Jessica Clark

1 week ago | msn.com | Jessica Clark

Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.

1 week ago | thisismoney.co.uk | Jessica Clark

The Government will back a £1billion loan to Japanese carmaker Nissan as it undergoes a major restructuring. The struggling auto giant, which operates the UK’s biggest car plant in Sunderland, is planning to close seven factories and cut 20,000 jobs and is looking to raise £5.2billion to keep afloat. The £1billion is guaranteed by UK Export Finance, an arm of the Treasury, and will be seen as safeguarding workers in Sunderland as Nissan cuts its number of plants from 17 to 10 globally.

1 week ago | thisismoney.co.uk | Jessica Clark

The defence industry has called for a state-backed loan scheme worth hundreds of millions of pounds to help ‘frustrated’ firms secure financing. Arms companies, particularly smaller ones in the supply chain, have been blocked from opening bank accounts, getting insurance and borrowing money, a report by trade groups ADS and TheCityUK said. And the Government does not provide enough protection to banks who work with defence companies in the face of protests and vandalism, they added.

1 week ago | msn.com | Jessica Clark

Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.

1 week ago | thisismoney.co.uk | Jessica Clark

Retailers have drastically cut back on hiring after Rachel Reeves’ tax raid battered the High Street. Bleak figures today lay bare the impact of the Chancellor’s Budget policies on jobs. The number of retail vacancies advertised in April tumbled more than 39 per cent compared to a year earlier, research showed. It came after Labour last month imposed a National Insurance hike on employers, which has been described as a tax on jobs.