Airbus wins patent for a hypersonic plane that could fly from London to New York in just one hour August 5, 2015 Just under 12 years after Concorde was retired, plans for a new hypersonic plane that could transverse the Atlantic in an hour have been made, with Airbus winning a patent for a new air vehicle. The US Patent and Trademark Office has approved the application made by Airbus for an “ultra-rapid air vehicle together with a [...]
EU free trade deal with Vietnam will protect Champagne, Scotch whisky and a host of other foods and drinks with a geographical indication August 4, 2015 Crack open the Champagne – after two and a half years of talks, a Free Trade Agreement has been agreed in principle between the European Union and Vietnam that will eliminate over 99 per cent of tariffs. But you could open a bottle of Rioja wine or Scotch whisky if you prefer, because the agreement [...]
Calais migrant crisis: Manston Airfield will be “temporarily used” to relieve pressure on M20 during Operation Stack August 4, 2015 The department of transport has announced Manston Airfield will be temporarily used to “provide additional capacity” for cross-Channel freight when Operation Stack is in place. The disused airfield in Kent will be used as an emergency lorry park, holding freight in the short-term to reduce pressure on the M20 during Operation Stack, the department of [...]
All lines have reopened after trains were suspended from London Bridge Station due to incident in Brockley August 4, 2015 All lines from London Bridge have reopened after trains were suspended due to a person on the track in Brockley, in the London Borough of Lewisham. Some travel disruption is still expected until around 9pm, Network Rail said. All lines have now reopened – there are residual delays of up to 30 minutes expected until [...]
Pfizer can buy Hospira for $17bn after European Commission approval August 4, 2015 The European Commission has approved the proposed acquisition of Hospira by Pfizer for $17bn (£10.9bn) under EU merger regulations. Phizer, the US drug maker, pledged it would protect the research of some drugs and guard against price rises to calm competition concerns in order to acquire its US rival Hospira. The deal will see Pfizer [...]
The gender pay gap can’t be closed while the Tories have their heads in the sand August 4, 2015 David Cameron displayed a higher than usual level of complacency the other week, writing an article in the Times in which he celebrated “a recent slew of good news” for gender equality. Out in the real world, things are quite a bit less rosy. Progress towards genuine equality has slowed in recent years. In fact, across the [...]
If you’ve a grip on the Calais migrant crisis Philip Hammond, why don’t you come take a look? August 4, 2015 We British know how to queue, that is without a doubt. But last Wednesday I was sitting in a cab in Calais next to a lorry driver from Yorkshire in one of the most unpleasant queues of my life, while gangs of young men wandered past us eyeing up which UK bound lorry they thought [...]
If you’ve a grip on the Calais migrant crisis Mr Hammond, why don’t you come take a look? August 4, 2015 We British know how to queue, that is without a doubt. But last Wednesday I was sitting in a cab in Calais next to a lorry driver from Yorkshire in one of the most unpleasant queues of my life, while gangs of young men wandered past us eyeing up which UK bound lorry they thought [...]
UK migration crisis: How much would it cost the UK to let in all the asylum seekers? August 4, 2015 Nightmarish scenes around the fence bordering the Calais end of the Channel Tunnel in recent days have epitomised what Theresa May has labelled a global migration "crisis". But is it a crisis? What if the UK just gave up and let everyone in? We ran the numbers, and it would cost the UK taxpayer about [...]
ICE Brent crude oil falls below $50 a barrel August 4, 2015 Brent crude oil has fallen below $50 a barrel to hit a six month low. ICE September Brent crude, which acts as the global benchmark, fell 18 per cent in July. Having fallen by 4.64 per cent in the first session of August trading, it lost more than $2, falling to $49.58, its weakest price [...]