UK’s first electric car forecourt in Essex nears completion

Haldane urged Rishi Sunak to draw up a new blueprint with a raft of measures, including tax incentives and access to finance to feed an ‘appetite’ among firms to adopt new technology.

City sources said the FTSE100-listed jet engine maker is close to securing the funds from investors, possibly through a rights issue and placing.

Simon Thomas, chief of the Hippodrome in London’s West End, said casinos make half their revenue after 10pm, and a national curfew would force him to make ‘substantial redundancies’.

The company is loss-making, but Eve’s management now has a better handle on costs, which should hopefully lead to profitability.

At the moment, Ocado’s formula is a winning one. Internet grocery shopping is growing, and it is well-placed to take market share from rivals now it has capacity. Buy.

Despite Boris Johnson’s appeal for the nation to get back to the office, figures show that only six in ten workers travelled to work at some point last week. How can you profit from a work-from-home winter?

I took out a Personal Contract Purchase lease and this was due to end in April. I gave notice of my decision to hand back the vehicle. But VW took £4,005 – the amount due to keep the car.

Crawford reveals she struggled to make ends meet and did not always have enough money for food while trying to break into the TV industry when in her 20s.

Thousands each year enjoy a windfall thanks to the help of ‘heir hunters’ and you could be one of them. Amy Fabris (pictured) was tracked down following her 72-year-old father’s death.

Experts are warning that the dramatic fall announced by the Office for National Statistics last week could have a sting in the tail for millions of stock market investors.

It’s mayhem in the mortgage market at the moment due to a paperwork backlog at banks and pent-up demand from the lockdown.

Simon Dolan divides opinion. To the 250,000 supporters of his Keep Britain Free movement, he’s a champion of small businesses devastated by ever-stricter lockdown restrictions.

Sources said banks are failing to cope with a sharp rise in applications because so many staff are working from their kitchen tables.

The American software giant buying Britain’s biggest technology company is willing to make legally-binding commitments to keep its tax revenues in the UK, we can reveal.

It can pay to keep costs low when there is no need to spend more – and then pay a little extra where expertise can add value.

Most of us need skills that employers want. This could be the year to get them. None of this is easy. It is really important for individuals, of course, but also for the country.

Banks claim branches are increasingly redundant. But the queues outside Hounslow’s branches reveals what is lost when face-to-face contact is snatched away.

BA cabin crew based at Heathrow and Gatwick – along with baggage handlers at Heathrow – overwhelmingly voted in favour of pay deals negotiated between BA and trade unions.

Private equity giants Apollo Global Management and rival Lone Star Funds have already tabled bids thought to value the business at about £6.5billion.

HG Vora Capital Management, a New York hedge fund founded by Parag Vora, has built a 5.1 per cent stake in the FTSE250 company.

New laws will allow the taxman to demand the information from banks with no need to ask a court or the taxpayer they are chasing.

The Norton Commando is already a highly-collectible vintage motorbike, but this 1977 example is unique as it’s never been unpacked after being shipped from the UK to a customer in Belgium 43 years ago.

Taking a mortgage holiday could severely hamper your ability to refinance in future. Zane Groves of financial adviser firm Light Blue said: ‘If you don’t need a mortgage break, don’t take one.’

Ownership of smart speakers has rocketed across Europe in the last year and is predicted race ahead quickly in the near future. Consumer Trends takes a look.

What if you could save money, time and the planet buying more sustainable products? We look at businesses trying to help UK households cut down on waste.

A study claims the US and Europe are both well positioned to close the gap to China in the next five years, but warned that the UK could slip behind by 2025.

Retail sales rose by 0.8 per cent in August, according to the Office for National Statistics, putting them 4 per cent above pre-pandemic levels. It was the fourth month of rising sales in a row.

Prime Minister Boris Johnson said the UK was ‘seeing the start of a second wave’ of the pandemic as another 4,322 coronavirus cases and 27 deaths were reported in the UK.

The Faberge owner and miner, which has counted celebrities such as actor Mila Kunis (pictured) among its ambassadors, said turnover had tumbled 83 per cent to £16m in the first six months of the year.

Managed by Charles Montanaro, who founded and owns the parent investment firm, Montanaro UK Smaller Companies Trust invests in small firms listed on the LSE and AIM.

