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GB News to axe 40 jobs weeks after revealing heavy losses

GB News to axe 40 jobs weeks after revealing heavy losses

GB News is to cut 40 jobs as the opinionated broadcaster battles to stem losses. Staff were informed of the cuts at a company-wide meeting on Friday afternoon following previous warnings that a restructuring would lead to some employees losing their jobs. Bosses are offering up to two months’ salary and a possible payment in...

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Trump’s wealth surges by $5.5bn as Truth Social starts trading

Trump’s wealth surges by $5.5bn as Truth Social starts trading

Donald Trump has entered the ranks of the world’s 500 richest people after shares in his social media company surged on their Wall Street debut. Shares in Trump Media and Technology Group (TMTG), the entity behind Mr Trump’s Twitter rival Truth Social, rose by more than 50pc at one point after it arrived on the...