Tesla launches new Model Y to enter SUV market March 15, 2019 Tesla has officially launched its second mass-market car, the Model Y. The electric vehicle was unveiled in Los Angeles on Thursday with the company announcing that the first release will be a long-range version at a price of $47,000 (£35,489). It will be able to travel up to 300 miles before it needs recharging, whereas [...]
Your postcode still matters online March 15, 2019 | City Talk Professor Gianvito Lanzolla and Dr Hans Frankort, examined a large online B2B marketplace to identify the key factors which influence a buyers’ decision to make a purchase. They analysed the activities of companies across a multitude of industries that were registered to an online marketplace during a 21-month period. It’s a myth that digital marketplaces [...]
The Brexit unknown: how the votes moved markets – and what next March 15, 2019 | City Talk British politics has faced a turbulent week: three nights of Brexit votes, a Spring Statement and a downgrade to economic growth. Market prices have swung on each twist as investors attempt to digest a constantly shifting set of possible outcomes. The single constant factor is uncertainty. With the scheduled exit date of 29 March looming, [...]
Apple slams Spotify for wanting ‘benefits of a free app without being free’ March 15, 2019 Apple has hit back at Spotify’s EU competition complaint, saying the streaming service wants “all the benefits of a free app without being free”. Earlier this week Spotify filed a complaint with EU competition authorities over the way the tech giant’s App Store works. Read more: Spotify reports Apple to EU commission over antitrust concerns [...]
New Zealand mosque shooting: At least 49 dead, 20 injured after ‘terrorist attack’ March 15, 2019 New Zealand has been placed on its highest security threat level after a gunman killed 49 people and wounded more than 20 at two mosques in Christchurch. In an act condemned as terrorism by Prime Minister Jacinda Ardern, an attacker broadcast online live footage of the assault after publishing a so-called manifesto in which he [...]
PageGroup CEO takes leave of absence after skiing accident March 15, 2019 British recruitment company PageGroup has revealed that chief exectuvie Steve Ingham will be out of action for a "number of weeks". Ingham badly suffered a bad back injury while skiing and will not be able to carry out his duties in the short-term. Read more: Wetherspoons profits slide as cost increases kick in The company [...]
Theresa May’s hated compromise is the only workable Brexit on offer March 15, 2019 “The deal we have negotiated is the best and indeed only deal available.” So claimed a dejected Theresa May on Tuesday night, smarting in the aftermath of the fourth biggest defeat for a sitting government in modern parliamentary history. Obviously, parliament does not agree. An overwhelming majority of MPs want May to go back to [...]
Debate: Should the Financial Conduct Authority ban exit fees on investment platforms? March 15, 2019 Should the Financial Conduct Authority ban exit fees on investment platforms? Alex Kovach, chief commercial officer at Interactive Investor, says YES. Consumers should be able to vote with their feet and switch investment platforms without the burden of crippling exit fees. As an industry, we should not be putting up barriers to switching – and the [...]
Trading on WTO terms would be no panacea for global Britain March 15, 2019 Despite the series of votes this week, a no-deal Brexit remains a real possibility. In fact, it is still the legal default unless a deal is struck or the EU agrees to extend Article 50. Many Brexiteers – 308 MPs, in fact – appear to think that this is the best Brexit option. Their assumption [...]
State-centric and uninspiring: The Spring Statement wasn’t much to get excited about March 15, 2019 Who has time to care about a Spring Statement when the unfolding Brexit process feels like watching a cross between Saw 3 and a monster truck rally? This has been a problem for two and a half years – the Brexit black hole has sucked time and resources away from almost every other area of [...]