The Bank of England has reduced its base rate to 4.5 per cent — the third such cut in six months — as policymakers seek to shore up Britain’s weakening economy. In a 7-2 vote,…
Business
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The traditional five day work week has been the standard for over a century, but recent shifts in the workplace culture and employee expectations have sparked interest in a shorter work schedule. The concept of…
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Business
Leen Kawas on Resilience as Strategy: The Role of Female Leadership in Transformative Change
Female executives who successfully navigate traditionally male-dominated industries often develop distinct approaches to leadership that emphasize adaptability and strategic thinking. Biotechnology expert Leen Kawas highlights how women in leadership positions can leverage their unique perspectives…
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A growing gap between private and public sector salaries for cybersecurity professionals is undermining the UK’s national security, according to new research by Naoris Protocol. The blockchain-based cyber firm warns that talented cyber experts are…
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The Bank of England is expected to lower its key interest rate later today, moving from 4.75% to 4.5%, in a bid to counter the UK’s sluggish economic performance. Many analysts point to softer GDP…
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Ewan Venters, the former chief executive of Fortnum & Mason, has joined the board of the designer label Paul Smith Ltd. His appointment as a non-executive director comes shortly after stepping down as CEO of…
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The US Postal Service (USPS) has resumed accepting parcels from mainland China and Hong Kong, reversing a brief suspension triggered by new trade measures introduced by President Donald Trump. The move follows a dramatic shift…
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Estée Lauder is set to double its planned job losses to as many as 7,000 roles, citing rising costs and ongoing uncertainty around President Donald Trump’s import tax crackdown. The US cosmetics giant, which owns…
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Lloyds Banking Group is facing a £1 billion bill after a tax tribunal ruled against it in a dispute tied to losses in Ireland dating back nearly 15 years. The First-tier Tribunal Tax Chamber has…
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A group of British retailers has urged ministers to follow Donald Trump’s lead in abolishing a tax loophole that allows Chinese ecommerce platforms such as Shein and Temu to avoid customs duties. Prominent figures including…