Brexit

The popular new narrative for the UK auto industry is that its troubles are only temporarily to do with Brexit and much more to do with misguided policies, wrong decisions and economic swings. There’s a sharp decline in demand for luxury models from pinched Chinese consumers, while diesel sales have slumped because regulators continue to penalise them despite cleaner engines, leaving manufacturers regretting model-range investments. The EU’s new emissions testing regime has caused production problems across the continent; electric vehicle sales won’t take off until governments provide more charging points; and as interest rates begin to rise, motorists are losing the appetite for buying new cars on credit. Set against

Theresa May has just given a statement in Downing Street in which she apparently said absolutely nothing. The Prime Minister walked out to the lectern outside No.10 and offered the sort of update on her diary that is normally sent out by email from the Downing Street press office. She said that she had held talks this evening ‘with the leader of the Liberal Democrats, and the Westminster leaders of the SNP and Plaid Cymru’, adding that ‘I am disappointed that the leader of the Labour Party has not so far chosen to take part’. After a day of complaining that the Prime Minister hadn’t yet picked up the phone

Theresa May made history tonight by notching up the largest defeat for a sitting government in British political history. But despite 118 Tory MPs rebelling against the Government, May can still count on some of her colleagues to try and defend her. Step forward, Matt Hancock. The health secretary popped up on the BBC to trot out the PM’s Brexit plan B: go back to the Commons and listen to MPs on what they do want. Unfortunately for Hancock, his attempt to explain what happens next didn’t inspire Mr S with much confidence: Andrew Neil: They’re ruling out reopening the agreement. What do you do now? Matt Hancock: There are two