Image copyright Getty Images The value of the pound has fallen following news that Prime Minister Boris Johnson is planning to suspend Parliament on 9 September. The move is expected to prevent opposition leaders from passing a law to stop a no-deal Brexit. The pound is down almost 1% against both the euro and US […]
Pound falls as Queen asked to suspend Parliament Read More »
Image copyright PA Media From schools to the armed forces, the providers of public services have been clamouring to know exactly how much they have to spend. They’ll get their wish a bit sooner than expected. An unusual flurry of drama from the Treasury, that department better known for the staid crunching of numbers, saw
Spending review: The game has changed but not the rules Read More »
Image copyright AFP Chancellor Sajid Javid has promised increased spending on priority areas of schools, police and health. Setting a 4 September date for the 12-month spending round – earlier than previously planned – he said there would be no “blank cheque” for departments. Mr Javid said he would stick to the current borrowing rules,
Javid pledges spending review cash for schools, NHS and police Read More »
Image copyright Reuters Image caption Thomas Cook is already trying to sell its fleet of planes Troubled travel firm Thomas Cook says it has agreed a rescue deal with investor Fosun Tourism, its banks and a majority of its bondholders. The UK tour operator said in July it was working to secure new investment from
Thomas Cook to sell majority stake to China’s Fosun Read More »
Image copyright Getty Images US retailer Costco was forced to close early on its opening day in China, after the store was swamped with shoppers. Buyers battled long queues and traffic chaos, before the Shanghai store was shut hours early due to “overcrowding”. Costco’s push into China comes as other foreign retailers have struggled to
Crowds force early closure of first Costco store in China Read More »
Image copyright Roborace Image caption This racing car has no driver but still manages not to crash Johannes Betz is not your typical racing car driver. For a start, he doesn’t get in the vehicle – it’s driverless. As a post-doctoral researcher, he is in charge of the Technical University of Munich’s entry in the
The robo racing cars accelerating driverless tech Read More »
Image copyright AFP Image caption April 2010: Ferdinand Piëch in an Audi in Hamburg The German car industry has lost a legendary leader: Ferdinand Piëch, who steered Volkswagen to global success. Mr Piëch took charge of VW in 1993 at a time when the carmaker, based in the north German city of Wolfsburg, was making
Obituary: Volkswagen’s visionary leader Ferdinand Piëch Read More »
Image copyright Getty Images Supermarkets are still offering misleading special offers and discounts despite rules designed to stop this, according to Which?. The consumer group found “dubious” deals that were worse than they first appeared at most major UK chains. These included multi-buys that cost more despite the alleged offer, and special offers in which
‘Stop misleading special offers’ supermarkets told Read More »
Image copyright Forest History Society, Durham, NC “The canyons seemed to act as chimneys, through which the wind and fires swept with the roar of 1,000 freight trains. The smoke and heat became so intense that it was difficult to breathe. The whole world seemed to us men back in those mountains to be aflame.
How fire shaped humans, and forged the modern economy Read More »
Image copyright Getty Images A vaping advert has been banned for suggesting that Olympic champion Sir Mo Farah had endorsed the product. It featured a male model with a bald head and thick eyebrows, with the strapline “Mo’s mad for menthol”. Sir Mo had already complained on Twitter, saying “You may have see this ad
Vaping advert banned over Mo Farah confusion Read More »
