Elon Musk rubbishes Tesla exist chatter and commits to ‘try a little advertising’ too May 17, 2023 Elon Musk has dismissed speculation he may step down as Tesla’s boss – and told the company’s annual shareholders meeting the electric car and solar panel firm will start doing some advertising. “Say it ain’t so,” a shareholder said to Musk about stepping down as Tesla’s chief executive. “It ain’t so,” he replied. When another [...]
Cost of living overwhelmingly top concern for UK public, poll finds May 17, 2023 The cost of living crisis continues to be the top concern for Britain’s voters, a new poll has found. Pollsters at More in Common (MiC) found 75 per cent of those surveyed cited the cost of living crisis as their number one priority that the government should address. Only 44 per cent said supporting the [...]
Jeremy Hunt pressed on Brexit tariffs after Stellantis warns of job cuts and car factory closures May 17, 2023 Jeremy Hunt insisted the government is “very focussed” on ensuring Britain improves its EV car manufacturing capacity, after Vauxhall and Fiat’s parent firm warned of Brexit-linked concerns. The Chancellor’s comments were made in the wake of worrying remarks by automaker Stellantis, saying the future post-Brexit tariffs could threaten sections of its UK business, placing hundreds [...]
Jeremy Hunt: UK not ‘in a position’ to know if it can cut taxes before election May 17, 2023 The government is currently not “in a position to know whether we’re going to have any headroom at all” to cut taxes in the run up to the next election, Jeremy Hunt claimed today. Speaking at the British Chambers of Commerce’s (BCC) annual conference, the Chancellor said he and Prime Minister Rishi Sunak “have our [...]
Starmer: ‘We’re not going to re-enter the EU – but the trade deal needs to be improved’ May 17, 2023 Sir Keir Starmer said the Brexit deal needed to be improved after the owner of Vauxhall said it will be unable to keep its commitment to make electric vehicles in the UK without changes to the trade agreement with the European Union. The Labour leader made his comments after one of the world’s largest carmakers [...]
Starmer defends plans to give EU citizens and 16-year-olds the vote despite election ‘rigging’ claims May 15, 2023 Sir Keir Starmer has indicated it is “common sense” to allow EU nationals who have worked for years in the UK to vote in a general election, as Labour considers extending the franchise. The Opposition leader said it “feels wrong” that people who have contributed to Britain’s economy and raised their children in the country [...]
Net migration set for record high as Tories brace for backlash May 14, 2023 Net migration figures into the UK are reportedly set to reach a record high of up to one million with the Conservative party bracing for criticism over the issue. Official figures are expected to be released later in May, with net migration expected to be 650,000 to 997,000 – far higher than the previous record [...]
Keir Starmer to ‘look at’ voting rights for EU citizens and 16-17 year olds May 14, 2023 Labour leader Sir Keir Starmer will “look at” expanding the franchise to EU citizens living in the UK and lowering the voting age to 16, a party frontbencher has confirmed. Shadow business secretary Jonathan Reynolds has said the proposals are “something we will look at”, amid reports over Labour being keen to bring in the [...]
Elon Musk announces successor as Twitter chief – and that it’s now called X Corp May 12, 2023 Elon Musk said that he has found a new CEO for Twitter, or X Corp, as it is now called. He did not initially name the person but said she will be starting in about six weeks when the announcement was made on Thursday. On Friday he took to the site to say the new [...]
Supertool: S4’s Sorrell says AI ‘more effective than a 25-year-old media buyer’ May 11, 2023 S4’s chairman Sir Martin Sorrell is optimistic about the future of AI as his advertising agency embraces it to supercharge their productivity and reach. Sorrell said S4 had already seen an increase in viewing metrics because AI was helping employees speed up ad copywriting and aggregate data that makes it easier to hyper-personalise and target [...]