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Crocs US sales tumble as shoppers choose trainers
Posted onAdam Hancock & Jennifer Meierhans Business reporters Getty Images Crocs’ share price plunged after the rubber clog-maker revealed a fall in US sales as shoppers chose to spend on trainers ahead of the World Cup and the Olympics. The footwear became a stay-at-home staple during the Covid pandemic and has remained relevant as celebrities embraced…
Swedish workers trial friendship hour to combat loneliness
Posted onMaddy SavageBusiness reporter, Kalmar, Sweden BBC Pharmacy worker Yasmine Lindberg admits that she had been struggling with loneliness Staff at a major Swedish pharmacy chain are being given paid time off to spend with friends, as Sweden’s government calls on businesses to help play a role in tackling loneliness. Yasmine Lindberg, 45, is one of…
Tynwald committee warns against systematic reliance on reserves
Posted onBBC A committee has made 11 recommendations after reviewing the role of the Treasury, reserves and the island’s structural deficit A Tynwald scrutiny committee has warned the Isle of Man’s government could face “significant repercussions” if it does not end its “systematic reliance” on financial reserves. The Economic Policy Review Committee (EPRC), led by three…
Decision to run Manchester to London ghost train uninformed, regulator admits
Posted onKaty AustinTransport correspondent Getty Images The rail regulator has admitted it “did not have all the facts” when it decided to not allow passengers on a peak-time train service between Manchester and London. The Office of Road and Rail (ORR) said it was missing “critical points” when it made a decision that would have turned…
Trump’s sweeping new tariffs take effect against dozens of countries
Posted onOsmond Chia Business reporter, BBC News Getty Images US President Donald Trump’s sweeping new tariffs on more than 90 countries around the world have come into effect. Moments before his deadline passed for countries to negotiate US trade deals, Trump posted on his Truth Social platform that billions of dollars were now flowing into his…
