In yet another blow to the Chancellor, a damning report showed firms are now slashing jobs at the fastest pace since the financial crisis - excluding the pandemic - as they brace for tax hikes in April. Economics
Businesses have been slashing jobs at the fastest rate in more than four years, with upcoming Budget cost rises 'intensifying' the pace of cuts, according to a new survey Politics
Job-cutting is largely in response to higher payroll costs Politics
Private sector firms are shedding staff at the fastest rate since the pandemic, new figures showed today. Economics
Lee Bootle was on a yacht in the Mediterranean when he was told his hedge has been hacked down Economics
Four leading City banks were today fined more than £100 million for unlawfully sharing market sensitive information about the pricing of UK bonds. Economics
The Deputy Prime Minister's plan includes expanding the grounds for unfair dismissal and could hit businesses with higher sick pay costs. Events
A poll by the Federation of Small Businesses (FSB) revealed that 33% of companies expect to reduce their workforce. Economics
The rise caused City traders to reduce their bets on interest rates being cut later this year by the Bank of England. Economics
Sterling Furniture said it has had to take ‘difficult decisions’ in order to safeguard the future of the business. Politics
The banking group said it will reduce its global staff costs by around 8% under the overhaul. Economics
“While ramping up Infix in Scotland is our main priority this year, we’re now also actively engaging with NHS England” – Matthew Freer, CEO Science
The fast fashion retailer has been in talks over an initial public offering on the London Stock Exchange over the past 12 months. Events
Many businesses are planning to reduce headcount, raise prices and cut investment in workforce training, survey suggests. Politics