US job fears wipe 25bn off FTSE as stock markets across the world reel from grim outlookThe number of Americans in work rose less than expected Stock markets on both sides of the Atlantic slammed into reverse By Hugo Duncan PUBLISHED: 01:17 GMT, 6 April 2013 | UPDATED: 01:17 GMT, 6 April 2013 Nearly 25billion was wiped off the value of Britain’s top companies yesterday as bleak jobs news in the US sent stock markets tumbling. The number of Americans in work rose by 88,000 in March – well below the 200,000 expected by analysts
In the red: Ministers serve up 1,000 bottles of Bordeaux from the government wine cellar (plus champagne, brandy and gin)… and guess who foots the 55,000 bill Whitehall functions enjoy 5,000 bottles of wine and spirits in the last yearBill includes a 1906 bottle of Hine Grande Fine brandy worth 1,472Critics say officials should opt for 'modestly' priced drinks By Gerri Peev PUBLISHED: 18:15 GMT, 7 February 2013 | UPDATED: 22:48 GMT, 7 February 2013 GUests at Whitehall functions enjoyed 1,000 bottles of Chateau Margaux 1982, an older vintage than the bottle pictured Bottles of vintage wine worth more than 1,100 each have been quaffed at government parties at taxpayers' expense. Guests at official Whitehall functions were treated to 23 bottles of a 1982 vintage Chateau Margaux Bordeaux, which sells for up to 1,100 a bottle.
Tony Blair is a national hero (if you are Polish!) Former PM given award by country for helping thousands come to live in Britain Poland grateful to Blair's 'open door' immigration policiesBlair said: ‘I have a lot of admiration for Poland and the Polish people’Number of Poles living in Britain now stands at approximately 625,000 By Tamara Cohen PUBLISHED: 23:49 GMT, 29 January 2013 | UPDATED: 10:36 GMT, 30 January 2013 Tony Blair was given a gong at the Polish Business Leaders Awards in Warsaw In Britain, his ‘open door’ immigration policies have been criticised by all sides.
South widens property price gap with the rest of Britain: Value of London home up 28,500 in a year but falling in seven other regions | UPDATED: 01:57 GMT, 21 December 2012 Britain's housing market has ‘a stark North-South divide’, with house prices rising in London and the South but falling across the rest of the country, a report said yesterday. It showed that the value of homes in London has jumped by an average of 28,500 over the last year, but prices have been dropping in seven out of 11 regions
Property tycoon who dated model Caprice dies in fall under Tube after business collapseRobert Curtis, 47, made fortune on London property market Lived jet-set lifestyle and once dated famous lingerie modelBut his business crumbled during the recession and he was hit by a series of personal tragedies including the suicide of fellow magnate Paul Castle | UPDATED: 20:07 GMT, 20 December 2012 A millionaire who made his fortune on the London property market and once dated model Caprice has died after falling under a Tube train. Robert Curtis, 47, was said to have lived 'the high life' after launching a successful business letting upmarket properties in the early 2000s. But his life spiralled into disarray after his business empire crumbled during the recession as well as personal tragedies including the suicide of his friend Paul Castle and a failed marriage.
Desperate stores slash prices again as shoppers shun the high streetMany retailers make more than 40 per cent of sales and profits in the run-up to ChristmasBut they are faced with a slump in the numbers coming through their doorsThe figure is down by 5.7 per cent in out-of-town malls, 5.5 per cent in shopping centres and 2.1 per cent on the high street | UPDATED: 23:27 GMT, 19 December 2012 Desperate retailers are slashing prices as shoppers shun stores, with numbers down by up to 5 per cent compared to last year. Many retailers make more than 40 per cent of sales and profits in the run-up to Christmas, but they are faced with a slump in the numbers coming through their doors. The figure is down by 5.7 per cent in out-of-town malls, 5.5 per cent in shopping centres and 2.1 per cent on the high street, according to the British Retail Consortium.
Cameron finally concedes Britain could quit Europe as he prepares to offer referendum on the subjectPrime Minister says UK exit not his 'preference' but was now 'imaginable'He may look to negotiate a looser, trade-based relationship with Brussels | UPDATED: 00:16 GMT, 18 December 2012 David Cameron admitted for the first time last night that Britain might leave the European Union. The Prime Minister said that while a UK exit was not his ‘preference’, it was however ‘imaginable’. Mr Cameron is preparing to offer a referendum on Britain’s future in Europe in a speech next month.
Fewer than one in ten women stay at home to look after their childrenLatest census figures show 300,000 fewer staying home than thought Concerns for well-being of mothers and impact on toddlers in day careStay-at-home figures dropped from 17 per cent of women 20 years ago | UPDATED: 01:37 GMT, 17 December 2012 Fewer than one in ten woman of working age are staying at home to look after their children and families The stay-at-home mother is fast becoming consigned to history, according to the latest census figures. Returns showed there are 300,000 fewer than officials had previously estimated, with those who devote their lives to bringing up families now reduced to a tiny minority
House prices across the country ‘will rise in 2013 thanks to increased mortgage competition and shortage of homes’Average rise of 2 per cent in asking prices predicted in 2013Rise expected despite biggest fall in ten years this monthBut number of new sellers expected to be same as last three years | UPDATED: 00:05 GMT, 17 December 2012 Increase: The average rise next year is expected due to more competition among lenders and a shortage of homes, although big falls are expected over Christmas The beleaguered housing market is set to bounce back next year across England and Wales, according to research. A report by property search website Rightmove predicts an average rise of 2 per cent in sellers’ asking prices in 2013, thanks to increased competition among mortgage lenders and a continued shortage of homes
More misery for renters frozen off the housing ladder as average monthly payments are expected to jump by another 4% Rents expected to rise twice as fast as house prices in 2013Cost of the average home will rise by a modest two per cent | UPDATED: 09:12 GMT, 14 December 2012 Rents will rise twice as fast as house prices in 2013 as Britain’s embattled housing market endures another tough year, the Royal Institution of Chartered Surveyors will say today.