Energy price decline dampens Eurozone inflation as ECB boss Vitor Constancio hints at greater stimulus September 16, 2015 A steep drop in energy prices held down prices in the Eurozone in August, according to figures released by Eurostat this morning. Energy prices fell 7.2 per cent in July, dampening overall annual inflation to 0.1 per cent in August, down from 0.2 per cent in July. The biggest price fall was in Cyprus [...]
Crossrail 2: Hundreds of thousands of homes, jobs will be created by major new project – and here is the team behind it September 16, 2015 The first Crossrail is still more than two years away from completion, but the government is already planning for Crossrail 2, which it claims could "unlock up to 200,000 new homes and support 200,000 jobs across London and the South East". The government has just unveiled the team that is being charged with ensuring [...]
The UK will soon run out of diesel and become reliant on foreign markets, warns RAC Foundation September 16, 2015 The UK will soon be unable to produce enough diesel to satisfy domestic demand, according to the RAC Foundation, putting it at risk of becoming completely dependant on foreign markets. In its latest report, the motoring research group said the number of diesel-run cars in Britain had increased from 1.6m in 1994 to 11m [...]
UK inflation falls back to zero in August September 16, 2015 The UK slipped back into the land of "noflation" last month, amid falling petrol prices and a smaller seasonal increase in clothing prices than last year, according to data released today by the Office for National Statistics. Britain's consumer price index fell to zero in the year to August, from 0.1 per cent a month earlier, [...]
EU migrant crisis: Refugees turn to Croatia as Hungary closes borders September 16, 2015 Refugees fleeing Syria and other countries are turning to Croatia for safety after Hungary started closing its borders yesterday. Police and aid workers have been deployed to Croatia's border with Serbia, where refugees are now being transported to as it became increasingly difficult for them to take the route into Hungary through which thousands of [...]
EU migrant crisis: Royal Navy ship HMS Richmond to tackle people smugglers risking refugees’ lives off the coast of Libya September 16, 2015 In what is another attempt to head off the escalating migrant crisis facing the European Union, the Royal Navy is being dispatched to tackle people smugglers around the coast of Libya. HMS Richmond is being sent to international waters around the country to try and stop criminal gangs from ferrying refugees across the Mediterranean Sea. [...]
EU migrant crisis: Schengen Agreement in tatters as Hungary declares state of emergency over refugee crisis September 16, 2015 Update: Hungary has said it will deploy a razor wire fence along its border with Romania, just hours after putting the same measure into place along its Serbian border. Minister of foreign affairs and trade Péter Szijjártó said this afternoon that the government was planning "preparatory work" for the fence, newswires are reporting. The country [...]
New “shopping tax” will cost taxpayers £1.5bn over a decade, says the TaxPayers’ Alliance September 16, 2015 The government’s plan to introduce a mandatory charge for plastic bags will cost taxpayers £1.5bn over a decade, according to new research from the TaxPayers’ Alliance. The plan, which comes into effect next month, means all large retailers will have to add a 5p fee to shopping bills. Read more: Why EU plastic bag rules [...]
“Tinder for food” startup Foodmood wants to revolutionise Londoners’ lunch breaks September 16, 2015 Whether you’re scoffing down the week’s third meal deal by your desk or just unable to find a decent lunch restaurant nearby, office lunches have a tendency to be, well, mindnumbingly dull. There must be a better way. A new London startup reckons there is. Launching itself as a “Tinder for food”, Foodmood’s app promises [...]
Meet the Leisure Learners: those who pick galleries over the pub September 16, 2015 If you've ever endured friends shouting garbled German greetings into their smartphones, or observed your colleagues bashing out HTML tags during their lunch hour, then you’ve witnessed the skills revolution in action. Thanks to new apps and web-based training portals such as Duolingo and Codecademy, it has never been easier to access cheap or [...]