City bosses have seen another huge yearly income rise, which will further anger the general population who are struggling by on stagnant wages. The news also comes as a recent study found that increased pay for businesses bosses does not necessarily improve the companies performance. This recent study, by the High Pay Centre, has revealed that chief execs of FTSE 100 firms saw their average income increase by ten per cent in 2015. Shockingly, median pay rose to almost four...
Three-hundred and twenty routes, 25,000 streets and 20,000 landmarks; that's what you have to master to become a Green badge holder. The Knowledge is a test that is as synonymous to London taxi drivers as the black cabs they drive. Regarded as one of the hardest taxi driver test to pass in the World it has been described as like having an atlas of London implanted into your brain, taking months to pass and years to master. But the traditional test, which was established in 1865...
Obama recently delivered one of the biggest speeches of his life, and one of the most damning criticisms of Donald Trump to date. After eight years of being heckled by "The Donald" and his fellow conspiracy theorists, this one was personal. Around 45 minutes he spelt it out with these bold words: https://www.youtube.com/watch?v=aip0BAWrdLw&feature=youtu.be&t=40m43s "That's why anyone who threatens our values, whether Fascists or Communists or jihadists or homegrown demagogues, will always fail in the end." This powerful sentence puts Trump shoulder to shoulder with Mussolini, Stalin,...
Turkish President Recep Erdoğan has moved to reinstate the death penalty following last month’s failed military coup. Mr Erdogan addressed huge crowds of supporters in Istanbul, saying that he will reinstate the death penalty if the "nation makes such a decision". Capital punishment has been banned in Turkey since 1984 and the reinstatement will seriously jeopardise the country's chances of joining the European Union. But regardless, the Turkish leader, who has detained thousands of military personal and academics since the coup, seems...
With only 16% of British people considering their home’s security, they may as well welcome burglars into their homes as recent survey data suggests that 90% of home robberies go undetected. Between the months of June 2015 and May 2016, there were 397,643 recorded home break-ins according to data on the UK police’s official website. Of these crimes, 277,300 were investigated but no suspect was identified. That’s a staggering number of unresolved cases and can mean that many more homes...
By Charles Hibbert It is well known around the markets and economy that expansions don’t last long, they don’t die of old age, but that doesn’t mean they can’t get still get slightly weary and last a little longer. In the eighth year of the current bull market, recent stocks have risen to an all time high, which makes this the second-longest lasting market in history. However, despite this success, Jonathan Gilonna head of US equity strategy research at Barclays...
By Charles Hibbert Black Lives Matter protests have spread across the UK, blocking roads angering holidaymakers heading to Heathrow. The A45 near Birmingham, along with tramlines in Nottingham have also been brought to a standstill due to the large protests, which is part of a campaign to raise awareness of racism. The protests across the country are causing chaos as hundreds of families are setting off on their family holidays. #BlackLivesMatter protesters block a Heathrow motorway calling for a nationwide...
A cargo plane has landed on the road after overshooting the runway at Bergamo Airport in Italy. The nose of the Boeing 737-400 smashed through a fence and motorway barriers after losing control on landing. The flight, which had come from Paris, lost control while landing at Orio Al Serio airport at around 4am this morning. Cargo plane crashes on to road in Italy - https://t.co/GYDHNc5Ys3 pic.twitter.com/RpuzOaibhg — News24 (@news24tvchannel) August 5, 2016 Pictures have emerged on social media of the crash, with...
A group of prominent economists have submitted an open letter to the Guardian, in which they claim literally handing out cash to British citizens will boost the economy. The academics believe that this is the best method to bring life back into the UK economy, which is in real danger of sliding into another recession. Mark Carney, has just dropped interest rates to a historically low 0.25 per cent, but these economists think that their theory would boost the economy...
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