Housing market holds up well despite Bank of England rate hikes August 8, 2022 The UK property market is still running hot despite the Bank of England’s rapid interest rate hike cycle, according to research by City A.M. House purchases dipped around four per cent in June compared to December when the Bank’s first rate rise landed, dropping to 95,420 from 99,560, according to HMRC data. Governor Andrew Bailey [...]
Electric dreams: Volt founder on the rise and rise of the electric bike August 5, 2022 Between the oven-like temperatures on the tube, the promise of rail strikes stretching into infinity and the ever-present threat of another airborne pandemic, things are looking up for the e-bike industry. Last year saw a record 22m e-bike sales according to the Confederation of the European Bicycle Industry, a 10 per cent increase on the [...]
The Week in Review August 5, 2022 Bitcoin has been bouncing around a little over the last week, but always within its well established range around $22,000.
UK ahead of EV adoption curve but charging accessibility lags behind August 4, 2022 The UK is currently ahead of the Climate Change Committee’s electric vehicle (EV) adoption curve by more than 100,000 cars. According to figures by Volkswagen Financial Services UK, there were 833,000 EVs in the UK as of March – up 71 per cent on last year’s levels. At the same time, registrations of battery-electric vehicles [...]
Dealmakers circle British firms as UK tops inward investment August 4, 2022 International dealmakers have set their sights on British firms this year with the UK now the top target in Europe for inbound and domestic investment, research today reveals.
London exodus: Record numbers escape the capital as pandemic trend continues August 1, 2022 There has been an exodus of Londoners since the pandemic, with more than 40,000 escaping eye-watering rent in the capital to buy their first home. The pandemic trend of leaving London has continued, with a record 28 per cent of new homes outside the M25 being first-time buyers. In the first half of 2022, 40,540 [...]
EXCLUSIVE: 1966 World Cup hero Sir Geoff Hurst: ‘My own memory could fade. You expect it to happen’ July 27, 2022 Sir Geoff Hurst tells Frank Dalleres that seeing most of his 1966 World Cup winning team-mates suffer with dementia convinced him to preserve his memories in the form of a digital artwork that will help to raise money for two Alzheimer’s charities. Every morning Sir Geoff Hurst goes for an hour-long walk through the park [...]
Stirling Moss’s favourite car: racing legend’s Mercedes SL heads to auction July 25, 2022 A unique car built to the exacting specifications of Sir Stirling Moss, this 1966 Mercedes-Benz 230 SL will be auctioned next month.
Australian bidder walks away from £650m race to snap up rail giant Go-Ahead July 21, 2022 Australia-based Kelsian confirmed this morning it has pulled out from the race to buy Go-Ahead – weeks after the board picked a rival offer. The business said falling share prices in Australia tied its hands and forced the group to walk away from a potential tie-up. Kelsian is one of Australia’s biggest bus and ferry [...]
The best electric cars to buy in 2022 July 19, 2022 We name the best electric cars you can buy this year, including the Ford Mustang Mach-e, Hyundai Ioniq 5 and Tesla Model 3.