Aston Martin to cut jobs and axe 20% of workforce as net losses rise

So why has the Bank of England cut rates when inflation is well above its target of 2% and seems set to remain there? This vexed question is why the proceedings of the Bank’s nine member Monetary Policy Committee were so close and even involved an unprecedented second vote. The bottom line is that in…

Unlock the White House Watch newsletter for free Your guide to what Trump’s second term means for Washington, business and the world It has taken the fatal shootings of two US citizens, but something has shifted in America. The violence by Immigration and Customs Enforcement agents in Minneapolis, and above all the killings of the…

The war in the Middle East is less than a month old, but its impact is already being felt widely. In the UK on Thursday, the Bank of England held interest rates at 3.75% on Thursday – after an earlier expectation they could be cut – with a warning that inflation could tick up. Ahead…

Starbucks will cut about 900 jobs and close its worst performing stores in the US as well as some in the UK as part of a cost-saving restructure, the coffee chain said. Most of the stores earmarked for closure are in North America and its chief executive said the revamp would reduce wait times and…