Carbon capture is vital to meeting climate goals, scientists tell green critics

Supporters insist that storage technology is not a costly mistake but the best way for UK to cut emissions from heavy industry

Engineers and geologists have strongly criticised green groups who last week claimed that carbon capture and storage schemes – for reducing fossil fuel emissions – are costly mistakes.

The scientists insisted that such schemes are vital weapons in the battle against global heating and warn that failure to set up ways to trap carbon dioxide and store it underground would make it almost impossible to hold net emissions to below zero by 2050.

Continue reading...

US police used British anti-riot gear at Black Lives Matter protests

Revelation contradicts official assurance that no UK-made equipment was used to repress peaceful demonstrations

US law enforcement officers used British anti-riot gear to strike protesters during their controversial policing of Black Lives Matter demonstrations, despite assurances from the Conservative government that no UK-made equipment was used to repress peaceful protest.

Officers deployed at demonstrations in Washington DC hit protesters and in one case a journalist using shields made by the British-based firm DMS Plastics. Video and photographs suggest, and a lawsuit alleges, that officers charged at protesters, rather than acting in self-defence. US forces deny the allegations.

Continue reading...

Rolls-Royce reports record £5.4bn loss as Covid-19 hits aviation

Several production sites to close after slump in demand for jet engines

The jet engine maker Rolls-Royce made a record loss of £5.4bn in the first half of the year, after the collapse in international travel during the pandemic led to to a slump in demand.

The Derby-based company said it had originally expected to manufacture 450 engines during 2020 but now planned to deliver only 250.

Continue reading...

Covid-19: UK economy plunges into deepest recession since records began

GDP falls 20.4% – the worst of any G7 nation in the three months to June

Britain has entered the deepest recession since records began as official figures on Wednesday showed the economy shrank by more than any other major nation during the coronavirus outbreak in the three months to June.

The Office for National Statistics (ONS) said gross domestic product (GDP), the broadest measure of economic prosperity, fell in the second quarter by 20.4% compared with the previous three months – the biggest quarterly decline since comparable records began in 1955.

Continue reading...

Brexit will deliver double shock to UK economy, study finds

Exclusive: LSE report says even sectors unscathed from coronavirus crisis will be severely affected

A Brexit hit is looming for sectors that have emerged relatively unscathed from the Covid-19 pandemic, analysis by the London School of Economics suggests.

The LSE report says Brexit will deliver a double shock to the economy – with business conditions worsening for those sectors that have survived the impact of coronavirus and lockdown measures – whether Boris Johnson secures a deal with the EU or not.

Continue reading...

Battery firm chooses Welsh site for Britain’s first gigafactory

Startup firm Britishvolt, serving energy storage and electric cars, plans 30GWh battery plant at Bro Tathan

A startup company with plans to build Britain’s first gigafactory to make batteries for electric cars has chosen a site in south Wales for the plant after discussions with the Welsh government.

Britishvolt, which in May launched an ambitious effort to create a £1.2bn factory, has signed a memorandum of understanding with the Welsh government ahead of signing a lease for a former Royal Air Force base at Bro Tathan business park, south Wales.

Continue reading...

Angela Merkel has become the spend, spend, spend chancellor | Larry Elliot

With its €130bn stimulus package, Germany is showing others how to do the recovery

And in one bound she was transformed. For Angela Merkel, the days of being lampooned as the archetypal Swabian housewife keeping tight control over the purse strings are over. Now, courtesy of a €130bn (£116bn) stimulus package, she is the spend, spend, spend chancellor.

Make no mistake, much of the past criticism of Germany’s frugal approach to government spending and budget deficits was justified. Saving some money for a rainy day is one thing but running surpluses worth 8% of national output was unnecessary and harmful to the global economy.

Continue reading...

Carmakers press for EU and UK subsidies after slump in demand

Green campaigners say giving subsidies to all cars would be missed opportunity

Carmakers are negotiating with the EU and UK for subsidies to help boost demand for new vehicles, but campaigners are concerned that the stimulus could end up paying for pollution unless emissions restrictions are imposed.

The carmakers argue that subsidies would help kickstart demand as lockdown measures ease and factories reopen, preventing tens of thousands of job losses amid a global slump in car orders.

Continue reading...

Ford set to restart main European car factories on Monday 4 May

Production will begin slowly with UK plants remaining shut until later in the spring

Ford said it would restart its main European car factories on Monday 4 May, but its UK plants in Dagenham and Bridgend will stay closed until later in the spring.

