British car manufacturing is at a real low, as production figures for the first six months of the year fell to levels not seen since the 1950s, excluding lockdown. Tariff talk and trade deals taking time to sort played havoc with the industry from April onwards, though the UK does now have a framework deal which includes 100,000 cars to be exported to the US outside of the standard tariff rate.
In news affecting both workers and the Bank of England, the UK saw a slight “burst” of job vacancies in June, says the Recruitment and Employment Confederation (REC), with domestic businesses having recently been faltering in hiring due to National Insurance and minimum wage rises.
