Ineos Cuts Hundreds of Jobs Amid Debt Struggles
Sir Jim Ratcliffe's Ineos Automotive is cutting hundreds of jobs globally as the carmaker faces mounting debt and pressure from US tariffs. Discover the full story behind the restructuring.
Category : Search result: Ineos Automotive debt
Australian car service delays hit six months amid mechanic crisis
Australian drivers are experiencing unprecedented waiting times for essential car servicing, with some facing six-month delays as the nation's mechanic shortage reaches crisis levels.
Bank of England Warns of Growing Consumer Debt Crisis
Exclusive analysis reveals millions of Britons are struggling with bills and loan repayments as the Bank of England sounds alarm over growing consumer debt crisis.
Illinois wipes out $1bn medical debt for 300,000 residents
Governor JB Pritzker announces revolutionary $10 million medical debt relief programme, set to eliminate bills for nearly 300,000 Illinois residents in one of America's most ambitious healthcare reforms.
JLR refutes government's £15bn support claims
Jaguar Land Rover challenges ministers' assertions about accessing £15bn support package, revealing only £2.5bn was actually drawn in high-stakes automotive industry dispute.
195,000 households get energy debts wiped clean
Major energy debt relief announced as regulator clears £25 million in outstanding bills for vulnerable households across Great Britain. Find out if you're eligible for this financial lifeline.
GM axes 2,300 jobs in Michigan and Ohio plants
General Motors announces massive layoffs across key US manufacturing plants, citing production adjustments for slower-selling vehicles and the industry's rapid shift toward electric vehicles.
Surrey Labour splits over £1.2bn council debt crisis
Exclusive: Labour faces internal division in Surrey as two councils consider breaking away amid government pressure to address catastrophic local authority debt. The political earthquake threatens Starmer's authority in traditional Tory heartlands.
Trump's $7.8 Trillion Debt Bomb Exposes GOP Hypocrisy
Exclusive analysis reveals stunning Republican U-turn on fiscal responsibility as Trump-era policies and pandemic spending drive US debt to unprecedented levels, creating a political minefield for the GOP.
GM axes 200 Michigan tech jobs in strategic shift
General Motors confirms significant workforce reduction at Michigan tech centre amid strategic realignment towards electric and autonomous vehicle development.
US per capita debt surpasses Greece and Italy
Stunning analysis reveals the average American carries more government debt than citizens of European nations notorious for fiscal crises. Discover what this means for global markets.
ATO enlists debt collectors for tax recovery
The Australian Taxation Office has escalated its debt recovery efforts by hiring private debt collectors to pursue billions in outstanding taxes. Learn how this affects taxpayers and what you need to know.
US National Debt Crisis Accelerates at Record Pace
The United States national debt has surged past a terrifying milestone, growing at its fastest pace in history. Experts warn this unprecedented acceleration threatens global economic stability.
Barcelona's £138m Debt Crisis Exposed in Documents
Shocking financial documents expose Barcelona's £138 million debt turmoil as club faces mounting pressure despite recent cost-cutting measures and player sales.
Global South Debt Crisis: Western Inaction Strangling Nations
Exclusive analysis reveals how mounting debt payments are crippling Global South economies while wealthy nations delay meaningful action. Discover the human cost and potential solutions.
Bailiffs visit one UK home every 59 seconds
Shocking new data reveals bailiffs are visiting UK households at unprecedented rates as families struggle with mounting debt and rising living costs.
HMRC gains power to seize money from bank accounts
HM Revenue & Customs gains controversial authority to recover tax debts directly from personal bank accounts without court orders, raising privacy and fairness concerns across Britain.
Global Debt to Hit 100% of GDP by 2029 - IMF
The International Monetary Fund issues stark warning as global government debt is projected to reach 100% of GDP within five years, with the UK facing particularly challenging economic headwinds.
Dalio: US Debt Crisis Could Spark Internal Conflict
Bridgewater founder sounds alarm over America's unsustainable debt levels, drawing parallels to historical periods of great internal conflict
Amorim Emerges as Shock Man Utd Managerial Candidate
Sporting Lisbon's highly-rated manager Ruben Amorim has surprisingly entered the frame to potentially replace Erik ten Hag at Manchester United, as Sir Jim Ratcliffe's INEOS regime conducts a sweeping review of the club's football operations.
Man Utd's Amorim deal collapses - Ratcliffe search continues
Exclusive: Manchester United's pursuit of Sporting Lisbon manager Ruben Amorim has unexpectedly collapsed, leaving Sir Jim Ratcliffe's revolution in limbo as the summer search continues.
Man Utd Crisis: Ratcliffe considers sacking Amorim
Exclusive: Manchester United's new era faces crisis as Sir Jim Ratcliffe weighs terminating Ruben Amorim's management after disastrous start, exposing deep fractures with Glazer family.
Ratcliffe backs Amorim for Manchester United job
Sporting Lisbon boss Ruben Amorim emerges as strong contender for Manchester United job with Sir Jim Ratcliffe's endorsement, reshaping the Red Devils' managerial hunt.
Geraint Thomas: Tour de France fire still burns
Cycling legend Geraint Thomas opens up about his 2025 Tour de France preparations, reflects on his complex relationship with Bradley Wiggins, and shares his thoughts on Mark Cavendish's record-breaking career in this revealing interview.
Man Utd staff face axe in Ratcliffe revolution
Exclusive: Manchester United face significant structural changes as Sir Jim Ratcliffe's INEOS begins implementing cost-cutting measures that could see hundreds of jobs axed at Old Trafford.
UK Government Backs Aston Martin and JLR US Expansion
Two of Britain's most prestigious car manufacturers receive significant government support to boost exports and expand operations in North America, marking a major win for UK automotive industry.
Amorim withdraws from Man Utd manager race
Sporting Lisbon boss Ruben Amorim withdraws from Manchester United managerial consideration, leaving Erik ten Hag's future uncertain amid INEOS overhaul.
Man Utd's Amorim move collapses in shock U-turn
Exclusive: Sporting Lisbon boss Ruben Amorim's Manchester United move dramatically collapses as INEOS performs stunning reversal on Erik ten Hag's future after emergency talks.
Southgate Leapfrogs Amorim as Man Utd's Top Target
Exclusive: Gareth Southgate has leapfrogged Ruben Amorim to become Manchester United's top managerial target as INEOS reshapes their search strategy ahead of summer overhaul.
ATO chases decades-old tax debts from Australians
The Australian Taxation Office is aggressively pursuing taxpayers for debts dating back 20+ years, using new powers to recover money many believed was written off. Thousands face unexpected financial shocks.
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