
Lotus to cut 40% of UK workforce but pledges to keep Norfolk factory open
Sports carmaker Lotus will cut up to 550 UK jobs — around 40% of its workforce — as sales slump and tariff uncertainty weigh on Geely-owned…
Harvard alumni and former New York Times journalist. Editor of Business Matters for over 15 years, the UKs largest business magazine. I am also head of Capital Business Media's automotive division working for clients such as Red Bull Racing, Honda, Aston Martin and Infiniti.

Sports carmaker Lotus will cut up to 550 UK jobs — around 40% of its workforce — as sales slump and tariff uncertainty weigh on Geely-owned…

Asda chairman Allan Leighton has urged Chancellor Rachel Reeves to halt further tax hikes, warning that Labour’s policies are fuelling inflation, squeezing retailers and consumers, and…

Former England and Liverpool footballer John Barnes says he has repaid £2.2m to HMRC since 2017 and continues to pay £10,000 a month, rejecting negative media…

The Trump administration has announced that all 55 million current US visa holders will be subject to continuous vetting for potential violations, with visas revoked and…

Classic car specialist Tom Hartley Jnr has finalised the sale of Mansour Ojjeh’s unique 20-strong McLaren collection, including the final McLaren F1 ever built, preserving the…

FT owner Nikkei and The Asahi Shimbun have filed a lawsuit against Perplexity AI, accusing the $18bn US start-up of copyright infringement and “free riding” on…

Billionaire hedge fund manager Sir Chris Hohn has attacked UK and US foreign aid cuts as “cruel” after donating an extra $328m to his Children’s Investment…

Federal Reserve Chair Jerome Powell signalled caution at Jackson Hole, but investors expect a September rate cut as US economic cracks deepen.

The Home Office will challenge a High Court ruling that ordered the closure of the Bell Hotel in Essex, as ministers insist asylum hotel closures must…

Award-winning sales consultant, TEDx speaker and former Dragons’ Den entrepreneur Jules White explains why visibility, resilience and a human-first approach are the keys to thriving in…

King’s College, Cambridge has revealed the 24 startups selected for its first-ever incubator programme, SPARK 1.0, an initiative designed to turn research-backed ideas from students and…

Entrepreneur, investor and former Dragons’ Den star Piers Linney explains why AI will reshape the business landscape faster than cloud computing ever did, how it could…

New analysis shows the UK Home Office refused 664,000 visas in 12 months. Indian, Nigerian, Ghanaian and Pakistani workers face highest rejection rates.

Soho House, the exclusive members’ club chain that has become synonymous with celebrity culture and creative-class networking, is to return to private ownership in a $2.7bn…

Tesla has cut UK leasing costs by nearly half as sales tumble 60% and Chinese rivals like BYD gain ground. With ad hoc discounts and 0%…