Elon Musk offered investigator $10,000 bonus for dirt on diver he had labelled a ‘pedo guy’ October 8, 2019 Tesla chief executive Elon Musk offered a $10,000 (£8,154) bonus for dirt on a British diver he labelled a “pedo guy” after a spat about whether a submarine he offered to rescue a Thai football team stuck in a cave was a publicity stunt. According to a document filed by diver Vern Unsworth’s legal team [...]
Steelmakers call for cheaper electricity bills to stay competitive, as Europe reaps benefits October 8, 2019 Steel companies in the UK pay nearly twice as much for electricity than their counterparts on the continent, despite the industry facing unprecedented challenges in Britain. British steelmakers face electricity prices 80 per cent higher than their direct competitors in France, and 61 per cent higher than in Germany, according to research. Read more: British [...]
Hollywood Bowl strikes double figures profit growth October 8, 2019 Shares in UK bowling alley operator Hollywood Bowl have shot up this morning after it said it expected profit growth to be over 10 per cent in the year to 30 September. Read more: Hollywood Bowl boosts revenue in strong first half The firm said that due to the good performance, it is considering returning [...]
Brexit: Government pledges to cut tariffs if there’s no deal October 8, 2019 The government has pledged to cut tariffs on lorries imported into the UK, and apply new tariffs on clothing imports, in the event of a no-deal Brexit. For the first year after the UK leaves the EU, the government will reduce the tariff from 22 per cent to 10 per cent. The move comes after [...]
Selfridges makes record sales as Oxford Street accessories wow department store customers October 8, 2019 Selfridges has thrilled its way to a record year of sales, driven by accessories such as an indoor skate bowl. Customers were happy to go along for the ride for the 12 months until February, with the department store raking in a whopping £1.85bn sales, a six per cent increase on the previous year. Read [...]
Downing Street: Anti-Brexit countries will ‘go to bottom of queue’ in future talks October 8, 2019 Countries that support a delay to Brexit “will go to the bottom of the queue” when negotiating the UK’s future relationship, a source within Downing Street has said. As tensions rise ahead of the weekend – viewed on both sides as a critical point for determining whether a deal can be struck in time – [...]
Easyjet share price dips despite profit on track to hit £430m October 8, 2019 Easyjet today predicted it will hit upper profit guidance of up to £430m for its full year, despite rising costs. The airline said profits would hit between £420m and £430m in profit before tax in a trading update today, just off its £440m upper range prediction. Read more: COO comes in as Easyjet hails ‘robust’ [...]
German factory output bounces back but sector still weak October 8, 2019 German factory output rose unexpectedly in August, suggesting that the expected recession in Europe’s biggest economy in the third quarter may not be as deep as some fear. Read more: Eurozone recession risk ‘very real’ as slowdown infects services sector Industrial output increased 0.3 per cent, up from an upwardly revised fall of 0.4 per [...]
Prime Minister Boris Johnson denounces Extinction Rebellion as ‘uncooperative crusties’ October 8, 2019 Prime Minister Boris Johnson has denounced Extinction Rebellion protesters as “uncooperative crusties” who must leave London’s streets alone. Johnson called on activists to leave their “hemp-smelling bivouacs” and stop blocking key London locations, as demonstrators prepare to dig in for two weeks of protests in the capital. Read more: Map: Where is Extinction Rebellion protesting [...]
World Mental Health Day: How can an app boost your wellbeing? October 8, 2019 This Thursday is World Mental Health Day. Now before you roll your eyes at yet another article discussing the importance of our mental wellbeing, it is worth remembering the massive cost of mental ill-health to society. According to the OECD, the direct and indirect costs of it – such as absences from work and decreased [...]