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Jaguar Land Rover suppliers ‘face bankruptcy’ due to hack crisis
The past two weeks have been dreadful for Jaguar Land Rover (JLR), and the crisis at the car maker shows no sign of coming to an end. A cyber attack, which first came to light on 1 September, forced the manufacturer to shut down its computer systems and close production lines worldwide. Its factories in…
East Yorkshire residents offered £40 for going on money course
People are being offered a £40 shopping voucher in return for completing a money session. The Let’s Talk Money course will look at topics such as formulating a budget and using online price comparison tools. East Riding of Yorkshire Council said the course was designed to help residents gain a better understanding of their finances…
Jaguar Land Rover restarts some IT systems after cyber-attack
Jaguar Land Rover (JLR) says it has begun a “phased restart” of its operations with parts of its IT system back up and running. The company said it was “working to clear a backlog of payments” to suppliers as it now had increased its processing capacity for invoicing. The carmaker’s production lines have been suspended…
China has found Trump’s pain point – rare earths
Osmond ChiaBusiness reporter Reuters Last week, China’s Ministry of Commerce published a document that went by the name of “announcement No. 62 of 2025”. But this wasn’t just any bureaucratic missive. It has rocked the fragile tariffs truce with the US. The announcement detailed sweeping new curbs on its rare earth exports, in a move…
Bankers to get bonuses quicker under rule change
Senior bankers will be able to pocket bonuses more quickly under a relaxation of rules brought in after the financial crisis of 2007/2008. Senior bankers have had to wait up to eight years to collect their bonus in full to make sure the deals they were being rewarded for turned out to be profitable longer…
