WePark is a radical rethinking of city space, which started in San Francisco and has spread as far afield as Toulouse, Bristol, LA and Portland “If we were designing cities from scratch, would we choose to create the car-centric, parking-dominated spaces we have now?” asks Victor Pontis, the organiser of WePark. “Probably not.” In response, Pontis
Category: Business
Company’s enthusiasm for building new manufacturing site waned after Brexit vote Burberry has scrapped plans for a new factory to produce its trademark trenchcoats in Leeds. The site had been the centrepiece of a vaunted £50m investment in its British manufacturing base. The luxury brand announced the ambitious plan in 2015 but has now confirmed that the 4-hectare
Ofgem says suppliers must return final credit balance within 10 working days Gas and electricity customers are set to automatically receive compensation if their supplier fails to hand back their final credit balance within 10 working days. Under the new Ofgem rules, which started on 1 May, customers will also be entitled to compensation of
First the good news for President Trump: There were far more jobs created in the US during April than the “experts” were predicting. Now the bad news. That excellent job growth will keep the president from getting the one thing he wants most now, a cut in interest rates from the Fed. On Friday the
European and American investigators have broken up one of the world’s largest online criminal trafficking operations in a series of raids in the United States and Germany, authorities said Friday. Three German men, ages 31, 22 and 29, were arrested after the raids in three southern states on allegations they operated the so-called “Wall Street
Investment in three small savings schemes offered by the post office is eligible for a deduction under Section 80C of the Income Tax Act Did you know you can access a variety of banking services at a post office? Other than mailing services, India Post – which operates a network of more than 1.5 lakh
The transaction will include the repayment of a shareholder loan of around 60 million euros and is expected to close in June The acquisition will help SoftBank Group Corp-backed OYO expand its Homes business, which will now have more than 100 million vacation rentals and urban homes MUMBAI: Oyo, India’s biggest hotel startup, has agreed to
‘Awful quarter’ for challenger bank as pre-tax profits halve and customer deposits fall Metro Bank shares plunged to all-time lows on Thursday after it revealed an accounting error contributed to a 50% drop in quarterly profits and the loss of some of its bigger customers. The challenger bank’s share price fell as much as 21% in
– To be available in four trims – E, S, SX, SX(O). – Bookings are open at Rs 21,000. – Petrol DCT is only available in S and SX+ variants. Hyundai Motor India commenced official bookings for the Venue earlier today at an amount of Rs 21,000. The company has also revealed details relating to the
National Audit Office says Chris Grayling’s department ignored businesses based in arches A £1.46bn sale of Network Rail’s property portfolio to private sector buyers was carried out without consideration of the impact on the lives and livelihoods of thousands of sitting tenants, Whitehall’s spending watchdog has found. The National Audit Office (NAO) also found that