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Jaguar Land Rover posts heavy loss after cyber-attack
Jaguar Land Rover has reported a heavy loss for the three months to the end of September, a period during which it was badly affected by the impact of a serious cyber-attack. The carmaker posted a £485m loss – before tax and exceptional items – compared with a profit of £398m for the same period…
Trump tariffs: The uncertainties facing businesses and consumers after tariff changes
US economist Bernard Yaros pointed out that Trump has already used Section 232 of the Trade Expansion Act of 1962 to introduce industry-specific tariffs on sectors including vehicles, steel and aluminium, and noted that “the Department of Commerce has launched Section 232 investigations into pharmaceuticals, semiconductors, critical minerals, and aircraft”.
Christmas toy appeal starts for Hackney and Haringey children
Organisers of a Christmas toy appeal are urging people to donate to the project if they are able to, so they can give gifts to thousands of children living in extreme hardship in north and east London. The Hackney Local Buyers Club is running its 12th annual appeal, but fear donations will drop due to…
A 45% school bus fare hike is too much, says Coventry dad
A dad-of-two wants a bus operator to reconsider its charges for a popular school route amid plans for a huge fare hike. Ambi Ambituuni’s daughter currently uses the 85 bus operated by National Express to travel between her home in Coventry and her school in Rugby – journeys costing £165 a term. From January 2,…
