
UK Plans New Measure to Boost EV Sales, Transport Secretary Says
Speaking on Sunday, Transport Secretary Heidi Alexander confirmed she will be announcing new measures to boost sales of EVs this week but declined to directly address reports in the Telegraph and the Times that the incentives will include up to £700 million ($948 million) in new subsidies and grants to buyers to help offset costs.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Bloomberg
19 minutes ago
- Bloomberg
FTSE 100 Live: UK Stocks Set to Rise, Pound Gains as Tariff Worries Ease
Chancellor Rachel Reeves is set to make her Mansion House speech today, a key moment following a period of tumult for the government which has increased uncertainty around UK assets. Reeves will focus on plans to ease access to mortgages in order to spur home ownership, including a permanent mortgage guarantee scheme and more loans for people on lower incomes, Joe Mayes, Ronan Martin and Leonard Kehnscherper. The measures on mortgages will be announced in Leeds earlier in the day, before she travels to London for the address. In addition to that, the City will be watching for a pathway to international finance firms to set up in London, reforms on the 0.5% stamp duty charged on UK share trading, detail on scrapping the Payment Systems Regulator, information around stablecoin usage and plans on changing bank ring-fencing rules.

Wall Street Journal
21 minutes ago
- Wall Street Journal
Ericsson Earnings Beat Forecasts Despite Tariff Hit
STOCKHOLM–Ericsson's second-quarter earnings beat expectations despite a negative impact from U.S. import tariffs, as it benefited from a larger share of sales in higher-margin countries, increased licensing revenue and cost savings. The Swedish telecommunications-equipment company said Tuesday that its key networks business posted a 5.3% fall in sales overall in the period, with strong growth in North America and a slight sales increase in Europe, but significant declines in India where the company had lower network investment levels.
Yahoo
32 minutes ago
- Yahoo
Aalberts reports the progress of its share buyback programme 07 July
Aalberts today reports that it has repurchased 2,500 of its own shares in the period from 07 July 2025, up to and including 11 July 2025, for an amount of EUR 78,823.16, so at an average share price of EUR 31.53. This is part of the share buyback programme as announced on 27 February 2025, for a total amount of EUR 75 million. The repurchase of shares commenced on 28 February 2025 and will be completed no later than 24 October 2025. It is intended that the shares will be cancelled following repurchase. Up to and including 11 July 2025, a cumulative total of 2,002,324 shares was repurchased under the share buyback programme for a total consideration of EUR 59,718,534. Aalberts has engaged an intermediary to repurchase the Aalberts shares in the open market, during open and closed periods, independent of Aalberts. The share buyback will be executed within the limitations of the authority granted by the Annual General Meeting (AGM) on May 23, 2024. The programme will be conducted within the parameters prescribed by the Market Abuse Regulation 596/2014 and the safe harbour parameters prescribed by the Commission Delegated Regulation 2016/1052 for share buybacks. Visit for the weekly progress overview. contact+31 (0)30 3079 302 (from 8:00 am CEST)investors@ regulated informationThis press release is issued in connection with the disclosure and reporting obligations as set out in Article 5(1)(b) Regulation (EU) 596/2014 and Article 2(2) of the Commission Delegated Regulation (EU) 2016/1052 that contains technical standards for buyback programs. Attachment press releaseErreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données Erreur lors de la récupération des données