Deutsche Bank slashes 3,500 jobs in £1.4bn cost-cutting effort
Deutsche Bank is set to cut 3,500 jobs in an attempt to save €1.6bn (£1.4bn), as the bank has reported a fourteen per cent drop in profits. The bank is…
Deutsche Bank is set to cut 3,500 jobs in an attempt to save €1.6bn (£1.4bn), as the bank has reported a fourteen per cent drop in profits. The bank is…
The former US president’s High Court lawsuit against British corporate intelligence consultancy was dismissed by a judge today in London. The defendant is Orbis Business Intelligence, founded by former government…
The Bank of England has kept interest rates on hold for the fourth meeting in a row while policymakers pushed back against expectations of imminent rate cuts. The decision means…
Euro area inflation fell to 2.8 per cent in January, down from 2.9 per cent in December, as markets speculate when the European Central Bank will begin to cut interest…
The UK’s manufacturing sector contracted again in January, while business optimism jumped to its highest level in four months, a closely watched survey has suggested. Manufacturers saw increasing supply chain…
A Labour government would cap the headline rate of corporation tax at 25 per cent throughout the next Parliament, Rachel Reeves has told bosses. The shadow Chancellor pledged her party…
Rightmove has acquired a platform that displays reviews of property developments by residents for £8m. HomeViews Platform has been snapped up by the London-listed property portal while its chief executive,…
Seven-time Formula 1 champion Lewis Hamilton is set to leave Mercedes after 12 years with the team and make a sensational switch to Ferrari. Hamilton has agreed to join the…
Swiss mining group Glencore has said that production across its key energy transition stable of metals was lower for 2023 and warned that 2024 could bring the same. Copper production…
TSB Bank has recommended a £120m award to its Spanish parent company as it reported a jump in annual profits on the back of high interest rates, despite a rise…