Harbour Energy, the largest oil and gas producer in the North Sea, has announced plans to cut 250 onshore jobs, representing up to a quarter of its North Sea workforce.
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The number of working days lost due to respiratory illness has soared by nearly ten million since the pandemic, causing significant concern among employers and health authorities. According to data
Recent analysis sheds light on a growing concern in the UK regarding young people aged between 16 and 24 who find themselves neither working nor engaging in education. This demographic,
British Steel has announced the potential closure of its two blast furnaces at the Scunthorpe site, a move that could result in the loss of up to 2700 jobs. The
The German luxury carmaker Porsche has announced plans to reduce its workforce by nearly 10 per cent in response to challenging market conditions and ongoing tariff uncertainties. The company, which
Over 300,000 small businesses in the UK are planning to lay off workers following the sharp increases in employer national insurance contributions and the minimum wage announced in Rachel Reeves’
Ocado Group has announced plans to cut more than 500 research and development positions globally as the company pivots towards artificial intelligence solutions amid mounting financial pressures. The FTSE 250
HSBC, Britain’s largest bank, has unveiled an ambitious cost-cutting programme that will reduce its workforce costs by 8 per cent, targeting savings of $1.5 billion. The bank’s new chief executive,
British employers are preparing to implement the most significant wave of redundancies in a decade as business confidence deteriorates amid looming tax increases scheduled for April, following Rachel Reeves’ autumn
At least half of WH Smith’s high street stores may face closure under new ownership, creating the possibility of widespread job losses at the long-standing retailer. Industry experts suggest that
The US economy demonstrated remarkable resilience in December, generating 256,000 jobs and catching market observers off guard. This substantial employment creation triggered an immediate spike in US government debt yields,
Lloyds Banking Group has unveiled plans to permit customers of Halifax, Lloyds and Bank of Scotland to utilise branches across all three brands, igniting concerns about potential widespread closures and
British firms cut jobs at the sharpest pace in four years during December, following the Chancellor’s budget measures that increased employment costs and dampened business confidence. The rate of job