UK labour shortage hits consumer firms, as car production tumbles – business live | Business

[ad_1] Photograph: Andy Rain/EPA Good morning, and welcome to our rolling coverage of the world economy, the financial markets, the eurozone and business. The UK supply chain shortage continues to grip the economy, with consumer-facing companies grow more worried about the economic outlook as they struggle to find workers… and car production slumps. Firms such … Read more

Millions of electric car batteries will retire in the next decade. What happens to them? | Environment

[ad_1] A tsunami of electric vehicles is expected in rich countries, as car companies and governments pledge to ramp up their numbers – there are predicted be 145m on the roads by 2030. But while electric vehicles can play an important role in reducing emissions, they also contain a potential environmental timebomb: their batteries. By … Read more