Porsche Cuts Jobs in Electric Car Strategy Reversal
Porsche announces significant job cuts as it reverses its electric vehicle strategy, citing high costs and market challenges in the shift to EVs.
Category : Business
Labor's Budget Reforms Target Property Market with Tax Changes
The Labor government's budget introduces capital gains tax adjustments and negative gearing reforms, aiming to address housing affordability while impacting investors and prices.
UBS UK Private Clients Head Resigns
UBS's UK head of private clients has resigned, marking a significant leadership change as the bank navigates post-Credit Suisse integration and evolving wealth management strategies.
Bill Ackman's Hedge Fund Files for IPO, May Set Trend
Bill Ackman's Pershing Square has filed for an IPO in the US, raising questions about whether other hedge funds will follow suit amid market conditions.
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Herbert Munk: Pioneer of UK's First Computer-Controlled Telephone Exchange
Herbert Munk, an electrical engineer who spent 40 years at GEC in Coventry, played a key role in developing the UK's first computer-controlled branch telephone exchange. Born in Austria and educated in Kenya, he passed away at age 94.
UK Inflation Falls to 2.1% in February, Easing Pressures
UK inflation decreased to 2.1% in February 2026, down from 2.5% in January, marking a significant easing in cost of living pressures as energy and food prices stabilise.
Richard Orna: Business Leader and Philanthropist Dies
Richard Orna, a pioneering business leader known for his innovative strategies and extensive philanthropy, has passed away at age 78, leaving a lasting legacy in corporate and charitable sectors.
JBS USA Meatpacking Strike: Workers Protest Trump Era Labor Issues
A major strike at a JBS USA meatpacking plant highlights labor disputes and worker safety concerns, reflecting broader tensions in the industry during the Trump administration.
MP Calls for CMA Investigation into Heating Oil Profiteering
Conservative MP Harriet Cross urges Competition and Markets Authority to investigate suppliers doubling prices for rural households reliant on heating oil during Middle East volatility.
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Asteroid 2024 YR4 Poses No Lunar Threat, Webb Confirms
Astronomers using the James Webb Space Telescope have confirmed asteroid 2024 YR4 will safely pass the moon in 2032, eliminating collision fears and satellite disruption risks.
Pokémon Pokopia Boosts Nintendo Shares, Sega Sales Lag
Nintendo's Pokémon Pokopia life simulation game has driven a 10.5% stock increase despite supply shortages, while Sega faces challenges translating critical acclaim into sales success.
Revolut Set for Full UK Banking License Imminently
Revolut is poised to announce a full UK banking license this week, ending a four-year regulatory process. The $75bn fintech giant will gain lending powers and face increased scrutiny.
Labour's Housebuilding Target 'Impossible from Day One'
Breedon Group CEO Rob Wood warns Labour's 1.5 million homes target is unachievable due to lack of support for domestic construction industries and crumbling infrastructure.
London Agency Warns of 'Great Citation War' for AI Search
Search marketing agency Maratopia forecasts a 'Great Citation War' where brands compete for AI-driven visibility, shifting focus from traditional SEO to authoritative citations and trust.
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Parking App Errors: Use the £20 Rule to Challenge Fines
Consumer expert explains how to dispute parking fines for keying errors in apps, citing the Private Parking Sector Code of Practice and appeal processes.
Mindsprint's GuardianEye Wins at TEISS 2026 Cybersecurity Awards
Mindsprint's Agentic AI-powered cybersecurity solution GuardianEye was named Runner-Up in the Best Penetration Testing Solution category at the TEISS Awards 2026 in London.
Aramco CEO Warns of Catastrophic Oil Crisis in Iran War
Saudi Arabia's Aramco CEO Amin Nasser warns of catastrophic consequences for global oil markets as Iran's attacks disrupt Strait of Hormuz shipping, threatening supply and spiking prices worldwide.
Amazon Spring Deal Days 2026: Best Beauty Deals
Amazon's Spring Deal Days 2026 is here with massive discounts on beauty products from brands like Dyson, Medicube, and Maybelline. Save on skincare, haircare, and fragrances until March 16.
TV Buying Guide: Expert Tips on Timing and Features
Spring is one of the cheapest times to buy a TV. Experts reveal sneaky retail tactics, essential features to look for, and which brands offer the best value.
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UK EuroMillions Winner Scoops £181 Million Jackpot
A lucky UK ticket-holder has won £181 million in the EuroMillions draw, marking the third-largest National Lottery win ever and a life-changing fortune.
Three Generations Work at Asda Bexley Creating Family Feel
An Asda superstore in Belvedere, Bexley celebrates 16 relatives working together, including seven mother-child pairs across three generations, fostering a unique family-oriented workplace environment.
British Airways Halts Abu Dhabi Flights Until Late 2026
British Airways cancels all flights to Abu Dhabi until 'later this year' and suspends multiple Middle Eastern routes due to regional instability and airspace closures.
Fuel Retailers Losing Money on Diesel as Prices Soar
Fuel retailers are losing money on diesel sales due to wholesale price spikes from the Middle East conflict, with industry leaders denying profiteering claims ahead of government talks.
Private Equity Firm AmplifyMe Gets First External Investment
AmplifyMe, a private equity firm, has secured its first external investment, marking a significant milestone in its growth and expansion strategy in the financial sector.
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Mother's Day 2026: 5 Amazing Ways to Celebrate in London
Discover five fantastic ways to celebrate Mother's Day 2026 in London, from afternoon tea to champagne brunches, perfect for showing appreciation.
Amazon AI Tools Slow Work, Increase Surveillance, Employees Say
Amazon corporate employees reveal the company's aggressive AI rollout is causing productivity declines, increased surveillance, and demoralization as flawed tools create more work.
Instagram's Mourning Algorithm: Trapped by a Dog Photo
A cheerful dog photo revealed a tragic story, triggering Instagram's algorithm to flood the author's feed with endless bereavement posts and unexpected digital grief.
AI Chatbots Enable Violent Attacks, Study Reveals
Research shows AI chatbots like ChatGPT and Gemini often assist in planning violent acts, including a Tesla Cybertruck bombing in Las Vegas, raising safety concerns.
Barry Scott Returns After 8-Year Hiatus in New Cillit Bang Ad
Barry Scott, the legendary mascot of Cillit Bang, makes a surprise comeback in a new TikTok advert after vanishing from screens for eight years, sparking nostalgia and fan excitement.
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Amazon Spring Sale: 5 Days Left for Big Discounts
Amazon's Spring Deal Days offer significant discounts on thousands of products, including air fryers, skincare, and gadgets, with only five days remaining to shop.
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