No-deal Brexit would decimate UK motor industry, says Jaguar Land Rover chief

If the UK does not mange to agree a deal with the EU,over Brexit, it could lead to tens of thousands UK motor industry jobs being lost. These worrying forecasts come from Ralf Speth, chief exec of Jaguar Land Rover. Speth made these comments at the zero emissions summit in Birmingham. He told Sky News: "Just one part missing could mean stopping production at a cost of £60m a day. That is a huge risk. We depend on free, frictionless,...

Mark Carney will remain at Bank of England to help economy through Brexit process

These are turbulent times and the Governor of the Bank of England is going to extend his period in the role before stepping down. He will now remain in post until January 2020. Carney said in a letter to UK treasury chief Philip Hammond. "I recognise that during this critical period, it is important that everyone does everything they can to support a smooth and successful Brexit," Carney is the first foreigner to run Britain's central bank, and was appointed...

Flight testing has begun on first electric-powered flying taxis 

A company is set to change air travel forever after launching electric-powered flying TAXIS capable of travelling almost 200mph. Ambitious start-up Vertical Aerospace has become the first company in the UK to successfully build and flight test the vertical take-off and landing, drone-style aircraft. A company is set to change air travel forever after launching this electric-powered flying TAXI capable of travelling almost 200mph. The battery-powered taxi, which is fitted with four rotors, is capable of carrying between two and...

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