Listed on the main market, Goco’s other brands include discount voucher site My Voucher Codes. Revenue was up by 9 per cent in the first half of the year – but profits fell 20 per cent to £6m.

Rightmove boss Peter Brooks-Johnson exercised the rights to more than 171,000 shares this week and sold them immediately after. The 47-year-old has been chief executive since 2017.

Jensen Huang, 57, (pictured) has now promised to sign ‘legally binding documents’ agreeing to preserve jobs. But he did not provide detail on what would be included in the agreement.

Not for the first time the Government has been caught unprepared over the future of the country’s most valuable tech enterprise – Cambridge-based Arm Holdings.

Savers will next week be able to buy shares in The Hut Group, which listed at a value of £5.4bn, and has made its founder Matthew Moulding (pictured with wife Jodie) a billionaire on paper.

The London Stock Exchange Group’s £21bn takeover of data powerhouse Refinitiv inched closer after the bourse kicked off exclusive talks to sell off its Italian arm.

Cornish Lithium said this week it had found ‘globally significant’ deposits of the green metal that could create hundreds of jobs and revive the county’s mining industry.

As many as a third of workers would be laid off at some firms in the nuclear supply chain, mostly in high-skilled construction and engineering roles, says the Sizewell C Consortium.

Ahead of a meeting to approve his appointment yesterday, shareholders had complained of being ‘held to ransom’ by Pearson and complained Bird’s pay package was far too generous.

The stamp duty holiday and lockdown itchy feet have combined to make parts of the market a sellers’ one, so as a buyer what can you do to get a decent offer accepted?

The pandemic has seen a rise in scams targeted at investors looking to make their money go further. UK Finance says British savers lost £55.2m to such scams in the first half of 2020

Britain’s savers could soon be charged to hold money with their banks after the Bank of England left itself wide open to setting interest rates negative for the first time.

Those paying for the service are not issued with the fake licences as con artists make off with the funds and clients are unable to raise the issue with police over fears of prosecution.

No start date has been given for Jarvis’ tenure, though Findlay has said he will leave the company once his contract expires in May 2021.

The London Stock Exchange said it has entered exclusive talks with France’s Euronext after weighing up several offers for its Borsa Italiana.

Analysis from Rightmove has found that just one third of sellers who listed a property for sale but then had to reduce the asking price found a buyer between the months of May and September.

Johanna Jordan, from St Andrews, Scotland, took her complaint to the Ombudsman after she spent over a year trying to get SSE to investigate her ‘very high’ electric and gas bills.

He is not allowed to contact me due to domestic abuse but is instead contacting my parents in an attempt to intimidate me.

He will be replaced by the fund’s deputy manager Michael Stiasny, who has also spent 20 years at M&G and formerly headed the company’s equity research team.

A series of backdoor ‘modifications’ to the Smart Energy Code have been proposed by officials and look set to pass into law by next spring.

Former Pensions Minister Ros Altmann argues the Government may have misled many women and caused them hardship, but this may be due to maladministration rather than discrimination.

Britain’s coin makers could go more than a decade without producing any new 2p or £2 coins after cash usage slumped over the last 10 years and the country handed back its old change.

All Caribbean cruises are cancelled until the end of January 2021. Sailings to and from Southampton are suspended until February 2021. The firm had already cancelled sailings until November 12.

The Bank of England’s response to lockdown was immediate and bears no resemblance to the financial crisis, when it was slow to cut rates and timid about quantitative easing.

Around a third of voting shareholders refused to back a package that handed chief executive Michael O’Leary £3.2m in the financial year that ended in March.

Branson has proposed a so-called special purpose acquisition vehicle – or ‘spac’ – that would hunt for attractive businesses that can be bought for bargain prices in the wake of the pandemic.

Being a fast mover in the battle to beat Covid has paid off for Novacyt, a biotechnology tiddler listed on AIM that few retail investors had heard of at the start of the year.

Kretinsky, who is already the biggest shareholder in Royal Mail through his firm Vesa Equity, has built up a 3.05 per cent stake in the supermarket giant worth £130m.

John Lewis Partnership chairman Dame Sharon White said the festive season would be ‘particularly important’ for its department stores and Waitrose supermarkets this year.

Matthew Pennycook, Labour’s shadow minister for climate change, has written to transport minister, Grant Shapps, pushing for the current 2040 deadline to be accelerated by a decade.

