56 h. ago Ineos to cut hundreds of jobs as carmaker struggles with debts

Company owned by the billionaire Jim Ratcliffe says it is simplifying its head office to improve efficiencyThe carmaker owned by the billionaire industrialist Sir Jim Ratcliffe will make hundreds of job cuts across the company’s global workforce as his heavily indebted empire comes under increasing pressure.Ineos Automotive did not specify an exact number of losses from its 1,700-strong workforce, saying only that it would shed “several hundred” head office staff across multiple locations, including the UK and parts of Europe. Continue reading...

Politics

3 d. ago Hundreds of jobs at risk as car parts company plans to close factories

The union is calling the plan a ‘betrayal’ of workers

Events

3 d. ago Struggling major car firm to shut huge UK car factory with hundreds of jobs at risk after ‘persistent challenges’

A MAJOR car firm is set to shut down factories in the UK - putting hundreds of jobs at risk. NSK, which has supplied to manufacturers like Nissan in the UK, pointed to "persistent challenges" that has led to struggles in staying profitable. The Japanese manufacturing firm is looking at shutting two of its sites...

Events

2 w. ago Volkswagen indicates shortage of Chinese chips would hit profits

New EV models are offsetting a slump in demand but Europe’s carmakers are bracing for shutdownsVolkswagen has signalled that its annual profit targets are at risk without sufficient computer chips, in the latest sign that an expected shortage of semiconductors from China could hit carmakers across Europe.The struggling German automotive giant said a series of cost cuts and new model launches are helping to offset a slump in Chinese demand but added that forecasts are based on the “adequate availability of semiconductors”. Continue reading...

Events

2 w. ago UK airline axes hundreds of jobs after cancelling ALL flights

A UK-based airline has axed hundreds of jobs after cancelling all flights and filing for administration. It let go off around 250 staff, including all cabin crew, this week.

Society

2 w. ago UK airline axes 250 jobs after grounding ALL flights and filing for administration

EASTERN Airways has axed hundreds of jobs after grounding all flights, as the carrier teeters on the brink of collapse. The regional carrier let go off around 250 staff, including all cabin crew this week. Staff were informed they were being let go at 5pm on Monday, October 27, according to an insider, who also...

Society

3 w. ago Anyone with hairdryer at home can slash hundreds off energy bills

Lots of people have a hairdryer and, if you have one at home, it could be more useful than you think. Using it for a simple job can help to slash hundreds off your energy bills

Society

3 w. ago Anyone with hair dryer at home can slash hundreds off energy bills

Lots of people own a hair dryer and, if you have one at home, it could be more useful than you think. Using it for a simple job can help to slash hundreds off your energy bills

Society

3 w. ago Pizza Hut to close 68 UK branches as restaurant firm enters administration

It comes six weeks after HMRC had reportedly filed a winding-up petition against the business.

Politics

3 w. ago Pizza Hut to close 68 restaurants as hundreds of jobs could be at risk

The popular chain restaurant has had stores across the UK since the 1970s

Society

3 w. ago Pizza Hut UK to close 68 branches after plunging into administration

It comes six weeks after HMRC had reportedly filed a winding-up petition against the business.

Politics

3 w. ago Dozens of Pizza Hut restaurants could shut as chain enters administration

Dozens of Pizza Hut restaurants in the UK could close and hundreds of jobs are at risk after the dine-in side of its business collapsed into administration.

Politics

3 w. ago Pizza Hut UK falls into administration with hundreds of jobs at risk

The popular brand has been in the UK since the 1970s

Events

3 w. ago Pizza Hut restaurants in administration with 68 sites and hundreds of jobs put at risk

Pizza Hut UK restaurants have collapsed into administration with 68 locations at risk of closure and 741 jobs at risk, it has been announced today

Society

4 w. ago China creating fake job adverts to lure Britons into spying, MI5 says

In a new escalation, hundreds of thousands of suspicious job ads are appearing on online platforms offering bumper salaries in exchange for 'unique insight' reports.

Politics

4 w. ago Who are Chen Zhi and the Prince Group, accused by the US and UK of large

US treasury department has sanctioned Chinese-born Cambodian tycoon Chen Zhi – alleged mastermind of a cyber-crime empire in south-east AsiaThe UK and the United States have sanctioned a multinational network based in south-east Asia accused of running large-scale online scam operations that are suspected of using trafficked workers to defraud people around the world.The industry has flourished in recent years, especially in parts of Cambodia and Myanmar where hundreds of thousands of people have been duped by false job adverts and then forced to commit online fraud, including through romance scams, sometimes under the threat of torture. Continue reading...

Politics