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India and the United States are nearing a major trade deal. The agreement, first reported by Mint, would cut U.S. tariffs on Indian exports from about 50% to between 15% and 16% — the most substantial adjustment to trade terms between the two countries in more than a decade.
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Sixty per cent of security leaders see supply chain risks as unmanageable. A new IO study reveals that confidence in cybersecurity response far exceeds real-world resilience, as 61 per cent of organisations suffered third-party breaches in the past year, driving financial losses and customer disruption across the board.
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A new report quantifies Jaguar Land Rover’s cyber losses. The attack’s £1.9 billion economic cost reflects six weeks of halted production and supply-chain disruption across more than 5,000 UK businesses, prompting emergency government support and redefining the financial scale of industrial cyber risk in Britain.
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AI safety platform RAIDS AI has opened its beta phase to new users. The launch follows a pilot focused on real-time detection of abnormal AI behaviour and comes as companies prepare for EU AI Act compliance.
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JCB CEO warns against harmful tax increases in upcoming Budget. Graeme Macdonald expresses concern over potential tax hikes affecting inward investment and British business, joining growing number of business figures voicing concern ahead of November’s budget.
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UK inflation held at 3.8% for the third straight month. Annual consumer price inflation remained unchanged in September, according to the Office for National Statistics — extending a run of above-target readings that continues to test monetary and fiscal policy alike.
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TotalEnergies and Colas renew partnership to decarbonise construction. The collaboration focuses on multi-energy solutions, electric charging infrastructure, and solar power facilities to reduce carbon emissions in the construction sector, supporting TotalEnergies’ and Colas’s decarbonisation goals by 2030….
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Morrisons to close 103 UK outlets to streamline operations. Morrisons will close cafés, florists, pharmacies, and convenience stores to optimise operations amid rising costs and focus on core growth areas. Profit recovery noted, but challenges persist with energy, staffing, and regulatory expenses.
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Allica Bank acquires fintech Kriya to boost SME lending capacity. The acquisition, announced on Wednesday, is Allica’s third, following its purchase of Allied Irish Bank’s SME portfolio and Tuscan Capital. Allica aims for £1bn in working capital finance.
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GHG Protocol launches consultations on Scope 2 guidance updates. The initiative seeks to refine emission reporting methods for purchased electricity, enhancing accuracy and alignment with evolving energy systems. Consultations will remain open until 19 December….