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Businesses cut staff at fastest rate since pandemic, says Bank of England

Employment fell 1.8% in November ahead of Rachel Reeves' Autumn Budget

The 150 biggest companies in Devon in 2025

The findings were compiled by Grant Thornton and rank private businesses on turnover and profitability

Major upgrade to ��Ƶ energy infrastructure to push up household bills

Ofgem has announced a five-year plan to improve Britain's energy network that will cost billions of pounds

Butlin's swings back to profit after almost £75m loss

Company Results

The holiday resort chain said it would continue to invest in its resorts ahead of its 90th anniversary next year

Renishaw Plc announces ownership changes as part of succession plan

The families of the listed firm's founders have signalled their long-term commitment to the business

Airbus cuts plane delivery target amid A320 panel issues

The aerospace giant has maintained its full-year guidance following a difficult few days

ITV makes £80m bid for Nations Championship rugby rights

Business of Sport

The broadcaster has been competing with TNT Sports to show the tournaments

Bank of England warns of rising global risks as it cuts capital rules for lenders

The central bank has warned of an increasing threat to financial stability even as it reduced capital requirements for ��Ƶ banks

OBR chief hits out at ‘misconceptions’ in Treasury briefings

David Miles has given evidence to the Treasury Select Committee

Huge boost for £140m project to transform Cardiff Central station

Cardiff Capital Region

A go-ahead announcement is expected this week

Labubu maker Pop Mart announces opening of latest ��Ƶ store

Retail & High Street

The Chinese brand says the new branch will celebrate Bristol's 'creativity and urban art heritage'

OBR boss Richard Hughes resigns after Budget Day leaks

He said he would take full responsibility for technical errors that led to the OBR's 'worst failure' in its 15-year history