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Electric Vehicle Group Warns Against Hybrid Cars in 2030 Ban
Britain must adhere to its plan to stop selling new full hybrid cars without a plug by 2030, or risk a “catastrophic misstep” that could derail its net-zero ambitions, according to the motoring group Electric Vehicles UK (EVUK).
The Department for Transport (DfT) plans to enforce a ban on the sale of new purely petrol and diesel cars starting 1 January 2030. Currently, a consultation is underway to determine which types of hybrid vehicles could remain on sale until the end of 2034. Full hybrids, such as the Toyota Prius, use an internal combustion engine to recharge their batteries and can only travel a short distance on electric power alone.
Dan Caesar, chief executive of EVUK, strongly warned that allowing full hybrids to remain on the market would be a major setback, undermining public confidence in the shift to fully electric vehicles. Caesar emphasized that while he supports allowing plug-in hybrids — which can drive longer distances on electric power alone — to remain on sale until 2035, full hybrids do not contribute to genuine zero-emission motoring. “Permitting full hybrids would erode public trust in the transition to electric vehicles,” Caesar said.
Dr Andy Palmer, former chief executive of Aston Martin and former operating chief of Nissan, also weighed in, acknowledging that while full hybrids are better than mild hybrids, they “belong to the late 1990s.” Palmer echoed concerns that full hybrids do not offer meaningful progress toward reducing emissions.
Under the zero-emission vehicles (ZEV) mandate introduced this year, car manufacturers are required to sell a certain percentage of pure electric vehicles annually. This target begins at 22% in 2024 and rises to 80% by 2030. However, some industry stakeholders, including Stellantis (the owner of Vauxhall), have voiced concerns over potential job losses if the timeline for phasing out hybrids remains as planned.
A spokesperson for the Department for Transport reassured that the government intends to work closely with the automotive industry to ensure a smooth transition, pointing out that “drivers are already embracing electric vehicles faster than ever.” The DfT’s efforts aim to encourage a sustainable future, with an emphasis on electric vehicles as the key to achieving net-zero emissions by 2050.
As the 2030 deadline approaches, debates over the role of hybrid vehicles in the transition to electric transportation continue to be a focal point for policymakers and industry leaders alike.
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Amazon MGM Takes Creative Reins of James Bond Franchise Amid Casting Buzz
In a landmark shift for the James Bond franchise, Amazon MGM has partnered with long-time producers Michael G. Wilson and Barbara Broccoli to oversee the future of 007. While all three entities retain co-ownership of the Bond intellectual property, Amazon MGM will now lead creative decisions, marking a significant departure from its previously limited role.
The move follows Amazon’s $8.5 billion acquisition of MGM in 2021, which granted it partial ownership but little say in the franchise’s artistic direction. With Daniel Craig’s departure after 2021’s No Time to Die, speculation about the next James Bond has intensified. Jeff Bezos, Amazon’s founder and executive chairman, fueled the debate by asking his followers on social media platform X, “Who’d you pick as the next Bond?” The overwhelming response highlighted British actor Henry Cavill as a fan favorite. Known for roles in Superman, The Witcher, and Mission: Impossible – Fallout, Cavill previously auditioned for the role in 2006’s Casino Royale but lost to Daniel Craig. Director Martin Campbell praised Cavill’s audition but deemed him too young at the time. Now in his early forties, Cavill’s age could be a factor if long-term commitments are considered.
Daniel Craig acknowledged Wilson and Broccoli’s contributions, telling Variety, “My respect, admiration, and love for Barbara and Michael remain constant and undiminished.” With Wilson stepping back and Broccoli expected to reduce her involvement, Amazon MGM gains greater creative control, raising questions about the franchise’s future direction.
Fan speculation continues to swirl around Cavill, alongside other contenders like Taron Egerton, Tom Hardy, and Idris Elba. While Amazon MGM has yet to announce a timeline or reveal casting decisions, industry watchers anticipate a new era that may extend beyond traditional films, potentially including spin-offs, series, and streaming exclusives. As the studio reshapes Bond’s future, audiences worldwide eagerly await the next chapter in the iconic spy saga.
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Global Hiring Slump Marks Longest Downturn in Decades, Says Hays CEO
The global job market is experiencing its longest downturn in over 20 years, according to Dirk Hahn, CEO of Hays, Britain’s largest listed recruitment firm. Hahn attributes the slump to ongoing macroeconomic uncertainty, which is deterring both employers and job seekers from making moves.
Hays, which employs nearly 7,000 consultants worldwide, reported weaker demand for temporary workers in early 2025, while demand for permanent roles—particularly in Europe—remains sluggish following a pre-Christmas dip. Countries such as France, the UK, Ireland, and Germany, Hays’s largest market, are feeling the pressure most acutely.
In the six months leading up to December, Hays reported a 15% drop in group net fees, falling to £496 million from £583.3 million the previous year. Pre-tax profits fell sharply by 67% to £9.1 million, compared to £27.6 million during the same period the prior year. Hays’s share price, already down 25% over the past year, dipped a further 1.8% on Thursday, closing at 71¾p and placing the company’s market value just below £1.2 billion. Despite declining profits, the company will maintain its interim dividend at 0.95p per share.
While the broader UK labor market has shown resilience with limited mass layoffs, businesses remain cautious about expanding their workforce. “Most companies have enough work to retain their current staff, but they’re not looking to increase headcount,” said James Hilton, Hays’s chief financial officer. “Many employees who received pay increases in recent years are not seeking new roles, creating a stalemate. However, over time, people will seek promotions or fresh challenges.”
Recruiters had anticipated a market recovery earlier this year, but Hahn now warns that the rebound may not materialize until 2026. In the meantime, Hays is focusing on its technology recruitment division—its most profitable segment—as it navigates the prolonged global hiring slowdown.
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UK Government Reports Lower-Than-Expected Budget Surplus in January
The UK government reported a budget surplus of £15.4 billion in January, falling short of economists’ forecasts of £21 billion and the £19 billion predicted by the Office for Budget Responsibility (OBR). Despite January typically seeing a boost from self-assessment tax payments, the lower-than-expected figure has increased total borrowing for the financial year to £118.2 billion—over £11 billion more than the previous year.
The government’s debt-to-GDP ratio now stands at 95.3 per cent, a level last observed in the 1960s. With the OBR set to release updated forecasts on March 26, there are concerns that the government may struggle to meet its goal of reducing the debt ratio by 2029. This could lead to potential spending cuts or tax hikes in the autumn budget.
Reduced debt-servicing costs helped boost January’s surplus, dropping from £9 billion in December to £6.5 billion. However, this was partially offset by a £6 billion one-off expense related to the government’s repurchase of military housing from private firm Annington.
Darren Jones, chief secretary to the Treasury, emphasized the government’s commitment to “economic stability and meeting our non-negotiable fiscal rules.” He also noted that a comprehensive spending review—the first of its kind in 17 years—is underway to ensure that public funds are used efficiently and aligned with national priorities.
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