Business

Volkswagen to Cut Jobs and UK-Swiss Deal Signed

Updated 2026-07-13 16:40 UTC 1 source Negative

Volkswagen is planning significant job cuts globally amid declining profits. Meanwhile, the UK and Switzerland signed a new services agreement expected to boost exports.

Coverage timeline — 2 articles
BBC News
The UK signs a new services deal with Switzerland it says will increase exports by £5.2bn annually "in the long run".
2026-07-13 16:05 UTC
BBC News
The group, which includes Porsche and Audi, has faced a steep fall in profits and tough competition from China.
2026-07-13 16:19 UTC
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