Aston Martin Lagonda has warned that it will remain loss-making through 2025 after another year of weaker-than-expected sales and further delays to its flagship Valhalla hypercar, sending shares in the British luxury carmaker tumbling. In an unscheduled trading update, the company said it now expects annual sales to fall by nearly 10 per cent and losses to exceed previous forecasts, ...
Democratic Sen. John Fetterman of Pennsylvania, a staunch and unflinching Israel supporter, wants Hamas to accept the peace deal President Donald Trump is aiming to help broker, and is calling out pro-Palestinian protesters for not demanding that Hamas agree to the peace deal. ‘Good morning to everyone except all the protesters who aren’t protesting for Hamas to accept the peace ...
A growing number of lawmakers on both sides of the aisle have declared they’re forgoing their paychecks as the government shutdown drags on. The federal government has been shut down for nearly a week after Senate Democrats rejected Republicans’ plan to fund agencies through Nov. 21 multiple times. Reps. Chip Roy, R-Texas, Ashley Hinson, R-Iowa, Tom Barrett, R-Mich., Mariannette Miller-Meeks, ...
Department for Education ramps up AI and data training as part of UK government digital skills drive
The Department for Education (DfE) has spent more than £170,000 over the past three years to upskill staff in data, artificial intelligence (AI), and digital technologies, as part of the UK government’s broader push to build a digitally confident civil service. The figures, obtained under a Freedom of Information (FOI) request and analysed by the Parliament Street think tank, show ...
The UK is on course for a quarter of a million shortfall in skilled tradespeople by 2030, as the current apprenticeship system fails to attract new entrants into key trades such as plumbing, carpentry, and electrical work, according to Screwfix. Chief executive John Mewett warned that the apprenticeship levy “doesn’t work for small businesses,” leaving sole traders — who make ...
Frasers Group has warned Unite the Union against taking “reckless and irresponsible” industrial action after the trade body threatened strikes across the retailer’s warehouses in a dispute over pay. In a strongly worded letter to Unite general secretary Sharon Graham, Sir Jonathan Thompson, chairman of Frasers Group, said he was “extremely saddened” by what he described as the union’s “inflammatory ...
Saudi Arabia has taken a decisive step toward becoming the world’s gaming hub after its $55 billion (£41 billion) acquisition of US game publisher Electronic Arts (EA) — the largest leveraged buyout in corporate history. The deal, orchestrated through the Public Investment Fund (PIF), the kingdom’s $700 billion sovereign wealth fund, gives Crown Prince Mohammed bin Salman control over one ...
Morrisons is introducing a new tracking system to monitor how quickly its shop floor staff stack shelves, as the supermarket embarks on a major operational overhaul to improve efficiency and win back shoppers. The new performance monitoring app, which is being rolled out across hundreds of stores, allows managers to see real-time data on staff productivity — including how fast ...
Electric vehicle (EV) sales in the UK hit a record high in September, boosted by new government subsidies that helped lure more buyers back into the market during the industry’s most crucial month of the year. According to preliminary data from the Society of Motor Manufacturers and Traders (SMMT), sales of battery-powered cars rose by nearly a third compared with ...
Jaguar Land Rover (JLR) is preparing to inject up to £500 million into its supply chain to prevent a wave of insolvencies among parts makers after a cyberattack brought production to a standstill and left thousands of UK suppliers struggling for cash. The initiative, expected to be finalised within days, will see JLR lend directly to its first-tier suppliers through ...