier véhicule de Ford ressemble à un pick-up métamorphosé en Hulk.
Risco de guerra pode salvar montadoras europeias?
É verde, robusto e intimidador. O mais recente carro da Ford parece uma picape que passou por uma transformação digna do Incrível Hulk. Baseada na popular linha Ranger, o modelo estacionado diante da fábrica da Ford em Dagenham, no leste de Londres, pode transportar até duas toneladas, rebocar até quatro toneladas e também carrega as esperanças dos cerca de 2.000 funcionários que ainda produzem motores no local.
Risco de guerra pode salvar montadoras europeias?
É verde, robusto e intimidador. O mais recente carro da Ford parece uma picape que passou por uma transformação digna do Incrível Hulk. Baseada na popular linha Ranger, o modelo estacionado diante da fábrica da Ford em Dagenham, no leste de Londres, pode transportar até duas toneladas, rebocar até quatro toneladas e também carrega as esperanças dos cerca de 2.000 funcionários que ainda produzem motores no local.
Risco de guerra pode salvar montadoras europeias?
Crédito, Ford Legenda da foto, A Ford participa de uma proposta que disputa o fornecimento de veículos para o programa de mobilidade leve do Exército britânico Article Information Author, Simon Jack Role, Editor de Negócios Published Há 10 minutos Tempo de leitura: 11 min É verde, robusto e intimidador. O mais recente carro da Ford parece uma picape que passou por uma transformação digna do Incrível Hulk.
Cómo la amenaza de la guerra puede salvar a los grandes fabricantes europeos de automóviles Original
Fuente de la imagen, Getty Images Pie de foto, Renault y otros fabricantes han encontrado en el sector militar un mercado súmamente valioso. Información del artículo Autor, Simon Jack Título del autor, Editor de Negocios y Autor, Theo Leggett Título del autor, Corresponsal de Negocios Internacionales Fecha de publicación 7 minutos Tiempo de lectura: 12 min Es verde, abultado e imponente. El último vehículo de Ford parece una camioneta transformada al estilo Hulk.
Europe's car makers are in crisis. Will the threat of war rescue them?
It's green, bulging and intimidating. Ford's latest vehicle looks like a pick-up truck that has been through an Incredible Hulk transformation. Based on its popular Ranger series, this beefy number parked outside the front door of Ford's Dagenham plant can carry a load of two tonnes, tow up to four tonnes and is also shouldering the hopes of the 2,000-strong workforce that still makes engines here.
Sir Jim Ratcliffe's Ineos to mothball three major chemical sites in Hull
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Sir Jim Ratcliffe's Ineos to mothball three major chemical sites in Hull
Billionaire Sir Jim Ratcliffe's industrial giant Ineos is pausing production at its three sites in Hull, blaming high UK gas prices. Ineos has confirmed up to 4,000 jobs are affected —1,000 directly and another 3,000 in the supply chain. The firm said gas prices in the UK are twelve times higher than in the US, and eight times more expensive than the coal-based processes used by Chinese competitors.
Billionaire Man United owner says he has lost confidence in the UK
One of Britain's richest people, Sir Jim Ratcliffe, says he has lost confidence in the UK, describing the country as "on the slide". The founder of petrochemical giant Ineos, who also owns a large stake in Manchester United, said the UK was in decline due to a combination of high taxes and high immigration.
Billionaire Manchester United owner Sir Jim Ratcliffe says he has lost confidence in UK
Where the Hell Is the Oil Money Trump Stole From the People of Venezuela? | Common Dreams Did Trump take the oil and the money from the oil? Bessent refuses to say. Trump refuses to say. Nobody, in fact, in the Trump regime will tell us …
Controversial Jackdaw gas field set to be approved in weeks, sources say
The UK government is set to give the go-ahead for a controversial new gas field off the coast of Aberdeen, the BBC understands. Approval for the Jackdaw project could come as soon as mid-September, just before Parliament breaks for party conference season, according to government and industry sources.
A volta por cima dos irmãos Batista: como donos da JBS saíram da Lava Jato e voltaram aos holofotes, com participação até na diplomacia mundial
Crédito, Getty Images / BBC Mundo Legenda da foto, Wesley e Joesley Batista Article Information Author, Zing Tsjeng e Simon Jack Role, Do programa "Good Bad Billionaire", BBC World Service* Published Há 5 minutos Tempo de leitura: 13 min É 2017. Um advogado está sentado em frente ao computador em um escritório digno de um consultor jurídico de dois dos homens mais ricos e poderosos do Brasil. Ele termina de digitar, clica em "enviar" e se dirige à porta.
Thames Water boss says leakage targets 'not realistic'
The boss of Thames Water has claimed targets the company has been set over things like leakages are "not realistic". Thames has been criticised for its performance in recent years following a series of sewage discharges and leaks, and last year was fined a record £122.7m by regulator Ofwat, most of which was for breaching sewage spills rules. Chris Weston said Thames wanted "to do better" but said some of its targets were not achievable.
