8 h. 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

9 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

11 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

11 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

11 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

12 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

12 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

12 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

13 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

2 w. ago Major rally and march to be held by workers striking at prestigious Scottish university over 700 job cuts

The march and rally is the latest step in industrial action surrounding Dundee University

Events