Watch out Uber? Addison Lee’s investing £17m in 550 new Ford Galaxys November 14, 2016 Addison Lee is striking while the iron's hot. It has just announced some hefty investment, plugging £17m into new cars, purchasing 550 Ford Galaxy people carriers, as it renews 12 per cent of its 5,000 strong fleet. Earlier this year profits were down as it battled the rise of mobile challengers, like Uber. But with the [...]
Eight very cool ways Amazon Echo can make your life easier November 14, 2016 It's a speaker, it's a personal assistant, it's activated by just your voice and it's promising to make your life easier – meet the Amazon Echo. Many people are already raving about the device across the pond where it's been available for some time while many others not in the US have been hacking the device to get [...]
Are London-only visas a good idea? November 10, 2016 Richard Brown, research director at the Centre for London, says Yes. For much of the UK, immigration was the big issue in the EU referendum. Londoners have always been slightly more relaxed. One in four workers in the capital are from overseas, and Londoners in general are far more positive about immigration than people from [...]
Hired raises another $30m to recruit tech talent for Facebook, Uber and top tech companies November 9, 2016 Recruitment startup Hired has landed a new round of funding just months after it last raised cash, City A.M. can exclusively reveal. The Ontario Pension Board and wealth advisory firm Glenmede Trust, both of which already have a stake in the firm via venture capital (VC) investments, are among new investors to put $30m (£24.2m) into the startup, [...]
Supporting Britain’s scaleups must be a national priority post-Brexit November 8, 2016 If you're looking for examples of tomorrow’s titans, the high-growth superstars that will change our world, you can find an abundance in Britain today. In fact, 18 of Europe’s 47 unicorns – startup companies valued at over $1bn – are from Britain, the highest concentration on the continent. It’s a track record that has made the [...]
Audi TT RS review: Ferociously fast and deeply desirable, the new Audi TT RS is a potent package November 8, 2016 A hotted-up hatchback for hairdressers or a half-price Audi R8? The TT RS splits opinion, at least as far as preconceptions are concerned. In reality, the flagship TT is a serious rival for the Porsche Cayman and, on paper at least, every inch the junior supercar. One figure in particular stands out: 3.7 seconds. That’s [...]
Karhoo, an Uber rival people have barely heard of, has closed down November 8, 2016 Kar-Who? An ambitious startup hoping to challenge Uber in the hotly contested world of ride-hailing has closed down just months after it launched in London. Karhoo, founded by British entrepreneur Danial Ishag but based in New York and backed with $250m (£201.8m) from investors, has been consigned to the scrap heap, it said today, after burning through that cash. [...]
Now Deliveroo drivers are launching a bid for greater workers rights November 8, 2016 Drivers delivering food for restaurants through Deliveroo are seeking greater workers rights following a high-profile court case which handed Uber drivers worker status. A group of drivers has asked the startup to recognise the union and give it collective bargaining rights over issues such as pay and hours, the BBC reports. Read more: The government wants "flexibility [...]
Black cab drivers are holding a fresh protest in London November 7, 2016 London's black cab drivers will hold a protest in Westminster on Tuesday as they call on the government to battle traffic congestion and pollution in the capital. Cabbies represented by the United Cabbies Group (UCG), London Cab Drivers Club and RMT are expected to bring Whitehall to a standstill at 2pm. Drivers are calling on [...]
Five ways tech is helping the US vote for its next President November 7, 2016 Donald Trump or Hillary Clinton? Whichever way the US goes, voters are being given a helping hand by technology. The hotly contested race for the White House is nearly over, but the likes of Google and Uber have joined the final push to get millions of Americans out to vote. Every little helps, after all. 1. Google [...]