Economy
Chancellor defends VAT incre...
With VAT increasing from 17.5% to 20% on the 4th of January, Chancellor of the Exchequer GeorgeOsborne has defended the move as “the least damaging” option. Labour MPs have expressed oppos...
New European financial regul...
The newly-formed European Systemic Risk Board will meet for the first time on the 20th of January,with the aim of preventing a recurrence of the financial mistakes that have shaken the globaleconomy i...
Food prices hit record high...
Global food prices in December reached the highest levels ever recorded, according to new figures from the UN’s Food and Agriculture Organization (FAO). The FAO’s Food Price Index –...
Panic On The Streets of Lond...
The fear of rising interest rates have left many homeowners panicking and subsequently looking to remortgage, the Bank of England has claimed. Bank of England stats showed a 42% jump in the number of...