Mitchell Labiak

Croydon

Senior Business Journalist at BBC

Senior business journalist @BBCNews | former property writer @IChronicle | former news editor @PropertyWeek | Bristolian in Croydon | DMs open (yes to dog pics)

Articles

Weightwatchers files for bankruptcy as Ozempic and Mounjaro surge in popularity

1 week ago | bbc.co.uk | Tom Espiner |Mitchell Labiak

WeightWatchers began as weekly weight-loss support group meeting with 400 attendees, and eventually gained millions of members across the globe. But demand for its programmes has dropped while the popularity of weight-loss drugs such as Wegovy and Zepbound has risen - although the brand does sell weight medications as part of its programmes. In February Ms Comonte said WeightWatchers could help people looking for "sustainable" weight loss after coming off medication.
McDonald's posts biggest US sales drop since Covid

1 week ago | bbc.com | Mitchell Labiak

McDonald's posts biggest US sales drop since CovidMitchell LabiakBusiness reporter, BBC NewsGetty ImagesMcDonald's has suffered its biggest drop in US sales since the height of Covid, a fall that it said was driven by wider concerns about the US economy. The world's largest burger chain's revenue at US stores open at least a year sank 3.6% in the first three months of 2025 compared with the same period in 2024, as customers reduced their visits.
McDonald's sales drop as diners face 'uncertainty'

1 week ago | flipboard.com | Mitchell Labiak

Slow drive-thru service at McDonald’s ends with customer arrested, FL cops sayAn impatient McDonald’s customer got so fed up with the service that he marched behind the counter and snatched a cash register drawer, according to …
Tesla denies searching for new boss to replace Elon Musk

1 week ago | bbc.co.uk | Mitchell Labiak

Image source, Getty ImagesBusiness reporter, BBC NewsTesla has denied reports that it has contacted recruitment firms to launch a search for a replacement for Elon Musk as chief executive. The Wall Street Journal reported on Wednesday that the electric car firm's board began looking for a successor to Mr Musk last month. It said this was because of frustration around Mr Musk's focus on his job in US President Donald Trump's administration and Tesla's sinking share price.
Royal Mail takeover approved by shareholders

2 weeks ago | finance.yahoo.com | Mitchell Labiak

Unlock stock picks and a broker-level newsfeed that powers Wall Street. Mitchell Labiak - Business reporter, BBC News Wed, Apr 30, 2025, 12:35 PM 2 min read In This Article: [Getty Images] The sale of Royal Mail's parent company to a Czech billionaire has been cleared by shareholders. The approval of the £3.6bn deal, first proposed a year ago, will see the 500-year institution taken over by Daniel Kretinsky's EP Group.
DHL lifts suspension of high-value deliveries to US

2 weeks ago | bbc.com | Mitchell Labiak

DHL lifts suspension of high-value deliveries to USMitchell LabiakBusiness reporter, BBC NewsGetty ImagesDHL has lifted a suspension it had imposed on deliveries worth more than $800 (£603) to the US after negotiating "adjustments" to customs rules. Earlier this month, the delivery giant said it had stopped such shipments to US shoppers "until further notice" due to a "significant increase" in red tape from President Donald Trump's tariff policies.
Starmer and Trump discuss 'productive' trade talks

3 weeks ago | yahoo.com | Mitchell Labiak

Sir Keir Starmer and Donald Trump discussed "ongoing and productive" trade talks, No 10 has said, in their first call since the US president imposed tariffs on UK goods. The prime minister stressed his commitment to "free and open trade and the importance of protecting the national interest", a Downing Street spokesperson said. They added that the two leaders also discussed "the situation in Ukraine, Iran and recent action taken against the Houthis in Yemen".
UK ban on EU cheese and meat: What it means for you

3 weeks ago | yahoo.com | Mitchell Labiak

The UK government has temporarily banned people from bringing cheese and some meats from the European Union (EU) into the country to stop the spread of foot and mouth disease. But what does that actually mean in practice - and should you be concerned? What has been banned? Pork, beef, lamb, mutton, goat, venison and any other products made from these meats - such as sausages - from the EU have been banned. It also applies to pet food.
No global recession despite Donald Trump's tariffs

3 weeks ago | bbc.com | Mitchell Labiak

Mitchell LabiakBusiness reporter, BBC NewsTrade tariff uncertainty is "literally off the charts" but there will not be a global recession, the International Monetary Fund (IMF) has said. The international economic group said in its forecast for the world economy that global share prices have dropped "as trade tensions flared" and warned about an "erosion of trust" between countries.
UK ban on EU cheese and meat: What it means for you

3 weeks ago | ca.news.yahoo.com | Mitchell Labiak

The UK government has temporarily banned people from bringing cheese and some meats from the European Union (EU) into the country to stop the spread of foot and mouth disease. But what does that actually mean in practice - and should you be concerned? What has been banned? Pork, beef, lamb, mutton, goat, venison and any other products made from these meats - such as sausages - from the EU have been banned. It also applies to pet food.