JP Morgan boss Jamie Dimon warns UK chancellor against bank tax hike
JP Morgan CEO Jamie Dimon has warned UK Chancellor John Healey that raising taxes on banks could threaten investment and employment in the country ahead of an October budget.
Firms scramble for battery power in Spain and Portugal
Spanish and Portuguese firms are rapidly investing in battery storage systems following a major power outage last April, with battery capacity in Spain increasing nearly sevenfold since the blackout.
‘JLR job cuts a cause for uncertainty and worry’
Jaguar Land Rover is cutting 4,000 jobs over two years, primarily at its Coventry headquarters, raising concerns about the company’s future innovation capacity and the West Midlands’ skilled workforce.
Chrystia Freeland negotiated with Trump. Now she’s watching a trade war unfold
Canada has imposed retaliatory tariffs on U.S. goods as trade tensions escalate, with former Finance Minister Chrystia Freeland warning that the U.S. risks alienating longtime allies.
United Utilities fined nearly £1m after discharging raw sewage along Lancashire coast
United Utilities was fined nearly £1 million after illegally discharging raw sewage along Lancashire’s coast in June 2023, affecting seaside communities including Blackpool and contaminating bathing waters.
Trump administration expresses ‘profound concern’ over Ford’s ties to China
The Trump administration expressed concern about Ford Motor’s business relationships with Chinese companies, questioning their impact on U.S. automotive manufacturing and national security interests.