LK Bennett bought but 15 stores to close

Image copyright Reuters High-end fashion chain LK Bennett has been bought out of administration, saving 325 jobs.However, 15 of the retailer's stores are not included in the deal and will close, leading to the loss of 110 jobs.LK Bennett has been bought by Byland UK which was set up by Rebecca Feng, who runs the…

How Tetris became a million dollar idea

It was one of the simplest and most repetitive computer games ever created, but it took the world by storm in the 1980s and 1990s. But unlike most hit computer games, Tetris was invented behind the Iron Curtain in 1983, as Aaron Heslehurst explains.Video journalist: Jeremy Howell

New energy companies face tougher tests to reduce failures

Image copyright Getty Images Smaller energy suppliers hoping to break into the market will have to pass tougher tests, following a string of company collapses.Regulator Ofgem said it was raising the bar to entry to "minimise the impact" of supplier failure on consumers. Firms will have to prove they have sufficient funding and can provide…

Interserve outsource firm accounts investigated

Image copyright Interserve Three years of accounts of one of the UK's biggest government contractors, Interserve, will be investigated by the accountancy regulator.The Financial Reporting Council said the audit for the years 2015, 2016 and 2017 by accountants Grant Thornton would be investigated.Last month Interserve, which has 45,000 UK staff, and 68,000 globally, was put…

Brexit: CBI boss says agree deal or hold second referendum

Image copyright Reuters The president of business organisation, the CBI, has said if politicians cannot "get their act together" on Brexit, then the only other option is to "go back to the people".John Allan stressed this was his personal view, not that of the CBI.Speaking to the BBC Mr Allan said it was "astonishing" that…

Smart speaker recordings reviewed by humans

Image copyright Getty Images Amazon, Apple and Google all employ staff who listen to customer voice recordings from their smart speakers and voice assistant apps.News site Bloomberg highlighted the topic after speaking to Amazon staff who "reviewed" Alexa recordings.All three companies say voice recordings are occasionally reviewed by humans to improve speech recognition. But the…