Thames Water boss says leakage targets 'not realistic'
Jul 22 The ex-chief executive of Southern Water has been charged with three others over an alleged plan to manipulate water quality tests to avoid paying financial penalties of about £45m, it can now be reported. Matthew Wright is accused of conspiring to defraud the Environment Agency (EA) and water …
Is AI facing a big financial reckoning?
Simon Jack - Business editor Sharp falls in the value of chip makers have stoked investor concerns that the euphoria around AI related companies is fading. Shares in Korean chip makers SK Hynix and Samsung are down 46% and 35% respectively over the last month as investors worry the recent boom in demand for the chips that power AI is unsustainable.
UK complacent about war threat, warns defence boss
The UK has been too complacent about the risk of foreign attack, the boss of Europe's biggest defence contractor BAE Systems has warned. Dr Charles Woodburn told the BBC in an exclusive interview that the level of threat was the highest he'd seen in his lifetime. He welcomed the recent boost to defence spending but said much more would be needed to hit the government's commitment to spend 3.5% of GDP on defence by 2035.
Thames Water lenders offer 'golden share' to head off nationalisation
Thames Water's main lenders are offering the government a "golden share" and more control for local authorities in a bid to stop the troubled supplier from being nationalised. The government recently rejected a previous rescue proposal, and the BBC understands the lenders are preparing a legal challenge in case the new Andy Burnham-led government takes the firm into public hands.
Thames Water lenders preparing legal challenge in event of Burnham nationalisation
The lenders to Thames Water are preparing a legal challenge in case a Burnham-led government attempts to nationalise the UK's biggest water company. Burnham - who takes over as PM on Monday - has previously said he wants to see "greater public control" of the water and energy sectors and has called for Thames Water to be nationalised. Thames Water is about £20bn in debt.
Thames Water lenders preparing legal challenge to potential nationalisation
Trump says people in ‘poverty-stricken UK are dancing in the streets’ over Burnham The UK’s ‘special relationship’ with the US is off to a good start. Donald Trump has said ‘poverty-stricken’ people in Scotland are ‘dancing in the …
I'd have vetoed foreign sale of UK tech giant, says Business Secretary
Business Secretary Peter Kyle says he would have intervened to block the sale of UK microchip company ARM Holdings had he been in government at the time. The firm, at one time considered the crown jewel of UK tech, was bought by Japanese company Softbank in 2016 before being listed in New York in 2023.
Por que a entrada da SpaceX na bolsa pode ser a maior aposta de Elon Musk até agora
Crédito, Getty Images Legenda da foto, Negociação de ações da empresa começará no dia 12 de junho Article Information Author, Simon Jack Role, Editor de Negócios Published Há 58 minutos Tempo de leitura: 10 min São 7h25 da manhã do dia 13 de outubro de 2024 na Starbase, perto de Boca Chica, no lado texano da fronteira entre os Estados Unidos e o México. Na plataforma de lançamento, está o maior foguete já construído.
Por que a entrada da SpaceX na bolsa pode ser a maior aposta de Elon Musk até agora
São 7h25 da manhã do dia 13 de outubro de 2024 na Starbase, perto de Boca Chica, no lado texano da fronteira entre os Estados Unidos e o México. Na plataforma de lançamento, está o maior foguete já construído. Seus motores entram em funcionamento e a nave sobe pelos céus sobre o Golfo do México sob gritos e aplausos na sala de controle da SpaceX. Mas o lançamento não é o principal acontecimento.
SpaceX's stock market blast-off could be Musk's biggest gamble yet
The chance for normal Earthlings to buy shares in SpaceX is one of the most important moments in the history of stock markets and is close at hand – and one that will almost certainly make Elon Musk the world's first ever trillionaire.
'Bullying' and 'overbearing' behaviour behind abrupt BP chairman removal
Oil giant BP has removed its chairman Albert Manifold with immediate effect over concerns including "bullying" and "overbearing" behaviour by him, the BBC understands. The company said in a statement that his dismissal was a result of "serious concerns" related to "important governance standards, oversight and conduct". Manifold's departure comes less than a year since he joined the company. BP declined to comment on whether bullying behaviour was part of the reason for his immediate dismissal.
Next boss warns of 'dramatic' fall in entry-level jobs
[BBC] The boss of Next has warned there has been a "dramatic fall" in the number of entry-level job opportunities in the UK. Lord Wolfson told the BBC that just two years ago, Next typically received 10 applicants for every job in its shops, but that number had since risen to 19. "That doubling of applicants for shop jobs is indicative of just how big the crisis is in youth unemployment at the moment," he said.
Next boss warns of 'dramatic' fall in entry-level jobs
Billionaires 9 hours ago AI just minted 19 new billionaires worth $59 billion TheStreet - Tobi Opeyemi Amure • 9h A new Bloomberg report identifies 19 fresh AI fortunes, and the path most of them took surprised me.
Supermarkets hit back over pressure to cap price of milk, bread and eggs
Eggs, bread, milk, and other food on a conveyor belt Government ministers are pressing supermarkets on cutting costs for shoppers but will not force them to cap prices on essentials such as eggs, bread and milk. Multiple supermarket sources told the BBC that the government had urged them to voluntarily freeze the price of key groceries, in return for an easing of regulations.
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