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The Financial Times
The FTSE 100 in June recorded its worst monthly performance in more than three years, even as gross domestic product figures yesterday showed the UK economy grew 0.4 per cent in the first quarter
Much of the market fall has occurred in the past week, as a Greek exit from the Eurozone edged closer.
Eurozone ministers block extension
Tsipras in separate bid for fresh deal
GDP stands 4.5% above its pre-crisis peak, but worker output is still to recover
Britain’s economy grew faster at the start of the year than previously thought, but output per person still remained slightly below the peak it reached before the financial crisis of 2008.
Sajid Javid is now referring to the government’s much vaunted “industrial strategy” as an “industrial approach”, a linguistic shift that has sparked concern that the business secretary plans to cull the programme.
Land Rover’s ‘toolbox on wheels’ to be discontinued amid Tata makeover
If you want a classic Land Rover Defender you have missed your last chance to order a new one. Yesterday was the final deadline before one of Britain’s best known automotive models is taken out of production later this year.
Companies and Markets
Pair accused over service that allows drivers to offer rides without taxi license
Osamu Suzuki, the 85-year-old chief executive of Suzuki Motor who has spent nearly four decades running the Japanese small carmaker, yesterday named his eldest son as his successor.
The Daily Mail
Tens of thousands of motorists are being criminalised as prosecutions soar after the controversial scrapping of the traditional paper tax disc.
Prosecutions have risen by nearly half due to confusion over strict new rules that require a disc to be renewed every time a car is bought or sold.
7p tax hike fear
A petrol tax hike in next week’s Budget will clobber the North hardest, Chancellor George Osborne is being warned
The impact on drivers there will be greater because they use their vehicles more, a study into the effects of a 7p a litre rise reveals.
Top firms are prejudiced against bright kids from poor backgrounds, Education Secretary Nicky Morgan will say today