32 h. ago Trump’s EPA eliminates research and development office and begins layoffs

Administration’s move to cut thousands of agency jobs will be devastating for US public health, union warnsThe Environmental Protection Agency (EPA) said on Friday it is eliminating its research and development arm and reducing agency staff by thousands of employees. One union leader said the moves “will devastate public health in our country”.The agency’s office of research and development (ORD) has long provided the scientific underpinnings for the EPA’s mission to protect the environment and human health. The EPA said in May it would shift its scientific expertise and research efforts to program offices that focus on major issues such as air and water. Continue reading...

Politics

59 h. ago EY's London cleaners are picketing its office after over a third were told their jobs could be cut

EY's London cleaners are picketing its office after over a third were told their jobs could be cut  Business Insider

Society

63 h. ago Business news live: Jaguar Land Rover to cut jobs, Marks & Spencer give staff extra discount

Latest stock markets updates, business and money news on Friday

Society

3 d. ago Jaguar Land Rover announce mass management redundancies: Firm to axe 500 roles after 'woke' rebrand

The car marker said 500 managerial jobs would be cut, saying it would offer voluntary redundancies.

Economics

3 d. ago Jaguar Land Rover announce mass management redundancies: Firm says it will axe 500 roles after woke rebrand

The car marker said 500 managerial jobs would be cut, saying it would offer voluntary redundancies.

Economics

3 d. ago Jaguar Land Rover announce mass management redundancies: Firm says it will axe 500 roles after woke rebrand

The car marker said 500 managerial jobs would be cut, saying it would offer voluntary redundancies.

Economics

6 d. ago Voices: If interest rates fall, could the 3 per cent mortgage make a comeback?

The governor of the Bank of England has hinted at a cut in rates thanks to the government’s decision to tax jobs. James Moore shares the welcome news that mortgages will get cheaper – but adds a note of caution

Politics

6 d. ago Bank of England governor says jobs slowdown could prompt rate cut; European markets fall after Trump tariff threat – business live

Rolling coverage of the latest economic and financial news, as Andrew Bailey insists: “I think the path [for interest rates] is down”.Donald Trump’s threat to impose a 30% on European Union imports from next month is weighing on European stock markets this morning.Most of Europe’s markets have dropped at the start of trading, pulling the pan-European Stoxx 600 index down by 0.6%.Inadvertently or otherwise the President is testing the market’s patience. At a time when investors had seemingly brushed aside the likelihood of the base line of tariffs settling at 10%, the new pronouncements suggest a level of between 15% and 20% being the norm, with additionally punitive numbers on the likes of Canada at 35% adding to the uncertainty.The so-called “TACO” trade will therefore be tested again, with markets drifting in the US on Friday and futures currently suggesting a similar fall today. In addition, and as the new 1 August extension approaches, nerves are likely to jangle. Continue readi...

Economics

6 d. ago Bank of England could cut base rate if jobs market continues to slow – Bailey

Businesses are ‘adjusting employment’ as a result of Rachel Reeves’ decision to raise national insurance contributions for firms, the governor said.

Economics

9 d. ago National Trust to cut more than 500 jobs to make £26m savings

Costs are said to be 'outstripping growth'

Economics

9 d. ago National Trust to cut 550 jobs as Reeves’ budget adds £10m to costs

Recent government changes have added more than £10m to the charity’s annual wage bill

Economics

2 w. ago The supreme court is cracking down on judges – and letting Trump run wild | Steven Greenhouse

The justices’ decision limiting judicial injunctions gives a red light to the most effective check on the president’s power grabEver since Donald Trump returned to power, he has carried out an unprecedented assault against the country’s rule of law. But we can be thankful that one group of people – federal district court judges – have bravely stood up to him and his many illegal actions.His excesses include gutting federal agencies, deporting immigrants without due process, seeking to cut thousands of federal jobs despite their legal protections, and ordering an end to birthright citizenship. Intent on upholding the constitution and rule of law, district court judges have issued more than 190 orders blocking or temporarily pausing Trump actions they considered illegal. Their decisions have slowed the US president’s wrecking ball as it demolishes federal agencies, devastates foreign aid, decimates scientific research and demoralizes government employees.Steven Greenhouse is a journal...

Events

2 w. ago Major high street brand cuts 1,200 jobs as sales fall by nearly £100million

A major high street brand has cut more than 1,200 jobs as their sales have plummeted by nearly £100million.

Economics

2 w. ago Nissan to cut 250 jobs at major UK car plant as electric vehicle sales flop

Nissan is cutting around 250 jobs at its Sunderland car plant as part of a major cost-cutting drive after the Japanese carmaker reported its worst financial result in a quarter of a century

Economics

3 w. ago SNP Government to cut jobs to help fill £2.6bn black hole as rivals blast 'gross mismanagement'

John Swinney's will try to reduce the public sector headcount.

Politics