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Shell to end Alaska offshore Arctic drilling

Digital Desk -
Royal Dutch Shell is to end exploration in offshore Alaska for the foreseeable future. The company said an exploratory well drilled to 6,800 feet found...
BUSINESS

Campaigners condemn George Osbourne’s business pitch to China

Digital Desk -
Anti-HS2 campaigners have attacked George Osborne’s decision to launch the bidding process to build the high speed rail line. They believe it is too early...
BUSINESS

VW cars in Europe ‘also have software built in’

Digital Desk -
The software at the centre of Volkswagen’s emissions scandal in the US was built into its cars in Europe as well, though it is...
BUSINESS

Bank of Spain warns Catalonia that independence would mean euro exit

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Spain’s central bank says Catalonia would be automatically ejected from the European Union and the eurozone if it were to declare independence. Bank governor Luis...
BUSINESS

Young People who are NEET (August 2015)

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By Editorial Team The Office of National Statistics released information on the young people in UK who are not employed in education or in training...
ECONOMY

UN approves resolution on restructuring national debts

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The UN General Assembly has approved a resolution setting out nine principles to restructure national debts, calling on debtors and creditors “to act in...
BUSINESS

Chinese currency stable, bank governor insists

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China’s central bank governor has insisted the yuan is stable, in a bid to dispel fears of more declines following a surprise devaluation that...
BUSINESS

Bank of England governor Carney: Chinese problems unlikely to prevent UK interest rate rise

Digital Desk -
China's economic problems are “unlikely” to derail plans to raise interest rates in the UK, Bank of England Governor Mark Carney has claimed. The Chinese...
BUSINESS

China cuts main interest rate

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China has cut its main interest rate. The reduction, of a quarter of one percent, will take effect from tomorrow and is aimed at boosting...
ECONOMY

What does government spend on Welfare?

Digital Desk -
Welfare Budget Expenditure (Edited by Afolabi Thomas) According to the ONS, in the year 2013-2014 the UK government spent £251 billion on welfare, which made up...
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