Elliott gears up to list Barnes & Noble and Waterstones in London or US
US investor close to appointing advisers for booksellers’ IPO next year
UK
How a Swiss compromise could save UBS billions
A proposal from a cross-party group of politicians could break the deadlock with the country’s biggest bank
Russia’s war economy is not collapsing, but neither is it stable
Russia’s wartime economy is getting weaker as the war in Ukraine approaches its fourth anniversary, according to a recent report by PeaceRep, a research group led by the University of Edinburgh. The report, Against the Clock? Why Russia’s War Economy is Running Out of Time, finds that Russia is being forced to spend aggressively on the war, while its earning abilities have dropped significantly.
Could your boss be lonely? Here’s why it matters more than you might think
PeopleImages/ShutterstockLoneliness is the pain we feel when our social connections fall short of fulfilling our needs.
With UK unemployment rising, will the government’s plan for young people pay off? An economist’s view
Monkey Business Images/ShutterstockThere are nearly one million young people in the UK who are not in employment, education or traini
Teenagers are preparing for the jobs of 25 years ago – and schools are missing the AI revolution
Matej Kastelic/ShutterstockThe government has recently released its national youth strategy, which promises better career advice for young people in England. It’s sorely needed: for teenagers today, the future of work probably feels more like a moving target than a destination. Barely three years after ChatGPT went mainstream, the labour market has already shifted under young people’s feet.
Buy now, panic later is the new holiday ritual – stopping it won’t be easy
Olya Detry/ShutterstockThe holiday season brings celebration and gift-giving, but it also ushers in something less festive: financial stress. In the UK, retailers now shape much of the spending calendar, with Black Friday one of the busiest shopping events of the year.
In this age of global uncertainty, where in the world can we look for guidance?
Sunil Prajapati/ShutterstockWhen Donald Trump stood on the White House lawn in April 2025 holding a large, laminated poster announcing the first round of trade tariffs to be imposed on different countries, the Trade Policy Uncertainty Index shot through the roof.
The quiet rise in the tax burden for UK businesses will hit workers and consumers too
William Barton/ShutterstockMany businesses in the UK saw the 2025 budget as a tightening of the screw in a period of already difficult conditions. While the government insists it is not raising taxes on companies overall, disquiet among businesses could have an impact on jobs, wages and the wider economy.
Unions have been in decline in the UK for 50 years. A new law could begin to reverse that trend
The UK’s employment rights bill will usher in major changes for workers from April 2026. But beyond promising improved rights for employees over unfair dismissal and sick pay, one of the most controversial aspects of the bill concerns the rights of trade unions.
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