Millennials are drowning in pessimism: Tech firms have a responsibility to act October 16, 2014 UK UNEMPLOYMENT hit its lowest level for almost six years in the three months to the end of August, dropping to just 6 per cent. This clearly brings some cause for optimism. But this positive sign of the health of the UK economy masks a more pressing concern. Despite some recent falls, the jobless rate [...]
Labour plans to double number of first-time buyers October 16, 2014 The Labour party will set out plans to give first-time buyers top priority by handing more powers to local communities in England for new house building. The party will pledge to double the number of first-time buyers over the next 10 years should it be returned to office. Furthermore, Labour wants 200,0000 homes a year [...]
BlackRock boss Larry Fink hails fund amid Pimco turmoil October 15, 2014 BlackRock boss Larry Fink moved to exploit upheaval at rival Pimco yesterday by lauding his group’s own bond offering, as its fixed-income assets ballooned by $11bn. Fink, who helped invent mortgage backed securities as a young banker with First Boston in the 1980s, said BlackRock differed from its rivals by not having a chief investment [...]
Ricoh move will see Wasps keep stars, insists Dai October 15, 2014 FORWARD-THINKING Wasps boss Dai Young is confident the club’s controversial move to Coventry’s Ricoh Arena will keep stars such as England lock Joe Launchbury away from the clutches of more successful rivals. The traditionally London-based outfit have confirmed the first match at their new home, which is situated 82 miles north of their current High [...]
How high is teen pregnancy in the UK? Rates drop by a quarter, but we’re still in the EU’s top five October 15, 2014 The number of British teenagers giving birth has dropped by a quarter – but the UK is still well above the European Union average. During 2012, the UK birth rate for 15 to 19 year-olds was 19.7 out of 1,000, compared with the EU's average rate of 12.6. But the UK's rate has [...]
How to make Blanchette’s perfect beef fillet October 15, 2014 Tom Storrar, head chef at Soho's Blanchette, on his beef fillet with courgettes, sarladaise potatoes and green peppercorn sauce I’ve been at Blanchette since the restaurant opened late last year. The beef in this recipe is a new dish on the menu; a restaurant version of steak and chips. I chose it because many [...]
Africa isn’t a country: Don’t judge this thriving continent by the Ebola crisis October 14, 2014 REPORTS of people cancelling safari holidays in Kenya and South Africa due to fears of Ebola (over 3,000 miles away in Guinea, Liberia and Sierra Leone) are the latest manifestation of the devastating impact on African economies wrought by the perception of Africa as one homogenous place. Nowhere else in the world would 54 countries, [...]
YBA Gavin Turk: From blue plaques to bin bags October 14, 2014 Gavin Turk was born in Guildford in 1967. The Royal College of Art refused to award his MA when all he exhibited for his final show was a single blue plaque reading “Gavin Turk worked here, 1989-1991.” This did nothing to stop a meteoric rise culminating in his work being exhibited alongside other Young British [...]
Fitness expert Raymond Verheijen blasts “stupid” Roy Hodgson over Raheem Sterling fatigue October 14, 2014 Roy Hodgson has made himself look “so stupid” with recent comments over players’ recovery time, said leading football fitness coach Raymond Verheijen. In the wake of Raheem Sterling’s request to be rested for England, Hodgson questioned Liverpool manager Brendan Rodgers’ claim that players needed a two-day recovery period between matches. Hodgson said: “I [...]
Budget deficit reduction efforts hit by low wage growth this year October 13, 2014 Income tax revenue is falling below expectations this year due to sluggish wage growth, the Office for Budget Responsibility (OBR) said yesterday, warning it will hit efforts to close the budget deficit. The economy is expanding strongly and creating jobs at a record pace, which should be good for the government’s finances. Unemployment stands at [...]