BA and Virgin Atlantic set to cash in as UK-US travel returns to pre-pandemic levels May 16, 2023 British Airways and Virgin Atlantic look set to cash in as departures from the UK to the US are set to return to pre-pandemic levels this month, new data shows. Departures from the UK to the US are set to hit 99 per cent of 2019 levels this month, according to new data from the [...]
New investors appear to be accelerating growth in ETF market May 16, 2023 New data shows a wave of exchange-traded fund (ETF) adoption from the next generation of European investors.
Petrol below 145p per litre for first time since November 2021 – now it’s £26 cheaper to fill up a tank May 16, 2023 Average petrol prices have fallen below 145p per litre for the first time in 18 months. RAC analysis shows the average price of a litre of the fuel at UK forecourts has dropped to 144.95p. Prices have not been that low since November 2021. Diesel has reached its cheapest average price since February last year [...]
Dieselgate: Ex Audi boss Rupert Stadler admits charges over emissions scandal May 16, 2023 The former head of Volkswagen’s luxury division Audi pleaded guilty on Tuesday to charges tied to the automaker’s diesel emissions scandal, becoming the highest-ranking executive convicted over cars that cheated on emissions tests with the help of illegal software. Rupert Stadler answered “yes” to a statement read in court by his attorney that said Stadler [...]
Aston Martin DBS 770 Ultimate review: a British supercar bows out May 16, 2023 The Aston Martin DBS 770 Ultimate is an 'emphatic last word' for this British supercar, with a 770hp V12 engine and sharper chassis.
Firefly Sport EV: the electric sports car helping kids be safer drivers May 16, 2023 The Firefly Sport is an electric roadster designed to help children learn the basics of driving – and have fun in the process.
Sir Frederick Barclay’s ex-wife ‘astonished’ over £1m legal spending, court told May 16, 2023 A barrister representing Sir Frederick Barclay’s ex-wife has expressed astonishment at the amount spent on the retired businessman’s lawyers. Sir Frederick, 88, and Lady Hiroko Barclay, who is also in her 80s, are featuring in the latest stage of a fight over money at a hearing in the Family Division of the High Court in [...]
Krispy Kreme plays down impact of UK rules on unhealthy foods May 16, 2023 The boss of Krispy Kreme doughnuts has shrugged off the impact of new UK regulations on unhealthy food in supermarkets, insisting that consumers could simply be “trained” to look elsewhere in shops for their sweet treats. Major retailers have been banned from placing high fat, sugar or salt items near prominent store locations such as [...]
Wells Fargo reaches £800m settlement with shareholders over recovery from scandals May 16, 2023 Wells Fargo has agreed to pay $1bn (£798m) to settle a lawsuit accusing it of defrauding shareholders about its progress in recovering from a series of scandals over its treatment of customers. A preliminary settlement of the proposed class action was filed late Monday night with the federal court in Manhattan, and requires a judge’s [...]
Kremlin approves sale of Volkswagen’s Russian assets for nearly £110m May 16, 2023 Russia’s government has approved a deal for Volkswagen to sell its Russian assets to autodealer group Avilon for up to $137.6m (£108.64), the Interfax news agency reported on Tuesday, citing a source. Should Volkswagen extract money from Russia while exiting, it would buck the trend of other major automakers, most of which have sold their assets [...]
