Eighteen European countries have a larger quarterly debt than Greece February 12, 2015 Greece may be the country making headlines for its debt at the moment, but there were eighteen other countries in the EU with a larger debt as a proportion of GDP in 2014's third quarter. Greece's national debt was €70 bn in Q3 2014, according to the latest data released by Eurostat. The quarter's debt stood [...]
London rents increasing six times faster than North England and Wales February 5, 2015 London's private rent prices have risen more than any other region in the UK over the last four years. The private housing rental prices index, published by the Office for National Statistics, reveals just how quickly rent is increasing in the capital compared to other areas of the country. Since January 2011, rent has increased [...]
General Election 2015: The London battlegrounds that could hold the balance of power February 5, 2015 London could hold the balance of power in the upcoming General Election, with the major parties gearing up to target at least 11 of its tightest seats. Five London constituencies feature in Labour’s top 50 target seats – Hendon, Brent Central, Brentford & Isleworth, Croydon Central and Enfield North. The Conservatives are looking to take [...]
Tesco store closures: 74pc of axed branches have an Aldi or Lidl nearby January 29, 2015 Discount supermarkets could be partly responsible for Tesco's plans to close 43 unprofitable stores in the UK – with the vast majority of struggling stores located near a low-price alternative. In a bid to change the fortunes of the struggling supermarket, Tesco's new chief executive Dave Lewis announced the store closures yesterday, saying the decision was [...]
Which supermarket has the cheapest petrol? Supermarkets announce price cuts as oil falls December 12, 2014 Major UK supermarkets have announced cuts in the cost of petrol and diesel in response to the fall in global oil prices. The biggest discounter is Asda, which will cut 2p per litre off the price of both petrol and diesel on 13 December. Sainsbury's was the first to cut prices on 11 December, announcing a cut of [...]
The UK has the most valuable online shopping market in the developed world December 12, 2014 The UK spends more money per head online than any other developed country, with the average Brit spending £2,000 per year on the likes of Amazon, Asos and John Lewis. In the UK, 59 per cent of people said that they had use online shopping at least once a week to buy products, according to [...]
What the drop in oil price means to the UK December 11, 2014 The price of Brent crude oil is at its lowest level in more than four years. It has dropped by around 40 per cent this year, and now sits at $64.44 per barrel – significantly below the $107.95 it reached in June. With Opec – the Organisation of Petroleum Exporting Countries – predicting a surplus [...]
Cancer becomes UK’s deadliest disease as Scotland has highest mortality rate December 11, 2014 Cancer is now the most dangerous disease in the UK, overtaking circulatory diseases as the condition with the highest mortality rate. This is due to a rapid decrease in the mortality rate of people suffering from circulatory diseases, which includes heart disease and strokes. This has fallen by 42 percent over the last 10 years. [...]
Highest proportion of working families since 1996 December 10, 2014 The amount of working families in Britain has risen to record levels in 2014, reaching its highest point since 1996. 87.7 per cent of families were classified as working this year – meaning that at least one person aged over 16 is working in the household. A dramatic increase in the amount of lone parents [...]
Where are the UK’s most powerful companies based? The FTSE 100 is more diverse than you think December 10, 2014 Conspiracy theorists may merrily refer to the "metropolitan elite", but it turns out that when it comes to the FTSE 100, the north-south divide is practically a myth: half of the companies on the index are based outside London, we've found, while others have made their homes all over the world Zoom out to see [...]
