Web Reporter
Stellantis Faces €22 Billion Hit as Carmaker Reverses Electric Vehicle Strategy
Stellantis, the European automotive group behind Vauxhall, Citroën, Fiat, and Jeep, has announced a €22 billion charge after admitting it…
UK invests £36 million to expand AI supercomputing at Cambridge
The UK Government has pledged £36 million to upgrade the University of Cambridge’s DAWN supercomputer, aiming to expand access to…
Chery accelerates UK push with fourth brand, Lepas, targeting electric and hybrid SUVs
Chinese state-owned carmaker Chery is expanding its presence in the UK with the launch of a fourth brand, Lepas, aimed…
Pinterest Fires Two Engineers Over Job-Cuts Tracking Tool
Pinterest has dismissed two engineers after they created and circulated a software tool that identified colleagues affected by the company’s…
Santander Faces Rising UK Compensation Bill Amid $12 Billion US Takeover
Santander has renewed its criticism of UK regulators as its compensation bill for the motor finance scandal climbed above £460…
One Million Taxpayers Miss Self-Assessment Deadline, Face Automatic Penalties
Around one million people missed the deadline to submit their self-assessment tax returns for the 2024–25 tax year, HM Revenue…
FTSE 100 Hits Record High as Strong Dollar Offsets Commodity Slumps
London’s FTSE 100 closed at a fresh record high on Wednesday, as a strengthening US dollar countered sharp declines in…
Rising Costs Force One in Five UK SMEs to Cut Jobs, Survey Finds
Rising taxes and operating costs forced more than one in five UK small and medium-sized enterprises (SMEs) to make redundancies…
UK Unemployment Forecast to Hit Five-Year High as Tax Increases Begin to Bite
UK unemployment is expected to rise to its highest level in five years in 2026 as previously announced tax increases…
Starmer Suggests Andrew Mountbatten-Windsor Should Testify on Epstein Files
Prime Minister Sir Keir Starmer has said that Andrew Mountbatten-Windsor should consider testifying before the US Congress regarding his past…
