News

By Nathan Lee, TLE Correspondent  Amidst the financial blackmail orchestrated by the European Union, the Central Bank and the IMF (i.e, the German government), there is a new people-led movement under way with a remit of saving the country without bankrupting it at the same time. Greece needs a €1.6 billion bailout, without which the government will default on its debts, a Grexit will be on the cards and all havoc will ensue. As things stand its only option is to turn...

So Sir Howard’s Commission has returned its recommendation. After two and a half years of deliberation, pie-in-the-sky proposals, costly marketing campaigns and self-centred political lobbying we have come to the conclusion that you simply can’t move a hub with deliverable expansion proposals. It is the worst recommendation, except for all the others. The economic benefits for Heathrow expansion are obvious. Generating up to £147 billion for the economy over 60 years and 70,000 new jobs by 2050 it separates the...

By Nathan Lee, TLE Correspondent The 2015 Beer Price Index of cities from across the World has confirmed what many of us already suspected; London is a costly place to grab a pint. The average price of a beer in the capital is now £2.92 (how much!) making it the 13th costliest city in the World to drink beer and the most expensive in the UK by a long shot. As many of us prepare for our summer vacations, the GoEuro...

By Nathan Lee, TLE Correspondent  will.i.am has spoken out about the advertising industry at Cannes Lions awards show, saying despite metrics that prove otherwise, people are simply not paying attention to it. The Black-Eyed Peas founder, singer and entrepreneur joined a panel of media and ad industry leaders this week at Cannes Lions to discuss the future of the creative industries. At the event, hosted by global communications group The&Partnership and The Wall Street Journal, will.i.am urged the advertising industry to...

By Melanie Powell, Senior Lecturer Economics University of Derby, Derby Business School Deflation is the latest worry. Japan has it, Europe has it, but do we? No. Not yet. But we are on the brink with the announcement that the UK inflation rate is zero. Will we catch it? Should we be worried? Surely inflation was the problem and so deflation must be good? It all depends. Most of us have got our heads round inflation – rising prices, and...

By Jamie Viggiano, VP of marketing at TaskRabbit Over the last few years, there has been a surge of app-based services that enable people to share anything from their homes, to their cars to their time. These companies are part of the “Sharing Economy,” which is poised to become a nine billion pound industry by 2025. According to research by PwC, young adults (aged 18 to 24) are now more interested in “experiencing” things versus owning things - in other...

By Dr Stephanie Wilkie, senior lecturer in psychology at the University of Sunderland Ask people what ‘home’ means to them and there is no doubt you’ll get a variety of answers. Some people say it’s the bricks and mortar of their dream house, while others may talk about ‘home’ being where their family and loved ones are. The answer might relate to a particular town or district – perhaps where you were brought up. And there are even people who...

By Joe Mellor, Deputy Editor There were three questions about broadband and mobile phone coverage in rural areas during today’s session, let that sink in for a moment (or while your connection buffers if you’re in the shires). I know it’s important that people in Long Melford can browse the internet/watch pornography at the same speed as us urban dwellers, but surely it’s not the most pressing issue at the moment. Perhaps I’m wrong, although I’m fairly certain the three...

By Nathan Lee, TLE Correspondent  Community members from Runnymede Eco-Village are celebrating a momentous win after their application for leave to appeal to the Court of Appeal, asserting rights under Magna Carta, was adjourned by a High Court judge. In what was described by Pete Phoenix as a "major victory for civil liberties and land rights", bailiffs for luxury property developers at the Runnymede site have been told to stand down after the High Court in London granted them a stay...