- Jaguar Land Rover is expected to announce up to 4,000 job cuts over two years as part of a voluntary departure scheme.
- Business Secretary Jonathan Reynolds confirmed the UK government will not provide state support to bail out the company.
- The car manufacturer aims to save approximately £1.7 billion over the next two years following production disruptions and a shift toward electric vehicles.
- JLR reported a 9.6 per cent drop in quarterly revenues to £6 billion, with pre-tax profits falling to £109 million from £351 million a year earlier.
- Unite general secretary Sharon Graham called for action to mitigate job losses ahead of planned talks with the government and JLR management.
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