Is Ferrari’s first EV already a collectable? Motoring The first Ferrari Luce production car will be sold by RM Sotheby’s during Monterey Car Week, with proceeds supporting the Ferrari Foundation. The very first Ferrari Luce production car will be auctioned by RM Sotheby’s during Monterey Car Week, with the auction house valuing the electric Ferrari at more than £800,000. The car is significant [...]
The Executive Ledger: Is the company car consigned to history? Sponsored The traditional executive company car used to be defined by a beautifully simple set of rules, writes motoring journalist Tim Barnes-Clay. It required a German saloon, 3.0 litres of naturally aspirated displacement, finished in metallic paint, and a designated parking space close to the boardroom doors. It was a statement of seniority, paid for by [...]
‘Enough to keep investors interested’: SSE charges up UK investment Markets SSE hailed a record year of investment as it aims to end UK dependence on global volatile energy markets. The electricity infrastructure company invested £3.6bn in the 2025/26 financial year, up from £2.9bn the prior year, as it looks to ramp up the UK’s electricity grid and create lower energy bills. The FTSE 100 group [...]
Britain’s energy future is bright – but we still need Ed Drilliband April 15, 2026 Amid soaring oil prices and growing fears of jet fuel shortages, it feels as though Britain is trapped in an energy permacrisis of its own making. So here’s a note of optimism to counter the doom and gloom: Britain has a bright energy future ahead of it. A few examples: Nuclear power output is going [...]
Currys shares soar after retailer defies high street gloom January 21, 2026 Shares in tech retailer Currys soared this morning after the firm released an upbeat Christmas trading update, defying wider gloom on the high street. The London-listed firm recorded a three per cent uptick in UK and Ireland revenue as it clawed a bigger market share from strong sales in mobile, as well as growth in [...]
Labour to spend £10m on tackling EV charging blackspots November 3, 2025 The government has unveiled a £10m fund to help expand England’s electric vehicle (EV) charging network, targeting grid-constrained sites on motorways and major A-roads where power access has slowed progress. The funding will support projects that allow chargers to run off-grid or with minimal grid connection, using renewable energy and battery storage to deliver ultra-rapid [...]
LEVC: London electric taxi company loses £180m October 7, 2025 LEVC, the London electric taxi company, lost almost £180m during its latest financial year as its sales were slashed. The Coventry-headquartered electric taxi maker, which is also known as London EV Company, has reported a pre-tax loss of £179.4m, according to new accounts filed with Companies House. The business, which is owned by Chinese automotive [...]
Currys shares soar after retailer posts growth across divisions July 3, 2025 Electricals retailer Currys recorded a jump in cash flow as the firm out-performed competitors with growth across in-store and online sales. Currys posted profit before tax for the year ending May 3 2025 of £162m, falling in line with expectations of a 37 per cent increase pencilled in earlier this year. Net cash – the [...]
Ofgem gives green light to landmark electric grid upgrade July 1, 2025 The UK’s energy regulator has approved a £24bn investment to upgrade the UK’s energy infrastructure as a part of its green transition. The Office of Gas and Electricity Markets (Ofgem) move comes as the government renews its push for cleaner energy, despite backlash around the impact on prices. Over £15bn is set to be deployed [...]
Currys: Shares dip despite interest rates helping sales at retailer May 21, 2025 Electrical retailer Currys has reported a jump in profit after sales jumped thanks in part to a boost from lower interest costs. In a trading update on Wednesday, the firm said it expects pre-tax profit to come in at £162m, up 37 per cent year-on-year. Previous guidance had indicated profit for the period ending May [...]