Business News
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UK economy shrinks, recession looms.
The economy of the United Kingdom contracted between July and September, according to the most recent official data. During the ...
Official GDP figures reflect a first step towards recession.
Early official estimates indicate that the British economy fell by 0.2% in the third quarter, prompting the chancellor to warn ...
John Lewis, Tesco, and Lidl reduce their Christmas commercials.
As usual, many Christmas advertisements on television evoke sentimentality, nostalgia, and happiness. As the cost of living rises, however, several ...
Binance’s U-turn on FTX rescue worsens the crypto crisis.
According to reports, regulators and U.S. officials are investigating as the FTX exchange teeters on the edge of collapse following ...
Mental health crisis shrinks UK workforce, fueling personnel shortages.
The number of people who are neither working nor looking for work has increased to about nine million, and statistics ...
Elon Musk tweets to the Northern Ireland secretary, “What does ‘tosh’ look like?”
The billionaire owner of Twitter, Elon Musk, has reacted to the Northern Ireland secretary of state’s request to remove fake ...
Brexit-supporting Next CEO believes the country needs more foreign labor
To alleviate labor shortages, the CEO of Next has urged the British government to allow more foreign employees into the ...
Elon Musk sells nearly $4 billion additional Tesla shares after Twitter acquisition.
The world’s richest man has again sold Tesla shares to earn cash but has yet to explain for doing so ...
M&S warns of an impending “storm” as rising prices erode profitability.
The company asserts that it is in a strong position to overcome the challenges ahead, even though prices have negatively ...
Facebook owner Meta will lay off 11,000 workers
Meta, the owner of Facebook, Instagram, and WhatsApp, has stated it will reduce its workforce by 13 percent. The first ...
Made.com fails, threatening thousands of orders.
Next will not retain any employees as it acquires a portion of a failing online furniture retailer. Made.com has entered ...
The owner of Facebook and Instagram, Meta, will lay off almost 11,000 employees.
Mark Zuckerberg acknowledges his errors contributed to Meta’s difficulties as he apologizes for the need to lay off so many ...