Employment News 27 October 2025

Claire’s and TOFS teeter on administration as UK high street faces fresh jobs shock

London, January 5, 2026, 17:53 GMT Claire’s and The Original Factory Shop (TOFS) are close to filing notices of intention to appoint administrators, a step that would shield the retailers from creditor action while they pursue a rescue, Sky News

5 January 2026

Business News·Employment·UK Economy

US CPI Report: Inflation Cools to 2.7% in November as Stock Futures Jump, Jobless Claims Fall, and Fed Rate-Cut Bets Reprice

Wall Street woke up to a rare combination on Thursday, December 18, 2025: a cooler-than-expected U.S. inflation print, a steady labor-market signal, and a fresh burst of optimism from a bellwether AI-linked chipmaker—after a bruising tech-led selloff the day before.

18 December 2025

Employment·Federal Reserve·Inflation·Stock Market

Tomago Aluminium Rescue Deal: Albanese’s Fixed‑Price Power Plan Sparks Jobs‑vs‑Taxpayer Debate (Dec 14, 2025)

Updated: Sunday, 14 December 2025 Australia’s biggest aluminium smelter has been handed a political and industrial lifeline—alongside a fresh wave of scrutiny—after Prime Minister Anthony Albanese’s government confirmed it is working on a long-term energy deal designed to keep Rio

14 December 2025

Economy·Employment·Energy·Government Policy·Politics

US Economic Calendar Today, December 11, 2025: Jobless Claims Jump, Trade Gap Shrinks as Fed Enters “Data-Dark” Pause

The US economic calendar for Thursday, December 11, 2025, delivered a dense mix of labor, trade, housing and services data—just one day after the Federal Reserve’s third straight quarter‑point rate cut and an explicit signal that policymakers are likely to

11 December 2025

Economic Data·Employment·Federal Reserve·Markets

UK Economy News Today, 9 December 2025: Spending Slump, Weak Jobs Market and Rate‑Cut Hopes Define Outlook

UK economic data and commentary out today paint a picture of an economy that is cooling rather than crashing: households are cutting back, the labour market is softening, inflation is easing but still painful, and markets are betting the Bank of

9 December 2025

Economic News·Employment·Financial Outlook·Interest Rates·UK Economy

Crofton Pulp Mill to Close Permanently: 350 Jobs Lost as B.C. Rejects Old-Growth Logging Lifeline

Crofton, B.C. – December 4, 2025 Domtar will permanently close its pulp mill in Crofton, on Vancouver Island, by mid‑December, eliminating about 350 jobs and deepening a crisis in British Columbia’s forest sector. The shutdown has triggered an emotional political

4 December 2025

Economy·Employment·Local News

National Timber Group Collapse: 561 Jobs Lost as Arnold Laver Depots Shut Across the UK

Published: 27 November 2025 The UK’s biggest independent timber distributor, National Timber Group (NTG), has collapsed into administration, triggering 561 immediate redundancies and the closure of 13 branches across England and Scotland just weeks before Christmas. Joint administrators from Alvarez

27 November 2025

Business News·Employment·Industry Updates·UK Economy

American Signature, Value City Furniture Parent Files Chapter 11: Store Closures, WARN Layoffs and Holiday Sales Explained (Nov. 24, 2025)

Published: November 24, 2025 American Signature, Inc. — the Columbus-based, family-owned parent company of Value City Furniture and American Signature Furniture — has entered Chapter 11 bankruptcy protection, marking one of the biggest collapses in the U.S. furniture sector this

24 November 2025

Bankruptcy·Business News·Employment·Holiday Shopping·Retail Industry

North Sea Oil Giant Petrofac’s Shocking Collapse Puts 2,000 Jobs at Risk

Petrofac’s Collapse into Administration Petrofac, a leading services provider to the oil, gas and renewable energy industry, filed for administration on 27 October 2025, after last-ditch restructuring talks fell apart Ireland Live. The company confirmed it has applied to court

27 October 2025

Business News·Employment·Energy·Oil Industry·UK Economy

Employment News 27 October 2025 - 5 January 2026