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Ministers hint at further relaxation of zero emission mandate but say will not follow EU over 2035 petrol cars banThe UK is to bring forward its review of electric vehicle sales targets from 2027 to next year, as the government said it would listen to …
Crude benchmarks were rising on Wednesday after US President Donald Trump said the US would put a stop to any traffic of sanctioned oil tankers in and out of Venezuela. The country’s oil revenue is a lifeline for the Maduro government, which now mainl…
Monetary policy committee, cautious in recent months, expected to respond with cut in interest ratesUK inflation falls sharply to 3.2%Business live – latest updatesThe sharper-than-expected drop in UK inflation to 3.2% last month has eliminated any lin…
Drop in November annual rate adds to case for Bank of England cut to interest rates on ThursdayBusiness live – latest updatesUK inflation fell by more than expected in November amid a slowdown in food prices, official figures show, strengthening the ca…
Japan has reported its exports climbed 6% in November from a year earlier as shipments to the United States rose for the first time since March.
Funding for billionaire Jim Ratcliffe’s Ineos site in central belt of Scotland will help safeguard 500 jobs Jim Ratcliffe’s chemicals company Ineos has been granted £120m of government funding to help save the UK’s last ethylene plant at Grangemouth, i…
The European Union has proposed changes to a 2023 law that effectively banned the sale of new internal combustion engine cars from 2035. Instead of cutting CO2 emissions by 100% from 2021 levels, carmakers would be required to reduce them by 90%, mea…
Former Tory chancellor tasked with helping ChatGPT owner develop ties with governmentsGeorge Osborne, the former UK chancellor, is joining OpenAI to lead the ChatGPT developer’s relationships with governments around the world.He will head a division kn…
This blog is now closedFull report: Naveed Akram charged with 59 offences after 15 people killed at Hanukah celebrationThe quiet bricklayer, his father and a leave of absence: the duo accused of killing 15 people in BondiTreasurer Jim Chalmers has just…
The European Union is moving to dial back its total ban on cars with gas or diesel engines by 2035.