Facebook cut more than 600 UK jobs as its revenue passed the £3bn mark in 2024, it has been revealed. The London-headquartered arm of the US giant reduced its headcount …
Investing
Salesforce: UK profit surges as 300 jobs lost
The UK division of Salesforce has made another huge round of job cuts as its profit jumped by 65 per cent during its latest financial year. The firm’s headcount fell …
Harpreet Kaur: Firm founded by winner of The Apprentice collapses
A company founded by Harpreet Kaur, who won The Apprentice in 2022, has been shut down owing to a six-figure sum. Oh So Yum was placed into voluntary liquidation at …
Fatter, lazier, more inactive: How businesses like Canterbury rely on healthy population
Canterbury is a globally recognised brand, but it relies on a healthy population to invest in pro sports deals. By the end of the decade 3bn of us could be …
FTSE 100 Live: Brave Bison circles M&C Saatchi
Good morning from the City AM liveblog team. A motor finance battle, hefty impairment charges and the shadow of 2008 all cast over banks third-quarter results but beneath the fog …
London should be the engine that saves us from decline
We should be proud of our great city, but also clear-eyed about its failings on housing, crime and the cost of living, says Lawrence Newport London is like nowhere else …
Reeves’ urged to fix Britain’s ‘broken credit system’ that’s failing millions of renters
A coalition of MPs, lenders, fintechs and charities have urged Reeves’ to fix the UK’s “broken credit system, warning that millions of renters are being locked out of home ownership. …
UK unemployment rate to hit 5 per cent next year, EY predicts
The UK’s unemployment rate is set to rise to five per cent in the beginning of next year before falling back, a leading forecaster has said. In its latest update …
New body to run military housing in Ministry of Defence overhaul
Ministers are set to create a new quango to run military housing after concluding the Ministry of Defence was not up to the job. The new Defence Housing Service, to …
Defence secretary: there will be “consequences” from weak economic forecasts
Defence Secretary John Healey has warned there will be “consequences” from recent weaker economic forecasts in the nearing Autumn Budget. The minister insisted no final decisions had been made for …