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Nestle to axe 16,000 jobs as new boss pushes to cut costs
Food and beverage giant Nestle said it will cut 16,000 jobs over the next two years, as its new CEO Philipp Navratil pushes to focus on products with the “highest potential returns”. The Swiss company must “change faster” to keep pace with a changing world and adopt a “performance mindset” that does not accept losing…
Keyless car theft devices selling online for £20,000, BBC finds
Emma VardyBBC Breakfast business presenter A doorbell camera captured footage of a gang using an electronic device to steal a car Gadgets used by criminals to steal keyless cars without breaking in are being sold online for more than £20,000, the BBC has found. A new law is imminent on owning devices used in car…
Douglas library runs coffee mornings to tackle isolation
Weekly coffee mornings at a library in the Isle of Man capital aim to “get people in who feel a bit isolated,” a librarian has said. Douglas City Library, on Duke Street, is running Winter Warmer sessions to encourage people to be social. They are held each Friday between 09:00 GMT and midday. The move…
The Dutch village at risk of being demolished
The arguments playing out in Moerdijk echo wider dilemmas across the Netherlands. The country is densely populated, and has long struggled to balance competing demands on a finite area of land – housing, farming, nature, transport, industry, and now the infrastructure needed to support large-scale renewable energy projects.
There is some room for movement on tax, says Burnham
Andy Burnham, who is widely expected to take over as prime minister later this month, has said there is “some room” for movement on tax. In an interview with LBC, Burnham suggested business rates on warehouses could be increased to fund tax cuts for pubs and some high-street businesses. But the newly elected Makerfield MP…
‘Failings at every level’ led to botched insulation scheme
A botched net zero scheme which has caused damp issues in thousands of homes was the result of ”serious failings at every level”, a UK government official has said. Last month, the National Audit Office found that 98% of the 23,000 homes that had external wall insulation installed under two separate schemes will result in…
