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No bailouts for Jaguar Land Rover amid reports of thousands of job cuts, says minister
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No bailouts for Jaguar Land Rover amid reports of thousands of job cuts, says minister
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Eurometal predicts 300,000 job losses in manufacturing in the rest of 2026 because of expanding competition from China, which is now enjoying a record €1bn-a-day trade surplus with the bloc.
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Big increases in wildfires and heatwaves supercharged by the climate crisis are hindering improvements to air quality around the world, UN experts have said.
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Because growth is the sustainable pathway out of indebtedness into prosperity.
And while Britains growth trajectory has been weak this now must change. This is essential, it is possible, it is central to my purpose as Chancellor.
You ask any economist what growth is ,you’ll get a number. But ask the public and you’ll get a different answer:
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https://www.gov.uk/government/speeches/chancellor-john-healeys-growth-speech-2026
More of the same then…
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“Previous government policies have done nothing to support the automotive sector at all and the writing has been on the wall for a long time, not only here but in Europe as well,” he says.
Specifically, he criticises high labour and energy costs in the UK, as well as policies around EVs. The industry has argued the government’s EV sales targets are too onerous.
Reynolds has refused to rule out watering down government targets for UK automakers to reach 80% zero-emission car sales by 2030, which would lead to a ban on the sale of new petrol and diesel cars by 2035.
Morley says: “If we want to be competitive, we have to have infrastructure that lets us be competitive. We cannot afford to have the energy costs we’ve got, the labour costs we’ve got, the policies around EV that stranglehold the automotive sector.”
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https://www.theguardian.com/business/2026/sep/08/jaguar-land-rover-suppliers-job-cuts
EVs now, emissions controls then. The motor industry could have pretty much written the same words in 1973. It all sounds a bit 'poor me!' and pleading financial hardship.
Ruairidh McVeigh on YouTube has made some really good videos analysing the decades-long collapse of the British motor industry:
Previous government policies have done nothing to support the automotive sector at all
That's a straight out lie!
There have been endless, and almost limitless, bailouts, subsidies and incentives to motor manufacturers across the years
Nissan, Stellantis, BMW-Mini, and many more
They've spent their time producing over-sized, over-complicated, dangerous, and polluting, luxury vehicles.
No wonder people are deciding to buy better and cheaper from abroad
Related enough
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The four-hour documentary, which Gibney filmed over three years, paints a comprehensive portrait of Musk’s rise from software start-up tech bro to engineering entrepreneur selling rockets and electric cars to Maga acolyte.
“What I discovered was that the story of Musk was not a new tech story,” said Gibney. “But his story is the story of an old wine in a new bottle. His story turns out to be the story of the confidence man, the stock pumper. His wealth and power comes from inflating stock.”
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https://www.theguardian.com/film/2026/sep/08/elon-musk-ashley-st-clair-documentary-venice
Ummm. This is 2023?
Oops
Deleted
Had been looking for something else…!
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