Amazon axes 16,000 more jobs worldwide to ‘remove bureaucracy’
Amazon is cutting a further 16,000 jobs globally in a second round of layoffs, with UK roles at risk, as the retail giant moves to streamline management and reduce bureaucracy.…
2026
Rogo opens London office following $75 million Series C funding as AI demand surges across European finance
Financial AI platform Rogo has opened its first international office in London, backed by a $75m Series C round led by Sequoia Capital, as European banks accelerate AI adoption. Read…
LVMH results point to prolonged pressure across the luxury market, says GlobalData
LVMH’s full-year 2025 results show falling revenues across key regions and categories, signalling that structural challenges in the global luxury market may persist into 2026, according to GlobalData. Read more:…
Modern Milkman raises £10m to scale sustainable doorstep delivery
Sustainable grocery delivery firm Modern Milkman has secured a £10m investment from Salica Investments to expand its UK operations, accelerate US growth and develop new circular-economy services. Read more: Modern…
Revolution bar group rescued but nearly 600 jobs lost as 21 sites close
Revel Collective has been rescued out of administration, but the closure of 21 Revolution and Revolución bars has led to almost 600 job losses across the UK hospitality sector. Read…
More than 28,000 corporate insolvencies in 2025 highlight strain on UK businesses
UK corporate insolvencies remained elevated in 2025 with more than 28,000 cases recorded, as higher costs, weak demand and tight credit continued to pressure businesses, according to R3. Read more:…
Small defence firms to get easier access to MoD contracts under new growth unit
The Ministry of Defence has launched a new office to help small defence companies win contracts, aiming to boost SME procurement by £2.5bn a year and cut long delays in…
US dollar hits 4-year low after Trump says it’s ‘doing great’
The US dollar has plunged to a four-year low after President Donald Trump publicly welcomed the American currency’s weakness Read Full Article at RT.com
Transport Committee urges action to secure skills pipeline for UK transport manufacturing
MPs have urged the Government to act urgently to address skills shortages in transport manufacturing, warning that outdated training pathways risk holding back growth in net zero and advanced technologies.…
Lords warn pensions inheritance tax changes risk overwhelming personal representatives
A House of Lords committee has warned that proposed inheritance tax changes on pensions will place an unmanageable burden on personal representatives, risking delays, cashflow problems and rising costs. Read…