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Ford says it took an extra $900m Trump tariff hit last year
Posted onThe vehicle manufacturer had said it was backing away from plans to make large EVs, citing lacklustre demand and recent regulatory changes under Trump. The business case for leaning heavily into EV production, specifically large-sized EV models, has “eroded”, the company had said.
Rising food bank use in Guernsey a sad picture of our community
Posted onHe added: “Making certain services free to access, even if they’re paid for elsewhere, adjusting benefit rates so that at least you ensure the lowest income households are adequately protected, or otherwise you’re looking at, sort of, trying to control costs in other ways such as rent control.”
Starbucks workers and unions in 10 countries to protest in support of US baristas
Posted onStarbucks workers and union members in England, Scotland and eight other countries are set to protest on Wednesday in support of striking US employees, the company’s US union told the BBC. Starbucks Workers United last month launched a strike, which the union said has expanded to 3,000 baristas in more than 100 US cities. Workers…
MPs write to business secretary over JLR supply chain jobs
Posted onRichard PriceWest Midlands UK Parliament Antonia Bance is the Labour MP for Tipton and Wednesbury and a member of The Business and Trade Committee About 30,000 people are employed directly by JLR, with a further 200,000 working in the firm’s supply chain. Antonia Bance – Labour MP for Tipton and Wednesbury and also a member…
WrapUp London: How unwanted coats are changing lives this winter
Posted onBBC The table full of coats and outerwear for babies and toddlers was popular It is a simple mission: ensure everyone in London is wrapped up warm for winter. This year, WrapUp London will collect and distribute about 20,000 unwanted or outgrown coats and gift them to homeless charities, women’s refuges and family centres. A…
Donald Trump to unveil home buying plan involving retirement funds
Posted onUS President Donald Trump is set to announce a plan that would let Americans use their retirement savings for down payments on homes. National Economic Council Director Kevin Hassett, who hinted at the plan on Friday, offered few details about how withdrawals from US workplace retirement accounts – known as 401(k)s – would work. “Suppose…
