American Express to cut 3,500 jobs as quarterly costs rise 9 per cent
American Express job cuts will remove about 3,500 roles worldwide, with the company yet to say whether any of its 1,500 London staff are affected.
Wednesday 28 October 2026
The latest news affecting small and medium sized (SME) businesses in the UK
American Express job cuts will remove about 3,500 roles worldwide, with the company yet to say whether any of its 1,500 London staff are affected.
Retailers report higher sales of tinned food, radios, torches and power banks after the Be Ready campaign urged households to keep three days of supplies.
A Poundland insolvency is increasingly likely after owner Gordon Brothers turned against a solvent offer from Martin Property Group for the chain.
A record 738,144 UK businesses were in significant financial distress in the third quarter, BTG research shows, as small firms await tomorrow's Budget.
Marks & Spencer is lowering British meat prices by up to 26 per cent on selected beef, lamb and pork lines, and says farmers will be…
The Prime Minister says John Healey will set out how defence spending reaches 3 per cent of GDP by 2030 and 3.5 per cent by 2035…
John Healey will set out an AI investment package in Wednesday's Budget, with funding for biosecurity, cyber defence, chip design and UK AI firms.
The prime minister has stepped aside from the ZEV mandate decision because of his wife's EV charging links, as ministers split on cutting the 2030 target.
Ministers pause a Companies House filing rule that would have made two million small companies submit full profit and loss accounts from April 2028.
Alex Depledge, the Treasury's entrepreneurship adviser, is stepping down this week and says ministers treat founders and innovation as a sideshow.
HMRC tax debt that the tax authority does not expect to collect has trebled to £12.9bn since 2019-20, according to a National Audit Office report.
The OpenAI valuation sought from investors has been cut by $150bn to $1.25tn after pushback, as concern grows over the cost of sustaining the AI boom.
Retail sales fell 0.4 per cent in September as households cut back on food and warm weather hit winter clothing, ONS figures show, days before the…
