Brexit has cost Britain a Tesla gigafactory, according to Elon Musk November 13, 2019 Britain missed the opportunity to have Tesla’s first European factory because of Brexit, according to chief executive Elon Musk. Instead, the electric car maker plumped for a site near Berlin for the so called gigafactory, where it will make batteries, powertrains and vehicles. Read more: Tesla holds share gains after surprise third quarter profit The [...]
Union raises public interest concerns after reports of Newsquest bid for JPI Media November 13, 2019 The journalists’ union has issued a stark warning over a potential merger between Newsquest and JPI Media, saying the deal could harm the public interest and put jobs at risk. Newsquest, which owns a string of titles including the Oxford Mail and Brighton’s Argus, has reportedly taken pole position in the race to snap up [...]
Shop Direct gets £75m injection from Barclay brothers as it looks to plug PPI funding hole November 13, 2019 Shop Direct has been given a £75m equity injection from its parent company as it looks to plug a funding gap from the cost of recent payment protection insurance (PPI) complaints. The online retailer owned by the billionaire Barclay brothers said today that £75m will be invested by way of an equity injection before the [...]
General Election 2019: Jeremy Corbyn questions move to kill Isis leader rather than arrest him November 13, 2019 Jeremy Corbyn has said it “would have been the right thing” to arrest Isis leader Abu Bakr al-Baghdadi rather than kill him. The Labour leader, who is currently campaigning in Scotland, told reporters that al-Baghdadi “being removed from the scene is a very good thing”. But he questioned whether it was necessary to kill the [...]
Donald Trump impeachment: US politicians kick off public hearings November 13, 2019 The impeachment inquiry into US President Donald Trump stepped up a gear this afternoon as politicians opened the first public hearing. The House Intelligence Committee is holding the first hearing as part of a probe into whether Trump improperly pressured Ukraine to help his bid for reelection. Read more: FTSE 100 staggers under Trump’s tariff [...]
Former Labour spinner Alastair Campbell to campaign for ex-Tory minister Gauke November 13, 2019 Labour’s former spin doctor Alastair Campbell has said he will campaign for ex-Tory minister David Gauke. Gauke, the former justice secretary, this morning said he was standing as an independent in his constituency of South West Hertfordshire. He told the BBC he was hoping to deprive the Tories of the seat, warning a majority would [...]
Lib Dems’ Guy Kiddey tells voters to back Labour rival after Tim Walker replaced in Canterbury November 13, 2019 The Liberal Democrats are fighting off criticism from their own members over the party’s “aggressive” positioning against Remain rivals. The party has come under fire for plowing ahead with plans to replace Canterbury candidate Tim Walker. He stood down last night over fears his position would jeopardise Labour incumbent Rosie Duffield’s chance of winning the [...]
Royal Mail wins High Court injunction to prevent Christmas postal strikes November 13, 2019 Royal Mail has secured a High Court injunction to block potential Christmas postal strikes. The company argued that there were “irregularities” with the ballot which delivered an outcome overwhelmingly in support of industrial action. Read more: Royal Mail launches search for new UK director The postal service has claimed that officials interfered with the voting [...]
Conservatives outspend opposition parties on Facebook election ads November 13, 2019 The Conservatives have spent more than any other party on Facebook advertising in the first 12 days of the election campaign. The Conservatives have spent more than £100,000 on Facebook ads since 31 October, with their advertisements mostly revolving around the “get Brexit done” message. Read more: Labour split over four-day NHS working week plans [...]
Smiths Group shares jump on the back of strong first quarter growth November 13, 2019 Global technology company Smiths Group today announced that its guidance for the year remained unchanged, based on a strong first quarter performance. Shares in the company rose 3.8 per cent on the back of the update. Read more: Smiths Group spin off ailing medical division into separate business The FTSE 100 company said that revenue [...]