Trending

The stories driving the news cycle this week. A rolling selection of the most-read pieces across business, politics, technology and culture.

Deliveroo slashes workforce and UK worst hit
Industry9 February 2023

Deliveroo slashes workforce and UK worst hit

​Deliveroo, a platform for ordering food online, has stated it will eliminate nearly 350 positions, or 9% of its global staff. Deliveroo's founder and CEO Will Shu informed staff that roles across the company will be affected, however it is believed ...

New bidder hopes to electrify Britishvolt
Business7 February 2023

New bidder hopes to electrify Britishvolt

Administrators have selected an Australian competitor battery company as their top offer for the insolvent Britishvolt. Administrator EY announced on Monday that Recharge Industries, which is backed by US investment company Scale Facilitation Partner...

Elon Musk found not guilty of deceiving investors
Business6 February 2023

Elon Musk found not guilty of deceiving investors

Tesla and SpaceX founder Elon Musk has been exonerated of misleading investors in a 2018 tweet. A jury concluded that Elon Musk did not deceive his investors when he tweeted in 2018 that he had the money to take Tesla private. Due to the SpaceX owner...

Tory MPs demand tax cuts in upcoming Budget
Trending1 February 2023

Tory MPs demand tax cuts in upcoming Budget

​Prior to his Budget in six weeks, chancellor Jeremy Hunt has been the target of a double attack from Tory MPs on tax cuts and fuel duty. The Tory backbench 1922 Committee faced the chancellor on the same day as a bleak economic outlook increased pre...

Support for unions rises despite widespread strikes
Industry31 January 2023

Support for unions rises despite widespread strikes

Despite the fact that strike action is paralysing public services, support for trade unions is increasing. Since the 1980s, there have been increasing conflicts in the workplace, and last year, strikes cost the nation more than a million working days...

Airline Flybe collapses with hundreds of jobs lost
Industry30 January 2023

Airline Flybe collapses with hundreds of jobs lost

​Cut-price airline Flybe has collapsed. All of its scheduled flights have been cancelled, the company has ceased operations, and hundreds of jobs have been lost. Less than a year after returning to the sky after a prior collapse, the airline has ente...

UK: Amazon workers go on strike for first time
Business25 January 2023

UK: Amazon workers go on strike for first time

Amazon employees have started the UK's first-ever strike to protest against what they contend is the online retailer's terrible pay and conditions. According to the GMB union, over 300 employees at Amazon's warehouse in Coventry went on strike in pro...

A round-up of crypto failures
Technology23 January 2023

A round-up of crypto failures

The lending division of the American cryptocurrency startup Genesis filed for bankruptcy protection ​last week​, becoming the newest business to fail as a result of a market crash that reduced the value of crypto tokens by almost $1.3 trillion l...

Climate crisis is 'slipping down agenda'
Trending21 January 2023

Climate crisis is 'slipping down agenda'

​​According to the chairman of a global energy watchdog climate change is slipping down the international agenda, increasing the risk that nations will decrease their pace in lowering greenhouse gas emissions. Fatih Birol, executive director of the I...

Software giant Microsoft to axe thousands of jobs
Technology18 January 2023

Software giant Microsoft to axe thousands of jobs

One of the largest tech firms in the world, Microsoft, is getting ready to lay off thousands of employees as a result of the weakening global economy. According to technology press reports, the US software giant may soon reveal intentions to delete a...

US interest rates rise to their highest level since 2007
Trending15 December 2022

US interest rates rise to their highest level since 2007

The US central bank has increased interest rates again in an effort to combat inflation, and they are currently at their highest levels since the global financial crisis. The Federal Reserve, or Fed, increased interest rates by 0.50 percentage points...

UK, Italy and Japan to collaborate on new fighter jet
Technology9 December 2022

UK, Italy and Japan to collaborate on new fighter jet

​The UK, Italy, and Japan will work together to create a new artificial intelligence-powered fighter jet, according to UK Prime Minister Rishi Sunak. The collaborative company will aim to increase security ties and generate thousands of jobs in the U...

China Covid protests put President Xi in a bind
Trending28 November 2022

China Covid protests put President Xi in a bind

​For the past three years, the patience of one billion people in China has been stretched, growing thinner and thinner with every lockdown and round of mass Covid testing. Now, that patience has snapped. As thousands take to the streets in cities pro...

Donald Trump sued by writer who alleges 1990s rape
Trending25 November 2022

Donald Trump sued by writer who alleges 1990s rape

Writer E Jean Carroll is suing Donald Trump in the US state of New York for allegedly raping her in the 1990s. Ms Carroll, 78, is among the first to sue under the Adult Survivors Act, which came into effect on Thursday. The state law allows a one-yea...