Politics

Brexit could put tens of thousands of Jaguar Land Rover jobs at risk and cost the company £1.2 billion, chief executive Ralf Speth has warned. Speaking to Sky News he highlighted that the company depends on “free, frictionless, seamless logistics", which could come under threat if the right deal is not struck. Speth told the prime minister that the company’s factories faced grinding to a halt if she failed to reach an agreement with Brussels, describing the prospect of a...

If the UK does not mange to agree a deal with the EU,over Brexit, it could lead to tens of thousands UK motor industry jobs being lost. These worrying forecasts come from Ralf Speth, chief exec of Jaguar Land Rover. Speth made these comments at the zero emissions summit in Birmingham. He told Sky News: "Just one part missing could mean stopping production at a cost of £60m a day. That is a huge risk. We depend on free, frictionless,...

These are turbulent times and the Governor of the Bank of England is going to extend his period in the role before stepping down. He will now remain in post until January 2020. Carney said in a letter to UK treasury chief Philip Hammond. "I recognise that during this critical period, it is important that everyone does everything they can to support a smooth and successful Brexit," Carney is the first foreigner to run Britain's central bank, and was appointed...

Now it is the time for the confectionary market to share its concerns over a hard Brexit. Cadbury’s have said they are stockpiling ingredients, biscuits and chocolates to deal with the fall out from a no-deal Brexit. Hubert Weber, the European boss of its owner Mondelez, said the UK was "not self-sufficient in terms of food ingredients". Mr Weber told The Times: "Like the whole of the food and drink industry in the UK, we would prefer a good deal that...

The UK public spending watchdog have said that Ministers are not aware of the impact of funding cuts on the police service. The National Audit Office called the approach to funding the police force are “detached” and “ineffective” from the demands that law and order staff face on a daily basis. The spending watchdog felt that the loss of 45,000 police officers had not been dealt with properly by the Home Office, and they had not thought through how this...

“With the workload of MPs set to rise after Brexit, with thousands of pieces of important legislation expected to come through parliament, it would be utterly ludicrous to go ahead with these boundary changes.”

Trades Union Congress general secretary Frances O’ Grady today called for working weeks to be cut to four days as technological advances increase efficiency. Rather than a threat to their jobs, technology should be a way to let British workers have a better work life balance and spend more time with their families, the TUC boss believes. Addressing the TUC congress this week O’Grady warned that for too long now the multinationals that have benefitted the most from new technology...

Next day deliveries could become a thing of the past due to warehouse labour shortages after Brexit. EU nationals make up more than 20 per cent of the workforce in 18 industries, exclusive official figures show And a third of warehousing and storage workers are EU nationals. GMB warned today that next-day-deliveries could become a thing of the past unless employers improve wages and conditions after Brexit. In the economy as a whole, EU nationals’ share of the workforce rose...

"He knows he's fucked up massively."