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Jaguar Land Rover to axe 500 UK management jobs as Trump tariffs fallout dents sales

www.silverguide.site – British carmaker to offer voluntary redundancy to managers after 15.1% sales drop in three months to June…
Jaguar Land Rover to axe 500 UK management jobs as Trump tariffs fallout dents sales

London-Berlin trains on the drawing board for UK-German rail taskforce

www.silverguide.site – Chance of direct services reignites hopes for better rail links across Europe as Starmer and Merz pledge to sign bilateral treaty…
London-Berlin trains on the drawing board for UK-German rail taskforce

UK unemployment rises and wage growth slows as jobs market ‘weakens’

www.silverguide.site – ONS data shows jobless rate climbing to highest rate since June 2021 with growth in average earnings slowing to 5%…
UK unemployment rises and wage growth slows as jobs market ‘weakens’

Frasers Group sales fall amid ‘challenging’ luxury market and retreat from gaming

www.silverguide.site – Pre-tax profits fall 24% despite rise in Sports Direct sales, driven by closures of House of Fraser and Game stores…
Frasers Group sales fall amid ‘challenging’ luxury market and retreat from gaming

Rise in unemployment shows UK jobs market is cooling, but it is not collapsing

www.silverguide.site – Despite latest poor data wage growth remains resilient, and there are ‘signs of confidence returning’…
Rise in unemployment shows UK jobs market is cooling, but it is not collapsing

Reform’s anti-renewables stance ‘putting jobs and energy bills at risk’

www.silverguide.site – Industry says party’s threat to strip wind and solar subsidies if it enters power undermines national interest…
Reform’s anti-renewables stance ‘putting jobs and energy bills at risk’

Debra Crew couldn’t shift Diageo’s post-Covid hangover

www.silverguide.site – The firm still has the potential to be great again, but her long-term vision felt too blurry…
Debra Crew couldn’t shift Diageo’s post-Covid hangover

Trump privately indicates he may soon fire Fed chair Jerome Powell

www.silverguide.site – The US president denies he would dismiss the Federal Reserve head after reportedly drafting letter to sack him…
Trump privately indicates he may soon fire Fed chair Jerome Powell

Rachel Reeves warned by City grandees not to weaken banking safeguards

www.silverguide.site – Chancellor’s plan to slash red tape could raise financial risks and do little to help households, say architects of UK’s post-2008 reforms…
Rachel Reeves warned by City grandees not to weaken banking safeguards

Ad agency WPP asked to work on campaign nudging UK savers to invest in shares

www.silverguide.site – Exclusive: City-funded campaign is endorsed by government, and aims to increase financial risk-taking in effort to spur growth…
Ad agency WPP asked to work on campaign nudging UK savers to invest in shares

Diageo CEO steps down after drink firm’s lacklustre performance

www.silverguide.site – Debra Crew’s tenure marked by shock profits warning, adverse global consumer trends and investor disquiet…
Diageo CEO steps down after drink firm’s lacklustre performance

Aldi is trialling grocery delivery in Australia. We put it to the test against Coles and Woolworths

www.silverguide.site – Here’s how the German-owned supermarket chain’s online shopping trial with DoorDash compares with other options when it comes to prices…
Aldi is trialling grocery delivery in Australia. We put it to the test against Coles and Woolworths

Diageo CEO Debra Crew steps down; UK inflation rises to 18-month high of 3.6% – as it happened

www.silverguide.site – Crew leaves after investor disquiet over company’s lacklustre performance; UK food prices rise most since February 2024 but economists still expect August rate cut…
Diageo CEO Debra Crew steps down; UK inflation rises to 18-month high of 3.6% – as it happened

Co-op boss admits all 6.5m members had data stolen in cyber-attack

www.silverguide.site – CEO Shirine Khoury-Haq says hackers stole contact details of all members but not financial data such as card numbers…
Co-op boss admits all 6.5m members had data stolen in cyber-attack

UK inflation rises unexpectedly to 3.6% driven by food and fuel prices

www.silverguide.site – Annual increase in June follows warnings about increase in employment taxes leading to job cuts and higher prices…
UK inflation rises unexpectedly to 3.6% driven by food and fuel prices

Barclays fined £42m over poor handling of financial crime risk

www.silverguide.site – FCA fines bank for failures relating to money-laundering risk linked to two businesses…
Barclays fined £42m over poor handling of financial crime risk

UK inflation rise makes it clear: the cost of living crisis has not gone away

www.silverguide.site – Analysts say pressure will be on Bank to keep interest rates higher for longer, as consumers’ mood stays gloomy…
UK inflation rise makes it clear: the cost of living crisis has not gone away

As Optus Sport closes, subscription refunds are on their way – by cheque

www.silverguide.site – Optus says cheque refunds are not standard practice but are implemented ‘where electronic banking is unavailable’…
As Optus Sport closes, subscription refunds are on their way – by cheque

Tread carefully with reform of bank ringfencing, chancellor | Nils Pratley

www.silverguide.site – Ditching the regulation in its entirety risks another financial crisis. Stamp duty on shares remains the background drag…
Tread carefully with reform of bank ringfencing, chancellor | Nils Pratley

JP Morgan chief defends independence of Fed chair amid Trump attacks

www.silverguide.site – Jamie Dimon cautions against interference as treasury secretary says process to replace Jerome Powell has begun…
JP Morgan chief defends independence of Fed chair amid Trump attacks
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