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Evening Standard
How a Tesla and Elon Musk sceptic came to see the light on electric vehicles
In 2015 Mercedes Benz sold its stake in Tesla, claiming the company had “achieved everything it was going to”.I’m with them. Here’s my position: Tesla is an absurdly overvalued business whose stock is kept artificially high by gangs of fanboys who are in love with Elon Musk.The electric vehicle revolution is never going to work …
Business
Sky News
Businesses set for a boost as coronavirus restrictions lift
Ian King speaks to bosses at Diageo and EasyJet to find out how relaxed coronavirus rules in England will help their businesses. He’ll also be chatting to an electric bike company which is hoping to capitalise on people returning back to offices.:: Listen and subscribe to The Ian King Business Podcast here. Advertisement
Business
Sky News
State-owned bank’s boss to reapply for job amid COVID loan fraud row
The boss of the British Business Bank (BBB) is being forced to reapply for the job amid a growing row over the state-owned lender’s role administering billions of pounds of fraudulent pandemic loans.Sky News has learnt that Catherine Lewis La Torre, who has been interim chief executive of the BBB since September 2020, has notified …
Business
Business Weekly
Cambridge Cluster a global magnet for investors, innovators and collaborators
Looking back over 2021 and what it meant for the Life Sciences industry it would be impossible not to feel, as was the case across all sectors, that it was shaped by having to adapt to cope with and battle Covid-19.  Business practice changes for all in terms of dealmaking, workplace operations and everyone’s daily …
Business
Business Live
Wales’ biggest shopping centre acquired as part of a £138m deal
The biggest shopping centre in Wales has been acquired as part of a £138m deal. Commercial property and investment firm, LCP Group, has bought the Cwmbran Centre (formerly known as Cwmbran Shopping Centre) near Newport and the Galleries shopping centre in Washington, Sunderland, from M&G Real Estate. The deal takes group’s retail acquisitions over the …
Business
Business Live
TalkTalk hailed for efforts to help make Greater Manchester ‘the best place to live and work’
Telecoms giant TalkTalk has been hailed for its efforts to help make Greater Manchester “the best place to live and work”. The Salford-headquartered company has been upgraded from support to member status of The Greater Manchester Good Employment Charter. The business has backed the charter since January 2021 and now sits alongside the likes of …
Business
Evening Standard
Airlines poised for takeoff as Brits race to the beach this summer
EASYJET declared itself ready for lift-off today as travel curbs ease and holiday bookings are poised to rocket.A host of other UK businesses also reported feeling optimistic about this year on the day face masks stopped being compulsory at indoor public spaces.Easyjet saw losses in the quarter to Christmas halve to £213 million while passenger …
Business
Business Live
Wales saw rise in the number of businesses in first year of pandemic – but one worrying statistic
Wales saw a small increase in the number of enterprises in the first year of the pandemic, according to recently released figures. The total number of enterprises active in Wales during 2020 was 104,445 – an increase of 675 (0.7%) on 2019. There were 11,905 enterprise births in Wales during 2020, a rate of 11.4%, …
Business
Business Live
Gwynedd bistro restaurant has gone on the market
A restaurant on the coast of Gwynedd has been put up for sale. Moorings Bistro overlooks the bay of Borth-Y-Gest, just outside Porthmadog. It was started up in a terraced house that dates back to 1860 and the business has gained huge popularity under the ownership of Melanie Gautier and Ross Kempster. They purchased the …
Business
Sky News
Amazon ‘shuts down’ scheme that paid warehouse workers for positive tweets
Amazon has reportedly closed down a scheme that paid staff “ambassadors” to paint a positive image of working in its warehouses on social media.The campaign, which began in 2018 as the online retailer faced hostility over safety and conditions at its so-called fulfilment centres, was quietly stopped and all traces erased at the end of …
Business
Sky News
Which shops are still asking customers to wear face masks?
Face masks are no longer a legal requirement in England – but some businesses are still requesting they are worn.Sky News explains how the rules have changed, and what is still required.How have the rules changed in England?The government’s Plan B COVID restrictions, introduced to slow the spread of the new Omicron variant, have been …
Business
Evening Standard
IG record results thanks to $1bn tastytrade takeover
IG reported another set of record results today and said the $1 billion takeover of tastytrade is paying dividends.Under CEO June Felix the business has been transformed from spread betting house to global fintech. Tastytrade, bought last June, allows retail investors to play the options and futures markets usually the preserve of City and Wall …

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