Another day, another Brexit horror story, this time the OECD (The Organisation for Economic Cooperation and Development) has cut the UK’s growth target in half, by a whole percentage point. These forecasts have been reduced due to the impact of Brexit and a wider weakness in the broader global outlook. The report states: “While markets have since stabilised, sterling has depreciated by around 10% in trade-weighted terms since the referendum. For 2016, GDP growth has been supported by a strong performance...
Perhaps it is just personal jealousy on my behalf, but the pay levels at the BBC appear to be much higher than the rest of the industry. Having never worked at the Beeb, I can only dream of the bumper pay packets they receive compared to their commercial rivals. The leaked report by PwC has confirmed the disparity between the state funded broadcaster and the rest of the news market. The document indicates that BBC staff are paid up to...
The UN has decided to halt all aid convoys in Syria due to an airstrike that hit a group of vehicles attempting to give much needed supplies to people trapped in Aleppo. The attack, on Monday, has left the UN with no choice but to stop aid convoys incase of attack, it is simply too dangerous for them to continue to operate. A fragile ceasefire, brokered by the US and Russia in Syria, has since collapsed due to Syrian bombing...
Pension crisis leads many to consider other investment options for retirement. With markets struggling and the pound in crisis, take control of your pension fund and invest it in ways that will promise better returns for the future. Annuities have been struggling for some time, but over recent weeks they have taken another hit, with some government gilts now offering a negative return. This followed a failure by the Bank of England to meet its target of buying £1.17bn of...
The Ministry of Defence has admitted the British air force was involved in the military action which killed over 60 Syrian troops in a case of mistaken identity. The soldiers were in fact fighting against IS, but tragically this information was shared to prevent the unnecessary loss of life. The attack was thought to have been carried out by US, Danish and Australian forces, however a Tweet from the MOD (Ministry of Defence) has admitted the attack involved the British...
The fire service got a record number of call-outs to obese people last year, rising from just over 700 in 2012 to 944 in 2015-16. Firefighters are being called to move obese people from buildings because they are too large to move independently. According to a spokesman for the National Obesity Forum, the problem is worsening because obese people are getting larger. Tam Fry told the BBC: “This is not about more people being obese. “This is about those who are already obese...
Former underdog Jeremy Corbyn is on course to beat challenger Owen Smith and will most likely be re-elected leader of the Labour Party next week. But then what? From purges to merges, deselections to elections, here are ten things to keep an eye on: 1. Reselections It used to be the case that before every election, Labour MPs would have to sit down and persuade their local parties to let them keep their seats. This process was called mandatory reselection, and it was abandoned in 1990. Local...
The Burkini row in France is still rumbling on, now a Muslim woman from Australia has spoken out, after she claims she was forced to remove the beachwear while in France. The woman was wearing the Burkini to show solidity with fellow Muslim women who had been forced to remove their chosen swimwear, while on certain beaches in France. Images emerged of one women being forced to remove her burkini by four policemen carrying guns. The woman in question, a...
Some 2,500 life jackets used by refugees have been laid outside Parliament today to represent those who died on their way to Europe. According to new figures the World is on course to register the highest number of migrant deaths this year, with pressure mounting on governments to do something about it. Forecasts from analysts at the International Organisation for Migration (IOM) indicate that the number of fatalities among refugees will pass the landmark figure of 10,000 in 2016. This...
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