The FTSE 100 slumped into the red on Tuesday as oil giant BP acted as a drag. Sentiment started positive in early trading but turned sour throughout the session, as housebuilders and retailers also weakened. BP was one of the day’s significant fallers after if it warned of an impairmentContinue Reading

Dyson is planning to axe more than a quarter of its UK jobs as part of a major restructuring. The vacuum cleaner manufacturer is to cut around 1,000 of its roughly 3,500 jobs in the UK, it told staff in an email on Tuesday morning. The company, which also makesContinue Reading

Ticketmaster has alerted its North American customers to take precautionary measures following a significant cyberattack in May. Overnight emails sent to Canadian users urged vigilance against identity theft and fraud. The breach, affecting 560 million customers worldwide, saw hackers steal personal details which are now being sold online. Despite repeatedContinue Reading

Recast, the pioneering Edinburgh-based fintech-for-media platform, has successfully closed a $5 million funding round. This round was led by prominent US-based venture capital firm Morpheus Ventures, with additional investments from Airstream Ventures and Cooley. Recast aims to grant consumers access to any digital content while ensuring a fair and immediateContinue Reading

Amazon workers at the Coventry warehouse have begun voting in a landmark trade union recognition ballot, potentially granting them collective bargaining rights over pay and conditions for the first time in the UK. More than 3,000 employees at the West Midlands hub are participating in the vote, which culminates onContinue Reading

Reform UK is facing mounting pressure to prove the legitimacy of its general election candidates after doubts arose about several candidates who lacked photos, biographies, and contact details. Reform UK has defended the authenticity of all 609 candidates who stood on 4 July, acknowledging that some were “paper candidates” whoContinue Reading