Porsche to cut another 5,000 jobs in Germany
Its parent company, Volkswagen, is considering slashing up to 100,000 jobs as Berlin’s energy policies deepen an industrial slump Read Full Article at RT.com
July 2026
HP drops bid to remove manager of Mike Lynch’s £500m estate
HP has dropped its bid to remove Jeremy Sandelson as manager of Mike Lynch's £500m estate, agreeing he stays if the family wins permission to appeal.
EU lifts sanctions on luxury Russian export
The EU has lifted sanctions on Russian sable pelts after pressure from heavily dependent member states, Euractiv has reported Read Full Article at RT.com
Blick Rothenberg: US tariffs make UK more appealing to Japanese firms
US tariffs on Japan, set at 12.5%, may make the UK a more attractive investment base, says Blick Rothenberg, as Japan's June exports rose 19.3 per cent.
East of England growth confidence dips to 83%, KPMG finds
East of England business confidence has fallen to 83% from 86%, KPMG's mid-year Private Enterprise Barometer finds, with 67% prioritising technology.
Retail sales decline slows in July as motor trades rebound, CBI finds
Retail sales volumes fell at a slower pace in July, with the CBI balance at -26% from -54% in June, while wholesale sales stabilised after 25 months.
Heathrow expansion would move 15,200 aviation jobs to London by 2050, NEF says
Heathrow third runway would move 15,200 aviation jobs from the regions to London by 2050, New Economics Foundation analysis of DfT forecasts finds.
Shein swings to $99m loss after US scraps duty-free parcel rule
Shein reported a $99m quarterly loss ahead of its Hong Kong listing, blaming the removal of the US de minimis exemption on parcels worth under $800.
Trump orders 301 investigation into EU over Google’s €890m fine
Trump says the US will open a Section 301 investigation into the EU and is considering a tariff after Brussels fined Google €890m under the DMA.
Burnham rules out early election as poll puts Labour on 209 seats
A new UK Polling Report seat projection puts Labour largest on 209 seats, 117 short of a majority, as Andy Burnham rules out an early election before 2029.