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Aston Martin announces nearly 300 job cuts

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Aston Martin plans to cut nearly 300 staff as it rebalances and restructures its business - in an effort streamline activities. The Warwickshire-based luxury brand...
Treasury

Treasury scraps ‘reverse burden of proof’ rule for bankers

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The UK government has suspended the 'reverse burden of proof' rule for senior managers at banks. The rule, which many considered a bit excessive, would...
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UK banks need £3.3 billion extra capital for ringfencing, BoE warns

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The Bank of England warned on Thursday that new ringfencing laws in the UK, set to separate high street banking from riskier investment banking...
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Frozen methane bubbling up in warmer oceans, study found

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Subsurface sea warming is thawing frozen methane, which is finding its way to the surface and into our atmosphere, researchers from the University of...
ONS

Cyber crime and fraud push up British overall crime figures

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Overall crime in the UK has increased dramatically compared to recent years, when cyber crime and fraud are added to traditional crime figures, the...
Retail -

Sainsbury’s is closing its mobile phone service

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Sainsbury’s will be closing its mobile phone service on 15 January after operating for only two years. The retailer’s mobile service "Mobile by Sainsbury's" is...
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easyJet to recruit 1,140 crew over next year

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The UK’s largest airline by number of passengers carried, easyJet, says it plans to recruit 1,140 pilots and cabin crew over the next twelve...
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Twitter hires Omid Kordestani as new executive chairman

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Twitter has just hired Omid Kordestani, a senior Google executive, to be the company’s new executive chairman. The move comes at a time when Twitter...
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Lloyds Banking Group chairman favours Brexit, unless EU reforms occur

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There is ‘no compelling economic argument’ for staying within the European Union, said Norman Blackwell (Baron Blackwell or Lord Blackwell), chairman of Lloyds Banking...
Climate Central

Hundreds of US towns will be under water, says new study

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According to a Climate Central-led study, historic carbon emissions have already locked in enough future rises in sea levels to put several hundred American...