News Round-Up

Jun 8: Sunak vows to axe stamp duty; Farage won TV debate – poll; Fiat’s new hybrid 500

Here are the headlines on Saturday, June 8

Time 6:51 am, June 8, 2024

Sunak vows to axe stamp duty after Mordaunt criticises his actions on D-Day

Prime minister Rishi Sunak has pledged to axe stamp duty for first-time buyers on homes up to £425,000.

The commitment comes after Penny Mordaunt branded the prime minister’s decision to leave the D-Day 80th anniversary events early as ‘completely wrong’. Mordaunt, a Navy reservist, said it was right that Sunak apologised not only to veterans but to the public, although she added the issue should not become “a political football”.

The Conservatives’ manifesto commitment to abolish stamp duty builds on a proposal from former prime minister Liz Truss’s Growth Commission. Stamp duty land tax currently applies to sales over £250,000, with the proposed change impacting 200,000 households every year, The Telegraph reported.


Nigel Farage won seven-party BBC debate, according to viewer poll

Reform UK’s Nigel Farage won the BBC’s seven-party BBC debate on Friday night, according to a snap viewer poll.

The line-up featured Penny Mordaunt, the Conservative Leader of the House of Commons, Labour deputy leader Angela Rayner, Liberal Democrat deputy leader Daisy Cooper, SNP Westminster leader Stephen Flynn, Plaid Cymru’s Rhun ap Iorwerth, Green Party co-leader Carla Denyer and Farage.

The poll, conducted by researchers More In Common, asked more than 1,000 viewers who won the debate with 25% of those surveyed opting for Mr Farage. Among those who voted Conservative in 2019, 47% placed the Reform leader at the top of the pile. Rayner was favoured by 19% of the respondents, while 14% said there was no winner. Just 7% of those surveyed said Mordaunt was the winner of the debate.


Search to resume for missing TV doctor Michael Mosley on Greek island

The search for missing TV doctor and columnist Michael Mosley is set to resume on the Greek island of Symi.

Emergency crews had paused the search at 8pm Greek time on Friday as dusk fell, but will recommence on Saturday morning in a bid to find the 67-year-old who vanished on Wednesday after setting off on a walk to the centre of the island.

Police and firefighters had been using drones to try to locate Mr Mosley, while divers and the local coast guard had joined rescue efforts, alongside local residents who were said to be using their own boats to find the British national.

Unite refuses to endorse Labour manifesto

One of the UK’s largest trade unions has declined to endorse the Labour election manifesto after accusing the party of weakening its package of workers’ rights.

Unite refused to give its backing to the final version of the policy document, which was signed off on at the party’s closed-doors Clause V meeting on Friday.

Sources told the PA news agency that Labour’s stance on practices like fire-and-rehire meant the affiliated union could not support its policy platform, raising questions about whether it will fund the party as the election looms.

Union urges junior doctors to accept pay offer from Welsh government

The British Medical Association (BMA) has recommended that junior doctors, specialist doctors and consultants accept new pay offers from the Welsh government.

Under the deals, junior doctors have been offered a 7.4% additional uplift, taking the total to a 12.4% uplift for 2023-24, which will be backdated to April last year.

A revised consultant pay scale has been proposed, providing higher career earnings, increased starting pay, and an additional pay rise of up to 10.1% for some consultant doctors.


Listen to this week’s Car Dealer Podcast

Jon Reay and Rebecca Chaplin are joined by Marketing Delivery’s Jeremy Evans this week, as they chat about Caffyns’ profits dropping, Fisker taking on new dealers and Chinese EVs. You can listen to the podcast on your favourite streaming services, including Apple Podcasts and Spotify.

China’s exports grow 7.6% in May, beating expectations despite trade tensions

China’s exports in May grew at their fastest pace in more than a year despite trade tensions, though imports fell short of analyst expectations, according to customs data.

Exports jumped 7.6% in May from the same month last year to 302.35 billion dollars (£236.5bn), rising at the fastest pace since April 2023.

Imports rose by 1.8% to 219.73 billion dollars (£171bn), missing estimates of about 4% growth. The uptick in exports is also partly due to a lower base in the same period last year, when exports declined 7.5%.

Friday Car Dealer headlines you might have missed

New Fiat 500 hybrid is in the works for production alongside electric version

Fiat has announced that big plans are in the works for one of its most successful models – the 500.

The new hybrid version, called the Ibrida, will be released between late 2025 and early 2026 and will be produced at the Mirafiori plant in Turin, Italy. Produced alongside the electric 500e, it’s expected that this new-generation hybrid 500 will use the platform of its battery-powered stablemate.

The new model will be developed, designed and tested in Turin with Fiat investing €100m (circa £85m) to help improve the electric version even further with a new platform and next-generation battery technology to make it more affordable to customers.

Weather

Cloud and showers will clear the south early on and leave a day of sunny spells, reports BBC Weather. Further north, the sunny spells will be punctuated by blustery showers. Highs of 18 degrees – below average for this time of year.

Further cloudy and showers for the north tonight, while the south will have clear skies. A cool night.

James Batchelor's avatar

James – or Batch as he’s known – started at Car Dealer in 2010, first as the work experience boy, eventually becoming editor in 2013. He worked for Auto Express as editor-at-large and was the face of Carbuyer’s YouTube reviews. In 2020, he went freelance and now writes for a number of national titles and contributes regularly to Car Dealer. In October 2021 he became Car Dealer's associate editor.



More stories...

Motors Advert
Server 108