The UK risks becoming ‘over-reliant’ on HS2 for national rail strategy, warns transport thinktank May 29, 2018 The UK risks becoming too reliant on HS2 to plug the gap in its national transport strategy, analysts have warned. Transport thinktank Greengauge 21 has said that in order to develop a truly "national" strategy, the UK needs to move away from the “hub-and-spoke” model centred on London to a network that links together upgraded [...]
Jim Ratcliffe’s Ineos close to choosing location for successor to Land Rover Defender March 18, 2018 Jim Ratcliffe’s Ineos is reportedly close to choosing the host location of his new “spiritual successor” to the Land Rover Defender. The Times reported that the billionaire chemicals tycoon is deciding on where to build his new £700m project, with the UK, Germany, France and Belgium in the running. Speculation has been mounting as to [...]
One third of millennials face renting for their whole lives and will never own a home April 17, 2018 Up to a third of young people face renting homes for their entire lives, according to a report out today from the Resolution Foundation. It said a generation of young people, those born between 1980 and 1996, face the prospect of never owning their own home, and said tax reforms are needed to discourage multiple [...]
Buy the company or the product? Consumers understand their favourite brands, so they should buy shares in the firm August 31, 2018 We've all been guilty of being swayed by the hype that surrounds fashionable items. The iPhone X is a perfect example of that. Unphased by the £1,000 price tag, fans pledged their money before the new phone even hit the shelves, while thousands camped outside Apple stores on the day of its release. But let’s [...]
The Gym Group eyes Toys R Us sites as it targets further expansion March 20, 2018 Toys R Us sites are among the opportunities being considered by fast-growing budget gym operator The Gym Group, which reported annual results this morning. The company, which is the only London-listed fitness group, is targeting another 15 to 20 new openings in 2017, on top of the current estate of 128. Chief executive John Treharne [...]
David Beckham and Wayne Rooney lead tributes as Sir Alex Ferguson recovers after surgery for a brain haemorrhage May 6, 2018 Former Manchester United manager Sir Alex Ferguson is in intensive care after undergoing emergency surgery on Saturday night. The 76-year-old has undergone treatment after suffering a brain haemorrhage. The procedure has gone “very well”, according to a statement tweeted by Manchester United last night. However, he needs a “period of intensive care to aid his [...]
Nasa has just launched its latest spacecraft to Mars, Insight, to measure ‘Marsquakes’ May 5, 2018 Nasa today launched a rocket headed to Mars with the Insight probe on board, in a mission to measure quakes on the red planet. The US space agency worked through the Californian fog at the Vandenberg Air Force Base to get the Atlas V rocket, which is carrying Nasa’s Insight probe, into the air at [...]
Shares in housebuilders including Taylor Wimpey, Barratt and Persimmon drop after Berkeley warns it can’t ramp up production March 16, 2018 Shares in housebuilders dropped this morning after Berkeley said today it would not be able to ramp up production of homes, as it remained hampered by planning constraints. Taylor Wimpey, Barratt and Persimmon were among the fallers this morning, taking an early dip after Berkeley’s trading update. Shares in Berkeley meanwhile dropped more steeply and [...]
Without profit at Tesla, Elon Musk will be coming back to earth February 7, 2018 Last night, eccentric billionaire Elon Musk sent one of his own Tesla sports cars into outer space with the launch of the most powerful operational rocket the world has ever seen. The swagger and showmanship of the event should not distract from the significance of the launch, or the fact that Musk is an immensely [...]
Canadian start-up looking to raise £35m for project to rival Elon Musk’s Hyperloop April 4, 2018 A Canadian startup has entered the futuristic transportation race by issuing a call to arms to raise $50m (£35m) to develop its own hyperloop technology. Bloomberg reported that TransPod is looking to raise funds to develop its own Hyperloop, a project first proposed by Elon Musk’s Tesla and SpaceX. Hyperloop envisages passengers propelled in pods [...]