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BYD: Chinese EV giant sees UK sales soar by 880%
Chinese car making giant BYD says the UK has become its biggest market outside China, after its sales there surged by 880% in September compared to a year earlier. The company says it sold 11,271 cars in the UK last month, with the plug-in hybrid version of its Seal U sports utility vehicle (SUV) accounting…
Ryanair to raise fares after profits dip amid Italy abuse fine
Ryanair is to raise its fares following a fall in quarterly profits after being fined by Italy’s competition watchdog for abusing its market position. The budget airline posted pre-tax profits of €24.4 (£21.2m) for the three months to December, an 83% drop from the same period the previous year. But the company remained confident saying…
Two charged after collapse of funeral firm Safe Hands
Two people have been charged following the collapse of a pre-paid funeral firm that left tens of thousands of people out of pocket. About 46,000 customers lost thousands of pounds when Safe Hands Plans Ltd collapsed in 2022 and fell into administration. The Serious Fraud Office (SFO) has charged two men – Richard Wells and…
Federal court blocks Trump from sacking Lisa Cook
US President Donald Trump cannot oust Federal Reserve governor Lisa Cook from her role, a federal appeals court has ruled. The 2-1 ruling on Monday is a blow to Trump as it means Cook can now stay in place for the Fed’s policy meeting on Tuesday and Wednesday, where it is expected to cut US…
