Welcome to the Money blog as the Bank of England announces a cut in the base rate from 4.75% to 4.5%. You can submit a ...

Estée Lauder is set to shed up to 7,000 jobs amid sliding sales and uncertainty over President Trump’s new tariffs.

Estee Lauder may trim more than 11% of its workforce after the global beauty cosmetics maker lost money in its most recent ...

The company anticipates restructuring and other charges of between $1.2bn and $1.6bn as it overhauls the business.

Estee Lauder will lay off between 5,800 and 7,000 employees after second-quarter sales plummeted 6% and operating income ...