Tesla Model X SUV price and release date UK : Everything you need to know about Elon Musk’s new electric car priced at £90,000 October 1, 2015 Three years after it first unveiled the prototype, Silicon Valley electric car makers Tesla have finally launched the Model X. It's the company's third car and has arrived two years later than initially planned due to difficulties posed by the ambitious design behind the world's first luxury electric SUV. Tesla are now taking reservations with [...]
EU referendum: Business must reject the pessimism of the anti-Europeans and build the Europe we all want to see October 1, 2015 Eight years on from the financial crisis, the British and European economies are still not recovering as they should. Investment is down from the pre-crisis peak, and in the UK productivity has flatlined. Before the crash, lending to business flowed easily – since, it has dried up, particularly for small businesses. In Britain, businesses [...]
The Conservatives are launching their own trade union movement to win over “moderate” unionists October 1, 2015 The Conservatives are launching their own trade union movement, which will target workers unhappy with more “militant” leaders. It might sound like an oxymoron, but Harlow MP and the party's deputy chairman Rob Halfon said the Conservative Workers and Trade Union movement was designed for right-wing trade unionists. “There will be a voice [...]
EU referendum: Lord Lawson to head up Brexit group Conservatives for Britain, warning negotiations will yield “wafer thin” reforms October 1, 2015 The former chancellor Nigel Lawson is to head up Conservatives for Britain, the campaign group that will advocate Britain leaving the European Union, in the run up to the forthcoming referendum. Lord Lawson, who is famously Eurosceptic, said while he "applauds" David Cameron's attempts to negotiate reforms with the EU, he expected the government would [...]
UK workers get a pay rise as minimum wage raised to £6.70 ahead of National Living Wage introduction October 1, 2015 One million UK workers are getting a pay rise today, as the national minimum wage has gone up by 20p. This sets the new adult rate at £6.70 per hour. Youth rates are up too, as 18 to 20-year-olds will get £5.30 and under-18s get £3.87. Another pay rise is on the way for at [...]
Labour party conference 2015: Business leaders shouldn’t discount Jeremy Corbyn completely – his paternity leave plans suggest there could be open-minded approach October 1, 2015 People had made their minds up about Jeremy Corbyn long before he’d really showed his hand. The collective wisdom is that he is the antithesis of the politics that we’ve come to know, and in particular that he is virulently anti-business.But collective wisdom isn’t necessarily right, and Corbyn began to prove this when he addressed [...]
Spending cuts to R&D doesn’t just hurt innovation – it hurts the UK economy too October 1, 2015 Innovation is something we all depend on. As the process by which new ideas generate economic and social value, innovation is responsible for the technological developments that improve our quality of life and tackle the world’s biggest challenges like hunger and poverty. The UK has long possessed the strong research base required to fuel innovation [...]
Victoria Station reopened after fire alert, which affected Circle, District and Victoria Tube lines October 1, 2015 Victoria Station has been reopened after a fire alert at the start of rush hour this morning. The station was evacuated after a fire alarm went off at around 7:15am and the Circle, District and Victoria Lines did not stop at the station for well over half an hour. People were also unable [...]
Biotech boom: After nine days of unrelenting selling, has the death knell been sounded for high growth pharma stocks? October 1, 2015 A wave of medical innovation has sent biotech shares rocketing nearly 200 per cent in just three years. But the party appears to be over – since mid-July, the index has fallen 25 per cent, well in to bear market territory. £1,000 invested in the Nasdaq biotechnology index three years ago would have been [...]
Lord Mayor tours London firms on City Giving Day October 1, 2015 Shoes were shined, ties were straightened, balloons were inflated and cakes were freshly baked for the arrival of Lord Mayor Alan Yarrow at dozens of the Square Mile’s banks and financial institutions to mark City Giving Day, where he saw first-hand what they do to give back to society. Joined by company leaders from [...]