8 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

10 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

10 h. ago Thousands of London civil servants to leave city as government cuts costs

Thousands of London civil servants to leave city as government cuts costs  South China Morning Post

Politics

10 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

11 h. ago Thousands of civil servants to be moved out of London as government cuts costs

New regional hubs are set to open across the country

Politics

11 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

11 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 Thousands of civil servants to be moved out of London as 11 Government offices in capital set to close

Some 12,000 civil service jobs will be moved out of London and 11 Government office buildings shut

Politics

22 h. ago Thousands of civil servants to be moved out of London as 11 Government offices set to close

Some 12,000 civil service jobs will be moved out of London and 11 Government office buildings shut

Politics

29 h. ago Is Nissan's Sunderland plant safe? Huge global cost saving plan includes seven car factory closures and 20,000 job cuts

The 'Re:Nissan Plan' announced Tuesday sets a number of stringent cost-saving measures to pull the car maker out of the red. What does it mean for the 6k workforce in Sunderland?

Economics

29 h. ago Residents' anger over council's plans to shut county's libraries

Caerphilly County Borough Council wants to close 10 smaller libraries and develop seven hybrid 'community hubs' in cost-cutting measures

Politics

33 h. ago Pub group Marston’s returns to profit after cost cuts and drawing in punters

The company reported a pre-tax profit of £19 million for the six months to March 29.

Economics

36 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

56 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

67 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

4 d. ago Thousands of civil servants to be moved out of London under fresh reform plan

Thousands of civil servants to be moved out of London under fresh reform plan  The Guardian

Politics

7 d. ago Trump administration to stop US research on space pollution, in boon to Elon Musk

SpaceX and Starlink owner may benefit from Trump cuts to projects that could have led to regulations and costsThe Trump administration is poised to kill federal research into pollution from satellites and rockets, including some caused by Elon Musk’s space companies, raising new conflict-of-interest questions about the billionaire SpaceX and Starlink owner.The pollution appears to be accumulating in the stratosphere at alarming levels. Some fear it could destroy the ozone layer, potentially expose some people to higher levels of ultraviolet radiation or help further destabilize the earth’s climate during the climate crisis. Continue reading...

Technology

8 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

9 d. ago Trump cuts will increase devastation after disasters, expert warns: ‘It is really scary’

Layoffs and funding cuts to Fema and Noaa will hamstring emergency managers, warns professor Samantha MontanoThe Trump administration’s sweeping cuts to disaster management will cost American lives, with hollowed-out agencies unable to accurately predict, prepare for or respond to extreme weather events, earthquakes and pandemics, a leading expert has warned.Samantha Montano, professor of emergency management at Massachusetts Maritime Academy and author of Disasterology: Dispatches from the Frontlines of the Climate Crisis, said the death toll from disasters including hurricanes, tornadoes and water pollution will rise in the US unless Trump backtracks on mass layoffs and funding cuts to key agencies. That includes the Federal Emergency Management Agency (Fema), whose work relies heavily on the National Oceanic and Atmospheric Administration (Noaa), which is also being dismantled. Continue reading...

Events

9 d. ago Trump cuts will lead to more deaths in disasters, expert warns: ‘It is really scary’

Layoffs and funding cuts to Fema and Noaa will impact how they predict and respond to disasters, warns professor Samantha MontanoThe Trump administration’s sweeping cuts to disaster management will cost lives in the US, with hollowed-out agencies unable to accurately predict, prepare for or respond to extreme weather events, earthquakes and pandemics, a leading expert has warned.Samantha Montano, professor of emergency management at Massachusetts Maritime Academy and author of Disasterology: Dispatches from the Frontlines of the Climate Crisis, said the death toll from disasters including hurricanes, tornadoes and water pollution will rise in the US unless Trump backtracks on mass layoffs and funding cuts to key agencies. That includes the Federal Emergency Management Agency (Fema), whose work relies heavily on the National Oceanic and Atmospheric Administration (Noaa), which is also being dismantled. Continue reading...

Events