Jean-Claude Juncker’s €300bn plan forges path for fiscal union October 27, 2014 A €300m (£236m) investment programme proposed by incoming EU president Jean-Claude Juncker will form the basis of the bloc's fiscal union, a senior EU politician has said. In an interview with EUobserver, Laszlo Andor, the EU's commissioner for employment, social affairs and inclusion, said Juncker's effort to create an investment programme "is an attempt to [...]
Ukip mapped: Nigel Farage is most popular in areas where immigration is lowest October 27, 2014 On Monday, defence secretary Michael Fallon aired what he believed to be some of the public's concerns around immigration. Speaking on Sky News' Murnghan programme, Fallon said some towns on the east coast of England feel they are "under siege" and "swamped" by migrants. That phrasing failed to impress Downing Street, which was quick to [...]
Wind farms: “Unreliable”, “expensive and deeply inefficient”, study claims October 27, 2014 Despite falling costs and improving technology, wind farms continue to be wildly inefficient and overly expensive, according to a new report released today. In the report for the Adam Smith Institute and the Scientific Alliance, author Dr Capell Aris analysed data on the wind speed and direction collected from a total of 22 sites across [...]
HS3 rail line: Cameron and Osborne back plans to cut journey times and create “northern power house” October 26, 2014 Both the Prime Minister and the chancellor will back plans for a high-speed rail line in the North of England dubbed HS3. The route will link Manchester and Leeds and is part of George Osborne's vision to create a "northern powerhouse" to extend economic prosperity beyond London and the South East. HS3 would slash the [...]
Poll: Ukip could win a third of voters in 2015 October 26, 2014 The good times keep on rolling for Nigel Farage's Eurosceptic party, with a new Opinium/Observer poll showing 31 per cent of voters would be willing to back Ukip if they thought they had a decent chance of winning in their constituency. Of those willing to consider ticking the purple box on polling day 25 per [...]
Tory cabinet minister: Coastal towns “under siege” from EU migrants October 26, 2014 Conservative cabinet minister Michael Fallon has said some towns on the east coast of England feel they are "under siege" and "swamped" by migrant workers. The defence secretary was responding to German Chancellor Angela Merkel's rejection of any substantive change to Britain's EU membership to limit the free movement of people. “Germany will not tamper [...]
Uber vs Hailo: Why has the UK taxi app been unable to replicate its US rival’s success? October 24, 2014 Yesterday, the Hailo taxi app had its day in the sun unveiling two new features; Pay Hailo and Hailo Hub. However, the shadow of the company's withdrawal from the US after failing to successfully take on rivals such as Uber and Lyft still looms large. Things looked good for Hailo when it began its US venture three [...]
David Cameron calls for emergency talks after EU demands Britain pay an extra £1.7bn October 24, 2014 David Cameron "won't be paying" the extra €2.1bn (£1.7bn) demanded by the EU, he said today. In a tweet, he said the extra contribution was "an appalling way to behave". Cameron has called for an emergency meeting of EU finance ministers after the UK was told it must pay up the EU by 1 December. [...]
New York City Ebola patient used Uber and the subway before he was admitted to hospital October 24, 2014 New York City doctor Craig Spencer, who has tested positive for Ebola after returning from Guinea, took a ride in an Uber cab and used the subway on Thursday before developing symptoms of the disease. Uber issued a statement on its blog: We reviewed our records and were able to confirm that one of our [...]
TSB share price rises on third-quarter profits jump October 24, 2014 Shares in TSB jumped 3.2 per cent this morning, after it published figures showing profits had soared 28.8 per cent to £33.1m in the three months to 30 September as it picked up nearly one in 10 new current accounts in the UK. Franchise banking net interest margin remained stable at 3.61 per cent, while [...]
