00:0Why is Jaguar Land Rover cutting 4,000 jobs? Dominic O’Connell examines what these reductions mean for the future of British car manufacturing.
In this episode of The Business, we break down the decision by Jaguar Land Rover to cut around 10% of its UK workforce as the carmaker 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 reindustrialise 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
Producer: Hope Federico
Executive Producers: Emily Leahy and Miriam Hall
Video Producer: Bronwen Latham
Image: Getty
00:00:00 - The JLR Job Cuts & UK Auto Crisis
00:00:54 - Breaking the Story: JLR's 4,000 Layoffs
00:05:38 - Tata, Jaguar's Pivot, and Midland's Economy
00:10:00 - Strategic Missteps & Squeezed Luxury Markets
00:14:33 - High Energy Costs & Moving Production Overseas
00:18:24 - Why UK Car Production Has Halved Since 2016
00:25:41 - The Future of British Manufacturing & Industrial Strategy
Get in touch: thebusiness@thetimes.comRead the best of our journalism: https://www.thetimes.com/
Subscribe to The Times and The Sunday Times YouTube channel: https://www.youtube.com/subscription_...
Find us on Facebook: Facebook: timesandsundaytimes
Find us on X: https://x.com/thetimes
Find us on Instagram: Instagram: thetimes
00:0Why is Jaguar Land Rover cutting 4,000 jobs? Dominic O’Connell examines what these reductions mean for the future of British car manufacturing.
In this episode of The Business, we break down the decision by Jaguar Land Rover to cut around 10% of its UK workforce as the carmaker 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 reindustrialise 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
Producer: Hope Federico
Executive Producers: Emily Leahy and Miriam Hall
Video Producer: Bronwen Latham
Image: Getty
00:00:00 - The JLR Job Cuts & UK Auto Crisis
00:00:54 - Breaking the Story: JLR's 4,000 Layoffs
00:05:38 - Tata, Jaguar's Pivot, and Midland's Economy
00:10:00 - Strategic Missteps & Squeezed Luxury Markets
00:14:33 - High Energy Costs & Moving Production Overseas
00:18:24 - Why UK Car Production Has Halved Since 2016
00:25:41 - The Future of British Manufacturing & Industrial Strategy
Get in touch: thebusiness@thetimes.comRead the best of our journalism: https://www.thetimes.com/
Subscribe to The Times and The Sunday Times YouTube channel: https://www.youtube.com/subscription_...
Find us on Facebook: Facebook: timesandsundaytimes
Find us on X: https://x.com/thetimes
Find us on Instagram: Instagram: thetimes