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JLR temporarily halts production at Solihull plant
Posted onA JLR spokesperson said: “Due to a part supply challenge with a supplier, we are temporarily pausing production on certain vehicle lines at our Solihull manufacturing facility. We are working closely with that supplier to resolve the issue as quickly as possible and minimise any impact on our clients or our operations.”
Spirit Airlines shutting down after rescue talks collapse
Posted onThe earlier plan, which would have seen the US government take effective ownership of as much as 90% of the airline, faced stiff opposition from Wall Street, Capitol Hill and even a member of Trump’s own cabinet. Transportation Secretary Sean Duffy told Reuters a rescue would amount to tossing “good money after bad”.
Money and wellbeing roadshows for Northamptonshire residents
Posted onResidents are to be offered advice on coping with the challenges of winter through a series of money and wellbeing roadshows. Organised by West Northamptonshire Council, the events will bring together organisations to provide practical help, from home energy efficiency to debt advice – and mental health support. The events are part of the authority’s…
Drivers warned about scam car finance payout calls
Posted onMotorists have been warned to be on the alert for scammers posing as car finance lenders offering fake compensation. The warning from the Financial Conduct Authority (FCA) comes after the watchdog announced it would set up a compensation scheme for motorists who were sold car finance deals that were unlawful. Earlier this month, the Supreme…
Trump temporarily blocked from firing Fed governor Lisa Cook
Posted onA federal judge has temporarily blocked President Donald Trump from sacking Federal Reserve governor Lisa Cook, who is part of the board responsible for setting US interest rates. The ruling is a win for the central bank in an unprecedented legal battle with the White House over the independence of the Fed. Last month, Trump…
North Sea oil and gas firm Petrofac files for administration
Posted onAngus CochraneBBC Scotland News Petrofac Petrofac has offices in Aberdeen, London, Woking and Greater Yarmouth Energy services firm Petrofac has filed for administration. The company, which employs about 2,000 people in Scotland, said its North Sea business would continue to operate as normal. In a statement, Petrofac said it had applied to appoint administrators for…
