US unemployment miss: ‘Has the Fed made a policy mistake?’ Economics US unemployment figures missed expectations today, jumping to 4.3 per cent, leaving analysts asking if the Federal Reserve had made a mistake not to cut interest rates on Wednesday.
BBC to cut hundreds more jobs over next two years Employment The BBC has announced plans to make a net reduction of 500 full-time roles over the next two years as it continues its move outside of London.
Carpetright: All you need to know ahead of redundancies and store closures Retail Carpetright has become the latest household name to fall into insolvency following the likes of The Body Shop, Ted Baker and online luxury fashion retailers Matches and Farfetch earlier this year.
Carpetright: Rival Tapi rescues brand out of administration as 1,500 jobs lost July 23, 2024 Carpetright has been rescued out of administration but more than 1,500 jobs have been lost, it has been confirmed.
Cazoo racked up debts of over £260m as it collapsed into administration July 16, 2024 Cazoo racked up debts of more than £260m as it collapsed into administration earlier this year, it has been revealed.
Carpetright: Retailers urged to make ‘bold decisions early’ to avoid same fate July 15, 2024 Businesses have been urged to make "bold decisions early and "avoid kicking problems down the road" in the wake of reports that Carpetright is on the brink of collapse.
Yell eyes ‘ideal customer’ as it sinks further into the red and cuts jobs July 15, 2024 Yell, the digital marketing and online directory business, sunk further into the red during its latest financial year as it focused on "attracting and retaining customers who meet our ideal customer profile exclusively".
Carpetright lines up PwC as looming administration puts thousands of jobs at risk July 12, 2024 Carpetright is on the brink of collapsing into administration, putting thousands of jobs at risk.
UK households would be £4,300 richer per year if pay growth had matched Germany and the US June 25, 2024 Households would be £4,300 a year better off if pay growth in the UK had matched average wages in Germany and the US since 2010, according to a new study.
Tesla, Google, Microsoft and Tiktok push tech layoffs total to nearly 100,000 this year June 17, 2024 A total of 326 tech companies have laid off more than 98,000 employees so far this year, according to online tracker layoffs.fyi.