Advertisement
UK markets closed

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     

  • CRUDE OIL

    83.39
    +0.03 (+0.04%)
     

  • GOLD FUTURES

    2,335.70
    -6.40 (-0.27%)
     

  • DOW

    38,503.69
    +263.71 (+0.69%)
     

  • Bitcoin GBP

    53,375.16
    -209.62 (-0.39%)
     

  • CMC Crypto 200

    1,428.99
    +14.23 (+1.01%)
     

  • NASDAQ Composite

    15,696.64
    +245.33 (+1.59%)
     

  • UK FTSE All Share

    4,378.75
    +16.15 (+0.37%)
     
Money:

What is the true cost of the UK state pension?

To get a sense of the true value of the state pension, you can look at how much you would need to save to match it yourself

German prosecutors search Audi for second day in emissions probe

Reuters - UK Focus

MUNICH, March 16 (Reuters) - German investigators searched Audi (IOB: 0FG8.IL - news) offices for a second day on Thursday in connection with the emissions scandal still rocking parent Volkswagen (IOB: 0P6N.IL - news) , according to the Munich prosecutor's office.

Some 100 officials had started a search early on Wednesday of offices at Audi's headquarters in Ingolstadt, Germany and its Neckarsulm plant, at parent Volkswagen's base in Wolfsburg and several other locations including private homes.

The raids, the first at Audi since VW's diesel scandal broke 18 months ago, centres on who was involved in the use of any illicit software in 80,000 VW, Audi and Porsche cars with 3.0 litre engines that were found to exceed U.S. emissions limits.

Parent Volkswagen had admitted in September 2015 that up to 11 million of its vehicles worldwide had software installed that cheats emissions tests, unleashing its biggest ever crisis.

ADVERTISEMENT

The prosecutor's spokesman said on Thursday that investigators had already confiscated a large amount of material since Wednesday morning, and some people have been interrogated.

He declined to provide further details and said he could not yet say when results of the investigation may become available. (Reporting by Irene Presisinger; Writing by Maria Sheahan; Editing by Elaine Hardcastle)