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The Queen has stripped Sir Fred Goodwin, the former chief executive of Royal Bank of Scotland, of his knighthood after being advised by the Forfeiture Committee. He was awarded the honour by the previous Labour government in 2004 for ...
On Tuesday, the International Monetary Fund (IMF), alongside the World Bank, warned that global economic growth is due to be substantially weaker than thought. This comes even though better economic data and market conditions have been reported, indicating improved ...
The Consumer Prices Index (CPI) inflation rate hit 5.2% in the UK, reaching a record high in September from a 4.5% rate of inflation the month before. This has been largely blamed on a rise in energy costs during ...
Chancellor George Osborne has been urged by economists to scrap the 50% top tax rate as soon as he can in order to boost growth. A letter written by economists said that Britain will only enjoy long-term sustainable growth ...
With Russian firm Orbital Technologies revealing plans for the first Commercial Space Stations, aka space hotel, it only seems right that restaurants are opened in space as well. However, Domino's pizza is looking to take its food a little ...
The National Trust has been accused of willingly misrepresenting the proposed law changes by the Coalition Government through its campaign opposed to policy reforms. Planning Minister Greg Clark says claims that parts of the Green Belt will be threatened ...
George Osborne has been on holiday in California, but this has come to an abrupt end. The chancellor has cut his break short so that he can be home to address MPs on Thursday (tomorrow) about the sate of ...
British Gas has been slapped with a fine of £2.5 million from energy regulator Ofgem. This is in response to the company's poor handling of customer complaints and failing to let customers know they can appeal to the energy ...
Both Rupert Murdoch and his son, James, have pleaded ignorance in the phone hacking scandal at News of the World, the UK tabloid under their US-based News Corporation umbrella. On Tuesday, Rupert, the chairman and chief executive of the ...
News Corporation, the US media group that owns News of the World, has withdrawn its bid for the remaining shares of British Sky Broadcasting Group (BSkyB), for which it already owns 39%. The media firm is headed by media ...
