Day Headlines in Business News: 2026-08-19
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India's Gen Z are driving up a mega boom in its beauty market (BBC Business 2026-08-19 23:31:24)
E-commerce, rising income levels and the world's largest youth population are fuelling India's beauty boom.
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I quit my £80,000 job to make ice cream - here's how (BBC Business 2026-08-19 23:08:03)
The co-founder of Little Moons shares her advice for anyone thinking about starting a business of their own.
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US national debt passes $40tn after doubling in a decade (BBC Business 2026-08-19 22:31:46)
It comes after the interest rate on 30-year bonds reached the highest level in almost 20 years.
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Canada and US say they are finalising a trade deal, but details remain murky (BBC Business 2026-08-19 19:59:14)
Prime Minister Carney hailed "significant progress" in trade talks as the two countries seek to hammer out final details ahead of a new weekend tariff deadline.
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US long-term borrowing costs ease after government steps in (BBC Business 2026-08-19 19:26:06)
It comes after the interest rate on 30-year bonds reached the highest level in almost 20 years.
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81,000 warning letters sent to crypto holders in HMRC tax crackdown (BBC Business 2026-08-19 16:14:46)
According to a Freedom of Information (FOI) request the number of letters sent has almost tripled since 2024.
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Monzo says issue with card payments and transfers now resolved (BBC Business 2026-08-19 16:04:16)
The digital bank said all of its services were now "back up and running"
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US retail giant receives $1bn boost from tariff refunds (BBC Business 2026-08-19 14:47:02)
The US chain said it received a $994 million pre-tax reimbursement, which resulted in its second quarter operating income rising to $2.6bn.
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Monzo down as some users unable to make card payments or transfers (BBC Business 2026-08-19 14:13:33)
The digital bank said it was "rolling out a fix and moving quickly" to get the service working again
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Track defect found near derailment site - report (BBC Business 2026-08-19 14:06:42)
Initial findings from an RAIB investigation show an "irregularity" at the site near Lewes.
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Overhaul for Belfast cranes ahead of major contract (BBC Business 2026-08-19 12:09:24)
It is part of an investment of almost £100m as Harland & Wolff's Spanish owners prepare it for a major defence contract.
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Inflation is heating up but don't expect another crisis (BBC Business 2026-08-19 11:27:39)
Rising living costs could heap pressure on PM Andy Burnham though it depends what happens in the coming months.
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OpenAI slows down training after its AI carried out hack (BBC Business 2026-08-19 11:19:12)
The ChatGPT-maker said training will be slowed for two weeks while it puts the upgrades in place.
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What's happening to UK interest rates and what does it mean for mortgages? (BBC Business 2026-08-19 09:58:24)
The interest rate set by the Bank of England affects mortgage, loan and savings rates for millions.
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Limit reduced for branded school uniform items (BBC Business 2026-08-19 09:44:06)
The States says the school uniform policy should be "a welcome relief" for families' budgets.
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What is happening to UK prices? (BBC Business 2026-08-19 09:24:01)
UK inflation dropped slightly in June 2026, but higher energy costs are expected to push it back up.
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Trainline, Virgin Atlantic and RED Driving School investigated over 'drip pricing' (BBC Business 2026-08-19 09:11:08)
The consumer watchdog said they were trying to find out if the three companies were not showing full prices upfront to customers.
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Jump in energy bills drives UK inflation to highest rate for four months (BBC Business 2026-08-19 08:05:15)
The cost of things is now rising at a faster pace compared with last month.
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UK inflation rises to 2.9% (BBC Business 2026-08-19 06:12:49)
The cost of things is now rising at a faster pace compared with last month.
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Minimum wage comments are 'madness', says business (BBC Business 2026-08-19 05:13:07)
Businesses, charities and politicans have reacted to criticism of the minimum wage by a minister.