Government slammed over flood insurance November 26, 2012 HEAVY rain continued to bring misery to swathes of the UK last night – as the government locked horns with the insurance industry over the future of domestic flood cover. A week of poor weather has closed dozens of major roads, while some rail links are out of action and hundreds of homes have been affected. [...]
Help give someone Opportunity December 12, 2012 SANDRA and her family are among the many that were helped by the money raised from the appeal last year. Full Name: Sandra Clara Tomas Gender: Female City, Country: Tete, Mozambique Children: four aged five to 21 Sandra Clara lives in Tete, the north-western province of Mozambique, with her four children aged five to 21. [...]
Osborne revealed small measures to rebuild confidence December 5, 2012 THE background to George Osborne’s Autumn Statement was not encouraging. Growth has been very weak this year, and it comes in the aftermath of 2011’s inflation squeeze on consumers and reflects the ongoing euro crisis. The Office for Budget Responsibility has marked down its growth forecasts significantly. Taking this year together with the next three, [...]
Bank minutes to show appetite for QE as public borrowing is revealed November 18, 2012 MINUTES from the Bank of England’s November monetary policy committee (MPC) meeting will this week give further clues about the appetite for further quantitative easing (QE) and the extent to which the recent rise in inflation has affected the committee’s decision making. The release is due out on Wednesday, along with public sector net borrowing [...]
EU banking union is a vital moment to defend finance November 7, 2012 THE fortunes of UK financial services hang in the balance, as the future of a European banking union is resolved. If we make the right choices now, this could be an opportunity to secure advantages for Britain. By some measures, financial services account for 10 per cent of our GDP and over 10 per cent [...]
EU banking union is a vital moment to defend finance November 7, 2012 THE fortunes of UK financial services hang in the balance, as the future of a European banking union is resolved. If we make the right choices now, this could be an opportunity to secure advantages for Britain. By some measures, financial services account for 10 per cent of our GDP and over 10 per cent [...]
Rapid responses January 8, 2013 Planning inflation [Re: Daft planning rules are pushing up the price of food in shops, yesterday] While it is always good for an article about planning policy to focus on commercial property rather than housing, and while the academics cited may have delivered interesting papers, let’s not use this work to justify more fiddling with [...]
Cineworld sees Picturehouse as just the ticket December 6, 2012 MOVIE THEATRE giant Cineworld yesterday announced a £47.3m deal to buy Picturehouse, Britain’s biggest independent cinema operator. The acquisition will further consolidate the UK’s cinema landscape, giving the country’s three biggest operators – Cineworld, Vue and Odeon – more than two-thirds of the market. Cineworld said it would continue to run Picturehouse as a separate [...]
London housing market stalls as countrywide weakness hits September 30, 2012 HOUSING engine London ground to a halt in September, data from Hometrack revealed today, as house prices across the UK slipped. Average prices in the capital defied the decline seen in almost all other English regions, where they fell by an average of 0.1 per cent, but only managed to stay completely flat between August [...]
Energy row heats up November 14, 2012 FRESH claims that traders fiddled the wholesale gas price surfaced yesterday as the government pledged to ensure the “full force of the law” is used on those found abusing the market. Energy secretary Ed Davey yesterday stressed the coalition’s “absolute determination to clamp down on any abuse that is uncovered, wherever it might be and [...]