News

Cheap Chinese cars are driving British motorists away from old favourites, says dealership Vertu

Today

Noting a 'structural shift' in the market, Vertu said Chinese brands have raised their market share to 5.5% of sales in 2025, against just 0.7% a year earlier.

Honda posts first annual loss in 70 YEARS as Japanese car giant blames poor EV sales

Today

Bosses said demand for EVs has not been as strong as forecast as the company revealed total operating losses for the year ending March 2026 of ¥423bn (£1.99bn).

Last seven Saabs from its shuttered Swedish factory are being sold

Today

In a fortnight's time, seven of the last ever Saabs - which still remain in situ in the vehicle plant - will be sold off to the highest bidder in a swan song for the Swedish car firm.

Return of Lotus Esprit? Norfolk car maker goes back to its V8 roots which could save its UK factory

Today

Lotus is returning to its V8 roots with its new 2028 supercar. The Hethel heritage carmaker will bring out a hybrid supercar in two years time with 986bhp and a V8 which harks back to the Esprit.

Investing for children is a marathon not a sprint, says LEE BOYCE - and it's far simpler than running 26.2 miles!

Today

Paula Radcliffe, former marathon world record holder, has this week come out to encourage parents to invest for their children.

HSBC pauses $4bn private credit investment amid market wobbles

Today

In early June 2025, HSBC said it would plough $4bn into its own asset manager's range of private credit funds.

British teens are swapping Saturday jobs for startups... and the vast majority are getting a helping hand from AI

Today

As the job market shrinks for the young, many now consider themselves 'founders' of tech-driven companies, new research has found.

JLR boss shrugs off threat posed by cheap 'Temu Range Rovers' claiming they are not in the same league

Today

The car maker's chief exec PB Balaji said Chinese car makers like BYD, Jaecoo and Omoda were not 'direct competition.

Legal & General soars as takeover talk grips the City... after US rival bids £2.7bn for Tate & Lyle

Today

Shares in L&G - which dates back to 1836 and is Britain's largest insurance firm and asset manager - rose 6% to value it at close to £15bn.

Bag £200 cashback if you open an Interactive Investor Sipp

Today

Interactive Investor has launched a new cashback deal, but how does it compare with other options? Here's how to qualify for the offer and what you should watch out for.

Labour betrays our firms by allowing the FTSE100 bargain hunt to continue, says ALEX BRUMMER

Today

Where is the Business Secretary Peter Kyle when needed? The tech-idolising MP for Hove, Angela Rayner's adopted hometown, should be in overdrive.

British Gas to pay £20m fine following regulator's probe into prepayment meters

Today

British Gas has agreed to pay a £20million penalty to settle an investigation into the forced fitting of prepayment meters.

Watches of Switzerland chief calls on next prime minister to scrap the hated tourist tax

Yesterday

Watches of Switzerland chief exec Brian Duffy urged potential candidates to meet him to discuss restoring VAT-free shopping for foreign visitors.

Aviva boss sounds the alarm over Labour's leadership chaos claiming it is 'harmful' to the UK economy

Yesterday

Blanc pictured, warned that Britain's chopping and changing of leaders over recent years was damaging its standing in the world.

How the Renters' Rights Act is causing chaos and what landlords must do to avoid big fines

Yesterday

The buy-to-let market has been plunged into chaos after Labour introduced overnight on May 1 the biggest boost to rights in a generation.

Prolonged Iran conflict and Labour leadership battle raise recession risk, say economists

Yesterday

The economy grew by more than expected in March, capping off a strong first quarter. But a prolonged conflict and political uncertainty raises the risk of a recession.

Resolution Foundation urges Starmer to remove inheritance tax-free band and ditch triple lock

Yesterday

As Left-wing MPs plot to unseat the Prime Minister, the Resolution Foundation called for older and richer households to 'pay their way'.

Gilts and pound steady as Streeting quits; Surprise GDP bounce | MARKETS LIVE

Yesterday

The economy is holding up better than expected during the Middle East conflict, as this morning's GDP figures showed growth of 0.3 per cent in March.

Tate and Lyle shares soar after £2.7bn takeover bid from US firm

Yesterday

Tate & Lyle has revealed it is in talks with a US firm over a £2.7billion takeover, making it the latest UK-listed company that could soon fall into foreign hands.

House prices will fall in the coming months, say estate agents

Yesterday

House prices are expected to fall over the coming months, with fewer buyers out house hunting and fewer sales being agreed, estate agents are warning.

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