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Don’t force drivers to use parking apps, RAC says
Drivers should not be forced to use mobile apps to pay for parking, the RAC has said, after three-quarters of drivers it surveyed said they had issues with them. The most common problem was poor phone signal in the car park, followed by the app not recognising the car park the driver was in. The…
No 10 denies Reeves misled public in run up to Budget
Downing Street has denied Rachel Reeves misled the public about the state of the public finances ahead of this week’s Budget. In the run-up to Wednesday’s statement, the chancellor repeatedly talked about a downgrade to the UK’s predicted economic productivity that would make it hard for her to meet her spending rules. But in a…
Energy price cap rises slightly as temperatures fall
Kevin PeacheyCost of living correspondent Getty Images Energy bills are rising for millions of households in England, Scotland and Wales as the new year begins, after Ofgem raised its price cap slightly. Prices for those on variable tariffs are rising by 0.2% from now, the equivalent to a £3 annual increase for a household using…
Trump raises US tariffs on South Korea imports to 25%
US President Donald Trump has announced he is raising tariffs on South Korean imports to 25% after accusing Seoul of “not living up” to a trade deal reached last year. In a post on social media, Trump said he would increase levies on South Korea from 15% across a range of products including automobiles, lumber,…
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…
Scottish government aiming to issue first bonds in 2026-27
Craig WilliamsBBC Scotland Getty Images Government bonds allow money to be raised through the markets The Scottish government is “on track” to issue its first ever bonds in the next financial year, according to the first minister. John Swinney confirmed bonds should be issued in 2026-27, though this is subject to the outcome of May’s…
