Just Eat has been forced to slash 1,700 delivery driver jobs and 170 head office roles, after the service has seen a slow down in takeaway demand.
Category: News
The latest news affecting small and medium sized (SME) businesses in the UK
RMT votes to accept Network Rail pay offer
Thousands of rail workers including signalling staff voted by three to one in favour to accept the offer, a 9% pay increase over two years, in a referendum that closed on Monday.
Derby to be named new HQ of Britain’s rail network this week
Derby is to be named the new headquarters of Britain’s rail network by ministers this week.
Energy subsidies lift UK borrowing to February high
Public borrowing in February rose to a high for the month as the government paid out significant subsidies to cap energy bills for households and businesses, official figures show.
Amazon announces another 9,000 job cuts over fears for the economy
Amazon is to cut a further 9,000 jobs over the coming weeks in a fresh round of lay-offs designed to make the company “leaner” in the face of mounting economic concerns.
Stagnant wages since 2008 financial crash means workers £11,000 worse off
Workers are £11,000 worse off per year due to 15 years of wage stagnation, according to the Resolution Foundation.
Brits now more concerned about state of UK economy than before budget, polling finds
More than a third of Brits surveyed say the budget last week made them more concerned about the state of the UK’s economy.
UK steel industry in crisis after lack of support in budget, union warns PM
The government’s failure to support the ailing UK steel industry in last week’s budget has put thousands of jobs at risk, the prime minister has been told.
Housing market stabilising after turbulence of Truss and Covid
The average price of a property coming on to the market rose by £2,906 in March, as stability and confidence returned to the housing sector after the chaos unleashed by the mini-budget, new research has found.
Newcleo to raise £900m to build fleet of small nuclear reactors in UK
A British-based nuclear company backed by Italy’s Agnelli family plans to raise nearly £900 million to advance a plan to build a fleet of small nuclear reactors in Britain.
Credit Suisse rescued in emergency £2.7bn deal
The Bank of England insisted that Britain’s banking system was “safe and sound” last night after regulators orchestrated a rescue of Credit Suisse in an effort to calm panicked markets.
OECD says UK will be only big, rich economy to shrink this year
The UK is still on course to be the only big wealthy economy to register negative growth this year, despite an upturn in growth prospects, according to new international forecasts.
Passport delay warning as five-week strike called
More than 1,000 Passport Office workers will go on strike for five weeks over a dispute about jobs, pay and conditions, unions say.
Ann Summers boss Jacqueline Gold dies aged 62
Jacqueline Gold, the boss of the lingerie and sex toys chain Ann Summers, has died aged 62.
Gold price rallies as safe haven asset is boosted by US banking fallout
Gold prices continue to rise as investors look for safe haven assets amid fears of further market volatility following Silicon Valley Bank’s collapse and the Swiss government’s emergency loan for Credit Suisse.
