Liberal Democrat MP Tessa Munt preparing to resign from government job over fracking January 26, 2015 A junior member of the coalition is preparing to resign from the government, if fracking proposals go ahead unchanged this evening. Lib Dem MP Tessa Munt is a parliamentary private secretary to business secretary Vince Cable. The unpaid role is the first rung on the ministerial ladder and bound by the principle of collective [...]
David Cameron unveils tax cut pledge January 26, 2015 Is this the beginning of the end of Austerity Britain? The Prime Minister has unveiled plans to cut taxes for the lowest earners, saying there is an "economic, moral and practical" case for lowering taxes. At a speech in Eastleigh, David Cameron unveiled plans to raise the annual personal allowance to £12,500, saying "I think [...]
Athens stock market plummets plummet on Greek Syriza election win January 26, 2015 Stocks in Athens opened lower this morning, as the results of the Greek election began to sink in for investors. The Athens Stock Exchange fell 3.2 per cent, while other European markets largely shrugged off the result. The FTSE 100 was down 0.31 per cent in early trading, while Germany's Dax edged up 0.35 per [...]
Sonos’ awesome new optical illusion branding pulses as you scroll January 23, 2015 Upmarket soundsystem manufacturer Sonos may have just blown our minds with mesmerising new optical illusion branding: As you scroll up and down, the logo appears to pulsate, making it looks like it has soundwaves coming out of either side of it. Designer Bruce Mau Design said that, having helped the company launch its original brand [...]
Euro suffers biggest one-day fall in three years January 23, 2015 The euro suffered its biggest fall since 2012 today, following the decision by the European Central Bank to launch a €60bn-a-year government bond-buying programme. The currency sank 2.1 per cent, falling to $1.11. It also dropped 1.35 per cent against the pound, to £0.75. However, equities markets cheered the move, with the FTSE 100 rising [...]
Video: French President François Hollande at Davos January 23, 2015 In the wake of the three days of terrorist attacks in Paris, President François Hollande's approval rating has risen – but his next challenge will be to keep France's economic growth – currently predicted by the European Commission to stop at an anaemic 0.7 per cent in 2015 – on track in the face of [...]
WATCH LIVE: George Osborne at Davos January 23, 2015 David Cameron might not have made it to Davos this year, but chancellor George Osborne has made it – and following yesterday's decision by the European Central Bank to instigate a quantitative easing programme, he'll have plenty to talk about. What is the UK's position in the new Europe? And how much of a threat [...]
Fry hard: It turns out McDonald’s fries have more than three times as many ingredients in the US than the UK January 23, 2015 McDonald's has released the recipe to its fries – and it turns out UK chip-lovers are getting a vastly different item to their US counterparts. For the UK's version of the McDonald's fry – 337 calories for a medium-sized box – diners are treated to a heady mix of potatoes, two kinds of vegetable oil, [...]
Travel chaos at London Waterloo, Paddington and Charing Cross stations January 23, 2015 There was travel chaos during rush hour this morning, as two of London's biggest stations were evacuated and one was hit by delays and cancellations after signalling problems. Waterloo station was reopened following an evacuation after a member of London Underground accidentally set off an alarm. The alarm sounded at 9.01am, according to the British [...]
Video: General Motors chief executive Mary Barra at Davos 2015 on new technologies in the car industry January 23, 2015 General Motors chief executive Mary Barra is one of the few women in a top job in the motoring industry. But 2014 wasn't an easy time to be in the sector: although sales recovered in the US, the number of car recalls was at a record high. But with increasing demand for fuel efficiency and [...]