Watchdog bans 'harmful' gender stereotypes in adverts
Image copyright Getty Images The UK's advertising watchdog has said it will ban "gender stereotypes that are likely to cause harm, or serious or widespread offence". The Committees of Advertising Practice (CAP) said harmful stereotypes in adverts "contribute to how people see themselves and their role in society", and can hold some people back. The…
Half of UK homes could get faster broadband
Image copyright Getty Images Image caption Many people could get faster speeds but are not, Ofcom has found One in seven homes could be paying more than they need to for broadband and could get faster services for the same or less money, Ofcom has said.New research suggests that half of UK homes have not…
Branson's Virgin Galactic reaches edge of space
Image copyright Virgin Galactic Image caption Virgin Galactic's plane will be carried to a height of 12,000m before its rocket ignites The latest test flight by Sir Richard Branson's Virgin Galactic successfully rocketed to the edge of space and back. The firm's SpaceShipTwo passenger rocket ship reached a height of 82.7km, beyond the altitude at…
ECB ends €2.5tn eurozone QE stimulus programme
Image copyright Getty Images Image caption European Central Bank chief Mario Draghi The European Central Bank has confirmed it is ending its huge net asset purchase programme to stimulate the eurozone economy this month. The ECB has stopped its bond-buying scheme, worth €30bn a month, despite a recent slowdown in the bloc's recovery.The move, first…
Mike Ashley: Debenhams snubbed my £40m lifeline
Image copyright PA Sports Direct's owner Mike Ashley has written a bluntly worded letter to the boss of Debenhams discussing his offer of a £40m investment in the struggling department store chain.The letter, addressed to Sergio Bucher, suggests without the money the company "has zero chance of survival".Mr Ashley writes he is frustrated Debenhams doesn't…
House of Fraser revival 'challenging'
Image copyright Getty Images Sports Direct boss Mike Ashley has said his firm faces "significant challenges" in turning around the House of Fraser store chain, which it bought in August.Mr Ashley said he believed that its previous management team "traded the business whilst it was insolvent for a long time".However, he repeated his intention to…
