Andrea Leadsom’s campaign manager has admitted “rookie mistakes” in the MP’s failed Tory leadership bid August 22, 2016 A high-profile interview which saw Andrea Leadsom accused of attacking Theresa May for not having children was “a cock up”, her former campaign manager has admitted. Speaking at the Edinburgh Festival last weekend, Conservative MP Tim Loughton claimed Leadsom was being “set up” by journalists, but maintained the decision to give the interview was “a [...]
Uber’s driverless cars hitting roads within weeks after $300m Volvo tie-up August 18, 2016 UpstartUber and traditional car brand Volvo are hooking up to travel together on the road towards an autonomous car filled future – which may not be as far away as you think. Volvo will make the cars and sell them to Uber, the two firms revealed today, investing a combined $300m on the project. Read more: [...]
Southern Rail strike travel disruption: Everything you need to know August 8, 2016 Commuters across the south east who usually travel into the capital are preparing for a week of misery as Southern Rail staff begin a five day strike starting today. The week-long industrial action has come after weeks of disruption as a result of a revised timetable which cut more than 340 trains and with the further threat of strike action [...]
Ford share price swerves after it misses profit expectations and warns over full year earnings and the impact of Brexit July 28, 2016 Ford shares have dipped ahead of the open after the US car manufacturer reported its second quarter profit missed expectations. The poor performance was blamed on stalling markets in the US and China. Ford posted profit of $1.97bn, or $0.49 per diluted share, versus $2.16bn or $0.54 per share a year ago. Its earnings – excluding one-off items – came in [...]
Before the bell: What you need to know before the US market open July 28, 2016 Last night the US Federal Reserve signalled the way to an interest rate rise before the US Presidential Election and investors are busy digesting the flood of earnings reports. Here's what you need to know before the US market open at 2:30pm. The pre-market is pointing lower ahead of the open but looks to be broadly [...]
Volvo V90 D5 AWD review: The Swedes finally go into battle with the all-conquering Germans with their new estate car July 25, 2016 Sweden’s two great carmakers, Saab and Volvo, have met very different fates. The former was declared bankrupt and production ended in 2014. The latter, on the other hand, is experiencing a glorious renaissance, funded by Chinese money and spearheaded by the brilliant XC90 SUV. Swede dreams, indeed. While the XC90 is Volvo’s halo model, its [...]
London-listed miner Kennedy Ventures to raise £2m towards lithium project July 20, 2016 Kennedy Ventures is raising £2m to help fund the miner's potential lithium project in Africa. The Aim-listed firm will issue 66.7m shares at 3p each, nearly 40 per cent below its closing price on Tuesday. Read more: General Electric backs German renewable battery start-up Sonnen The cash will be used by its 75 per cent [...]
Ford Edge review: This beef-monster SUV might lack the status of an Audi, but its sharp styling will win you over July 18, 2016 You probably have friends who drive an Audi Q7, so you’ll know the rationale for choosing one. It has seven seats, so you can drive the kids and their friends to football or ballet. It has lots of space for the annual holiday. You can drive other cars off the road because it’s the size [...]
How artificial intelligence, peer-to-peer technology and blockchain are changing the insurance industry forever July 14, 2016 Just as fintech is transforming the banking world, “insurtech” has set its sights on the insurance industry. There are firms like Trov, which provides insurance on-demand and enables consumers to catalogue insured belongings. Buzzmove uses home removals data to create a new distribution model for insurance – people are more likely to renew or buy [...]
John Wesley exhibition: the Los Angeles-based artist to host exhibition at London’s Waddington Custot July 12, 2016 At first glance, you might throw Wesley in with the pop artists. Recurring female nudes recall a less fetishised Allen Jones, the industrial blocks of colour echo both Haring and Lichtenstein, his rhythmic repetition brings to mind Warhol. But Wesley sits uneasily in this company; even his more overtly pop motifs – Pop Eye and [...]