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Volkswagen board backs plan to eliminate 100,000 jobs by 2030

Volkswagen's board has approved a plan to cut 50,000 additional jobs, bringing total planned reductions to 100,000 by 2030 as the German automaker confronts declining profits and Chinese competition.

2 min read

Workers install the sensors on the roof of a shiny black Volkswagen ID. Buzz electric van at the company's factory.

Birthday Freebies Guide: How to Claim Rewards and Spot the Hidden Costs

Birthday freebies from restaurants, cafés and retailers can provide genuine savings, but most come with conditions. Learn which offers are truly free, which require spending, and what data you're sharing when you .

6 min read

A young woman holding a pink birthday cake with five candles on, wearing a party hat and striped shirt, celebrating her birthday, with balloons seen hanging behind her

UK Mortgage Rates Face Pressure as Bond Yields Hit 18-Year Highs

UK mortgage borrowers face potential rate increases as global bond market turbulence drives gilt yields to 18-year highs. Swap rates have climbed 0.7 percentage points above year-ago levels, with the 10-year yield reaching 5.294% amid oil price spikes and inflation concerns.

5 min read

Someone walking past a row of For Sale signs on properties

UK households face winter energy bill spike as gas storage crisis deepens

UK households face a potential 4% energy bill rise from October as European gas storage crisis deepens. Wholesale prices hit three-year highs amid Middle East tensions disrupting the Strait of Hormuz. Experts warn of further increases in January.

6 min read

A picture of a woman in a red t shirt and jeans leaned back on a sofa checking her energy consumption on a mobile app.

Three men jailed for £14m tree-planting pension fraud scheme

Three men have been jailed for defrauding 3,000 investors of £70m through a fraudulent tree-planting investment scheme. Matthew Pickard, Stephen Greenaway and Paul Laver received sentences ranging from four and a half to six years.

2 min read

A composite image of Matthew Pickard (left), Stephen Greenaway and Paul Laver (right) outside the court

50 Scottish firms named for failing to pay minimum wage to nearly 700 workers

Fifty Scottish firms have been publicly named for failing to pay staff the minimum wage, with nearly 700 workers affected. Collin Care Ltd owed the most at £28,149, followed by Murdoch Allan & Son at £24,150. Across the UK, 658 employers must repay £4 million.

4 min read

Person wearing blue disposable gloves sprays cleaning solution onto a wooden table and wipes the surface with a yellow cloth inside a café or restaurant, with the background softly blurred.

Crest Nicholson warns of £10m loss as mortgage rates rise on bond market turmoil

Housebuilder Crest Nicholson warns of £10m operating loss as UK mortgage rates face upward pressure from surging bond yields. The company will complete fewer homes than expected amid subdued summer trading and affordability constraints.

7 min read

UK mortgage rates could be pushed up by the bond sell-off

Nearly half of UK households see no benefit from economic growth, PwC report finds

A PwC report finds 46% of UK households live in areas where economic growth fails to improve living standards, revealing a stark North-South divide in spending power. The North East has £1,542 less annual spending power than average, while the South East enjoys £2,154 more.

5 min read

A family of three looking at bills and finances at a kitchen table. From left to right, a child is standing on the floor looking out across the table, a man is looking over a woman's shoulder at A4 sheets of paper she is holding while standing drying a mug, and a woman sits at the table holding the papers and reading. The kitchen behind them in soft focus is mostly pastel-coloured.

Trump Escalates Canada Trade Dispute as Negotiations Stall; Multiple Political Battles Unfold

Trump intensifies Canada trade confrontation as talks stall, imposing 50% tariffs on $20bn in goods. Meanwhile, multiple political battles unfold: postal service faces scrutiny over ballot-screening system, DOJ investigation into Rep. Ilhan Omar expands, federal judge blocks birthright citizenshi...

11 min read

Trump and Canadian PM Mark Carney talk intently, Carney gesturing with his hands

Range Rover launches first fully electric model after year-long delay

Jaguar Land Rover unveils the Range Rover Electric, its first fully battery-powered model, with UK pricing from £154,070 and up to 372 miles range. The launch marks a major shift in the company's electrification strategy following a year-long delay and comes amid financial pressures and workforce...

5 min read

A blue Range Rover Electric prototype drives down a metal ramp from the open cargo bay of a large white aircraft. The vehicle carries “Electric Prototype” markings and technical angle indicators on its body. The aircraft is branded “Range Rover” near the windows.

Burnham faces first PMQs clash as UK borrowing costs hit 18-year high

Prime Minister Andy Burnham faced his first PMQs clash with Conservative leader Kemi Badenoch on 2 September 2026 as UK borrowing costs hit an 18-year high. Burnham blamed the previous Conservative government for market turbulence and stressed fiscal responsibility, while Badenoch pressed him on ...

8 min read

Andy Burnham speaks at the dispatch box in the House of Commons.

NI hospitality leaders warn VAT cuts won't translate to lower customer prices

Northern Ireland hospitality leaders have told MPs that a VAT cut would not lower customer prices but would instead strengthen business margins and competitiveness, as the sector seeks parity with the Republic of Ireland's lower rates.

5 min read

A woman in a pink shirt is paying for her meal with card.

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