Greek crisis: Ryanair boss Michael O’Leary says Greek government is “a bunch of lunatics” and the nation should “get out and work” to pay off debts July 9, 2015 Outspoken Ryanair boss Michael O'Leary – famous for winding up his own passengers on a regular basis – has turned his own brand of “say it as it is” comments on the Greek crisis, describing the government as “a bunch of lunatics”. O'Leary – whose business operates flights to and from cities such as [...]
Greek crisis: Greek unemployment remains above 25pc as debt crisis escalates July 9, 2015 Unemployment in Greece remains over 25 per cent, as new figures show the country’s debt crisis continues takes its toll on its citizens. Figures published by Greece’s National Statistics Service this morning show unemployment at 25.6 per cent in April, down slightly from 25.8 per cent the month before. Young people are particularly affected by [...]
Britons aren’t as suspicious of the UK banking sector as they’re made out to be – in fact, customers are happier here than in the rest of the world July 9, 2015 After yesterday's Budget bonanza, here's some more good news for the UK's financial services sector: a new study has shown British customers aren't as suspicious of the financial services sector as they're made out to be. In fact, confidence among consumers in the sector is higher here than in the rest of the world. The [...]
July Budget 2015: From the pensions expert to the PwC economist, reactions to the chancellor’s statement July 9, 2015 THE BUSINESS GROUP Confederation of British Industry director general John Cridland Firms will welcome measures to boost investment but will be worried about paying living wage. “This is a double edged Budget for business. Firms will welcome measures to balance the books and boost investment, but they will be concerned by legislating for wage increases [...]
July Budget 2015: George Osborne cuts benefits and the family tax credit July 8, 2015 Chancellor of the exchequer George Osborne announced major cuts to welfare spending yesterday, using the summer Budget to set out how he planned to save the Treasury a further £12bn in the next three years. The chancellor said that his Budget was designed to take Britain "from a low wage, high tax, high welfare [...]
July Budget 2015: From a new living wage to cutting the bank levy, the key policies that will affect UK businesses July 8, 2015 Today was Britain's first Conservative-only Budget in almost 20 years, and in it chancellor George Osborne revealed a series of policy changes that will affect UK companies Here are the key announcements he made in the business-friendly budget, and what they mean for the UK's companies. Cut to corporation tax The amount of corporation [...]
BBC launches pocket-sized kids computer July 7, 2015 THE BBC has partnered with major firms like Barclays and ARM to release the Micro:bit. The pocket- sized computer will be given free to 11 and 12 year-olds to encourage creativity in computing from a young age, and build skills.
Brewer toasts strong first half ahead of the Rugby World Cup July 7, 2015 BRITISH pub chain Young & Co’s Brewery toasted a strong start to the year at its annual general meeting yesterday. Chairman Nick Bryan reported that trading in the current year “has started well, with managed house sales for the first 13 weeks up 8.3 per cent in total and up 5.6 per cent on a [...]
7/7 London bombings 10th anniversary: Timeline of the day that changed the capital July 7, 2015 It’s been 10 years since London was rocked by a series of bombs that brought the capital’s Tube network and roads to a standstill. On that day confusion reigned: at first it was reported that there had been a power surge. At one point as many as six explosions were thought to have gone [...]
7/7 London bombing survivor Gill Hicks: 10 years has gone in the blink of an eye but I’ll never go back on the Tube July 7, 2015 Gill Hicks hasn't been on the Tube for 10 years to the day. By the time you're reading this, it could be to the minute. Because Hicks was one of hundreds of people for whom, at 8:50am on 7 July 2005, life changed forever. On that morning she didn't take her usual route to [...]