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You can now get £3,750 off a new electric car – here's why

You can now get £3,750 off a new electric car – here's why

Independent17 hours ago
Transport Secretary Heidi Alexander has announced a new £650 million Electric Car Grant (ECG), offering up to £3,750 for electric vehicles priced under £37,000 to reduce costs for buyers.
The grant comes into effect on 16 July, but car manufacturers are still awaiting specific details on which models qualify for which grant amounts.
The grant amounts are based on sustainability criteria with car makers having to commit to a Science-Based Target (SBT) on emissions.
While the Society of Motor Manufacturers and Traders welcomed the grant, the British Vehicle Rental and Leasing Association raised concerns about potential negative impacts on the used electric vehicle market and finance costs.
Alongside the ECG, the government has also announced a £25 million scheme for cross-pavement charging technology, an £8 million fund to electrify ambulance and medical fleets across 200 NHS sites, and improved EV charging signage on major roads.
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Labour rushed to help Lindsey oil refinery. So why not Grangemouth?
Labour rushed to help Lindsey oil refinery. So why not Grangemouth?

The National

time30 minutes ago

  • The National

Labour rushed to help Lindsey oil refinery. So why not Grangemouth?

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BBC Studios marks a year of record revenues and creative success
BBC Studios marks a year of record revenues and creative success

BBC News

time31 minutes ago

  • BBC News

BBC Studios marks a year of record revenues and creative success

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The company, which makes and distributes some of the world's most sought-after content as well as creating and nurturing iconic brands, achieved record revenues of £2.2bn (2023/24: £1.9bn) and EBITDA of £228m (2023/24: £199m) in a challenging market, driven by a diversified portfolio; strong performance for BritBox International; and its consumer products division, especially global hit Bluey. BBC Studios, the main commercial arm of the BBC Commercial group, recorded its fourth consecutive year of profit in excess of £200m, expressed as EBITDA, of £225m (2023/24: £202m), an increase of 11% year on year, despite organic investment in media & streaming, including and UKTV, which both saw audience growth. The profits generated by BBC Studios go back to the BBC to support its mission in the UK. Tom Fussell, CEO of BBC Commercial said: 'BBC Commercial has delivered a strong set of results, which show that our strategy is working and the investments made in previous years, together with a diversified portfolio, are delivering a trajectory of sustainable growth, despite ongoing global macroeconomic and geopolitical uncertainty. Together with the continuing recognition for the craft and creativity of our content studio and the demand for our content around the world, BBC Commercial is well placed to support a robust creative and entertainment industry and cement its role as a global ambassador for the best of UK content.' Over the last few years, the company has made a series of strategic investments in its routes to market, including taking full ownership of global streamer BritBox International and enhancements to digital services for UKTV. Investment in digital platforms was key in delivering a 43% growth in revenues for the media and streaming division. BritBox International's revenues were up 20% year-on-year, with popular UK titles such as Ludwig and Blue Lights drawing in North American audiences. BBC Studios' multi-channel network, UKTV, also recorded a strong performance. Its direct-to-consumer service U grew views by a third in 2024, whilst UKTV saw total viewer hours to its VOD content across its free and pay platforms grow by 56 million hours year-on-year. Drama content performed particularly well with The Marlow Murder Club becoming the network's highest