All the day’s economic and financial news, as British drivers continue to shun diesel cars * Latest: UK car sales have fallen again * But services sector growth hits four-month high Earlier: * Introduction: Markets worry about tariffs and Italian election * Shares down in Milan. Italian bonds hit too * Italy election: hung parliament on the cards as populist parties surge – live! 10.27am GMT NEWSFLASH: GREECE HAS RECORDED ITS FOURTH QUARTER OF GROWTH IN A ROW.... JUST. #Greece's economy grew by 0.1% in the 4th quarter compared to the 3rd and by 1.9% on a yearly basis 10.09am GMT NATHAN COE, CHIEF FINANCE OFFICER OF AUTO TRADER, RECKONS ANXIETY OVER BRITAIN’S EXIT FROM THE EU IS DETERRING PEOPLE FROM BUYING NEW CARS: “The dip in new car registrations continues to reflect the serious decline in diesel sales and the broader UK economic environment. “This is further compounded by the uncertainty car buyers have over Brexit, with over sixty per cent saying it is causing them to delay or change their car buying plans. You could call it Brexiety I suppose! Continue reading...
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