Sterling slumped to a 168-low last night selling at $1.2117 in late US trading. According to a trade-weighted index measuring sterling against a basket of its trading peers, the pound has now slumped to its lowest on record, even stretching beyond the introduction of free-floating exchange rates in the 1970s, according to data compiled by the Bank of England reported in the Financial Times. The pound’s effective exchange rate slipped to lows of 29.27 on Tuesday – weaker than the depths...
This news must panic even the most ardent of “Brexiteers,” as a leaked Treasury document would destroy the UK economy. The fall that has been predicted would damage jobs across the country and send business to the wall. The report was shared with The Times and suggests that GDP might fall to almost ten per cent if the UK leaves the European project and opts to follow World Trade Organisation rules. The paper was published by the ex-Chancellor George Osborne...
A police Land Rover has been spray painted silver by vandals in Hebden Bridge, Yorkshire. The authorities are now appealing for information following the criminal damage incident, which took place sometime between 9.30pm last night and 4.45am this morning on Royd Villas. The vehicle is used to access rural areas in an emergency, and will be out of service while the act of vandalism is rectified. Neighbourhood Inspector John Simpson said: "Some people might find this funny but the extent of the...
In stark contrast to Amber Rudd's proposals to force British businesses to publish lists of foreign workers, companies in Germany will soon be required to publish data on gender pay parity in a move to tackle the gap. After Home Secretary Rudd's plans to name and shame companies who do not hire British staff went up in smoke, a similar bill tackling gender inequality in the work place has been welcomed by firms in Germany. New research shows women are now earning 21 per...
This isn’t something you see everyday, a daredevil skydiver was able to take pictures as he flew over an entire rainbow. As if that wasn’t exciting enough it was also his FIRST skydive, as he drifted over a circular rainbow in the Bay of Islands at the sub-tropical north of New Zealand on Oct 3rd. 29-year-old, Anthony Kileen has been backpacking since 2011 when he left the UK for a journey of a lifetime, and he says the 16,000 daring...
Peckham commuters were treated to a celebrity train conductor when Star Wars actor John Boyega took over the train tannoy. The 24-year-old actor told stories and attempted to make the train “go at lightspeed” when joined his sister Blessing from the control room of the Southeastern service to Orpington on Friday. Unsuspecting passengers sitting onboard the train listened to around 15 “informative announcements” including a joke about how John’s uncle pronounces ‘Penge’. The international star’s video soon went viral on social...
More worrying news has emerged in post-Brexit Britain, with a 147 per cent rise in homophobic attacks in the UK in the three months since the UK voted to leave the EU. There have already been reports of a rise in racist attacks, but the rise in attacks on the LGBT community is an unexpected development. Many people will believe that the EU vote has unleashed a dark side of some people in the UK, and a rejection of liberal...
The six advertising billboards in Piccadilly Circus are set to be replaced with one £30 million giant screen after Land Securities won planning consent to build one huge state-of-the-art interactive screen. Piccadilly Circus is one of the world's most exclusive advertising hoardings, with each of the six screens worth more than £4 million a year. But they could soon be a thing of the past, with planning permission to replace them with one giant ad given the green light. Some of the world's...
A new study has found that huge numbers of teacher across the UK are working a 60, or more, hour week. On average they work a 48.2 hour week, but a significant number work a lot more than that to ensure they are keeping on top of the job. Only teaching staff who work in Japan and in the Canadian province of Alberta work longer hours than their fellow teachers in the UK, out of the 36 countries and regions...
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