Lord Tim Bell, the spin doctor responsible for the famous “ Labour isn’t working” 1979 election poster during Lady Margaret Thatcher’s general election campaign has died aged 77. He was awarded a Knighthood by Mrs Thatcher in 1990 and a peerage by Tony Blair. The poster showing a snaking queue of unemployed people, is said…
Category: Business
Lithium Ion batteries were developed in 1980 at Oxford University but were first commercialised by Japan’s Sony in 1991 for use in its camcorders. Anil Srivastave CEO of Swiss Battery make Leclanche, said “UK needs to focus on how to commercialise innovations made in its universities and then scale them up quickly as their a…
The investment company behind Keurig Dr Pepper, sandwich chain Pret A Manger, Krispy Kreme Doughnuts, JAB Holdings, Caribou and Peet’s coffee, Einstein Bros Bagels who are aiming to raise as much as £6.5bn ($8bn) from investors to further its multi-year acquisition spree in the consumer sector. The company which manages the fortune of Germany’s billionaire…
Indian hospitality startup OYO has acquired the Hooters Casino Hotel in Las Vegas, its first US property purchase, for a reported £110m ( $135million). OYO said. OYO said it would partner with restaurant operator Highgate to rebrand it OYO Hotel and Casino. The hotel, which has 657 rooms across 19 floors and a 35,…
Indian Oil has stopped the fuel supply to India’s national carrier Air India at six domestic airports because of unpaid dues. The airports where fuel supply has been halted since Thursday evening are Mohali, Visakhapatnam, Kochi, Pune, Ranchi and Patna. “in the absence of equity support Air India cannot handle the huge debt service…
The Ambani family has topped Bloomberg’s list of “Asia’s 20 Richest Families” with a fortune of $50.4bn. Hong Kong’s Kwok family, whose Sun Hung Kai Properties is the city’s largest developer came in second with a wealth of $38bn. Others in the list include Shapoorji Pallonji Group’s Mistry family, the Hindujas and Samsung Lee’s…
The Royal Air Force display team have flown over famous landmarks in New York City, including the Statue of Liberty. The team based in RAF Scampton, Lincoln are on a tour of North America to promote the UK and will visit 25 more cities across the continent.
All major UK airports is to introduce 3D baggage scanners before 2022 according to a government statement, which will boost security speed up pre-boarding checks and could end restrictions on travelling with liquid and laptops. The equipment is very similar to CT scanners used in hospital and is already being installed at London’s Heathrow Airport…
School construction works on nine out of ten schools in Pakistan, a £107m project funded by the UK’s Department for International Development are not fit for purpose leaving 115, 000 children in makeshift classrooms. Internal Dfid documents reveal that new renovated facilities at 1, 277 of the 1, 389 schools covered by the programme…
Flying above the Amazon fire reveals skyline is invisible by plumes of smoke and flames rushing across plains like lava. Thousands of fires are ravaging the Amazon rainforest in Brazil, including the northern states of Roraima, Acre, Rondonia and Amazonas. More than 75, 000 forest fires were recorded in Brazil in the first eight months…