Image copyright JLR About 1,000 workers at Jaguar’s Castle Bromwich plant in Birmingham will move from a five-day to a three-day week from October until Christmas. Jaguar Land Rover said it was making “temporary adjustments to our production schedules” at the factory. It affects about half the plant’s 2,000 workers, who will remain on full …
Kweku Adoboli, the former UBS trader convicted of fraud, is making a last-ditch bid to block his deportation to Ghana, where he was born. He expected to be put on a charter flight late on Tuesday, his lawyer said. Adoboli’s legal team is seeking an injunction and a judicial review of the decision, arguing his …
Image copyright SSTL/AIRBUS/ISRO Image caption S1-4 and NovaSAR pictured just before being enclosed at the top of their Indian rocket The first all-British radar satellite has launched to orbit on an Indian rocket. Called NovaSAR, it has the ability to take pictures of the surface of the Earth in every kind of weather, day or …
Image copyright PA Image caption Christine Lagarde was speaking at a news conference at the Treasury The International Monetary Fund has warned that a “no-deal” Brexit on World Trade Organization terms would entail substantial costs for the UK economy. Such an outcome would affect “to a lesser extent” other EU economies. It said challenges in …
Image copyright Reuters One of the top shareholders in Unilever has said it will vote against the firm’s plan to move its headquarters to the Netherlands, amid growing investor concern about the plan. Aviva Investors told the BBC the move could force UK shareholders to sell their stock and offered “no upside”. Unilever, which makes …
Image copyright Getty Images Image caption Time magazine is being sold amid declines for newsstand sales and print advertising Time magazine is changing hands once again, nearly eight months after it was sold to US media group Meredith Corporation. The co-founder of Salesforce.com, Marc Benioff, and his wife are personally buying Time for $190m (£145.3m). …
Image copyright Getty Images Image caption Kirstie Allsopp is best known for presenting Location, Location, Location on Channel 4 Kirstie Allsopp has left Twitter after facing a fierce backlash when she admitted she smashed her children’s iPads over her gaming rules. Parents slammed the TV presenter online after she revealed she broke her sons’ devices …
Image copyright Vodafone Adverts for Vodafone broadband have been banned for misleading customers over speeds and reductions in bills. The television and radio ads, featuring actor Martin Freeman, stated: “Vodafone guarantee your home broadband speeds or money off until it’s fixed.” But the Advertising Standards Authority (ASA) upheld complaints – including from rival BT – …
Image copyright Reuters The British Chambers of Commerce (BCC) has lowered its UK growth forecast, and warns by 2020 the economy will have experienced its second-weakest decade. The BCC has lowered its GDP forecast for 2018 from 1.3% to 1.1% and in 2019 from 1.4% to 1.3%. Its forecast for 2020 is unchanged at 1.6% …
Image copyright Eli Zaturanski Image caption The young couple are said to still own 45% of their $160m business The BBC’s weekly The Boss series profiles business leaders from around the world. This week we speak to Jamie Beaton and Sharndre Kushor, founders of online tutoring company Crimson Education. When Jamie Beaton and Sharndre Kushor …