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The one measure that can tell us a lot about the state of the UK economy
Faisal IslamEconomics editor Reuters Shoppers on Oxford Street during the Boxing Day sales A new year, a new beginning. The latest monthly figures on the economy hardly confirm a change of gear, but nor do they back up the worst doom-mongers claiming decline and recession. It is neither doom nor boom, but a new year…
Lamborghini swerves away from all-electric future
Theo LeggettInternational Business Correspondent Getty The boss of Lamborghini said enthusiasm for electric cars was declining The boss of Lamborghini has said its customers still want “the sound and the emotion” of internal combustion engines, and the company will use them in its cars for at least the next decade. Speaking to the BBC at…
Salary information to be shown on job ads under new laws
Employers will have to publish salary information in job adverts under government plans to rewrite anti-discrimination laws. Details of other job conditions could also have to be disclosed to candidates, under the draft proposals. Ministers argue greater transparency will help people navigate the jobs market and could prevent future pay discrimination claims. However, details of…
Ozempic-maker Novo Nordisk to cut 9,000 jobs
The maker of Wegovy and Ozempic, Novo Nordisk, has announced it will cut 9,000 jobs weeks after warning that profits will fall as more “knock-off” weight-loss drugs emerge. The redundancies make up 11% of the Danish company’s workforce and mark the first major step by new chief executive Mike Doustdar as Novo Nordisk faces mounting…
