UK competition regulator to cut staff after ‘budgeting error’
Voluntary exit scheme comes as CMA reels from government’s ousting of its chair
Read more at Financial Times
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Primark cuts sales outlook after struggles in UK market
Fashion retailer blames mild autumn weather and ‘cautious’ consumer sentimentFinancial Times - 5h -
UK competition watchdog chair ousted by government
Marcus Bokkerink is leaving as the government signals it is serious about growth, the BBC understands.BBC News - 1d -
Ministers force out chair of UK’s competition regulator
Marcus Bokkerink replaced at CMA with government saying it wants pro-business decisions to drive prosperity and growthFinancial Times - 1d -
UK employers cut jobs after Budget, official data shows
Drop in payrolled workforce comes even as wage growth acceleratesFinancial Times - 2d -
How do UK regulators plan to cut back rules and boost growth?
Chancellor Rachel Reeves wants the regulatory sector to do more to drive the economyFinancial Times - Jan. 15 -
Meta to Cut 5% of Staff as Zuckerberg Says He Will 'Raise the Bar'
CEO Mark Zuckerberg said the job cuts are necessary as the company builds “the most important technologies in the world.”The Wall Street Journal - Jan. 14 -
EU Competition Regulator Conditionally Clears Synopsys' $35 Billion Ansys Deal
The commission said that the companies’ offer to sell two business units to a rival fully addresses its concerns.The Wall Street Journal - Jan. 10 -
Whitehall braced for spending cuts after UK hit by bond market turmoil
Rising gilt yields mean government departments may face further squeezeFinancial Times - Jan. 10 -
Next warns of ‘anaemic’ growth after UK Budget tax increases
Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economyFinancial Times - Jan. 7
More from Financial Times
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Apple and Google investigated by UK regulator over mobile platforms
CMA probe comes days after its chair was forced out by government in drive for economic growthFinancial Times - 8h -
Trump calls on Opec to push down global oil prices
US president tells World Economic Forum he will insist central banks lower interest rates ‘immediately’ afterwardsFinancial Times - 2h -
Murdoch’s money protects him even from princes
The media tycoon is happy to spend to contain a scandal — including in his legal battle with a British royalFinancial Times - 7h -
Purdue and Sackler family agree to $7.4bn opioid settlement with US states
New deal is $1.4bn higher than previous one that was struck down by Supreme CourtFinancial Times - 1h -
UK approaches potential administrators for Thames Water
Government is bracing for a possible renationalisation of the UK’s biggest water companyFinancial Times - 1h
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OpenAI introduces Operator to automate tasks such as vacation planning, restaurant reservations
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President Donald Trump says he'll 'demand that interest rates drop immediately'
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Google restores Joe Biden to ‘U.S. presidents’ search results, blames ‘data error’ for omission
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