Author name: Rachel Thomas

Chancellor Rachel Reeves has refused to rule out compelling UK pension funds to invest in domestic assets, escalating tensions with the pensions industry just hours after the announcement of the new £50 billion Mansion House accord. The government had celebrated a voluntary commitment by 17 of the UK’s leading defined contribution pension providers to invest

Microsoft is laying off approximately 6,000 employees worldwide — nearly 3% of its global workforce — in its largest round of job cuts since early 2023. The move comes as the $3.3 trillion tech giant seeks to manage the growing financial pressure from its aggressive investment in artificial intelligence infrastructure, despite delivering strong quarterly results

Vinted, the digital marketplace for second-hand fashion, has reported a dramatic surge in profits as demand for resale platforms continues to grow. The Lithuanian-headquartered company posted a profit before tax of €95.4 million (£80.3 million) for 2024 — nearly triple its €33.4 million profit the year before. The resale giant also saw revenue climb by

A new YouGov poll reveals that 50% of UK adults now recognise the official Made in Britain trademark — a significant milestone for the not-for-profit trade body that champions British manufacturing. The findings come amid growing calls for a national ‘Buy British’ campaign to support domestic industry, with 44% of those surveyed saying they would

A major new employment initiative backed by £10 million in government funding has officially launched in York and North Yorkshire, aiming to help thousands of people with health conditions return to or remain in work. The programme is part of the government’s Get Britain Working Inactivity Trailblazer scheme and sees York and North Yorkshire Combined