North to get HS3 in bid to boost business links October 27, 2014 David Cameron and George Osborne will today throw their weight behind a third high-speed rail network, HS3, to connect northern cities and towns and grow the HS2 project into a bigger transport shake-up for the UK. Under new plans, which are in their early stages, the HS3 link would make it quicker to travel between [...]
Defence secretary in climb down following anti-migration gaffe October 27, 2014 DEFENCE secretary Michael Fallon has been forced to admit he should have chosen his words more carefully, after claiming that British towns are “swamped” with immigrants during a television interview. Speaking on Sky’s Murnaghan programme yesterday, Fallon said: “In some areas, particularly on the east coast, yes, towns do feel under siege from large numbers [...]
Ten tenants chasing every rental property in London as costs rise October 27, 2014 RENTING in London is notoriously fraught, but now new figures back up the tales of woe, as experts claim there are 10 tenants chasing every rental property in the capital. And while competition for properties is on the up, prices are rising too, with rent up nine per cent year on the year compared with [...]
EU budget 2014: David Cameron’s new Euro nightmare as €2bn bill adds fuel to Ukip fire October 23, 2014 David Cameron was dealt a crushing blow in his battle to win reform in Europe last night, after the UK was told to stump up an extra €2bn (£1.57bn) by 1 December to shore up the EU budget. The Prime Minister will be forced to pay the hefty sum because of the relative prosperity of [...]
Kelly Tolhurst to fight Rochester for the Tories October 23, 2014 LOCAL businesswoman Kelly Tolhurst will fight Ukip to hold on to the Rochester and Strood seat for the Conservatives in the upcoming by-election, it was announced last night. The result follows a postal primary vote, which allows local people to select the candidate they want to fight the seat. However turnout for the vote was [...]
Amazon shares tank after hours following huge $437m losses October 23, 2014 SHARES in online giant Amazon fell sharply last night after the retailer announced a $437m loss in the third quarter, much higher than the $41m loss it reported for the same period a year before. Ten per cent was wiped off the company share price in after-hours trading, following the shock results. The online superstore [...]
Spirit rejects strong takeover bid from Magners maker C&C Group October 23, 2014 SPIRIT Pub Company has rejected a takeover bid from Magners maker C&C Group, it emerged last night. It will instead move forward in a deal with rival Greene King. Spirit said in a statement that it had “reviewed the proposal and rejected it”. C&C had made an attractive offer for the company yesterday despite currently [...]
Cameron urges EU Ebola action October 22, 2014 DAVID Cameron will put pressure on European leaders to do more to fight the spread of the deadly Ebola virus at a meeting of EU member states in Brussels today. The Prime Minister is said to be frustrated that member states had not pledged more cash to fight the spread of the disease, which originated [...]
Diane Abbott: Labour’s mansion tax on £3m properties will not save the NHS October 21, 2014 Labour MP Diane Abbott has urged shadow chancellor Ed Balls to rethink his so-called mansion tax policy, warning that the “tax on London” will fail to raise enough to support the NHS as promised. “I am worried about how much this policy will actually raise and I am worried about it as a sustainable funding [...]
Full steam ahead at Eurostar as passengers and revenue rise October 21, 2014 Eurostar has announced that both its passenger numbers and sales revenue for the year are up, the 10th consecutive year this has been the case. The rail provider is also adding new routes. 2.8m people used the high-speed service in summer 2014 compared to 2.7m the year before. Sales revenue increased from £207m to £211m, [...]
