Elon Musk’s Tesla unveils new “entry level” Model S 70D April 8, 2015 Tesla, the electric car maker with the cult following, has just unveiled its latest model: the "entry level" Model S 70D. At just over $75,000 (£50,000), it's hardly a snip – but at 514 hp, it's almost as powerful as a Porsche 911…. The company's shares rose 2.9 per cent to $209.25 in pre-market trading, [...]
Ken Livingstone lashes out at George Osborne at City University Q&A April 7, 2015 He could have gone for a Tommy Cooper classic or some variant on the knock, knock formula – but that just wouldn’t be Ken, would it? Students at City University have been chuckling away in recent days over a bizarre recording of former London mayor Ken Livingstone being asked to name his favourite joke. [...]
Mark Carney fears UK at risk from Greek contagion April 7, 2015 Britain’s banks and insurers could be in danger if Greece leaves the Eurozone, the Bank of England warned yesterday. The UK is not heavily exposed to Greece itself, but if it exits the single currency then it could cause financial panic in other indebted economies like Spain and Italy, which would then hit Britain hard. [...]
Ukip legal battle: Nigel Farage could face High Court fight with Amjad Bashir April 7, 2015 Nigel Farage could be facing an intense legal battle with a former Ukip MEP. Amjad Bashir, who defected to the Conservative Party in January, has had his lawyers write to the Ukip leader asking him to withdraw allegations made earlier this year. Bashir's lawyers said Ukip could be taken to the High Court for possible [...]
General Election 2015: Nicola Sturgeon vows the SNP will block a raise of the state pension age in the UK April 7, 2015 The SNP will block planned raises of the UK pension age, if it wins enough seats in the General Election to do so, Nicola Sturgeon said yesterday. The Scottish first minister, argued Scots will be disadvantaged by the rises, as they have the lowest life expectancy in the UK. A baby girl can expect to [...]
General Election 2015: George Osborne says Labour raised taxes by £2,000 as tax row escalates April 7, 2015 Goerge Osborne will today claim that New Labour hiked taxes on earnings for an average household by £1,895 a year in real-terms, as the row between the parties over tax escalates. The new figures come from the House of Commons library. The Tories say they hint at what Labour would do if it wins the [...]
Obama should listen to the people in pushing through his Iran nuclear deal April 6, 2015 Foreign policy analysis in any country tends to be the preserve of a tiny elite: a small number of people practise it, and generally a miniscule section of society follows it. In the UK, to all our shame, a far greater percentage of the population watches The X Factor than exhibits a healthy understanding [...]
Mythbusting Nigel Farage: Why immigration doesn’t erode social cohesion and trust April 6, 2015 The political scientist Robert Putnam famously found that Americans “hunker down” in the face of social diversity, doing less in the community and trusting people less – even their own compatriots. When Nigel Farage suggested that one reason kids tend not to play on the street nowadays was immigration, he was voicing a common concern: [...]
Greece bailout: Future looks brighter for struggling economy as Yanis Varoufakis says he’ll meet all obligations to creditor nations April 6, 2015 Greece's economic situation is on the brink of improving slightly, as long as finance minister Yanis Varoufakis sticks to his word. Yesterday, he told the troubled country's creditor nations that Greece intends to “meet all obligations”, and that includes a €450m (£332m) loan repayment due to be made to the International Monetary Fund (IMF) on [...]
General Election 2015: Osborne promises to get 2.4m first-time buyers onto housing ladder with property “revolution” April 5, 2015 Chancellor George Osborne has pledged to bring about a “property revolution” in the UK, helping 2.4m more first-time buyers to get on the property ladder. In an interview with The Sunday Telegraph, he said he intended to double the number of first time buyers to 500,000 a year over the next five years, should the [...]