New car sales accelerated in August as the fleet sector stayed strong September 5, 2016 The UK's car buyers went haywire for hatchbacks and crazy for convertibles last month, figures published today have shown. The report, by the Society of Motor Manufacturers and Traders (SMMT), showed new car registrations rose 3.3 per cent year on year in August – up from a measly 0.1 per cent rise in July. Some [...]
The Juno probe has begun its scientific orbit around Jupiter: We speak to the man who helped build it about the challenges of reaching the red giant September 5, 2016 As the Juno space probe approached Jupiter, the massive gravitational pull of our solar system’s largest planet accelerated the craft to a speed of 265,000km/h. That made it the fastest man-made object in history. At its top speed, Juno could travel from Brighton to Aberdeen in under ten seconds. Juno gathered speed by slingshotting around the [...]
Luxury cars top reputation chart as VW plummets after scandals August 30, 2016 BMW, Aston Martin, and Jaguar Land Rover have been found to have the best reputations for car brands amongst the British public, a survey from consulting firm Reputation Institute has revealed. Volkswagen’s tumultuous year – including the high profile emissions scandal – has however caused the world’s biggest car maker to tumble from number two [...]
John Lewis looks to boost footfall with £9m investment in its beauty halls August 23, 2016 John Lewis is investing £9bn in its beauty halls to bring new brands to customers and increase footfall. The Cambridge, Cribbs Causeway and Bluewater John Lewis stores will be refurbished and the company hopes to increase footfall in these locations by around 50 per cent. The retailer also plans to invest in its Peter Jones department [...]
SMMT reveals bumper used cars sales in first half of 2016 but remains cautious about further growth August 23, 2016 There was the highest number of used car sales on record in the first of half this year according to the Society of Motor Manufacturers and Traders (SMMT). The number of used cars changing hands grew by 7.9 per cent in the first six months of 2016 and during the second quarter of the year [...]
Andrea Leadsom’s campaign manager has admitted “rookie mistakes” in the MP’s failed Tory leadership bid August 22, 2016 A high-profile interview which saw Andrea Leadsom accused of attacking Theresa May for not having children was “a cock up”, her former campaign manager has admitted. Speaking at the Edinburgh Festival last weekend, Conservative MP Tim Loughton claimed Leadsom was being “set up” by journalists, but maintained the decision to give the interview was “a [...]
Uber’s driverless cars hitting roads within weeks after $300m Volvo tie-up August 18, 2016 UpstartUber and traditional car brand Volvo are hooking up to travel together on the road towards an autonomous car filled future – which may not be as far away as you think. Volvo will make the cars and sell them to Uber, the two firms revealed today, investing a combined $300m on the project. Read more: [...]
Southern Rail strike travel disruption: Everything you need to know August 8, 2016 Commuters across the south east who usually travel into the capital are preparing for a week of misery as Southern Rail staff begin a five day strike starting today. The week-long industrial action has come after weeks of disruption as a result of a revised timetable which cut more than 340 trains and with the further threat of strike action [...]
Ford share price swerves after it misses profit expectations and warns over full year earnings and the impact of Brexit July 28, 2016 Ford shares have dipped ahead of the open after the US car manufacturer reported its second quarter profit missed expectations. The poor performance was blamed on stalling markets in the US and China. Ford posted profit of $1.97bn, or $0.49 per diluted share, versus $2.16bn or $0.54 per share a year ago. Its earnings – excluding one-off items – came in [...]
Before the bell: What you need to know before the US market open July 28, 2016 Last night the US Federal Reserve signalled the way to an interest rate rise before the US Presidential Election and investors are busy digesting the flood of earnings reports. Here's what you need to know before the US market open at 2:30pm. The pre-market is pointing lower ahead of the open but looks to be broadly [...]