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Nov 20: Inflation set to rebound; Farmers protest in London; New Merc CLA details – Car Dealer Magazine
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href="https://cardealermagazine.co.uk/publish/category/news-round-up">News Round-Up</a> > <span class="breadcrumb_last" aria-current="page">Nov 20: Inflation set to rebound; Farmers protest in London; New Merc CLA details</span></span></span></span></p></div></div> <div class="container wide"> <div class="block1"> <section class="story header"> <div class="img-hold"> <img width="640" height="360" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20640%20360'%3E%3C/svg%3E" data-src="https://dotyumzonirqv.cloudfront.net/publish/wp-content/uploads/2024/11/Mercedes-CLA-640x360.jpg" class="story lead medium wp-post-image lazy" alt="Mercedes CLA" data-srcset="https://dotyumzonirqv.cloudfront.net/publish/wp-content/uploads/2024/11/Mercedes-CLA-640x360.jpg 640w, https://dotyumzonirqv.cloudfront.net/publish/wp-content/uploads/2024/11/Mercedes-CLA-1920x1080.jpg 1920w, 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tag">News Round-Up</a></span></p> <h1 class="story title">Nov 20: Inflation set to rebound; Farmers protest in London; New Merc CLA details</h1> <div class="summary"> <ul> <li>Here is your early morning news digest for Wednesday, November 20</li> </ul> </div> </div> </section> <section class="col-1"> <article class="single"> <div class="carde-headline-banner" id="carde-745641281"><a data-bid="1" href="https://cardealermagazine.co.uk/publish/linkout/307425" target="_blank"><div style="text-align:center;"><img class="lazy" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20600%2090'%3E%3C/svg%3E" data-src="https://dotyumzonirqv.cloudfront.net/publish/wp-content/uploads/2024/11/0679-SAF-DriveTrust-CD-Midpage-600x120-v1.gif" width="600px" height="90px" style="width:100%; max-width:600px; height:auto" alt="Advert" /></div> </a></div> <div class="post meta"> <div class="details"> <p class="author"><a href="https://cardealermagazine.co.uk/publish/author/james-batchelor" title="Posts by James Batchelor" rel="author">James Batchelor</a></p> <p class="date"><img src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%2012%2012'%3E%3C/svg%3E" data-src="https://cardealermagazine.co.uk/publish/wp-content/themes/cardealer2021v1_1/fontawesome/svg/clock-regular-black.svg" alt="Time" class="clock lazy" width="12px" height="12px" /> 6:46 am, November 20, 2024</p> </div> <div class="share"> <p>Share</p> <ul class="social-icons"> <li class="social button facebook"><a target="_blank" href="https://www.facebook.com/sharer/sharer.php?u=https://cardealermagazine.co.uk/publish/nov-20-inflation-set-to-rebound-farmers-protest-in-london-new-merc-cla-details/310107" rel="noreferrer" aria-label="Share this post on Facebook"> <svg xmlns="http://www.w3.org/2000/svg" xmlns:xlink="http://www.w3.org/1999/xlink" width="11px" height="17px" viewBox="0 0 15 24" version="1.1" 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The data is expected to show a significant rebound in inflation in October after it dropped to a three-year low of 1.7% in the previous month.</p> <p>The economic data – which shows how much the prices of goods and services have increased or decreased – is predicted to reveal inflation of 2.2% for September, according to a consensus of economists.</p><div class="carde-4-mid-page-600px-within-content_2" style="text-align: center; " id="carde-1027470722"><a data-bid="1" href="https://cardealermagazine.co.uk/publish/linkout/299713" target="_blank"><img class="lazy" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20600%2090'%3E%3C/svg%3E" data-src="https://dotyumzonirqv.cloudfront.net/publish/wp-content/uploads/2024/03/000000-DA-Q1-Buyer-Gifs-2024-600x90-1.gif" width="600px" height="90px" alt="Advert" /> </a></div><br style="clear: both; display: block; float: none;"/> <h2>PM defends employer tax hike as retailers warn of ‘inevitable’ job losses</h2> <p>Sir Keir Starmer insisted he was ‘absolutely’ confident in the chancellor’s financial plans as he came under pressure from retailers warning of job cuts and price rises as a result of Budget tax hikes.</p> <p>The prime minister said the previous Tory government had ‘refused to take a single difficult decision’ as he defended the move to increase employers’ national insurance contributions. Asked whether he still had confidence in the government’s financial plans, he said: ‘Absolutely. We have to stabilise the economy, we have to deal with the £22bn black hole, and we need to invest in the future of our country.’</p> <p>More than 70 businesses, including Tesco, Asda and Sainsbury’s, have told Rachel Reeves in an open letter that the changes announced in last month’s Budget mean price hikes are a ‘certainty’.