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News from the business world comes from all the financial institutions and business Hubs from around the world. We scoured the globe to bring you the top business news today.
The Financial Times – Meta hand record 1.2 bn euros European fine over transatlantic data transfers Summary of the front page The Financial Times leads…
CITY AM – Profit tax hike to hit investment Jeremy Hunt and Rishi Sunak’s profit tax rise to hit investment, survey finds CITY AM SAYS…
Financial Times – China slaps ban on US chipmaker after G7 rebuke ramps up tensions Summary of the front page The Financial Times says China…
Financial Times – BT plans to cull 55,000 jobs this decade in most radical cuts since privatisation Summary of the front page The FT says…
Britons richest under 35s include Adele and Harry Styles Adele, Harry Styles and Ed Sheeran have topped the UK’s wealthiest under 35s, according to the…
Financial Times – German carmakers press for delay in Brexit rules on tariff-free access to UK Summary of the front page The Financial Times splashes…
BT to cut 55,000 jobs with a fifth replaced with AI BT has announced plans to cut up to 55,000 jobs globally, including in the…
Rishi Sunak talking to EU over threat to UK electric cars Prime Minister Rishi Sunak is talking to the EU regarding a Brexit rule change…
Financial Times -ChatGPT chief sees AI manipulation of US elections as ‘significant’ concern Summary of the front page The Financial Times leads with concerns that…
Eleven million Britons struggling to pay bills Nearly 11 million adults in the UK are struggling to pay bills and debts, according to new figures…
CITY AM – Greedflation row heats up CITYAM SAYS “Greedflation” is not to blame for prices surging in the UK and instead businesses are pushing…
Financial Times – Erdogan on course to retain power as Turkey election heads for run-off Summary of the front page Turkey’s elections are likely to…
Vodafone to cut 11,000 jobs as CEO aims to simplify company Vodafone has announced its plans to cut 11,000 jobs – around 10% of its…
Elon Musk documents subpoenaed in Jeffrey Epstein lawsuit Billionaire Elon Musk has been subpoenaed by the US Virgin Islands in a lawsuit against JP Morgan…
Vice and Motherboard owner files for bankruptcy Vice Media Group, the company behind Vice and Motherboard websites, has filed for bankruptcy in the US and…
Financial Times – BoE lifts rate and warns inflation target will not be reached until 2025 Summary of the front page The Financial Times leads…
Weak UK economy in Q1, contracts in March due to strikes The UK economy experienced weak growth in the first quarter of the year, with…
Elon Musk announces new CEO for Twitter | Tesla shares rise Billionaire Elon Musk has revealed that he has found a new chief executive to…
Financial Times – Sunak ready to curb students’ family visas as net flows grow Summary of the front page The Financial Times leads on its…
Financial Times – Blood scandal compensation scheme expected to cost taxpayer up to £10bn Summary of the front page The Financial Times leads with the…
Wembley where local property prices are one-third cheaper than the Greater London average.
The most important election of 2023: If Turkey sacks its strongman, democrats everywhere should take heart THE ECONOMIST SAYS Beneath the Topkapi Palace in Istanbul,…
CITY AM – Bring me sunshine Bring me sunshine! Retailers hit by grim April weather as economy held back by the rain CITY AM SAYS…
Financial Times – Water company dividends double to £1.4bn despite sewage outflows anger Summary of the front page Dividends paid by privatised water and sewage…
Kids missing out as attractions get pricier according to charity Go Beyond Rising ticket prices for popular UK attractions are putting young people at risk…
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