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  • Billionaire Elon Musk to attempt fresh Space X rocket launch in US national security mission

    December 20, 2018

    Space X chief Elon Musk's Falcon 9 rocket is scheduled to attempt to launch again this afternoon, after two previously-scheduled launches this week were cancelled due to last-minute technical issues. The rocket is set to carry a satellite worth roughly $500m (£393.7m) built by Lockheed Martin up to space, taking off from Florida at around 2pm GMT. [...]

  • Black Friday promotions drive unexpected retail boost in November

    December 20, 2018

    Retail sales enjoyed stronger-than-expected growth in November as shoppers cashed in on Black Friday promotions. Sales over the month increased by 1.4 per cent compared to the same period last year, far higher than the 0.3 per cent forecast in a Reuters poll of economists. But over the three months to November sales rose by [...]

  • A second referendum wouldn’t be undemocratic… but it would be disastrous

    December 20, 2018

    As a Dutch Anglophile and a committed European, my natural sympathies lie with those currently aiming to preserve the ties that bind the UK to the European Union. What the massive street protests and the passionate people’s vote campaign make clear is that many Brits are as attached to their newly-won European rights as they [...]

  • The government’s immigration proposals aren’t perfect but they include plenty to cheer about

    December 19, 2018

    Yesterday, this column predicted that the government's immigration white paper would be a pretty rum Christmas present for business. Today, we have to acknowledge that while the proposals don't satisfy everyone (or more accurately, every sector) there are elements to cheer. The Home Secretary, Sajid Javid, is known for a more liberal approach to immigration [...]

  • Minicab and Uber drivers to lose exemption from congestion charge

    December 19, 2018

    Minicab and Uber drivers will no longer be exempt from the £11.50 congestion charge from April next year, Sadiq Khan announced today as part of his push to curb pollution levels. TfL expects the changes to reduce the number of private hire vehicles entering the congestion zone each day by up to 8,000, a 44 per cent drop from current levels. [...]

  • Immigration after Brexit: Here’s how the City reacted to Sajid Javid’s white paper

    December 19, 2018

    The government has outlined proposals for rules on immigration after the UK leaves the European Union next year, prompting a flurry of responses from business leaders across the City. Unveiled by home secretary Sajid Javid this afternoon, the document said low-skilled workers entering the UK from EU countries will no longer receive automatic approval to work in [...]

  • Javid sets out post-Brexit immigration rules in hotly anticipated white paper

    December 19, 2018

    Home secretary Sajid Javid has unveiled the government's post-Brexit immigration plans in a white paper this afternoon, with low-skilled workers no longer automatically receiving the right to work in the UK. Javid had said earlier in the day that the plans wouldn't include a specific target to reduce annual net migration to the UK, however Prime Minister [...]

  • Jeremy Corbyn accused of calling Theresa May a ‘stupid woman’ at PMQs

    December 19, 2018

    Labour leader Jeremy Corbyn has been accused of calling Theresa May a "stupid woman" during Prime Minister's Questions today, as calls mounted for him to apologise. The Prime Minister was mocking Corbyn during a clash over the government's Brexit deal, at which point he was caught on parliamentary cameras muttering words to himself. Speaker John Bercow was [...]

  • Elon Musk unveils the first high-speed Boring hyperloop tunnel in California

    December 19, 2018

    Entrepreneur and Tesla chief Elon Musk has lifted the curtain on the first tunnel completed by his underground high-speed rail venture the Boring Company. In a 30-minute presentation, Musk described the 1.14 mile tunnel as a breakthrough in counteracting the "soul-destroying" traffic of Los Angeles, California. Despite previously suggesting the public would be offered free [...]

  • All change in 2019, as Europe heads to the polls

    December 19, 2018

    Just as it is always 5 o’clock somewhere in the world, there are always voters preparing to go to the polls, even when they don’t hit the headlines here in the UK. In the first part of 2019, almost a third of the world’s population will take part in significant elections. In April and May [...]

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