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Ford says it took an extra $900m Trump tariff hit last year
The vehicle manufacturer had said it was backing away from plans to make large EVs, citing lacklustre demand and recent regulatory changes under Trump. The business case for leaning heavily into EV production, specifically large-sized EV models, has “eroded”, the company had said.
HMRC phone lines stay open as self-assessment tax deadline looms
“Making Tax Digital is the biggest tax change since self assessment and, with just over two months to go, time is running out to get ready,” said Victoria Todd, of the Low Incomes Tax Reform Group, which has produced a guide for those unsure of the changes.
Japan is facing a dementia crisis – can technology help?
Suranjana TewariAsia Business Correspondent, Tokyo BBC Scientists at Waseda University in Tokyo are developing caregiving robots Last year, more than 18,000 older people living with dementia left their homes and went missing in Japan. Almost 500 were later found dead. Police say such cases have doubled since 2012. Elderly people aged 65 and over now…
UK becomes BYD’s largest international market after sales surge
Stay informed with free updates Simply sign up to the Electric vehicles myFT Digest — delivered directly to your inbox. The UK has become BYD’s biggest market outside of China after sales increased nearly 10-fold in September, despite the world’s largest electric-vehicle manufacturer being excluded from the government’s new subsidy scheme. BYD said on Monday…
Next continues to profit after M&S cyber-attack
Fashion brand Next has continued to see sales overperform, following a boost in the aftermath of a cyber-attack at rival firm M&S. The British retailer reported a stronger-than-expected 10.5% increase in full-price sales for its third quarter on Wednesday and raised its full year profit guidance for the fourth time in eight months. Next is…
