MARKET REPORT: Capita rockets 27% as cost cutting lifts profits

Investors piled into Capita after a cost-cutting plan offset some of the losses it racked up from the pandemic. Around £100million was wiped off the government contractor’s turnover in the three months up to the end of September. It brought in revenues of £803million, down from £902million in the same period last year. Around £100million … Read more

Nicola Sturgeon rules out cutting Scotland quarantine to 10 days

Scots could spend longer in coronavirus self-isolation than the English after Nicola Sturgeon said she would not follow any time reduction introduced in England. The First Minister said she had no plans to cut the quarantine period from 14 days amid claims that it could be slashed to 10 days following a row between Mr … Read more

Austrian police raid 60 addresses in raids aimed at ‘cutting off the roots of political Islam’

Austrian police have today raided more than 60 addresses allegedly linked to radical Islamists and seized millions of euros in cash, with orders for 30 suspects to be questioned. The operation came a week after a convicted Islamic State group supporter killed four people in a shooting rampage in the heart of Vienna, but prosecutors … Read more

News networks face backlash for cutting away from Trump speech

President Donald Trump’s supporters have criticized major television news networks for cutting away from his evening address claiming election fraud, asserting that the public had a right to hear what he had to say as vote counting continues.  Trump spoke from the White House on Thursday evening, timed to preempt national evening news broadcasts. But … Read more

News networks face backlash for cutting away from Trump’s election tirade

President Donald Trump’s supporters have criticized major television news networks for cutting away from his evening address claiming election fraud, asserting that the public had a right to hear what he had to say as vote counting continues. Trump spoke from the White House on Thursday evening, timed to preempt national evening news broadcasts on … Read more

John Lewis cutting up to 1,500 head office jobs by April next year

The John Lewis Partnership is axing up to 1,500 head office jobs by April next year as part of its plans to transform the ailing department store business. In a shock move earlier this year, the group shut eight of its John Lewis stores for good, putting 1,300 people at risk of losing their jobs. … Read more

Marcus Bank cutting its easy-access rate to 0.7%

More misery for savers: Marcus Bank slashes its easy-access account rate to 0.7% – blaming ‘market conditions’ Marcus has continually cut its rate for its easy-access customers  The new rate of 0.7% – down from 1.05% – will come into effect on 12 October  NS&I also slashed its rates earlier this week  By Grace Gausden … Read more

Italians overwhelmingly vote to cut the number of MPs by a third as a cost cutting measure

Italians overwhelmingly vote to cut the number of MPs by a third as a cost cutting measure in referendum Number of MPs will be cut from 630 to 400 and senators will also be reduced  Almost 63 per cent voted for reduction, also supported by Government Coalition Vote confirmed a constitutional amendment already pushed through Parliament  … Read more

Jo Malone feels ‘humiliated’ as she slams perfume brand for cutting John Boyega from China advert

Jo Malone has said she feels ‘humiliated,’ after the perfume brand she founded made the ‘despicable and disgusting,’ move to cut John Boyega from a Chinese advert. The Star Wars actor has stepped down from his role as a global ambassador for Jo Malone London after the company cut the black actor from the Chinese version … Read more

The delicious way to kick-start weight loss: Dr MICHAEL MOSLEY’s guide to cutting the calories

Concerned by the impact of weight gain on our health, the Mail’s new columnist Dr MICHAEL MOSLEY has devised a Shape Up Britain series to reduce our waistlines and improve our wellbeing.  Continuing today and all this week, we follow the progress of 30 volunteers who’ve road-tested the plan and reveal the delicious recipes that worked … Read more