Five charts showing why US GDP growth fell so much in the fourth quarter January 30, 2015 Today's US fourth quarter GDP growth figure was a disappointing affair – not only did it come in below expectations of three per cent growth, but at 2.6 per cent, it was almost half the level posted in the third quarter of 2013. What's going on? There are a few explanations. 1. The obvious one [...]
Winston Churchill funeral commemoration in pictures January 30, 2015 The man widely regarded as the UK's greatest Prime Minister was commemorated today by a series of events including a flotilla mirroring the route his funeral procession took 50 years ago. The Havengore – the boat that took the coffin of Winston Churchill down the Thames on January 30, 1965 – this lunchtime retraced its [...]
US GDP growth hits 2.6 per cent in the final quarter of 2014 January 30, 2015 US gross domestic product (GDP) growth rose to 2.6 per cent in the final three months of 2014, down from five per cent in the previous quarter. Although the figure is an estimate, it came in lower than analyst expectations: they had forecast a number closer to three per cent. The US's official statistics authority [...]
Winston Churchill funeral anniversary: Where’s the best place along the Thames to watch the Havengore? January 30, 2015 The boat that carried the coffin of Sir Winston Churchill down the River Thames during the statesman's funeral is recreating the journey as part of commemorations remembering the 50th anniversary of his death. The Havengore is travelling from Tower Pier to Festival Pier today as it did on January 30 back in 1965, culminating in [...]
Fifpro: Players’ union pursues legal action to restore “basic rights” to footballers January 30, 2015 The world football player’s union is pursuing legal action against Fifa transfer regulation that it says is failing to deliver footballers their basic rights. Fifpro said it would pursue “all legal means necessary” to fight “football’s fundamentally flawed player transfer system” which is supported by the European Clubs’ Association (ECA) and the European Professional Football [...]
Rouble plummets against the dollar as Russian central bank makes shock cut to interest rates January 30, 2015 Russia's central bank has made a shock two percentage point cut to its benchmark rates of, lowering it to 15 per cent, which caused the rouble to plummet against the dollar, The currency slumped 1.2 per cent, sending it past the 70 per dollar mark. It's the first time it has slipped past that since December's [...]
Eurozone slips further into deflation January 30, 2015 The Eurozone slipped further into deflation in January, with inflation falling to -0.6 per cent, down from -0.2 per cent in December. The figure is a record low for the bloc, and worse than analysts had feared: they had expected a fall of -0.5 per cent. Of course, the fall was, in part, caused by [...]
Jay Z bids £40m for Swedish music streaming Spotify rival Tidal January 30, 2015 Spotify could be about to become another issue to add to Jay-Z's list of 99 Problems: the US music mogul has bid half a billion krone, about £40m, for Aspiro, the parent company of Swedish streaming platform Tidal. The platform, which launched in the UK in October, focuses on high quality "lossless" music. At the [...]
Cineworld launches the UK’s first 4DX cinema this weekend: Here’s what to expect January 30, 2015 Some UK cinema audiences this weekend won’t just watch a film: they’ll see, smell, sense and feel it. UK chain Cineworld opens its first 4DX cinema, “which stimulates all five senses”, on Friday night for audiences who fancy gusts of air, simulated rain and pungent smells to go with their popcorn and Coke. [...]
test January 30, 2015 Ukip seems set to run its 2015 general election campaign on the back of the UK’s distrust of Europe and concerns about immigration. According to new analysis of 2011 census data by the Office for National statistics, the vast majority of migration is domestic: residents move between areas far more often than they come from [...]