Cost Cuts News

Dunelm aims to open more stores and achieve £100 million in cost cuts as part of an ambitious three-year strategic growth plan, despite a slide in its shares.

Volkswagen shares jumped 6% after its board approved a major cost-cutting plan, including reducing its workforce by 50,000, phasing out four German factories, a

Lloyds, owner of Bank of Scotland, aims for £2bn in cost cuts as its profits surged by 23%, leading to a hiked dividend.