NEW car prices in Britain remain the highest in the Europe, according to a new report from the European Commission. Based on November 1, 1999 figures, the report claims that 70 out of 77 best-selling models cost more in the UK than anywhere else in Europe with differentials as high as 35%.

It adds: 'A positive sign is that once again certain manufacturers have cut prices in the UK. This effect has, however, been mitigated by an appreciation by 2.4% of the pound.' Price gaps between euro zone members are narrowing - the average is down from 20.6% to 19.5%.