Business

Aston Martin Lagonda has warned that it will remain loss-making through 2025 after another year of weaker-than-expected sales and further delays to its flagship Valhalla hypercar, sending shares in the British luxury carmaker tumbling. In an unscheduled trading update, the company said it now expects annual sales to fall by nearly 10 per cent and losses to exceed previous forecasts, …

Piers Morgan’s production company has reported turnover of £17.1 million in 2024, as the broadcaster concluded his lucrative three-year deal with Rupert Murdoch’s News UK and began taking Piers Morgan Uncensored global. Newly filed accounts for Wake Up Productions, incorporated in July 2021, show cumulative revenues of £50.3 million over the three-year period — matching reports of Morgan’s £50 million …

If you’ve ever sat in an interview and heard a hiring manager say, “We’re like one big family here,” you might have felt reassured. After all, what could be wrong with a close-knit, supportive workplace? However according to career experts, this phrase often carries a more troubling subtext — one that could point to overwork, blurred boundaries, and even a …

The Department for Education (DfE) has spent more than £170,000 over the past three years to upskill staff in data, artificial intelligence (AI), and digital technologies, as part of the UK government’s broader push to build a digitally confident civil service. The figures, obtained under a Freedom of Information (FOI) request and analysed by the Parliament Street think tank, show …

The UK is on course for a quarter of a million shortfall in skilled tradespeople by 2030, as the current apprenticeship system fails to attract new entrants into key trades such as plumbing, carpentry, and electrical work, according to Screwfix. Chief executive John Mewett warned that the apprenticeship levy “doesn’t work for small businesses,” leaving sole traders — who make …

As a member of Generation X, I grew up in the workplace with a simple rule: if your boss asked you to do something, you said “yes” and got on with it. That was the culture of the time. We didn’t often stop to ask whether the process made sense, or if there was a better way of completing the …

Frasers Group has warned Unite the Union against taking “reckless and irresponsible” industrial action after the trade body threatened strikes across the retailer’s warehouses in a dispute over pay. In a strongly worded letter to Unite general secretary Sharon Graham, Sir Jonathan Thompson, chairman of Frasers Group, said he was “extremely saddened” by what he described as the union’s “inflammatory …

Saudi Arabia has taken a decisive step toward becoming the world’s gaming hub after its $55 billion (£41 billion) acquisition of US game publisher Electronic Arts (EA) — the largest leveraged buyout in corporate history. The deal, orchestrated through the Public Investment Fund (PIF), the kingdom’s $700 billion sovereign wealth fund, gives Crown Prince Mohammed bin Salman control over one …

Electric vehicle (EV) sales in the UK hit a record high in September, boosted by new government subsidies that helped lure more buyers back into the market during the industry’s most crucial month of the year. According to preliminary data from the Society of Motor Manufacturers and Traders (SMMT), sales of battery-powered cars rose by nearly a third compared with …

Morrisons is introducing a new tracking system to monitor how quickly its shop floor staff stack shelves, as the supermarket embarks on a major operational overhaul to improve efficiency and win back shoppers. The new performance monitoring app, which is being rolled out across hundreds of stores, allows managers to see real-time data on staff productivity — including how fast …