</p><div class="carde-5-mid-page-600px-within-content_2" style="text-align: center; " id="carde-1044346970"><a data-bid="1" href="https://cardealermagazine.co.uk/publish/linkout/308029" target="_blank"><img class="lazy" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20600%2090'%3E%3C/svg%3E" data-src="https://dotyumzonirqv.cloudfront.net/publish/wp-content/uploads/2024/09/600-x-90px.gif" width="600px" height="90px" alt="Advert" /> </a></div><br style="clear: both; display: block; float: none;"/> <h2>New Mercedes CLA will come with hybrid and electric setups</h2> <p>The next-generation Mercedes CLA (pictured top) will offer a choice of hybrid and electric powertrains using 800V technology for ultra-rapid charging.</p> <p>Yet to be fully revealed, the new CLA will come with a new hybrid petrol engine that uses 48V technology combined with an electric transmission, and come in three different power outputs. The EV version will use 800V tech, having a charging capability of up to 320kW.</p> <p>There will be design cues from the EQXX concept car, while the inside will feature Merc’s new MBUX operating system. A full reveal will take place early next year.</p> <h1>The markets</h1> <p>The FTSE 100 fell slightly on Tuesday, mostly recovering from afternoon lows caused by worries over escalating tensions around Russia’s invasion of Ukraine. London’s blue-chip index fell by 10.3 points, or 0.13%, to end the day at 8,099.02.</p> <p>At the end of the day in Europe, Frankfurt’s Dax index fell 0.67%, while the Cac 40 in Paris retreated 0.67%. In New York, the S&P 500 had gained 0.20%, while the Dow Jones was 0.22% lower.</p> <p>On currency markets the pound was trading 0.026% lower against the dollar at 1.2675 and had risen 0.089% against the euro at 1.1977.</p><div class="carde-mid-content-motorway" id="carde-1093467657"><a data-bid="1" href="https://cardealermagazine.co.uk/publish/linkout/308669" target="_blank"><img class="lazy" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%20600%2090'%3E%3C/svg%3E" data-src="https://dotyumzonirqv.cloudfront.net/publish/wp-content/uploads/2024/10/NEW-600x180-100.jpg" width="600px" height="90px" alt="Advert" /> </a></div> <h2>Government accused of ‘hammer blow’ to farmers as thousands protest in London</h2> <p>The government has been accused of dealing a ‘hammer blow’ to farmers as 13,000 people protested in Whitehall over the Budget’s impact on farming.</p> <p>TV presenter and journalist-turned-farmer Jeremy Clarkson made the comments as he joined thousands of people in central London to protest against changes to inheritance tax for farm businesses and other measures in last month’s Budget.</p> <p>The rally, which was attended by an estimated 13,000 people, according to police, was held alongside a mass lobby of MPs by members of the National Farmers’ Union (NFU).</p><div class="carde-google-ad-mid-post-1" style="margin-left: auto; margin-right: auto; text-align: center; " id="carde-806088639"><script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-8394745914545765" crossorigin="anonymous"></script> <ins class="adsbygoogle" style="display:block; text-align:center;" data-ad-layout="in-article" data-ad-format="fluid" data-ad-client="ca-pub-8394745914545765" data-ad-slot="3608494059"></ins> <script> (adsbygoogle = window.adsbygoogle || []).push({}); </script></div><br style="clear: both; display: block; float: none;"/> <h2>Starmer defends G20 trip to Brazil amid domestic concerns</h2> <p>Sir Keir Starmer has defended his trip to Brazil amid domestic concerns as he insisted there was a “direct link between the work I do internationally and the impact back at home”.</p> <p>The prime minister told Good Morning Britain that it is ‘very important’ to hold discussions that could ‘trigger’ money into the economy, having spent the last two days at the G20 summit in Rio de Janeiro.</p> <p>It comes amid concerns about the impact of Budget measures on jobs and farms, and changes to the winter fuel payment.</p> <h1>Tuesday on Car Dealer</h1> <h2><a href="https://cardealermagazine.co.uk/publish/cyber-attack-dents-arnold-clarks-profits-but-group-will-face-no-further-action/310104" target="_blank" rel="noopener noreferrer">Cyber attack dents Arnold Clark’s profits but group will face ‘no further action’</a></h2> <p>Arnold Clark’s 2023 profits fell 33% to £116m due to a Christmas 2022 cyber-attack, disrupting operations for six months. Despite rising revenues, car sales dropped, but finance arm profits grew. Security measures and cautious optimism shape its 2024 outlook.