Christian Aid's report reveals 2025's top 10 climate disasters caused over $120bn in insured losses. From SE Asia cyclones to California fires, the human and financial toll is mounting. Urgent action on fossil fuels is needed.
Stella McCartney's fashion label sees losses widen to £33.6m as sales fall by 27%, raising concerns over its financial future. Directors cite challenging luxury market conditions.
British fashion chain River Island is closing 33 profitable branches by January 2026, risking hundreds of jobs. The move follows £33.2m losses and a shift to online shopping. See the full list of affected stores.
The closure of Winstone Pulp's mills in Ruapehu, New Zealand, has led to over 230 job losses, forcing families to move and raising fears of a 'hollowing out' of rural regions. Read the full story.
The UK services sector saw further job losses in December, despite a rebound in business activity and rising client confidence. Analysts warn of intense cost pressures and a sluggish economic outlook. Read the full analysis.
A new study reveals UK arable farmers face over £800m in losses after the hottest spring and summer on record devastated harvests. Discover the impact on food security and calls for urgent support.
Argos plunged to a £223.2m pre-tax loss last year, with analysts claiming Sainsbury's 'food-first' strategy left the retailer feeling like an 'unloved child'. Discover the future of the high street staple.
The Victorian government announces a major public sector overhaul, aiming to cut 4,000 jobs and save $2.3bn. Find out which departments are affected and the impact on services.
Leon founder John Vincent reveals potential site closures and job cuts as he battles to restore the struggling fast-food chain to its former health. Read his full recovery plan.
A major fire at a West London business park destroyed a warehouse, causing over £23,600 in losses for local traders. 150 firefighters battled the blaze.
OBR analysis reveals over 2 million jobs in key UK sectors face AI automation. Discover the Treasury's response and the potential impact on the economy.
Chancellor Rachel Reeves warned that increasing gambling taxes could lead to significant job losses and harm horse racing. The industry contributes £4bn annually in tax. Read the full analysis.
New research reveals AI could displace 3m low-skilled UK workers by 2035, while boosting demand for professionals. Discover which roles are most at risk.
One of the UK's largest metal recycling firms, Unimetals Recycling, has collapsed into liquidation, putting approximately 650 jobs in immediate danger. Discover the full story behind the failure.
Unimetals Group, a major UK metals recycler, is on the brink of collapse, threatening 650 jobs just weeks before Christmas. Read the full story on the crisis.
ExxonMobil confirms closure of its Fife Ethylene Plant near Cowdenbeath, blaming UK government policy and high costs. Up to 450 jobs at risk. Discover the full impact.
Sports Interactive's pre-tax losses surged to £8.5m after cancelling Football Manager 25. Discover how this strategic move aims to secure the franchise's future.
Anthropic CEO Dario Amodei warns AI companies must be transparent about risks like job losses and security threats or repeat mistakes of tobacco and opioid industries.
Youth unemployment surges to 15.3% as under-25s bear brunt of job losses. David Blunkett warns of 'lost generation' as government faces pressure ahead of autumn budget.
Sir Jim Ratcliffe's Ineos Automotive is cutting hundreds of jobs across its global operations as the company grapples with significant debt and operational challenges. Read the full analysis.
British companies are rapidly increasing layoffs as artificial intelligence adoption surges and economic uncertainty grows, with London firms leading the trend.
A devastating election night for Republicans reveals deep voter anxiety over affordability issues, with Trump's influence failing to counter economic concerns.
BT Group makes strategic move to acquire budget broadband provider Plusnet amid ongoing customer losses and intense market competition. Discover how this acquisition aims to bolster BT's market position.
Britain's beloved toy retailer The Entertainer announces significant redundancies across its UK stores, citing crippling business rates, rising wages and economic pressures.
In a stunning political reversal, a Republican candidate has captured the New York City mayor's office for the first time in decades, dealing a devastating blow to Democratic strongholds across key states.
Exclusive research reveals how a simple investment error is costing British newcomers thousands. Discover what the pros know that you don't.
The UK's Pizza Hut Restaurants business has entered administration, leaving behind £30m in debts and resulting in the immediate loss of 1100 jobs across 29 locations.
The 2025 US government shutdown has triggered staggering economic losses, with new analysis revealing billions in damages and widespread disruption across federal services.