UK inflation has fallen to its lowest since March last year due to a drop in petrol, food and airfare prices.
The drop has raised the likelihood that the Bank of England will cut interest rates next month, with economists predicting that inflation is on track to drop to target levels by April.
The rate of Consumer Prices Index (CPI) inflation decreased to 3% in January from 3.4% in December, the Office for National Statistics (ONS) said.
Telecoms group Virgin Media O2 has warned over falling sales and earnings in 2026 as it revealed hefty mobile customer losses after hiking prices.
The group said it lost 397,500 mobile customers on a net basis last year, with a 164,800 plunge in the fourth quarter largely due to O2 price hikes.
Last October, Virgin Media O2 announced it would put up prices for its 15.6 million mobile customers by £2.50 a month from spring 2026, having previously said the increase would be £1.80.
Lunaz has commemorated its 50th commission with a completely bespoke version of the Aston Martin DB6.
Founded in 2018, Lunaz has specialised in reworking and updating several iconic cars, and developed the first electric Rolls-Royce, too. Since then, it has been ‘remastering icons’ from Bentley, Aston Martin and Jaguar.
This latest commission – the brand’s 50th – returns to the world of hand-built engines for a special project requested by a ‘long-standing Lunaz client’ and will be debuted to the public in late summer of this year.
Peter Waddell has been accused in court of using his disabilities as a ‘fig leaf’ to excuse ‘egregious misconduct’ after his 2024 ousting from Big Motoring World. He denies wrongdoing and claims unfair dismissal and discrimination.
mfldirect, the remarketing arm of Motability Operations, sells 250,000 ex-Motability cars annually to 4,000 dealers. Offering low-mileage, one-owner stock with no buyer fees, it provides fixed-price and auction options, with strong seasonal demand reported in January.
Polestar plans four new models in three years, including the Polestar 5, updated Polestar 4 and Polestar 2, plus a compact SUV, the Polestar 7, boosting dealers and targeting core EV segments.
