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Theresa May is to meet Irish counterpart Enda Kenny for talks likely to be dominated by the fallout from the UK’s vote to leave the EU. The Irish Taoiseach will be the first foreign leader to visit Downing Street since Mrs May became prime minister.
The two are likely to focus on economic and border issues arising from Brexit. The TUC has said the outline of an “all-Ireland” economic and security agreement is needed before the UK can press ahead with EU exit negotiations. It is one of the five “tests” that the trade union group says the government must meet before it triggers Article 50 of the Lisbon Treaty – the formal mechanism for notifying the EU’s other 27 members of the UK’s intention to leave which will kick start the legal process of separation.
UK manufacturing gloom deepens
Manufacturing growth is expected to slow over the next three months following the sharpest fall in company optimism since January 2009, according to the Confederation of British Industry. There are now as many manufacturers expecting orders to decline over the next three months as those expecting an increase, according to the CBI’s industrial trends survey of 506 companies, conducted between June 28 and July 13. This is the weakest outlook recorded since January 2012 when economic growth began to stagnate.
Breakthrough battery tech could make electric cars more efficient
Lithium-air or lithium-oxygen batteries hold the potential for between 5-15 times the efficiency of existing lithium-ion batteries for electric cars, but have seen a number of technological challenges hindering progress – primarily that nearly a third of the energy is still being wasted as heat, and they don’t tend to last very long.
Volkswagen AG is racing toward resolution of more than 1,000 consumer lawsuits over emissions-cheating software but it may be years before 482,000 polluting vehicles are either taken off U.S. roads or repaired. Car owners who don’t like those options can pick a third that isn’t even part of the deal up for court approval Tuesday: drive their diesel Jettas, Beetles and Passats until the wheels come off. The San Francisco federal judge who demanded in February that Volkswagen get the cars off the road one way or another will turn his attentionTuesday to the carmaker’s plans to buy back the cars for as much as $10 billion. While fixing the cars might cost far less, the company so far hasn’t been able to devise a plan that passes muster with U.S. regulators.