Day Headlines in Business News: 2025-12-02
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San Francisco sues food companies over ultra-processed products (BBC Business 2025-12-02 23:06:54)
The city accuses Kraft Heinz and other food giants of knowingly selling products that have caused serious diseases, leaving local governments with the public health care costs.
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Dell family to seed Trump accounts for kids with $250 (BBC Business 2025-12-02 20:00:08)
The donation will help seed new Trump-branded investment accounts.
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Reeves speech did not mislead on challenges facing UK ahead of Budget, says OBR official (BBC Business 2025-12-02 16:37:55)
Prof David Miles tells MPs the messaging given by the chancellor was "not inconsistent" with the situation she faced.
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Reeves did not mislead on challenges facing UK ahead of Budget, says OBR official (BBC Business 2025-12-02 13:05:56)
Prof David Miles tells MPs the messaging given by the chancellor was "not inconsistent" with the situation she faced.
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Bank of England warns of AI bubble risk (BBC Business 2025-12-02 12:11:17)
The central bank says US stock price valuations are their most stretched since the dotcom bubble burst.
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Bus ticket discount for city travel over Christmas (BBC Business 2025-12-02 11:28:00)
The city council has discounted group tickets for bus travel across Hull over Christmas.
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UK faces 'headwind' from tax and spending moves, OECD says (BBC Business 2025-12-02 10:42:21)
Growth in the UK economy is expected to slow next year, an influential global policy group predicts.
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Tax rises and tighter spending to hold back UK growth, OECD says (BBC Business 2025-12-02 10:42:21)
Growth in the UK economy is expected to slow next year, an influential global policy group predicts.
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Shein and Temu face calls for investigation over claims of stealing US designs (BBC Business 2025-12-02 09:52:28)
Two senior US politicians accuse the platforms of malpractice, including intellectual property theft.
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UK share values 'most stretched' since 2008, Bank warns (BBC Business 2025-12-02 09:31:47)
The bank warned US stock price valuations are their most stretched since the dotcom bubble burst.
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Fashion house Valentino criticised over 'disturbing' AI handbag ads (BBC Business 2025-12-02 08:26:01)
Social media users have called the luxury Italian fashion brand's artificial intelligence-made adverts "cheap" and "lazy".
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Applications open for warm homes scheme help (BBC Business 2025-12-02 06:49:25)
The county council says the scheme provides free heating upgrades and prioritizes the most vulnerable.
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Every pupil to get a hamper of gifts for Christmas (BBC Business 2025-12-02 06:26:13)
Headteacher Jade Hunter says she has not encountered generosity and goodwill like this before.
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Fast-fashion firms Shein and Temu face calls for US investigation (BBC Business 2025-12-02 06:18:19)
Two senior US politicians accuse the platforms of malpractice, including intellectual property theft.
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Costco sues Trump administration for 'full refund' of tariffs (BBC Business 2025-12-02 03:40:49)
Two lower courts have already ruled against President Trump's use of emergency powers to impose tariffs.
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Australia won't be intimidated by firms over social media ban, minister tells BBC (BBC Business 2025-12-02 02:40:47)
Anika Wells says she is 'ready to help' nations that wish to copy Australia's social media ban for under-16s.
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Jamie Laing's Candy Kittens to acquire UK snack brand Graze (BBC Business 2025-12-02 02:20:46)
The deal comes as Unilever plans to offload some food brands to focus on care and beauty.
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OBR head's resignation leaves potential landmines for Reeves (BBC Business 2025-12-02 00:29:54)
Chancellor's next mission to find a respected and credible economist to run the OBR will require careful balance
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Why time is running out for Germany's green hydrogen industry (BBC Business 2025-12-02 00:18:35)
Firms are ready to make the equipment needed for green hydrogen, but demand has not picked up yet.