Lloyds Banking Group has been urged to release the complete version of a long-awaited review into whether it concealed a £1 billion fraud tied to the Reading branch of HBOS. Dame Meg Hillier, Chairwoman
UK employers are bracing for the largest wave of redundancies in a decade, as confidence among businesses plummets amid concerns over rising costs and tax hikes set to take effect from April. A new
Elon Musk’s sweeping cuts to US government agencies have sparked concerns that private companies—including his own—could reap billions in new contracts as public services are dismantled. Musk, who has taken on a powerful role
The Vivienne Westwood fashion house is facing mounting scrutiny after an independent investigation upheld allegations of homophobic bullying against its chief executive, Carlo D’Amario. The claims, which were examined by an employment barrister in
Blue Origin, the spaceflight company owned by Amazon founder Jeff Bezos, is cutting 1,400 jobs—around 10% of its workforce—as it shifts focus to ramping up rocket production and increasing launch frequency. In an internal
The UK economy defied expectations by posting 0.1% growth in the final quarter of 2024, according to new Office for National Statistics (ONS) data. Analysts had predicted a contraction, but strong performances in construction,
The UK government has signalled it will push for an exemption from Donald Trump’s planned 25% tariffs on British steel, as concerns grow over the potential impact on exports and domestic pricing. Business Secretary
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