While a quarter of sellers would consider a reduction between 5 per cent to 10 per cent on asking price, around a third say they wouldn’t accept a lower bid at all.

A quarter of Premium Bonds customers who still receive winnings through the post will have to provide bank details from December, as NS&I phases out prize cheques.

If you wait long enough things come back into fashion. The moustache, UK garage and tight trousers are testament to that, now buying shares can be added too.

Analysis of DVLA and DfT data shows that in 2019 there were 6.1m cars in the UK over 13 years old, approximately one-in-five of all vehicles on the road. In 1994, there were only 1.3m over that age.

Alongside activities such as interior design, gardening and baking, more Britons have tapped into an undiscovered passion for investing in shares since lockdown.

Ryanair has chopped its capacity by 20 per cent whilst British Airways is also flying less than 30 per cent of its usual schedule.

I was on assignment in the US in 2004 when Google floated and wrongly decided it couldn’t succeed because it would be strangled by film makers, publishers and the recording industry.

The float eclipses Royalty Pharma’s as the biggest of 2020, and underlines a rebound in US stock market listings after the pandemic prompted several companies to put their plans on ice.

Hut Group founder Founder Matthew Moulding (pictured with wife Jodie), became a billionaire yesterday after his online shopping empire’s value soared on its stock market debut.

Customers willing to spend a few hours buried in banking paperwork could potentially earn themselves £325 in one-off switching bonuses, after HSBC became the latest to launch a switch bonus.

When the pandemic reached its height and hammered construction businesses, Redrow and Galliford Try were among the slew of companies that suspended their payouts to save cash.

Hitachi this week pulled out of plans to build a new power station at Wylfa on Anglesey, dealing a blow to the Government’s nuclear plans and ramping up pressure to accelerate approving Sizewell.

The Global Times newspaper – seen as a mouthpiece for Beijing’s Communist regime – said Nvidia’s purchase of the firm was ‘disturbing’ and urged regulators to treat it with caution.

Two deadly Boeing 737 Max crashes were the ‘horrific culmination’ of engineering, mismanagement and oversight lapses that allowed the company to hide flaws, a report says.

In the hit TV series Strike, fictional detective Cormoran Strike, has his office above the 12 Bar Club, a legendary venue on Denmark Street (pictured) off London’ Charing Cross.

The FTSE 100 closed down 27.06 points at 6078.48 and the pound was at $1.30 against the dollar.

The Portofino M is two cars in one: a beautifully streamlined sporting berlinetta coupe and a rakish convertible drop-top.

There is an option for cautious savers in search of a more generous return: investing.

Moke International, the British company that now owns the Moke trademark, has today revealed a limited run of upgraded versions in the UK, priced at £20,000 before taxes and delivery costs.

Britain’s house buyers have seemingly gone bonkers as prices soar to record highs while the economic bad news keeps coming. But should you pay up for a dream home?

The low savings rates on offer from Britain’s biggest banks have been laid bare even more today, thanks to a sharp fall in the consumer prices index.

Sir Rocco has launched into a tirade against the Government’s ‘draconian lockdown’, calls mandatory facemasks ‘a bit of a nonsense’ and says the 14-day quarantine rules are ‘a farce’.

The pension industry is now warning that in the wake of pension freedoms reforms, savings worth £2.5 trillion are exposed to scammers because vital protections are not in place.

Scammers surely cannot believe their luck? A simple phone call is all it takes to steal a pension saver’s life’s work. What’s more pension firms and regulators don’t have the power to intervene.

Pam Watts (pictured) fell victim to the ‘no-show’ rule which allows an airline to void and even re-sell a return ticket if a passenger misses the outbound flight on the same booking.

My boyfriend and I booked a holiday with Club Med to Bali in May, but it was cancelled due to Covid-19. We had already paid the £4,383 total bill, and have since been sent a credit note.

Some 62% of parents say they are more likely to drive their children due to the coronavirus pandemic, which could see air pollution levels increase.

Labour MPs pressed the Government to reveal the scale of its probe, how many women are being paid incorrectly and when they would all receive their money.

More than 1,600 people have already signed the petition, which urges the Department for Work and Pensions to carry out a full trawl covering older wives, widows and deceased women.

OakNorth Bank is raising its one-year bond to 1.23 per cent while Aldermore Bank has reappeared among the top pays with a rate of 1.2 per cent joining Allicia, Paragon and United Trust.

