Volkswagen aims to cut costs by 20% by 2028 in restructuring plan, report says
Plant closures possible as part of German carmaker’s efforts to create resilience in face of competition from China
Trump donor who criticized offshoring to close Ohio plant and move work to China
Workers decried John Paulson’s plan after billionaire painted himself as advocate for domestic manufacturing
Britons feeling ‘dismal’ about finances amid mounting debts, survey finds
Consumer confidence at its lowest level in two years, as young people in particular face money pressures
Lloyds investigating after using staff’s bank account data in pay talks
CEO Charlie Nunn tells employees that issue ‘created some concern’ but insisted ‘we definitely have listened to it’
Royal Mail blames bad weather and sickness for late deliveries
Strain on service means rounds are missed on a daily basis and parcels are prioritised over letters, says report
TikTok creator ByteDance vows to curb AI video tool after Disney threat
Videos created by new Seedance 2.0 generator go viral, including one of Tom Cruise and Brad Pitt fighting
BrewDog sale plan leaves some ‘equity punk’ investors steaming
About 220,000 people could be left empty-handed if a deal prioritises the company’s private equity backer
Rural drivers to face steepest bills under UK’s mileage-based electric vehicle tax
Analysis reveals big regional disparities as critics say Labour’s proposed levy could slow uptake of EVs
Coles offered ‘utterly misleading’ discounts, consumer watchdog argues in federal court case
ACCC alleges the supermarket breached the law by offering ‘illusory’ discounts on many products
Bank of England should cut rates to boost consumer spending, says TUC
Union analysis finds consumers lag behind international peers as some rate-setters remain anxious about inflation
Welsh munitions factory seen as crucial to boosting UK stockpiles and aiding Ukraine is yet to open
Exclusive: Delay at Glascoed is latest setback for armed forces and for UK’s capacity to supply shells to Ukraine
Even amid rising economic uncertainty, now is not the time to hug your job
In a rapidly changing job market, it’s not necessarily good for workers to cling to their current employment
Treasury considering changes to Australia’s contentious tobacco excise, as calls grow for a freeze
The tax has climbed by 60% since 2020 and accounts for three-quarters of the legal cost of a packet of cigarettes
When Starmer picks up G20 baton he has vital chance to act on aid and debt relief
Reclaiming Labour’s internationalist heart could also stop disillusioned voters drifting towards Lib Dems and Greens
Weight-loss race: how switch from injections to pills is expanding big pharma’s hopes
Tablets could make treatment more mainstream, with sector predicted to be worth $200bn by end of the decade