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JLR factory production lines resuming hailed as ‘significant moment’
Range Rover production lines in Solihull have resumed, according to car maker Jaguar Land Rover (JLR). About 1,000 employees also started work in the car maker’s Wolverhampton engine plant on Wednesday, it said, marking a “significant moment” on its journey back to full vehicle production. The company revealed on Monday it had suffered a sharp…
Nine ways the Budget could affect you if youre under 25
Archie MitchellBusiness reporter Getty Images The chancellor has announced her Budget which includes a freeze to income taxthresholds, a rise in minimum wages and a so-called milkshake tax. Here are nine ways Chancellor Rachel Reeves’ Budget might affect you if you are 25 or under. Minimum wage workers will benefit Minimum wages will go up…
Abu Dhabis Adnoc in deal talks over oil refinery at centre of US sanctions
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. United Arab Emirates state energy company Adnoc has emerged as the frontrunner to buy Russia’s controlling stake in Serbia’s sole oil refinery, as Belgrade grows increasingly frustrated with Moscow’s foot-dragging under US sanctions. Adnoc, or…
Why the US dollar hit a four-year low and could fall further
“In my opinion, what markets are reacting to is just sort of the haphazard nature of policy in this administration – the escalation, de-escalation,” said Robin Brooks, senior fellow at the Brookings Institution and former FX strategist at Goldman Sachs, pointing to similarities between the backlash over tariffs and Greenland.
Faisal Islam: Is Reeves right in saying were turning a corner?
“I know that the last few years have been tough for people, but the measures that I took, all fully costed and fully funded in the budget, should start to ease those cost of living pressures that people have been living with for too long,” she told me.
