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Business

Business

Microsoft to axe thousands of jobs in latest cull by tech giant

Microsoft is preparing to axe thousands of jobs in the latest move by one of the world’s biggest technology companies to reduce its workforce...

by admin January 17, 2023
Microsoft to axe thousands of jobs in latest cull by tech giant
Business

Billionaire Sir Jim Ratcliffe confirms interest in buying Manchester United

Billionaire Sir Jim Ratcliffe has confirmed his interest in buying Manchester United. The 70-year-old’s chemical firm Ineos announced it had formally lodged interest with...

by admin January 17, 2023
Billionaire Sir Jim Ratcliffe confirms interest in buying Manchester United
Business

Elon Musk and Tesla going on trial over claims his tweets cost investors billions of dollars

Elon Musk and Tesla are set to go on trial over allegations that shareholders were defrauded out of billions of dollars by his tweets....

by admin January 17, 2023
Elon Musk and Tesla going on trial over claims his tweets cost investors billions of dollars
Business

Majority of Britishvolt’s 300 staff made redundant after company enters administration

Hundreds have lost their jobs after British electric car battery company Britishvolt fell into administration. The majority of Britishvolt’s approximate 300 staff have been...

by admin January 17, 2023
Majority of Britishvolt's 300 staff made redundant after company enters administration
Business

Britishvolt collapse should spark debate on whether it was actually needed

The collapse into administration of Britishvolt will rekindle concerns for the long-term future of the British car-making industry. The sector is under extreme pressure...

by admin January 17, 2023
Britishvolt collapse should spark debate on whether it was actually needed
Business

Wage growth at fastest rate in 20 years, but failing to keep up with inflation

Wages grew at their fastest rate in 20 years in the past year, official data from the Office for National Statistics said. Wages rose...

by admin January 17, 2023
Wage growth at fastest rate in 20 years, but failing to keep up with inflation
Business

More than 450,000 working days lost due to strike action in November 2022, highest for a decade

There were 467,000 working days lost to strike action in November 2022, official figures show, bringing the number of strike days in 2022 to...

by admin January 17, 2023
More than 450,000 working days lost due to strike action in November 2022, highest for a decade
Business

‘Hangover effect’ remains after mini-budget chaos but mortgage shock is over, BoE governor says

The governor of the Bank of England has told MPs there is still “something of a hangover effect” in the wake of the mini-budget...

by admin January 16, 2023
'Hangover effect' remains after mini-budget chaos but mortgage shock is over, BoE governor says
Business

Why an absence of A-listers at Davos is not just deep trouble for the World Economic Forum, but for globalisation too

Davos, the World Economic Forum (WEF) and its founder, Klaus Schwab, have become more famous than ever before in the past couple of years...

by admin January 16, 2023
Why an absence of A-listers at Davos is not just deep trouble for the World Economic Forum, but for globalisation too
Business

Marks & Spencer’s new shops plan to create 3,400 jobs as part of £480m investment

Marks & Spencer is to open 20 new shops and create thousands of new jobs, thanks to an investment in its stores worth £480m....

by admin January 16, 2023
Marks & Spencer's new shops plan to create 3,400 jobs as part of £480m investment
Business

House prices rise higher than expected in January alongside ‘pent-up’ buyer demand

The average price of a home jumped by £3,301 this month, at the same time as Rightmove saw double the amount of inquiries from...

by admin January 16, 2023
House prices rise higher than expected in January alongside 'pent-up' buyer demand
Business

What is Davos and what happens at the World Economic Forum meeting?

The World Economic Forum’s annual meeting – more commonly known as Davos – takes place in January, with business and world leaders gathering this...

by admin January 16, 2023
What is Davos and what happens at the World Economic Forum meeting?
Business

Catering equipment supplier’s founder cooks up plan for £500m windfall

The founder of a catering equipment empire is plotting a £500m-plus sale that would catapult his family into the ranks of Britain’s super-rich. Sky...

by admin January 16, 2023
Catering equipment supplier's founder cooks up plan for £500m windfall
Business

Stricken finance group MJ Hudson to disclose bid approaches

A stricken financial services group which has had its shares suspended amid apparent accounting irregularities will this week disclose that it has received takeover...

by admin January 15, 2023
Stricken finance group MJ Hudson to disclose bid approaches
Business

Hospitality chief demands energy regulator names and shames suppliers

The energy watchdog must step in to penalise price-gouging behaviour by energy suppliers, according to the head of the lobbying group representing thousands of...

by admin January 15, 2023
Hospitality chief demands energy regulator names and shames suppliers
Business

Land Securities lines up Channel 4’s Cheshire as next chairman

Land Securities Group, the FTSE-100 property owner, is lining up one of Britain’s most prominent boardroom figures as its next chairman. Sky News has...

by admin January 14, 2023
Land Securities lines up Channel 4’s Cheshire as next chairman
Business

Apple boss Tim Cook asks for 40% pay cut after investor backlash

Apple chief executive Tim Cook is to take a pay cut of more than 40% after shareholders turned on the size of his awards...

by admin January 13, 2023
Apple boss Tim Cook asks for 40% pay cut after investor backlash
Business

Recession in question as economy achieves surprise growth in November due to World Cup

The economy grew by 0.1% in November, partly aided by the football World Cup, according to official figures which call into question predictions the...

by admin January 13, 2023
Recession in question as economy achieves surprise growth in November due to World Cup
Business

RMT union working with train operators ‘towards revised offer’ after more talks to end strike action

The RMT union has announced it is working with train operators “towards a revised offer” following more talks to end strike action. After today’s...

by admin January 12, 2023
RMT union working with train operators 'towards revised offer' after more talks to end strike action
Business

Liberty Steel blames ‘unviable’ market as restructuring threatens hundreds of jobs

Liberty Steel UK has placed 440 jobs under threat through a series of actions to secure its future amid “unviable” market conditions. The company...

by admin January 12, 2023
Liberty Steel blames 'unviable' market as restructuring threatens hundreds of jobs
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World News
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