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Sky News
Fund manager abrdn to axe hundreds of jobs in cost-cutting push
The British fund manager abrdn is preparing to cut hundreds of jobs in a cost-cutting drive aimed at boosting its flagging performance.Sky News has learnt that abrdn will announce proposals for a round of redundancies alongside a hastily scheduled trading update on Wednesday morning. It was unclear whether abrdn would give a precise figure for …
Business
Business Live
AD FEATURE: Greening the economy: unlocking Midlands jobs of the future
Last year saw rapid advancement in emerging technologies, such as GenAI and VR, with no signs of slowing down, writes Becky Clayton, ESG Deals Partner at PwC Midlands. PwC’s 27th annual CEO survey found that the UK is one of the leading countries in terms of GenAI implementation, presenting countless opportunities for the economy. If …
Business
Evening Standard
Government borrowing drops but debt remains at levels not seen since 1960s
Business
Sky News
Hunt’s hopes for budget tax cuts get a boost
Government borrowing came in sharply lower than expected last month, boosting the chancellor’s aim of pre-election giveaways in his March budget.Data from the Office for National Statistics (ONS) showed public sector net borrowing at £7.8bn in December. That was £8.4bn less than in the same month a year earlier and the lowest in any December …
Business
Sky News
Mr Kipling parent plans more price cuts after strong Christmas
Premier Foods, the company behind a host of brands including Ambrosia and Mr Kipling, says selected discounting helped drive strong Christmas sales growth and there are plans for more price cuts ahead.Premier, which also holds Bisto, Loyd Grossman and Oxo in its stable, said group sales in its third quarter were 14.4% up compared with …
Business
Sky News
Oil and gas vote is a political boost for PM – but won’t help our energy needs
The passing of the Offshore Petroleum Licensing Bill to its next stage is good news for Rishi Sunak. MPs gave the bill a second reading by 293 votes to 211 on Monday evening, with the government securing a majority of 82. The prime minister is a man, remember, who said he wants to “max out” drilling …
Business
Sky News
Millions to be cut off from gas and electricity this winter as energy bill debt continues to rise
Millions will be cut off from gas and electricity services this winter, as new research from Citizens Advice details the extent to which households are affected by the inability to afford prepayment power top-ups.The independent, state-funded advice service has said its advisers are helping more people than ever who cannot pay for energy. This winter …
Business
Euro News
This AI startup went from zero to $1 billion in two years
Business
Euro News
#careertok: Meet the content creators giving work advice on TikTok
Business
Business Weekly
Sano Genetics doubles scale-up funding haul with new $11.4m raise
Sano Genetics, a Cambridge-based software company accelerating precision medicine research, has raised $11.4 million in new funding led by Plural with participation from existing investors including MMC Ventures, Episode 1 and Seedcamp. Founded by Patrick Short (CEO), Charlotte Guzzo (COO) and William Jones (CTO), Sano Genetics is developing software to enable the precision medicine revolution. …
Business
Euro News
Israel Hamas war: Saudi Arabia presses for Palestinian state as Netanyahu rejects ceasefire
Business
Euro News
Parents: A guide to saving for your child’s financial future

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