Nissan accused of manipulating emissions tests by South Korean government May 16, 2016 The South Korean government has now accused Nissan of manipulating emissions tests for its Qashqai model. Nissan has denied any wrongdoing, but the government is planning to fine the car maker 330m won (£195,000) and sue the head of Nissan's Korean operation. The allegations come after a probe of 20 diesel car models by the environment ministry. Read [...]
Watch out Tesco, now Amazon’s creating its own-brand range May 16, 2016 Is Amazon trying to eat even more of Tesco and the rest of the supermarkets' lunch? Not satisfied with muscling in on the grocery world with speedy deliveries straight to your door, the retailer-slash-tech giant is now planning on selling its own-label range of food and other sundries, according to reports. A new line of products that [...]
Surprise: Asking prices have jumped to new record highs of £308,151 across England and Wales May 16, 2016 In what seems now to be an ongoing trend, asking prices in England and Wales jumped to a new record high of £308,151 on average in May. The "eye-watering" increase is a rise of £1,118 on the previous month, property website Rightmove said in figures released today. The price uplift has come despite a flurry to [...]
Oh thanks Sajid: Business secretary says women shouldn’t be forced to wear heels at work May 16, 2016 It's been criticised by activists. It's been the subject of a massive social media campaign. But now, like Naomi Campbell in a pair of Christian Louboutin's finest, the business secretary has stomped in to declare: women shouldn't have to wear high heels at work. Thanks for that. It's only been six days since the story broke… In a [...]
Working nine to five, that’s no way to make a living (any more) May 16, 2016 Working nine till five is no longer the way to make a living, a new study suggests. More than a quarter of companies (26 per cent) now offer flexi-time options to all of their employees, according to research by Monster.co.uk. Seven per cent of the firms surveyed, meanwhile, specifically offer this service to more senior workers. [...]
Donald Trump tells Prime Minister David Cameron he’s not stupid and warns their relationship could sour if he wins the White House May 16, 2016 Presumptive Republican presidential nominee Donald Trump has sent Prime Minister David Cameron a strong and simple message: I'm not stupid. The billionaire said that any relationship with the Prime Minister may not be "very good" after Cameron had said Trump's proposed blanket ban on Muslims entering America was, in fact, stupid. The Prime Minister had [...]
ITN chief executive looks beyond bulletin news as he seeks to make company a TV production giant May 16, 2016 Multi-million pound pay packages for top TV celebrities grabbed the headlines last week, when the government revealed its white paper on the future of the BBC. Yet while the sexier elements of the Tory-BBC row occupied most attention, ITN boss John Hardie insists that the most important issue behind any reforms is the provision of high-quality news bulletins. [...]
Platinum producer Lonmin shines as cost-cutting strategy shrinks losses May 16, 2016 The share price of platinum producer Lonmin jumped more than 15 per cent in morning trading after the company announced its losses had shrunk due to its cost-cutting measures, despite the global slump in metals prices. The figures Lonmin announced a total of 2.5m tonnes were mined in the quarter to 31 March, while its core, long-life Generation 2 shafts [...]
Icap dodges Boaty McBoatface moment as it confirms renaming May 16, 2016 Icap appears to have dodged a Boaty McBoatface moment. The broking company today confirmed it is to be renamed Nex Group following the sale of Tullett Prebon. Chief executive Michael Spencer said the process to decide the new name had been “a lot of fun and hugely important”. Read more: Icap shares fall on revenue dip Spencer offered a case [...]
Housebuilder Crest Nicholson’s share price rises as it rides the house price wave May 16, 2016 Brexit threat? What Brexit threat? Crest Nicholson proved this morning that housebuilders continue to be on a high – despite market uncertainty. The figures In a trading update this morning, the housebuilder said it completed 1,206 homes in the six months to the end of April, up seven per cent from last year's 1,124 homes. Sales rate per outlet rose four per cent on [...]