The US Internal Revenue Service (IRS) will lay off roughly 7,000 workers in Washington and around the country beginning on Thursday, a person familiar with the plans told the Associated Press. The layoffs affect probationary employees with roughly one year or less of service at the agency and largely include workers in compliance departments, according…
The number of norovirus patients in hospital in England has reached an all-time high, figures have revealed, with experts saying a return to pre-pandemic behaviours could be fuelling the situation. Norovirus, also known as the winter vomiting bug, is highly contagious. While most people get better at home in a couple of days, it can…
The world’s biggest diamond miner, De Beers, cost its parent company almost $3bn last year as the growth in lab-grown stones continues to take the shine off the industry. Anglo American was forced to write down the value of the renowned gem producer for a second consecutive year as its chief executive admitted the diamond…
President Donald Trump said his administration is going to audit the U.S. gold reserves kept at Fort Knox in Kentucky. “We’re going to go to Fort Knox, the fabled Fort Knox, to make sure the gold is there,” President Trump said Wednesday on Air Force One. A drive to audit Fort Knox has gained steam…
Major savings providers have pledged to fight any attempts to cut tax breaks on cash Isas amid reports that the government is considering a plan to slash the maximum amount people can put into them from £20,000 a year to £4,000. In recent weeks a row has broken out over whether ministers should scale back…
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They may be the footwear of choice for Hollywood A-listers and pop stars, but Birkenstock sandals are not works of art, Germany’s top court ruled on Thursday. The German sandal maker had sought a ruling that its footwear, known for its cork and latex soles, could be classified as art and thus afforded strong copyright…
Airbus has said it aims to make 820 planes this year as the world’s biggest aerospace manufacturer attempts to overcome problems in its supply chain. The European company said that deliveries would rise by 7% compared with the 766 planes made last year, as it reported an 8% drop in income for 2024 excluding various…
European countries are extracting renewable energy from Morocco and Egypt to “greenwash” their own economies, while leaving north Africans reliant on dirty imported fuels and paying the environmental costs, a Greenpeace report says. Both Morocco and Egypt are aiming to leverage their strategic locations south of the Mediterranean, and their solar and wind power potential,…
New York governor Kathy Hochul said that the state was ready to fight the move by the Trump administration to rescind federal approval of New York City’s congestion pricing program that is designed to reduce traffic and raise money to upgrade aging subway and bus systems. ‘In case you don’t know New Yorkers, when we’re…
