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UPS to cut 30,000 jobs as it moves away from Amazon
Posted onParcel delivery giant UPS says it will cut up to 30,000 jobs this year as it further reduces shipments for its biggest customer, Amazon. The world’s largest package delivery company has been scaling back deliveries for the online retail giant, which it says are “extraordinarily dilutive” to its profit margins. UPS says the job cuts…
Almost half of households do not see benefits of economic growth, report says
Posted onAlmost half of people in Britain live in areas where economic growth does not translate into a better quality of life with a “stark” North-South divide in the spending power of households, a new report finds. Researchers at consultancy PwC said every region in the north of England, Midlands and Wales had lower spending power…
UK economy grew slightly in August ahead of key Budget
Posted onNick Edserbusiness reporter Getty Images The UK economy grew slightly in August, official figures show, as focus intensifies on what measures the government might unveil in next month’s Budget. An increase in manufacturing output helped the economy expand by 0.1%, the Office for National Statistics (ONS) said, but the figure for July was revised down…
Six of Sarah Fergusons companies are being dissolved
Posted onFerguson is listed as an active director for three other businesses registered with Companies House: Ginger and Moss, set up as a lifestyle brand to sell tea, jewellery and housewares, a “motion picture production activities” business called Coat, and Librasol, classified under “artistic creation” on the official register for private companies.
Why Croatias capital wants to hold the best Christmas market
Posted onGuy Delauney Balkans correspondent AFP via Getty Images Zagreb’s Christmas market was voted the best in Europe three years in a row Christmas markets are not just tradition across Europe, they are big businesses that give cities a huge economic boost every December. For Zagreb, the capital of Croatia, it is an effective way of…
AI challenges the dominance of Google search
Posted onSuzanne BearneTechnology Reporter Anja-Sara Lahady AI has become an assistant for Anja-Sara Lahady Like most people, when Anja-Sara Lahady used to check or research anything online, she would always turn to Google. But since the rise of AI, the lawyer and legal technology consultant says her preferences have changed – she now turns to large…
