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What the Papers SayBack

The Daily Mirror – 25/07/15

Diesel car drivers are being overcharged at the pump say experts


The fuel is still more expensive than petrol despite lower wholesale prices say industry insiders

In April diesel was the costlier by up to 6p a litre. Last week supermarkets cut 2p off a litre of diesel in a boost for ten million drivers whose cars run on it.

The Petrol Retailers Association denied that diesel vehicle drivers were being ripped off and added: “Independent garages don’t control pricing.”

The Financial Times

Energy groups postpone $200bn in projects as oil price slumps again

Wider commodoties rout hits spending plans

BP, Shell and Chevron among those cutting costs

Spotlight falls on competition to lift productivity

Regulator asked to identify ways of improving efficiency but economists are sceptical

Mayor pledges to give Manchester a voice as he prepares for £7bn challenge

Leader rejects Boris Johnson role model and aims to make voters healthier and wealthier

Manchester’s new mayor is the first person outside London to wield power across an entire conurbation, But Tony Lloyd’s role model will not be Boris Johnson: Mr Lloyd sees his job more as chairman of the board than chief executive.

Companies and Markets

Fiat Chrysler faces record US fine over Jeep recalls

Fiat Chrysler is expected to face a $105m record penalty for its allegedly inadequate response to 23 recalls affecting millions of Jeep vehicles, people familiar with the case said

Chinese car sales are forced into the slow lane

Cooling market is challenging manufacturers but country’s demographics are encouraging

The Times

Osborne points the way to early referendum on Europe

George Osborne wants to wrap up negotiations with Brussels by Christmas in a sign that ministers are preparing for an early EU referendum

UK beats Germany for faith in economy

Britain’s buoyant economy has sent consumer confidence soaring above that of Germany

Kensington silences the boy racers

They have been the scourge of people living in Britain’s most affluent areas with their revving engines and booming music. Now locals in west London can breathe a sigh of relief after a council announced rules to clamps down on boy racers making an exhibition of themselves.

Kensington and Chelsea council said that it would be an offence to accelerate rapidly, rev up the engine or blast out loud music. Even leaving the engine running, sounding the horn or driving in a convoy could be banned as part of the measures.

SNP threatens Scottish vote over austerity

Alex Salmond has said that the government’s austerity drive could trigger a second independence referendum.


Strong growth set to raise pressure on interest rates

The economy is set for a return to strong growth tomorrow, with a boost to gross domestic product— and to pressure for an early rise in interest rates.

The Office for National Statistics is expected to unveil a 0.7 per cent rise in GDP in the second quarter, an acceleration from the 0.4 per cent growth in the first three months of the year

The Daily Telegraph

Minister pledges to stamp out fake apprenticeships

Companies that promote fake apprenticeships are facing government action, after one firm provided just six days training in a year.

Failed, the 415 who crashed on driving test

More than 400 learners crashed their car during their driving test last year, figures show, while 13 drivers failed the examination for the 30th time or more.

The Independent

Licences revoked after hundreds fail eye tests

Hundreds of motorists have had their driving licenses revoked after failing roadside eye tests as part of new police powers introduced after a teenager died in an accident caused by a pensioner with poor sight, figures have shown.


The Guardian

M20 stack hitting economy, say small firms

The ongoing difficulties in Calais mean that Operation Stack in Kent – which has left the coastbound M20 shut between junctions 8 and 9 – is still in place. The Federation of Small Businesses has called for the government to find an alternative, saying that the economy is being badly disrupted, as Eurotunnel apologises for delays in services earlier this week and says that both the English and French sides of the Channel Tunnel are now running normally.

Posted by Lois Hardy on 27/07/2015