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      UK fintech Monzo is ramping up its lifestyle reach.

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Electric Vehicles

  • Government to inject millions into electric vehicle firms despite mandate backlash

    Politics

    The government will invest £65m into firms producing zero-emission vehicles, despite backlash from the automotive industry over its controversial electric vehicle mandate. The funding includes £50m for car firms and research partners to help produce electric vehicles at a larger scale. The Department of Business, Innovation, Science and Trade said the funding would support 1,800 [...]

    Car bodies on an assembly line in a UK car plant, showcasing EV manufacturing process
  • Miliband refused to meet motor trade body to discuss zero emissions mandate

    Transport & Infrastructure

    Ed Miliband refused to meet the UK motor industry’s largest trade body during his two-year stint as energy secretary, despite the government’s controversial targets for electric vehicle sales falling partly under his department’s purview. Society of Motor Manufacturers and Traders (SMMT) boss Mike Hawes said his lobby group’s requests to meet the Labour heavyweight and [...]

    Ed Miliband speaking at a podium during a press conference, addressing energy policy reforms and climate change initiatives.
  • The road to growth: Why motorway services are key to EV revolution

    Opinion

    Motorway services will be central to the EV transition, but urgent action is needed to unlocl grid capacity, writes Tim Gittins.

    Electric vehicle charging station with multiple charging ports and cars plugged in, promoting sustainable transportation s...
  • Government urged to accelerate review of ‘disruptive’ EV sales targets

    May 13, 2026

    A leading London-listed car dealership has called on the government to speed up its review of electric vehicle sales targets, which it said “disrupts” the car sales market. AIM-listed Vertu Motors has said the Zero Emission Vehicle (ZEV) mandate scheme is hitting its profits and “distorting” its volumes and margins.  The scheme was brought in [...]

  • Used EV sales soar as drivers look to curb fuel costs

    May 12, 2026

    Second-hand electric car sales have hit record highs in the first three months of the year, as improving consumer confidence and rising fuel prices pushed more buyers toward used EVs. According to new figures from the Society of Motor Manuacturers and Traders (SMMT), just shy of 87,000 used battery EVs changed hands during that period [...]

  • EO Charging collapses despite European EV sales boom

    April 15, 2026

    EO Charging has gone into administration, with 69 jobs slashed, in a recent blow to the UK’s EV infrastructure sector as car sales across the continent accelerate. PwC was appointed administrator to the EV charging firm, which traded as Juuce Limited, on 8 April. The consultancy said that more than two thirds of the 93 [...]

  • Labour to spend £10m on tackling EV charging blackspots

    November 3, 2025

    The government has unveiled a £10m fund to help expand England’s electric vehicle (EV) charging network, targeting grid-constrained sites on motorways and major A-roads where power access has slowed progress. The funding will support projects that allow chargers to run off-grid or with minimal grid connection, using renewable energy and battery storage to deliver ultra-rapid [...]

  • Jaguar Land Rover cyber attack hammers UK car production

    October 24, 2025

    The most expensive cyber attack in British history suffered by Jaguar Land Rover contributed to car production being slashed by almost 30 per cent in September, according to new figures. Jaguar Land Rover was forced to halt production for five weeks from 1 September which has been estimated to have cost the UK around £1.9bn. [...]

  • Auto Trader: Brits turn to older cars amid ‘economic uncertainty’

    July 29, 2025

    Brits are turning their backs on new cars choosing to buy more older models amid “ongoing economic uncertainty”, according to FTSE 100 giant Auto Trader. The Manchester-headquartered company said a “standout trend” of 2025 so far is the “growing appetite for affordable used cars”, particularly those aged between five and 10 years old. Auto Trader has [...]

  • Sir Richard Branson-backed Gridserve cuts jobs as it loses over £80m

    July 21, 2025

    Gridserve, the electric vehicle (EV) charging network whose investors include a fund backed by Sir Richard Branson, cut jobs as it lost more than £80m in 2024, it has been revealed. The Swindon-headquartered business has reported a pre-tax loss of £82.7m for its latest financial year, according to new accounts filed with Companies House. Gridserve [...]

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