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The Financial Times
Admiral plugs in device that ‘reconstructs’ car crashes – Admiral has struck a connected-car agreement that will allow partial video footage of a crash to be generated using Google Earth within minutes— even though no camera was present.
Britons feel better off – Consumer confidence in Britain has recovered to levels not seen since the turn of the century.
GfK’s UK consumer confidence index has increased six points to 7 this month.
Car production hogging fast lane – Almost two million cars will be produced in the UK within the next two years amid fresh evidence of a boom in the British motor industry.
Figures published by the Society of Motor Manufacturers and Traders, to be published today, have revealed that turnover in the sector had reached a record high of £69.5 billion in 2014. Manufacturing output, vehicle sales, jobs and export values all grew.
Manufacturers confident of improving productivity – The improving economic climate has prompted 95 per cent of manufacturers to improve productivity in their companies, according to a survey undertaken by the industry body EEF.
The Daily Telegraph
Interest rates to stay on the floor, says Bank of England’s chief economist – Interest rates will remain “glued to the floor” for the immediate future, the Bank of England’s chief economist has admitted.
Cut income tax to 40p in Budget, Tories tell Osborne as they claim backing of up to 160 MPs – Up to 160 Conservative MPs want the top rate of income tax cut to 40p in the next Budget, senior Tory MPs have said as George Osborne faces mounting pressure to make the move.
Car Industry on track for 2 million vehicles a year – Britain will soon be making almost four cars a minute as the UK’s motor industry booms with record high production figures. The Society of Motor Manufacturers and Traders (SMMT) predicts the number of new vehicles being built in Britain will climb to almost 2 million by 2017, based on current trends.
The Daily Mail
Drivers’ fury as car tax fines soar since end of paper discs – 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.
Speed safety trial starts – New technology designed to reduce speeds will be trialled on London’s buses from next month, as part of work to halve the number of people killed or injured on the city’s roads.