UK firms and consumers upbeat on the economy July 31, 2015 The UK’S economic growth prospects got a boost today as more British businesses said they are seeing output grow, while consumers are more confident on their finances. More firms registered output growth in three months to July, according to a survey of firms published by the Confederation of British Industry (CBI). The percentage of firms that [...]
Corbyn picks up another union endorsement July 31, 2015 FAR-LEFT Labour leadership candidate Jeremy Corbyn has picked up yet another endorsement from a trade union, cementing his spot as the front-runner in the race to replace Ed Miliband. The Communication Workers Union (CWU) said yesterday that the anti-austerity candidate Corbyn was the “antidote” to the “virus within the Labour Party”, adding that its members [...]
Top gear drives onto Amazon prime July 31, 2015 FORMER Top Gear presenters Jeremy Clarkson, Richard Hammond and James May have found a new home at Amazon after being ditched by the BBC. The trio will create a motoring show, set to debut later this year, on Amazon’s Prime Video streaming service.
US mulls oil price war with Middle East: Senate debates lifting ban on exports July 31, 2015 Senators in the US have raised the prospect of an oil price war with the Middle East. The Senate held a crucial meeting on whether the decades-old ban on exporting crude oil should be lifted, with chair of the Senate committee on energy and natural resources, Lisa Murkowski, arguing the US should “compete against our [...]
Nigel Farage returns to the spotlight with rallying cry for Eurosceptics July 31, 2015 UKIP leader Nigel Farage called on fellow Eurosceptics to “get cracking” yesterday as a major new poll from Survation showed 45 per cent of Britons saying that they planned to vote to stay in the European Union, compared to 37 per cent who said they would vote to leave. “There is no doubt at all [...]
Strong US GDP figures set the stage for a Fed interest rate hike July 31, 2015 New figures out yesterday showed that US economic growth accelerated in the second quarter, fuelling expectations that the Federal Reserve will hike interest rates later this year. GDP expanded at a 2.3 per cent annual rate, with strong consumer spending offsetting weak business spending. Economists had expected a 2.6 per cent rise in GDP, but Millan [...]
The great oil reset: Shell to axe 6,500 jobs as black gold price set to stay low July 31, 2015 Oil giant Shell revealed yesterday that it will axe 6,500 jobs this year, as new figures highlight the extent of cost-cutting throughout the industry. Shell slashed capital expenditure to around $30bn (£20bn) for 2015, a reduction of $3bn since the group’s last update in April. With extremely low oil prices taking their [...]
Jimmy injury fear deflates victory surge July 31, 2015 FEARS that seamer James Anderson could miss the remainder of the series soured an otherwise assertive bowling display which left England on the brink of victory in the third Investec Ashes Test at Edgbaston yesterday. Fellow fast bowler Steven Finn continued his international renaissance with the fifth five-wicket haul of his Test career to leave [...]
No evidence of Farah misdeeds, says UK Athletics July 31, 2015 DOUBLE Olympic champion Mo Farah has been cleared of wrongdoing by a UK Athletics (UKA) investigation into allegations of doping made against his American coach Alberto Salazar. UKA said it had not been presented with any evidence of misconduct by Farah, nor any material that aroused suspicion over Salazar’s conduct at the Nike Oregon Project. [...]
Europa League: Injuries and suspensions mount for Bilic in West Ham Europa surrender July 31, 2015 WEST HAM UNITED 2 ASTRA GIURGIU 2 WEST Ham manager Slaven Bilic admitted there were worrying repercussions from his side’s two-goal Europa League surrender last night other than a European campaign which now hangs in the balance. Goals from strike duo Enner Valencia and Mauro Zarate put the Hammers in cruise control before a James [...]
