Business

Advocates press UK councils to adopt four-day work week

Advocates press UK councils to adopt four-day work week

Dozens of Councils Consider Four-Day Week After Local Authority Makes Permanent Shift Several councils are being urged to adopt a four-day workweek after a local authority became the first in Britain to permanently approve the change. This decision follows similar moves by over 200 private-sector businesses, where employees kept their

"IMF warns Reeves may miss fiscal goals, suggests tax hikes"

"IMF warns Reeves may miss fiscal goals, suggests tax hikes"

IMF Warns UK Over Fiscal Risks as Pressure Mounts on Chancellor The International Monetary Fund has cautioned that the UK government could struggle to meet its deficit reduction targets unless Rachel Reeves adjusts fiscal plans to allow more flexibility, either through tax changes or spending measures. In its final annual

"RFK Jr pushes to ban artificial dyes in food—will Americans embrace the change?"

"RFK Jr pushes to ban artificial dyes in food—will Americans embrace the change?"

The Make America Healthy Again (Maha) initiative marked a victory this month as the U.S. dairy sector committed to eliminating artificial food dyes from ice cream by 2028. Earlier this year, Health Secretary Robert F. Kennedy Jr. urged food producers to stop using synthetic color additives, prompting several major

"Volkswagen faces €1.3bn loss due to Trump tariff expenses"

"Volkswagen faces €1.3bn loss due to Trump tariff expenses"

Volkswagen Reports €1.3bn Loss Due to US Import Tariffs The German automaker Volkswagen has stated that import tariffs imposed by Donald Trump’s administration cost it €1.3bn (£1.13bn) in the first half of the year. The company, which is reviewing plans to reduce its workforce by 35,

"Rachel Reeves weighs overturning supreme court on £44bn car finance scandal"

"Rachel Reeves weighs overturning supreme court on £44bn car finance scandal"

The chancellor, Rachel Reeves, is reportedly exploring options to mitigate potential losses for major UK lenders by considering a legislative override of the supreme court’s decision, should it uphold a ruling that could expose banks to billions in compensation claims, according to sources familiar with the matter. The debate

"UK businesses reduce workforce at fastest rate since February amid economic downturn"

"UK businesses reduce workforce at fastest rate since February amid economic downturn"

UK firms are reducing their workforce at the quickest rate since February due to increased taxes and global instability linked to trade tensions, a key private sector survey reveals. The preliminary S&P Global Purchasing Managers’ Index (PMI) for July indicated a drop in new orders, leading to job

"ECB holds interest rates steady despite weak economic growth"

"ECB holds interest rates steady despite weak economic growth"

The European Central Bank left interest rates unchanged during its July meeting, as data indicated the eurozone economy continued to expand at a slow rate. The Frankfurt-based institution, in a move widely anticipated as a temporary stop before potential reductions later this year, opted against lowering borrowing costs, keeping the