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UPS to cut 30,000 jobs as it moves away from Amazon
Parcel 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…
Stamp duty: Five ways abolishing the tax could change the housing market
Kevin PeacheyCost of living correspondent Getty Images The debate around stamp duty is intensifying. When Kemi Badenoch said a future Conservative government would abolish it on the purchase of main homes, it went down well at the Tory Party conference. There has also been speculation that the Chancellor, Rachel Reeves, is considering replacing it. Scrapping…
Imgur blocks access to UK users after proposed regulatory fine
Image-hosting platform Imgur has blocked people in the UK from accessing its content. Imgur is used by millions to make and share images such as memes across the web, particularly on Reddit and in online forums. But UK users trying to access Imgur on Tuesday were met with an error message saying “content not available…
Our biggest competition is screens at home, says theme park boss
Sean FarringtonBusiness presenter and Michael Sheils McNameeBusiness reporter Getty Images The head of global theme park giant Merlin Entertainments says its “biggest competition” is people choosing to stay at home on their phones and other devices. Fiona Eastwood says a day out at one of its UK attractions – which include Legoland, Thorpe Park and…
