Defence-Industrial Shift: Volkswagen’s Osnabrück plant in Germany is set to be sold and converted into an air-defence manufacturing hub, with Israeli partners Aurelius Capital and Rafael Advanced Defence Systems linked to an “Iron Dome” style interceptor pathway. Automotive Restructuring: UK carmaker Jaguar Land Rover will cut nearly 10% of its workforce via voluntary redundancies, targeting about 4,000 jobs and £1.7bn in savings over two years as it battles Chinese competition, tariffs and a prior cyberattack. UK Economic Policy: Chancellor John Healey used a Coventry manufacturing visit to pledge strict fiscal discipline ahead of the late-October budget, while insisting the economy is “turning a corner” and growth must do the heavy lifting. Supply Chain & Security: Germany unveiled an anti-sabotage plan after drone/drone-related incidents, underlining how industrial sites and infrastructure are being treated as defence priorities. Corporate Finance: LR Health & Beauty named Martin Lipp as CFO, expanding his remit across controlling, legal, IT and operations. Industrial Climate Pressure: A Europe heatwave warning for Africa highlights how extreme heat is already disrupting European energy output, including nuclear curtailments. Packaging Investment: Uflex started operating a new woven polypropylene (WPP) bag plant in Mexico, its first overseas facility, aimed at pet-food packaging demand.