Ford switches away from traditional cars to focus on SUVs and trucks and charging up its electric prowess October 4, 2017 Ford has set out its plans to move away from traditional cars as it looks to position itself for the future under its new chief executive. Jim Hackett, who was appointed head of Ford in May after previously leading the car firm’s autonomous driving division, outlined his plans to improve Ford’s “operational fitness, refocus capital [...]
These are the world’s 50 most valuable brands of 2017 September 25, 2017 Apple and Google have once again take the two top spots in a list of the world’s 100 most valuable brands, according to rankings by consultancy group Interbrand. Five UK firms made into into the 2017 best global brands list. These were Burberry, HSBC, Land Rover, Smirnoff and Johnnie Walker. This is the fifth consecutive [...]
Apple, Google and Microsoft top list of the 100 most valuable brands September 25, 2017 Apple and Google have once again take the two top spots in a list of the world’s 100 most valuable brands, according to rankings by consultancy group Interbrand. Five UK firms made into into the 2017 best global brands list. These were Burberry, HSBC, Land Rover, Smirnoff and Johnnie Walker. This is the fifth consecutive [...]
The electric vehicle revolution is coming sooner than expected September 12, 2017 After years of incremental change, the electric vehicle revolution appears to be just on the horizon, according to Legal & General Investment Management (LGIM). Anton Eser, chief information officer at LGIM, said with new hardware and software improvements within reach, futuristic vehicles are set to boom within the next decade. “Much like Henry Ford’s original [...]
UK artificial intelligence startup FiveAI lands £14m series B from Lakestar Capital, an early Facebook and Spotify backer September 6, 2017 The venture fund set up by an early backer of Facebook, Spotify and Skype has invested millions in a UK artificial intelligence startup that is planning on getting driverless cars on the road. Lakestar Capital has led the £14m series B round into FiveAI, the company working with Mclaren technologies and Transport for London on [...]
Three new driverless cars hitting UK roads: A Range Rover Evoque, Ford Fusion and Mondeo unveiled by Oxbotica and Transport for London group Driven September 5, 2017 Three fresh prototypes for driverless cars have been unveiled by a top group with ambitious goals of getting the vehicles onto Britain’s roads by 2019. A self-driving Range Rover Evoque and two Ford – a Fusion and a Mondeo – will be part of a fleet of six vehicles that will form part of trials [...]
Electric cars to charge ahead August 29, 2017 In late July, the UK government announced plans to ban the sale of new petrol and diesel-only cars in Britain from 2040[1]. It joined the Netherlands, Norway, India, and France to become the fifth country to commit to ending the sale of traditional internal combustion engine cars. However, while it has yet to commit to [...]
McLaren 570S Spider review: Tim Pitt may have found his new favourite supercar July 31, 2017 When a car doesn’t feel right within the first 50 metres, it’s not right. That was the mantra of Richard Parry-Jones, the chassis guru who helped transform Ford in the 1990s. It’s also a test McLaren applied to its new 570S Spider. Forget topping 200mph, this £164,750 roadster had to feel sorted at city speeds. [...]
Following the ‘Day of Action’ in support of net neutrality, should the US Congress reconsider the move to scrap it? | City A.M. July 13, 2017 DEBATE: Following the ‘Day of Action’ in support of net neutrality, should the US Congress reconsider the move to scrap it? YES – StJohn Deakins, founder of CitizenMe. This is economics 101. Infrastructure and service companies have very different financial models. There’s a rich history of infrastructure firms attempting to raise profits by expanding into [...]
Big UK banks slip down in global ranking, but Metro and the challengers make ground July 3, 2017 Big UK banks are suffering compared with international rivals, according to a ranking of the world’s 1,000 largest lenders out today. HSBC remains Britain’s biggest bank in the global ranking, coming in ninth for the second year in a row. However, the lender – which topped the 2008 ranking – suffered its worst result in [...]