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SMMT

  • Jaguar Land Rover cyber attack hammers UK car production

    Transport and infrastructure

    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. [...]

    Petra copper road scene, featuring DEF OCTA vehicles on a clear day, highlighting transportation infrastructure development.
  • Why business confidence is all over the place

    Business

    Kemi Badenoch looked aghast but Keir Starmer was defiant. Business confidence was at a nine-year high, the prime minister declared in the House of Commons in mid-July. The Conservative Party leader was not having any of it. Neither were many economists and analysts watching from the City.   What Starmer claimed was not false, per se. Research [...]

    Lloyds Bank's business confidence surveys have been cited by Labour figures but they are seen as an outlier, complicating the wider picture.
  • UK new car market stalls as weak consumer confidence bites

    Transport and infrastructure

    New car registrations fell by 2.5 per cent in January as weak consumer confidence and a tough economic backdrop delivered a fourth consecutive monthly decline. There were 139,345 new vehicle registrations in January, according to the latest data from the Society of Motor Manufacturers and Traders (SMMT). New registrations for both private and fleet buyers [...]

    New vehicle registrations fell 2.5 per cent to 139,345 in January, according to the latest data from the SMMT.

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