Why is Jaguar Land Rover cutting 4,000 jobs? Dominic O’Connell examines what the news of this major reduction means for the future of British car manufacturing.
In this episode of The Business, we break down the decision by Jaguar Land Rover to cut nearly 10% of its UK workforce as the car maker pushes to save £1.7 billion. With automotive output falling to levels not seen since the 1950s in the UK, we ask whether soaring energy costs, Donald Trump's tariffs, and fierce Chinese competition threaten the wider UK economy and long-term economic growth.
Dominic is joined by Oliver Gill, deputy business editor at The Sunday Times, who broke the story, and David Bailey, professor of business economics at Birmingham Business School. Together, they explore whether Jaguar Land Rover can successfully pivot to luxury electric vehicles, how changing government fiscal policy impacts British business, and whether Prime Minister Andy Burnham's pledge to re-industrialise Britain is realistic.
Guests:
Oliver Gill, deputy business editor at The Sunday Times
David Bailey, professor of business economics at Birmingham Business School
Presenter:
Dominic O’Connell, Times columnist and Times Radio business correspondent
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