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The Daily Mail
Garage bosses claim automatic car washes are being put out of business by Eastern Europeans who do the job by hand. The Petrol Retailers Association has complained that the hand wash firms may be cheap, but this is partly because the work is often done cash in hand. In many cases no VAT is being charged and the people behind the businesses do not keep accounts or pay any tax.
Motorists are set to enjoy plunging fuel prices, leaving more to spend during shopping trips this Christmas, after the cost of oil fell close to its lowest level in 11 years yesterday. A price war between Saudi Arabia, Russia and other oil producers is expected to have a significant impact on forecourts in Britain as average petrol prices dip close to £1 a litre. At the weekend, four supermarkets cut the price of unleaded below this threshold as part of a pre-Christmas promotion.
The Daily Telegraph
With David Cameron attending a crucial summit in Brussels this week, a poll finds the British public is now evenly split over the prospect of a British exit from the EU.
The EU Referendum bill passed its final parliamentary hurdle last night and is now about to become law.
It comes just two days before David Cameron’s EU renegotiations become the main focus of a summit of European leaders. Mr Cameron could hold his referendum as early as June 2016.
The UK’s brief period of negative inflation is expected to have come to an end in November but the recent tumble in oil prices should keep price pressures low for some months yet, economists predict. Official figures due out at 9.30am on Tuesday are expected to show inflation to have edged up to 0.1% in November from -0.1% in October on the consumer prices index (CPI) measure, according to a Reuters poll of economists.
Volkswagen’s share of European car sales fell last month as US manufacturers capitalised on the German company’s emissions rigging scandal to notch up strong gains. VW’s group market share fell to 24.5% from 26.8% a year earlier as its main Volkswagen brand’s share tumbled to 12.2% from 13.5%. Group sales rose 4.2% but did worse than the wider market where sales increased by 13.7% to 1.12m, figures from the European Automobile Manufacturers Association showed.
The Bank of England deputy governor, Minouche Shafik, has said she will not vote for an interest rate rise until she is convinced wage growth has recovered. In the latest sign from policymakers that borrowing costs will remain on hold well into 2016, Shafik noted signs that the rate of earnings growth in the UK had “levelled off” recently and that other factors were also keeping inflation low, such as the strong pound and a drop in commodity prices.
The Daily Express
An AA survey said half of us (49 per cent) would call the police if we saw a drunk stranger getting behind the wheels of a car. But we are much less hard-line with friends and family with fewer than 3 per cent willing to shop them.
However, 78 said they would solve the problem by taking away the car keys of an over-the-limit friend or family member and calling a cab if they were meant to be getting a lift home from a Christmas party. The unacceptability of drink-driving was revealed as the AA teamed up with Jameson Irish Whiskey to launch its Christmas campaign against one for the road. It will be using social media sites to target younger drivers who account for two in three drink-drive casualties and three quarters of those killed or seriously injured.