What the other papers say this morning November 15, 2012 FINANCIAL TIMES France Telecom open to EE listing France Telecom has opened the door for a flotation next year of EE, the UK’s largest mobile phone group by customer numbers that it owns with Deutsche Telekom. Gervais Pellissier, deputy chief of France Telecom, said that there “could be some space at the end of next [...]
PwC seeks funding for manganese bronze October 30, 2012 The administrators of London black cab maker Manganese Bronze yesterday called for potential lenders to contact them “as a matter of urgency”, after the company confirmed it had appointed PwC’s Matthew Hammond, Tony Barrell, Ian Green and Mike Jervis. The maker of the iconic vehicles went into administration after failing to secure new funding last [...]
Europe will become ever less relevant as century progresses October 23, 2012 ONCE again, the political establishment is debating Europe, and what Britain’s place in it should be. To me, the answer is straightforward: Europe will become increasingly irrelevant to the global economy as the century progresses, a tragic development which will see one of the world’s great civilisations increasingly marginalised culturally and geopolitically. Those who still [...]
End of the road for London cab maker October 22, 2012 ICONIC London black cab maker Manganese Bronze yesterday gave up its fight for survival and called in the administrators, after failing to strike a deal with its Chinese partners to keep the cash-strapped business alive. The Coventry-based company, which makes the cabs through its subsidiary the London Taxi Company, intends to appoint PwC in the [...]
Europe will become ever less relevant as century progresses October 22, 2012 ONCE again, the political establishment is debating Europe, and what Britain’s place in it should be. To me, the answer is straightforward: Europe will become increasingly irrelevant to the global economy as the century progresses, a tragic development which will see one of the world’s great civilisations increasingly marginalised culturally and geopolitically. Those who still [...]
Black cab firm on brink as it seeks bail out October 14, 2012 LONDON black cab maker Manganese Bronze will seek an emergency cash bail out from its Chinese partners this week as it battles to stay alive. The Aim-listed firm was forced to suspend its shares on Friday after recalling 400 of its cabs due a fault with the steering box on its new black cab model. [...]
London taxi maker hit by errors in its accounts August 14, 2012 SHARES in Manganese Bronze slid by a third yesterday after the London black cab maker admitted it had a £4m hole in its accounts. Engineering firm Manganese Bronze, which is 20 per cent owned by Chinese car group Geely, has delayed its half-year results due to the accounting errors caused by the implementation of a [...]
WHAT THE OTHER PAPERS SAY THIS MORNING August 6, 2012 FINANCIAL TIMES Facebook gambles on real cash with bingo app Facebook is venturing into the world of online gambling with the launch of its first application where punters can take a stake on real money. Starting today, Facebook will offer users in the UK aged 18 and over the opportunity to play online bingo for [...]
All hail this techie who is a boost to black cabs July 29, 2012 FOR anyone who has waited on the pavement, praying that the next car to turn the corner is a black cab, Hailo could prove a godsend. Founded in 2010, Jay Bregman’s business lets you hail a black cab through your mobile phone. The app is free to download and the service is free to the [...]
Black cab firm cuts losses on growth abroad March 26, 2012 MANGANESE Bronze, the maker of London’s traditional black cabs, has posted a narrower annual loss as overseas demand for its vehicles grew and margins increased. The Coventry-based company reduced pre-tax losses to £2.6m in 2011, down from £6.3m the year before, and said it is well positioned to place a profit in 2012. Sales of [...]