The unprofitable reality of tobacco stocks December 28, 2017 Chestnuts may be roasting on an open fire – at least on the speakers of every shop we have visited since October – but here our focus is smoke. More precisely we will be considering its continuing disappearance as more and more people quit cigarettes – and what this could mean for tobacco companies and [...]
Spring Budget: The OBR is still too pessimistic about UK growth this year March 8, 2017 The biggest story in the Budget wasn’t big news. It had been well flagged in advance that the Office for Budget Responsibility (OBR) was revising up its GDP growth forecast to 2 per cent in 2017. In November last year, the OBR expected just 1.4 per cent GDP growth this year. HM Treasury’s latest monthly survey [...]
The new space race: Private companies are getting into the business of space travel – and it could produce the world’s first trillionaire May 30, 2017 Five-minutes’ drive from Kennedy Space Center, among the marshes and pine trees of Merritt Island Wildlife Reserve, lies Shuttles Restaurant & Bar. On the back wall is a massive photograph of the Space Shuttle Atlantis, soaring into space on the back of an orange fuel tank. Bolted to its side are two white rockets, spouting [...]
London is home to more of the hottest fintech startups than ever before according to the Fintech50 2017 June 7, 2017 London’s status as the world leading centre of fintech has been questioned in the wake of Brexit, but new figures suggest the capital continues to be a global powerhouse for financial technology. The city has produced more of the hottest fintech startups than ever before, with over half of the Fintech50 calling it home. Challenger [...]
Are we overestimating the benefits and ignoring the pitfalls the iPhone has brought in the past 10 years? June 29, 2017 Q: Are we overestimating the benefits and ignoring the pitfalls the iPhone has brought in the past 10 years? YES – Aral Balkan, cyborg rights activist and co-founder of Ind.ie On 9 January 2007, I was sitting at Moscone West watching Steve Jobs announce “three revolutionary products… a widescreen iPod with touch controls, a revolutionary [...]
Mercedes-Benz has unveiled its X-Class pickup truck and it’s an absolute monster October 26, 2016 Ever wondered what luxury car enthusiasts do when they have to, say, haul a cow carcass across many acres of rough farmland? Well, wonder no more – for Mercedes-Benz has unveiled its X-Class pickup truck, and it is a total monster. Mercedes said its first "premium truck" comes in two catchily-named versions. First, the "powerful adventurer", featuring all the strengths of [...]
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Tesla Model X SUV review: Elon Musk takes a break from Mars mission to make a killer self-driving car November 29, 2016 No car brand knows how to build hype like Tesla. This relatively recent start-up (in terms of car manufacturers) has a boss who can generate hundreds of column inches just by tweeting. Every time one of its vehicles is involved in a serious crash, online forums are awash with rumours about the cause. And a [...]
These are the 100 most disruptive startups in the world (and a third are from the UK): Roman Abramovich-backed Storedot, AI chip maker Graphcore and cancer detection scientists at Grail top list June 1, 2017 A Bristol-based startup developing computer chips for artificial intelligence, an app for helping kids manage money, and a fintech just backed by Aviva, are among the UK startups to be named the most disruptive in the world. AI chip firm Graphcore was ranked second in the annual list identifying companies with the potential to “influence, [...]
Monarch Airlines collapses prompting “biggest ever peacetime repatriation” of 110,000 stranded passengers October 2, 2017 Monarch has ceased operations with immediate effect having collapsed into administration this morning. Around 110,000 passengers have been left stranded overseas. Authorities are promising to ensure they are flown back home in what transport secretary Chris Grayling called “the country’s biggest ever peacetime repatriation”. All flights have been cancelled and authorities are urging passengers with [...]