Lower birth rates could help stimulate the economy, says report October 10, 2014 The declining birth rates in most developing countries across the world are giving rise to an ageing population. There are concerns that this could cause an economic slowdown as healthcare costs and retirement costs rise, leading many governments to encourage higher birth rates to maintain the workforce and tax base needed to fund pensions, [...]
Customer growth continues for Telecom Plus October 10, 2014 Telecom plus has reported continued growth for the half year to 30 September, with performance in line with expectations for the year. In a trading statement released today, the British utility supplier said its customer and service numbers were up by 13 and 14 per cent, respectively. Second quarter growth followed on from [...]
Ukip wins Clacton by-election and comes close at Heywood and Middleton October 10, 2014 Douglas Carswell has become the first elected MP for the UK Independence Party (Ukip) after winning the Clacton by-election. But in a more surprising result, the party also narrowly missed first place in Heywood and Middleton. Carswell defected to Ukip from the Conservatives in August this year, and yesterday became the Ukip's first elected MP when [...]
World Bank calls for $20bn fund to tackle Ebola spread October 9, 2014 Jim Kim, President of the World Bank, has called for the introduction of a global fund worth $20bn (£12bn) to help tackle the Ebola epidemic currently gripping West Africa. Yesterday, the United Nations' loan provider predicted that Ebola could cost the global economy as much as $33bn over the next two years if it [...]
Will I get a tax rebate or do I have to pay more back? HMRC statement error affects thousands October 9, 2014 HM Revenue and Customs (HMRC) is sending out second tax statements to thousands of people, asking them to pay back their tax rebates because of initial miscalculations. Earlier this year, millions of people received notifications that they had paid the wrong about in tax for the year ending in April. Reasons given by [...]
Blood moon eclipse 2014: What is a blood moon? Last night’s total eclipse was part of a lunar tetrad October 9, 2014 Yesterday, the moon turned a reddish-orange colour as the Earth passed in front of it and blocked rays of sunlight from giving it its usual silver glow. While this “blood moon” phenomenon was not visible from the UK or anywhere else in Europe, it brightened up American, Asian and Australian skies for a few hours. [...]
Where has Ebola spread to? Australia latest country to test possible victim October 9, 2014 A woman is being tested for Ebola at a hospital in Queensland, Australia, according to health officials. The 57-year-old went to hospital after developing a fever – one of the symptoms of the disease. She had recently returned from a trip to Sierra Leone. The results are expected to be known within the [...]
Cost of Ebola outbreak could go over $32.6bn, says World Bank Group October 9, 2014 If the Ebola epidemic currently gripping West Africa is not brought under control soon, the cost to the global economy could amount to more than $32.6bn by the end of next year, according to the World Bank Group. The outbreak began in Guinea in February and has since spread to Sierra Leone, Liberia, Nigeria [...]
Rolls-Royce share price up following engine deal with Norwegian October 9, 2014 Shares in Rolls-Royce went up by 1.8 per cent to £9.61 in trading this morning, after Norwegian selected it to provide engines for nine more of its leased Boeing 787-9 Dreamliner aircraft. Rolls Royce Trent 1000 engines are known for their high fuel efficiency, low emissions and low noise. They are already used to [...]
N Brown share price falls on lower sales and revenue October 9, 2014 Shares in N Brown Group went down by 5.2 per cent to £3.30 in trading this morning, after the fashion retailer reported a fall in sales and revenue for the half year ending 30 August. In its interim statement for the second quarter, it said total revenue for the group went down by 0.6 [...]