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Business News
- Ferrari wanted to take on Chinese EVs with the Luce - then the backlash startedThe brand's first EV has been heavily criticised, with some saying it has abandoned Ferrari's roots.
- Only three-quarters of first class mail delivered on timeRoyal Mail says its service is improving and that it is on track to hit the regulator Ofcom's reduced targets
- Universal rejects billionaire Bill Ackman's takeover bid The music giant said Pershing Square's offer fundamentally undervalued the business.
- Top UK chefs call for cutting VAT for pubs and restaurants to 10%Tom Kerridge, Yotam Ottolenghi, Ravneet Gill and Simon Rogan told BBC Newsnight VAT should be halved to ease mounting pressure on the hospitality industry.
- Opportunities shrinking for too many young people, says major report on 'lost generation'A report warns the number of 16 to 24-year-olds out of work, education or training is set to rise to 1.25 million by 2031.
- Humanoid robots 'the future' of car making, says BMWBMW is introducing humanoid robots to a car plant in Europe, building on similar projects in the US.
