Thursday, July 4, 2024
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BUSINESS LIVE: Brits go to the polls; Peel Hunt sees sales increase; Marston’s appoints new chairman

Companies publishing reports and trading updates today include Peel Hunt, Marston’s, 3i Infrastructure and Victrex.

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Demand for new cars from private buyers fell in June

Preliminary figures show that new car purchases by private buyers fell in June compared to the same month last year.

According to the Society of Motor Manufacturers and Traders, the total new car market grew slightly year-on-year, driven by an increase in purchases for fleets owned or leased by companies or other organizations.

This means that more than half a million new cars were registered in the first half of the year for the first time since 2019.

The total new car market grew by about 5 percent in the first six months of 2024 compared to the same period last year.

Aldi beats Lidl in cheapest supermarket rankings, says Which?

Aldi has been crowned the cheapest supermarket for a shopping cart of 65 items, despite rivals promising to match prices, new findings show.

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In June, the average bill for a shopping trolley of 65 items at Aldi was £118.41. That’s £32.60 less than Waitrose, which was the most expensive at £151.01.

Waitrose turned out to be almost 28 percent more expensive than Aldi for the same products in June.

Welcome to the July 4th live blog about doing business

Britons are heading to the polls en masse today for the general election. Today is also a national holiday in the US.

There are updates and company reports today from companies such as Marston’s, 3i Infrastucture and Victrix. The latest construction data is also released at 9.30am.

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