Government pledges half a billion to fix 10 MILLION potholes

Councils in England are to be allocated £500million to repair some 10 million potholes scattered across the country’s local roads, the Government has said this morning. The funding is the second instalment from the £2.5billion Potholes Fund launched by the Chancellor last year and is not a newly announced cash injection. The AA welcomed the … Read more

Met Office ‘to give forecasts from abroad’ with £1.2 billion energy-guzzling supercomputer

Met Office ‘to give forecasts from abroad’ as £1.2 billion energy-guzzling supercomputer risks torpedoing the service’s public stance on fighting climate change Sources say the Met Office will house a new supercomputer outside the UK  There are fears it will use so much energy it will hinder stance on climate change It is hoped supercomputer … Read more

Met Office ‘to give forecasts from abroad’ with £1.2 billion energy-guzzling supercomputer

Met Office ‘to give forecasts from abroad’ as £1.2 billion energy-guzzling supercomputer risks torpedoing the service’s public stance on fighting climate change Sources say the Met Office will house a new supercomputer outside the UK  There are fears it will use so much energy it will hinder stance on climate change It is hoped supercomputer … Read more

Uber says it will consider accepting bitcoin as payment after losing $6.8 BILLION last year

Uber will consider accepting Bitcoin as payment, its CEO said Thursday, a day after the company posted 2020 losses of $6.8 billion.    Dara Khosrowshahi told CNBC Thursday that the ride-hailing company had discussed and ‘quickly dismissed’ the idea of investing in bitcoin. He said: ‘We’re going to keep our cash safe. We’re not in the speculation … Read more

How the Big Five housing developers have made £10 BILLION since Grenfell fire 

As the financial hardship of many leaseholders continues, building firms are cashing in on a property market boom. The five biggest developers have made around £10billion in profits since the Grenfell Tower inferno, allowing them to shower more than £4.5billion on shareholders in dividends. The Government’s Help to Buy scheme, which offers loans to first-time … Read more

How the Big Five housing developers have made £10 BILLION since Grenfell fire 

As the financial hardship of many leaseholders continues, building firms are cashing in on a property market boom. The five biggest developers have made around £10billion in profits since the Grenfell Tower inferno, allowing them to shower more than £4.5billion on shareholders in dividends. The Government’s Help to Buy scheme, which offers loans to first-time … Read more

Peloton posts $1 BILLION sales for second quarter but shares plunge 8%

Peloton has posted $1 billion in sales for its fiscal second quarter and increased its sales outlook for 2021 to $4 billion as gym enthusiasts continue to turn to the at-home fitness equipment maker while the pandemic rumbles on. The company announced its second quarter fiscal 2021 financial results Thursday recording quarterly sales growth of 128 … Read more

Apple ‘invests $3.6 BILLION in carmaker Kia to start building its own electric vehicles by 2024’

Apple takes a bite of Musk’s market! Tech giant ‘invests $3.6 BILLION in carmaker Kia to start building its own electric vehicles by 2024 in bid to rival Tesla’ Kia will reportedly sign a $3.59 billion deal with Apple to build electric vehicles  Shares in the South Korean car company jumped by as much as 14.5%  The … Read more

China exported more than 220 BILLION masks in 2020 – nearly 40 for every person outside the country

China exported more than 220 billion face masks in 2020, the equivalent of nearly 40 per person outside of the country. Demand for protective equipment has skyrocketed after the breakout of the coronavirus pandemic which began in China in late 2019.  The surge in exports helped the country become the only major economy in the … Read more

Tiffany Trump’s fiance is heir to billion dollar empire and brother stars in The Crown

Michael Boulos, the young Arab-American entrepreneur destined to become Donald Trump’s son-in-law, comes from an extraordinary family which has enjoyed immense wealth but also suffered unimaginable tragedy, MailOnline can reveal. The 23-year-old, who proposed to the ex-President’s youngest daughter Tiffany, 27, with a £1million engagement ring this week, is heir to a vast multi-billion pound … Read more