APJRF

Jaguar Land Rover announces it is cutting 450 jobs, including 300 managers, due to “severe reduction in demand”.

Full Article

A plan to guarantee up to £20bn of loans to small and medium-sized firms to help them survive the downturn is unveiled.

Full Article

The biggest record shop in New York, the Virgin Megastore in Times Square, is to close in April.

Full Article

Up to 240 jobs are under threat at pharmaceutical firm Pfizer’s research and development site in east Kent.

Full Article

Airbus builds a new factory in France to assemble the wide-bodied A350 - the wings of which will be made at Filton near Bristol.

Full Article

A third of employees at Seagate in Londonderry are to have their pay cut by 10% in a bid to cut costs.

Full Article

A 200-year-old Derbyshire pottery firm is talking to union leaders about cutting back its workforce.

Full Article

Shares in transport firm FirstGroup fall 12% after it says revenues at its North American Greyhound bus business have fallen.

Full Article

Standard Chartered Bank chairman Mervyn Davies becomes a life peer and joins Gordon Brown’s government.

Full Article

Deutsche Bank says it lost 4.8bn euros in the last quarter and warns of a full-year loss for 2008.

Full Article