The Bank of England has cut interest rates to 0.25 per cent and hinted at further cuts in the next few months. Interest rates haven't been cut since the financial crisis took hold in 2009 and now stand at a record low. The Bank also announced the biggest cut to its growth forecasts since it started making them in 1983 on the back of the economic uncertainty caused by Brexit. It has reduced its growth prediction for 2017 from the...
By Charles Hibbert Experienced BBC weather presenter Louise Lear was unable to control a badly timed laughing fit live on air. Attempting to present the six o’clock weather report, Louise clearly found something very amusing and broke down into multiple laughing fits throughout her report. Louise has actually been working with BBC weather since 1998 and has also presented other BBC programmes, so whatever set her off must have been truly hilarious. Unsurprisingly amused viewers took to social media with...
There have been some critics who have said that the Labour leader has massive core support, but few polices, well this afternoon he plans to change that. Today Corbyn is expected to reveal a number of pledges that he hopes will change the face of Britain. A major part of the speech is likely to be the £500bn programme of investment in the UK economy, a huge figure, but it is hoped to reinvigorate the economy, which might be heading...
The entire population of the World could fit into Hertfordshire and a few surrounding counties, according to new geographical data. According to a graphic released in the Independent, if everyone in the world stood together taking a metre squared each it would fit into an area of roughly 7,400km. A map was mocked up for the US and showed that it wouldn't even make a dent in the state of California. As for the UK, it would take up a small...
Another day another piece of bad publicity against Sir Philip Green the former chief of BHS. This time a member of staff at BHS claims the tycoon slapped her down after they had the audacity to stand up to him. Chris Page, 68, explained how she spoke to Green while working on the shop floor back in 2000 The gran of seven said: The gran of seven said: “I was working in the Christmas shop. “I was getting to work...
The state of Texas, US will permit certain students to bring concealed guns to school from this week. A new "campus carry" law went into effect yesterday which allows people 21 and older with a concealed handgun license to carry pistols in classrooms and buildings throughout public colleges, including the University of Texas system. Proponents of the law say it could prevent mass shootings in schools, although critics have pointed out that it will endanger safety on campuses. Texas Governor Greg Abbott,...
More doom and gloom sadly as more business data has emerged post-Brexit. It has been reported that the UK’s manufacturing sector is at its lowest level for over three years. It is more worrying news that the UK economy is grinding to a halt as the fall-out from the EU referendum begins to take its toll. An index, by Markit, of the manufacturing industry, a month by month study, indicated a fall to 48.2 in July down from 52.5 in...
Usually we take these types of theories with a huge pinch of slat, but on this occasions NASA itself has aired concerns about the possibility a massive asteroid could lunge into our planet and cause catastrophic damage. The space agency is going to send a probe to take samples from the asteroid who passes past Earth every six years and gets closer each time. Scientists thinks that the asteroid, named Bennu, will even pass between the moon and our planet...
The National Union of Students has criticised the government's decision to replace grants paid to students from low-income families with loans. Starting today students from families with annual incomes of £25,000 or less will not be able to apply for the £3,387-a-year grant to cover living costs. Instead, they will be forced to apply for a maintenance loan. The NUS has criticised the "disgraceful" move, saying it will mean poor students will be saddled with a lifetime of debt. NUS vice-president Sorana...
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