rating show of 2024, watched by 2.6 million viewers. The new and BBC app have established themselves as the key digital platforms for international audiences who want trusted, impartial BBC news. saw a 15% uplift in global visitors over the year whilst registrations have grown by 78% year-on-year, demonstrating the international reputation of the BBC brand. BBC Studios' world-class creativity continued to power its success with the business winning over 150 awards. Content highlights from the most-awarded UK production company included feature film Conclave, made by wholly owned House Productions, which won four BAFTAs and an Academy Award, wholly owned Clerkenwell Films' Baby Reindeer which won six Emmys, a 20th anniversary for Strictly Come Dancing in the UK as the popularity of the international brand, Dancing with the Stars, continues. Factual title The Americas, narrated by Tom Hanks and made for NBC, became the most-watched nature documentary on US linear television for more than fifteen years, whilst in the UK, BBC Studios helped mark the 80th anniversary of D-Day with a raft of memorable programming, including the RTS Programme Award-winning D-Day 80: Tribute to the Fallen. The business has expanded and consolidated its international production portfolio, now making programmes in ten territories worldwide. The performance of BBC Studios' brands and licensing business was led by global hit Bluey, as the children's title was named the most-streamed programme in the US in 2024, the Bluey's World immersive experience opened in Brisbane, Australia, and a much-anticipated feature film was announced in partnership with Disney+, set to arrive in cinemas in 2027. These results mean that BBC Commercial remains on track to meet its five-year returns commitment of £1.5bn by 2026/27 (a 30% increase on the previous five-year period), having already delivered £1,028m during the first three years. Pay Gap Report BBC Studios also today publishes its Pay Gap Report, showing improvements in eight of the 10 pay gaps (both median and mean) on its 2024 performance. The report also shows that over 96% of the business' female employees are in a career band with a median pay gap of less than 5%, and that 21% are in a career band with a median pay gap in favour of women. The company's median gender pay gap for 2024/25 was 10.7% (2023/24: 11.5%) and a mean gender pay gap of 11.3% (2023/24: 13.4%). BBC Studios continues to be amongst the most transparent media companies when it comes to voluntary reporting on protected characteristics, and the business intends to continue to expand its approach to transparency in future years. BBC Studios CEO Tom Fussell said: 'The data in today's Pay Gap Report is encouraging, although we continue to strive to improve representation across all levels across - and all characteristics in – the business. We are taking proactive steps to address our representation through initiatives such as BBC Extend and are also working to improve our disclosure rates in order to achieve a more inclusive and representative workforce.' -Ends- For more information, please contact: About BBC Studios BBC Studios is the main commercial arm of BBC Commercial Ltd and generated revenues of £2.1 billion in the last year and profits of over £200 million for a fourth consecutive year. Able to take an idea seamlessly from thought to screen and beyond, the business is built on two operating areas: the content studio, which produces, invests and distributes TV and audio globally and media & streaming, with BBC branded channels, services including UKTV, and BritBox International and joint ventures in the UK and internationally. The business made almost 3,300 hours of award-winning British programmes last year for a wide range of UK and global broadcasters and platforms. Its content is internationally recognised across a broad range of genres and specialisms, and includes world-famous brands like Strictly Come Dancing/Dancing with the Stars, the Planet series, Bluey and Doctor Who. BBC Studios | Website | Press Office | X | LinkedIn | Instagram |

