8 d. ago UK economy shrinks for second month running in May – business live

UK GDP falls by 0.1% in May, following 0.3% fall in April.US will impose 35% tariffs on Canadian imports, Trump says in letterFTSE 100 hit record high on ThursdayThe pound has dropped against the US dollar, as investors react to this morning’s worse-than-expected GDP report.Sterling has lost a third of a cent to $1.354, a drop of 0.2%.“The economy contracted slightly in May with notable falls in production and construction, only partially offset by growth in services. However, across the latest three months as a whole, the economy still grew. This reflected strength earlier in the year that resulted, in part, from some activity being brought forward to February and March.“May’s fall in production was driven by oil and gas extraction, car manufacturing and the often-erratic pharmaceutical industry. Continue reading...

Economics

9 d. ago BMW worker was fired after bosses authorised secret filming over back pain

Mohamed Kerita, who worked in the firm’s manufacturing factory, suffered with back pain from 2017, the tribunal in Reading heard

Culture

1 week ago BMW secretly followed, filmed and then sacked worker over injury claim

Mohamed Kerita, who worked in the firm’s manufacturing factory, suffered with back pain from 2017, the tribunal in Reading heard.

Events

2 w. ago Economic slowdown linked to global uncertainty amid Trump tariffs – think tank

The Fraser of Allander Institute now expects Scottish economic growth of 0.8% in 2025 and 1.0% in 2026 – a slight downgrade from its April forecasts.

Economics

2 w. ago Trump says without subsidies Musk would have to ‘head back home to South Africa’

‘No more Rocket launches, Satellites, or Electric Car Production, and our Country would save a FORTUNE,’ Trump taunts in his late night tirade

Events

3 w. ago Jobs fears as British legend Lotus could stop making cars in the UK

The company, which is owned by Chinese car-maker Geely, could permanently stop production at the site as soon as next year.

Politics

3 w. ago Business news live: FTSE 100 on the rise, UK car production falls to 70

Stock markets latest updates and business news on Friday

Transport

3 w. ago Business news live: FTSE 100 on the rise, UK car production falls

Stock markets latest updates and business news on Friday

Transport

3 w. ago US tariffs tank UK car production: Car manufacturing suffers worst May since 1949

British car production recorded its worst May in 76 years after US tariffs on foreign-built vehicles stopped shipments and crashed the export market.

Economics

3 w. ago Mercedes' electric family supercar of tomorrow: Concept AMG GT XX hits 224mph and adds 250 miles of range in 5 mins

Previewing a production car due in the next year, the Porsche Taycan rival promises to be a tour de force like nothing else seen in the electric car market.

Events