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‘Cannot stress enough how proud I am’: how Greater Manchester came together to tackle floods
“Some people say the way your year starts is how the year is going to be, so I’m expecting some adventures, I’ll be like Indiana Jones,” said Alina Abroutkouki.
The 40-year-old interior designer spent the first night of the new year sleeping in Didsbury mosque, having been evacuated from her …
Early phase-out of full hybrid vehicles may be a political risk too far for UK ministers
The main timetable is set: no new petrol and diesel cars will be allowed to be sold in the UK after 2030, and sales of all new hybrids will be forbidden from 2035. But that phasing still leaves open the critical matter – for the automotive industry, and for a …
Why is the Australian dollar falling – and what does it mean for interest rates, travel and the economy?
The Australian dollar has had a rocky start to the year, dropping below 62 US cents on Wednesday and hitting a low of 61.84 US cents on Thursday morning. It has been on a steady downward trajectory since 30 September last year, when it bought 69.32 US cents. But this …
Brompton profits plunge more than 99% amid bike industry turmoil
The boss of Brompton Bicycle has predicted another year of turmoil for the bike industry in 2025 after profits at the British folding cycle maker dived by more than 99% amid a wave of discounting by rivals.
Profits fell from £10.7m to only £4,602 in the year to the end …
Wholesale gas price at highest level in more than year as Russian supplies stop
The wholesale price of gas has risen to its highest level in more than a year after
Russian supplies stopped flowing to Europe
through Ukraine.Benchmark prices rose to the highest level since October 2023, a day after a longstanding transit contract between Russia and Ukraine expired. …
UK factory output falls at fastest rate since February amid tax rise fears
Manufacturers in the UK cut back output last month at the fastest rate since February, compounding the gloomy picture for the British economy, according to a closely watched survey.
The purchasing managers’ index for manufacturing fell to 47, down from 48 in November – the weakest for 11 months. Any …
Helsinki arena to reopen in spring after being left in limbo by Russian sanctions
Helsinki’s main sports and entertainment arena is expected to reopen in the spring after getting caught in a Russian sanctions drama that left it disused, without power and starting to smell.
Helsinki arena, also known as Helsinki Ice Hall, has been closed since Russia invaded Ukraine in February 2022, when …
Lidl enjoys record £1bn UK sales in run-up to Christmas
Lidl made more than £1bn in sales in the run-up to Christmas for the first time in the three decades the discount grocer has been operating in the UK as cash-strapped shoppers cut costs.
The German-owned discounter, which is close to overtaking Morrisons to become the UK’s fifth biggest supermarket …
UK needs to ban full hybrid cars by 2030 or face net zero ‘catastrophe’, says motoring body
Britain needs to press ahead with a ban on the sale of new hybrid cars with no plug from 2030 or risk taking “a catastrophic misstep” on the road to net zero, ministers have been warned.
Cars such as the Toyota Prius, which charge a battery from an internal combustion …
UK house prices rise for fourth month in a row, says Nationwide
House prices rose for a fourth consecutive month in December, ending 2024 on a “strong footing” with the cost of an average home hitting £269,426, according to Nationwide.
The building society’s monthly tracker found prices rose 0.7% in December on the previous month, with the annual increase in the value …