
Meta preparing major layoffs as AI spending accelerates
Meta is reportedly planning sweeping layoffs that could affect up to 20% of its workforce as the tech giant ramps up AI investment and pursues greater…
Amy Ingham is a reporter at Business Matters, covering UK business news with a focus on breaking news, business policy, late payments and insolvency. She joined the magazine in 2026 after completing the NCTJ Diploma in Journalism at Harlow College's journalism school. Her recent reporting includes British Steel's nationalisation and its impact on SME suppliers, the decline in late payments by large firms, and Insolvency Service director disqualifications. Reach her at aingham@cbmeg.co.uk.

Meta is reportedly planning sweeping layoffs that could affect up to 20% of its workforce as the tech giant ramps up AI investment and pursues greater…

Companies House has suspended its WebFiling service after a security flaw exposed sensitive company data including directors’ addresses and dates of birth.

Just Eat Takeaway.com is introducing plastic-free takeaway boxes across 10 European markets using Xampla’s Morro™ plant-protein coating, offering a recyclable alternative to traditional plastic-lined food packaging.

UK GDP showed zero growth in January, raising fears that rising oil prices and the Iran conflict could slow growth further and push inflation higher in…

John Lewis staff will receive a 2% bonus for the first time in four years after the retailer reported rising sales and profits despite ongoing economic…

Revolut has launched its UK bank after receiving PRA approval, enabling FSCS-protected accounts and paving the way for lending products for its 13 million UK customers.

US startup Anchr raises $5.8 million to build an AI-native operating system for food distributors, aiming to automate purchasing, inventory, sales and finance across the food…

The number of companies paying ransomware demands rose sharply in 2025 as hackers used AI to launch more sophisticated cyberattacks, with payments averaging $296,000.

Royal Mail could deliver 219 million letters late this year as service targets are missed despite stamp price rises and parliamentary scrutiny over delivery performance.

Markets now expect the Bank of England to raise interest rates after oil prices surged near $120 following the Middle East conflict, pushing UK inflation forecasts…

Mega has raised $11.5 million in Series A funding to scale its AI-powered marketing platform that replaces traditional agencies with automated growth tools for SMBs.

University of Edinburgh spin-out BIOCAPTIVA secures £1.58m funding and launches its msX liquid biopsy technology in the US to improve cancer diagnostics and research.

More than 100 Net-a-Porter warehouse workers in London are voting on strike action after the luxury retailer was accused of breaking a pledge to pay the…

Fish and chip shops across the UK could face rising energy and transport costs as oil prices surge amid the Iran conflict, putting further pressure on…

The Government has launched voluntary gender pay gap and menopause action plans for large employers, aiming to help women thrive at work and narrow workplace inequality.