Chancellor George Osborne: Links with the European Union should be based on free trade July 29, 2015 As negotiations between the UK and European Union around terms of the UK's membership continue, George Osborne has said the relationship should be based around free trade. Read more: Osborne says France and UK can strike deal The economic benefits are key to EU membership, and should therefore be at the heart of renegotiation, the chancellor [...]
British Airways flight BA274 from Las Vegas to London diverted to Montreal after reports of a bomb threat July 29, 2015 British Airways flight BA274 from Las Vegas, America to London, UK has landed in Montreal, Canada, after reports of a bomb threat. The plane was carrying over 300 people and police are now on site: Police cars lined up on the tarmac beside #BA274. Photo courtesy of @illmaticp pic.twitter.com/mWO3RPokBM — Kelly Greig (@KellyGreig) July 29, [...]
Chair of the Federal Reserve Janet Yellen says rates will rise this year if economy remains on track causing dollar to jump July 29, 2015 The Federal Reserve has reiterated that it is on course to raise interest rates in 2015, as Chair of the Federal Reserve described the US economy’s prospects as “favourable”. Hiring has pushed the country towards maximum employment, while factors that have been holding back inflation were likely to diminish, Yellen indicated in a prepared statement [...]
Obese people who refuse treatment could have their benefits cut July 29, 2015 Overweight people who refuse to lose weight may have their benefits cut, as David Cameron launches a review of whether those with drug, alcohol or obesity problems should be deprived of welfare unless they accept treatment. The review, led by Dame Carol Black, chairman of the Nuffield Trust and adviser to the Department of Health, [...]
US Presidential Election 2016: Donald Trump is the leading Republican candidate in the polls July 29, 2015 Another day, another way for Donald Trump to say something that alienates himself. This has characterised much of his short Republican nomination campaign. Just last week, alluding to a prominent Republican's time as a Vietnamese POW, he mocked Senator John McCain – the guy who won the Republican nomination and ran against President Obama in [...]
Prime Minister David Cameron says the UK government will do everything it can to combat migrant crisis in Calais July 29, 2015 After 1,500 migrants tried to reach the UK via the Channel Tunnel, David Cameron has warned he is “very concerned” by the growing Calais crisis. Speaking as the UK confirmed an extra £7m in funding for new fencing at the Channel Tunnel in France, Cameron said he felt sympathy for British holidaymakers and that the [...]
Shawbrook profits soar, almost doubling to £34.8m July 28, 2015 Shawbrook has reported a 94 per cent rise in underlying pre-tax profit after its recent IPO and amid ongoing concerns of a bank surcharge. The figures Shawbrook, the challenger bank founded in 2011 to fill the gap left by high street lenders when they tightened restrictions on lending to small firms, has performed strongly in [...]
Andy Burnham: The Labour party lacks the courage to win back voters July 28, 2015 The frontrunner in the Labour leadership contest, Andy Burnham, will try to turn Labour infighting to his advantage by warning that the party has become “frightened of its own shadow” and would lack the courage to create the NHS today. In a speech today, he will seek to address the surprise surge in popularity of [...]
ITV audience numbers fall to lowest in 15 years while profits climb July 28, 2015 ITV audience numbers may have fallen to lowest in 15 years, but the broadcaster is continuing to grow revenues from advertising as well as its production arm ITV Studios. The broadcasters share price was trading 2.6 per cent up in mid morning trading after the announcement. The figures The broadcaster posted a pre-tax profit of [...]
BP profits tumble 50 per cent on lower oil prices and Deepwater Horizon charge July 28, 2015 BP shares are trading 1.19 per cent up in mid morning trading after it reported a 50 per cent drop in underlying profits during the second quarter of 2015, as lower oil prices and the Gulf of Mexico disaster continues to weigh on the company. The figure hit $1.31bn, undershooting analysts’ expectations of $1.6bn. Read more: One [...]
