UK supermarket Sainsbury’s axes thousands of jobs to cut costs
The cuts will be across the company in a cost-cutting drive which will see the closure of its cafes and pizza counters. There will also be a reduction in a…
UK inheritance tax receipts hit record levels after threshold freezes
The amount of money collected through inheritance tax is likely to rise further in the UK due to recent policy changes. Read More
Trump administration freezes health communications and posts
Experts say it’s common to wait until new teams are in place but is a concern if it means “going back to a prior approach of silencing the agencies”. Read…
AfD’s failure to appeal ‘extremist’ classification in Saxony raises questions over national ban
The party’s state association in Saxony is now officially classed as a “right-wing extremist” organisation. Could the AfD soon be facing a national ban? Read More
Don’t look at tariffs, look at inequality, EU economics chief tells Trump
The new US administration has sent jitters across the world with trade plans that could severely damage the EU. Read More
WEF issues warning over splitting threat posed to global financial system
Rising geopolitical tensions are increasing fragmentation of the global financial system and pose a risk to both global prosperity and human progress, according to a report from the World Economic…
UK minister rules out Sefcovic’s proposal for joining European Customs Union
The EU’s new trade chief Maros Sefcovic on Wednesday in Davos told the BBC that he was open to Britain joining the Pan-Euro-Mediterranean Convention (PEM) as part of a post-Brexit…
Is ChatGPT down? Users of OpenAI report global outage
While the artificial intelligence (AI) company has yet to acknowledge an outage, a huge spike in reported disruptions have been recorded. Read More
Trump rollback jeopardises EU-US data transfers, key privacy activist says
First-day executive orders signed by the new US president could make it impossible for thousands of EU businesses and public bodies to use US cloud providers such as Google, Microsoft…
Meta’s new pay-or-consent policy still breaches EU law, consumer advocates claim
The social media giant may have softened its rules allowing subscribers to Facebook and Instagram to get no ads, but users still aren’t getting a fair choice, BEUC argues. Read…