Latest Stories All Stories

Business
Sky News
Facebook and Instagram owner Meta to lay off more than 11,000 staff
Meta, the owner of Facebook and Instagram, has become the latest big tech player to wield the axe in the tougher global economy, laying off 13% of its workforce.The firm announced on Wednesday it will cut its global headcount by more than 11,000 employees as part of a wider shake-up of the business that aims …
Business
Evening Standard
Wetherspoon sees sales come under pressure
JD Wetherspoon has revealed slowing sales and said it is facing “substantially higher” costs across the group.The pub chain saw like-for-like sales drop 1.1% in the five weeks to November 6 when compared with pre-pandemic trading in 2019, having risen by 1.5% in the previous nine weeks.Compared with a year ago, sales rose 10.1% in …
Business
Evening Standard
Thousands of operations will be cancelled if nurse strike goes ahead
Thousands of NHS operations and appointments are likely to be cancelled if nurses go on strike across the UK.The health service will turn its attention to treating emergency patients in a “life-preserving care model” if nurses take to the picket lines.The Royal College of Nursing (RCN) has already said it is committed to ensuring emergency …
Business
Business Live
SPONSORED: Get your 2022 Western Morning News Business Awards tickets
The WMN Business Awards will be happening in just a few weeks – so if you haven’t got your tickets yet, now’s your chance. The awards, with headline sponsor South West Water, will be held on Wednesday November 30 at Sandy Park Stadium. Tickets can be purchased via the official website – tickets are £80+VAT. …
Business
Business Live
Big Interview: The computer gamer taking on big hardware giants with his designer tech
A computer gamer who came up with a novel piece of player hardware while recovering from a horror bike crash says he can’t keep up with demand. Steven McKerrow said next year he wants to attract up to £1 million of equity investment for his business which makes bespoke gaming mice that “look better, feel …
Business
Evening Standard
Marks & Spencer warns of tougher trading ahead as half-year profits dive
High street giant Marks & Spencer warned of tougher trading ahead as it revealed that its half-year profits tumbled by nearly a quarter after soaring costs offset resilient sales growth.The retailer reported a 23.7% fall in underlying pre-tax profits to £205.5 million in the six months to October 1 as it saw double-digit inflation in …
Business
Evening Standard
Hundreds of jobs at risk as Made.com enters administration
Next has bought the brand of furniture seller Made.com after the business filed for administration on Tuesday.Made, which employs around 600 people, said it will sell its brand, websites and intellectual property to the clothes retailer.It is a sharp downturn for the company, which launched on the London Stock Exchange less than two years ago …
Business
Sky News
Made.com collapses with loss of all 573 jobs leaving thousands of orders in doubt
Made.com has entered administration with the loss of all 573 jobs in the business, leaving thousands of customer orders hanging in the balance.There was initially no news on how many, if any, workers would be saved when it was confirmed that the online furniture retailer’s operating subsidiary had officially collapsed and that rival Next had …
Business
Sky News
M&S warns of ‘gathering storm’ ahead as surging costs knock profits
Marks and Spencer (M&S) has reported a big dip in profits and warned of a “gathering storm” ahead from rising costs and squeezed consumer budgets.The chain reported profit before tax and adjusting items of £205.5m for the six months to 1 October. That was 24% down on the same period last year despite an 8.5% …
Business
Sky News
Elon Musk sells almost $4bn more of Tesla shares after Twitter takeover
Elon Musk has sold Tesla stock worth almost $4bn (£3.46bn) after completing his takeover of Twitter.The founder and chief executive of the electric vehicle maker unloaded 19.5 million shares between Friday and Tuesday, according to filings published by the US Securities and Exchange Commission. The purpose of the sale was not disclosed but leave Musk’s …
Press Release
Pressat
URBAN VR THEME PARK EYES NATIONAL EXPANSION WITH CROWDFUNDING CAMPAIGN
A warehouse scale social free roam VR provider is looking to raise £600,000 to support its plans for growth across the UK. meetspaceVR, who recently launched new venues in Thatcham (nr Reading) and Manchester, have currently raised £671,888 from 167 investors on Seedrs. The business was founded in 2018 and has gone on to introduce …
Press Release
Pressat
An alternative family Christmas event at Butser Ancient Farm!
Butser’s magical experimental archaeology site is opening to the public this winter, honouring nature and introducing a festive twist in their new family trail Butser Ancient Farm is opening to the public this Christmas and inviting families to slow down, reconnect with nature and explore the ancient folklore of winter. As an alternative to the …

BusinessAT

Bringing you the latest stories from around the world

Editorial: [email protected]

Social Media:

General

Resources