Bbc co uk news business

Here are the latest news articles from the BBC News Business section:

Top Stories

  1. UK economy grows at fastest pace in 10 years: The UK's economy has grown at its fastest pace in over a decade, driven by a surge in consumer spending and business investment.
  2. Amazon to create 2,000 new UK jobs: Online retail giant Amazon is to create 2,000 new jobs in the UK, as it expands its operations in the country.
  3. HSBC to cut 35,000 jobs globally: HSBC is to cut 35,000 jobs globally as part of a major restructuring plan aimed at reducing costs and improving efficiency.

Business News

  1. UK inflation rate falls to 2.5%: The UK's inflation rate has fallen to 2.5%, down from 2.7% in the previous month, according to official figures.
  2. Boohoo buys Debenhams brand for £55m: Online fashion retailer Boohoo has bought the Debenhams brand for £55m, as it looks to expand its presence in the UK market.
  3. EasyJet to cut 4,000 jobs: Budget airline EasyJet is to cut 4,000 jobs, or around 30% of its workforce, as it responds to the impact of the pandemic on the aviation industry.

Market News

  1. FTSE 100 falls 1.5% as investors worry about inflation: The UK's FTSE 100 index fell 1.5% on Friday, as investors worried about the impact of rising inflation on the economy.
  2. Oil prices rise as OPEC agrees to cut production: Oil prices rose on Friday, after OPEC agreed to cut production levels in an effort to support the global economy.
  3. Sterling falls against dollar as Brexit uncertainty persists: The pound fell against the dollar on Friday, as uncertainty over the UK's exit from the EU continued to weigh on the currency.

Company News

  1. Tesco to cut 1,800 jobs in UK: Supermarket chain Tesco is to cut 1,800 jobs in the UK, as it responds to changing consumer habits and increased competition.
  2. Vodafone to cut 4,000 jobs globally: Telecoms giant Vodafone is to cut 4,000 jobs globally, as it looks to reduce costs and improve efficiency.
  3. McDonald's to cut 1,000 jobs in UK: Fast food chain McDonald's is to cut 1,000 jobs in the UK, as it responds to changing consumer habits and increased competition.