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What the Papers SayBack

MoT changes would put safety last; Don’t be fooled by the rhetoric. By delaying the test, the Government won’t be doing us any favours

car service

Stuart James, director of the Retail Motor Industry Federation (RMI), says: “We’re campaigning very early against this one.”


The Financial Times

FCA tests new powers with antitrust probes

Watchdog investigates several companies as penalties hit record levels

A “significant number” of financial companies are facing an antitrust investigation by the UK’s markets watchdog, in its first test of broad new powers.


Survey shows post-election uptick in business confidence

Business confidence has improved since the decisive general election result in May but is still well below the peak of a year ago, a survey has found

Businesses are reporting a worsening of skills shortage and a reluctance to make long-term investment plans, according to the poll by the Institute of Chartered Accountants in England and Wales and Grant Thornton, the professional services firm.


Companies and Markets

Uber battles for last billion-person market

US car-hailing app arms itself for a tough fight in India against local competitor Ola

Dragon Oil shareholders approve Enoc buyout offer

Dubai’s national oil group has raised offer to buy out minority shareholders at Dragon Oil, the Irish and UK-listed energy explorer, and secured the backing of key investors

The Times

Britons ripped off over rental car damage

Tens of thousands of British holidaymakers a year say they have been falsely accused of damaging rental cars in Europe.

The Daily Express

Insurance tax hike unfair, say drivers

Nearly nine in ten motorists believe that a planned tax hike which will push up the cost of insurance policies is “unfair” and will encourage uninsured driving, according to research by the AA.

Posted by Lois Hardy on 03/08/2015