45 h. ago New Jaguar Land Rover boss stands firm against criticism of Jaguar's divisive rebrand following Trump's 'seriously woke' accusation

Incoming CEO PB Balaji gave a resolute response when asked about the POTUS' comments, claiming that the car maker has seen a positive response to its new image.

Economics

4 d. ago Jaguar Land Rover sees profits almost halve after US tariff hit

The luxury car maker reported a 49.4% plunge in underlying pre-tax profits to £351 million in its first quarter to the end of June.

Economics

7 d. ago Tesla’s UK sales fall almost 60% in July; Trump attacks ‘woke’ JLR as it announces new boss – business live

Rolling coverage of the latest economic and financial newsNewsflash: The UK’s financial regulator has decided to fine former star fund manager Neil Woodford and his investment management company nearly £46m, over the collapse of his popular equity fund.The Financial Conduct Authority says it has decided to fine Woodford £5,888,800 and ban him from holding senior manager roles and managing funds for retail investors.‘Being a leader in financial services comes with responsibilities as well as profile. Mr Woodford simply doesn’t accept he had any role in managing the liquidity of the fund.The very minimum investors should expect is those managing their money make sensible decisions and take their senior role seriously. Neither Neil Woodford nor Woodford Investment Management did so, putting at risk the money people had entrusted them with.’ Continue reading...

Economics

8 d. ago Trump attacks ‘seriously woke’ Jaguar Land Rover as company names new CEO

US president claims Britain’s largest carmaker is ‘in absolute turmoil’ and criticises firm’s rebrandBusiness live – latest updatesDonald Trump has attacked Jaguar Land Rover’s divisive rebranding strategy, hours after Britain’s largest carmaker announced its new boss.Trump posted on his Truth Social platform that the auto company, owned by India’s Tata Motors, was “in absolute turmoil” and claimed that the “CEO resigned in disgrace”. Continue reading...

Politics

8 d. ago BP launches fresh costs review; Trump attacks ‘woke’ JLR as it announces new boss – business live

Rolling coverage of the latest economic and financial newsOvernight, UK luxury-car maker Jaguar Land Rover has named a new CEO – winning a blast from Donald Trump.JLR named P B Balaji, the finance boss of parent company Tata Motors, as its new chief executive, increasing the Indian owner’s influence over the company.The CEO just resigned in disgrace, and the company is in absolute turmoil. Who wants to buy a Jaguar after looking at that disgraceful ad.Shouldn’t they have learned a lesson from Bud Lite, which went Woke and essentially destroyed, in a short campaign, the Company. Continue reading...

Economics

8 d. ago Jaguar Land Rover names Tata Motors CFO as new chief executive

P.B. Balaji will take on the tricky task of navigating JLR towards an all-electric vehicle line up

Politics

8 d. ago Donald Trump claims Jaguar Land Rover is in 'absolute turmoil' after 'totally disastrous woke' rebrand

The US President labelled the British car maker's recent advert, which featured brightly dressed models, as a 'total disaster' and 'stupid'.

Politics

3 w. ago Business news: Jaguar Land Rover announces job losses, Barclays cuts mortgage rates as low as 3.75%

Stock markets updates, business and money news from Friday

Economics

3 w. ago Business news live: Jaguar Land Rover announces job losses, Barclays cuts mortgage rates as low as 3.75%

Latest stock markets updates, business and money news on Friday

Economics

3 w. ago Business news live: Jaguar Land Rover to cut jobs, Marks & Spencer give staff extra discount

Latest stock markets updates, business and money news on Friday

Society

3 w. ago 'Woke' Jaguar Land Rover joins UK jobs bloodbath just two months after Starmer boasted of 'saving' staff... as unemployment hits four

The UK unemployment rate has risen to a four-year high, going from 4.6 per cent in the three months to April to 4.7 per cent in the three months to May.

Events

3 w. ago Jaguar Land Rover joins UK jobs bloodbath just two months after Starmer boasted of 'saving' staff... as unemployment hits four

The UK unemployment rate has risen to a four-year high, going from 4.6 per cent in the three months to April to 4.7 per cent in the three months to May.

Events

3 w. ago Jaguar Land Rover cutting up to 500 UK jobs as Trump’s trade tariffs bite

The car maker said around 1.5 per cent of its UK workforce would be affected by the job cuts, which are going as part of a voluntary redundancy programme

Politics

3 w. ago Jaguar Land Rover to axe 500 UK management jobs as Trump tariffs fallout dents sales

British carmaker to offer voluntary redundancy to managers after 15.1% sales drop in three months to JuneUK unemployment rises as jobs market ‘weakens’Business live – latest updatesJaguar Land Rover has said it will axe up to 500 management jobs in the UK, after the carmaker reported a plunge in sales linked to Donald Trump’s tariffs.The British luxury car manufacturer said about 1.5% of its staff in the UK would be affected by the job cuts as part of a voluntary redundancy round for managers. JLR, which is owned by India’s Tata Motors, employs 33,000 people in the UK. Continue reading...

Politics

3 w. ago British car giant to axe 500 jobs as UK unemployment rate hits four

Jaguar Land Rover has said it is to axe up to 500 management jobs in the UK through a voluntary redundancy program, as the unemployment rate hit a four-year high

Events

3 w. ago Jaguar Land Rover announce mass management redundancies: Firm to axe 500 roles after 'woke' rebrand

The car marker said 500 managerial jobs would be cut, saying it would offer voluntary redundancies.

Economics

3 w. ago Jaguar Land Rover announce mass management redundancies: Firm says it will axe 500 roles after woke rebrand

The car marker said 500 managerial jobs would be cut, saying it would offer voluntary redundancies.

Economics

3 w. ago Jaguar Land Rover announce mass management redundancies: Firm says it will axe 500 roles after woke rebrand

The car marker said 500 managerial jobs would be cut, saying it would offer voluntary redundancies.

Economics