Category: Business
Canadian Pension Fund Pours £1.7 Billion Into Sizewell C Nuclear Project
La Caisse, Canada's second-largest pension fund, just put £1.7 billion into the UK's Sizewell C nuclear project for a 20% stake. This move boosts a £38bn plan for two EPR reactors, joining stakeholders like the UK government, EDF, Centrica, and Amber Infrastructure. Sizewell C could power millions and help the UK hit its 24 GW nuclear target by 2050.
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Poundland Edinburgh Store Shuts Down Amid £1 Sale and Wave of Closures
Poundland’s large Edinburgh branch is shutting down soon, part of a massive restructuring and sale of the retailer for just £1. This comes as Poundland cuts 200 stores across the UK, shaking up local shopping routines and putting jobs on the line.
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Jaguar Land Rover Halts U.S. Shipments After Tariff Hike Shakes Industry
Jaguar Land Rover has temporarily stopped shipping to the U.S. in response to new tariffs introduced by the Trump administration. These tariffs have resulted in widespread disruptions, causing notable sales challenges for JLR in key markets like North America while also affecting global automotive trade dynamics.
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NatWest Announces Closure of 53 UK Branches Adapting to Digital Banking Surge
NatWest has announced plans to close 53 branches in UK as part of its strategy to respond to changing customer preferences towards mobile and online banking. To support those less familiar with digital banking, NatWest will offer alternatives like mobile, online, and video banking services. Temporary community pop-up sites will be established to assist customers with the transition to these new methods.
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Glasgow Airport Job Fair Draws Thousands Amid Surge in Aviation Careers
Attracting over 2,400 eager job seekers, the Glasgow Airport Jobs Fair showcased a myriad of career opportunities within the aviation industry. Hosted at The Holiday Inn, the event featured more than 1,000 roles from 35 employers. Categories ranged from security to ground handling, with notable companies like FALCK, Swissport, and Jet2. The job fair exemplified Glasgow Airport's role as a major regional employer.
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