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European car manufacturers are pivoting toward military vehicle production as defense budgets surge, with Ford, Renault, Volkswagen, and Jaguar Land Rover all pursuing contracts to offset declining civilian auto sales.
The government will allocate over £1bn for social and affordable housing in England as part of its 10-year homes programme, along with increased powers and funding for regional leaders.
As Chancellor John Healey prepares his first Budget, middle-income households report persistent financial strain with no remaining spending cuts available to manage anticipated mortgage increases and rising living costs.
Nationwide building society announced 275 job cuts across its retail and support divisions following its £2.9bn Virgin Money takeover, with no customer-facing staff affected.
Devon businesses are delaying hiring decisions ahead of the Budget on Wednesday, citing increased employment costs from National Insurance contributions and wage increases since 2024.
A study finds that insolvent businesses reacquired by previous management in pre-pack administrations are significantly more likely to fail again and repay substantially less to creditors.
