Exclusive: “We are the anti-Uber”, says Kabbee CEO Justin Peters December 5, 2014 Yesterday, taxi app company Uber was valued at $40bn (£25.7bn) after it completed a $1.2bn funding round. This year, London has experienced an explosion in the growth of taxi apps, with different services dealing with black cabs, minicabs and other vehicles springing up all over the capital. Speaking to City A.M., Justin Peters, chief executive of [...]
Car industry set to create 50,000 jobs as reshoring takes hold December 5, 2014 The automotive industry is set to create a 50,000 new jobs as it reshores, according to research from Lloyds bank. British manufacturers will bring jobs back to the UK over the next couple of years to make more of an impact in the green auto market. Companies are choosing Britain, according to Lloyds, to shorten [...]
Tory veteran David Davis attacks government tax avoidance crackdown as threat to the rule of law December 4, 2014 The government has become the biggest threat to the rule of law, according to veteran Tory backbencher and former minister David Davis. Speaking at a briefing organised by the Taxpayers' Alliance and the Institute of Economic Affairs (IEA) he slammed the government's attempts to limit tax avoidance through laws such as the General Anti Avoidance [...]
Former Liberal Party leader Jeremy Thorpe dies aged 85 December 4, 2014 Former leader of the Liberal Party Jeremy has passed away at the age of 85 after a long battle with Parkinson's, his son Rupert has announced. He led the Liberals from 1967 to 1976 and was the MP for North Devon from 1959 to 1979. His political career came to an abrupt end after Norman [...]
George Osborne slams BBC over “hyperbolic” coverage of Autumn Statement spending cuts December 4, 2014 Chancellor George Osborne is less than impressed with some of the broadcast coverge given to his last major set piece event yesterday in the form of the Autumn Statement. Osborne denounced coverage of spending cuts to be delivered in the next parliament as "totally hyperbolic". The comments came after he was challenged with figures from [...]
Former Lib Dem minister Jeremy Browne fires warning shot over Clegg’s Autumn Statement no-show December 4, 2014 While the Tories may have reason to be cheerful with headlines in today's business sections, with pictures of George Osborne at the dispatch box slashing one of Britain's most hated taxes splashed across the newspapers, there was one member of the government who was conspicuous by his absence on the day of the Autumn Statement. [...]
US government to auction 50,000 Bitcoins seized from online drugs marketplace Silk Road December 4, 2014 The US Marshals Service has announced a fresh auction of 50,000 Bitcoins seized after the shutdown of online drugs marketplace Silk Road last year. The digital currency was seized from wallet files that belonged to the owner of the Silk Road, allegedly website Ross William Ulbricht, known online as "Dread Pirate". In 2012, Ulbricht was charged [...]
Autumn Statement 2014: George Osborne scraps stamp duty slabs December 3, 2014 George Osborne's Autumn Statement unveiled a raft of measures in an intensely political statement aimed at luring voters back from Ukip during next year's general election. His centrepiece? A complete overhaul of stamp duty which, he said, will create savings for 98 per cent of home buyers. To cheers from the Tory back benches, Osborne [...]
Russell Brand wins award for making no sense while Boris Johnson snatches first place for clarity December 3, 2014 Poor Russell Brand can't seem to catch a break these days, with opinion polls showing him to be more unpopular than Jeremy Clarkson and column inches being devoted to his poor reaction to tough questions. If things weren't bad enough for the self-styled revolutionary, he's just been named the winner of the Plain English Campaign's [...]
Nigel Farage’s confusion on sex education is just the latest in a series of Ukip policy flip-flops December 3, 2014 Ukip has once again had to clarify party policy after Nigel Farage appeared to disown the position held by his deputy Paul Nuttall that sex education should be scrapped for primary school children. Speaking in an ITV debate with young voters, the Ukip leader said: I have never advocated that policy … I know there [...]