Monthly Archives: September 2015

VW scandal: More than 1 million UK cars contain emissions cheating device

VW said that in the next few days it would send details of the affected cars to retailers and set up an online portal where customers can check to see if their vehicles contain the emissions-rigging software. “Step by step, […]

Tesla’s first all-electric Model X SUV unveiled

“The Model X is a particularly challenging car to build, maybe the hardest car to build in the world,” he said. “But it is an amazing vehicle and I think it will blow people away. “Our biggest challenges are with […]

FCA says insurance mis-selling complaints fall

The logo of the new Financial Conduct Authority (FCA) is seen at the agency’s headquarters in the Canary Wharf business district of London April 1, 2013. Reuters/Chris Helgren LONDON Britain’s financial regulator said complaints about the mis-selling of loan insurance […]

Wates Group lands Shepherd deal bolstering turnover by £300m

In London alone, the group is building residental properties on the Greenwich Penisula, refurbishing the Chelsea Hospital and building a new exhibition facility at the Victoria & Albert Museum – “it’s the biggest hole in London right now,” claimed Mr […]

TfL’s misguided Uber attack will hurt Londoners

Love it or hate it, Uber is a phenomenon. The app-controlled taxi-ride service epitomises the on-demand service industry. Love it or hate it, Uber is a phenomenon. The app-controlled taxi-ride service epitomises the on-demand service industry; new products are constantly […]

Quindell slumps to another loss as it reels from reputational damage

Founder and chairman Rob Terry was ousted last November amid investor anger over his opaque share-dealings, and the company’s new management has since revealed that its previous bosses had drastically overstated its results and had failed to make proper disclosures […]

Thousands sign Uber petition against London plans to ban key features

The petition, like many online ones, requires just a name, email address and post code though, so is open to abuse. “Transport for London will soon publish proposed new rules for apps like Uber. If adopted, they will mean an […]

UK house price growth picks up in September

Sold new build homes are seen on a development in south London June 3, 2014. Reuters/Andrew Winning LONDON British house price growth accelerated in September and there were signs the market in London is heating up again, mortgage lender Nationwide […]

UK consumer confidence dips, hit by China and migrant crisis

LONDON British consumer morale fell more than expected in September as people worried about China’s economic slowdown and Europe’s migration crisis, a survey showed on Wednesday. Market research firm GfK’s monthly consumer confidence index slipped to +3 from +7 in […]

The truth about China’s dwindling war chest

After abandoning its peg with the US dollar in favour of a “managed float”, authorities have been forced to intervene on a massive scale to prop up the renminbi. This botched devaluation has seen China burn through reserves at an […]