Member Info for mick-b

"Jaguar Land Rover’s owner has announced a new flagship electric vehicle battery factory in the UK, after securing hundreds of millions in government funding."

£500m Government funding to beat Spain they reckon

"watkins jones tanking "

just bought for just a trade

Loads of cash

"watkins jones tanking "

shocking results

CEO leaves

GRIM !!

47p

Brexit voters should be deported....

Everything will be a roll today

Futures up 0.85% on FTSE100 NOW !

FTSE100 UP 0.85%

https://www.ig.com/uk/indices/markets-indices/ftse-100

Posted at 7:217:21

'Still some way to go' - ONS chief economist

Grant Fitzner, chief economist at the Office for National Statistics, is on BBC Radio 4's Today programme, and says drops in motor fuels and food prices drove inflation rate down.

He says inflation is falling, but "we still look like we may have the highest inflation in the group of seven countries, so still some way to go".

Fitzner says lower energy prices, and a drop in petrol and diesel prices, are encouraging and positive factors in the general trend for falling prices.

https://www.bbc.co.uk/news/live/business-66231510

STILL the highest in the G7

LONDON — U.K. inflation cooled significantly in June, coming in below consensus expectations at 7.9% annually.

Economists polled by Reuters had projected an annual rise in the headline consumer price index of 8.2%, following the hotter-than-expected 8.7% reading of May, as annualized price rises continue to run well above the Bank of England’s 2% target.

On a monthly basis, headline CPI increased by 0.1%, below a consensus forecast of 0.4%. Core inflation — which excludes volatile energy, food, alcohol and tobacco prices — remained sticky at an annualized 6.9%, but fell from a 31-year high of 7.1% in May.

Still the highest in the G7

FTSE100 SHOT UP TO 0.55%

view live >>>>>>

https://www.ig.com/uk/indices/markets-indices/ftse-100

https://www.teletrader.com/europe-higher-premarket-ahead-of-uk-inflation-data/news/details/60340073?internal=1

Https://www.teletrader.com/uk-inflation-down-to-7-9-in-june/news/details/60340065?internal=1

FTSE100 FLAT

view live >>>>>

https://www.ig.com/uk/indices/markets-indices/ftse-100

Off shore wind farms have massively long cables that lose power

whereas onshore wind farms hook straight on to national grid

15 Countries That Produce the Most Wind Energy

#9 Canada. ...

#8 France. ...

#7 Brazil. ...

#6 United Kingdom. ...

#4 India. ...

#3 Germany. 2021 Megawatts of Installed Wind Turbine Capacity: 63,760. ...

#2 United States. 2021 Megawatts of Installed Wind Turbine Capacity: 132,738. ...

#1 China. 2021 Megawatts of Installed Wind Turbine Capacity: 328,973.

“If I had asked people what they wanted,

they would have said faster horses.”

Henry Ford

Britain is broke and can't borrow more.....so less funding everywhere.

Stagflation for years is the fear!

Jaguar Land Rover-owner Tata will announce plans to build its flagship electric car battery factory in the UK.

People familiar with the matter said the new plant in Somerset would be officially announced on Wednesday.

The government is providing subsidies worth hundreds of millions of pounds, sources said.

Some in the car industry have described the plant as the most important investment in UK automotive since Nissan came to Britain in the 1980s.

The investment could lead to the creation of up to 9,000 jobs in the Bridgwater area. But its significance lies in the boost it will give to the sector as it transitions from petrol and diesel to making electric vehicles.

The government has been criticised for lacking a clear industrial strategy and falling behind the US and EU in attracting investment in low-carbon technologies.

Some industry insiders hope that the Tata battery investment will open the door to further battery investments in the UK.

The UK currently only has one plant in operation next to Nissan's Sunderland factory, and one barely on the drawing board in Northumberland.

Another proposed battery manufacturer, in the north east of England, Britishvolt, went into administration earlier this year.

By contrast the EU has 35 plants open, under construction or planned.

https://www.bbc.co.uk/news/business-66237935

My Hydrogen shares are flying

CWR and ITM

up 10%

Bought have been oversold