Business News

Bitcoin junkies offered therapy for addiction

Cryptocurrency junkies who become hooked on trading virtual money can now get treatment at an addiction centre in the Scottish Borders. Castle Craig Hospital in Peeblesshire has created a course of residential treatment for ‘crypto addicts’ to...

BT to axe 13,000 jobs and leave London HQ

BT is to cut 13,000 jobs over three years, about 12% of its workforce, as it seeks to slim down its management and back-office roles. The telecoms giant said that the job cuts and other measures would help it to reduce costs by £1.5bn. It added...

Tesco Direct to close

Tesco Direct, the website that sells general merchandise, is to close putting 500 jobs at risk. The retailer said the non-food website was a “small, loss-making part of the business” and had “no route to profitability”. Tesco...

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