Toyota makes sensible vehicles that are also cheap to own and run. But one of its models is incredibly affordable to maintain, even compared to other Toyotas.
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Britain’s tax wedge jumped 2.45 points in a year — 16 times the OECD average — as Reeves’s employer NI hike and frozen thresholds punish SMEs and shrink payrolls. Read more: UK employers saddled with sharpest tax rise in developed world, OECD finds
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UK steelmakers now pay up to 77% more for electricity than French and German rivals as Middle East conflict drives wholesale prices higher. UK Steel welcomes BICS but demands urgent action on wholesale power costs. Read more: UK steelmakers face 77% electricity price gap as Middle East war deepens competitiveness crisis
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Chancellor Rachel Reeves expands the British Industrial Competitiveness Scheme by 40%, cutting electricity bills by up to 25% for 10,000 UK manufacturers from April 2027. Read more: Reeves unveils 25% electricity bill cut for 10,000 manufacturers as energy costs bite
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HSBC chiefs warn the Iran conflict is denting global confidence, as UK bosses from Castore to Virgin Atlantic flag soaring costs, supply chain chaos and inflation risks. Read more: HSBC warns Iran war is shaking global confidence as UK business leaders count the cost
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British business confidence has plunged to its lowest since the first Covid lockdown as the Iran war drives up energy costs and forces firms to shelve hiring and investment plans. Read more: UK business confidence crashes to Covid-era lows as Iran conflict forces firms into survival mode
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UK retail footfall rose 2.4% in March as Easter drew shoppers back, but the BRC warns April tax rises, wage hikes and fuel costs threaten high street recovery. Read more: Easter lifts footfall but retailers brace for April cost squeeze
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The Bank of England warns the Iran war could trigger a financial crisis, with rising mortgage costs, inflation and market volatility hitting UK households. Read more: Bank of England warns Iran war could trigger financial crisis risks
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Ineos founder Jim Ratcliffe backs Conservative plans to scrap carbon taxes, arguing high levies are damaging UK industry and competitiveness. Read more: Ratcliffe backs tory plan to scrap carbon taxes amid industry pressure
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UK businesses expect higher inflation and fewer rate cuts as energy prices surge following the Iran war, according to Bank of England data. Read more: Inflation fears surge as rate cut hopes fade for UK businesses
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