Jaguar Land Rover to axe 500 management jobs

Jaguar Land Rover is to axe up to 500 management jobs in the UK through a voluntary redundancy programme, it has been announced.

By: Jon Robinson

Share - Facebook Share on Facebook

  • X Share on Twitter
  • LinkedIn Share on LinkedIn
  • WhatsApp Share on WhatsApp
  • Email Share on Email

The news comes on the same morning as new figures revealed that Britain’s jobless rate has reached its highest level for four years, as workers also faced another slowdown in wage growth

The Office for National Statistics (ONS) said the rate of UK unemployment increased to 4.7 per cent in the three months to May, from 4.6 per cent in the three months to April.

It said this marked the highest level since June 2021.

Meanwhile, average earnings growth, excluding bonuses, slowed to 5 per cent in the period to May to its lowest level for almost three years.

Read more

Aston Martin tariff hit sinks UK car output to 76-year low

Aston Martin tariff hit sinks UK car output to 76-year low

The figures point towards further pressure in the UK labour market, days after the governor of the Bank of England warned that the Bank is prepared to make larger interest rate cuts if it sees that the job market slowing.

It also comes amid a backdrop of recent weakness in the economy, with UK GDP (gross domestic product) shrinking in both April and May.

ONS director of economic statistics Liz McKeown said: “The labour market continues to weaken, with the number of employees on payroll falling again, though revised tax data shows the decline in recent months is less pronounced than previously estimated.

“Pay growth fell again in both cash and real terms, but both measures remain relatively strong by historic standards.

“The number of job vacancies is still falling and has now been dropping continuously for three years.”

The rise in unemployment is worse than economists had expected, having predicted that the jobless rate would remain at 4.6 per cent for the month.

Nevertheless, average wage growth was slightly higher than the 4.9 per cent predicted by economists.

But the rate of wage growth was still the weakest figure since the three months to June 2022 and represents a drop from a revised level of 5.3 per cent in the three months to April.

Wage growth continues to outstrip inflation, reflecting a rise of 1.8 per cent after taking Consumer Prices Index inflation into account.

Pressure in the labour market for the three months to May comes as firms swallowed significant increases in national insurance contributions and the national minimum wage in April.

Firms have also been impacted by intensifying economic uncertainty after US President Donald Trump launched a new tariff regime in April, leading to heightened global trade tensions.

The figures also showed job vacancies in the UK fell by 56,000 to 727,000 in the three months to June, compared with the previous quarter.

Read more

When is a trade deal not a trade deal?

When is a trade deal not a trade deal?

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe By signing up to our newsletters you agree to the Terms and Conditions and Privacy Policy.

FAQ

Best Casino Work Positions: Data-Driven Guide to Entry Growth and Earning Potential

Dealer: data-driven entry point with earnings and mobility. In a typical casino, dealers earn base wages plus tips that can range from $15 to $35 per hour in many U.S. markets, with top tables and premium hours pushing higher and tip pools boosting overall pay. For example, in larger properties, skilled dealers active during peak shifts can see average total compensation in the $20–$40 per hour range when tips are counted, depending on game variety and player volume.

1670+ Slot Machines at Red Wind Casino: The Ultimate Gaming Experience

Red Wind Casino features more than 1,670 slot machines spread across its spacious gaming floor. This massive selection means you’ll find plenty of options whether you prefer classic three-reel slots, modern video slots, or high-limit machines. The casino’s gaming area covers 46,000 square feet, giving players plenty of room to move around and find their favorite machine without feeling crowded. Located just outside Olympia in Washington at 12819 Yelm Hwy SE, Red Wind Casino serves the South Sound region with its expansive game offerings.

Nisqually Red Wind Casino Ownership: Who Owns It

Who Owns Red Wind Casino? Red Wind Casino is owned by the Nisqually Indian Tribe. This makes it a tribal casino, which means the property is controlled by the tribe rather than by a private company or outside chain. Ownership Details The casino is also known as Nisqually Red Wind Casino and is located in Olympia, Washington. In simple terms, the Nisqually Indian Tribe owns the casino, manages its direction, and benefits from its business operations.

Does Red Dog Casino Pay Real Money? Real-World Payouts and Risks

Red Dog Casino does pay real money to some players, but many reports show that payouts can be slow, incomplete, or even denied under certain conditions. The site lets you deposit using methods like credit cards, bank transfers, and cryptocurrencies, and you can request withdrawals in those same ways, so the basic structure of a real‑money casino is there. Several review sites confirm that small wins are often paid out without major issues, which gives the impression that the casino works like a normal online gambling site.

How to Download WSOP NV

How to Download WSOP NV 1. Visit the WSOP site 2. Locate the download link and click on it 3. When the download completes, run the installation on your device 4. When the installation completes, you can log in with your existing account or register if you do not already have one 5. Make a deposit via the mobile interface to fund your account 6. You will have access to all tournaments and cash games available via the desktop software

This site only collects related articles. Viewing the original, please copy and open the following link:Jaguar Land Rover to axe 500 management jobs

Jackpota Casino Guide: Login, Review and Real Money Information
Latest Articles Popular Articles
Recommended Articles

Concerts & Events at EQC

Catch concerts MMA fights and the Big Game at Emerald Queen Event Center. 20K sq ft space hosts national shows combat sports viewing parties and more! Save up to 20% on tickets at Emerald Queen Shop no taxes/fees. Must be 21+.

Events & Entertainment Calendar

See world-famous entertainers and local talent perform live indoors and outdoors watch the biggest sporting events on TV and experience more can’t-miss fun at The Island.

# Article Title Keyword Article Link Article Details