6 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

9 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

10 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

11 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

57 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

57 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 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 ‘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 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 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

2 w. ago Jaguar Land Rover set to restart production five week 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

2 w. ago Aston Martin warns on profits amid US tariffs and seeks ‘proactive support’

Carmaker blames weaker demand on Trump policies amid supply chain pressures after Jaguar Land Rover cyber-attackBusiness live – latest updatesAston Martin has blamed Donald Trump’s tariffs for a profit warning, as the carmaker urged the UK government to offer more “proactive support”.The company, which manufactures its cars in factories in Warwickshire and south Wales, downgraded its profit outlook on Monday for the second time this year. It said that it now expects to make a larger loss than the £110m loss that was the lower end of its profit forecasts. Continue reading...

Events

3 w. ago Jaguar Land Rover secures £2bn credit line after cyber attack

UK carmaker plans to resume manufacturing this week following month-long shutdown

Economics

3 w. ago Jaguar Land Rover secures £2bn emergency credit line after cyber attack

UK carmaker plans to resume manufacturing this week following month-long shutdown

Economics

3 w. ago Jaguar Land Rover to restart 'some vehicle production in coming days' after month

The UK's biggest car maker says it is 'informing colleagues, retailers and suppliers that some sections of our manufacturing operations will resume' this week.

Politics

3 w. ago Jaguar Land Rover to resume some production after major cyber attack

The car manufacturer paused all manufacturing since the start of the month after being targeted by hackers

Events

3 w. ago Jaguar Land Rover to resume production in ‘coming days’ after cyber shutdown

The carmaker has paused all manufacturing since the start of September after being targeted by hackers.

Events

3 w. ago UK government will underwrite £1.5bn loan guarantee to Jaguar Land Rover after cyber

Britain’s largest automotive employer plans to restart engine manufacturing in early October, report saysThe government has said it will underwrite a £1.5bn loan guarantee to Jaguar Land Rover (JLR) as the car maker battles the consequences of a recent cyber-attack.JLR had to suspend production at its UK factories for several weeks after being targeted by hackers with the shutdown expected to last until at least 1 October. Continue reading...

Politics

3 w. ago Jaguar Land Rover cyber attack: Reeves issues £1.5bn loan guarantee to rescue British car maker

Ministers have stepped in to provide an emergency bailout to Jaguar Land Rover after the motor manufacturer was left reeling by a massive cyber attack.

Events