Burberry is set to cut up to 1,700 jobs — nearly 18% of its global workforce — as part of a sweeping cost-saving plan aimed at stabilising the business after a sharp downturn in the…
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Business
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Jaguar Land Rover (JLR) has posted its highest annual profit in a decade, marking a strong year for the British carmaker despite lingering uncertainty over US trade tariffs. The Tata Motors-owned firm reported pre-tax profits…
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Business
Fuel Ventures backs Community Wolf with £340k to scale WhatsApp-based public safety platform
Fuel Ventures has led a £340,000 investment round into Community Wolf, a fast-growing South African startup using WhatsApp to revolutionise public safety through community-driven crime reporting and intelligence gathering. The funding, which closed this month,…
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Microsoft is laying off approximately 6,000 employees worldwide — nearly 3% of its global workforce — in its largest round of job cuts since early 2023. The move comes as the $3.3 trillion tech giant…
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Business
Rachel Reeves won’t rule out pension fund mandates as tensions rise over Mansion House accord
Chancellor Rachel Reeves has refused to rule out compelling UK pension funds to invest in domestic assets, escalating tensions with the pensions industry just hours after the announcement of the new £50 billion Mansion House…
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Business
Half of UK consumers recognise Made in Britain trademark as demand for homegrown goods grows
A new YouGov poll reveals that 50% of UK adults now recognise the official Made in Britain trademark — a significant milestone for the not-for-profit trade body that champions British manufacturing. The findings come amid…
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Vinted, the digital marketplace for second-hand fashion, has reported a dramatic surge in profits as demand for resale platforms continues to grow. The Lithuanian-headquartered company posted a profit before tax of €95.4 million (£80.3 million)…
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A major new employment initiative backed by £10 million in government funding has officially launched in York and North Yorkshire, aiming to help thousands of people with health conditions return to or remain in work.…
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In my career, I have worked with many companies from various domains. They all had different approaches to doing business. But what they had in common was their desire to grow without increasing their costs…
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Business
London launches first regulated crypto derivatives platform as digital assets enter mainstream
The UK has taken a major step towards mainstream adoption of digital assets with the launch of GFO-X, London’s first regulated and centrally cleared cryptocurrency derivatives trading platform. Backed by FTSE 100 asset manager M&G…