Tag: new business ideas

The pound has fallen after disappointing manufacturing, trade and construction data suggested the UK economy is failing to gain momentum.Output in both the manufacturing and construction sectors fell in May, according to the Office for National Statistics

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If you live in an African city you will be familiar with car parkers or guards – men who suddenly appear when you park your car. They will watch it for you and guide you out when you leave… for a small fee. Also guarding their patches closely, they are a

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High walls topped with razor wire, armed patrols in pick-up trucks and signs deterring would-be criminals from targeting properties are commonplace in South Africa. Per capita, the country’s private security industry is the fourth largest in the world and South

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UK house prices have fallen for three quarters in a row for the first time since 2012, according to the Halifax.Prices in the period between April and June were 0.1% lower than they were in the previous three months.Prices in June fell by 1% from the month before,

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Chinese internet giant Tencent insists its profits won’t take a hit from a decision to limit the time children can play one of its most popular games.Access to Honour of Kings is now restricted to one hour a day for children aged under 12 and two hours for

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The UK should stay in the single market and customs union until a final Brexit deal is in force, according to the CBI business lobby group.CBI head Carolyn Fairbairn said it was “impossible” for all the details of a new trade deal with the European Union

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An Australian state will install the world’s largest lithium ion battery in a “historic” deal with electric car firm Tesla and energy company Neoen.The battery will protect South Australia from the kind of energy crisis which famously blacked out the

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Samsung Electronics has reported a record quarterly profit thanks to surging global demand for memory chips.The South Korean tech giant reported an operating profit of 14 trillion won ($12bn; £9.3bn) in the three months to June, up 72% on a year earlier.Sales climbed

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A disused railway tunnel is to be turned into a test centre for motor vehicles including racing cars.The tunnel, in Catesby, Northamptonshire, is 1.7 miles (2.7km) long and perfectly straight.Vehicles will travel through it at up to 100mph to test things like engine

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