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Chocolatiers blame cafe closure on rising costs of ingredients
Posted onThe owners of an award-winning artisan chocolate business say increased prices and staffing costs have forced them to close their cafe. Holly and Sam Garner said Hollychocs, in Devizes, Wiltshire, will shut the Beanery Cafe in August after two years of business. “Every time we buy ingredients or packaging, the costs go up and on…
Ozempic-maker Novo Nordisk to cut 9,000 jobs
Posted onThe 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…
Cambridge shelter resident says Budget must focus on housing
Posted onA man experiencing homelessness said he hoped the government would focus on increasing accessibility to housing in its upcoming Budget. Josh, 26, who is currently a resident at the night shelter Jimmy’s in Cambridge, said the availability of council housing and “move-on housing” – shared accommodation where people can receive support – was important. Chancellor…
Pensioners in Gloucestershire fear rising food costs
Posted onDaisy BodkinGloucestershire BBC Ms George says she shops around to find bargains Valerie George, 78, says she can no longer afford the food she used to buy due to the rising prices. Ms George who lives in Abbeydale, Gloucester says she does not buy as much meat any more because she “just can’t afford it”…
Trump faces extraordinary moment in spat with Fed chair Powell
Posted onFaisal IslamEconomics editor Reuters It is extraordinary enough to see the world’s top central banker make an unscheduled video statement on social media. My first thought upon seeing the post from the Federal Reserve chair Jerome Powell was: “Is this an AI deepfake?” That sense did not go away as I listened to what were…
