Tesla’s EU sales almost halve this year; Hyundai announces $21bn US investment to avoid tariffs – business live

Rolling coverage of the latest economic and financial newsUK consumers are cutting back spending on everyday items amid falling confidence in the UK economy before Rachel Reeves’s spring statement, according to a survey.As the chancellor prepares to confirm billions of pounds in cuts to welfare and government spending on Wednesday, the research by KPMG showed growing numbers of people in Britain believed the economy was heading in the wrong direction. Continue reading...

Mar 25, 2025 - 09:54
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Tesla’s EU sales almost halve this year; Hyundai announces $21bn US investment to avoid tariffs – business live

Rolling coverage of the latest economic and financial news

UK consumers are cutting back spending on everyday items amid falling confidence in the UK economy before Rachel Reeves’s spring statement, according to a survey.

As the chancellor prepares to confirm billions of pounds in cuts to welfare and government spending on Wednesday, the research by KPMG showed growing numbers of people in Britain believed the economy was heading in the wrong direction. Continue reading...