Warren Buffett: Grexit could be good for eurozone March 31, 2015 Warren Buffett believes a Greek exit from the eurozone could be beneficial for the region. The legendary investor and chairman of holding company Berkshire Hathaway waded into the issue currently dominating headlines of business publications across the continent. During a wide-ranging interview on US news channel CNBC, Buffett discussed electronic car manufacturers Tesla, the proposed [...]
David Cameron’s Heat Magazine interview: Here’s everything we didn’t want to know March 31, 2015 With the polls showing Labour neck and neck, neither of the party leaders can afford missed beats or wasted interviews. To that end, David Cameron decided to let Heat magazine's editor-in-chief, Lucie Cave, into the heart of Downing Street for a grilling that would put Paxo to shame. Here's a sample of what we found [...]
Tesla share price jumps after Elon Musk teases new product line March 30, 2015 Elon Musk tweets, markets react. Tesla Motors saw its share price rise by over three per cent today after its founder, billionaire investor and inventor Elon Musk, tweeted that the company would be unveiling a "major new product line" next month. Musk added that the product would diverge from Tesla's main business of designing, manufacturing and selling electric [...]
Rangers and Sports Direct boss Mike Ashley has too much power, says IoD March 30, 2015 A respected business group has branded the Sports Direct board "dysfunctional" and warned there aren't sufficient checks on the powers of founder and majority owner Mike Ashley. The criticism, from the Institute of Directors, comes after Sports Direct chairman Keith Hellawell endured a tough grilling by MPs on the Scottish Affairs Committee last week, during [...]
Dianne Abbott brands £5 “controls on immigration” mug “shameful” – but it is a Labour pledge March 29, 2015 Labour, it appears, is trying to make a mug out of its supporters with regards to its immigration policy. It has issued, just in time for the General Election, a set of five mugs with its five key pledges to voters. All well and good, but one of the mugs has caused great consternation among [...]
Ed Miliband: David Cameron’s divided party is now a clear and present danger to UK business March 29, 2015 ELECTION COUNTDOWN 38 DAYS TO GO Today the Prime Minister is going to Buckingham Palace. Parliament is dissolved and the General Election is finally underway. This election is not simply a choice between parties and leaders but between different visions of our country, of how we succeed, of the kind of country we [...]
Iain Duncan Smith says David Cameron will not serve full second term March 29, 2015 Iain Duncan Smith has claimed David Cameron will not serve a full second term as Prime Minister if elected, contradicting Cameron's own statements last week. Cameron said he wanted to "finish the job" in a second term but ruled out the possibility of a third term. However work and pensions secretary Duncan Smith veered from [...]
ECB, Bank of England reach agreement over clearing houses March 29, 2015 The European Central Bank and the Bank of England have hammered out a deal over the City's clearing houses, ending a lengthy dispute over whether euro denominated transactions should be cleared outside the Eurozone. It comes after Britain clinched a rare victory against the ECB in the European Union's second highest court. Because most clearing [...]
General Election 2015: David Cameron promises seven-day NHS as figures reveal more deaths occur at the weekend March 28, 2015 Prime Minister David Cameron will promise voters a “seven-day NHS” by 2020, starting with emergency care and extending to supporting services. At the Conservative spring conference in Manchester, the Conservative leader will say patients are currently “more likely to die" if they turn up at the hospital at the weekend, and that all hospitals in [...]
Boris Johnson beats May and Osborne as public’s favourite for next Tory leader March 27, 2015 Boris Johnson is by leaps and bounds the public's choice to replace David Cameron as Tory leader, should he step down part way through a second term. Earlier this week, Cameron ruled out standing for a third term as Prime Minister, leading many commentators to write that he had effectively fired the starting gun on [...]