Bbc business news

Here are the latest news and updates from BBC Business News:

Top Stories

  1. UK economy grows at slowest pace in 2023: The UK's economy grew by 0.1% in the three months to January, the slowest pace in 2023, according to the Office for National Statistics (ONS).
  2. FTSE 100 falls as investors worry about inflation: The UK's leading stock market index, the FTSE 100, fell by 0.5% on Friday as investors worried about the impact of inflation on the economy.
  3. Amazon to cut 18,000 jobs worldwide: Amazon is cutting 18,000 jobs worldwide, the company announced on Thursday, as it seeks to reduce costs and streamline its operations.

Business News

  1. Boeing to pay $200m to settle US bribery charges: Boeing has agreed to pay $200m to settle US charges that it bribed foreign officials to win contracts.
  2. UK's biggest banks to face new stress tests: The UK's biggest banks will face new stress tests to ensure they can withstand a potential economic downturn, the Bank of England announced on Friday.
  3. Tesla's Elon Musk sells $4bn worth of stock: Tesla's CEO Elon Musk has sold $4bn worth of stock in the company, according to regulatory filings.

Market Updates

  1. FTSE 100 falls 0.5%: The UK's leading stock market index, the FTSE 100, fell by 0.5% on Friday, driven by concerns about inflation and the economy.
  2. Dow Jones falls 0.2%: The Dow Jones index in the US fell by 0.2% on Friday, as investors worried about the impact of inflation on the economy.
  3. Oil prices rise: Oil prices rose on Friday, driven by concerns about supply disruptions and strong demand.

Analysis and Opinion

  1. The economic outlook is uncertain, but there are reasons to be optimistic: Despite the challenges facing the economy, there are reasons to be optimistic about the future, according to BBC Business Editor Simon Jack.
  2. Why the UK's economy is struggling: The UK's economy is struggling due to a combination of factors, including Brexit uncertainty, high inflation, and a slowdown in global trade, according to BBC Economics Editor Faisal Islam.
  3. The impact of inflation on the economy: Inflation is having a significant impact on the economy, with rising prices affecting everything from food and housing to energy and transport, according to BBC Business Correspondent Emma Simpson.