Richard Branson might jump on the electric car bandwagon March 20, 2015 Richard Branson has hinted that his Virgin brand might jump on the electric car bandwagon (the wagon bandwagon?) at some point in the not-too-distant future. The entrepreneur already has his own Formula E team – an electric version of Formula One which features battery-powered cars racing at speeds of up to 140 mph. But when [...]
The one reason people trust Coca-Cola more than David Cameron March 20, 2015 Barack Obama reading trolls’ tweets on Jimmy Kimmel, Yanis Varoufakis in a lifestyle shoot in Paris Match, David Cameron on Buzzfeed (or “The Buzzfeed”, as he likes to call it). In our celebrity-obsessed world, we want to see the human side of our politicians. For this reason, a politician’s “brand” is critical. Why do you [...]
Budget 2015: George Osborne urged to explain £12bn of planned cuts March 19, 2015 Pressure is mounting on chancellor George Osborne to reveal where planned welfare cuts will eventually be implemented. “It is almost two years since he [Osborne] announced his intention of cutting welfare spending by £12bn,” said Paul Johnson, head of the Institute for Fiscal Studies (IFS). “Apparently the plan is to have those £12bn of cuts [...]
Bill Gates and Michael Bloomberg set their sights on tobacco industry March 19, 2015 Two titans of capitalism have combined efforts to launch a new front in their war against the tobacco industry. Microsoft founder Bill Gates and ex-New York Mayor Michael Bloomberg are throwing their weight behind a scheme to help governments of poorer nations defend anti-tobacco laws from legal challenges. The assault on tobacco has been ongoing [...]
Budget 2015: George Osborne’s fiscal tricks are as bad as Gordon Brown’s: We need an umpire March 19, 2015 No New Zealander likes to be reminded of the infamous “underarm incident”. Cricketer Brian McKechnie, facing the final ball of a hard-fought series, needed six runs to clinch it for New Zealand. The Australian bowler walked in and rolled the ball – underarm – down the pitch to McKechnie. Even the Australian Prime Minister was [...]
Is the ECB speaking too soon in saying that QE is already helping the Eurozone economy? March 19, 2015 Danae Kyriakopoulou, an economist at the Centre for Economics and Business Research, says Yes Central bankers in Frankfurt have been patting each other on the back as the euro has continued to slide. At first glance, why shouldn’t they? Their QE has sent the euro tumbling, making Eurozone exports more competitive and raising prospects for [...]
Most consumers aren’t feeling the benefits of Osborne’s recovery March 19, 2015 George Osborne used yesterday's Budget to trumpet the government's economic record. With a dramatic fall in unemployment, respectable economic growth and low inflation, the Conservatives believe they have strong record to run on. Osborne labelled Britain the "comeback country" and said the government had brought the UK back from the brink. But how many consumers [...]
Jeremy Browne: George Osborne has given up making the case for a smaller state March 19, 2015 George Osborne has given up making the case for a smaller state and conceded ground to the Labour party, according to a former government minister. Speaking at a post-Budget briefing hosted by the Taxpayers' Alliance and the Institute of Economic Affairs, ex-home and foreign office minister Jeremy Browne said Osborne was failing to make the [...]
Was this video of Yanis Varoufakis giving Germany the finger faked? March 19, 2015 It was the finger heard around the Eurozone: charismatic Greek finance minister Yanis Varoufakis appearing to flip the bird at Germany at a time when relations between the two countries couldn't be much tenser. Fears of a Grexit and demands for war reparations were still high on the agenda, and a flippant insult from a [...]
Budget 2015: Renton Osborne goes Toryspotting March 19, 2015 Choose life. Choose a job. Choose a career. Choose a family. Choose the Tories. That was George “Renton” Osborne’s message to electorate, as he used the final Budget of this coalition to go Toryspotting. “We choose the future,” the chancellor said, in a sequence reminiscent of the opening of Ewan Macgregor’s 1996 film. ”We choose [...]