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Saturday, December 16, 2017
Russia, Ukraine, and the European Union failed to reach an agreement on gas supply issues during three-party talks in Warsaw on Friday. Kiev vowed to fulfill its gas transit obligations, but did not say when it plans to repay...
Sometimes size DOES matter. China may pass the US and become the world’s most important economy this year, according to the World Bank. It would take the position the US has held since 1872. Previous studies have suggested China could...
America’s war on drugs is failing in Afghanistan, with opium production at record levels, despite spending $7.5 billion to tackle the problem. Over 200 thousand hectares is used to grow opium, an increase of 36 percent, according to a...
(London) A Labour government would cap private sector rent rises and abolish letting fees for tenants, Ed Miliband will promise. The Opposition leader is setting out a package of housing reforms, including legislating to make three-year tenancies the norm. With his...
(London) The UK economy is on the cusp of surpassing its pre-crisis peak after a fifth successive quarter of growth. Official figures showed gross domestic product (GDP) was just 0.6% below its level before the recession in 2008 and is...
The £50 banknote featuring a portrait of Sir John Houblon on the back will no longer be accepted as legal tender after Wednesday (30th April). The Bank of England announced it was withdrawing the note back in January as part...
LONDON (Reuters) - Britain's housing market recovery spread further beyond London this month as prices rose in more parts of England and Wales outside the capital than at any time over the last decade, a survey showed on Monday. Asking...
(London) THE government has blocked the Royal Bank of Scotland, which is part-owned by the taxpayer, from paying its CEO Ross McEwan a bonus worth twice his annual salary. Instead, the bank is giving him an extra "allowance" of...
  (London) A mortgage lending clampdown comes into force tomorrow which will see lenders delve more deeply into people's personal lives, from their plans for parenthood to how they will spend their old age. The industry-wide changes affect home buyers and...
  (London) Barclays was accused of "paying for Manchester United but getting Colchester United" as it faced shareholder anger over rising bonuses and falling profits. Shareholders applauded a succession of speakers criticising its remuneration policy while the head of the bank's...

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