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Business

  • Student movement launches global campaign to end the war on drugs

    September 2, 2014

    Students for Liberty (SFL), the world's largest libertarian student organisation, has launched a campaign highlighting the failure of the war on drugs. Over the course of this month, the organisation will release videos, infographics and other materials in 18 different languages throughout North America, Europe, Latin America and Africa arguing that the prohibition of drugs [...]

  • New iPhone 6: Hands-on video shows bigger, thinner screen compared to iPhone5

    September 2, 2014

    A week to the day until Apple's big launch event, the biggest leak about the new iPhone 6 so far has surfaced – a video of the smartphone in someone's hands. The 3:36 minute video, discovered by 9to5mac and published by Russian YouTuber Rozetked, appears to show the fully-formed iPhone 6 in comparison with the current iPhone [...]

  • Date for the diary: George Osborne reveals when he will make his Autumn Statement

    September 2, 2014

    George Osborne today announced he will deliver his Autumn Statement on December 3. Since Osborne took the helm at the Treasury, the Autumn Statment has slowly crept later in the year. While Gordon Brown, who delivered the first Autumn Statement in 1997, preferred to use his as a sort of summary of the state of [...]

  • Google is the media brand you love to hate most

    September 2, 2014

    The media is full of celebs, politicians and high profile figures we love to hate – and it is no different in the media industry, with that highest of profile brand Google being ranked as most loved and disliked in a recent survey.    The tech giant topped a poll of nearly 800 media professionals, [...]

  • Co-operative Group sells cash security arm Sunwin for £41.5m

    September 2, 2014

    Alright, for a corporate deal it is hardly a princely sum – but the Co-operative Group has taken another step along the road to filling its £1.5bn capital hole by selling its Sunwin Services Group to Cardtronics for £41.5m The company, which transports and provides security for cash and has 1,500 workers and 14 regional [...]

  • Douglas Carswell’s birthday present to David Cameron: Ukip’s first Westminster win?

    September 2, 2014

    The date of the Clacton by-election has been set for 9 October. Douglas Carswell will put himself before his constituents and see whether his decision to jump ship from the Tories to Ukip will be rewarded or punished. If the polls are anything to go by, Carswell is looking at a landslide victory – the [...]

  • UK construction index surges ahead of expectations

    September 2, 2014

    UK construction powered ahead last month, with the Purchasing Managers Index (PMI) rising above consensus expectations.    August's construction PMI rose to 64 – its highest since January, and well above the consensus line of 61.5. The markets had been expecting a drop from July's level of 62.4.   It is also above its average [...]

  • Boris vows to fight on for Thames Estuary airport, calling Heathrow third runway “political kryptonite” and Davies Commission “irrelevant”

    September 2, 2014

    London mayor Boris Johnson will continue fighting for a Thames Estuary airport- despite the idea being ruled out Sir Howard Davies' Airports Commission today– calling the organisation “irrelevant” and a third runway at Heathrow “political kryptonite.” In a statement from City Hall, Johnson said he “cannot conceive of any possible scenario in which a government [...]

  • Scuppered Pfizer-AstraZeneca deal leaves UK M&A at an all-time low

    September 2, 2014

    Pfizer's thwarted acquisition of AstraZeneca may have kept proponents of British business happy – but it also helped push the number of mergers and acquisitions taking place in the UK to a historic low in the second quarter of 2014, official figures published this morning showed. The number of mergers and acquisitions involving UK companies [...]

  • Quindell share price opens down but rallies with RAC black box buy

    September 2, 2014

    Quindell’s shares opened five per cent down this morning but then rallied six per cent on yesterday’s close after the company announced it was buying the RAC’s stake in joint venture CCS. Quindell said it will take full control of Connected Car Solutions, which makes “black boxes” for cars, in a restructure costing £18.5m, but [...]

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