How people in relationships spend almost £2,500 a year than their single friends June 5, 2015 They say it's better to have loved and lost than never to have loved at all – but it turns out that actually, if you're a perpetual singleton, your wallet will thank you. A new study from insurance comparison site Confused.com has found that those in relationships shell out an average of £2,340 a year. [...]
European markets tumble on Greek IMF payment delay June 5, 2015 European markets reacted badly to the news that Greece has been given the go-ahead to bundle a €300m (£220m) payment due to the International Monetary Fund (IMF) today into one large payment at the end of the month. Read more: Can only fiscal integration secure the Eurozone's future? The FTSE 100 was down 0.43 per cent [...]
Leaked Greece proposals show Tsipras wants primary budget surplus target to be slashed to below one per cent June 4, 2015 A 47-page document put together by Greek Prime Minister Alexis Tsipras shows his government has requested that its primary budget surplus target should be cut to 0.6 per cent this year – a fraction of the three per cent figure currently put forward by the country's lenders. A table in the document, published by Greek [...]
IMF slashes US growth forecast June 4, 2015 The International Monetary Fund (IMF) has slashed its forecast for US growth in 2015 to 2.5 per cent, from its previous estimate of 3.1 per cent. Its forecast for growth in 2016 was cut to three per cent, from 3.1 per cent. The news comes after the US delivered its worst quarter in a year, [...]
Royal Mail share price drops as government announces plans to sell off its remaining stake June 4, 2015 Shares in the Royal Mail fell more than three per cent to 510p in early afternoon trading, after the chancellor said the government will begin selling off its remaining stake in Royal Mail this year. Read more: Royal Mail revenues rise by a measly one per cent During a debate over the contents of the [...]
Tunneling for Crossrail has finally finished – Boris Johnson and David Cameron were there for the big break through June 4, 2015 After three years of literally earth-moving work, tunneling for London's largest ever infrastructure project has finally finished – with a ceremony for the final "break through" under Farringdon station. David Cameron and Boris Johnson were there for the break through on the railway, which will run east to west through London when it opens in [...]
Who works in the Shard? From Tiffany’s to the Shangri-La, here’s a storey-by-storey breakdown of every business, hotel and restaurant in London’s tallest building June 4, 2015 Ever walked past the Shard and wondered what's going on inside that glassy exterior? Well, wonder no more – we've broken down every business, restaurant and hotel (not to mention those viewing desk) to show you the composition of western Europe's tallest building. Soaring 1,016ft into the sky, and at a cost of £1.5bn to [...]
Australia abandons search for lost Malaysia Airlines flight MH370 June 4, 2015 Australia's Joint Agency Coordination Centre (JACC) said today that in the absence of any fresh leads, it will abandon the underwater search for lost Malaysia Airlines flight MH370. The search operation, in the southern Indian Ocean, was expanded from 60,000 to 120,000 square kilometres of the ocean floor in April, but has yet to yield [...]
European markets fall on Greece jitters ahead of IMF payment deadline June 4, 2015 European markets opened lower this morning after last-minute talks between European Commission President Jean-Claude Juncker, Eurogroup President Jeroen Dijsselbloem and Greek Prime Minister Alexis Tsipras failed to reach a conclusion ahead of a crucial deadline on Friday. The FTSE 100 was down 0.84 per cent in early morning trading, while Germany's Dax fell 0.68 per [...]
Sheryl Sandberg’s full, moving Facebook tribute to her husband Dave June 4, 2015 It's been a month since Surveymonkey chief executive Dave Sandberg died from a head injury while using a hotel gym in Mexico. Last night his wife Sheryl, the chief operating officer of Facebook, posted a moving tribute to him on the social network. "I know I will never feel pure joy again," she wrote. "There [...]