Banks and building societies have launched a host of accounts with sneaky catches in a bid to compete with the Government’s savings arm, National Savings and Investments.

There is a new name at the top of our savings tables for the first time in four months after the mutual launched a best buy easy-access account.

Everyone who has had dealings with insurers knows how hard it can be to collect. That is partly because they have been so bruised down the decades by fraudulent and exaggerated claims.

The Canadian-born businessman took over from Andrew Mackenzie on January 1. Some £2.5m came from a performance-bonus arranged in 2015 when he headed BHP’s coal division.

Companies who were told they would not be able to claim on their insurance when lockdown hit in March were vindicated yesterday after two High Court judges ordered insurers to stump up.

The payments firm, which lets shoppers on online sites buy up-front, and pay in instalments. has raised £500m in a funding round, and overtaken digital bank Revolut as Europe’s most valuable fintech outfit.

The pandemic delivered the deepest and swiftest American downturn in modern history in the first half of 2020 with unemployment soaring to 22 million and output plunging.

The company, which racked up a £300m loss in the year to the end of March, said revenues from bus services bounced back faster than expected. But its trains have been largely empty.

Daniel Zeichner, the Labour MP for Cambridge, where Arm is based, said it was important to protect the 3,000 jobs there and said it must be exempted from US rules on where products can be exported.

The Japanese industrial giant bought the site at Wylfa on Anglesey – an island off the north coast of Wales – eight years ago for some £700m. Discussions over funding were thought to be making headway.

Ocado has been selling M&S goods on its website alongside its own since September 1 when a 20-year partnership with Waitrose came to an end. Shares have hit a record high of 2608p.

While the sector has been ravaged by travel bans, the company founded 178 years ago has been bought by the Chinese company Fosun Tourism Group following its collapse last September.

On the Beach has resigned its ABTA membership following its refusal to refund travellers who refused to travel to Spain after the Government advised agains it

Just over £450million in orders was received by the Romsey-based business, a 4 per cent rise on last year. It now believes annual operating profits will be between £47million and £53million.

Aston Martin has released its latest model, but it doesn’t have wheels, a roof or doors- and the only engine you can use is a search engine. Called the AMR-CO1, it’s a driving simulator on a big budget.

The supplier – which has taken a lot of business from the Big Six energy firms in recent years – said customers will have to pay an extra £53 per year on average for electricity from Sunday 18 October.

Today’s ruling comes from a landmark case brought about by the Financial Conduct Authority, which sought to clarify the wordings of business interruption insurance policies.

No matter if you’re taking to the wheel of the new limo or kicking back in the rear and enjoying being driven by someone else, the Ghost is a car that delivers to all its well-heeled customers.

More households are likely to be on the hunt for faster and more reliable internet deal, with an increased strain on their service thanks to working from home.

Crystal Ski Holidays, one of the largest booking platforms for winter sports trips, has said it has had to slash its entire ski chalet programme for the upcoming ski season due to the coronavirus.

Renters are increasingly seeking quieter lifestyles in the counties and outer city zones and are ditching inner-city living according to research by Rightmove

Law firm Teacher Stern has been locked in discussions with the Lloyds Banking Group-owned lender since 2016 in an attempt to negotiate compensation for customers.

Google is still making thousands from unregulated firms posing as legitimate charities, nearly a year on from introducing new guidelines which it said would help end the practice.

Figures from the credit rating agency Experian found half of consumers who searched for a credit card last month were shown at least one they were guaranteed to get, up from 24% in July.

Fraud experts warn consumers to do their research and avoid paying online sellers by bank transfer where possible, after a rise in scams targeting younger people over the last few months.

Jean-Sebastien Jacques was forced to quit last week following a backlash after the mining group blew up ancient caves in Pilbara, Western Australia, earlier this year.

Toshi founder Sojin Lee (pictured) has doubled the number of high-end brands offering the service to more than 50, and hopes to be delivering thousands of orders per month by early 2021.

G4S stock soared more than 25 per cent after Garda World, the largest privately-owned security firm on earth, offered 190p a share for the London-listed firm and promised to turn it around.

Wetherspoons revealed 66 employees had tested positive for coronavirus at 50 of its pubs. Of these, 28 have returned to work after a period of isolation. This is a fraction of its overall workforce of over 41,500.

