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Wednesday February 4, 2026

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Tag: Business

Volvo Cars to axe 3,000 workers as tariffs, falling sales ravage industry

Volvo Cars to cut 3,000 mainly office jobs amid falling sales, tariffs, and fierce global competition

Tesco locks booze behind glass—shoppers now must ‘tap to access’

Tesco trials touchscreen-activated security cabinets for alcohol in Welsh stores amid theft fears.

Jony Ive and Sam Altman tease ‘coolest tech ever’ in $6.4bn AI device deal

Altman and Ive promise an “unobtrusive” AI device that reinvents everyday tech as hype builds ahead of the 2026 launch.

Marks & Spencer cyber attack costs £300 million after ‘human error’ breach

Marks & Spencer reveals cyber attack linked to third-party breach will cost £300m, disrupt sales and supply, with rivals Co-op and Harrods also affected.

Thames Water drops £1m boss bonus plan amid government fury

Water giant suspends £1m executive payouts after ministers slam ‘reward for failure’ as public anger rises.
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