Good morning and welcome to the Business Breakfast live blog for Tuesday, August 28. I'm Jonathon Manning and I'm running the blog today. The business team's live blog brings you all the breaking news from across the North East, the UK and beyond - basically anything and everything from the world of business. Ride-hailing app Uber is partnering with Toyota to build self-driving cars that will hopefully be used to pick up customers by 2021. The two firms are planning to combine their research in autonomous vehicles to hasten the production of the cars. As part of the deal Toyota has also invested $500m (£387m) in Uber. And home insurance customers are being charged up to £75 extra a year, when they stick with their provider, Which? has found. The consumer group has found that customers with combined buildings and contents policies older than a year where being hit with excessive premiums. If you'd like to contribute, tweet at @jnlbusiness to share your opinions, drop me a line … [Read more...] about Business Breakfast LIVE: Uber teams up with Toyota in $500m self-driving car deal
Best end of financial year car deals
News by Press Association 23/05/2018, 12:46 pm FacebookTwitterWhatsAppEmail Send us a story Sign up to our Daily newsletter According to Sony Interactive Entertainment CEO John Kodera, the Playstation 4 is entering the end of its life cycle. Kodera made the comments at the company’s annual Investor Relations Day, as reported by Wall Street Journal tech reporter Takashi Mochizuki. He was addressing shareholders, and some reports suggest his comments were made in an attempt to address a downturn in sales: 16 million PS4 consoles are projected to be sold in the current financial year, compared with 19 million in the previous year. The console however will not be discontinued any time soon, and is still expected to sell in large numbers. The PS4 launched in November 2013, and as of March 31 2018, had reached 79 million in cumulative sales. Since Kodera’s comments, speculation has increased surrounding a Playstation 5 console, but no hardware … [Read more...] about PS4 is nearing the end of its life cycle, says Playstation boss John Kodera
And just like that, we bid farewell to the 2017/18 Premier League season. The winners were never in doubt with Manchester City leading the way from early September. Pep Guardiola's side have romped to the title, smashing every record in sight - and ended the season with an incredible 100 points. It has been a campaign to forget for many, particularly Stoke, West Brom and Swansea, who will all start next term in the Championship. It has been a fascinating 10 months with some great games, goals and much more. We have asked our reporters for their individual moment of the season... Andy Dunn Manchester City 2-1 Southampton - Guardiola and Redmond Pep Guardiola should have been hauled over the Football Association coals and given the severest of scoldings, Nathan Redmond should have told him where to go and the Manchester City manager was lucky he did not cop a right-hander from Mauricio Pellegrino. Yet the final moments of City’s 2-1 victory over Southampton at the Etihad, … [Read more...] about Mirror Football writers reveal their best moment of the Premier League season
From the meetings and conversations I’ve had in the last two-and-a-half years with people from across the finance sector, from different organisations and with different responsibilities, there has been a consistent message. People want to know where they stand. They want to know where we as a Labour Party are coming from, what we in Labour want from financial services, and what we as a government can offer them in return. We stand for the creation of a society and an economy that is fairer, more democratic, and more prosperous than it is today, where that prosperity is sustainably produced and shared by all. We believe that the finance sector has an important role to play in that. Labour in government will end austerity spending cuts, and we will do so in a way that is fiscally responsible. Our fiscal credibility rule means we will target eliminating the current deficit in five years, and have debt lower as a share of trend GDP at the end of five years. We will charge the Office … [Read more...] about Labour and the City of London: What the party would offer the financial services industry
Driving change Experts think 2017 marked the beginning of an epochal shift in mobility, with classic auto-making becoming redundant in the new era of car-sharing, electric vehicles and self-driving cars. Germany's old guard is unprepared. Published on January 5, 2018 5:04 pm You could say that Bob Lutz has gasoline in his blood. For decades, the 85-year-old American worked in top positions for major automakers General Motors, Ford, Chrysler and BMW. This hard-earned experience helped to explain why his guest article in November for the American trade magazine Automotive News caused such a stir. The piece, entitled “Kiss the good times goodbye,” was nothing less than a wake-up call for the automotive industry. In his article, Mr. Lutz dared to make predictions that are likely to scare many auto executives: The last journey on American roads by a human-driven car will happen within 15 to 20 years’ time; drivers will by then be a risk that no legislator will … [Read more...] about Can carmakers survive the age of Uber?