Date: 5 September 2026 Tags: Business, Automotive, Jobs, UK Economy Summary: Jaguar Land Rover has opened a voluntary redundancy programme for salaried and management employees. JLR says it needs to save approximately £1.7bn over the next two years. Reports suggest as many as 4,000 jobs could go, although JLR has not confirmed a figure. The company cited changing global market conditions and the need to improve efficiency and resilience. JLR employs approximately 30,000 peopl

Date: 4 September 2026 Tags: Energy, Environment, UK Economy, North Sea Summary: The government is expected to approve the Jackdaw gas field off Aberdeen, potentially by mid-September. Jackdaw was approved in 2022, but a Scottish court later ruled the approval process unlawful. The court found the government had not adequately considered emissions produced when the extracted gas was ultimately burned. Operator Adura says Jackdaw could provide 6% of UK gas production at peak o

Date: 3 September 2026 Tags: Energy, Cost of Living, UK Economy, Iran Summary: UK households face potentially higher winter energy bills as European countries seek to replenish depleted natural gas reserves. European wholesale gas prices exceeded €75/MWh, their highest level since late 2022. UK gas prices surpassed 185p per therm this week, also reaching their highest since late 2022. Renewed US-Iran fighting has increased concerns that disruption to the Strait of Hormuz will

Date: 3 September 2026 Tags: UK Economy, Cost of Living, Regional Inequality, Politics Summary: A PwC report found 46% of Britons live where economic growth is not translating into improved living standards. Every region in northern England, the Midlands and Wales recorded spending power below the UK average. Yorkshire and the Humber was £1,917 below the average annual household disposable income of £23,371. Wales was £1,754 below average, while the North East was £1,542 belo

Why this matters: The move aims to preserve the UK’s domestic virgin steel production capacity and protect strategic industrial infrastructure. Date: 11 May 2026 Tags: Business, Politics, Manufacturing, UK Economy Summary: Prime Minister Keir Starmer announced plans to bring British Steel into public ownership. Legislation will be introduced to allow the government to take full ownership of British Steel. The move follows government intervention at the Scunthorpe steelworks i

Why this matters: High energy costs risk reducing productivity and global competitiveness of UK industry. Investment shortfalls could slow economic growth. Date: 1 April 2026 Tags: UK Economy, Industry, Energy, Business Summary: A think tank warns high energy costs are weakening UK industrial competitiveness. UK factory workers have access to 47% less equipment than international peers. A wider 38% “capital gap” exists across the UK economy. High energy costs are linked to lo