New airline laws will stop possible terrorists leaving the UK to join Islamic State March 8, 2015 Airline laws aimed at stopping would-be terrorists from leaving the UK will go before parliament next week. The new legislation, devised by home secretary Theresa May, would target flights carrying passengers to Iraq and Syria, where Islamic State and other radical groups are based. According to The Sunday Times, airlines would be required to [...]
The Eurozone’s quantitative easing programme is about to start – here’s what you need to know March 8, 2015 Tomorrow is the launch of the Eurozone's long-awaited quantitative easing programme, as the European Central Bank (ECB) starts buying back €1trn (£720bn) worth of bonds from the bloc's member states. The scheme, which aims to boost Europe's economy, was finalised on Thursday, with ECB President Mario Draghi citing the success of similar programmes launched by [...]
The Germans want an EU army, but Britain is against it March 8, 2015 Jean-Claude Junker has called for the creation of an EU army, saying it would help the bloc be taken more seriously across the world. The President of the European Commission believes it will deter threats from Russia, which have escalated since the start of the Ukraine crisis. "With its own army, Europe could react [...]
Muslims are disproportionately likely to become company directors March 5, 2015 Muslims account for just 3.1 per cent of the UK's population, but the proportion occupying the top spots at companies exceeds this. Al Rayan Bank, formerly known as the Islamic Bank of Britain, conducted the first ever survey into the prevalence and influence of Muslims in British businesses, and found that seven per cent of [...]
Abbvie just bought one of the best pharmaceutical investments ever: Pharmacyclics’ Imbuvrica was worth just $6.6m a decade before the $21bn deal March 5, 2015 In 2006, a small US pharmaceutical company called Pharmacyclics bought a little-known cancer drug for just $6.6m (£4.3m). That same cancer drug, Imbruvica, turned out to be a better investment than anyone could ever have imagined – this morning Pharmacylics was taken over by AbbVie for $21bn, after the US pharma giant fought against rivals [...]
Exclusive: Sick leave at the Department of Environment, Food and Rural Affairs cost the government almost £1m last year March 4, 2015 Sick leave at the Department of Environment, Food and Rural Affairs (Defra) cost the government an estimated £942,000 in 2014. The figure, uncovered by City A.M. through a freedom of information request, is based on the number of sickness-related absences across the department over the course of the year, multiplied by average employee salary. [...]
More Londoners will be affected by EU bonus cap under new rules March 4, 2015 More people working in the UK's financial services sector will have their bonuses capped, under new draft guidelines released today by the European Banking Authority (EBA). Last year, the financial watchdog put into force a limit on bonuses among bankers across the EU's 28 member states, stipulating that they could be no greater than twice [...]
We always sniff each other after a handshake, even if we don’t realise we’re doing it March 4, 2015 Our noses are excellent guides when it comes to discerning what other people are all about – their hormones, their fear levels, whether they are suitable mates. And what better way to get a strong whiff of someone than after a handshake? During skin contact, we rub numerous chemicals on to each other's skin, leaving [...]
It’s in the genes – you’re more like your father than your mother March 3, 2015 Even if you look and behave more like your mum, inherently you're more like your dad. Research from the University of North Carolina has revealed that all mammals, humans included, have more in common genetically with their fathers than their mothers. This is because although we inherit equal amounts of genetic material from each [...]
Iran nuclear programme: Here’s why the US and Israel clash so much over a deal March 3, 2015 Both the US and Israel want to curb Iran's nuclear programme and prevent it from having the resources to build a nuclear weapon, but the two countries have clashed over what Iran should have to agree to. While the US wants it to freeze its nuclear programme for a decade, Israel does not believe this [...]