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JLR has opened voluntary redundancies as cost pressures intensify nationwide. The carmaker is targeting £1.7bn of savings over two years, while reports of up to 4,000 job losses remain unconfirmed by the company.
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Government plans would substantially simplify reporting obligations across UK companies. Proposals include wider audit exemptions, digital-first shareholder communications, and a solvency-based approach to distributable profits.
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Reform has pledged a substantial rise in personal tax allowances. Robert Jenrick says a Reform government would lift the personal allowance from £12,570 to £15,000 within 100 days, with a longer-term £20,000 ambition.
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VodafoneThree has launched dedicated 5G capacity for business customers nationwide. The network slice separates enterprise traffic from consumer demand and introduces committed performance as a more explicit feature of mobile connectivity.
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Scotland’s regional partnerships have received £52m in new growth funding. Five areas will begin infrastructure, commercial-space, employment, and skills programmes under the first year of a £140m three-year fund.
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FCA research highlights concentrated liquidity risks across alternative investment funds. The regulator’s first market-wide analysis comes as UK-managed alternative assets reach £1.8tn and private credit expands rapidly.
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Revolut has secured conditional approval for a United States bank. The fintech plans to invest about $95m and launch in 2027, subject to further regulatory approvals from US authorities.
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Nearly 660 employers have been named for minimum-wage underpayments nationwide. Around £4m has been returned to 27,000 workers as the new Fair Work Agency takes a more central role in enforcement.
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UK businesses report rising concern about conflict disrupting supply chains. ONS data show geopolitical and shipping risks are substantially more prominent than a year ago, increasing pressure on procurement, transport, and working-capital decisions.
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Apple faces a £2bn UK lawsuit over app tracking rules. Developers allege its privacy framework created unfair competitive restrictions, while Apple says the same requirements apply to its own services.