Toyota president Akio Toyoda warns Britain to avoid no-deal Brexit ‘at all costs’ October 19, 2018 Toyota president Akio Toyoda has warned that a no-deal Brexit should be avoided at all costs. Speaking as chairman of the Japan Automobile Manufacturers Association (JAMA) Toyoda said that if the UK crashes out of the EU without a deal it will "adversely affect" corporate activities and consumers and urged both sides to work towards [...]
BMW prepares to plough billions into Chinese joint venture October 11, 2018 BMW is prepared to spend big in order to take control of Brilliance Automotive (BBA), its joint venture in China, it emerged today. The German manufacturer is set to part with €3.6bn (£3.14bn) to up its stake in the company from 50 per cent to 75 per cent, and will also invest more than €3bn to [...]
Toyota recalls 2.4m hybrid vehicles over stalling issue October 5, 2018 Toyota has announced a worldwide recall of 2.43m hybrid vehicles because of a systems issue that could cause them to lose power and stall. They said that power steering and braking would still work but stalling at a fast speed could increase risks of a crash. The recall includes all Prius and Auris models manufactured [...]
UK warns of further sanctions against Russia as Nato weighs in on fresh hacking allegations October 4, 2018 The UK has said it will revise sanctions against Russia in light of today's cyber hacking allegations, working alongside other institutions as Nato joined the chorus of voices against Russian military intelligence (GRU). The statement, made by the UK's Dutch ambassador Peter Wilson on behalf of Europe minister Alan Duncan, said: "We will increase further our understanding of what [...]
Escape Hunt finds it tough to break out of losing streak as profits fall September 18, 2018 Escape room sector heavyweight Escape Hunt reported declining profits in its interim results as the company works to build up resources in its head office. The figures Escape Hunt, which runs escape room experiences including an upcoming Doctor Who themed room, said revenue soared in the last year from £193,000 to £800,000. But gross profit [...]
Escape Hunt finds it tough to break out of losing streak as profits fall September 18, 2018 Escape room sector heavyweight Escape Hunt reported declining profits in its interim results as the company works to build up resources in its head office. The figures Escape Hunt, which runs escape room experiences including an upcoming Doctor Who themed room, said revenue soared in the last year from £193,000 to £800,000. But gross profit [...]
How Tampa went from forgotten fast food badland to supercool street food trailblazer September 3, 2018 On a Friday night in Seminole Heights, The Refinery restaurant is buzzing. Every seat is taken and diners spill onto the terrace, their tables heaving with colourful food. This isn’t what I expected to find in Tampa, a city that was once known as the best place to trial fast food franchises. “We opened in [...]
Forget ditching the Lifetime Isa – it should be evolved instead August 1, 2018 Last week, the Treasury Committee suggested that the year-old Lifetime Isa (Lisa) be killed off. This news came hot on the heels of rumours that the pensions dashboard might get the boot, just months before it was expected to go live. This government seems to have a knack for driving in reverse. And by [...]
Next-generation fighter aircraft unveiled in aersoapce plan to bolster UK defence industry post-Brexit | City A.M. July 16, 2018 Plans to build a next-generation fighter aircraft were unveiled by the Government today, in a move which will bolster Britain’s post-Brexit defence capabilities and sustain thousands of jobs in the UK aerospace sector. Defence secretary Gavin Williamson outlined details of a £2bn programme which will see a new cutting-edge sixth-generation fighter jet model, christened “The [...]
Next-generation fighter jet unveiled in £2bn boost to defence industry July 16, 2018 Plans to build a next-generation fighter aircraft were unveiled by the Government today, in a move which will bolster Britain’s post-Brexit defence capabilities and sustain thousands of jobs in the UK aerospace sector. Defence secretary Gavin Williamson outlined details of a £2bn programme which will see a new cutting-edge sixth-generation fighter jet model, christened "The [...]