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US job creation in 2025 slows to weakest since Covid
Posted onThe number of jobs created in the US grew only modestly in December, as a weak year for the employment market in the world’s largest economy drew to a close. Employers added 50,000 jobs in the final month of 2025, according to Labor Department data, which was fewer than expected. But the unemployment rate dipped…
Trump’s global tariffs ‘victory’ may come at a high price
Posted onBBC In April Donald Trump stunned the world by announcing sweeping new import tariffs – only to put most on hold amid the resulting global financial panic. Four months later, the US president is touting what he claims are a series of victories, having unveiled a handful of deals with trading partners and unilaterally imposed…
Virgin Media fined £24m for leaving vulnerable customers at risk of harm
Posted onArchie MitchellBusiness reporter Getty Images Virgin Media has been fined £23.8m for leaving thousands of customers without access to lifesaving telecare alarms during the digital switchover. Communications watchdog Ofcom fined the telecoms giant after ruling it failed to protect vulnerable users of the devices, typically elderly and disabled people, during the transition from analogue to…
GSK boss says US is the best country to invest in
Posted onSimon Jack,Business editorand Archie Mitchell Watch: GSK boss Dame Emma Walmsley lays out competitions facing the UK The US is the best place for a business to invest, the boss of one of the UK’s biggest pharmaceutical companies has said. Dame Emma Walmsley, chief executive of vaccines and medicines giant GSK, said it will invest…
Amazons Ring ends deal with surveillance firm Flock after backlash
Posted onThe Electronic Frontier Foundation, a non-profit that promotes people’s rights on the internet, said the ad used something “heartfelt” as a disguise for a feature that previewed “a world where biometric identification could be unleashed from consumer devices to identify, track, and locate anything — human, pet, and otherwise”.
Murdochs reach deal in succession battle
Posted onA years-long succession battle within Rupert Murdoch’s conservative media empire has drawn to a close, with his son Lachlan set to control the news group. The deal, which the family announced on Monday, will ensure the ongoing conservative leaning of Fox News, The Wall Street Journal and The New York Post even after 94-year-old Rupert’s…
