Electric cars help UK factories recover; eurozone inflation expected to ease

UK car output up 32% on last year in July Good morning, and welcome to our live coverage of business, economics and financial markets. UK car production rose year-on-year for the sixth consecutive month in July, as the global chip shortage eased and the numbers of electric cars and hybrids rose. Production from UK factories rose by 31.6% in July compared to last year, according to new data from the Society of Motor Manufacturers and Traders (SMMT). Output remains 29% below 2019, before the coronavirus pandemic (although that includes the effect of Honda’s closure of a plant in Swindon). More than eight-in-10 cars made in the UK were shipped overseas. The top destination market, as eve

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