Jaguar Land Rover Cuts Under 300 UK Jobs in Operational Review
Jaguar Land Rover (JLR) is set to reduce its UK workforce by fewer than 300 positions, a consequence of ongoing efforts to streamline its industrial operations.
Business·
Business
US Economic Growth Decelerates to 1.5% in Second Quarter, Inflationary Pressures Persist
Business·
Robert Bush Defrauded 172 Individuals of £562,000 in Funeral Plan Scheme
UK·
Prime Minister Burnham Expresses Concern Over Virtual Interview Disadvantage for Young Job Seekers
Business·
Cameron Parish, Louisiana Transforms From Hurricane Destruction to Global LNG Export Hub
Business·
Bank of England Monetary Policy Committee Sets Interest Rates, Influencing UK Mortgage Costs
Business·
Bank of England Forecast to Maintain 5.25% Interest Rate for Fifth Consecutive Period
UK·
business
Morrisons to Close 100 Convenience Stores, Blaming Government Policy for Rising Costs
Morrisons plans to close 100 loss-making convenience stores, primarily acquired through its 2022 McColl's acquisition. The supermarket attributes these closures to significant cost increases stemming from government policy decisions, including national living wage hikes and National Insurance contributions. Hundreds of jobs are understood to be at risk.
business
UK Public Sector Borrowing Hits £24.3 Billion in April, Highest Since 2020
UK public sector borrowing reached £24.3 billion in April, marking the highest April total since the 2020 pandemic. This figure, £4.9 billion higher than the previous year, highlights significant economic challenges, exacerbated by increased spending on benefits and record debt interest payments.
