Rail fares increase by 1.1 per cent in England, Scotland and Wales January 2, 2016 A 1.1 per cent rail fare increase has come into effect across England, Scotland and Wales, according to the Rail Delivery Group (RDG). The increase is the smallest hike since 2010 and will only apply to unregulated fares, such as off-peak leisure tickets. Increases in regulated fares, including season tickets, is capped at one percent, July's retail price [...]
London’s New Year’s Day parade 2016 kicks off: Thousands line the streets and Canadian illusionist Darcy Oake to perform January 1, 2016 Thousands of spectators lined the streets of London today, to watch performers take part in the capital city's 30th annual New Year's Day parade. More than 8,500 performers representing 20 different countries processed the route from Green Park to Parliament Square. They're expected to be joined by crowds of around 50,000 people, and the event is being televised in the [...]
BCC: Britain risks plunging into “new economic storm” if politicians are complacent January 1, 2016 One of the UK's leading business groups today said clouds are gathering on the horizon, and they risk pushing Britain into "a new economic storm", as it warned politicians do not have room for complacency. In the BCC's new year's message, chief economist John Longworth said businesses and consumers will be left exposed when the Bank of England starts [...]
Government unveils more funding for businesses hit by Storm Eva and Storm Desmond January 1, 2016 The government today made more funding available for businesses hurt by storms which wrought havoc in parts of the UK over the festive period. The Department for Business, Innovation and Skills (BIS) announced a £6m package to help he estimated 2,500 firms on either side of the Pennines left flooded by the Boxing Day deluge in the wake [...]
Prime Minister David Cameron hails “great turnaround decade” in new year’s message January 1, 2016 Prime Minister David Cameron yesterday promised to deliver social reforms, including a clampdown on terrorism, in what he described as a "great turnaround decade". Cameron said the government will build on Britain's economic growth to give people "security at every stage" of their lives spanning education, employment and retirement. He stressed the sole driver of his efforts [...]
From a record 7,089 points to Black Monday: The FTSE 100 highs and lows of 2015 December 31, 2015 Britain’s blue chip index posted a five per cent loss for 2015, and 12 per cent lower than an all time high hit in April. The basic resource heavy index has been rocked by the commodities rout as well as concerns over a slowdown in China. In short, it's been a bumpy ride for investors. So [...]
The biggest gaffes of 2015: Boris Johnson Vs child, Jeremy Clarkson’s clanger, fat fingers and s*** trains. December 31, 2015 The business boo boos, fantastic fubars and ghastly gaffes that made us groan and giggle this year were in some cases a little more serious than merely misplaced word or comment. And don't even get us started on VW's emissions cheating. Here are the gaffes that stuck with us in 2015. 1. Security snafus There was [...]
Rochdale MP Simon Danczuk suspended from the Labour party over “inappropriate behavior” December 31, 2015 Labour MP Simon Danczuk has been suspended by the party amid allegations that he sent a 17-year-old girl explicit text messages. The Sun claims the 49-year-old politician "bombarded" the girl with "sleazy" texts. Danczuk, who split up with his wife earlier this year, later tweeted that the story was “not entirely accurate” and referred to “an extremely [...]
Train fare increases 2016: Here’s how much your Tube, train and bus, Oyster and Travelcards are going up by in January December 31, 2015 Good news, commuters. The new year is going to usher in one of the lowest increases in Tube, train and bus fares in recent years. Travelcard season tickets will increase by less than one per cent, while pay as you go single bus fares will be frozen at £1.50. Those living in Stratford "and a number of [...]