News
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…
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…
