No 10 hands Jaguar Land Rover £500m loan to develop electric cars

Meeting of carmakers also told of plan for new houses to have EV charging pointThe government has handed Jaguar Land Rover a £500m loan guarantee to help accelerate its progress in the global electric vehicle race.Theresa May said the loan would help B…

Read more

UK car industry future hinges ‘not on Brexit, but on batteries’

Jaguar Land Rover boss says UK needs batteries made in Britain – or carmakers will leaveThe feeling of relief in the British car industry was almost palpable on Friday, when Jaguar Land Rover said it would invest billions in producing new electric vehi…

Read more

Jaguar Land Rover teams up with BMW to produce electric cars

Partnership between UK and German firms created to lower costs for volume productionJaguar Land Rover is teaming up with BMW in a partnership designed to lower costs and try to get ahead in the race to produce electric cars for the mass market.The UK’s…

Read more

A bonus for Centrica boss after a credit rating downgrade, really?

Dividend appears ready for the chop, which implies the same for Iain Conn at British Gas ownerHere’s a share price that hasn’t been glimpsed this century: Centrica, owner of British Gas, stands below 100p. Thursday’s ex-dividend date finally pushed the…

Read more