Wednesday newspaper round-up: OBR, Tesla, Safran, JLR

(Sharecast News) - The Office for Budget Responsibility complained to senior Treasury officials in the run-up to the budget about a flurry of leaks that it said spread "misconceptions" about its forecasts, it has emerged. Prof David Miles of the OBR's budget responsibility committee told MPs on the Treasury select committee on Tuesday that the watchdog had raised the issue of leaks with the department before the chancellor's statement last week. - Guardian Tesla privately warned the UK government that weakening electric vehicle rules would hit battery car sales and risk the country missing its carbon dioxide targets, according to newly revealed documents. The US electric carmaker, run by Elon Musk, also called for "support for the used-car market", according to submissions to a government consultation earlier this year obtained by the Fast Charge, a newsletter covering electric cars. - Guardian

A French aerospace giant is to rely on British researchers to lead Europe's fightback against China's stranglehold on rare earths. Safran, the world's biggest jet engine maker, has selected the Pitstone site in the Chilterns to seek out alternatives to the critical minerals needed in green technology after Beijing "weaponised" their supply. - Telegraph

The designer behind Jaguar's controversial "woke" rebrand has reportedly been dismissed from the carmaker just days after a new chief executive took over. Gerry McGovern, who was formerly Jaguar Land Rover's (JLR) chief creative officer, was told he was being dismissed with immediate effect on Monday. - Telegraph

President Trump said he would announce his choice to succeed Jerome Powell as head of the Federal Reserve "early next year". Trump's comments come amid a months-long search process and follow repeated criticisms of Powell by the president for not lowering interest rates more quickly. - The Times