The US car giant, which closed its European and North American factories at the height of the coronavirus pandemic in mid-March, said production would begin slowly with strict standards on social distancing and safety precautions.

Continue reading...

UK lockdown could end ‘with sector-by-sector plan’ for firms

Industries like manufacturing could return to normal before entertainment companies, according to Whitehall sources

Ministers are looking at ending the coronavirus lockdown with a “gradual sector-by-sector approach” that could see vital industries such as manufacturing get back to work before less critical ones like entertainment, according to Whitehall sources.

Two officials said one of the main options being explored for ending the lockdown was the idea of a phased return by industry, with civil servants in the Department for Business, Energy and Industrial Strategy among those looking at how it could work.

Continue reading...

Javid comments on non-alignment with EU prompt warnings of price rises

Chancellor’s remarks represent ‘death knell for frictionless trade’, experts warn

Businesses have predicted price rises after the UK chancellor, Sajid Javid, said there would be no alignment with EU regulations once Britain’s exit from the European Union was made official.

In what is being seen as an opening salvo in the next stage of negotiations, Javid said the Treasury would not lend support to manufacturers that favour EU rules as the sector had had three years to prepare for Britain’s transition.

Continue reading...

No-deal Brexit will have ‘seismic’ impact, says European car industry

Carmakers fear disorderly exit would cripple the just-in-time supply chain, investment and lead to tariff barriers

The European car industry has warned of catastrophic effects of a no-deal Brexit, saying it would have a “seismic” impact on making cars in Europe.

In a rare joint statement, chiefs from 23 automotive business associations across Europe joined forces to caution against a brutal exit from the bloc by Britain, where auto giants BMW, Peugeot PSA and Japan’s Nissan have factories.

Continue reading...

BMW boss urges Boris Johnson to abandon no-deal Brexit

German carmaker’s CEO offers to travel to London to deliver message to PM saying ‘listen to business’

The boss of BMW has urged Boris Johnson to respond to calls from business to find a compromise on Brexit – and offered to travel to the UK to deliver the message to the prime minister in person.

Speaking as the German carmaker reported falling profits due to its investment in electric vehicles, BMW chief executive Harald Krüger said it would be a “lose-lose” scenario if the UK leaves the EU without a deal.

Continue reading...

Vauxhall Astra to be built in UK if ministers avoid no-deal Brexit

PSA Group’s decision is boost to British car industry and workers at Ellesmere Port plant

PSA Group said it will build its new Vauxhall Astra car at its Ellesmere Port plant but only on the condition the government secures a good Brexit deal.

The decision is a major boost for the embattled British car industry and the 1,100 employees at the plant, whose future had been thought to be dependent on winning the Astra contract.

Continue reading...

Whirlpool ordered by UK to recall 500,000 tumble dryers

‘Unprecedented’ government move comes four years after firm issued safety warning

The government is to order an “unprecedented” recall of up to 500,000 Whirlpool tumble dryers – four years after fire safety concerns were first raised.

The move is a dramatic escalation in a long-running controversy involving the company’s “fire-risk” tumble dryers, and its handling of an issue that may have left dangerous machines in UK homes.

Continue reading...

European companies can’t compete against global giants

Finance ministers say Europe is increasingly dependent on Chinese and US technology

It boasts the world’s second biggest economy, a huge consumer market of about 500 million people and prodigious pools of talent and capital, not to mention two of the world’s most important financial centres.

But Europe is struggling to match its great rivals, the US and China, in creating the kind of global firms that increasingly dominate the 21st-century marketplace.

Continue reading...

Bombardier puts Belfast wing-making plant up for sale

Four thousand skilled jobs at risk in Northern Ireland as Canadian firm unveils sell-off

The Canadian aerospace firm Bombardier is to sell its wing-making operation, which employs 4,000 people in Northern Ireland, sparking concern among trade unions and MPs about the impact on highly skilled jobs.

A spokesman for the prime minister said the government did not expect jobs to be affected but the trade union Unite said it was seeking stronger assurances from the government and the company.

Continue reading...

Bangladesh strikes: thousands of garment workers clash with police over poor pay

Dozens of factories have closed after more than a week of protests in which one person has died

Thousands of garment workers in Bangladesh who make clothes for top global brands have clashed with police as strike action over low wages entered a second week.

Police said water cannon and tear gas were fired on Sunday to disperse huge crowds of striking factory workers in Savar, a garment hub just outside the capital, Dhaka.

Continue reading...