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Volkswagen Faces Major Test Over Job Cuts and Factory Closures
Volkswagen's supervisory board will review drastic proposals to cut up to 100,000 jobs and close German factories. Unions have organized protests across 18 sites, warning against placing the burden on the workforce.

Marks & Spencer to Showcase at London Fashion Week
Marks & Spencer is set to make its debut at London Fashion Week this autumn, celebrating its 100th anniversary in fashion. The British retailer aims to showcase its designs on a global stage and attract a younger demographic with trend-driven collections.

Marks & Spencer to Showcase at London Fashion Week
Marks & Spencer is joining London Fashion Week this autumn to mark its 100th anniversary in fashion. CEO Stuart Machin aims to transform the retailer into a fashion destination, showcasing designs on a global stage and appealing to younger demographics with trend-driven collections.

UK Students Lose Thousands as Eco Tour Operator GVI Shuts Down
UK students who paid thousands for overseas conservation placements have lost their money after eco tour operator GVI went into liquidation on July 1. The company, which offered volunteer and internship programs, ceased trading, leaving students with no refunds and conservation projects in Africa and South America facing financial uncertainty.

US Stocks Fall Amid Iran Tensions and Fed Rate Hike Concerns
US stock markets declined Wednesday due to ongoing strikes on Iran and Federal Reserve signals of potential interest rate hikes. Brent crude oil surged over 5% to $80 a barrel following Trump's declaration that the Iran-US ceasefire is over.

City regulator seeks to block consumer group over motor finance payouts
The FCA is seeking to dismiss Consumer Voice's legal challenges over motor finance payouts, alleging the group and its solicitors, Courmacs Legal, have not been transparent about their funding and potential conflicts of interest.