Petrol price of £1 a litre comes one step closer as big four supermarkets cut prices January 5, 2015 The good news for drivers just keeps on rolling. Britain's so-called "big four" supermarkets have announced a 2p cut to the price of petrol, with Tesco's reduction coming into effect immediately. The rest, which include Asda, Morrisons and Sainsbury's, will cut their prices tomorrow. The reductions bring the prospect of £1 per litre petrol tantalisingly [...]
Ed Miliband accuses British businesses of recruiting workers at “slave wages” January 5, 2015 Labour leader Ed Miliband has kicked off his party's election campaign with a major speech in Manchester setting out his party's offer to the British people. Miliband tackled many themes of his leadership, including the cost of living and the NHS. He also didn't make the mistake of forgetting to mention the deficit or immigration [...]
Francois Hollande tells Greece to keep its promises to stay in the Eurozone January 5, 2015 French President Francois Hollande has sent Greece a word of warning today, telling a French radio station: "The Greeks are free to choose their own destiny. But, having said that, there are certain engagements that have been made and all those must be of course respected". Greece is once again facing political turmoil with Europe's [...]
James Dyson savages Theresa May’s “short-sighted” policy on foreign students January 5, 2015 Theresa May is once again under fire for her plans to force foreign students out of the country when they finish their studies. Inventor and business leader James Dyson, writing in the Guardian, has launched a stinging attack on the plans: May’s immigration plans simply force the nimble minds we nurture to return home and fuel [...]
Rangers confirm approach from Phoenix Suns owner Robert Sarver and lands £500,000 loan from Sandy Easdale January 5, 2015 Rangers Football Club have confirmed they have received an offer from American financier Robert Sarver for the controlling stake in the club. Yesterday there were several reports that Sarver, who owns the Phoenix Suns basketball team, had made an offer of £18m. Rangers confirmed reports in the press in a statement this morning: The Company [...]
Transport minister Patrick McLoughlin defends 2.2pc rail fare increase January 2, 2015 The government has defended today's 2.2 per cent increase in rail fares, arguing it's a vital step to maintaining world-class infrastructure. The transport secretary Patrick McLoughlin said the rise was critical for new investment to maintain the network and ensure safety standards. He argued that if people wanted to use trains they would have to [...]
George Osborne takes a swipe at Vince Cable on Twitter January 2, 2015 As we approach the general election expect the rift between the Conservatives and their Lib Dem coalition partners to widen ever further as they prepare to tear each other to shreds over the coming months. Rarely a week goes by without a Lib Dem MP or minister warning the nation of the dire prospect of [...]
Plane blown off Stornoway airport runway on Scotland’s Isle of Lewis January 2, 2015 A plane has been blown off the runway Stornoway airport, according to reports. The airport is located on the Isle of Lewis which is the northern most part of the Outer Hebrides in Scotland. The area is notorious for storms and severe weather. Reports indicate that the plane experienced troubles with its wheels thanks to [...]
Conservatives unveil first poster of 2015 election campaign January 2, 2015 The Conservative Party has wasted no time in making the economy the centrepiece of this year's general election. Today the Conservatives will unveil their first campaign poster of the year which highlights the party's message that the country is on the right economic track and can't risk a change of course. The poster says since [...]
Payday loan price cap comes into force but unintended consequences may already be starting to show January 2, 2015 The Financial Conduct Authority's (FCA) controversial cap on the cost of payday loans comes into effect today. The rate of interest and fees charged on payday loans will now be limited to 0.8 per cent per day. The changes are also meant to ensure that if a borrower defaults they will not need to pay [...]