Billionaire beer heir and George Osborne enter the fray in Chelsea sale race April 18, 2022 An American billionaire beer heir and former chancellor George Osborne have joined separate bids to buy Chelsea Football Club, with a decision on the sale now expected this month. Sky News reports Alejandro Santo Domingo, who sits on the board of Budweiser owner AB InBev, is a part of an investor group led by ex-Liverpool [...]
Rivian says automotive at risk of EV battery shortage April 18, 2022 The global automotive industry needs to brace for a shortage of electric vehicle (EV) batteries, according to Tesla’s rival Rivian. Chief executive RJ Scaringe said moving from building a few million batteries to tens of millions within the decade will replace chip shortages as the sector’s biggest challenge. “Put very simply, all the world’s cell [...]
Average price of used cars soar by a third following supply chain squeeze April 18, 2022 The average price of a used car in the UK has soared by almost a third over the last 12 months. Data from online car dealer Auto Trader revealed that on a like-for-like basis car prices have gone up by 32 per cent to around £18,000 – meaning that motorists are now paying a 15 [...]
Shooting for Venus: A sit down with UAE’s space agency chair April 18, 2022 After leading the United Arab Emirates to Mars, space agency chair Sarah Al Amiri expects that over the next 10 years, “human exploration will go further than it has done in a very long time”. The space chief is now set to help the United Arab Emirates Space Agency navigate its interplanetary mission through our [...]
Brits face more travel chaos as they flock home after Easter break April 18, 2022 The UK is bracing for more travel disruption as millions of Brits are expected to return today from their holidays. According to the RAC, around 3.96 million motorists will get on the road, causing delays of many major arteries, while thousands of people reported “nightmare queues” at Paris Gare du Nord’s Eurostar gates following an [...]
Easter Reads part two: the best in our opinion pages on politics, the economy and Ukraine April 18, 2022 The much debated Online Safety Bill was introduced on March 17. It means US tech giants finally have a set of standards to adhere to, to safeguard online communities. The piece of legislation, however, is a behemoth bill of confusion, writes Leah Montebello. It’s not clear yet what content counts as “harmful”, and who should [...]
Johnson did not organise lockdown-busting party, says Number 10 April 18, 2022 Number 10 has been forced to deny that Boris Johnson organised a leaving party for a senior aide at the height of a Covid lockdown in 2020. The Sunday Times revealed that Johnson was pictured pouring drinks for people, and himself, during a November 2020 leaving event for then director of communications Lee Cain. There [...]
Global Citizen to launch six sustainability funds in funding boost against climate change April 18, 2022 Charity Global Citizen, which seeks to end poverty worldwide, has tabled plans for six sustainability funds of up to $1bn. The non-profit aims to answer the age-old funding question surrounding tackling climate change and biodiversity concerns, as lower-income countries struggle to meet the United Nations 2030 Sustainable Development Goals. The charity, which partners with Citi, [...]
In order to succeed, today’s entrepreneurs must be able to tell their story April 18, 2022 I have a great story to tell, I’ll admit it. I came to the UK as part of the Windrush generation. I landed in Birmingham with nothing: my four brothers and I lived in poverty, and I had to scrap for everything. I worked on my father’s allotment from the age of five; I dropped [...]
Taxman ramps up asset confiscation amid Covid-19 fraud boom April 18, 2022 HMRC has confiscated assets worth £39m in around a year – a more than 700 per cent increase from 2020. The confiscations, made via account forfeiture orders over the past 11 months, dwarf that of the £4.8m the taxman snagged a year prior, according to law firm RPC. It comes as HMRC ramps up its [...]
