SUN 01 NOVMorning2:34 PM

Back to the brief

BIZBBC News

Thousands of jobs at Virgin Media O2 to be cut

Photo: BBC

Thousands of Virgin Media O2 staff face redundancy risk as the telecoms firm looks to save money in the face of billions of pounds of debt and tougher competition.

The broadband provider has not finalised the number of roles to be cut but it is likely be a sizeable chunk of its 16,000 workforce, the BBC understands.

VMO2 has billions of debt on its balance sheet and is tackling competition from both smaller providers as well as giants like BT, which has agreed a deal to acquire rival TalkTalk, a move which VMO2 has firmly opposed.

Read the original report

Opens BBC News in a new tab

BIZThe Guardian

The US-China trade war seems to have subsided – but the sense of calm is misleading

A truce has cooled the trade conflict, but neither country has done anything to limit the outbreak of new hostilities Donald Trump ’s trade wars have largely fallen off the headlines. Fears of new tariffs flare up from time to time when the US president goes off the rails – for instance, threatening to end US trade with countries with which it has a deficit unless the Federal Reserve cuts interest rates. But the sense that the world’s two largest economies are plowing ahead into an overt economic conflagration has taken a back seat to other, more…

BIZThe Guardian

Affordability top of mind for voters in final sprint to midterms: ‘I have to pick between medicine or groceries’

Cost of living has loomed over this election cycle as workers and unions champion candidates fighting for higher wages and tackling rising prices For millions of Americans heading to the polls on Tuesday, affordability is a constant and worsening issue, and it’s been a prevailing concern this election cycle. In Lorain county, Ohio, Gina Jones and her co-workers at the Lorain county job and family services have been on strike since February 2026, the longest public sector strike in Ohio history and on pace to break the US record for longest public sector…