Italy is FINALLY set to form a coalition government after two months of argumentDemocratic Party deputy leader Enrico Letta asked to form governmentHe will be Italy's youngest Prime Minister in a quarter of a centuryThe new government could take office within a matter of days By Steve Nolan PUBLISHED: 13:14 GMT, 24 April 2013 | UPDATED: 06:53 GMT, 25 April 2013 Enrico Letta looks set to become the new Italian Prime Minister after being asked to form a government by president Giorgio Napolitano.
'Crisis economy' UK: You're in as bad a state as eurozone, says new Bank chief as IMF urges Osborne to ditch austerity packageMark Carney compared the UK to basket case countries in the eurozoneThe IMF has slashed its growth forecast for the UK over next two years By Alex Brummer PUBLISHED: 23:15 GMT, 18 April 2013 | UPDATED: 06:33 GMT, 19 April 2013 Warning: Mark Carney, who takes over from Sir Mervyn King in July, compared the UK with basket case countries in the eurozone in a brutal assessment of the economic outlook Britain was last night branded a ‘crisis economy’ by incoming Bank of England governor Mark Carney. The Canadian, who takes over from Sir Mervyn King in July, compared the UK with basket case countries in the eurozone in a brutal assessment of the economic outlook
House prices 'will overtake pre-crisis peak by next year thanks to government's new help-to-buy scheme'House prices will hit record highs while millions can't afford to buy home 130billion scheme will 'add 1,000 to the price of a property next year' By Becky Barrow PUBLISHED: 20:52 GMT, 31 March 2013 | UPDATED: 07:38 GMT, 1 April 2013 The cost of the average home will jump by nearly 50,000 over the next five years, partly fuelled by the Government’s mortgage lending scheme, a report reveals today. The Centre for Economics and Business Research said house prices will pass their pre-recession peak next year and will go on to hit record highs at a time when millions cannot afford to buy their own home. The economic consultancy predicts the 130billion lending scheme, unveiled in last month’s Budget, will add more than 1,000 to the price of a property next year.
UK 2013: 4,000 queue in the hope of getting a job at a new shopping centre Queues formed two hours before the jobs fair opened its doorsJob seekers had to park a mile away because so many people were therePositions were sought at new 84million shopping centre with 56 shops By Lucy Osborne PUBLISHED: 13:06 GMT, 28 March 2013 | UPDATED: 01:39 GMT, 29 March 2013 Some wore smart suits, others were dressed down in jeans.
What economic crisis Wedding bill rises to 22,000 (and bank of mum and dad foots much of the bill) Average cost has risen by more than 7,000 in a decade Number of guests has fallen by seven per cent from 101 to 94More than half of couples admit they share cost of big day with parents By John Stevens PUBLISHED: 23:26 GMT, 27 March 2013 | UPDATED: 00:13 GMT, 28 March 2013 Counting the cost: The average wedding bill is now almost 22,000 (file photo) Any groom will know that there are some things you just don’t mention to a stressed-out bride.
One in seven women made redundant after maternity leave amid growing discriminationMore than half of women who were discriminated against 'suffer in silence'Tenth of women found themselves replaced by their maternity leave coverOne in seven felt they were overlooked for a promotion following maternity30,000 women lose jobs every year due to to pregnancy discrimination By Emily Andrews PUBLISHED: 14:40 GMT, 10 March 2013 | UPDATED: 22:52 GMT, 10 March 2013 Discrimination: A survey of 1,000 women found that more than half of women subjected to discrimination 'suffer in silence', with one in seven made redundant One in seven women are made redundant after their maternity leave, according to a study. And campaigners say discrimination against those who return to work after giving birth is on the increase. The study found that 40 per cent said their jobs had changed by the time they returned, with half reporting a cut in hours or demotion
New global meltdown fear as 56 billion US cuts kick in Multi-billion-dollar spending cuts will particularly hit the US military Pentagon will absorb half of the cost of cuts required before SeptemberInternational Monetary Fund warns the measures could spark a new global economic crisis By Sharon Churcher PUBLISHED: 01:47 GMT, 3 March 2013 | UPDATED: 01:47 GMT, 3 March 2013 Barack Obama yesterday set in motion a multi-billion-dollar spending cuts programme that will particularly hit the US military after failing to reach a compromise with his Republican opponents. The cuts – described by the US President as ‘dumb’ – are designed to whittle away America’s $16.6 trillion debt. However, the International Monetary Fund has warned the measures could spark a new global economic crisis
Tory Party is run like HMV…
Plight of savers could get even worse as Bank of England considers NEGATIVE interest ratesDeputy governor Paul Tucker says Bank has discussed radical moveHigh street lenders would have to pay the central bank to hold their moneyMove could wipe out savings rates and inflation would ravage deposits By Rachel Rickard Straus PUBLISHED: 16:22 GMT, 26 February 2013 | UPDATED: 21:38 GMT, 26 February 2013 Negative interest rates should be considered as an option to encourage banks to lend to small and medium-sized firms, the Bank of England’s deputy governor for financial stability said today. Paul Tucker said the dramatic move had been discussed at this month’s rate-setting meeting as an option to help fuel economic growth
Fresh euro crisis as Italy rejects austerity and protests by voting for party led by ex-comedian More than a quarter of voters backed the Five Star Movement led by comedian Beppe Grillo The centre-right alliance of controversial former prime minister Silvio Berlusconi took 31 per centThe centre-left groups, led by Pier Luigi Bersani, had just under 30 per cent of the vote By Hannah Roberts PUBLISHED: 14:26 GMT, 25 February 2013 | UPDATED: 00:07 GMT, 26 February 2013 The euro was heading for a fresh crisis last night as Italian voters recorded one of the biggest protest votes in modern times. In a rejection of the austerity reforms needed to ease the country’s massive debt, more than a quarter of voters backed the Five Star Movement, led by comedian Beppe Grillo. His anti-euro and anti-austerity party, which had almost 27 per cent of the early votes, could end up being the single biggest group in parliament