In June 2024, the European Central Bank (ECB) started to cut its main interest rate for the eurozone from an all-time high of 4%. After a series of cuts, this now stands at 2.25%.
Leaders of the opposition Liberal Democrat, Residents' Association and Independent, Labour, and Green groups on Surrey County Council wrote to the local government minister on 21 March to express their support for the three-council option.Reigate & Banstead Borough Council
alongside Crawley Borough Council in West Sussex to propose combining their two authorities into one unitary council.German car making giant Volkswagen (VW) says it will invest up to $5bn (£3.94bn) in Tesla rival Rivian.The deal creates a joint venture that will allow VW and the US-based electric vehicle (EV) maker to share technology.
Rivian shares jumped by almost 50% after the announcement.The tie-up comes as competition intensifies between EV makers and Western countries move to impose tariffs on Chinese imports.
Under the agreement, VW said it will initially invest $1bn in the electric truck and SUV maker, with another $4bn to be put into the company by 2026.
Founded in 2009, Rivian has not yet posted a quarterly profit. In the first three months of 2024 the company saw a net loss of more than $1.4bn.It recently decided not to investigate Pimeyes, but said it was awaiting "with interest" the conclusion of legal proceedings against the site by data protection authorities in Germany.
After Pimeyes had identified Burrows, police were able to piece together what he'd been doing in Thailand, and how he got there.Local journalist Tim Newton used to meet Burrows at expat business events in Phuket.
"He was just good old Peter Smith and we all knew him like that - no one had any idea that he had any other name," he said."Peter - or Richard - kept this a total secret for the 27 years he was living on the island."