Rolling coverage of the latest economics and financial news
- Latest: Pound rallies after YouGov poll
- House prices up 0.5% in November
- Fastest monthly inflation since July 2018
- Annual house price inflation at 0.8%
House prices may be holding up in the face of economic uncertainty, but the same isn’t true of car production.
The number of new vehicles built in the UK fell by over 5,600 last month compared to October 2018, at 134,750. That’s a 4% decline.
In 2016, the UK motor industry hoped to be producing 2m vehicles in 2020…
…now it hopes to avoid production falling to 1m pic.twitter.com/OwDt73oNaN
Here’s our news story on the pick-up in UK house prices: