Tesla released a $1500 surfboard, and it sold out in a matter of hours | City A.M. July 29, 2018 Tesla debuted a new product on Saturday night, in the form of a perfectly normal surfboard. Branded with the Tesla logo and decorated in its trademark red and black colours, the limited run of 200 boards was designed in partnership with surfer brand Lost. While Lost’s boards usually retail within the region of $800, this [...]
Car nations including EU mull meeting without US to discuss threat of tariffs on car imports | City A.M. July 28, 2018 A number of the world’s biggest car exporting nations are reportedly planning to meet in the absence of US to discuss their response to President Donald Trump’s tariff threat on car imports. Bloomberg reported that representatives from the EU, Canada, Japan, South Korea and Mexico are preparing to meet without Trump in Geneva on 31 [...]
Supermarket body hits back at ‘impractical’ food stockpiling suggestion in event of no-deal Brexit | City A.M. July 28, 2018 The trade body acting for the UK’s major supermarkets has hit back at the government’s claim that food would need to be stockpiled in the event of a no-deal Brexit. The British Retail Consortium (BRC), which acts for the retail industry, criticised the suggestion by Brexit secretary Dominic Raab this week, saying on its website [...]
MPs call for social media tax to cover costs of data misuse following fake news inquiry | City A.M. July 28, 2018 MPs have called on social media companies such as Facebook to be taxed to cover the costs of investigating incidences of data misuse, a leaked report has revealed. The Digital, Culture, Media and Sport (DCMS) committee has been investigating the phenomenon of fake news spread through social media following the Cambridge Analytica scandal, in which [...]
Austria’s Chancellor tells Theresa May to avoid a ‘hard Brexit’ | City A.M. July 28, 2018 Austria’s chancellor Sebastian Kurz has told Theresa May it is important the UK avoids a hard and disorderly Brexit as the prime minister continued her charm offensive on EU member states. In a trip to Salzbug, May held talks with both Kurz and the Czech prime minister Andrei Babis to sell the appeal of trading [...]
Opinion: Why residential developers are coming around to the idea of building primary schools | City A.M. July 27, 2018 We’re midway through exam results season and school catchment areas are thrown into the spotlight once again. It is no secret that primary schools have struggled in recent years to accommodate growing numbers of children after a spike in the birth rate resulted in catchment areas around popular primary schools to shrink dramatically. This is [...]
Cleverbox Radios is bringing retro back with digital tech, says founder Neil Johnson | City A.M. July 27, 2018 Sunday morning, feet up, reading the paper, listening to Desert Island Discs on Radio 4. It’s the antidote to smartphone culture and not just among older people. “Buying the Sunday papers should have died out, it’s insane, but thirtysomethings are creating this nostalgic bubble,” says former ad-man Neil Johnson. We often hear how the crackle [...]
New homes: Here are the new developments going on sale in London this weekend | City A.M. July 27, 2018 Our pick of the new developments on sale now Bishops Gate, Fulham From £625,000 A gated mews development next to Bishop’s Park is on sale, with a three bedroom duplex apartment for prospective buyers to peruse. The nine hectare green space is home to Fulham Palace, tennis courts and gardens and is also the setting [...]
London powers ahead in ranking of best cities for electric vehicle infrastructure | City A.M. July 27, 2018 London has been revealed as the best city for electric vehicle (EV) charging points, beating environmentally conscious cities such as Oslo and Berlin. Online rental company Spotahome analysed 89 global cities and found the UK capital to be the best for electric vehicle infrastructure. In the UK, London has sailed ahead of Manchester, ranked 18th [...]
Twitter’s share price plunges as Jack Dorsey pledges to make platform safer as user numbers drop by a million | City A.M. July 27, 2018 Twitter’s share price plunged more than 20 per cent today, wiping billions off the market valuation, after the social media platform admitted it had lost more than a million users. The figures Twitter’s second quarter revenues were up 24 per cent to $711m, ahead of expectations of $697.3m. Net income swung to a profit of [...]