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Five carmakers go on trial over emissions cheat claims
Emer MoreauBusiness reporter Getty Images A major lawsuit against five leading carmakers accused of cheating on emissions tests is set to begin at the High Court on Monday. The trial is the latest chapter of what has become known as the “dieselgate” scandal, with the companies facing allegations they used software to allow their cars…
Affordability is the biggest thing – Conservatives mixed on economy under Trump
Conservatives attending the annual Conservative Political Action Conference (CPAC) in Dallas, Texas expressed mixed feelings on the current state of the economy. Some said they were confident in President Donald Trump’s plans, saying that even if prices were high, its current state was still preferable to the Biden administration’s policies. Others were hoping for an…
Fears energy bill rise mean people surviving rather than living
The increase for those on variable deals comes as the higher wholesale costs, faced by suppliers, feeds through to bills. The conflict in Iran scuppered Bank of England UK inflation targets of 2% over the next five years. Regulator Ofgem said the war means a household using a typical amount of gas and electricity will…
Watch: How oil and gas prices are pushing up the cost of living
The war in the Middle East is less than a month old, but its impact is already being felt widely. In the UK on Thursday, the Bank of England held interest rates at 3.75% on Thursday – after an earlier expectation they could be cut – with a warning that inflation could tick up. Ahead…
Netherland’s renewables drive putting pressure on its power grid
John LaurensonBusiness reporter, Rotterdam AFP via Getty Images The Netherlands has raced to switch to wind and solar power In a Dutch government TV campaign called “Flip the Switch” an actress warns viewers about their electricity usage. “When we all use electricity at the same time, our power grid gets overloaded,” she says. “This can…
