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Oil price spiral may be slowed but not stopped by G7 emergency move
Releasing 300 million barrels of oil will not address all issues. As powerful as the G7 is, China, India, and South Korea remain the key customers for physical supply of Gulf oil and gas. As such, gas tankers from the US that had been bound for Europe are now doing Atlantic U-turns and heading for…
North Tyneside Warm Welcome hubs an important helping hand
People struggling with high heating bills and other cost-of-living pressures are being encouraged to use a series of “Warm Welcome” spaces this winter. More than 20 places across North Tyneside, including community hubs, libraries and churches, are taking part in the scheme, which also sees free food and drink offered alongside a range of activities….
The one measure that can tell us a lot about the state of the UK economy
Faisal IslamEconomics editor Reuters Shoppers on Oxford Street during the Boxing Day sales A new year, a new beginning. The latest monthly figures on the economy hardly confirm a change of gear, but nor do they back up the worst doom-mongers claiming decline and recession. It is neither doom nor boom, but a new year…
Decline in adoption rates at Devon animal rescue group
An animal rescue centre said less people have been adopting its dogs due to animals’ behavioural issues. Gables Cats and Dogs Home in Plymouth said some dogs in its care were “difficult” and had certain requirements, making it harder to find their forever homes. General manager Claire Sparkes said a lot of the rescue dogs…
Leon to close stores and cut jobs in restructure
Leon has announced it will close several of its restaurants and cut jobs as part of a major restructure of the High Street food chain. The company has appointed Quantuma as administrators after Leon’s original co-founder John Vincent reacquired the company last month from Asda. The move places the future of the worst performing of…
