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Business

Business

Facebook and Instagram owner Meta to lay off more than 11,000 staff

Meta, the owner of Facebook and Instagram, has become the latest big tech player to wield the axe in the tougher global economy, laying...

by admin November 9, 2022
Facebook and Instagram owner Meta to lay off more than 11,000 staff
Business

Elon Musk sells almost $4bn more of Tesla shares after Twitter takeover

Elon Musk has sold Tesla stock worth almost $4bn (£3.46bn) after completing his takeover of Twitter. The founder and chief executive of the electric...

by admin November 9, 2022
Elon Musk sells almost bn more of Tesla shares after Twitter takeover
Business

Made.com collapses but hope for some jobs as Next buys brand

Made.com has entered administration with the loss of all 500 jobs in the business. There was initially no news on how many, if any,...

by admin November 9, 2022
Made.com collapses but hope for some jobs as Next buys brand
Business

M&S warns of ‘gathering storm’ ahead as surging costs knock profits

Marks and Spencer (M&S) has reported a big dip in profits and warned of a “gathering storm” ahead from rising costs and squeezed consumer...

by admin November 9, 2022
M&S warns of 'gathering storm' ahead as surging costs knock profits
Business

Cost of living: Household grocery bills ‘rise by almost £40’ in a month

The cost of the average annual grocery shop has risen by almost £40 in just one month, according to an industry report which is...

by admin November 8, 2022
Cost of living: Household grocery bills 'rise by almost £40' in a month
Business

Ten possible jobs of the future – and why Britain may struggle to fill them

Britain will struggle to fill the jobs of the future if computer science and artificial intelligence (AI) are not made part of the school...

by admin November 8, 2022
Ten possible jobs of the future - and why Britain may struggle to fill them
Business

Cost of living: Consumer spending rises 3.5% but Britons continue to cut back ahead of Christmas, report finds

Consumer spending rose 3.5% in October but the hospitality and leisure industries continue to struggle as Britons cut back ahead of Christmas, a report...

by admin November 8, 2022
Cost of living: Consumer spending rises 3.5% but Britons continue to cut back ahead of Christmas, report finds
Business

Meta expected to lay off thousands as tech job cuts mount

Meta, the company previously known as Facebook, and the parent company of WhatsApp and Instagram, is expected to become the latest tech company to...

by admin November 7, 2022
Facebook and Instagram owner Meta to lay off more than 11,000 staff
Business

Liverpool owners Fenway Sports Group say they are open to offers, raising prospect of club being sold

The owners of Liverpool FC have said they are open to offers, raising the prospect of the club being sold. The Fenway Sports Group...

by admin November 7, 2022
Liverpool owners Fenway Sports Group say they are open to offers, raising prospect of club being sold
Business

Business Secretary Grant Shapps hints at autumn budget windfall tax expansion on energy firms due to ‘unexpected profits’

Business Secretary Grant Shapps has hinted that the government may extend the windfall tax on oil and gas companies in this month’s autumn budget...

by admin November 7, 2022
Business Secretary Grant Shapps hints at autumn budget windfall tax expansion on energy firms due to 'unexpected profits'
Business

Higher fares and record traffic make Ryanair finances better than pre-COVID

While most airlines and airports have struggled to return to pre-pandemic health, Ryanair has brought itself to a better position than 2019. Record passenger...

by admin November 7, 2022
Higher fares and record traffic make Ryanair finances better than pre-COVID
Business

National Insurance rise will be reversed from today – as millions of workers to keep an extra £330 of their money a year on average

Workers are set to see more money in their pay packets as a rise in National Insurance is being reversed today. National Insurance contributions...

by admin November 6, 2022
National Insurance rise will be reversed from today - as millions of workers to keep an extra £330 of their money a year on average
Business

Shapps to hold crunch talks with British Steel owner amid spectre of mass job cuts

Grant Shapps, the new business secretary, will hold crunch talks next week with the owners of Britain’s second-biggest steel producer, amid dwindling hopes that...

by admin November 5, 2022
Shapps to hold crunch talks with British Steel owner amid spectre of mass job cuts
Business

Energy bills: Power blackout prevention scheme which could earn households £100 approved

The energy regulator has approved a scheme that will see households and businesses taking part receive financial rewards for saving power at times of...

by admin November 5, 2022
Energy bills: Power blackout prevention scheme which could earn households £100 approved
Business

Hundreds of workers to strike at Heathrow Airport in run-up to World Cup

Hundreds of workers at Heathrow will walk out in the run-up to the World Cup finals this month over demands for better pay. Unite...

by admin November 5, 2022
Hundreds of workers to strike at Heathrow Airport in run-up to World Cup
Business

Flutter investors brace for judge’s verdict on FanDuel stake sale

Investors in Flutter Entertainment, the FTSE 100 gambling group, are poised to discover the outcome of a year-long legal dispute with Rupert Murdoch’s Fox...

by admin November 5, 2022
Flutter investors brace for judge's verdict on FanDuel stake sale
Business

‘Unfortunately, there is no choice’: Elon Musk defends culling Twitter staff

Elon Musk has defended sacking half of Twitter’s 8,000 workers, saying “unfortunately, there is no choice”. Mr Musk insisted that the platform’s commitment to...

by admin November 4, 2022
'Unfortunately, there is no choice': Elon Musk defends culling Twitter staff
Business

Elon Musk closes all Twitter offices as layoffs begin

Twitter employees are finding out whether they are being laid off today – one week after Elon Musk’s takeover. The social network’s offices are...

by admin November 4, 2022
Elon Musk closes all Twitter offices as layoffs begin
Business

Hundreds of workers to strike at Heathrow Airport in run-up to World Cup

Hundreds of workers at Heathrow will walk out in the run-up to the World Cup finals this month over demands for better pay. Unite...

by admin November 4, 2022
Hundreds of workers to strike at Heathrow Airport in run-up to World Cup
Business

Energy bills: Power blackout prevention scheme which could earn households £100 approved

The energy regulator has approved a scheme that will see households and businesses taking part receive financial rewards for saving power at times of...

by admin November 4, 2022
Energy bills: Power blackout prevention scheme which could earn households £100 approved
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Recent Articles
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