</p><div class="carde-google-ad-mid-post-2" id="carde-1402348518"><script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-8394745914545765" crossorigin="anonymous"></script> <ins class="adsbygoogle" style="display:block; text-align:center;" data-ad-layout="in-article" data-ad-format="fluid" data-ad-client="ca-pub-8394745914545765" data-ad-slot="1155335508"></ins> <script> (adsbygoogle = window.adsbygoogle || []).push({}); </script></div> <h2><a href="https://cardealermagazine.co.uk/publish/hallucinogenic-sci-fi-movie-inside-the-rather-bizarre-relaunch-of-jaguar/310077" target="_blank" rel="noopener noreferrer">Hallucinogenic sci-fi movie: Inside the rather bizarre relaunch of Jaguar</a></h2> <p>Read editor-in-chief James Baggott’s behind-the-scenes blog on the relaunch of Jaguar.</p> <h2><a href="https://cardealermagazine.co.uk/publish/jaguar-dealership-network-confirmed-to-shrink-to-around-20-showrooms/310064" target="_blank" rel="noopener noreferrer">Jaguar dealership network confirmed to shrink to ‘around 20’ showrooms</a></h2> <p>Jaguar will reduce its UK dealer network to around 20 outlets, focusing on affluent areas as it transitions to an EV-only luxury brand. A London brand store and revamped dealerships will enhance service, aligning with Jaguar’s reimagined identity.</p> <h2><a href="https://cardealermagazine.co.uk/publish/jaguars-new-logo-combines-upper-and-lower-case-letters-as-it-doubles-down-on-electric-future/310067" target="_blank" rel="noopener noreferrer">Jaguar’s new logo combines upper and lower case letters as it doubles down on electric future</a></h2> <p>Jaguar has unveiled a reimagined brand identity with a new ‘JaGUar’ logo, barcode-like ‘Strikethrough’, vibrant colours, and an updated ‘leaper’ emblem. We’ll get to see the design concept of its first EV under its new brand identity next month.</p> <h2><a href="https://cardealermagazine.co.uk/publish/subaru-importer-international-motors-to-roll-out-chinese-xpeng-to-uk/310094" target="_blank" rel="noopener noreferrer">Subaru importer International Motors to roll out Chinese Xpeng to UK</a></h2> <p>Xpeng, a Chinese EV maker, will enter the UK market in 2025 through International Motors. Launching with the G6 electric coupe-SUV, it aims to rival Tesla’s Model Y, offering advanced AI-driven features, fast charging, and innovative design.</p> <h1>Weather</h1> <p>Blustery snow showers for far northern Scotland, reports BBC Weather, while the rest of the UK will have a mixture of bright spells and wintry showers. Temperatures will be between two and eight degrees.</p> <p>Tonight will be a similar picture to today, with wintry showers in the far north. Dry in other parts although some rain and hill snow will fall in the far southwest later. A cold night.</p> <ul> <li><a href="https://cardealerlive.co.uk/?utm_campaign=bottom_of_posts_bullets"><strong>Car Dealer Live 2025: Book tickets now</strong></a></li> <li><a href="https://cardealer.substack.com/"><strong>Weekly Briefing: Read our editor’s take on the news</strong></a></li> <li><a href="https://chat.whatsapp.com/FRWKPY4QiuaEtKZBvFciF9"><strong>Join our breaking news WhatsApp group</strong></a></li> <li><a href="http://eepurl.com/hiABYP"><strong>Sign up for daily email Car Dealer news bulletins</strong></a></li> <li><a href="https://podcasts.apple.com/gb/podcast/car-dealer-podcast/id1546759512#episodeGuid=cc60ded4-3e9f-4708-8463-2e87280df347"><strong>Listen to the latest Car Dealer Podcast</strong></a></li> <li><a href="https://issuu.com/blackballmedia"><strong>Read the latest digital issue of Car Dealer Magazine</strong></a></li> </ul> <div class="carde-after-content-3-mag-embed" id="carde-754278772"><style>.embed-container { position: relative; padding-bottom: 56.25%; 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He worked for Auto Express as editor-at-large from 2014 and was the face of Carbuyer’s YouTube reviews. In 2020, he went freelance and now writes for a number of national titles and contributes regularly to Car Dealer. In October 2021 he became Car Dealer's associate editor.</p> </div> </section> <div class="ads"> <div class="carde-after-bio-2-manual" id="carde-875588948"><br><br> <script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script><script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js?client=ca-pub-8394745914545765" crossorigin="anonymous"></script> <!-- Bottom of posts --> <ins class="adsbygoogle" style="display:block" data-ad-client="ca-pub-8394745914545765" data-ad-slot="5576235479" data-ad-format="auto" data-full-width-responsive="true"></ins> <script> (adsbygoogle = window.adsbygoogle || []).push({}); </script></div> </div> </section> <section class="recirc"> <h4 class="more stories">More stories...</h4> <ul class="recirc"> <li class="advert wrap side mobile"> <div class="carde-1-wrap-side-mobile" id="carde-66251678"><a data-bid="1" href="https://cardealermagazine.co.uk/publish/linkout/296622" 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