UK housing crisis: Build to Rent investment to triple by 2020 December 5, 2015 Investment in Build to Rent will triple to £50bn by 2020, helping it swell from two to five per cent of the private rental sector, and providing minor relief to the UK's growing housing crisis. It's pertinent as the number of first time buyers and young homeowners are declining, at a time when private rental stock is [...]
San Bernardino shootings: US treating California attack as an “act of terrorism” December 5, 2015 The FBI is probing the San Bernardino shootings by a couple which killing 14 people wounded and 21 others, as an act of terrorism, with the wife is believed to have pledged her allegiance to the Islamic state in a Facebook post. "Based on the information and the facts as we know them, we are now investigating [...]
UK weather: Storm Desmond threatens to bring floods and strong winds across Scotland, England and Wales as the Met Office issues weather alert December 5, 2015 The Met Office has issued an amber alert as parts of Scotland continue to be hit with heavy rain, flooding and strong winds from Storm Desmond this weekend. Forecasters have warned that up to 200mm (7.8 inches) of rain could hit central and southern Scotland, Tayside and Fife over a 30-hour period. Up to a month’s rain is forecast over the [...]
European central bank boss Mario Draghi says “no limit” to policy tools December 5, 2015 European Central Bank (ECB) boss Mario Draghi has said that there's "no limit" to the arsenal of tools it can deploy to fight stubbornly low inflation and slow growth. Draghi, in prepared remarks to an audience in New York, said: "We will secure the return of inflation to 2 percent without undue delay, because we are currently deploying [...]
Countdown to Christmas 2015: Seven losers of the year featuring Sepp Blatter, Ukip and the England rugby team December 5, 2015 For every glorious sporting triumph, history-making achievement, scientific breakthrough, artistic masterpiece or political triumph achieved in 2015, there has been a fall from grace to go with it. Whether it's an ousted president, collapsed share price or corporate disaster, for this lot, 2016 can't come soon enough. Read more: Beer, burritos and gifs: This was crowdfunding in 2015 [...]
2015 Perseid meteor shower: What is it, where can I see it, when’s the best time and place to view it and what is all the fuss about December 4, 2015 We're smack-bang in the middle of the annual Perseid meteor shower, and everyone from professional astronomers to amateur stargazers is getting excited about them. But what's the fuss all about? This is everything you need to know. When is the best time to view the 2015 Perseid meteor shower? The shower is at its peak [...]
Countdown to Christmas, Syria vote and Star Wars economics: Here’s what got us talking this week December 4, 2015 A ray of sunshine after the gloomiest November in 86 years: this was the week in which the Bank of England declared the end of the financial crisis. Even banks aren’t stressed any more… What got us talking this week 1. Festive fun Only 20 more sleeps until the big day, and don’t we know [...]
US crude and brent oil prices recover losses after Opec holds production December 4, 2015 Oil prices recovered losses this afternoon, as the Organisation of Petroleum Exporting Countries (Opec) decided not to cut production at its key meeting in Vienna. Opec members seemingly failed to agree on an oil production ceiling, after the final statement was published with no mention of a new one, apparently allowing members to continue pumping oil at current rates. [...]
RMT confirms 17 days of DLR strikes in 2016 December 4, 2015 Rail Union RMT announced today that there will be a series of strikes on the Docklands Light Railway (DLR) next year, as part of an ongoing dispute over working practices. The strikes, which will run between January and March, are over a number of issues, including DLR operator Keolis Amey's use of agency staff. Last month, DLR workers went [...]