Skip to content
Search

Latest Stories

UK's Jaguar Land Rover to Close Solihull Plant for Two Weeks Amid Sales Slump, Trade War

Britain's biggest carmaker Jaguar Land Rover will close its Solihull plant for two weeks later this month after it reported nearly 50 per cent fall in sales to China as import duties and a trade war with the United States hurt demand.

China's automobile sales have been falling in recent months, with a slowing economy and trade frictions making consumers cautious about spending, an industry body said last month.


"As part of the company's continued strategy for profitable growth, Jaguar Land Rover is focused on achieving operational efficiencies and will align supply to reflect fluctuating demand globally as required," a spokesman said in a statement.

The plant will close for two weeks from October 22. The Unite Union said no jobs would be lost as hours would be banked.

Jaguar Land Rover, which built nearly one in three of Britain's 1.67 million cars in 2017, said last month that another of its factories, Castle Bromwich, will go down to a three-day week from October until the beginning of December.

About 45 per cent of the firm's sales are diesel models, which have been hit by clampdowns and tax rises in some countries as governments try to cut air pollution.

It has also warned about the impact of any Brexit-related loss of free and unfettered trade with the European Union.

Reuters

More For You

Jonathan-Reynolds-Getty

'Free and open trade grows economies, lowers prices and helps businesses to sell to the world, which is why we're cutting tariffs on a range of products,' said business and trade secretary Jonathan Reynolds.

Government reduces tariffs on food and everyday products

THE UK government has announced temporary cuts to import tariffs on nearly 90 products, including items such as pasta, fruit juices and spices. The move is aimed at reducing prices for businesses and boosting economic growth.

The Department for Business and Trade (DBT) said the UK Global Tariff will be suspended on 89 products until July 2027. The changes are expected to save UK businesses around GBP 17 million a year.

Keep ReadingShow less
british-steel-iStock
An aerial view of Steel Plant Industry in Scunthorpe. (Photo: iStock)

Government takes control of British Steel under emergency law

THE UK government has taken control of British Steel after passing emergency legislation to stop the closure of the country’s last factory capable of producing steel from raw materials.

The plant, owned by Chinese company Jingye, was facing imminent shutdown. Prime minister Keir Starmer said the government "stepped in to save British Steel" to prevent its blast furnaces from going out.

Keep ReadingShow less
Bill Gates Encourages Indian Youth to Travel and See Poverty

Gates encouraged young Indians to be curious

Getty

Bill Gates urges Indian youth to travel and witness poverty

Microsoft co-founder Bill Gates has offered meaningful advice to Indian youth, encouraging them to travel more frequently and visit areas where the underprivileged live. Speaking during a podcast appearance, Gates discussed the importance of gaining a real-world understanding of poverty and the challenges faced by those living in disadvantaged conditions.

Gates highlighted that people living in impoverished communities are extremely intelligent but often lack the opportunities needed to succeed. He pointed out that limited access to quality education and healthcare remains a major barrier for many. By visiting and observing these communities firsthand, young people can develop a deeper appreciation of the social inequalities that still exist, he suggested.

Keep ReadingShow less
'India, US finalise terms of reference of trade deal'

Donald Trump shakes hands with Narendra Modi in the Oval Office of the White House in Washington, DC, on February 13, 2025. (Photo by JIM WATSON/AFP via Getty Images)

'India, US finalise terms of reference of trade deal'

INDIA and the US have finalised terms of reference for talks over the first part of a bilateral trade deal, an Indian trade official said, adding it was possible that a "win-win" deal could take shape in the next 90 days.

US president Donald Trump on Wednesday announced a 90-day pause on most tariff hikes for major trading partners including India, while raising levies on China, providing temporary relief for Indian exporters.

Keep ReadingShow less
UK economy rebounds with surprise growth in February

Chancellor Rachel Reeves, speaks during a press conference in the briefing room at Downing Street on March 26, 2025 in London, United Kingdom. (Photo by Ben Stansall - WPA Pool/Getty Images)

UK economy rebounds with surprise growth in February

BRITAINs economy returned to growth with a strong expansion of 0.5 per cent in February, official data showed on Friday (11), beating economists' expectations and showing it was on a slightly firmer footing as it braces for the impact of US tariffs.

The monthly gross domestic product growth was the strongest since March 2024 and beat all forecasts in a Reuters poll of 30 economists, which had pointed to a 0.1 per cent rise. Previous January data showing a small contraction was revised up to show zero growth.

Keep ReadingShow less