Coronavirus: Jaguar Land Rover halts production at all UK plants March 20, 2020 Britain’s largest car manufacturer Jaguar Land Rover is to suspend all production at its UK production plants from next week in an effort to minimise the spread of Covid-19. The Coventry-based automotive firm, which has plants in Solihull, Bromwich and Halewood, said manufacturing would resume on 20 April, “subject to review of the rapidly-changing circumstances.” [...]
Trevor Carlin interview: IndyCar and F2 team owner on the impact of coronavirus, developing F1 stars and which protege has world title potential March 19, 2020 They have played a crucial role in the development of a number of Formula One stars, from former world champions Sebastian Vettel and Nico Rosberg to rising stars such as Lando Norris and Carlos Sainz Jr. But that has not made celebrated motor racing outfit Carlin impervious to the financial difficulties that the coronavirus crisis [...]
Boom or bust: The risk of a repeat of the dot-com bubble March 19, 2020 On 10 March 2000, the US Nasdaq stock market peaked at 5,048.62. By October 2002, the index had lost 78 per cent of its value, or about $5 trillion. The Nasdaq had swelled due to the proliferation of internet-related companies aiming to make money from this nascent technology. In fact, between 1995 and 2000, the [...]
Boris Johnson calls on UK businesses to make ventilators amid Covid-19 crisis March 16, 2020 Prime Minister Boris Johnson has called on the UK’s biggest manufacturers to help produce vital medical equipment like ventilators as the coronavirus crisis worsens. This evening Johnson, along with Michael Gove, spoke to more than 60 UK businesses, asking them both to share their expertise and make the components themselves. According to a Downing Street [...]
Competition watchdog clears Bauer’s regional radio takeover March 12, 2020 The competition watchdog today cleared Bauer Media’s acquisition of dozens of regional radio stations after the media giant agreed to match advertising terms. Bauer last year snapped up almost 50 stations from Celador, Lincs FM, Wireless and UKRD. This included a 50 per cent stake in First Radio Sales Limited, which runs more than 100 [...]
England show grit to hold off late Wales surge and win Triple Crown March 8, 2020 England sealed the Triple Crown and kept their Six Nations hopes alive – in theory, at least – with victory against Wales on Saturday, but they were made to work for it. The hosts had to cling on as they finished the match with 13 men despite being the better side for long periods and [...]
Car shipping cartel to face UK class action March 1, 2020 Five shipping companies who ran a cartel for importing cars to the UK will face a class action lawsuit. MOL, “K” Line, NYK, WWL/EUKOR and CSAV are being sued for overcharging UK consumers and businesses. The European Commission ruled in 2018 they had breached competition rules by coordinating rates and capacity. Brussels imposed a €395m [...]
WPP shares crash as fourth quarter revenue stalls February 27, 2020 Shares in WPP crashed 15 per cent in early trading after the advertising giant failed to deliver growth in the fourth quarter. The figures Like-for-like revenue less pass through costs fell 1.6 per cent to £10.8bn for the full year. Profit before tax dropped 21.9 per cent to £982m. Net debt was slimmed down from [...]
England 24-12 Ireland: Johnny Sexton’s struggles help England record confidence-boosting win at Twickenham February 23, 2020 The build-up to England’s Six Nations clash against Ireland at Twickenham on Sunday was dominated by one storyline. England captain Owen Farrell coming up against his father, Ireland head coach Andy, was an understandable focus, given the importance of both figures. But before England’s 24-12 win was over it was clear that particular aspect had [...]
Call of the Wild review: A heartwarming trek through the uncanny valley February 20, 2020 Throughout his acting career, Harrison Ford has built a reputation for acting alongside large hairy things, whether they be a Wookiee copilot or Sean Connery at peak beard. Now the man stars alongside Buck, a sled dog made not of flesh and bone but a veil of polygons, generated by powerful graphics processors and wrapped [...]