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Jaguar Land Rover shutdown extended again after cyber attack
Posted onTheo Leggettbusiness correspondent and Emer Moreaubusiness reporter Getty Images JLR will not resume production until 1 October Jaguar Land Rover (JLR) has confirmed that production in its factories will remain suspended until next month at the earliest. The business secretary and industry minister are visiting the West Midlands on Tuesday for the first time since…
SpaceX share price drops below stock market debut
Posted onSpaceX’s share price has dropped below its stock market debut just over a month ago, falling sharply from a post-float peak. The price for a single share in Elon Musk’s rocket, satellite and artificial intelligence (AI) company fell to $132.62 (£98.24) on Wednesday, below its initial listing of $135 in June. SpaceX’s initial public offering…
Chancellor blames Brexit deal for long-term damage to economy
Posted onRachel Reeves chose to stress the long-term damage done to the UK economy by the 2020 Brexit deal, in her remarks at a key international economic committee at the International Monetary Fund (IMF). In remarks published this weekend, the chancellor told the world’s leading finance ministers and central bankers: “The UK’s productivity challenge has been…
Two South East charities get £300k to support older residents
Posted onAlmost £300,000 has been awarded to two charities in the South East to support the work they do with older residents in financial hardship. The body Independent Age has given £149,997 to Citizens Advice Swale, in Kent, and a further £150,000 to Age UK East Sussex. The funding provided to the charities is designed to…
Third of Londoners suffer hygiene poverty, says charity
Posted onKumail JafferLocal Democracy Reporting Service BBC People are choosing between food and basic hygiene products, campaigners said Almost a third of Londoners aged 16 to 55 cannot afford basic hygiene products, leaving them unable to live normally, a charity has warned. According to research from the Hygiene Bank, about three out of 10 women in…
