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Eurozone unemployment hits record high of 11.7pc
Recession in the eurozone forced a further 173,000 people out of work during October and pushed the unemployment rate to a record high of 11.7pc. By Matthew Sparkes 2:09PM GMT 30 Nov 2012 Almost 26m...
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Britain saw worse wage drops than rest of EU – study
Published time: March 04, 2013 12:31 Britain has suffered one of its the biggest drops in median pay over the last two years, recent figures have revealed. Out of the EU’s 27 member-states,...
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Majority of British children will soon be growing up in families struggling...
Nigel Morris Wednesday, 13 March 2013 The majority of British children will soon be growing up in families which are struggling “below the breadline” because of welfare cuts, tax rises and wage...
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Cost of living soars four times faster than earnings (UK)
Budget 2013: fears rise as cost of living soars four times faster than earnings By Ian Cowie Your Money Last updated: March 13th, 2013 Budget 2013: inflation and taxation are squeezing spending...
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Osborne says UK will help troops hit by EU raid on British savers in Cyprus
George Osborne: UK will compensate troops and government workers affected by Cyprus bailout levy Savers in Cypriot banks will be forced to hand over up to 10 per cent of their deposits to raise about...
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‘Sweetheart’ deal between HMRC and Goldman Sachs was struck to save...
Tom Peck Thursday, 2 May 2013 A so-called “sweetheart” tax deal between Her Majesty’s Revenue and Customs and the investment bank Goldman Sachs was struck to avoid “major embarrassment” to the...
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London’s ‘beautiful communist bicycles’ attract Chinese students, says Boris...
Mayor Boris Johnson touts London’s 42 universities and says that Chinese students come to the UK to ‘meet the world’ Monday, 14 October, 2013, 6:02pm Jeremy Blum jeremy.blum@scmp.com Mayor of...
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London to become next offshore yuan trading centre after Hong Kong
Tuesday, 15 October, 2013 [Updated: 5:32PM] Reuters in Beijing Britain’s Chancellor of the Exchequer George Osborne (left) shakes hands with Chinese Vice Premier Ma Kai after a signing ceremony in...
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George Osborne: ‘Second-rate Britain’ needs to be more like China
Chancellor dismisses suggestions that China has a ‘sweatshop’ economy and wishes Britain would be more like the communist country Lewis Smith Friday, 18 October 2013 Britain is no longer great, is...
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Britain’s poor ‘will die before they retire’ if pension reforms aren’t...
Stark disparity in healthy life expectancy ‘must be tackled’ for pension age to be raised fairly Charlie Cooper Friday, 6 December 2013 Thousands of Britain’s poorest people “will be dead before they...
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Lord Wolfson warns European Union has become ‘hungry for power’
Chief executive of Next says European Union must change focus to free trade Lord Wolfson is chief executive of Next and a Conservative peer Photo: Stephen Lock By Graham Ruddick 3:26PM GMT 30 Dec 2013...
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‘Labour will bring back 50p income tax for top earners’ says Ed Balls ( U.K.)
- top rate of tax on incomes over £150,000 would be increased from 45p to 50p Shadow Chancellor would shift the burden of the deficit to the rich, raising £10bn in three years Jane Merrick Saturday,...
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Eastern, Southern Ukraine don’t recognize Kiev’s self installed rulers
Monday, 24 February 2014 Political instability settled over Ukraine as the opposition-controlled parliament voted to appoint its newly-elected speaker as acting president, with eastern and southern...
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UK’s 5 wealthiest families worth more than poorest 20 percent
Published time: March 17, 2014 11:22 Reuters / Luke MacGregor The combined fortunes of Britain’s five richest families are worth more than the poorest 20 percent of the population, says an Oxfam...
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