Electric Moke review: driving a reborn icon of the Swinging Sixties August 14, 2024 Question: what do The Beatles, Madonna, George Russell, Jennifer Lopez, The Beach Boys, Cher, Hunter S Thompson, Brigitte Bardot and Kate Moss all have in common? The answer, obviously, is that they have all been pictured in a Moke. First launched in 1964, the Moke simultaneously stuck two fingers up to fashion while being embraced [...]
Citi removes EU-imposed bonus cap for top London bankers August 14, 2024 Citigroup has become the latest Wall Street bank to scrap an EU-imposed bonus cap, paving the way for it to award bigger payouts to some of its top London staff.
Workers to strike at Rolls-Royce supplier owned by Warren Buffett’s Berkshire Hathaway August 14, 2024 Almost 200 workers at a supplier to the likes of Airbus, Rolls-Royce and BAE Systems are to strike over an “unacceptable” pay offer. The employees at SPS Technologies in Leicester will begin industrial action later this month, union Unite has confirmed. SPS Technologies is part of Precision Castparts Corp which is owned by Warren Buffett’s [...]
Mars to gobble up Pringles owner Kellanova in £28bn deal August 14, 2024 Mars, whose brands include M&M’s, Snickers and Skittles, is to buy food giant Kellanova for $35.9bn (£27.9bn), it has been confirmed. Kellanova, which was created when the Kellogg Co, which was formed in 1906, split into three companies, and owns brands such as Pringles, Cheez-Its and Pop-Tarts. In a statement, Mars Inc said it will [...]
Tory leadership race: Tom Tugendhat slams Elon Musk riot comments as ‘delusional’ August 13, 2024 Tory leadership contender Tom Tugendhat has branded Elon Musk’s comments about the UK facing civil war “delusional” and “false”. The former security minister was asked about the social media boss’ remarks on his platform X, formerly Twitter, during a speech this afternoon about the recent far right riots in the UK. Musk recently posted that [...]
Unicorn digital bank Oaknorth to award first dividend after bumper profit August 13, 2024 Digital challenger bank Oaknorth has agreed to award its maiden dividend to shareholders after the fintech unicorn enjoyed a jump in profit last year.
Rishi Sunak and Sadiq Khan at loggerheads over London housebuilding July 27, 2023 Prime Minister Rishi Sunak has threatened to wade into mayor of London Sadiq Khan’s efforts on housebuilding in the capital. The politicians traded verbal blows today as the PM accused the mayor of failing to build enough homes for Londoners, while Khan branded his claims “desperate nonsense”. Speaking during a visit to a development in [...]
Stelrad: Radiator supplier’s revenue dips as demand cools August 12, 2024 The London-listed radiator supplier brought in £143.1m in the six months ended 30 June, down 8.9 per cent in last year's haul.
Tech investors sound alarm over five ‘urgent issues’ choking UK innovation February 15, 2023 A group of top tech investors and entrepreneurs have piled pressure on the newly appointed science and tech minister to address “urgent issues” choking off growth in the UK’s innovation sectors.
BMW: Most sales growth now electric as ‘tipping point’ for combustion engine passes January 15, 2024 BMW is making most of its sales growth from electric cars as opposed to traditional combustion engine vehicles, its CFO has said.