Every man’s office is his castle: Chris Morling tells us about the time his business unintentionally spread fake news September 17, 2018 What kind of boss decides to buy a castle and use it as an office? Apparently, a boss like Money.co.uk founder Chris Morling. While some might presume that purchasing a castle is merely a grandiose way of making a statement, Morling is far from a show-off. In truth, the idea started out as a [...]
The green economy race is heating up – and Britain has the edge September 14, 2018 More than two centuries after our role at the leading edge of the Industrial Revolution, the UK needs a new economic and social transformation. One that sees global carbon emissions reduce dramatically. One that is essential for protecting our planet’s health and improving quality of life for future generations. The government strongly believes that the [...]
The green economy race is heating up – and Britain has the edge September 14, 2018 More than two centuries after our role at the leading edge of the Industrial Revolution, the UK needs a new economic and social transformation. One that sees global carbon emissions reduce dramatically. One that is essential for protecting our planet’s health and improving quality of life for future generations. The government strongly believes that the [...]
Super Soco review, price, specs and details: Could this be the Tesla of motorcycles? September 6, 2018 The first time I rode a moped, I immediately crashed it into a parked car near my house. Just ramped up onto the pavement like Steve McQueen and smashed into a Fiesta, causing several pounds worth of damage. I was 15 years of age, which is so long ago now that no policeman can arrest [...]
Private equity firm BC partners exits Sabre Insurance with £116m share sale September 5, 2018 Sabre Insurance founder Angus Ball and private equity fund BC Partners today sold £116m shares in the car insurance company. The share sale means that former majority shareholder BC Partners has sold its remaining holding in the company while Ball now holds a 1.8 per cent share. Read more: Private equity firm Apollo takes Aspen [...]
New car hire app Virtuo sidesteps all the usual pains of London car rentals August 30, 2018 By far the least entertaining part of renting a car is having to stand around inside a hermetically sealed fartbox of a portacabin on the edge of some rainy industrial estate, before a 17-year-old in an oversized suit throws you the keys to an old banger that you suspect was built in East Germany. Recently [...]
London mayor Sadiq Khan should park the cap on taxis – it’s actually TfL licensing that is clogging up our roads August 24, 2018 Congestion is snarling up London, and Sadiq Khan is right to be worried. Traffic speeds are now well into horse and cart territory. In the morning peak, passengers on the route 15 bus between Tower Hill and Charing Cross are now down to crawling along at an average of 4.2mph. The number of private hire [...]
Tesla short-sellers have the last laugh August 19, 2018 Tesla short-sellers have made a bumper $1.2bn (£940m) paper profit since the car company’s colourful chief executive Elon Musk said he is considering taking the business private. Despite making some initial gains in the immediate aftermath of Musk’s tweet on 7 August, in which he declared that funding for the move had been secured, the [...]
Countrywide of the mark as pay rebellion looms August 16, 2018 Beleaguered estate agent Countrywide could be the victim of its second shareholder rebellion in two months amid a bitter row over executive pay. Under-fire chairman Peter Long is facing the wrath of City institutions who are understood to be planning a revolt over a new incentive scheme, according to reports in Sky News. In a [...]
Last Week in the City: Trade fears re-emerge August 3, 2018 Garry White, chief investment commentator, looks at the market-moving events that have shaped the UK equity markets this week (30 July to 3 August 2018). Interest rates were raised in the UK for the second time since the financial crisis, but the move was widely expected. The earnings season continued. Growth in all regions was [...]