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Business

  • Cars and aircraft could be next target for Russian sanctions

    August 19, 2014

    Russia could hit back against Western nations with bans on imported cars if the US and the EU and introduce additional sanctions, Russin newspaper Vedomosti has reported. Russia's involvement in Ukraine has already led to a host of sanctions being imposed, including measures against the energy and finance sector and travel bans for top officials. [...]

  • Pound plummets to four-month low against the dollar on disappointing inflation figure

    August 19, 2014

    Sterling dropped to a four-month low against the dollar in morning trading, after figures by the Office for National Statistics showed UK inflation slid to 1.6 per cent in July.  The pound dipped 0.61 per cent against the dollar to below $1.663, its lowest level since April. Against the euro, it fell 0.32 per cent, [...]

  • Ebola in Europe: Woman being tested at hospital in Berlin

    August 19, 2014

    A woman is being tested for Ebola at a hospital in Berlin after showing early symptoms of the disease.   According to broadcaster rbb, an employee of a job centre in the Pankow district of the city said that her client collapsed and had to be rushed to Virchow hospital by emergency services.   She [...]

  • Greggs share price dips after ‘scum’ logo hack

    August 19, 2014

    Pasty purveyor Greggs came in for a social media battering today after it emerged that someone had messed with the baker's logo.    People Googling to look for the business – which now claims to have more UK outlets than McDonalds – found its strapline suddenly claimed it had been “providing shit to scum for [...]

  • Greggs share price dips after ‘scum’ logo hack

    August 19, 2014

    Pastie purveyor Greggs came in for a social media battering today after it emerged that some wag had messed with the baker's logo.    People Googling to look for the business found it strapline suddenly claimed it had been “providing shit to scum for over 70 years”. Twitter was immediately all over it, with Greggs' [...]

  • Train fare rise 2015: Rail fares will go up by at least 3.5pc

    August 19, 2014

    Rail fares are set to rise by at least 3.5 per cent next year pegged against July's inflation figures announced this morning. The 3.5 per cent increase is capped at one per cent above RPI which fell to 2.5 per cent in July- good news for travellers but bad news for train operators. However, commuters [...]

  • No such thing as a free lunch: Councils forced to make up £26m school meals shortfall

    August 19, 2014

    The government's free school meals policy has come under fire from the Local Government Association (LGA) after new research showed councils were having to divert money from other budgets to make good on the promise.   While the government has made around £150m available for councils to fund the scheme, announced by Nick Clegg at [...]

  • No more bubble? UK house price growth falls to 10.2 per cent

    August 19, 2014

    House price hysteria has calmed slightly with prices rising by a marginally more modest 10.2 per cent in the year to June, compared with 10.4 per cent in May, official figures showed today.   According to the Office for National Statistics' House Price Index, London and the South East continued to drive growth, with prices [...]

  • Ferguson riots: Is it business as usual for local companies?

    August 19, 2014

    The St Louis suburb of Ferguson is now in its 10th day of violence following the police shooting of unarmed black teen Michael Brown, with the US government deploying the national guard and imposing a curfew on residents.  Last night President Obama dispatched attorney general Eric Holder to monitor events and establish whether national guard [...]

  • How your ability to draw as a child could predict your future intelligence

    August 19, 2014

    It's nature, not nurture. How well a four-year-old is able to draw pictures of another child is directly linked to their hereditary intelligence, according to scientists at Kings College London.    By studying 7,752 pairs of identical and non-identical twins, they found that there was a strong correlation between drawing ability and intelligence in later [...]

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