1 hour ago Britain’s biggest pawnbroker H&T snapped up by US firm for £297m; Goldman Sachs lifts UK and eurozone growth forecasts – business live

China issues warning to UK over terms of US trade deal, saying it is a ‘basic principle’ that bilateral agreements should not target other nationsHere’s our full story on the Co-op saying that that stock availability in its stores will not improve until this weekend, as it struggles to recover from a cyber-attack two weeks ago.And our full take on Burberry’s planned 1,700 job cuts. Continue reading...

Economics

2 h. ago Burberry to cut up to 1,700 jobs worldwide in bid to slash costs

The majority of reductions are set to come from head office-based teams around the world, led by the UK where there is a bigger proportion of staff.

Politics

4 h. ago Burberry: share price and stock news as iconic fashion brand announces plans for 1,700 job cuts

The luxury giant is stepping up its turnaround plan as demand dips 📉g

Economics

4 h. ago Burberry to axe 1,700 jobs globally in bid to cut costs as it swings to a loss

Burberry said it was hiking its cost-cutting target to £100million of savings per year by the 2027 financial year.

Economics

5 h. ago Burberry may cut 1,700 jobs globally to reduce costs as profits fall

Struggling fashion brand to remove night shift at raincoat factory in Yorkshire, affecting about 150 postsBurberry has said it could cut 1,700 jobs worldwide by 2027 – including removing the entire night shift at its Yorkshire raincoat factory – as the struggling fashion house ramps up its efforts to slash costs after a tumble in profit.The British luxury brand announced the job cuts on Wednesday after reporting a 117% fall in its annual pre-tax profits in the last financial year. It recorded a £66m loss, down from a profit of £383m, as the company has struggled against a broader malaise in the global luxury goods industry. Continue reading...

Economics

5 h. ago Burberry to cut up to 1,700 jobs worldwide after £3 million loss

The luxury fashion brand said it was hiking its cost-cutting target to £100 million of savings by the 2027 financial year.

Economics

6 h. ago Burberry job cuts: Luxury fashion brand may axe 1,700 staff after announcing £3m loss

From Burberry’s planned job cuts and Aviva’s £3.7bn takeover probe to China’s criticism of the UK-US trade pact, here are today’s top business stories in the UK.

Economics

6 h. ago Burberry to axe up to 1,700 jobs after falling into loss on luxury slump

Burberry said it had suffered a “challenging first half” and warned of a “difficult macroeconomic backdrop.”

Politics

6 h. ago Luxury fashion brand Burberry to cut up to 1,700 jobs after £3million loss

Burberry is looking to make £100million of savings per year by the 2027 financial year - up from the £40million it was previously targeting

Economics

31 h. ago Nine ways to cut the cost of hen or stag dos and still have a ball

The average weekend jaunt costs £779 a person in the UK, rising to £1,208 if going abroad. But sendoffs don’t have to be that dearCosts can spiral quickly when you’re planning for a big group and there are lots of ideas flying around. Agree on a realistic budget from the start that works for everyone, and stay within it. Continue reading...

Politics

51 h. ago How to get cheaper home insurance: Our top tips to save money

If you're looking at increased bills and wondering how to cut costs, here are steps you can take to make your home insurance cheaper.

Economics

61 h. ago Trump vows to lower drug prices in the US by up to 80 per cent

President promises to defy industry pressure and dramatically cut cost of pharmaceuticals

Politics

3 d. ago 'I'm aiming to complete world record in the Artic – but wish it wasn't possible'

Sailor Ella Hilbert, 28, aims to go solo around the Arctic in a bid of raise awareness about the devastating impact global heating is having on the ice caps

Politics

7 d. ago Britain signs £25.5billion India free trade deal that could cut the cost of clothes, shoes and food for consumers and boost exports of booze and cars

An agreement hammered out with Delhi will see the UK lower tariffs on clothes, shoes and food from the subcontinent, in exchange for reciprocal cuts for products including whisky and cars.

Economics

1 week ago EPA announces broad reorganization that includes shuffle of scientific research

The Environmental Protection Agency on Friday announced a broad reorganization as part of the Trump administration’s drive to cut costs that some activists worry will harm the agency’s independent scientific research

Science

1 week ago Hegseth orders Army to cut costs by merging some commands and slashing jobs

A new memo and U.S. officials say the Army is planning a sweeping transformation that will merge or close headquarters, dump outdated vehicles and aircraft, slash as many as 1,000 Pentagon headquarters staff and shift personnel to units in the field

Politics

1 week ago Drivers urged to park in specific spot today to cut costs as temperatures soar

With temperatures set to soar today, drivers are being urged to park in a specific spot to slash car costs as the UK basks in a mini heatwave after a long and overcast winter

Politics

1 week ago Five hundred civil servants being axed from Cabinet Office are set for payoffs averaging £50,000 each as government struggles to cut costs

Mandarins from the department revealed the scale of the bill as they gave evidence to MPs this week.

Economics

1 week ago New plan for almost all English homes could cut energy bills by £1,000

The government will reportedly compel developers to make the changes as standard on the vast majority of new-build homes by 2027, as part of Labour's drive to hit net-zero targets and cut household energy costs

Economics

1 week ago Trump tariffs cause fastest slump in British factory export orders in five years – business live

Live, rolling coverage of business, economics and financial markets as UK manufacturers report falling export orders and China signals openness to US trade talks Fhaheen Khan, senior economist at Make UK, a lobby group for British manufacturing, said:UK manufacturers are caught in the eye of a perfect storm, with rising costs and international trade uncertainty undermining growth prospects. While actual changes in trade have been limited, the unpredictability, particularly around US tariff policy, is doing significant damage and paralysing decision makers. Many firms are delaying major investment decisions until greater clarity emerges, while being forced in the meantime to cut costs through redundancies while pushing through price increases.This has left manufacturing experiencing its most severe slowdown in years, with the UK at a competitive disadvantage compared to our European peers who are weathering current challenges relatively better. As a result, it is now vital that gover...

Politics