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Leon to close stores and cut jobs in restructure
Posted onLeon has announced it will close several of its restaurants and cut jobs as part of a major restructure of the High Street food chain. The company has appointed Quantuma as administrators after Leon’s original co-founder John Vincent reacquired the company last month from Asda. The move places the future of the worst performing of…
US adds more jobs than expected in September
Posted onNatalie ShermanBusiness reporter Getty Images The first official data in weeks on the US job market is out, and it showed a surprising pick-up in hiring after a lacklustre summer. Employers added 119,000 jobs in September, more than double what many analysts had expected, but the unemployment rate ticked up from 4.3% to 4.4%, the…
US judge blocks detention of British social media campaigner
Posted onA US judge has temporarily stopped the Trump administration from detaining British activist Imran Ahmed after he sued officials over an entry ban for alleged online censorship. The founder of the Center for Countering Digital Hate is among five people denied US visas after the state department accused them of seeking to “coerce” tech platforms…
Donald Trumps Russian oil waiver offers little relief for India
Posted onUnlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world A US waiver allowing India to buy Russian oil that is already at sea will bring immediate but very limited relief to Indian refiners facing a supply shock in the Middle East, which…
Trump administration to roll back fuel economy rules set under Biden
Posted onNatalie ShermanBusiness reporter Getty Images The US is set to loosen its fuel economy rules, reversing another Biden-era policy that had been expected to lead to increased take-up of electric cars. US President Donald Trump announced the proposal at the White House, where officials said the prior standards were not realistically achievable and were driving…
