Volkswagen to cut 50,000 jobs as profits drop

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…

The Trump administration has announced a deal allowing patients to buy prescription drugs at discounted prices via a new website operated by the federal government. The agreement with pharmaceutical giant Pfizer will see prices for some medicines slashed by up to 85% on the direct-to-consumer TrumpRx site, the White House said in a press conference…

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…

Toffee Crisp and Blue Riband bars can no longer be called chocolate after maker Nestle changed their recipes. To be described as milk chocolate in the UK a product needs to have at least 20% cocoa solids and 20% milk solids, a level each product fell below once a higher amount of cheaper vegetable fat…