BMW has confirmed a delay to the reintroduction of electric vehicle (EV) production at its iconic Mini plant in Oxford, blaming a confluence of factors shaping the beleaguered automotive sector. The German carmaker said the decision includes pausing a £600m upgrade of the facility and declining a £60m grant offerContinue Reading
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McDonald’s UK arm is maintaining its diversity, equity and inclusion (DEI) policies, despite its Chicago-based parent company scaling back such initiatives since Donald Trump returned to the White House. While the fast-food giant’s US division scrapped targets for minority representation in senior roles, rebranded its diversity department, and abandoned DEIContinue Reading
Apple has announced plans to spend $500bn (£400bn) and hire 20,000 additional staff in the United States, as it seeks to protect itself from the impact of President Donald Trump’s latest tariffs targeting goods made in China. Tim Cook, Apple’s chief executive, revealed the four-year initiative following a meeting withContinue Reading
British businesses are wrestling with whether to follow their American counterparts in scaling back diversity, equity and inclusion (DEI) programmes, spurred by the second Trump presidency’s rollback of similar initiatives in the United States. New polling by Apella Advisors and Find Out Now suggests that, while the public is divided,Continue Reading
A fresh wave of calls from British business leaders urges the government to tackle mounting workforce ill health, with many firms citing employee absences as a drag on growth. The latest survey from the Good Growth Foundation think tank reveals that more than three quarters (78 per cent) of companiesContinue Reading
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For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails Warren Buffett is seen by many as the greatest investor of a generation, quite possiblyContinue Reading
Aston Martin Lagonda is set to push back its long-held plans for an all-electric range, with new chief executive Adrian Hallmark preparing to announce a revised strategy at the British carmaker’s annual results on Wednesday. Hallmark, who joined last autumn after leading Bentley Motors, is expected to confirm that AstonContinue Reading
Managing payments can be expensive and frustrating. High card fees, chargebacks, and slow settlements eat into profits and disrupt cash flow. That’s where open banking comes in. This new payment technology allows businesses to accept direct bank transfers, cutting out card networks and reducing costs. As adoption grows worldwide, understandingContinue Reading
