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Strong start to the year continues for UK CV production

UK commercial vehicle (CV) production rose by 27.6% in April, the fourth consecutive month of growth for the sector, according to the latest figures published today by the Society of… The post Strong start to the year continues for UK CV production appeared first on London Business News | Londonlovesbusiness.com.

The price of petrol has now reached ‘another unfortunate landmark’ which is ‘contributing to the cost-of-living crisis’

Data firm Experian Catalist said the average price of a litre of petrol was 170.4p on Tuesday and diesel reached a high of 181.4p per litre. The price of petrol… The post The price of petrol has now reached ‘another unfortunate landmark’ which is ‘contributing to the cost-of-living crisis’ appeared first on London Business News…

Three-quarters of over 65s bought their car outright without using finance

Three-quarters (75%) of over 65s bought their car outright without using finance, compared to 68% of 55 – 64s, 56% of 35 – 54s and under half (46%) of under… The post Three-quarters of over 65s bought their car outright without using finance appeared first on London Business News | Londonlovesbusiness.com.

Divers face ‘more financial frustration’ as petrol and diesel prices continue to hit record highs

The Department for Business, Energy and Industrial Strategy (BEIS) has warned on Tuesday that the average price of a litre of petrol at UK forecourts was 167.7p on Monday, which… The post Divers face ‘more financial frustration’ as petrol and diesel prices continue to hit record highs appeared first on London Business News | Londonlovesbusiness.com.

Ukrainian startup is ready to reduce transport carbon footprint worldwide by 30m tons per year

Secondary market transport still ranks №1 as a main source of emissions in cities worldwide. In addition to contributing to climate change, the transportation sector is also responsible for significant… The post Ukrainian startup is ready to reduce transport carbon footprint worldwide by 30m tons per year appeared first on London Business News | Londonlovesbusiness.com.

The Elizabeth line unveiled on latest London Tube map

The latest Tube map has been unveiled with the biggest change in recent history – the addition of the Elizabeth line. Transport for London (TfL) has published the latest map… The post The Elizabeth line unveiled on latest London Tube map appeared first on London Business News | Londonlovesbusiness.com.

The ‘Chancellor must feel like King Canute’ as petrol and diesel price keep hitting record highs putting more pressure on motorists

Statistics from data firm Experian Catalist show the average cost of a litre of petrol at UK forecourts on Tuesday was 167.6p with diesel hitting a record high of 180.9p… The post The ‘Chancellor must feel like King Canute’ as petrol and diesel price keep hitting record highs putting more pressure on motorists appeared first…

Ukraine war pushes diesel prices to new record levels ‘despite the Chancellor’s 5p a litre duty cut’

New figures show that diesel prices have now hit a new record high of more than 180p which has been caused because of in an increase in wholesale prices which… The post Ukraine war pushes diesel prices to new record levels ‘despite the Chancellor’s 5p a litre duty cut’ appeared first on London Business News…

Sadiq Khan re-opens Bank branch of Northern line

The Mayor of London, Sadiq Khan, today (Monday 16 May) re-opened the Bank branch of the Northern line following a 17-week planned closure. The closure enabled around 550 construction staff… The post Sadiq Khan re-opens Bank branch of Northern line appeared first on London Business News | Londonlovesbusiness.com.

Car makers treble battery range and deliver 15-fold increase in model choice in a decade

Average battery range of vehicles at annual SMMT Test Day grows from 74 miles to almost 260 miles during Britain’s first ‘electric decade’. Industry confirms commitment to zero-emission motoring, from… The post Car makers treble battery range and deliver 15-fold increase in model choice in a decade appeared first on London Business News | Londonlovesbusiness.com.

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