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Business

  • Scottish independence: Better Together should emphasise increased social welfare powers, parliamentary group says

    September 10, 2014

    The Better Together campaign should focus on the greater powers it would give Scotland over social welfare  as part of its 11th-hour devo max offer, a new report has said.    Although the All Party Parliamentary Taxation Group – or APPTG for short – recognised that the Westminster leaders have not given specifics on what [...]

  • Scottish independence: How a Yes vote would “markedly lower” GDP growth

    September 10, 2014

    With the polls tightening and the possibility of a break-up of the United Kingdom looking ever more credible, politicians and investors are weighing up the possible consequences of a Yes vote. Axa Investment Managers has released a research note examining the economic aftermath for the remaining part of the UK in the event of a [...]

  • France to miss budget deficit target

    September 10, 2014

    France has admitted that it is not going to make its budget deficit target until 2017.  The target set by the EU is for all nations to reign in their budget deficit (the amount the government has to borrow annually) to three per cent of GDP Now Michel Sapin, the French finance minister, has indicated that 2017 [...]

  • G20: Shortage of jobs is hindering economic recovery

    September 10, 2014

    Not enough jobs are being created in the G20 economies, and this is hindering prospects for economic growth according to a report by the OECD, ILO and World Bank Group.   The G20 consists of the world's 20 biggest economies, which together account for an estimated 85 per cent of global GDP and 80 per [...]

  • Oil, childcare and mortgages: Last hurrah for Scottish independence campaigns as leaders go head to head on Mumsnet

    September 10, 2014

    The two faces of the Scottish independence campaigns got their final chance to go head-to-head today – on women's networking site Mumsnet. While Alex Salmond and Alistair Darling kept references to "Darling Son" and "Darling Daughter" to a minimum, they did broach topics including the impact separation would have on mortgages and childcare.  There was [...]

  • Scottish independence: Now even the English and Welsh think Yes camp will win

    September 10, 2014

    English and Welsh people believe Scots will vote for independence a new report shows, as the Better Together campaign flounders in the final week before the polls open.  There has been a massive swing from those who thought independence was unlikely before the weekend – 48 per cent of respondents to the YouGov poll as [...]

  • Manchester United chairman Ed Woodward hails potential of US market

    September 10, 2014

    Manchester United executive vice chairman Ed Woodward believes the club are in a strong position to capitalise on the growing popularity of football in the US. During their pre-season tour of the country this summer, United set a new national attendance record for a sporting event, attracting 109,310 to their friendly against Real Madrid at [...]

  • Scottish independence: Oil giant BP backs the Union

    September 10, 2014

    BP has become the latest FTSE 100 company to nail its colours to the mast and argue for a No vote in Scotland's independence referendum on September 18. BP's declaration comes shortly after Sir Ian Wood, the former chief executive of Wood Group, warned voters they were being misled by wildly inaccurate forecasts about Scotland's [...]

  • Want to buy a holiday home this year? Getting the best exchange rate could add thousands to your budget

    September 10, 2014

    If you are thinking of buying overseas chances are it's an escape to the sun that's on your mind. According to research from Moneycorp and Savills, France and Spain are the favourite countries for Brits to own a second home, together accounting for just under 50% of all second homes sampled in the survey. If [...]

  • Bad education? 14pc of English adults are now less educated than their parents

    September 10, 2014

    Fourteen per cent of English adults aged 25-64 are less educated than their parents, according to a new study. The report explored educational mobility – or the likelihood people of a given generation achieve a higher level of education than their parents. The figures, by the OECD, showed educational mobility had slowed in the developed world, including [...]

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