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UK inflation unexpectedly slows to 2.6% in JuneBack


UK inflation unexpectedly slows to 2.6% in June 

The UK’s inflation rate dropped unexpectedly to 2.6% in June, from 2.9% in May, official figures have shown. It is the first fall in the rate since October of last year and was largely down to lower petrol and diesel prices. Fuel prices fell for the fourth month in a row in June, according to the Office for National Statistics.


Car insurance premiums in record rise, says ABI 

Motorists are being saddled with the fastest year-on-year rise in insurance premiums since records began five years ago, the industry has warned. Average car insurance premiums have gone up by 11% in the past year, according to the Association of British Insurers (ABI). The typical bill for an annual policy is now £484, it said. Earlier this month, the ABI said car insurance premiums had already hit a record high in 2016.


New plastic £10 note featuring Jane Austen to be revealed 

The full design of the new plastic £10 note will be revealed by Bank of England governor Mark Carney at Winchester Cathedral on Tuesday. The note, which follows the polymer £5 note into circulation, is likely to be available for use in September. It will feature a portrait of Jane Austen and is being launched on the 200th anniversary of her death.

A limited supply of a new £2 coin honouring the author has also been put into circulation by the Royal Mint.


Brexit could disrupt data sharing – House of Lords report

Data sharing between the UK and EU could be disrupted after Brexit if standards are allowed to diverge, a House of Lords report warns. Such disruption could present a non-tariff trade barrier and hinder law enforcement co-operation, the EU Home Affairs Sub-Committee says. Its chairman, Lord Jay, voiced concern over lack of detail in government plans to maintain unhindered data flows. It called for guarantees the UK would continue to meet shared standards.


Theresa May tells Conservatives to end ‘backbiting’

Theresa May has told Tory MPs and ministers to end the “backbiting” over disagreements within the party.

The prime minister warned her MPs that the alternative to her in Number 10 would be Labour’s Jeremy Corbyn. It came at a summer reception for backbench Tory MPs on the House of Commons terrace on Monday Ministers are gathered at Downing Street for a cabinet meeting with the PM due to remind them to keep their discussions private.



The Times


Europcar accused of £30m customer rip-off 

One of Europe’s biggest car hire operators may have overcharged customers £30 million for damaging vehicles. Europcar admitted the scale of the problem after Trading Standards began an investigation last month into allegations of “fraudulent” costs. The French business is accused of breaching consumer law by inflating the cost of windscreens and other repairs by up to 300 per cent to boost profits. Europcar UK said in a statement: “On the basis of our own preliminary review, our view is that the implications of the investigation will be somewhere in the region of £30 million and we will communicate as appropriate as matters develop.”



The Daily Telegraph


NHS staff ‘broken’ after court orders them to pay thousands of pounds in hospital car park fines 

NHS staff have been left “broken” and face losing their homes after a court ordered them to pay thousands in parking fines racked up at a Cardiff hospital. A judge has ruled that the employees, including nurses, doctors and admin staff, must pay the charges dating back to April 2016 after losing a legal fight with Indigo, the private operator that manages the car park at the University Hospital of Wales. One nurse reportedly owes £150,000 after the court ruled that £128 must be paid for each unpaid ticket, plus £26,000 in court fees.



The Evening Standard


Nine million cars set to pack UK roads for end of term getaway 

Nearly nine million cars will pack roads this weekend for one of the busiest summer holiday getaways ever. Following the end of school term, 8.7m cars are expected to hit the roads from Friday through to Sunday.  The peak of the weekend’s travel will be on Saturday with 3.4m groups of people in vehicles making a dash for it, according to the RAC. The RAC predicts that Friday will see 2.5m cars vying for road space with commuters, while Sunday will see about 2.8m en route to holiday destinations or making the most of the July weekend. A survey of more than 3,100 motorists in the UK predicts there will be up to 36.5m leisure journeys from Friday, July 21 to Sunday, August 6.


Posted by Paul Carpenter on 18/07/2017