Tuesday, March 25

Day: April 27, 2016

More than a million people in UK living in poverty
ENGLISH, United Kingdom

More than a million people in UK living in poverty

    More than a million people in the UK are so poor they cannot afford to eat properly, keep clean or stay warm and dry, according to a groundbreaking attempt to measure the scale of destitution in Britain. A study by the Joseph Rowntree Foundation (JRF) found that 184,500 households experienced a level of poverty in a typical week last year that left them reliant on charities for essentials such as food, clothes, shelter and toiletries. More than three-quarters of destitute people reported going without meals, while more than half were unable to heat their home. Destitution affected their mental health, left them socially isolated and prone to acute feelings of shame and humiliation. Although the study could not demonstrate that destitution had increased in recent years, it ...
Britain’s property market is going to implode as housing nears peak affordability
ENGLISH, United Kingdom

Britain’s property market is going to implode as housing nears peak affordability

    Property prices in Britain may be surging due to a horrendous imbalance of supply and demand — but the market is poised to implode. Why? Because Britons are not earning enough money to either get on the housing ladder or are spending such a large portion of their wages on mortgages that may not be sustainable. Well, not unless everyone suddenly gets a huge pay rise over the next year or so. That's the assumption in the latest figures from think tank Resolution Foundation, which show that lower- and middle-income households are spending 26% of their salaries on housing, compared to 18% back in 1995. In London, households spend 28% of their income on housing. The think tank said this is the equivalent to adding 10 percentage points onto income tax. Only the rich are not feel...
IS wants Paris style terror attacks in UK
ENGLISH, Europe

IS wants Paris style terror attacks in UK

    Open borders across Europe have allowed Isil to plant sleeper cells across the continent and in the UK, poised to launch Paris or Brussels-style massacres, America’s intelligence chief has warned. James Clapper, the US Director of National Intelligence, warned the free movement of citizens around the EU was “in conflict” with the need to protect security. He said there is evidence of fanatics from Islamic State in Iraq and Levant (Isil) in Britain, Germany and Italy secretly plotting outrages like those witnessed in France and Belgium . He warned some have taken advantage of the migrant crisis to slip in to Europe and called for better intelligence sharing between member states. The comments came a week after the Daily Telegraph launched a campaign to highlight weaknesses ...
Apple revenue falls for first time since 2003
ENGLISH, Technology

Apple revenue falls for first time since 2003

    Apple reported a 13% drop in its second quarter revenue on Tuesday as sales of iPhones slipped. The technology giant reported quarterly sales of $50.56bn (£34.39bn) down from $58bn last year - the first fall in sales for the company since 2003. Apple sold 51.2 million iPhones during the quarter, down from 61.2 million in the same quarter of 2015. China was a particular weak spot - sales there fell 26%. Results were also hit by the impact of a stronger dollar. Apple shares fell 8% in afterhours trading. Its shares have fallen close to 20% over the last twelve months. Apple's chief executive Tim Cook said the company performed well "in the face of strong macroeconomic headwinds". Apple's quarterly profit slipped to $10.5bn from $13.5bn. Nevertheless, it announced it would re...
Glamorous politics student who tried to escape speeding fine by paying fixer JAILED for lying to police
ENGLISH, United Kingdom

Glamorous politics student who tried to escape speeding fine by paying fixer JAILED for lying to police

    A glamorous uni graduate who tried to dodge a speeding fine by paying a legal expert to make it go away been JAILED. Ayesha Ahmed - who has 2:1 in international relations and politics - has ruined a potentially promising career for the sake of not paying a small fine and taking three points on her licence. Ahmed, of Dudley, West Mids., was caught speeding in her BMW twice within five minutes by a mobile camera van parked near her home in July 2014. But rather than accept a driver awareness course for travelling at 39mph and 40mph in a 30mph zone, the 27-year-old graduate paid £450 to a man who claimed he could exploit a "legal loophole" enabling her to escape punishment. Ahmed's notices from police were then returned to enforcement officers, falsely claiming a woman from W...