BP to cut top team as major restructure plans revealed April 18, 2024 BP is to cut its executive leadership team as part of a restructure which it said will help "reduce duplication and reporting line complexity".
Flexible jobs market booming as UK workers won’t budge on return-to-office demand April 17, 2024 According to exclusive data shared with City A.M. by Flexa, compared to this time last year, 62 per cent more flexible jobs are on offer in job adverts.
Metro Bank cancels bonuses for all executives after turbulent year and rescue April 17, 2024 Metro Bank has cancelled the bonuses of all its executive directors following a turbulent 2023.
Timing of Bank of England interest rate cuts thrown into doubt after hot inflation data April 17, 2024 This week market caution looks justified following two upside surprises on two crucial pieces of economic data.
Action ‘urgently needed’ as UK long-term sickness climbs to record high of 2.8m April 16, 2024 Recent research from the Resolution Foundation found that the rise in long-term sickness over the past few years is the longest sustained rise since the 1990s.
Bank of England’s hawks and doves have plenty to ponder after hot wage growth April 16, 2024 Its anybody's guess what the Bank of England will make of the latest labour market figures, published this morning.
Record sales for Beefeater gin and Chivas Regal whisky owner April 16, 2024 Profits at the company behind the likes of Beefeater gin and Chivas Regal whisky surged by almost £100m during its latest financial year as its sales passed the £1.3bn mark.
Wage growth hotter than expected but unemployment rises in headache for Bank of England April 16, 2024 Wages are closely monitored by the Bank of England for signs of how its campaign of interest rate hikes are impacting the wider economy.
Deal agreed to sell 235-acre failed Britishvolt site to US private equity giant Blackstone April 15, 2024 A deal has been agreed to sell the site of failed EV battery business Britishvolt in Northumberland to a US private equity giant.
Furniture Village hit by ‘fragile economic backdrop’ as sales falter April 15, 2024 A fall in customers visiting both its stores and website hit sales at Furniture Village during its latest financial year.