Oracle, chaired by Ellison (pictured) and was one of the few Silicon Valley firms to openly support Trump, has agreed a ‘technical partnership’ with the social media firm’s Chinese owner Bytedance.

Hermann Hauser (pictured), who co-founded the British tech business in 1999, said the firm’s neutrality would be put at risk and its sales could be restricted if Nvidia is allowed to buy it.

Euronext said it had finally submitted its long-rumoured proposal, partnering with Italy’s sovereign wealth fund CDP Equity and banking group Intesa Sanpaolo.

Bernard Looney (pictured), chief executive of the FTSE 100 energy major, said the ban ‘can and should be brought in sooner than 2040’ – the current target set by the Government.

On the day when the future of British technology jewel ARM Holding is on the line, it is hard to get agitated by a Canadian bid for the scandal-prone outsourcing group G4S.

Most algorithm-based funds in the UK are easier to fathom and have the advantage that they can be cheaper – in terms of annual charges – than traditional funds run by investment managers.

I received an email from UK Corporate Portal requesting details to register our business. I then received an invoice demanding £797. I am now being threatened with court action in Germany.

Tory figures are understood to be leaning on Business Secretary Alok Sharma (pictured) to ensure Arm remains at its base in Cambridge, preserving thousands of British jobs.

Gore Street was the first specialist battery fund to be listed in London and plenty of progress has been made since its IPO in 2018.

Tenants are increasingly ditching big city living in favour of commuter towns and villages that offer homes with more bedrooms and gardens. Buyers are following this trend too

Economists at the the Centre for Economics and Business Research made the gloomy prediction that a slump will follow the current mini-boom.

What can investors do if they still want to invest in technology, but don’t want to pay over the odds?

Tariffs would threaten the production of 3m EU- and UK-built vehicles over the next five years. This would mean losses of up to £84billion for the European automotive sector, and hit thousands of jobs.

We decided we’d get married this year. Of course, Covid 19 happened so all was put on hold and my partner died very unexpectedly in April.

People who make a will appoint one or more executors to apply for probate and divide up an estate, but where no one was selected to carry out this task it can lead to a power struggle.

The fight attracts World War II metaphors. Out of chaos, ill preparation and retreat from Dunkirk, Britain triumphed. Extraordinary efforts by science and pharma are making that happen again.

The Government’s ban on evictions ends on October 1, meaning legal action can then be taken to evict tenants from thousands of shops, restaurants, bars and pubs.

The Spaniard will go head-to-head with Huw Merriman, who chairs the Commons transport committee and has called for British Airways to be stripped of lucrative landing slots at Heathrow.

A deal to sell ARM – seen as the jewel in the crown of British technology – would be highly controversial.

The frontrunners to take control of Asda are Lone Star and Apollo Global Management, which have submitted bids thought to be around £6.5billion to buy a majority stake in the supermarket chain.

The rise in users means the app, which is popular among younger people and embraced by celebrities like Amanda Holden, has reached more than one fifth of social network users here.

Before new social distancing curbs were announced last week the consensus among scores of analysts was that 8.5 per cent of the working age population would be jobless by the end of 2020.

Closing at £19.39 on Friday, AB Foods shares trade on almost 17 forward earnings, with a dividend yield of 2.4 per cent. Positive news in early November could push them higher.

Virus-resistant anything sounds like a good idea at the moment, and Genus’s porkers are popular with the recovering Chinese market. The company’s performance is testament to good leadership.

Fund scrutineer Bestinvest, part of wealth manager Tilney, says an ‘incredible’ 150 investment funds have consistently underperformed markets over the past three years.

Siddles is constantly searching for businesses where the share price has fallen – but which he believes are ‘natural winners’. He has managed the trust for nearly 20 years.

Bird and Blend’s Krisi Smith and Mike Turner are about to embark on expansion plans.

Drivers who momentarily stop their car in one of these boxes risk being filmed by a camera and issued with a penalty charge notice for committing a ‘moving traffic violation’.

Businesswoman Plant doesn’t bother to invest in a pension and only has limited investments in the stock market, preferring to put her money in property and her own ventures.

They are nothing more than giant money-making rackets. Relax for one moment behind the wheel or temporarily get distracted and you’ll pay a heavy price. What is our country coming to?

Customers inevitably visited newsagents less regularly during lockdown and some businesses cut back their advertising budgets. Reach appears to have been hard hit by that.