Electric carmaker struggles as consumers turn to cheaper rivals amid a backlash against Elon Musk Tesla sales in Europe fell for the fifth consecutive month in May even as demand for electric cars continued to increase. The electric carmaker sold 8,729 vehicles across the European Union last month, figures from the European Automobile Manufacturers Association […]
Aston Martin is set to restart car exports to the United States next week after a three-month pause triggered by President Trump’s shock “liberation day” tariffs, with its chief executive warning that political inconsistency is wreaking havoc across the automotive industry. Adrian Hallmark, who took over as CEO of the London-listed luxury carmaker earlier this […]
The UK’s fifth‑largest supermarket said like‑for‑like sales grew 3.9 per cent in the three months to early June, up from 2.1 per cent in the previous quarter, when a cyberattack on supply‑chain software provider Blue Yonder forced the retailer to slash prices on some items to keep shelves stocked. Including new space, total sales rose 4.2 per cent to £3.9 billion, while underlying […]
More than £1 billion has now been paid out to victims of the Post Office Horizon IT scandal, marking a significant milestone in the ongoing effort to deliver justice to thousands of wronged sub-postmasters. The government confirmed that, as of 2 June, a total of £1.039 billion had been awarded to just over 7,300 individualsthrough […]
The Bank of England has kept its benchmark interest rate at 4.25%, but hinted that a cut could be on the horizon as early as August, amid growing signs of a weakened UK economy and rising global risks. While Governor Andrew Bailey acknowledged that inflation is now on a gradual downward path, he warned that […]
UK inflation edged down to 3.4 per cent in May, slightly lower than April’s 3.5 per cent, in a sign that price pressures across the economy are gradually easing—though inflation remains well above the Bank of England’s 2 per cent target. The latest figures from the Office for National Statistics (ONS) also showed a fall […]
Nissan has unveiled the third-generation Leaf, its flagship electric vehicle, which will be built in the UK at the company’s Sunderland plant as part of a major push towards sustainable, UK-based EV production. The updated Leaf will offer up to 375 miles (604km) of range on a single charge, and customers will be able to […]
Energy Secretary Ed Miliband has vowed that the Labour government will defeat those seeking to derail the UK’s net zero agenda, arguing that the green transition will succeed by delivering thousands of new jobs in Britain’s former industrial heartlands. Speaking at the launch of a £1 billion investment scheme to boost the country’s offshore wind […]
The UK’s data protection regulator has fined genetic testing firm 23andMe £2.31 million following a large-scale data breach in 2023 that exposed the personal and sensitive health information of thousands of users, including over 155,000 UK residents. The Information Commissioner’s Office (ICO) said on Monday that 23andMe had failed to implement basic security measures, leaving […]
The UK’s largest producer of high-purity carbon dioxide has warned of an imminent shutdown that could cause severe disruption to industries reliant on commercial CO₂, after being blindsided by a recent UK-US trade deal that removes tariffs on American bioethanol imports. Ensus, which operates a major bioethanol plant at Wilton on Teesside, said it may […]