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Jaguar Land Rover suppliers ‘face bankruptcy’ due to hack crisis
Posted onThe 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…
Bank of England warns of AI bubble risk
Posted onArchie MitchellBusiness reporter PA Media The Bank of England has warned of a “sharp correction” in the value of major tech companies with growing fears of an artificial intelligence (AI) bubble. It said share prices in the UK are close to the “most stretched” they have been since the 2008 global financial crisis, while equity…
Retail sales hit highest level since 2022
Posted onRetail sales volumes have risen for the fourth month in a row, driven by consumers buying gold online and new tech gadgets. Monthly sales rose by 0.5% in September 2025, new figures from the Office for National Statistics (ONS) show, defying an expected decrease of -0.2%. “Although food stores saw very little growth, good weather…
Petrol retailers in row with government over rip off accusations
Posted onBut in a statement, Gordon Balmer, executive director of the PRA, said: “Recently I have heard of incidents from some of our members of retail staff being abused by members of the public, who may have been provoked by the incorrect and inflammatory language emanating from some commentators, for example, use of the terms ‘rip…
