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Eurozone unemployment hits record high of 11.7pc

Recession in the eurozone forced a further 173,000 people out of work during October and pushed the unemployment rate to a record high of 11.7pc. By Matthew Sparkes 2:09PM GMT 30 Nov 2012 Almost 26m...

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Britain saw worse wage drops than rest of EU – study

      Published time: March 04, 2013 12:31   Britain has suffered one of its the biggest drops in median pay over the last two years, recent figures have revealed. Out of the EU’s 27 member-states,...

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Majority of British children will soon be growing up in families struggling...

  Nigel Morris Wednesday, 13 March 2013 The majority of British children will soon be growing up in families which are struggling “below the breadline” because of welfare cuts, tax rises and wage...

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Cost of living soars four times faster than earnings (UK)

Budget 2013: fears rise as cost of living soars four times faster than earnings By Ian Cowie Your Money Last updated:  March 13th, 2013   Budget 2013: inflation and taxation are squeezing spending...

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Osborne says UK will help troops hit by EU raid on British savers in Cyprus

George Osborne: UK will compensate troops and government workers affected by Cyprus bailout levy Savers in Cypriot banks will be forced to hand over up to 10 per cent of their deposits to raise about...

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‘Sweetheart’ deal between HMRC and Goldman Sachs was struck to save...

  Tom Peck Thursday, 2 May 2013 A so-called “sweetheart” tax deal between Her Majesty’s Revenue and Customs and the investment bank Goldman Sachs was struck to avoid “major embarrassment” to the...

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London’s ‘beautiful communist bicycles’ attract Chinese students, says Boris...

Mayor Boris Johnson touts London’s 42 universities and says that Chinese students come to the UK to ‘meet the world’     Monday, 14 October, 2013, 6:02pm Jeremy Blum jeremy.blum@scmp.com Mayor of...

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London to become next offshore yuan trading centre after Hong Kong

    Tuesday, 15 October, 2013 [Updated: 5:32PM] Reuters in Beijing Britain’s Chancellor of the Exchequer George Osborne (left) shakes hands with Chinese Vice Premier Ma Kai after a signing ceremony in...

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George Osborne: ‘Second-rate Britain’ needs to be more like China

Chancellor dismisses suggestions that China has a ‘sweatshop’ economy and wishes Britain would be more like the communist country Lewis Smith Friday, 18 October 2013 Britain is no longer great, is...

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