Finance News

Peru: 27 Killed In Fire At Drug Rehab Centre

Marc Simpson — Mon, 30 Jan 2012 14:00:33 +0000

A fire that swept through the two floors of a drug rehabilitation centre in a poor part of Peru’s capital has killed 27 people and seriously injured another five.

Afghanistan: Cameron Attacks France On Withdrawal

Marc Simpson — Sun, 29 Jan 2012 14:00:10 +0000

Following the surprise announcement by French President Nicholas Sarkozy on Friday that France would increase the speed of its withdrawal from Afghanistan, leaving the country by the end of next year, instead of 2014 as originally planned, Prime Minister David Cameron has criticised the move.

Politics: Osborne Calls Bank Bonuses ‘Necessary’

Marc Simpson — Sat, 28 Jan 2012 14:00:38 +0000

Chancellor George Osborne has said that although the extremely large bank bonuses are reviled, they are a necessary evil, as long Sir Phillip Hampton and Stephen Hester from the Royal Bank of Scotland would have been much worse for the country.

Politics: Clegg Demands Tax ‘Fairness’

Marc Simpson — Fri, 27 Jan 2012 14:00:25 +0000

The Deputy Prime Minister and leader of the Liberal Democrats, Nick Clegg, called for more ‘fairness for the middle’ in the tax regime yesterday and vowed that the Lib Dems would ‘stick to our guns’ over a mansion tax that would see those with homes worth more than £2m pay more.

Crime: Prisoner Escapes From Custody

Marc Simpson — Thu, 26 Jan 2012 14:00:47 +0000

Police are currently hunting for a “dangerous” criminal who escaped as he arrived at Suffolk Hospital, where two guards accompanying him were threatened by a man with a gun.

Is this the ghost of Princess Diana or an optical illusion?

admin — Wed, 18 Jan 2012 05:35:26 +0000

Video given to paranormal writer Michael Cohen appears to show a ghostly image resembling Princess Diana, but is it just an optical illusion? Report by Mark Morris. Like us on Facebook at www.facebook.com and follow us on Twitter at twitter.com

Crime: Birmingham Murder Family Issues Plea As Reward Is Offered

Marc Simpson — Fri, 13 Jan 2012 14:00:20 +0000

A reward of £10,000 has been offered for information about the double murder that took place in Birmingham Wednesday. Avtar Singh-Kolar, 62, and his Carole, 58, were killed at the Friary Road house in Handsworth Wood where their bodies were found by their son Jason, a police officer.

Company Pensions: Unilever Strikes

admin — Thu, 12 Jan 2012 12:14:17 +0000

In December the multinational goods company experienced a national strike after UK operations stated that they will be moving 5,000 of their 7,000 workers substantial pension scheme towards the middle of 2013. Leaving the outstanding 2,000 already signed up to the new arrangement, which was closed in 2008. Longer hours and increased income Unite, Usdaw [...]

Airline Emissions: US Rejects EU Tax

A. Valesco — Sun, 25 Dec 2011 17:00:33 +0000

The US has rejected new EU plans to issue an emissions tax on airlines, saying such rulings must go through the international aviation body. The statement is an attempt to block European Union plans to charge airlines for carbon emissions created by flights to and from all 27 EU countries from 1 January. Green initiatives [...]

South Korea: Markets Down on Kim Jong-il’s Death

A. Valesco — Sun, 25 Dec 2011 13:00:47 +0000

Both the currency and main stock index for South Korea have dropped after the news that North Korea’s leader Kim Jong-il had died. The Bank of Korea is set to hold an emergency meeting to discuss the death and the possible upheaval in the country that could follow. Succession plans Questions about who will succeed [...]

Economy: Consumer Morale Hits 3-Year Low

A. Valesco — Sat, 24 Dec 2011 17:00:18 +0000

December saw UK consumer morale hit its lowest in almost three years, according to a recent survey from researchers GfK NOP. The researchers found that British households had become more pessimistic about their prospects in the coming year, showing a drop in the consumer confidence index from November’s -33 to -31. Scrooge-ish visions “Optimism has [...]

Sports: Chelsea’s Captain Under Racism Charges

A. Valesco — Sat, 24 Dec 2011 13:00:25 +0000

Chelsea and England captain John Terry is facing allegations of racial abuse of Anton Ferdinand, a defender for Queens Park Rangers. The abuse happened at a Premiere Leage match in October, British authorities have informed the media on Wednesday. Court date The beautiful game is no stranger to racism charges, as Terry’s prosecution announcement comes [...]

Housing Market: Euro Crisis to Push Down Prices

A. Valesco — Fri, 23 Dec 2011 17:00:16 +0000

A recent poll of analysts has found that most experts expect house prices to fall modestly next year on the back of the slumping economy and eurozone uncertainty. However, experts warn that this could modest drop could prove overly optimistic if the eurozone crisis worsen even slightly. Growth prospects This outlook is consistent with the [...]

Climate: Carbon Goals Could Increase Energy Bills

A. Valesco — Fri, 23 Dec 2011 13:00:47 +0000

A government adviser has said that the low-carbon goals for the energy sector in Britain could push energy bills up by 10% by 2020. Experts warn that these cost to homeowners can be cut if they partake in greener energy use themselves, by using heating controls and more efficient lighting. Large applicances, such as washing [...]

Kate And Wills: Duke And Duchess Of Cambridge Centrepoint

Rajan Chagger — Fri, 23 Dec 2011 12:00:11 +0000

Prince William and Kate Middleton have visited the Centrepoint charity for the homeless

John Terry: Boas Supports Captain After Racism Charge

Rajan Chagger — Fri, 23 Dec 2011 09:00:09 +0000

Let’s be honest there is usually no smoke without fire, and this holds true in the alleged case of John Terry racially abusing Anton Ferdinand. However, this has not stopped Chelsea manager Andre-Villas Boas giving full support to his team’s captain, who will be facing charges for racially abusing Rio Ferdinand’s younger brother. Top flight [...]