Government may fit GPS trackers in cars as fuel duty revenue sinks

Government may fit GPS trackers in cars as fuel duty revenue sinks

The UK Government is set to lump another bill on the public, as the cost of living soars and Britain sees the biggest fall in living standards since records began. Motorists are likely to be saddled with having to make up a £35bn tax shortfall, as fuel duty revenue declines with the shift to electric … Read more

Trading app Robinhood sinks 11% in after-hours trade after posting loss

Trading app Robinhood sinks 11% in after-hours trade after posting loss

Robinhood shares fell about 11% in after-hours trading Thursday after it posted a net loss for the quarter, despite analysts’ previous estimates for quarterly revenue, as strong crypto trading boosted transaction volumes at the online brokerage. Robinhood, in its third set of results as a publicly traded company, reported a net loss of $423 million … Read more