Five things we learned from Vice’s Jeremy Corbyn documentary June 1, 2016 Over eight weeks, Vice News profiled Labour leader Jeremy Corbyn – here are the big takeaways from the result. 1. The scale of Corbyn's ambition remains unclear The Labour leader is modest when it comes to his own fame, denying that he is “famous”, but it's not clear whether Corbyn sees himself as a future [...]
It will be “a marathon rather than a sprint”: Bayer’s takeover of Monsanto might take a while June 1, 2016 The chief executive of Bayer has said its attempted takeover of US GM seeds company Monsanto will be a “marathon rather than a sprint”. The German drugs and chemicals giant confirmed it had made a $62bn (£42bn) offer for Monsanto last Monday. It was rejected the next day, but both companies have indicated a willingness [...]
Amazon and Goldman Sachs have backed this cyber security startup June 1, 2016 Amazon and Goldman Sachs are among investors to have put millions into a cyber security startup as worries grow around keeping private information secure for businesses and consumers. Ionic Security, which works with several Fortune 100 companies, has landed $45m (£31m) in a series D round of funding led by Hayman Capital and bringing total funding of [...]
Brexit bluster: Telford Homes boss is so chill about housing he says he’d buy a plot on the day before the EU referendum June 1, 2016 The chief executive of a top London property developer is so confident about the resilience of the housing market that he'd buy a plot the day before the EU referendum. Speaking to City A.M. on a day of strong results for the company, Jon Di-Stefano, chief executive of Telford Homes, said: "Even if we vote out people aren't going to disappear [...]
Pret a Manger has just opened its first veggie pop-up in Soho June 1, 2016 The City's top lunch spot, Pret a Manger, has had a green makeover today as it opened the doors at its Little Veggie Pop-Up on Broadwick Street in Soho. The pop-up offers 45 new vegetarian and vegans recipes for the menu, including open rye sandwiches, courgetti and cauliflower rice "plant pots" and savoury yoghurt bowls – as well [...]
Manufacturing industry set for further slowdown as PMI figures remain weak June 1, 2016 The manufacturing industry is still in the doldrums, according to the new data out today which points to a marked decline in output in the run-up to the EU referendum. The sector clocked a score of 50.1 on the Markit/Chartered Institute of Procurement and Supply (Cips) purchasing managers’ index (PMI) for May, where scores above 50 indicate [...]
World’s deepest and longest rail tunnel to open in Switzerland June 1, 2016 A marvel to rival Hannibal's feat, the Gotthard base tunnel has been officially opened in Switzerland today as the world's longest and deepest rail tunnel. Conquered the Alps, the tunnel will provide high speed rail services under the Swiss Alps between northern and southern Europe, in the hope of revolutionising freight transport. At current freight relies mostly on [...]
This is what the new British Steel logo looks like June 1, 2016 The new British Steel logo was unveiled during a ceremony at the Scunthorpe Steelworks today. It came as Greybull Capital became the owners of Tata Steel's long products business, which includes the plants in Scunthorpe and mills on Teesside. Read more: Former Tata steel plant exec blames "Anglo-Saxo model" for industry decline It bought the struggling business last month for a nominal fee [...]
What’s the answer to dealing with difficult questions? June 1, 2016 As the debate over whether Britain should leave the EU intensifies we are once again exposed to the interminable dance of politicians being asked questions and subsequently not answering them. Nobody seems to have any idea what will happen. It appears that the Leave Campaign can only repeat horror stories about immigration if we stay, and [...]