Elon Musk blames ‘supply chain pressure’ as Tesla announce $500 price increase on all models in FIFTH hike since February Tesla CEO Elon Musk is blaming ‘supply chain pressures’ for the fifth price increase on Model 3 and Model Y vehicles since February He said the prices of raw materials especially were increasing Prices on … Read more
Coronavirus vaccine hesitancy has halved among black Britons following No10’s PR blitz to quash fears, data revealed today. Ministers launched a media campaign to address hesitancy in BAME communities back in February, after experts raised concerns about low uptake in ethnic minorities. The Department of Health worked with more than 50 ethnic minority TV channels and … Read more
About two-thirds of all U.S. coronavirus cases identified over the past three months may be linked to the variant first identified in the UK, a new study suggests. There are at least 11,569 cases of the strain, known as B 1.1.7, in the U.S., according to the Centers for Disease Control and Prevention (CDC). But … Read more
Car production falls for an 18th consecutive month as outputs slip to to a decade low in February Some 105,000 new motors came off UK assembly lines last month, SMMT says It is the lowest output in a February since 2010, official figures have confirmed Four in five new models built in the UK are … Read more
Shops struggle to claw back ground in February with clothing sales HALF the level of a year ago as Covid lockdown wreaks more havoc Retail figures show volumes clawed back some of the lost ground in February Sales were up 2.1 per cent having slumped eye-watering 8.2 per cent in January Clothing sales are still … Read more
Mass coronavirus vaccination sites across the UK have announced they will close temporarily next month due to looming supply issues – as Matt Hancock revealed the jabs have saved at least 6,000 lives already in the UK. Vaccine centres in Devon, Cornwall and Kent are among those to have confirm they will ‘have to pause’ during … Read more
CPI inflation rate drops to 0.4% in February with clothes and cars getting cheaper after renewed lockdown – easing fears over rising prices Headline CPI rate of inflation fell from 0.7 per cent to 0.4 per cent in February Suprised economists who had been expecting a slight uptick in the annual rate Clothes and second … Read more
The number of home sales recorded in February surged by nearly 50 per cent compared with a year ago as people rushed to beat a stamp duty holiday deadline which has since been extended. Some 147,050 transactions took place in February 2021, marking a 48.5 per cent increase compared with 99,000 transactions recorded in February 2020, … Read more
Housing transactions jumped a quarter in February in what has been described as a show of ‘remarkable resilience’ in the market. There was a huge 23 per cent increase in transactions between January and February, on a seasonally-adjusted basis, official figures show. In total, there were 147,050 homes bought or sold in February 2021, according … Read more
Rishi Sunak vows to balance the books as Government breaks ANOTHER borrowing record with £19.1billion racked up in February and UK’s national debt hitting £2.13TRILLION Borrowing was £19.1billion in February the highest on record for the month Rishi Sunak insisted he will return public finances to a more sustainable path The UK’s debt mountain has … Read more