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Invest NI chief vows to restore trust and rebalance regional investment

Aeidin McCarter, newly appointed head of regional business for the north west, says Invest NI has made mistakes but is now committed to regional balance. Recent data shows significant disparities in investment between Belfast and the north west, though new targets aim to redirect 65% of investmen...

5 min read

Shetland spaceport secures £30m UK government backing for expansion

The UK government invests £30m in SaxaVord Spaceport in Shetland to build additional launch facilities, unlocking further private investment as the nation develops its commercial space launch capabilities.

5 min read

Trump demands Bombardier move US manufacturing or lose American market

President Trump has threatened to block Bombardier from selling aircraft in the US unless the Montreal-based company moves manufacturing to American soil, escalating trade tensions hours before Canada imposes retaliatory tariffs.

4 min read

Food price cap plans keeping East Lothian farmer awake at night

East Lothian farmer Jamie Wyllie says Scotland's proposed food price cap is keeping him awake at night, fearing supermarkets will pass costs down to producers already operating on minimal margins.

6 min read

Next wins appeal to overturn £30m equal pay ruling on basic pay

Next has won an appeal allowing it to maintain higher pay for warehouse workers than shop floor staff. The tribunal accepted market pressures justified the difference, though other equal pay elements remain contested.

4 min read

Grindr to pay £26m over alleged sharing of users' HIV status and personal data

Grindr has agreed to pay £26m to settle a lawsuit alleging it shared users' HIV status and personal data with third parties without consent. The settlement, reached in September 2026, covers approximately 12,000 claimants and relates to data practices before 2020.

4 min read

Jaguar Land Rover to cut 4,000 jobs as sales plummet and competition intensifies

Jaguar Land Rover is eliminating 4,000 jobs over two years as sales decline across major markets, Chinese competition intensifies, and the company pursues a costly shift toward electric vehicles. The restructuring aims to generate £1.7 billion in cost savings.

6 min read

Welsh Government Opens Public Consultation on New State-Owned Renewable Energy Company

The Welsh government is consulting on a new state-owned renewable energy company that would consolidate existing schemes and support community ownership of wind and solar projects. The consultation runs until 30 November 2026.

5 min read

UK house prices fall for first time in nearly three years as market stalls

UK house prices fell 0.4% annually in August 2026, marking the first year-on-year decline since November 2023 as rising borrowing costs and geopolitical uncertainty dampen the market. The average property now costs £298,468.

4 min read

Small UK TV Firms Face Collapse Risk With Median £42,000 Cash Reserves

Analysis of 203 independent TV production companies reveals median cash reserves of just £42,000—insufficient to cover production delays. Two in five face insolvency within two years as broadcaster budgets contract to pandemic-era lows.

6 min read

Cost of living dominates Isle of Man election campaign as economy shrinks

As the Isle of Man prepares for its September 2026 general election, residents, businesses and charities cite rising costs and economic contraction as their primary concerns. The foodbank has seen demand double in two years, while independent retailers report declining sales and mounting expenses.

7 min read

Healey to launch £150m northern growth fund ahead of October Budget

Chancellor John Healey will unveil a £150m investment fund for northern companies as part of a growth strategy ahead of his first Budget on 28 October. The programme aims to attract private capital through public investment in innovative firms and university spin-outs.

5 min read