GM unveils its $105,595 Hummer EV SUV with an ‘extract mode’ that raises it six feet off the ground

The Hummer was the epitome of gas-guzzling excess before retiring in 2010, but General Motors (GM) has revived the iconic vehicle with an eco-friendly design. The carmaker unveiled its new five-seat Hummer EV SUV, which can go 300 miles before it needs a recharge. Retailing for $105,595. the top-line Edition 1 offers 830 horsepower, 82 … Read more

New Zealand PM Jacinda Ardern raises minimum wage and increases its tax on the rich to 39%

New Zealand raises its minimum wage to $20 an hour and increases its tax on the rich as Jacinda Ardern carries through with her election promise The changes will impact up to 175,000 of the nation’s lowest earning workers Kiwis working a 40-hour week on minimum wage will pocket an extra $44 a week New … Read more

Wearing contact lenses in the shower raises risk of cornea infection up to SEVEN-fold

Wearing contact lenses in the shower can increase your risk of developing a painful sight-threatening infection up to SEVEN-fold, study warns The habits of 78 contact lens wearers were analysed by researchers from the UK Of these, 37 had previously developed contact lens-related microbial keratitis The risk of infection increased with the frequency of showering, the … Read more

Bank of England raises alarm over big exodus from funds

Fund managers ‘overly optimistic’ about how they can cope with rush of investors quitting, according to review published in wake of Woodford scandal By Daily Mail City & Finance Reporter Published: 21:55 GMT, 26 March 2021 | Updated: 22:15 GMT, 26 March 2021 Fund managers are ‘overly optimistic’ about how they can cope with a … Read more

Banksy artwork which appeared in tribute to NHS medics on Covid frontline raises £16mil for charity

Banksy artwork which appeared in hospital corridor in tribute to NHS medics on Covid frontline raises £16million for charity in record auction for artist Game Changer appeared at Southampton Hospital last year as thank you to staff Banksy has auctioned original canvas, with reproduction remaining in hospital Painting fetched £16.7mil, which is said to be … Read more

Online estate agent easyProperty raises £800,000

Online estate agent easyProperty raises £800,000 from investors including Sir Stelios Haji-Ioannou By Neil Craven, Financial Mail on Sunday Published: 21:50 GMT, 13 March 2021 | Updated: 21:50 GMT, 13 March 2021 Online estate agent easyProperty has raised £800,000 from investors including Sir Stelios Haji-Ioannou.  The company, which operates under licence from the easyJet founder, … Read more

Boost for L’Oreal-backed hair firm as it raises £1.2m

Beauty start-up backed by L’Oreal raises £1.2m to help salons bounce back from lockdown By Harriet Dennys, Financial Mail On Sunday Published: 21:50 GMT, 6 March 2021 | Updated: 21:50 GMT, 6 March 2021 A beauty start-up backed by L’Oreal has raised £1.2million to help salons bounce back from lockdown.  About two-thirds of the UK’s … Read more

Stock Exchange boss raises the alarm over ‘frothy’ Spacs

Investors risk getting burned by ‘frothy’ market for so-called Spacs, boss of London Stock Exchange warns By Matt Oliver For The Daily Mail Published: 21:52 GMT, 5 March 2021 | Updated: 21:52 GMT, 5 March 2021 Investors risk getting burned by the ‘frothy’ market for so-called Spacs, the boss of the London Stock Exchange has … Read more

UK’s tax burden is set to hit highest level since 1960s as Rishi Sunak raises billions

Budget 2021 at a glance Here are the main points of Rishi Sunak’s Budget today: Office for Budget Responsibility (OBR) predicts economy will return to pre-Covid levels by the middle of 2022, six months earlier than previously though. OBR forecast economy will grow this year by 4 per cent, by 7.3 per cent in 2022, … Read more

Michael Gudinski’s death raises questions about the future of Mushroom Group

The death of Australian music pioneer Michael Gudinski has raised questions about the future of the Mushroom Group entertainment empire he founded in 1972. Gudinski, who was widely regarded as the ‘father of the Australian music industry’, died in Melbourne this at the age of 68. His cause of death is unknown at this point. Following … Read more