Today’s business news – in the UK and beyond amid concerns about the world’s largest economy and the fall in the Asian, US and UK markets.
Cliff Notes Rachel Reeves must go beyond merely addressing the estimated £22bn public finance black hole or face repeated fiscal challenges, according to the Institute for Fiscal Studies (IFS). UK economic growth was recorded at a modest 0.3% for the three months ending in August, despite claims of being the…
Cliff Notes Manna Aero, an Irish start-up, plans to launch the UK’s first food drone delivery pilot scheme in 2026, pending regulatory approval, with the UK identified as a key market. The company has conducted over 200,000 delivery flights in Dublin, Finland, and Texas using 23kg quadcopters that deliver items…
Cliff Notes ‘I want to create the Nike of lingerie’: How a former singer turned Instagram page into a £17m business Less than 20% of all active UK companies are led by women, and the pace of new business registrations is slowing down. That’s according to analysis of Companies House…
Cliff Notes: JLR is a mess – will it make a u-turn? Jaguar Land Rover (JLR) is initiating a phased restart of manufacturing operations following a cyber attack, with early payments for qualifying suppliers to ease disruptions. The company is set to resume production at several key sites, including its…
Cliff Notes – Takaichi set to become Japan’s first female Prime Minister Japanese stocks, particularly the Nikkei 225 Index, surged by 4.6%, marking a historic high above 46,000 points. The yen depreciated significantly, hitting 149.76 against the dollar and a record low against the euro, following Sanae Takaichi’s election to…