BP has announced it is cutting 4,700 jobs from its global workforce. The energy giant also said it will cut 3,000 contractor roles as part of a cost-saving drive across the company. It comes just two ...
The UK economy just about returned to growth in November after two months of contraction, the latest official figures show. Gross domestic product (GDP), the standard measure of an economy’s value and...
Forget this week’s minor decrease in the UK inflation number. The most important European data release was the confirmation from Germany that, during 2024, its economy contracted for the second consec...
Sir Keir Starmer has said he is committed to only having one budget this year as he quashed suggestions of an emergency financial statement. Conservative leader Kemi Badenoch asked the prime minister ...
Nadhim Zahawi, the former chancellor, is joining an Israeli medical diagnostics group which is trying to transform the way infectious diseases are detected and managed. Sky News understands that Mr Za...
The rate of inflation may have eased slightly but it is clear that UK households are facing a surge of rising costs ahead. At an annual rate of 2.5%, the consumer prices index (CPI) measure of inflati...
A fall in December’s CPI inflation of 0.1 percentage points to 2.5% is marginal, but by being below expectations it delivered an above-expectations boost to Rachel Reeves. The chancellor has been unde...
Thousands have signed a petition imploring the world’s biggest advertising agency, WPP, to revoke a new rule forcing employees to attend the office four days a week. Mark Read, the chief executive of ...
As consumers around the U.S. have eased into 2025 with a month-long commitment to refrain from alcoholic beverages, some are contemplating keeping a lack of spirits alive in February and beyond.Among ...
Apple AI is sending misleading push notifications about sensitive stories like Gisele Pelicot’s mass rape trial, Britain’s grooming gang scandal and a prison officer filmed having sex with an inmate. ...
Elon Musk is being sued for failing to disclose his purchase of more than 5% of Twitter stock in a timely fashion. The world’s richest man bought the stock in March 2022 and the complaint by the US Se...
