Britishvolt to build £2.6bn battery ‘gigaplant’ in Blyth December 11, 2020 Start-up Britishvolt has chosen Blyth in the north-east of England to be the site of the UK’s first ever battery “gigaplant”. The project, which will cost £2.6bn in total, is one of the largest ever investments into the region. Around 3000 people will be employed at the plant, which will produce lithium ion batteries for [...]
E-scooter firm Pure Electric to open stores in Paris and Madrid in European expansion December 10, 2020 E-scooter firm Pure Electric is set to open new stores in Paris and Madrid as part of a 20-store expansion into Europe next year. Despite Brexit uncertainty, the Glastonbury-based business will embark on a rapid scaling up in 2021 which will see it more than double its current number of stores. The first of these [...]
Stunning Airbnb market debut drives valuation past $100bn in biggest IPO open of 2020 December 10, 2020 Shares of Airbnb soared in its stock market debut today, valuing the firm at $101.6bn and marking the biggest US floatation of 2020. Shares open at $146 on the Nasdaq, far above the initial public offering (IPO) price of $68 apiece. The stock then hit a high of $165, rising 142.6 per cent after the [...]
Boris Johnson: ‘Strong possibility’ now of a no-deal Brexit December 10, 2020 Boris Johnson has said this evening that there is now a “strong possibility” that the UK will not strike a post-Brexit trade deal with Brussels and will leave the EU on no-deal terms. Johnson’s statement comes after a meeting with European Commission President Ursula von der Leyen last night ended with both sides vowing to [...]
Boris Johnson facing legal challenge over decision not to fire Priti Patel December 10, 2020 The FDA Union is suing Boris Johnson after he overruled allegations of bullying by Priti Patel.
Paris experiences modest Brexit influx as thousands of professionals relocate December 10, 2020 Since 2016, around 5,000 employees have relocated from London to Paris as a direct result of Brexit, a report finds.
Poor broadband can knock £40k off average London home: study December 10, 2020 Due to the global pandemic, many people have either chosen or have been forced to work from home. The shift out of the office and into people’s homes has changed the importance of factors people consider when purchasing a new property. Now, if a house has poor broadband, it will knock the house price down [...]
Dreamland review – Margot Robbie saves this flat chase movie December 10, 2020 The fourth film produced by Margot Robbie for her Lucky Chap Production company, the Aussie A-lister also stars in this drama set during the Great Depression. Finn Cole plays Eugene, a young man living with his family in a small rural American town. His humdrum life is turned upside down when he finds Allison (Robbie), [...]
The Prom review – Meryl Streep saves this party from disaster December 10, 2020 If there’s one thing we’ve seen a lot of this year, its celebrities making things all about them. Anyone who cringed their way through Gal Gadot and friends’ Imagine cover in March will know how the rich and famous can often misjudge the tone during hard times. With this in mind, Netflix’s expensive musical The [...]
Canary Islands removed from travel corridors list after surge in cases December 10, 2020 Travellers returning from the Canary Islands from Saturday will now have to quarantine after a surge in cases on the archipelago meant its travel corridor has been taken away. Passengers will have to isolate for 14 days if they arrive before Tuesday, but if they arrive after they can opt to buy a private test [...]