Greece deal to cut primary budget surplus target as Tsipras and Juncker have crunch talks June 4, 2015 As Greek Prime Minister Alexis Tsipras and European Commission chief Jean-Claude Junker prepare for last-minute crisis talks, European leaders have finally caved on one of the most crucial sticking points in crisis talks, after it was reported Tsipras, Angela Merkel and Francois Hollande had reached an agreement on cutting targets for Greece's primary budget surplus [...]
Morrisons stays in the FTSE 100 as Aggreko drops out and Inmarsat is promoted June 3, 2015 Troubled supermarket Morrisons held on to its listing in the FTSE 100, while power outsourcer Aggreko was given the boot as part of the index's quarterly reshuffle. Satellite maker Inmarsat will replace the company, which in recent months has been hit by the strength of the pound. Meanwhile, a trio of challenger banks, including Aldermore, [...]
These Pocket flats in Camden may be tiny – but they’re also 20 per cent cheaper than the local area June 3, 2015 For many Londoners, the idea of buying a place in Camden is about as realistic as buying Kensington Palace – but that's about to change, after the launch of a set of pint-sized homes in the borough. Developer Pocket has just put its Oak Grove scheme on sale. At just over 400 sq ft, the [...]
Nasa prepares to test its Low Density Supersonic Decelerator (aka “flying saucer”) June 3, 2015 Remember Nasa's "flying saucer" (aka "Low Density Supersonic Decelerator", aka "LDSD"), which could land us all on Mars? After months of development, the US space agency is finally getting ready to try it out. The LDSD was developed to "investigate and test" technologies for landing future robotic and human Mars missions and safely returning large loads [...]
With debt of £221,000 per household, Generation Y will be the first generation to experience a lower quality of life than its parents June 3, 2015 The UK is a nation of secret debt addicts, and Generation Y (those born after 1980) is going to be left to pick up the tab, a study by the Centre for Policy Studies (CPS) warned today – meaning it will be the first generation to be worse off than its parents. The think tank [...]
Taking “all inclusive” seriously: Argentinians steal the most from hotels – while polite UK travellers come 16th June 2, 2015 We’ve all nabbed the odd shampoo from the en suite in our hotel rooms – but it turns out Argentina is a nation which takes the words “all inclusive” very seriously. According to a new survey, 73 per cent of Argentinians have admitted to stealing from their hotel rooms when they’re on holiday. Singapore is [...]
Fifa presidency betting odds: Prince Ali Bin Al-Hussein favourite to replace Sepp Blatter June 2, 2015 After Sepp Blatter sensationally resigned from football's governing body this afternoon, one question remains: who will replace him? Read more: Here's everything you need to know about Prince Ali Bin Al-Hussein Not surprisingly, Paddy Power has Prince Ali Bin Al-Hussein, the only credible challenger to Blatter in the recent election, at 7/4, as one of [...]
Sepp Blatter resigns as president of Fifa June 2, 2015 Fifa boss Sepp Blatter resigned from his presidency of the organisation, after weeks of accusations in the run-up and following his re-election as president. Read more: Blatter's Fifa reign is four times longer than the average FTSE boss In a last-minute press conference called this afternoon, Blatter said the organisation "needs a profound restructuring", and [...]
Now American Apparel has taken out a restraining order against Dov Charney June 2, 2015 It's a special case when the company you founded takes out a restraining order against you – but then again, American Apparel's relationship with founder and former boss Dov Charney is a special case. The company confirmed in a regulatory filing today that it had been granted a restraining order against Charney, who was dramatically [...]
Dijsselbloem: Greece deal is not theoretically possible this week June 2, 2015 Dutch finance minister Jeroen Dijsselbloem has poured cold water on optimism over a deal on Greece, saying it's "not theoretically possible this week". Read more: Greek crisis complacency has big risks Greece must be "honest with voters", he added. Earlier, Greek Prime Minister Alexis Tsipras sent the euro to a three-week high , saying he [...]
