6 h. ago Financial firms expect job cuts to rise rapidly in months ahead, survey finds

Banks led the downturn with output dropping sharply over the latest quarter.

Economics

3 d. ago Business news live: Bonds latest after yields rise and Microsoft cut 4% of workforce in AI push

Stock markets updates and business news from Thursday

Economics

4 d. ago Tesla vehicle deliveries drop sharply as Musk backlash affects demand

Tesla said it delivered 384,122 vehicles in the second quarter, down 13.5% from 443,956 units a year agoTesla posted another big drop in quarterly deliveries on Wednesday, putting it on course for its second straight annual sales decline as demand falters due to backlash over CEO Elon Musk’s political stance and an aging vehicle lineup.Tesla said it delivered 384,122 vehicles in the second quarter, down 13.5% from 443,956 units a year ago. Analysts had expected it to report deliveries of about 394,378 vehicles, according to an average of 23 estimates from financial research firm Visible Alpha, though projections went to as low as 360,080 units based on estimates from 10 analysts over the past month. Analysts use the number of vehicles delivered to customers as a metric of success to evaluate both automotive sales and production. Continue reading...

Politics

4 d. ago The royal family in numbers: How much they cost and how much they bring in

With the cost of living crisis on the rise and potential welfare cuts impending, some critics level remarks against the royal family and their high spending

Politics

1 week ago Starmer caves in to Labour rebels on welfare cuts with £2bn concessions sparking tax rise fears

Prime minister has offered major concessions on his controversial welfare bill after a tense day of talks with rebel Labour MPs, The Independent understands

Economics

1 week ago Tax rise warning as Starmer in talks on concessions with welfare cut rebels as he faces huge revolt

Economists warn tax rises could be needed to fund a U-Turn on Sir Keir Starmer’s £5bn welfare reforms as PM opens door to concessions

Events

1 week ago Member of RFK Jr’s new vaccine panel withdraws over conflict of interest

Dr Michael Ross was involved in multiple private healthcare firms and withdrew after a review of financial holdingsA member of the health secretary Robert F Kennedy Jr’s newly overhauled federal vaccine advisory panel withdrew after a conflict of interest review, a spokesperson has told the Guardian.Dr Michael Ross, who was involved in multiple private healthcare companies, withdrew after review of his financial holdings. Continue reading...

Events

1 week ago New initiative will 'help small businesses unlock the financial benefits of sustainability'

The Green Growth Programme is a free programme aimed at equipping small business owners with the knowledge and tools to understand how sustainability can boost the bottom line

Economics

1 week ago Invesco latest financial services firm to be hit by Palestine Action

Invesco's Westminster office was attacked by Palestine Action activists on Monday, as red paint was plastered on the walls of the global investment firm's building

Economics

1 week ago Record turnover and profit at Aberdein Considine amid corporate restructure

Law firm Aberdein Considine has seen a record financial year, with both turnover and profit increasing substantially across the firm. This comes as the organisation converts from a traditional partnership model to a Limited Liability Partnership and unveils a refreshed brand identity.

Politics

2 w. ago This simple hack using one common kitchen ingredient helps keep wooden floors clean

Dust accumulates rapidly during the warmer summer months

Events