Business
Sports car maker Lotus plans to cut up to 550 jobs at Norfolk factory

Sports car maker Lotus has announced restructuring plans which could cut up to 550 jobs at its UK factory in Norfolk.
The carmaker said the decision comes at a time of uncertainty for the sector amid Donald Trump’s tariff hikes in the US.
The company has launched a consultation process to determine how many roles out of the around 1,300-strong workforce at the factory will be affected.
The UK headquarters, based in Hethel, has been the home of the sports car’s production since 1966.
Under the proposals, roles across divisions including engineering, manufacturing, and supporting services will be affected.
A spokeswoman for the group said: “The proposal is designed to enable Lotus Cars to operate with a flexible and agile business model, allowing it to ramp operations and resources in line with demand, as and when needed.
“We believe this is necessary in order to secure a sustainable future for the company in today’s rapidly evolving automotive environment, which is seeing uncertainty with rapid changes in global policies, including tariffs.”
A trade deal between the UK and the US reduced tariffs on UK-made vehicles exported to America from 27.5% to 10% from June 30.
But it remains higher than the 2.5% levy on UK cars that was in place before Mr Trump’s “liberation day” tariff announcements.
Lotus added that restructuring was “vital to enhancing our future competitiveness in the market”.
It said: “The brand remains fully committed to the UK, and Norfolk will remain the home of the Lotus sports car, motorsports and engineering consulting operations.
“It is actively exploring future growth opportunities to diversify Lotus Cars’ business model, including through third-party manufacturing.”
In June, Lotus said it had “no plans” to close the factory following reports that Chinese owner Geely was proposing to shut its UK operations.
Reports had said the company was considering the closure in favour of a new plant in the US.
A spokesman for the Government’s Department for Business and Trade (DBT) said: “We recognise carmakers such as Lotus have been facing significant long-term challenges and we know this announcement will be concerning for workers and their families.
“This Government inherited some of the highest industrial energy prices in the world, while businesses most impacted by global tariffs have faced increased pressures.”
The DBT added that it had “secured landmark trade deals, including our deal with the US that saved thousands of jobs in Britain”.
Business
Disney+ cancellations soar after Jimmy Kimmel suspension

Danielle KayeBusiness reporter

Disney+ and Hulu cancellations rates doubled in September after TV host Jimmy Kimmel was briefly taken off air, suggesting the move may have hurt the entertainment giant financially.
Data from analytics firm Antenna shows Disney+’s so-called churn rate – the percentage of subscribers who cancel each month – jumped from a 4% average to 8%, which equates to about three million cancellations, while Hulu’s rose to 10% or more than 4 million.
Disney suspended Kimmel after comments he made about the shooting of Charlie Kirk, following pressure from a federal regulator. The decision sparked free speech debates.
ABC, which airs Jimmy Kimmel Live, reinstated him within a week after a backlash.
Disney, which owns ABC, decided on 17 September to take the comedian off air, two days after Kimmel had said, during one of his shows, the “Maga gang” was “desperately trying to characterise this kid who murdered Charlie Kirk as anything other than one of them” and of trying to “score political points from it”.
The abrupt suspension came hours after Brendan Carr, chair of broadcast regulator, the Federal Communications Commission (FCC), threatened to revoke ABC’s broadcast licence.
The move was met with protests in California and lambasted by the writers and actors guilds, lawmakers and the American Civil Liberties Union (ACLU).
Critics and First Amendment advocates had railed against ABC’s decision as censorship and a violation of free speech. They also called for economic pressure on Disney, urging people to boycott the company’s services.
Hundreds of celebrities and Hollywood creatives signed a letter backing Kimmel, who was later reinstated.

The new data from Antenna, released on Monday, offers the first indication that Disney may have taken a hit from the blow-back.
Disney+ and Hulu lost millions more subscribers in September compared to recent months, while Netflix saw its churn rate hold steady at 2%.
But it is not clear whether Kimmel’s suspension was the only factor driving the surge in cancellations.
Disney’s move to suspend Kimmel coincided with its announcement of previously planned increases to subscription prices, as the company faces pressure to boost its profit from streaming services.
Despite the rise in cancellation rates, both Disney+ and Hulu saw an uptick in new sign-ups in September, offsetting some of the loss, according to Antenna.
Disney declined to comment and Hulu is yet to respond. However, Disney noted discrepancies between Antenna’s data and its internal figures.
Business
Video: What to Know About the ICE Raid at a Hyundai Plant

new video loaded: What to Know About the ICE Raid at a Hyundai Plant
By Farah Stockman, Gabriel Blanco, June Kim and Claire Hogan
October 20, 2025
Business
Pizza Hut to close 68 UK restaurants

Charlotte EdwardsBusiness reporter, BBC News

Pizza Hut is to close 68 restaurants and 11 delivery sites in the UK with the loss of 1,210 jobs, after the firm running them fell into administration.
DC London Pie Limited, which operates Pizza Hut’s UK restaurants, appointed FTI Consulting as administrators on Monday.
However, Pizza Hut’s global owner Yum! Brands has agreed to save 64 restaurants, preserving 1,276 jobs.
Pizza Hut is well known for its family-friendly dining and salad bar, but its UK business has been struggling and had previously gone into administration less than a year ago.
DC London Pie had bought Pizza Hut UK’s restaurants from insolvency in January this year. The company also owns Pizza Hut franchises in Sweden and Denmark.
A spokesperson for Pizza Hut UK said: “We are pleased to secure the continuation of 64 sites to safeguard our guest experience and protect the associated jobs.”
Nicolas Burquier, managing director for Pizza Hut Europe and Canada, said: “This targeted acquisition aims to safeguard our guest experience and protect jobs where possible.”
He added that the immediate priority for Pizza Hut was “operational continuity at the acquired locations and supporting colleagues through the transition”.
Zoe Adjay, a senior lecturer in hospitality at the University of East London, said Pizza Hut had been “at the forefront of bringing fast food into the UK” in the 1970s, but had struggled to remain relevant amid increased competition.
“The pizza market has become a lot more upmarket,” she said. “There’s a lot more high-end pizza and they’ve taken a huge market share.”
Ms Adjay added that Pizza Hut had also failed to establish itself on social media in the same way as some of its competitors.
Increased operating costs and “ongoing consumer caution” will likely have contributed to Pizza Hut’s challenges, according to Danni Hewson, head of financial analysis at AJ Bell.
“DC London Pie had rescued Pizza Hut’s UK operations from insolvency less than a year ago, but making a success of a big-name casual dining businesses is a tough job.
“Taking back the brand looks a smart move by Yum! Brands as it has decades of data about how pizza lovers like to consume and exactly what factors need to coalesce to make a location a success.”
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