Tax system to the rescue: Six policy tweaks that could kickstart the economy June 23, 2020 The past three months have seen a deluge of economic, political, and legal moves that would have been unthinkable at the start of the year. As civil liberties were curtailed on a scale never seen in peacetime and ten million children were turned away from school, new hospitals were built in a matter of weeks, [...]
Softbank suffers £380m writedown in Oneweb stake August 18, 2019 Softbank is said to have written down its stake in Oneweb by £380m as the British satellite company contends with the sky-high costs of its planned launches. Oneweb has burned through billions of pounds as it looks to create a network of satellites providing high-speed broadband across the globe. Read more: Oneweb lands $1.25bn in [...]
Green and pleasant land? The future of cannabis use in the UK July 29, 2021 Smoking as a social activity suffered a heavy blow around 15 years ago. Between 2006 and 2007, the four parts of the United Kingdom brought in new laws prohibiting smoking in public places, with Scotland being the first to take the leap. I bear a sliver of responsibility: I worked for the House of Commons [...]
Brexit trade talks: Will the deadline be extended over coronavirus? April 23, 2020 Despite coronavirus, the UK’s chief Brexit negotiator David Frost, Boris Johnson’s so-called sherpa, and his Brussels counterpart Michel Barnier recommenced trade negotiations on Monday via video conference. The week-long negotiating round is the first of three to be held over the next six weeks. The ultimate aim is to thrash out and ratify a UK-EU [...]
Grant Shapps questions whether Heathrow third runway plan ‘stacks up’ August 14, 2019 Transport secretary Grant Shapps has cast doubt over the Heathrow third runway after he questioned whether the £14bn plan “stacks up”. Shapps, who replaced Chris Grayling when Boris Johnson became Prime Minister last month, said that while parliament had voted in favour of the third runway, there were “questions about whether the whole plan stacks [...]
Demand for London retail space slumps as high street woes deepen | City A.M. July 19, 2018 Demand for retail space in London has dived as woes around high street closures grow, according to a highly-regarded survey out today. Roughly 68 per cent more chartered surveyors in London’s retail sector noted a quarterly fall, rather than a rise, in demand for space in the capital, reaching levels not seen since 2008. The [...]
British car manufacturing powers down to half capacity as planned factory shutdowns take effect April 8, 2019 British car makers including Jaguar Land Rover (JLR) have gone ahead with plans to shut their UK plants this week over Brexit, in a move which leaves at least half the country’s car production gridlocked. JLR’s Wolverhampton engine plant as well as its three assembly plants in Solihull, Halewood and Castle Bromwich were due to [...]
Tesla boss Elon Musk rebrands on Twitter as Daddy Dotcom June 17, 2019 Silicon Valley billionaire Elon Musk yesterday said he had deleted his Twitter account, changing his handle on the social networking site to Daddy Dotcom. The change in name may be a reference to Father’s Day yesterday. Tesla boss Musk has previously changed his Twitter name, dubbing himself Elon Tusk and adding a picture of an [...]
Our pessimistic country needs a One Nation housing crusade June 19, 2019 It’s the political equivalent of playing Pac-Man, while nodding your mullet to Wham! – our housing policy seems stuck in the 1980s, like a Care Bear in a leg-warmer. The Conservative leadership candidates have all served as part of a government whose core housing strategy hails from that Duran Duran decade: subsidised social housing sell-offs [...]
BMW reveals it will build electric Mini in Oxford in boost for UK’s car industry July 9, 2019 In the summer of 1959, the first Mini rolled off the production line in Oxford and hit Britain’s streets. While initially a response to the Suez crisis fuel shortage, its diminutive size made it a style icon, helped it symbolise the swinging sixties and shook up Britain’s car industry for good. Fast forward 60 years, [...]