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Business

  • Stagecoach wants inquiry after rail bid document was leaked to rival

    April 20, 2019

    Stagecoach has called for a review of the way rail franchises are awarded after it emerged that a rival had seen the details of its bid.  The transport company claimed that the department for transport (DfT) failed to investigate the incident properly, although the DfT deny that any information rival Abellio saw would have influenced the bid. Read [...]

  • Four Tesla directors to leave company in board streamlining

    April 20, 2019

    Tesla has announced that four of the eleven members on its board will be leaving the company over the next two years in a move to increase efficiency. In a regulatory filing, the company said that Brad Buss, Antonio Gracias, Stephen Jurvetson, and Linda Johnson Rice would not be standing for re-election in the annual meetings [...]

  • Thomas Cook holds preliminary talks with suitors about potential takeover

    April 20, 2019

    Thomas Cook has sparked the interest of a number of potential bidders as the company's lenders prepare to discuss its financial state. Several parties have made enquiries about taking over the company's tour operating business, or the entire company, according to Sky News. Read more: Uber's self-driving unit raises $1bn ahead of IPO Currently talks are at [...]

  • HMRC has warned young adults to be wary of tax rebate scams

    April 20, 2019

    HM Revenue and Customs (HMRC) has warned young adults to be wary of text message and phone call scams as people try to impersonate the government body.  It is at this time of year when there are legitimate rebates being processed, that fraudsters target vulnerable people with fake messages, HMRC says. Read more: Court resurrects £14bn Mastercard mega-claim [...]

  • Dianne Abbott apologises for drinking cocktail on TfL overground service

    April 20, 2019

    Dianne Abbott has apologised after a photo of her drinking a mojito on a Transport for London service was circulated on social media and various news websites.  The shadow home secretary was enjoying the cocktail on one of London's overground trains as she commuted home, which is banned.  Read more: Britain cannot keep delaying Brexit, says EU [...]

  • Extinction Rebellion protests: Police arrest more than 680 people

    April 20, 2019

    The Metropolitan Police has arrested more than 680 Extinction Rebellion climate change protestors since Monday.  Protestors caused disruption across London with a particularly large presence on Oxford Street, where police have tried allow shops to return to "business as usual". A Metropolitan Police spokesman said: "Officers have made a number of arrests, mainly focused at Oxford Circus, as we [...]

  • Britain cannot keep delaying Brexit, says EU commission chief Jean-Claude Juncker

    April 20, 2019

    The European commission president, Jean-Claude Juncker, has called on the UK to "stop wasting time" and insisted Brexit cannot continue to be delayed indefinitely.  Britain's departure from the bloc has already been delayed twice, with it first pushed back to April 12, before a decision to extend the delay until October 31 was agreed. Read more: Poll: [...]

  • Uber’s self-driving unit raises $1bn ahead of IPO

    April 19, 2019

    Uber’s self-driving unit has raised $1bn from a consortium of investors including Softbank Group ahead of the ride hailing app’s initial public offering. Uber said that the investment values its Advanced Technologies Group, which is working to develop autonomous vehicle technology, at $7.25bn. Read more: Uber IPO: Six things you need to know Softbank will invest [...]

  • Fiat Chrysler recalls 320,000 Dart cars that could roll away

    April 19, 2019

    Fiat Chrysler Automobiles has announced that it is recalling more than 320,000 cars over concerns that the model could roll away. The Italian-American carmaker said the recall covers Dodge Dart compact cars from 2013 to 2016 and mainly affects drivers in the US, Canada and Mexico. Read more: Is the classic Aston Martin Vantage still [...]

  • Journalist shot dead in Derry during riots

    April 19, 2019

    A journalist died after she was shot during rioting in Londonderry that police are treating as a “terrorist incident”. Police in Northern Ireland said the New IRA are “likely to be the ones behind this” and launched a murder inquiry after 29-year-old Lyra McKee was killed last night, the BBC reported. Prime minister Theresa May [...]

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