House prices to surge another £50,000 over next five years July 27, 2021 House prices are expected to surge another £50,000 over the next five years, further reducing affordability in the UK property market, according to new forecasts published today. Estate agent Savills predicts house prices will jump nine per cent this year, driven by the extended stamp duty holiday and prospective buyers rushing to purchase larger homes [...]
Big Tech earnings: What to expect this week as tech titans report July 27, 2021 Wall Street is gearing up for a slew of Big Tech earnings this week with Apple, Amazon, Facebook, Google and Microsoft all set to deliver figures for their latest quarter. Twitter and Snap kicked off proceedings by smashing expectations last week, raising hopes that a post-pandemic advertising rebound will boost other platforms. Tesla also shrugged [...]
EP: 75 Glorious Goodwood – Wednesday & Thursday July 27, 2021 Trainer Jim Bolger joins us for an exclusive interview on today’s podcast as Poetic Flare looks to keep his amazing winning season on track in the million pound Sussex Stakes on Wednesday at glorious Goodwood. We also preview Thursday’s card with Lady Bowthorpe’s trainer William Jarvis who discusses her chances of victory in the Group [...]
China’s industrial profit slows as material prices soar July 27, 2021 China’s industrial firms have seen their profits slow in recent months, as raw material prices put pressure on factories. Recovery post-coronavirus in the industry has seen weaknesses in higher materials prices and hits to global supply chains. Year-on-year profit for Chinese industrial firms climbed 20 per cent in June to 791.8bn yuan (£88.5bn), according to [...]
Tony Abbott predicts UK will block Chinese purchase of Welsh chip factory July 27, 2021 Former Australian Prime Minister Tony Abbott has predicted that the UK will block the takeover of the country’s largest chip manufacturer by a Chinese-owned firm. Abbott, who is also on the UK’s Board of Trade, told a virtual event today that the sale would be blocked if it happened in Australia and that Boris Johnson [...]
Elon Musk’s Twitter antics pushes Tesla’s $23m loss in Bitcoin assets July 27, 2021 Tesla’s lofty revenue, which surpassed analyst expectations today, has been offset by a $23m loss over Bitcoin which pushed the electric carmaker to dial back its investments. Elon Musk’s carmaker did not buy or sell any digital assets in its second quarter, as it dialled back investments after purchasing some $1.5bn in Bitcoin in the [...]
Former PM calls Australia’s vaccine rollout a ‘colossal failure’ July 27, 2021 Former Australian Prime Minister Malcolm Turnbull has criticised the Australian government’s vaccine rollout as “the biggest failure of public administration” he can recall to date. Speaking to the BBC, Turnbull said the Australian government failed to secure enough Covid-19 vaccinations: “It was a colossal failure, and the problem is you can’t wind the clock back [...]
Court of Appeal reopens landmark £5bn lawsuit against BHP for Brazil dam collapse July 27, 2021 London’s Court of Appeal has today decided to reopen a historic £5bn lawsuit against mining giant BHP over the collapse of a dam in Brazil in 2015. In an unexpected u-turn, the court said that a group of 200,000 claimants would be able to appeal against a lower court’s decision to throw the case out [...]
Wine and cheese pairing is an art: Here’s what the experts say July 27, 2021 There are so many National Something-Or-Other days that you could be forgiven for having overlooked Sunday’s celebration of Wine and Cheese Day. Walthamstow’s new online drinks marketplace Hometipple marked the occasion by coming up with a series of exciting cheese and wine pairings, including Hungarian Etyeki Kuria Pinot Noir with aged Berkswell from Warwickshire. “Hometipple [...]
The £46,250 Toyota Corolla: cult-classic AE86 smashes auction record July 27, 2021 A one-owner 1987 Toyota Corolla GT has sold for a staggering £46,250 at auction. But what makes this AE86 model so sought-after?