British firms with a combined 2.6 billion in revenue are considering fleeing the country, fearing fresh tax hikes in the budget
Small businesses in the U.K. fear that impending tax hikes may hinder growth and lead to an exodus of startups.
RTE staff seek 6pc pay rise in new claim
The Trade Union Group seeks a pay increase of €1,500 plus 6% in response to economic pressures.
Apptio: Australians Navigate Economic Pressure via IT Investments
Australian businesses are increasingly cautious in technology investments due to economic pressures, requiring accountability and clear value demonstrations.
Is luxury fashion in its flop era?
Luxury industry faces underconsumption challenge with declining sales among top brands.
Business bankruptcies shot up by more than 41% last year, as pandemic debts mount | CBC News
Business insolvencies in Canada increased by more than 41% in 2023, with the total number of insolvencies rising by 23.6%.
The high insolvency rates for businesses are indicating a tough economic climate and could lead to more job losses in the coming months.
Online news site The Messenger shuts down after less than a year
The Messenger, a nonpartisan online news site, abruptly shut down after only eight months in operation, leaving approximately 300 employees out of work.
Founder Jimmy Finkelstein announced the shutdown in an email, stating that the company had been trying desperately to raise enough funds to become profitable.
The collapse of The Messenger follows other large-scale layoffs in the media industry, indicating the challenging economic climate for media companies.