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Aston Martin has confirmed the launch date of its new V12 grand tourer – the Vanquish. The carmaker is all set to present it to the world on September 2, 2024.

https://www.thesupercarblog.com/2025-aston-martin-vanquish-to-be-unveiled-on-september-2/

September 2 first day of trading with new CEO this should improve market sentiment with hopefully 10% jump in share price

There were almost 30,000 asylum seekers in hotels across the UK at the end of June, Government figures showed.

The total of 29,585 on June 30 was down from 34,530 at the end of March and from 50,546 on June 30, 2023, according to the Home Office data

https://www.standard.co.uk/news/politics/hotels-iran-people-tamworth-government-b1177997.html

Ford faces £1.5bn hit as it cancels electric SUV project

Carmaker scales back EV plans as it finds motorists are unwilling to pay higher prices

StickyToffeePudd

I'm all for closing more branches to increase Lloyds profits, I posted about Waitrose and McDonald's as with airports they have never been so busy making lots of profits the UK is booming Lloyds is supposed to be a bellwether for UK economy but it's stalled again

Gl

Waitrose to open 100 new stores

McDonald's to open 200 new stores

What's Lloyds excuse the country is booming along

China's Geely Automotive, owner of Volvo, Polestar and Lotus in the West and regional brands such as Proton and Zeekr, announced a 575% increase in profits in the first half of the year.

Revenue of RMB 107.305 billion ($15 billion) was up 46.6% year on year, while net profit jumped to RMB 10.598 billion ($1.5 billion).

JP Morgan bumped up their growth forecasts for the UK economy in the third quarter of this year following last week’s GDP figures.

The investment bank now expects the economy to grow 0.4 per cent between July and September, up from a previous estimate of 0.3 per cent. This equates to an annualised growth rate of 1.5 per cent.

JP Morgan’s upgrade comes on the back of a busy week of data for the UK economy. According to figures released last Thursday, GDP grew 0.6 per cent in the second quarter, continuing the UK’s surprisingly strong start to 2024.

https://www.cityam.com/jp-morgan-nudges-up-uk-growth-forecasts-after-latest-gdp-figures/

This FTSE 250 has a 71.6% discount! What’s the catch?

https://www.fool.co.uk/2024/08/17/this-ftse-250-has-a-71-6-discount-whats-the-catch/

Verstappen and rival sign for Aston Martin - How Stroll could spend his billions in 2027

Aston Martin are building one of the most exciting projects in F1 with a significant budget

https://www.express.co.uk/sport/f1-autosport/1937033/Max-Verstappen-Aston-Martin-Lawrence-Stroll/amp

"why anyone with an investment would go out of their way to talk it down"

Why are investors ramping the stock when the company constantly lies to its shareholders this company will have another placing before any JV it doesn't give two f____ about its shareholders

Iron ore set for weekly loss as soft China steel prices hurt demand prospects

https://www.xm.com/research/markets/allNews/reuters/iron-ore-set-for-weekly-loss-as-soft-china-steel-prices-hurt-demand-prospects-53907128

Office for National Statistics data on Thursday morning confirmed the UK economy grew over the second quarter.

GDP expanded by 0.6% during the three months to June, following a 0.7% rise during the second quarter.

This was as the service sector grew 0.8%, offsetting declines across the production and construction industries.

Compared to a year earlier, real GDP is estimated to have climbed 0.9%, according to the ONS.

Https://thewest.com.au/business/mining/iron-ore-price-pain-drags-fortescue-and-bhp-shares-to-fresh-lows-not-experienced-in-nearly-two-years-c-15700760

The London stock market is now the top choice among European investors while sentiment towards the single currency bloc collapses.

In a major vote of confidence in Britain, a survey by Bank of America found increasing numbers of investors plan to buy UK-listed shares over the next year.

By contrast, the poll of European fund managers found German, French, Italian and Spanish stock markets firmly out of favour.

A separate report found economic sentiment towards the eurozone is falling at its fastest pace since the pandemic struck.

Germany, the region’s largest economy, suffered its worst fall in two years, according to ZEW economic research institute.

‘The economic outlook in Germany is breaking down,’ said ZEW president Achim Wambach, while Robin Winkler, chief German economist at Deutsche Bank, said optimism over a recovery in the country has ‘completely evaporated’.

https://www.thisismoney.co.uk/money/markets/article-13739789/European-Investors-flock-Britain-single-currency-bloc-falls-favour.html

Https://www.luxurylifestylemag.co.uk/drive-sail-and-fly/the-future-is-now-a-fresh-perspective-on-the-high-end-used-car-market/

Inflation data from the Office for National Statistics data on Wednesday morning showed the consumer price index ticked up by 2.2% in July.

This was above the Bank of England’s 2% target, but below market expectations for a rise of 2.3%

Futures had London’s blue chips adding 30 points at Wednesday’s open, as investors mull the scope for further Bank of England rate cuts in the coming months

Aston Martin are “sparing no expense” in their efforts to beat Mercedes to the signing of Max Verstappen from Red Bull for the F1 2026 season.

That is the claim of former Red Bull driver Robert Doornbos, who is convinced that Aston Martin “will do everything” to sign Verstappen in their determination to become “the best of the best” in F1.

https://www.planetf1.com/news/aston-martin-plan-steal-max-verstappen-red-bull-mercedes

Less than 3 weeks until Adrian Hallmark takes the helm great track record turning Bentley around no doubt will hit the ground running selling quality again he took Bentley from operating loss £246 million to £605 million operating profits, with sales rising from 10,500 to 15,174 the future is looking great at AML

"Jaguar is doing an Aston Martin"

Aston Martin stop making it's EV as the market has fallen out of love with electric vehicles it's pushing a head with V8 and V12 for customer demands

Be another placing before any JV look at the company history