Honda and Nissan explore merger amid EV market pressures
Honda and Nissan, two of Japan’s largest carmakers, are reportedly set to begin discussions on a potential merger as they grapple with fierce competition in the fast-evolving electric vehicle (EV) landscape Both companies released near-identical statements confirming that they are exploring
Titanic shipbuilder Harland & Wolff set for £70m rescue deal from Spanish rival
Harland & Wolff, the historic UK shipbuilder famed for constructing the Titanic, is on the brink of a £70 million rescue deal with Spanish state-owned shipbuilder Navantia. The agreement, supported by the British government, is expected to preserve more than 1,000
Barclays faces blow over car finance mis-selling as court upholds ombudsman ruling
Barclays has lost a pivotal legal challenge that strengthens the position of car finance customers seeking compensation for mis-sold loans. In a ruling with far-reaching implications for UK lenders, the High Court rejected the bank’s judicial review of a Financial Ombudsman
UK exporters face £27bn Brexit hit as smaller firms bear the brunt
Smaller UK exporters have been hit hardest by new post-Brexit barriers, contributing to a £27 billion shortfall in goods sales to the European Union since Britain left the bloc’s single market and customs union. Research from the Centre for Economic Performance
UK inflation rises to 2.6% as interest rate decision looms
UK inflation climbed to 2.6% in November, fresh data from the Office for National Statistics (ONS) revealed, exceeding both the Bank of England’s forecast of 2.4% and the 2.3% recorded in October. The surprise jump marks the second consecutive monthly increase,