5:57 am, October 30, 2026
Revised Hyundai Ioniq 6 goes on sale in the UK
Hyundai has confirmed that its updated Ioniq 6 has gone on sale in the UK with the streamlined new model now benefiting from the full Electric Car Grant.
First introduced in 2022, the Ioniq 6 has been revised with a sharper look and a larger battery than before which unlocks a range of up to 422 miles in rear-wheel-drive cars.
On the outside, the Ioniq 6 has been given a reprofiled front end while at the rear, the previous generation’s spoiler has been replaced by a ducktail spoiler for a stealthier appearance.
The GSG Style Peralta D is a copper-clad supercar
Italian design house GSG Style has created a new supercar with an unusual exterior material: hand-hammered copper.
The Peralta D has been designed by Fabrizio Giugiaro, son of Giorgetto Giugiaro, the founder of famous design house Italdesign.
Following on from GSG Style’s previous car – the Peralta S – Peralta D follows a typical 2+2 formula and is formed around a carbon fibre structure with an aluminium chassis underneath. It uses Maserati’s Gran Turismo as a base, but gets a number of upgrades and revisions, including wheels with a geometric pattern inspired by designs of the 1970s.
London stocks closed higher
Stocks in London closed higher on Thursday, as investors weighed earnings, rate calls in Europe and the US and a hefty share price fall for Google owner Alphabet.
In London, the FTSE 100 Index ended up 27.57 points, 0.3%, at 10,722.07.
The FTSE 250 ended 34.90 points higher, 0.1%, at 24,674.16, and the AIM all-share advanced 2.53 points, 0.3%, at 763.45.
Poundland to appoint administrators with thousands of jobs at risk
High street discounter Poundland has filed to appoint administrators, threatening the future of around 12,000 workers.
Court filings show that the retailer has filed a notice of intention to appoint administrators on Thursday afternoon, which will give the business 10 working days of breathing space from creditors to secure a potential rescue deal.
Advisers are still in talks with parties interested in buying the brand and swathes of stores.
Mortgage approvals fall further to lowest since 2023
The number of mortgage approvals made to home-buyers has fallen to its lowest level for almost three years, according to Bank of England figures.
Official figures from the central bank show 53,443 mortgages were approved for house purchases in September.
It marked the lowest monthly figure since December 2023, according to Bank data.
The Bank had reported roughly 54,900 mortgage approvals in August.
Bank tax hike ‘unhelpful’
A top executive of Lloyds Banking Group has criticised a hike to bank taxes as “unhelpful” to achieving UK economic growth, as he urged the Government to ensure it remains temporary.
Chief financial officer William Chalmers reacted to a planned doubling of the bank’s corporation tax surcharge announced in Wednesday’s autumn Budget statement.
The remarks came on the day Lloyds reported a near-doubling of its profits for its third quarter of 2026.
Car Dealer headlines you might have missed
Get ready for another new Chinese brand as International Motors prepares to launch Foton
International Motors is preparing to introduce another Chinese vehicle brand to the UK, with Foton set to join its portfolio.
Volkswagen Group profits plunge 99% amid Porsche writedown and China woes
Volkswagen Group has seen profits collapse by 99% as a Porsche writedown and growing competition in China hit its financial performance.
Range Rover GT to target 80% conquest buyers as JLR plots expansion into new market
JLR is hoping to attract 80% of Range Rover GT buyers from rival brands as it prepares to expand into a new market.
UK car production surges 38.6% but SMMT warns EV targets are putting jobs at risk
UK car production has jumped 38.6%, although the SMMT has warned that government EV targets are threatening British automotive jobs.
Lithia opens new Genesis dealership in Leeds as luxury brand expands UK network
Lithia has opened a new Genesis dealership in Leeds as the Korean luxury car brand continues to grow its UK presence.
Santander profits slide 6% as car finance compensation scandal begins to take toll
Santander has reported a 6% fall in profits as the growing cost of the car finance compensation scandal begins to impact its results.
Motor trade slams Budget for failing to support businesses
Business leaders have criticised the Budget for failing to support businesses, warning that continued uncertainty over EV policies could damage car sales and threaten industry growth.
Weather
Fog will slowly clear today, leaving bright spells of sunshine and mild temperatures, although some areas may remain misty into the afternoon.
Tonight will be mostly dry, with dense fog developing across England and Wales and some rain possible in northwest Scotland.
The weekend and early next week will remain largely dry and settled, with sunny spells but widespread fog that could be slow to clear.