Production of cars in the UK fell by almost a fifth in November compared with a year earlier, according to the industry’s trade body.

The Society of Motor Manufacturers and Traders (SMMT) blamed weaker demand in the UK and in export markets.


Marlboro cigarette maker Altria is buying a $12.8bn (£10bn) minority stake in vaping company Juul Labs.

The huge investment reveals the urgency in which the tobacco industry is seeking to recast itself to meet changing social demands- something we’ll hear more of soon in an interview with Imperial Brands CFO Oliver Tant.