A sporty but dependable combo October 11, 2011 It has been nine years since the Volkswagen Golf Cabriolet was last produced. Have you missed it? Since then the UK car market has flooded with convertibles and coupes with folding tin top roofs, so you’d be forgiven if you’ve not noticed its absence. But in that time the original Mk1 Golf Cabriolet has become [...]
CAR TALK October 11, 2011 RENAULT TWIZY Renault’s electric Twizy compact two-seater goes on sale in March next year. Designed for urban use, the Twizy will cost from £6,690 plus a monthly battery hire cost of £40. Capable of up to 50mph, it has a range of up to 60 miles around town and takes 3.5 hours to charge. VOLKSWAGEN [...]
Three weeks to a new, happy you October 11, 2011 Q. Why is it 21 days to a new you? A. There is substantial scientific evidence that it takes us about three weeks to establish new behaviours or habits. The brain is wonderfully plastic, in that it can learn new information and put down new neural networks in a relatively short space of time. The [...]
BlackBerry server fail hits millions October 10, 2011 MILLIONS of BlackBerry users across Europe, Africa and the Middle East lost access to data services yesterday, in what one industry insider described as one of the biggest outages he has ever seen. Customers across all major networks were unable to access emails, Messenger or internet services from 11am yesterday morning. Email services were restored [...]
Vickers: UK banks to stay October 10, 2011 NO BANK will leave the UK as a result of the Independent Commission on Banking’s (ICB) proposals, its chair Sir John Vickers claimed yesterday. But his fellow ICB members broke ranks to suggest that other measures such as the UK’s balance sheet levy for banks could make lenders reconsider their domicile. During the hearing of four [...]
Anti-Keynesians win the Nobel prize October 10, 2011 THERE are two kinds of non-Keynesian economists these days. The first category includes those such as Thomas J Sargent, a member of the new classical school of economics, who yesterday was awarded the Nobel Prize in economics, jointly with Christopher Sims, a econometrics guru who among other achievements demolished the traditional graphical Keynesian construct taught [...]
WHAT THE OTHER PAPERS SAY THIS MORNING October 10, 2011 FINANCIAL TIMES TOUGH CARE HOME REGULATIONS PROPOSED The government is considering a series of tough regulations for residential care homes following the collapse this year of Southern Cross, the UK’s biggest home operator. The measures, outlined yesterday for consultation, include requiring companies to post capital upfront as a condition of their licence, and giving councils [...]
Cameron backs Liam Fox October 10, 2011 PRIME MINISTER David Cameron said yesterday that Liam Fox made “serious mistakes” in his dealings with Adam Werritty but backed his embattled defence secretary pending a full report into his conduct. Cameron’s comments came after an interim report on Fox’s ties with Werritty – a close friend who has no official post within the government [...]
US stocks rally on Eurozone’s rescue pledge October 10, 2011 US STOCKS soared yesterday as investors bet on a pledge by Germany and France to unveil new measures to solve the European debt crisis by the end of the month. Following weeks of intense swings in the stock markets, the Dow Jones industrial average closed up by 330.06 points, or 2.97 per cent, to end [...]
Bailout frenzy for Euro Banks October 10, 2011 EUROZONE leaders scrambled to bail out another two banks yesterday after unveiling a €4bn (£3.5bn) rescue of Dexia, the bankrupt Belgian lender. The EU was also forced to postpone a summit scheduled for next Monday in order to give politicians more time to “allow [us] to finalise our comprehensive strategy” to bail out banks, Brussels [...]
