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      Europe has made a ‘major mistake’ on slow electrification, IEA chief warns 

      UK industrial electricity prices are the highest in the G7 and 46 per cent above the average of the International Energy Agency.

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  • George Osborne announces £500m funding for Faslane submarine base in new push for Trident programme

    August 31, 2015

    Chancellor George Osborne has pledged £500m for the Royal Navy’s submarine base at Faslane, funding he says will create “thousands” of jobs. The base in Faslane, one of the UK’s three naval hubs, is home to Britain’s Trident programme, with four submarines armed with Trident missiles based there. Read more: What you need to know [...]

  • Crazy markets, Night Tube called off and Jeremy Corbyn goes off the rails: Here’s what got us talking this week

    August 28, 2015

    It was the week in which everything got a bit trippy: the markets went bananas. The South Bank went psychedelic. Someone discovered a Nazi train full of gold (allegedly). And after 60 years of rivalry, Burger King finally proposed a truce with McDonald's… What got us talking 1. Up, down, up, down… Who said August was [...]

  • Labour leadership race: Jeremy Corbyn’s tweets ahead in the social media stakes – but not enough to win outright

    August 28, 2015

    Surprise Labour leadership frontrunner, Jeremy Corbyn has taken Twitter by storm. Of all four candidates, he dominates: As a ratio, he has 38 per cent of candidates' Twitter following, up 18 per cent in the last two weeks alone and leading his closest competitor, Andy Burnham, who takes 27 per cent. Read more: Can geography help [...]

  • Jeremy Corbyn to consider women-only train carriages: Here’s how Twitter reacted…

    August 28, 2015

    Labour leadership frontrunner Jeremy Corbyn has said he would consider women-only carriages on trains in order to counter a rise in assaults on public transport. Yvette Cooper, his rival, hit back that the idea would be "turning the clock back, not tackling the problem". Meanwhile, Conservative women's minister Nicky Morgan said she was "uncomfortable" with [...]

  • Labour leadership race: 18 per cent of Corbyn supporters voted for the Liberal Democrats in 2010

    August 28, 2015

    Almost one in five supporters of Jeremy Corbyn voted Liberal Democrat in the 2010 elections, new research from YouGov suggests. A survey of 3,777 eligible voters in the Labour leadership election, undertaken in the first week of August, shows 18 per cent of Corbyn supporters voted for the Lib Dems under Nick Clegg. Read more: Is [...]

  • Labour leadership candidates Liz Kendall and Yvette Cooper attack Jeremy Corbyn’s women-only train proposal

    August 27, 2015

    Politicians from across the political spectrum have hit out at Jeremy Corbyn's proposals for women-only train carriages. The Labour leadership hopeful first floated the idea last night as a way of combating harassment on public transport, saying: "It is unacceptable that many women and girls adapt their daily lives in order to avoid being harassed on the [...]

  • WPP boss Sir Martin Sorrell shrugs off mounting fears over China’s economy

    August 27, 2015

    WPP boss Sir Martin Sorrell yesterday admitted “everyone should be concerned” about the current state of the Chinese economy – but said he remained an “unabashed bull” over the long term.   Speaking to City A.M., Sorrell said that although Asia Pacific is the company’s third largest market, WPP would not be changing its strategy [...]

  • Is WPP’s Sir Martin Sorrell right to “remain a raging bull” in relation to Chinese growth?

    August 26, 2015

    Andy Rothman is investment strategist at Matthews Asia, says Yes China’s stock market has experienced a significant correction, and Beijing engineered a minor devaluation of the RMB, but neither of these events reflect a worse-than-expected slowdown in the real economy, and there are no signs that the A-share correction is having a significant impact on [...]

  • John Whittingdale’s BBC velvet glove at Edinburgh TV Festival masks a hand of steel

    August 26, 2015

    John Whittingdale struck a conciliatory tone on the BBC at the Edinburgh TV Festival, saying "It was never our intention to create the impression that the BBC was under attack".  The culture secretary explained that much would remain unchanged at the BBC of the future. The licence fee was still the only option because the [...]

  • London mayoral election 2016: After Boris Johnson, the next Mayor of London must be a dealmaker – Zac Goldsmith

    August 26, 2015

    Next year you will decide who replaces Boris Johnson as Mayor of London. But in less than a month, you also have an opportunity to decide who will be the Conservative party’s candidate for mayor. London’s performance under Boris’s mayoralty has been remarkable. Our city has not only emerged from recession but has also driven [...]

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