17 h. ago Wall Street hits record highs after US inflation report fuels interest rate cut hopes – business live

US consumer prices rose by less than expected last month, as markets digest breakdown of trade talks with CanadaUS prices rose at a 3% annual rate in September, slightly beating forecastsNewsflash: Conditions appear to be improving in the UK economy this month.The latest poll of purchasing managers at British firms has found that growth is picking up after the lull in September, partly helped by the resumption of manufacturing at Jaguar Land Rover after its recent cyber attack.“October’s flash UK PMI survey brings hope that September was a low point for the economy from which business conditions are starting to improve.Output has picked up, with a particularly welcome return to growth for manufacturing for the first time in over a year accompanied by an upturn in demand for services, notably among consumers. Business confidence has also brightened slightly, job losses have moderated, and inflationary pressures are coming back to levels consistent with the Bank of England’s 2% target...

Economics

21 h. ago Business conditions ‘starting to improve’ in UK economy as activity picks up – business live

Rolling coverage of the latest economic and financial newsNewsflash: Conditions appear to be improving in the UK economy this month.The latest poll of purchasing managers at British firms has found that growth is picking up after the lull in September, partly helped by the resumption of manufacturing at Jaguar Land Rover after its recent cyber attack.“October’s flash UK PMI survey brings hope that September was a low point for the economy from which business conditions are starting to improve.Output has picked up, with a particularly welcome return to growth for manufacturing for the first time in over a year accompanied by an upturn in demand for services, notably among consumers. Business confidence has also brightened slightly, job losses have moderated, and inflationary pressures are coming back to levels consistent with the Bank of England’s 2% target. Continue reading...

Economics

21 h. ago UK business activity improves as manufacturing returns to growth

The S&P Global flash UK composite purchasing managers’ index reported a reading of 51.1 in October, rising from 50.1 in September.

Economics

22 h. ago Business condition ‘starting to improve’ in UK economy as activity picks up – business live

Rolling coverage of the latest economic and financial newsNewsflash: Conditions appear to be improving in the UK economy this month.The latest poll of purchasing managers at British firms has found that growth is picking up after the lull in September, partly helped by the resumption of manufacturing at Jaguar Land Rover after its recent cyber attack.“October’s flash UK PMI survey brings hope that September was a low point for the economy from which business conditions are starting to improve.Output has picked up, with a particularly welcome return to growth for manufacturing for the first time in over a year accompanied by an upturn in demand for services, notably among consumers. Business confidence has also brightened slightly, job losses have moderated, and inflationary pressures are coming back to levels consistent with the Bank of England’s 2% target. Continue reading...

Economics

23 h. ago Car production plunged in September as the UK's motor manufacturing sector reeled from Jaguar Land Rover's cyber attack shutdown

The motor manufacturing trade body said on Friday that JLR's unscheduled production stoppage linked to the cyber breach has put the sector under 'immense pressure'.

Events

69 h. ago JLR cyber attack 'most financially damaging ever to hit the UK'

The car manufacturing giant was forced to stop production for five weeks

Events

69 h. ago The City must be protected from the malign threat posed by cyber crime

City of London Police coordinates the national response against fraud

Events

2 d. ago Jaguar Land Rover hack cost UK economy £1.9bn, report claims

The Cyber Monitoring Centre estimated the financial impact of the JLR cyberattack reached £1.9bn and affected over 5,000 organisations.

Economics

3 d. ago Hackers are now a serious risk to patients' lives as NHS records the first death due to a cyber crime

Heathrow Airport, Marks & Spencer, Jaguar Land Rover, the British Library. These are some of the leading UK companies and institutions that have fallen victim to cyber crime in the past couple of years.

Events

5 d. ago Volvo's gone from sensible to cool: We review the new Volvo XC90 and EX30 Cross Country

Volvo is pushing to be the upmarket car maker of choice, embodying countryside cool. Do the XC90 SUV and EX30 Cross Country SUVs hit that mark? Freda Lewis-Stempel finds out.

Politics

1 week ago China and Russia posing ‘significant threat’ to UK in cyberspace, NCSC warns

The National Cyber Security Centre faced a record number of nationally significant incidents in 2024-25.

Events

2 w. ago First Brands boss weighs resigning under pressure from lenders

Car parts maker’s rapid downfall has raised concerns of widespread losses on Wall Street

Economics

2 w. ago AI will ‘pain whole swathe of UK economy before providing net benefit’

The greatest AI-driven cyber threat is its ability to find weak spots in digital spaces, the CTO of the National Cyber Security Centre has said.

Politics

2 w. ago Jaguar Land Rover resumes vehicle production following cyberattack

Operations had been suspended for more than a month following the significant hack

Events

2 w. ago Jaguar Land Rover ‘back to doing what we do best’ after major cyber attack

The British car maker welcomed back 1,000 employees to its engine plant in Wolverhampton on Wednesday.

Events

2 w. ago Jaguar Land Rover to restart car assembly lines in days following five

Key areas of the Solihull production plant - such as its body shop, paint shop and its logistics operations centre - will restart Wednesday. Car outputs will commence shortly after.

Politics

2 w. ago Jaguar Land Rover issues major update after crippling cyberattack

The carmaker has struggled to recover from a cyberattack

Events

2 w. ago Jaguar Land Rover to restart UK production after devastating cyber attack

Tata-owned carmaker agrees new financing scheme to ease cash crunch for suppliers hit by shutdown

Events

2 w. ago JLR to resume production from Wednesday following cyber attack

The car maker was forced to pause production from the start of September due to a damaging hack.

Events

2 w. ago Jaguar Land Rover set to restart production five weeks on from crippling cyber attack

Manufacturing processes will resume today at JLR's engine factory in Wolverhampton, it has been reported. It comes more than a month after staff were forced to down tools.

Events