BUSINESS EXTRA

Fine situation

THE UK’S Driver and Vehicle Licensing Agency (DVLA) made £24 million (€27 million) by selling drivers’ details on more than 32 million occasions to private parking firms and local authorities in 2022. As a result, motorists had to pay £2.6 billion (€2.93 billion) in fines.

Further afield

ACCORDING to 2022 results submitted to the National Securities Market (CNMV), 10 of the Spanish companies listed on the Ibex 35 obtained more than 80 per cent of their earnings from outside Spain. Biggest outside earnings of 96.86 per cent went to travel technology company Amadeus.

Deal on

RECHARGE INDUSTRIES based in Geelong (Australia) will take over failed battery manufacturer Britishvolt after finalising a deal with the company’s administrators. The agreement renews hopes of building a £3.8 billion (€4.28 billion) gigafactory in Blyth (Northumberland) and assisting production of UKbuilt electric vehicles.

Going nuclear

AS the energy crisis prompts EU countries to review their decisions to close their nuclear power plants, the Spanish Nuclear Society asked the government to postpone planned shutdowns. Members who include Endesa, Iberdrola and Naturgy stressed the present need for independent, zero­emission energy.

Zero hopes

HALF of Britain’s farmland would have to produce biofuel crops to replace the 12.3 million tons of jet fuel that UK aviation uses annually. A report by the Royal Society said it was unlikely the UK would reach its goal of ensuring ‘jet zero’ international flights by 2040.