Economy

Google fires 28 staff after protests against cloud contract with Israel | Israel War on Gaza

Business
Robert Johnson

Tech giant says employees engaged in ‘completely unacceptable behaviour’ during sit-in at company offices. Google has fired 28 employees following a sit-down ...

Slash benefits to get more men into work, IMF urges

Business
Robert Johnson

“Reduced unemployment benefits and lower labour taxes are associated with higher participation for men of prime working age,” the IMF said in ...

Peacocks, Bonmarche and Edinburgh Woollen Mill owner to open 100 stores within months

Business
Robert Johnson

The owner of Peacocks, Bonmarché and Edinburgh Woollen Mill is set to open 100 new UK high street stores over the next ...

Private equity binge threatens to trigger financial crisis, warns Bank of England

Business
Robert Johnson

In minutes from its March quarterly meeting, the FPC said: “The private equity sector, which is closely related to private credit and leveraged lending, plays an important role ...

Get ready for 3pc interest rates, says KPMG

Business
Robert Johnson

KPMG expects the economy to recover from the recession only slowly, with growth of 0.3pc this year and 0.9pc the next. The ...

Treasury warned glut of debt risks market malfunction

Business
Robert Johnson

Responsibility for these funds is taken over by insurers once a fund reaches a stage known as “buyout”. However, different regulations in ...

Starship rival: Chinese scientists build prototype engine for nuclear-powered spaceship to Mars

Science
Dr. Thomas Hughes

When fully deployed in space, the 1.5 megawatt reactor – including its heat sink – could tower as high as a 20-storey ...

West Midlands to kick off DWP trailblazer trial of new simplified benefits system to help young people into work

Trending
Sophie Anderson

A pilot scheme to help young people living in supported accommodation into work and living more independently has been launched in the ...

UK economic growth, January 2024

Business
Robert Johnson

People walk along Waterloo Bridge past the City of London skyline, the capital’s financial district, on a sunny and mild day. Sopa ...

Inside the revolution at ‘incompetent’ Heathrow as Britain battles decline

Business
Robert Johnson

At the time, Khan was keen to make political hay at the expense of his Conservative predecessor, Boris Johnson.  The ruling was ...