Business Elon Musk reportedly wants to build his own ‘utopia’ town March 10, 2023 Elon Musk has made no secret of his desire to colonise Mars, but seemingly not before he’s had a go at running his own community here on Earth. The SpaceX,…
Business Energy giant attacks windfall tax, the UK’s booming space sector, and teaching kids to code March 9, 2023 Mark Boggett from Seraphim Space discusses why Britain’s space sector is attracting more investment than any country other than the US and China. Also joining Ian on today’s show are…
Business China hits out at Dutch plan to limit export of semiconductor tech March 9, 2023 China has criticised a Dutch plan to restrict the export of semiconductor equipment – a vital part of the high-tech supply chain. The Netherlands‘ government announced on Wednesday it would…
Business Tesla investigated by US regulator over steering wheels that can fall off March 8, 2023 US motor vehicle safety regulators have opened an investigation into a Tesla model after getting two complaints that the steering wheels can come off while being driven. The National Highway…
Business BMW revs up £500m plan to secure Mini production in Britain March 8, 2023 BMW, the German car manufacturer, is applying the finishing touches to plans to invest hundreds of millions of pounds into its Oxford plant, securing future production of the iconic Mini…
Business Elon Musk apologises after mocking sacked Twitter worker in online row March 8, 2023 Twitter boss Elon Musk has backpedalled after publicly mocking an employee on the social media platform. Twitter worker Haraldur Thorleifsson wasn’t sure whether he had been sacked by the company…
Business Emergency coal-fired power stations to help keep lights on as cold snap raises demand March 7, 2023 Britain’s power system operator has, for the first time ever, ordered two of five emergency coal-fired generators to produce electricity to help prevent the lights going out. National Grid ESO…
Business Car industry expects almost 500,000 EV sales this year as demand spikes March 6, 2023 Almost 500,000 new hybrid and electric cars will be seen on UK roads this year, according to new industry projections, following a spurt in production and sales. The Society of…
Business Stock market blow, an opioid crisis and the Black Founders Fund March 3, 2023 Ian King speaks to AJ Bell about how more British companies are listing on the US stock market. Plus, hear from the pharmaceutical company Indivior’s chief executive about efforts to…
Business UK stock market relocations to New York do not amount to a crisis | Ian King March 2, 2023 Looking at recent headlines, one could be forgiven that there is a host of UK-listed companies packing their bags and preparing to head to New York. Today brought news that…
Business Billions still looking at TikTok hashtags hosting eating disorder content, research says March 2, 2023 TikTok videos using hashtags previously identified as hosting eating-disorder content are continuing to attract views, new research by the Centre for Countering Digital Hate has found. A December report by…
Business Ted Baker-owner Authentic Brands Group among Hunter Boot suitors March 2, 2023 The American company behind brands such as Reebok and Ted Baker is among the suitors weighing bids for Hunter Boot, the royal warrant-holding footwear brand. Sky News understands that Authentic…
Business Cryptocurrency firm Copper tests mettle with raid for fintech rival’s finance chief March 1, 2023 The cryptocurrency firm chaired by Lord Hammond, the former chancellor, is in talks to recruit a new finance chief amid heightened scrutiny of the industry’s financial controls. Sky News understands…
Business Energy bills may rise again without plan for 2035 clean power target – warning March 1, 2023 Household bills could rise if the government further delays its plan to rid the power network of polluting fossil fuels by 2035, the National Audit Office (NAO) has warned. Energy…
Business Drivers leasing new electric cars being overcharged by hundreds of pounds each month, claims clean transport group February 28, 2023 Drivers leasing new electric cars are being overcharged by hundreds of pounds each month, it has been claaimed. Companies have been accused of failing to reflect the strong resale value…
Business Financial chiefs attending Starmer speech is significant – they can see which way the wind is blowing February 27, 2023 Let’s get the policy stuff out of the way first. Labour has an economic growth target. They want to achieve the highest sustainable growth per head rate of the seven…
Business Energy prices, regional disparities and referee bodycams February 27, 2023 Ian King speaks to our business correspondent about the new energy price cap and what it means for households. Plus hear from EY’s UK chief economist about how cost of…
Business The energy price cap has fallen but the real winner is the government February 27, 2023 Ofgem has lowered its cap on the amount energy companies can charge for gas and electricity but it’s not all good news. Even though wholesale energy prices have been falling,…
Business Russia’s economy has weathered the West’s sanctions – but how? February 23, 2023 In the aftermath of Russia’s invasion of Ukraine, Western leaders heralded a sanctions regime that would cripple the country’s war machine. Joe Biden claimed Russia’s economy would be “cut in…
Business Food shortages could last a month, says minister, insisting system ‘remains resilient’ February 23, 2023 The food system “remains resilient” the environment secretary has said, as she conceded fruit and vegetable shortages will likely continue for another two to four weeks. Responding to an urgent…