16 h. ago Ozempic maker to slash 9,000 jobs globally as competition intensifies

Novo Nordisk’s plans would result in around 11% of the pharmaceutical giant’s 78,400-strong workforce being axed.

Politics

17 h. ago Weight loss drugmaker to slash 9,000 jobs in £926 million cost cut

Novo Nordisk was at one point last year Europe's most valuable listed company

Economics

18 h. ago Wegovy maker Novo Nordisk to cut 9,000 jobs amid increased competition

Danish manufacturer of weight-loss and diabetes drugs under pressure from US rival Eli Lilly Business live – latest newsThe Danish maker of the weight-loss drug Wegovy and diabetes drug Ozempic is to cut 9,000 jobs as it issued a profit warning amid fierce competition from its US rival Eli Lilly.Novo Nordisk’s decision to cut 11% of its global workforce of 78,400 takes place as sales of Wegovy have slowed sharply as it has lost ground to Eli Lilly’s Mounjaro jabs, as well as cheaper versions by generic drugmakers, and the pharmaceutical sector faces the threat of targeted US tariffs. Continue reading...

Politics

19 h. ago Novo Nordisk to cut 9,000 jobs as it slashes profit forecast

Danish drugmaker warns over slowing growth as Ozempic and Wegovy producer faces pressure from US rival Eli Lilly

Politics

19 h. ago Ozempic maker Novo Nordisk to cut 9,000 jobs amid increased competition

Danish manufacturer of weight-loss and diabetes drugs under pressure from US rival Eli Lilly Business live – latest newsThe maker of the weight-loss and diabetes drugs Ozempic and Wegovy is to cut 9,000 jobs as it issued a profit warning amid increased competition from the US rival Eli Lilly.Novo Nordisk’s decision to cut 11% of its global workforce comes as sales of its diabetes drugs including Ozempic have slowed sharply as it faces fierce competition from Eli Lilly’s Mounjaro jabs and the threat of US tariffs. Continue reading...

Politics

5 d. ago Could Angela Rayner be forced to sell £800,000 Hove home? Axed Deputy PM faces £67,000 salary cut as well as stamp duty bill

She owned a grace and favour flat in Admiralty House along with her Ashton-under-Lyne constituency home and the three-bedroom holiday home in Hove.

Economics

6 d. ago DWP announces fund for 300,000 people as 'benefit cut' act becomes law

The Universal Credit Act, which cuts funding for some people on sickness and disability benefits, has been signed into law

Politics

1 week ago 'I'm a former recruiter and one easy hack can boost your chance of getting job'

A former job recruiter named Sophie shared a simple hack that will make it easier for people looking for new jobs to get noticed by recruiters and increase their chances of getting hired

Politics

1 week ago New study reveals what can REALLY heal your liver after drinking

Scientists analysing records from 60,000 adults found that two lifestyle factors dramatically cut alcohol-related liver deaths, with the greatest benefits seen in those at high risk.

Politics

2 w. ago Nearly 100,000 homes sped up by drive to cut red tape, ministers claim

Deputy Prime Minister Angela Rayner said the New Homes Accelerator was ‘breaking down the barriers’ stopping new homes from being built.

Politics

2 w. ago Tyson Fury sells £800k seaside home for knockdown price after boxing star's retirement

Tyson Fury and wife Paris have opted to sell their Morecambe home for a cut price of £700,000 another moving into another property in the area for around £1.7m back in 2020

Economics

2 w. ago TikTok to shed hundreds of jobs in UK safety and moderation teams

The company is increasingly using AI to perform jobs that used to be done by humans

Politics

2 w. ago Wegovy sales spike after maker of rival Mounjaro ramps up UK price

CheqUp said it had experienced a spike in interest from consumers wanting to switch or begin taking the medication.

Economics

3 w. ago Worrying number of pubs and restaurants that have put prices up revealed

Tax increases announced by Labour to tackle a hole in the public finances have led to price increases and job cuts throughout the hospitality sector, say bosses, as they called for help from the Chancellor

Politics