Paul Krugman on Scottish independence: Going it alone will make Scotland “Spain without the sun” September 9, 2014 With all bets off in the run-up to the referendum, New-Keynesian Paul Krugman has added his opinion to the mix. Krugman wrote in his column for the New York Times: I have a message for the Scots: Be afraid, be very afraid. The risks of going it alone are huge. You may think that [...]
QPR “could be relegated to the Conference” if they avoid Financial Fair Play fine September 9, 2014 Queens Park Rangers (QPR) could be thrown straight into the Football Conference should they refuse to pay a financial fair play (FFP) fine and face relegation from the Premier League this season. QPR are expected to face a hefty fine for breaching the Football League’s FFP restrictions during last season’s Championship campaign. Championship [...]
Pound continues to fall despite Mark Carney’s speech September 9, 2014 After falling almost 1.4 per cent yesterday, the pound continued to slide today despite Mark Carney indicating there would be no interest rate hike this year. Speaking to the Trade Union's congress, Carney said there was still slack in the labour market and that he saw an interest rate rise as coming next spring, rather [...]
Apple share price rallies higher hours before iPhone 6 launch September 9, 2014 Apple’s share price rallied in early trading today, up by more than one per cent at pixel time, ahead of the expected iPhone and iWatch launch event, which starts at 6pm UK time. It’s a more positive day than yesterday when it opened at $99.30 per share, falling throughout the day and closing at $98.36 [...]
Satoshi Nakamoto could be unmasked if this hacker gets 25 Bitcoins September 9, 2014 A hacker is offering to reveal information that could unmask the anonymous founder of Bitcoin, Satoshi Nakamoto. The hacker, whose name is Jeffrey, claims he managed to get hold of the information by taking control of Nakamoto's email address; satoshin@gmx.com. “The fool used a primary gmx under his full name and had aliases set up [...]
Why Richard Branson isn’t afraid to fail: Four Virgin businesses that didn’t work out September 9, 2014 It was only a year ago that Richard Branson was prancing around in a red kilt at the launch of Little Red, his domestic airline for the UK, which was designed to provide competition after British Airways owner International Airline Group acquired BMI. Since its launch, though, Little Red has been dogged by rumours [...]
Europe can cut reliance on Russian gas, report claims September 9, 2014 The European Union can – and should – reduce its reliance on Russia as a source of gas, a new report into climate change has suggested. Think tank Institute for Public Policy Research (IPPR) claims that a 35 per cent cut in the EU's energy usage by 2030 – recommended by the European Commission [...]
Is this the end of Little Printer? Berg announces it’s “wrapping up” September 9, 2014 Little Printer is one of those most products your most design-obsessed friends own: launched in 2012, it sits on their desks spitting out a miniature daily "newspaper" of tweets, headlines, puzzles, analytics – and whatever else they want it to. A bit like those old stock tickers, but with a cute face. At £150, though, its [...]
Where is Ebola worst in West Africa? Liberia to experience surge in cases September 9, 2014 The World Health Organisation (WHO) predicts there will be a huge rise in Ebola cases in Liberia. It said the disease is spreading “exponentially” in the country, and that thousands of people will become infected there over the next three weeks. Conventional methods to control the outbreak were "not having an adequate impact", [...]
In pictures: Supermoon rises over London for the last time in 2014 September 9, 2014 Last night was the last time in 2014's we'll see a "supermoon" – the time when the moon is at the closest point in its orbit to the earth. At 1.38am UK time, the moon was 222,698 miles from earth – that's 30,000 miles closer than usual, making it 30 per cent brighter and 14 [...]