Business News
- US to invest £150bn in UK, promising thousands of jobsThe UK government is calling this the largest commercial deal of its kind and expects it to create more than 7,600 "high-quality jobs".
- Fed Reserve cuts interest rates but cautions over stalling job marketThe Federal Reserve makes its first cut to interest rates since 2024, and signals more to come.
- Food prices continue to surge as inflation remains at 3.8%While UK inflation held steady in August, the pace of price rises for food surged, increasing cost of living pressures.
- JLR supply chain staff told to apply for universal credit, union claimsStaff are being laid off with "reduced or zero pay" following a cyber attack, which has forced the carmaker to shut down, Unite union claims.
- Nvidia boss says UK will be 'AI superpower' as tech firms invest billionsMicrosoft, Google and Nvidia have announced investments as part of a £31bn UK-US "Tech Prosperity Deal".
- End of the road for manual drivers? More learners opt for automatics in testsThe UK's 2030 ban on the sale of new petrol and diesel cars is said to be driving the trend.