Skip to content
Search

Latest Stories

UK car dealers suffer worst May since 1952 - SMMT

BRITISH new car sales tumbled by an annual 89 per cent in May, only slightly less negative than April's record 97 per cent collapse, as car dealerships remained shuttered by the government's coronavirus lockdown, industry data showed on Thursday (4).

New registrations of 20,247 units represented the weakest May for sales since 1952, the Society of Motor Manufacturers and Traders (SMMT).


Sales were down 51.4 per cent in the first five months of 2020 but the industry is hopeful that a re-opening of dealer showrooms in England this week will help to spur a recovery.

"Early reports suggest there is good business given the circumstances, although it is far too early to tell how demand will pan out over the coming weeks and months," said Mike Hawes, SMMT chief executive.

"Restarting this market is a crucial first step in driving the recovery of Britain's critical car manufacturers and supply chain, and to supporting the wider economy."

The possibility that Britain's transition out of the European Union ends in December with no new trade deal is also likely to weigh on carmakers, some of whom have highly integrated supply chains with the continent.

Nissan's car manufacturing plant in Sunderland, northern England, which employs 7,000 people, is "unsustainable" if Britain leaves the EU without a trade deal, it said on Wednesday (3).

More For You

Starmer Trump

The UK is seeking an agreement with the US to remove Trump’s 10 per cent general tariff on goods and the 25 per cent tariff on steel and cars.

Getty Images

Industry warns Starmer: Strike deal with US or face factory job losses

FACTORY owners could begin laying off workers within months unless prime minister Keir Starmer secures a trade agreement with US president Donald Trump, MPs have been told.

Make UK, an industry lobby group, told the business and trade select committee that tariffs on British exports were reducing demand for UK-manufactured goods.

Keep ReadingShow less
British Steel halts layoffs after government rescue plan

Chancellor Rachel Reeves in the rail and sections hot end rolling mill during her visit to the British Steel site on April 17, 2025 in Scunthorpe, England. (Photo by Danny Lawson - WPA Pool/Getty Images)

British Steel halts layoffs after government rescue plan

BRITISH STEEL announced on Tuesday (22) it has halted plans to lay off thousands of workers after the government secured the raw materials necessary to keep the country's last steelmaking blast furnaces running.

The future of the plant was thrown into jeopardy in March when its Chinese owners Jingye said it was no longer financially viable to keep the blast furnaces burning, putting 2,700 jobs at risk.

Keep ReadingShow less
Sainsbury’s

The decision to cut jobs at head office will likely have a significant impact on the workforce

Getty

Sainsbury’s to cut 3,000 jobs and close 3 in-store services

Sainsbury’s has announced plans to cut 3,000 jobs across its operations, along with the closure of three key in-store services. The UK supermarket giant confirmed that the closures will impact its larger stores, with the patisserie, hot food, and pizza counters set to shut down by early summer.

As part of the changes, the most popular items previously sold at these counters will be relocated to other sections of the stores, ensuring customers can still purchase these products despite the closure of the dedicated counters. Additionally, Sainsbury’s will introduce new ‘On The Go’ hubs by autumn, offering hot food options to meet customer demand for convenience.

Keep ReadingShow less
Unsafe ‘energy-saving’ plugs still sold online despite safety concerns

Warnings about similar devices have existed for over a decade

iStock

Unsafe ‘energy-saving’ plugs still sold online despite safety concerns

Plug-in devices marketed as “energy-saving” products are still being sold across online marketplaces in the UK, despite being illegal and failing basic safety tests, according to a new investigation by consumer group Which?.

The study found that several of these cheap devices, often called “eco plugs” or “energy-saving plugs”, not only failed to deliver any energy-saving benefits but also posed potential risks such as fire or electric shock. Some of the products, priced as low as £5, were tested and found to be unsafe for household use.

Keep ReadingShow less
Flipkart

The Walmart-owned e-commerce company is currently domiciled in Singapore. (Photo: Reuters)

Flipkart to shift holding company from Singapore to India

FLIPKART said on Tuesday it will shift its holding company from Singapore to India. The move aligns with the company's operations and comes as it considers a possible public listing in the country.

The Walmart-owned e-commerce company is currently domiciled in Singapore.

Keep ReadingShow less