Proper running and regulation will ensure fracking public health risk remains low October 31, 2013 A new report into the public health risks associated with fracking has found that the chances of exposure to shale gas emissions are low if operations are run and regulated properly. Public Health England (PHE) says that risks identified in other countries are "typically due to operational failure." PHE's Dr John Harrison, says "good on-site [...]
London and Yorkshire lead the way in private sector employment growth October 31, 2013 Private sector employment in the capital was up 1.7 percentage points in the second quarter of this year (April – June) – taking it to 61.3 per cent. This underpinned an increase for the Greater South East of 1.4 percentage points, to 62.2 per cent. The private sector employment indicator for England was at its [...]
Chancellor considers taxing foreign home owners in bid to curb bubble October 31, 2013 The UK is considering imposing new taxes on foreign property owners in a move to check what many see as an emerging housing bubble in London and the South East, reports Sky News' economics editor, Ed Conway. Chancellor George Osborne is investigating the possibility of enforcing capital gains tax on foreign owners of British properties [...]
French PM calls for solidarity on 75 per cent tax before showdown with football bosses October 31, 2013 The French prime minister is standing firm on the socialist government's policy of a 75 per cent tax on those earning over €1m (£856,000), as bosses from France's leading football clubs prepare to meet President Francois Hollande to argue against the tax. The tax is designed so that companies will be liable to pay 75 [...]
Greek retail sales fall again in August October 31, 2013 Greek retail sales fell 7.8 per cent year-on-year in August after falling 13.9 per cent in July (revised up from -14.0 per cent).
Inflation falls in the Eurozone as CPI misses expectations October 31, 2013 Inflation has fallen in the Eurozone as a flash estimate for the consumer price index missed expectations in October (year-on-year), rising just 0.7 per cent, after predictions of 1.1 per cent and September's increase of 1.1 per cent.
Eurozone unemployment climbs to new high of 12.2 per cent in September October 31, 2013 Eurozone unemployment has risen to 12.2 per cent in September, while last month's figure of 12 per cent has also been revised up to the same level. Economists had expected unemployment to stay flat at the unrevised 12 per cent level. Unemployment in the European Union as a whole stood at 11 per cent in [...]
City sees a 56 fold increase in population during the working day October 31, 2013 Five local authorities across the UK see their populations soar by more than 100,000 during a workday, but the real explosion is seen in the City of London. During the day, the gains from usually resident to workday populations see a 56 fold increase in the City, according to 2011 Census data. The second greatest [...]
BT sees profits down but strong demand for new BT Sport October 31, 2013 BT has announced this morning that it saw a 13 per cent fall in half year pretax profits to £948m. But the telecoms company's second quarter trading (to 30 September) was ahead of forecasts. (Release) It also saw a two per cent decline in adjusted earnings to £2.7bn in the quarter, but BT Sport, which [...]
Italian unemployment climbs to new high in September October 31, 2013 Italian unemployment has seen another rise, climbing to a new high of 12.5 per cent in September, according to statisticians at Istat. Analysts had expected to see unemployment of just 12.2 per cent, but instead we've seen a leap up from 12.4 per cent prior (revised from 12.2 per cent). Istat now estimate that 22.3m [...]