CBA Cuts 300 Australian Jobs, Expands India Hiring
Commonwealth Bank has eliminated approximately 300 positions in Australia despite posting $5 billion in profits, while simultaneously increasing its workforce in India by 21%.
Category : Business
Energy Bills to Drop 7% from April in Price Cap Shake-Up
Households will see energy bills fall by around 7% from April, with an average £150 cut promised by Chancellor Rachel Reeves. The reduction comes from scrapping the Energy Company Obligation scheme.
Firms Fined Over Fatal Hydrogen Sulfide Incident at Colorado Dairy
Federal safety regulators have issued fines totalling $246,609 against a dairy owner and two contractors following the deaths of six workers from toxic gas exposure in a confined space.
Kohl's Launches 'Deal Bar' with $10 Items Nationwide
Kohl's introduces a 'Deal Bar' at store entrances, featuring rotating affordable items under $10, including seasonal decor and essentials, as part of a strategy to attract budget shoppers.
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Zoopla Sees Strongest February in Decade for New Listings
Zoopla records a 6% rise in homes for sale in February 2026, marking the highest new listings for the month in ten years, with subdued price growth benefiting first-time buyers.
Peugeot Hypersquare Steering: Hands-On Review
Peugeot's Hypersquare steering control, featuring advanced steer-by-wire technology, is set to debut in the next-generation 208 supermini. Our EV editor tested it in the Polygon concept and an adapted e-2008.
Wayve's £1.1bn Funding for UK Robotaxi Launch
London-based autonomous vehicle firm Wayve has raised £1.1 billion from investors including Uber, Microsoft, and Nvidia, valuing the company at £6.4 billion as it prepares to launch robotaxi trials in London.
Wayve Bags $1.5bn Investment for UK Robotaxi Rollout
British self-driving car firm Wayve raises $1.5bn from Uber, Microsoft, and Nvidia to launch robotaxi trials in London, targeting full commercial deployment by 2026.
Parking Reform Sparks 'Carmageddon' Fears Over Gridlock
The British Parking Association warns that proposed government parking reforms could lead to urban gridlock and overwhelm courts, while the RAC highlights concerns over unfair debt recovery fees.
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UK Housing Market Booms with Highest New Listings in Decade
Zoopla reports a 6% surge in new property listings, creating a favourable environment for first-time buyers and moderating price growth across the UK.
WiseTech Global to Cut 2,000 Jobs in AI Restructuring
WiseTech Global announces a major workforce reduction, with CEO Zubin Appoo citing the end of manual coding as the core engineering practice. The AI transformation program will phase out up to 50% of roles in key departments.
Kohl's Deal Bar Offers Affordable Items Under $10
Kohl's introduces Deal Bar at store entrances, featuring rotating seasonal gifts and essentials for $10 or less, aiming to attract budget-conscious shoppers nationwide.
Brit's Tense Escape from Mexico Violence After El Mencho Death
A British tourist recounts a frightening journey to safety after being stranded in Mexico amid widespread cartel violence following the killing of drug lord El Mencho.
Spirit Airlines CEO Details Bankruptcy Exit and 'New Spirit' Vision
Spirit Airlines expects to exit Chapter 11 bankruptcy by late spring or early summer after securing a preliminary deal with lenders, aiming to emerge as a leaner, more competitive carrier.
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Pregnant Care Worker Wins £23k Over 'Heartless' Messages
A pregnant care worker has been awarded £23,000 in compensation after a colleague called her 'unreliable' and sent threatening messages regarding her pregnancy-related absences, leading to a successful employment tribunal claim for discrimination.
Spanish Engineer Creates Remote-Controlled Smart Vacuums
A Spanish engineer has innovated smart vacuums that can be controlled remotely, offering users greater convenience and efficiency in household cleaning tasks.
Heated Clothes Dryers and Airers: Efficient Home Drying
Explore the best heated clothes dryers and airers for energy-efficient home laundry solutions, including features, benefits, and tips for optimal use.
M60 Gridlocked After Serious Crash Near Trafford Centre
All lanes are closed on the M60 anticlockwise carriageway following a serious road traffic collision near the Trafford Centre, causing major delays and traffic chaos.
Apple Moves Mac Mini Production to Texas After Trump Drive
Apple announces relocation of Mac mini desktop computer manufacturing to Houston, Texas, as part of its $600 billion U.S. investment pledge. CEO Tim Cook cites expansion in Houston facility starting later this year.
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Maine's 'White Elephant' Village Fails to Sell
A unique 36-acre village in Pittston, Maine, with 21 buildings has been listed for the fifth time as owners struggle to find a buyer for the $6 million property.
US East Coast Blizzard Causes Travel Chaos, Thousands of Flights Axed
A historic winter storm has brought travel chaos to America's East Coast, with over 10,000 flight cancellations and 12,000 delays reported. Major airports remain paralyzed as furious passengers face extended disruptions.
Temporary Accommodation Bills Need Housebuilding Backing
The Guardian editorial argues that while temporary accommodation bills provide immediate relief, they must be supported by long-term housebuilding strategies to address the UK's housing crisis effectively.
Youth Unemployment Crisis in UK Amid Tax and Wage Policy Clash
Youth unemployment in the UK is rising sharply, with experts warning that recent tax hikes and wage increases are creating a perfect storm for young job seekers.
Trump's Tariffs: Nostalgia Misreads a Changed World
Donald Trump's proposed tariffs reflect a nostalgic view of global trade, but they fail to account for today's interconnected economy and could harm US interests.
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Norwegian Cruise Line Tightens Dress Code in Select Dining Venues
Norwegian Cruise Line has updated its dress code, banning casual items like flip-flops and tank tops in premium restaurants, sparking passenger confusion and debate.
Waymo Expands to Four New Cities in Texas and Florida
Waymo announces expansion of its autonomous vehicle services to Dallas, Houston, San Antonio, and Orlando, strengthening its lead in the robotaxi sector.
600 Passengers Stranded Overnight on Planes at Munich Airport
Around 600 travellers were forced to spend the night on planes at Munich Airport after heavy snowfall led to flight cancellations and a shortage of buses, with apologies issued by the airport and Lufthansa.
US Housing Market Faces Ghosting Epidemic as Buyers Retreat
A surge in housing inventory is fueling a wave of contract cancellations across major US metros, with Atlanta leading at over 10% of deals falling through. Experts warn this trend signals broader market cooling.
Premium Bonds Prize Fund Cut and Odds Worsen from April
National Savings and Investments reduces Premium Bonds prize rate to 3.3% and lengthens odds to 23,000:1, cutting higher-value prizes. Experts advise comparing with tax-free ISAs.
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Leavenworth Faces Tourism Crisis After Manhunt, Wildfires, and Floods
The Bavarian-style village of Leavenworth, Washington, confronts economic strain after a year marked by a murder manhunt, wildfire closures, and devastating floods that disrupted its vital tourism industry.
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