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Trump touts upbeat message on cost of living as Americans feel the pinch
Posted onDanielle Kayeand Natalie Sherman Watch: Trump claims “prices are coming down” at a rally in Pennsylvania President Donald Trump has told a campaign-style rally that consumer prices are falling “tremendously”, as he seeks to allay voter anxiety about the cost of living in the US. In a speech at a casino in the battleground state…
UK drug price rises ‘necessary’, says Lord Patrick Vallance
Posted onThe price the NHS pays for medicines will need to rise to stop a wave of pharmaceutical investment leaving the UK, science minister Patrick Vallance has said. His comments follow several recent announcements from some of the world’s largest drug companies either pausing or scrapping UK projects. Critics in the sector say low prices for…
Salisbury foodbank asks for reverse advent calendar donations
Posted onA foodbank is asking donors to consider trying a “reverse advent calendar” this year – giving 24 items to help provide Christmas hampers to families in need. Salisbury Foodbank in Wiltshire, part of the Trussell Trust network, said it was in need of donations to make up packages for 200 local families. Manager Maria Stevenson…
Frank founder Charlie Javice sentenced for JPMorgan fraud
Posted onCharlie Javice, the entrepreneur convicted this year for defrauding JPMorgan Chase when the bank bought her student loan start-up, was sentenced on Monday to more than seven years in prison. In March, a jury found Ms Javice guilty of bank, wire and securities fraud, as well as conspiracy to commit fraud, for giving JPMorgan fake…
Heathrow scraps 100ml liquid container limit
Posted onKaty AustinTransport correspondent Getty Images The switch to CT scanners means clear transparent bags are no longer needed at the airport Passengers at Britain’s biggest airport, Heathrow, can leave liquids in containers up to two litres in their bags while going through security, after it finally completed the rollout of new high-tech CT scanners. Electronics…
The one measure that can tell us a lot about the state of the UK economy
Posted onFaisal 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…
