Dyson to cut up to 1,000 jobs in the UK as firm looks to cut costs July 9, 2024 "We have grown quickly and, like all companies, we review our global structures from time to time to ensure we are prepared for the future. As such, we are proposing changes to our organisation, which may result in redundancies,” chief executive Hanno Kirner said.
Goldman Sachs: Tony Blair is wrong on AI – it’s not going to save the UK economy July 9, 2024 Goldman Sachs, once a strong backer of artificial intelligence (AI), has hit back against the technology championed by the market and many in government, instead stating that AI is not expected to provide meaningful productivity boosts to the economy.
Lovehoney profit slashed in half as Brits cut back on adult toys July 9, 2024 Adult retailer Lovehoney has seen its profit slashed in half as cash-strapped customers bought fewer sex toys, newly filed documents have shown.
Barratt becomes one of the most hated shares in the UK despite Labour bounce July 9, 2024 Barratt is due to make a trading announcement tomorrow. Analysts expect operating profit to more than halve from £863m to £357m for the year, thanks to higher interest rates and inflationary pressures.
Mulberry makes surprise chief executive change amid luxury spending struggles July 9, 2024 The luxury brand has suffered this year as wealthy shoppers continued to slow their spending.
Lloyd’s of London insurers Beazley, Hiscox and Lancashire are takeover targets, analysts say July 9, 2024 Lloyd's of London insurers are expected to be the subject of takeover interest, analysts have said, following news that foreign rivals are circling London-listed Hiscox.
Amazon workers begin vote on historic union ballot July 9, 2024 More than 3,000 staff at Amazon's Coventry site are taking part in the vote, which will last until July 13. The result is expected two days later.
Reeves will be more hands on with the economy than the last Chancellor July 9, 2024 Reeves's endorsement for adopting an industrial strategy is a radical break from the past, Chris Dorrell writes
Indivior shares plunge after US move and profit warning July 9, 2024 Indivior lowered its annual adjusted operating profit forecast and shares in the company plunged.
John Deere’s UK profit triples as sales soar by almost £100m July 9, 2024 The UK arm of John Deere tractors has almost tripled its profit as demand soared for its iconic green farm machinery, according to newly-filed documents.
