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China’s electric cars are cheaper, but is there a deeper cost?
Posted onTheo Leggett International Business Correspondent BBC Listen to Theo read this article In China, they call it the Seagull, and it has looks to match. It is sleek and angular, with bright, downward-slanting headlights that have more than a hint of mischievous eyes about them. It is, of course, a car. A very small one,…
Gatwick Airports drop-off fee rises to £10, UKs highest charge
Posted onGetty Images Drop-off charges were introduced at Gatwick in 2021 Gatwick Airport is increasing the price of its drop-off zones by £3, bringing the minimum charge to £10. The fee to allow drivers to stop outside the terminal for 10 minutes is set to increase on 6 January, making the West Sussex airport the most…
Chocolatiers blame cafe closure on rising costs of ingredients
Posted onThe owners of an award-winning artisan chocolate business say increased prices and staffing costs have forced them to close their cafe. Holly and Sam Garner said Hollychocs, in Devizes, Wiltshire, will shut the Beanery Cafe in August after two years of business. “Every time we buy ingredients or packaging, the costs go up and on…
CPI inflation: Price increases in the US ease in November
Posted onNatalie ShermanBusiness reporter Bloomberg via Getty Images Price increases in the US eased in recent months, as costs for items including hotels, milk and some kinds of clothing fell. The latest figures from the Labor Department showed prices rose 2.7% over the 12 months to November. That pace was down from 3% in September and…
What is Seedance? The Chinese AI app sending Hollywood into a panic
Posted onThese productions have been sticking to romance or family drama to keep costs down as they need fewer visual effects. But now AI can “elevate low-budget productions into more ambitious genres such as sci-fi, period drama and, now, action”, Kwok says.
