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Britain faces return to Victorian levels of poverty

Britain faces return to Victorian levels of poverty

Labour's strategy for tackling poverty has reached the end of the road and Britain risks a return to Victorian levels of inequality, according to a major two-year study.

With 20 per cent of the population still stuck in poverty, the report calls for sweeping reform of the tax and welfare systems under which higher earners would finance more generous, universal benefits.

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50 oil tankers anchored off British coast waiting for fuel prices to rise

50 oil tankers anchored off British coast waiting for fuel prices to rise

More than 50 oil tankers are anchored off Britain - pieces in a game in which the only winners are m...

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Federal Reserve officials play down impact of weak dollar

Federal Reserve officials play down impact of weak dollar

Federal Reserve officials on Thursday downplayed the consequences of the falling U.S. dollar, unders...

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Société Générale tells clients how to prepare for potential 'global collapse'

Société Générale tells clients how to prepare for potential 'global collapse'

In a report entitled "Worst-case debt scenario", the bank's asset team said state rescue packages ov...

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Economic analysts say American capitalism on verge of collapse

Economic analysts say American capitalism on verge of collapse

The declining state of the US economy has convinced a growing number of American analysts that the U...

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Bankers' unjustifiable contracts may be revoked by the government

Bankers' unjustifiable contracts may be revoked by the government

The new rules, which critics are likely to suggest amount to a State-enforced “incomes policy” for b...

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Barrick shuts hedge book as world gold supply runs out

Barrick shuts hedge book as world gold supply runs out

Global gold production is in terminal decline despite record prices and Herculean efforts by mining ...

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British MEP jailed over £39,000 expenses fiddle

British MEP jailed over £39,000 expenses fiddle

A former British MEP who admitted fiddling £39,000 worth of expenses has been jailed for two years.

T...

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Dutch Barter System Challenges Bankers

Dutch Barter System Challenges Bankers

Anthony Migchels is the initiator of the 'Gelre', the first Regional Currency in the Netherlands.

His...

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Obama's October 2007 promise that bringing US troops home from Afghanistan would be the first thing he would do as president '...you can take that to the bank.'

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Last Updated 18.03.2010 14:20

18. Mar 10
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