Great Britain’s digital sector is reportedly seeing its slowest job growth in a decade. As Bloomberg News reported Thursday (July 11), this has led the incoming Labour government to promise to revitalize the industry as it seeks to fuel growth. The number of digital jobs climbed by just 0.3% last year — the lowest figure since a...
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Brexit isn’t working and Britain needs a new deal, business leader warns
Brexit is not working for UK businesses and the Government needs to “stop treading on eggshells around trade with the EU” if it wants to grow the UK economy, the leader of British Chambers of Commerce (BCC) will warn on Thursday. Shevaun Haviland, the director-general of the BCC, is expected to call for better relations...
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GB News set to axe 40 jobs after channel posts heavy losses
GB News has announced a round of redundancies with 40 jobs set to be lost at the broadcaster amid mounting losses, it’s reported. The job cuts come after the channel posted a pre-tax operating loss of £42.4m for the year to the end of May, 2023, up from £30.7m in the previous 12 months. GB...
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UK Store Closures Put Spotlight on Digital Shoppers
One of the U.K.’s oldest retailers, Marks and Spencer (M&S) announced last week it plans to shutter 110 stores during the next five years. This news comes only weeks after reports that the British division of The Body Shop was closing nearly half of its 198 U.K.-based stores and reducing its headcount by 40 percent....