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Thursday newspaper round-up: Stellantis, The Observer, car production

(Sharecast News) - The owner of Vauxhall told investors that it was "confident" it would meet the UK's rules on electric vehicle sales just two months before it blamed them for the decision to close a factory in Luton, the Guardian can reveal. Stellantis cited the UK's zero-emission vehicle (ZEV) mandate when it announced the closure of its van factory in Bedfordshire on Tuesday, putting 1,100 workers at risk of redundancy or relocation to its factory making smaller vans in Ellesmere Port. - Guardian Not a single Whitehall department has registered the use of artificial intelligence systems since the government said it would become mandatory, prompting warnings that the public sector is "flying blind" about the deployment of algorithmic technology affecting millions of lives. AI is already being used by government to inform decisions on everything from benefit payments to immigration enforcement, and records show public bodies have awarded dozens of contracts for AI and algorithmic services. A contract for facial recognition software, worth up to £20m, was put up for grabs last week by a police procurement body set up by the Home Office, reigniting concerns about "mass biometric surveillance". - Guardian

The proposed sale of The Observer to a loss-making start-up must be paused to protect Britain's "fragile" liberal journalism, former Guardian editor Alan Rusbridger has said. Mr Rusbridger, who was editor-in-chief of The Guardian from 1995 to 2015, is one of six former editors to warn that the deal would result in The Observer being "cast off to an uncertain future". - Telegraph

Car production in the UK has fallen for an eighth consecutive month, intensifying pressure on the industry as it struggles with the transition to an electric future. Manufacturing output declined 15.3 per cent in October to 77,484 units, figures from the Society of Motor Manufacturers and Traders (SMMT) show, leaving output down by a tenth so far this year. - The Times

Britain's biggest wealth manager St James's Place is in effect abandoning commercial property as an asset class after deciding to wind down three funds with £1.84 billion invested in office blocks, shopping centres and other real estate. The company, which manages investments for one million people in the UK, said the decision was taken after what it called "a challenging period for the sector as a whole". - The Times

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(Sharecast News) - Ten years ago, marketing executives at Britain's biggest supermarket had a brainwave: might slashing the price of basic vegetables tempt shoppers to do their Christmas shop with them? Tesco, under chief executive Dave Lewis, was trying to revive a business reeling after falling sales, five profit warnings and an accounting scandal. That promotion in December 2014, dubbed its Festive Five, offered bags of carrots, potatoes, brussels sprouts, parsnips and a cauliflower for 49p each. - Guardian
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(Sharecast News) - Ministers are considering renationalising British Steel in a last-ditch attempt to save thousands of jobs, amid a standoff between the government and the company's Chinese owners over a £1bn investment. Jonathan Reynolds, the business secretary, is locked in talks with British Steel and its owner, Jingye, to agree how much each party should put into a rescue plan for its main Scunthorpe site. - Guardian

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