US corporate results round up July 24, 2014 Recalls batter GM profits but Ford makes progress General Motors reported a much lower second-quarter profit yesterday due to numerous recalls and the expected cost of at least $400m for a compensation fund for those killed or injured by a defective ignition switch. Net income fell to $190m, from $1.2bn a year earlier. Meanwhile, smaller [...]
Transit vans to be sold in the US July 21, 2014 FORD plans to launch Transit vans in the USA next year, to replace the Econoline van series sold in the US since 1961. The first generation of Transit vans was sold in the UK in 1965, and over the decades they have become established in markets around the world.
Forget garden cities: This utopian ideal will never give us the houses we need July 17, 2014 Garden cities make for a fascinating debate, and it’s only set to intensify. The shortlist for the 2014 Wolfson Prize was released last month, and five plans for a new garden city edged closer towards winning £250,000. Earlier this year, the government announced that a 15,000-home garden city would be built at Ebbsfleet in Kent. [...]
UK house prices in graphs: For one London square metre you could buy a new car July 11, 2014 Buying a square metre of Kensington and Chelsea property now costs roughly the same as a new entry-level Ford Fiesta. With one square metre costing £10,854, the area is the most expensive local authority in the country to live in. According to data from Halifax, average house prices in this and six other London boroughs [...]
London Report: FTSE falls from highs on global growth jitters July 7, 2014 BRITAIN’S top share index retreated from a three-week high yesterday on concerns about the pace of global economic growth, with cyclical sectors such as miners and banks worst hit. The blue-chip FTSE 100 index ended 0.6 per cent lower at 6,823.51 points after climbing to its highest since early June in the previous session. The [...]
Car registrations leap to best first-half performance since 2005 – as Fiesta leads sales July 4, 2014 UK car sales have motored on to their best half-year total since 2005. Data from the Society of Motor Manufacturers and Traders (SMMT) reveals that 1,287,265 new cars were registered in the first six months of 2014. That's a 10.6 per cent rise on the same six months last year. Mike Hawes, SMMT chief executive, [...]
New Machiavelli: Political nous is crucial in offices July 1, 2014 Knowing your firm’s social networks will help you get things done. Niccolo Machiavelli gets a bad rap these days. His name is used as a byword for the ruthless scheming that makes some organisations toxic places to work. But according to a new paper – Power in Management and Organisation Science, by Peter [...]
London style: Iconic British looks from the brands behind London Collections June 26, 2014 Our exclusive City A.M. Bespoke photoshoot celebrates some of the most iconic looks by the brands who exhibited their wares at the menswear showcase, from 1960s mod-inspired styles to the grimy punk borrowed from the late 1970s. Brilliant fashion minds such as Lou Dalton take these genre classics and reimagine them for a new generation; [...]
The new rules of business dress: Is casual dying? June 26, 2014 It’s not just about perceptions – make use of “enclothed cognition” Ever since “business casual” exploded onto the sartorial scene in the 1990s, predictions of the death of smart business dress have come thick and fast. Levi’s posted an eight-page brochure titled A Guide to Casual Businesswear to around 25,000 human resource managers in the [...]
Car makers report a 32pc fall in commercial vehicle production June 19, 2014 THE UK motor industry’s trade association yesterday reported that commercial vehicle manufacture slumped by almost one-third in May as output was affected by restructuring. The Society of Motor Manufacturers & Traders (SMMT) said that in May output fell by 32 per cent, while in the year-to-date, it was down 22.8 per cent. However, it was confident that [...]