7 discounted EVs you can buy through government's controversial new tax payer-funded scheme
7 discounted EVs you can buy through government's controversial new tax payer-funded scheme

Scottish Sun

time31 minutes ago

  • Scottish Sun

7 discounted EVs you can buy through government's controversial new tax payer-funded scheme

The Electric Car Grant makes EVs under £37,000 more affordable, including for Motability users, but raises concerns over taxpayer funding and infrastructure issues PLUGGED IN 7 discounted EVs you can buy through government's controversial new tax payer-funded scheme Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A NEW £650 million grant will knock up to £3,750 off the price of low-priced EVs, the government has revealed. A new Electric Car Grant will see taxpayers foot the bill for EVs costing under £37,000, and only models from brands that have committed to a so-called Science-Based Target (SBT) for emissions. 7 A £650million grant will knock up to £3,750 off the price of low-priced EVs - with concerns raised over taxpayer funding and infrastructure issues Credit: Getty According to Auto Express, fewer than 50 new EV models would be eligible for the grant - provided they pass the necessary criteria. The scheme will also provide additional support for electric car purchases for Motability customers - as revealed in The Sun's recent report - offering substantial discounts. This has raised concerns among some critics, who argue that taxpayers may effectively be contributing twice - once through the Motability scheme and again through the EV grant subsidies. Furthermore, some welfare users have expressed difficulties with EVs, with issues such as limited home charging facilities and inadequate public charging infrastructure causing frustration for some. Despite these concerns, supporters of the scheme, including Motability Operations, emphasise that including Motability users in the EV grant is vital to ensure the transition to electric vehicles remains inclusive and supports disabled drivers. A spokesperson from Motability Operations told The Sun: 'We welcome the Government's Electric Car Grant and the inclusion of our customers. 'It's vital that the EV transition is inclusive and doesn't leave disabled people behind. 'With the 2035 deadline on the horizon, any move that supports both drivers and the wider industry and improves positivity towards EVs is welcome.' Recent findings, though, found that drivers with ailments including constipation and "tennis elbow" were being funded by the Motability scheme. Some influencers have even been found to boast online about obtaining these vehicles for minimal costs, and even advising others on how to maximise their benefits. Alpine A290 GTS delivers a hot hatch EV that comes with F1-style 'overtake button' SHOPPING LIST There are also several key points to keep in mind before you set out to choose your shiny new discontinued EV. Firstly, the scheme will not be immediately accessible - even though it officially launches on July 16. This is because car brands must apply for eligibility for the vehicles in their ranges, rather than buyers being able to register grants at the point of purchase. Also, not all grants will amount to £3,750 as the scheme adopts a two-tier system, with the value deducted from the recommended retail price (RRP) depending on how environmentally friendly the manufacturing process is for each model. According to the RAC, these restrictions encourage drivers to choose models that are not only cost-effective, but also more sustainable for the planet. To that end, we've picked out seven EV examples that could get the EV grant - though it remains to be seen if they will meet the criteria for the full subsidy of £3,750. Dacia Spring - Priced from £14,995 7 Dacia Spring Credit: Not known, clear with picture desk The nation's cheapest EV at £14,995 (if we look past the Citroen Ami, which is classed as a motorised quadricycle), the Spring, could be about to get a whole lot cheaper - if it meets the EV grant's criteria. The little EV, which boasts up to 140 miles of range - certainly enough for a trip to the shops and back - certainly doesn't boast many frills, but it's rather great for simple, daily use. Fiat Grande Panda - Priced from £21,035 7 Fiat Grande Panda Credit: PA One of the world's most famous nameplates is back, bigger and better than ever. The Panda, known as the national car of Italy, starts at around £21,035 for its electric iteration and has been given a radical new look. And, as the name suggests, it's a little bigger - somewhat similar in size to its Stellantis cousin, the Citroen C3 - with enough space that Fiat described as 'perfect for comfortable family living and contemporary urban mobility'. Peugeot e-208 - Priced from £30,150 7 Peugeot e-208 Credit: Getty Stylish and well-rounded, the e-208 is one of the finest all electric hatchbacks available - offering excellent performance alongside practicality, making it one of the most popular choices in its price range. It features a 50kWh battery and a 100kW electric motor, offering a range of up to 225 miles. Better yet, a GTI version is coming soon in what we described as a huge nod to an 80s classic. MG4 - Priced from £26,995 7 MG4 Credit: MG The MG4, often praised for its value for money, impressive range - which starts at 218 miles for the standard edition - and modern features, it's also one of the best EVs around for families thanks to surprising levels of space inside. Better yet, its suspension is tuned for comfort on long journeys, absorbing minor road imperfections. Fiat 500e - Priced from £25,035 7 Fiat 500e Credit: PA One of the nation's favourite petrol-powered little cars was discontinued last year, with Fiat now urging buyers to get their 500 thrills from the all-electric 500e. The iconic design is still there, but with the benefits of electric driving - offering a compact and efficient option for city drivers. Volkswagen ID.3 - Priced from £30,860 7 Volkswagen ID.3 Credit: Getty One of the most refined options available for under £37,000, the ID.3 delivers a comfortable ride, good range and the reliability associated with VW. Better yet, it offers user-friendly features, decent charging speeds and a good overall value, particularly when considering running costs. Honourable mentions: Alpine A290: instantly iconic and one of the most fun cars - electric or otherwise - on the market, the A290, which starts at £33,000, has won numerous awards and plaudits. MINI Cooper Electric: another hot hatch that's high on the fun factor, the famous Cooper now comes electric - including all the fun driving dynamics you'd come to expect. Volvo EX30: want something premium? This compact electric SUV stands out for its style, typically minimalist Scandinavian design and impressive performance, as well as all the practicality and tech that Volvo does best.

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