The failure of the intervention by Rachel Reeves would be ‘a disappointment to the market’, said one analyst. Photograph: Carl Court/Getty View image in fullscreen The failure of the intervention by Rachel Reeves would be ‘a disappointment to the market’, said one analyst. Photograph: Carl Court/Getty Supreme court judges reject Reeves’ motor finance intervention Chancellor… Continue reading Supreme court judges reject Reeves’ motor finance intervention
Author: The Guardian Online News
Chemicals, cars, Man Utd: has Jim Ratcliffe’s Ineos got the formula wrong?
Jim Ratcliffe’s Ineos chemicals conglomerate has expanded from a single Belgian oil refinery to about 30 distinct companies. Photograph: Toby Melville/Reuters View image in fullscreen Jim Ratcliffe’s Ineos chemicals conglomerate has expanded from a single Belgian oil refinery to about 30 distinct companies. Photograph: Toby Melville/Reuters Chemicals, cars, Man Utd: has Jim Ratcliffe’s Ineos got… Continue reading Chemicals, cars, Man Utd: has Jim Ratcliffe’s Ineos got the formula wrong?
Brake pad dust can be more toxic than exhaust emissions, study says
Researchers found that a higher concentration of copper in some brake pads was associated with increased harmful effects. Photograph: Geopix/Alamy View image in fullscreen Researchers found that a higher concentration of copper in some brake pads was associated with increased harmful effects. Photograph: Geopix/Alamy Brake pad dust can be more toxic than exhaust emissions, study… Continue reading Brake pad dust can be more toxic than exhaust emissions, study says
Nissan and Honda end $60bn merger talks
The merger would have created the world’s fourth-biggest carmaker by vehicle sales after Toyota, Volkswagen and Hyundai. Photograph: Kim Kyung-Hoon/Reuters View image in fullscreen The merger would have created the world’s fourth-biggest carmaker by vehicle sales after Toyota, Volkswagen and Hyundai. Photograph: Kim Kyung-Hoon/Reuters Nissan and Honda end $60bn merger talks Both Japanese carmakers say… Continue reading Nissan and Honda end $60bn merger talks
Car finance scandal: lender sets aside £165m for possible compensation costs
Over the past year, the FCA has received a rising number of complaints from consumers over car finance. Photograph: Findlay/Alamy View image in fullscreen Over the past year, the FCA has received a rising number of complaints from consumers over car finance. Photograph: Findlay/Alamy Car finance scandal: lender sets aside £165m for possible compensation costs… Continue reading Car finance scandal: lender sets aside £165m for possible compensation costs
EV drivers spend extra £85m on VAT when using public chargers
People charging an electric car using public chargers face higher costs than those doing so at home. Photograph: Ceri Breeze/Alamy View image in fullscreen People charging an electric car using public chargers face higher costs than those doing so at home. Photograph: Ceri Breeze/Alamy EV drivers spend extra £85m on VAT when using public chargers… Continue reading EV drivers spend extra £85m on VAT when using public chargers
UK used electric vehicle sales hit record last year as prices fell
Total sales of used EVs rose by 5.5% in 2024 to 7.6m, the SMMT says. Photograph: ZarkePix/Alamy View image in fullscreen Total sales of used EVs rose by 5.5% in 2024 to 7.6m, the SMMT says. Photograph: ZarkePix/Alamy UK used electric vehicle sales hit record last year as prices fell Secondhand market thrived as sales… Continue reading UK used electric vehicle sales hit record last year as prices fell
Nissan preparing to pull out of merger talks with Honda
Nissan is said to be considering a partnership with a tech firm rather than another carmaker after merger talks with Honda and Mitsubishi stalled. Photograph: Tingshu Wang/Reuters View image in fullscreen Nissan is said to be considering a partnership with a tech firm rather than another carmaker after merger talks with Honda and Mitsubishi stalled.… Continue reading Nissan preparing to pull out of merger talks with Honda
Trump fears drive gold to record high, as yuan hit by US-China trade war – business live
02.59 EST Gold, “the ultimate Trump hedge” hits record high Gold has hit a new record high this morning, as nervous investors seek out a safe haven asset. The spot price of gold has gained 0.6% today, to a new alltime high of $2,861.78 per ounce. Gold has now gained 9% so far this year, adding… Continue reading Trump fears drive gold to record high, as yuan hit by US-China trade war – business live
UK and European stock markets tumble amid ‘Trump tariff tantrum’
Spain’s IBEX (pictured) dropped by 1.7%, while Germany’s DAX index fell by 2% and France’s CAC 40 by 1.9%. Photograph: Vega Alonso Del Val/EPA View image in fullscreen Spain’s IBEX (pictured) dropped by 1.7%, while Germany’s DAX index fell by 2% and France’s CAC 40 by 1.9%. Photograph: Vega Alonso Del Val/EPA UK and European… Continue reading UK and European stock markets tumble amid ‘Trump tariff tantrum’