The London Daily News

Sunday 08th April, 2012, 16:51 | London

Breaking News

Boris Johnson hits back at Ken Livingstone "lies" Wednesday 04th April, 2012, 08:51
IPCC to investigate racist allegations by Met Police Monday 02nd April, 2012, 08:07
Petrol "panic buying" with Texaco first to be hit by strike action Wednesday 28th March, 2012, 07:05
Living near top schools costs an extra £300,000 Tuesday 27th March, 2012, 12:50
Boris wants driverless tube trains Tuesday 27th March, 2012, 06:39
East London man charged with cop dog attack Friday 23rd March, 2012, 12:55

Recession storm clouds gather as consumer spending plummets Posted on 26-05-2011 09:44:06 AM (GMT +01:00) Published By News Desk News Desk Consumers are not spending, and the economy is heading closer to recession with GDP figures that are anemic with 0.5 per cent growth in the beginning of the year. Higher inflation figures is putting severe pressure on household’s ability to spend money, with ...
Marks and Spencer’s plans to target shoppers by "affluence and ethnicity" Posted on 25-05-2011 09:27:53 AM (GMT +01:00) Published By News Desk News Desk Retail giant Marks & Spencers has taken "targeted marketing" a step further today with plans to transform existing stores so that they target local demographics like affluence, ethnicity, and local competition, in what is being described as the biggest change in emphasis in ...
Banks facing £10 billion hit for "mis-selling" insurance Posted on 06-05-2011 08:10:41 AM (GMT +01:00) Published By City News Desk City News Desk Banks who were mis-selling pay protection insurance face a potential claim of £10 billion according to an admission by the Lloyds Banking Group who has said that it has more than doubled it original provision of £3.2 billion for any claims. Dan ...
No rise in interest rates, Bank of England chief warns of risk to economy of hikes Posted on 03-05-2011 08:20:25 AM (GMT +01:00) Published By City News Desk City News Desk The Governor of the Bank of England Mervyn King has said that the high level of debts across Europe pose "massive" challenges, and if interest were to go up the problems would be made worse; signalling that the Monetary Policy Committee ...
UK economy grows by a staggering.....0.5 per cent Posted on 27-04-2011 12:58:38 PM (GMT +01:00) Published By City News Desk City News Desk The UK is not heading towards a double-dip recession according to official figures by the Office for National Statistics which has shown the UK GDP rise by 0.5 per cent. The ONS said: "Gross Domestic Product (GDP) increased by ...
Bank of England keeps record low interest rates Posted on 07-04-2011 12:24:18 PM (GMT +01:00) Published By City News Desk City News Desk The economic slow down is worse than expected with the Bank of England's Monetary Policy Committee voting to maintain the official Bank Rate paid on commercial bank reserves at 0.5%. The Committee also voted to maintain the stock of asset purchases financed ...
New York Mayor woos London banks to "Big Apple" Posted on 31-03-2011 04:43:13 AM (GMT +01:00) Published By City News Desk City News Desk - Mayor comments 4:30pm Banking giant Barclays is threatening to move its global headquarters to New York, if the UK continues with "over regulation" of banks, with the Mayor of New York Michael Bloomberg claiming last night “I hope they move here. That ...
Economic recovery hopes dashed with bleak levels on household income Posted on 30-03-2011 05:24:31 AM (GMT +01:00) Published By City News Desk City News Desk Sustained recovery to the economy took another blow after a real household income drops to the lowest for 30 years. The office for National Statistics reported an overall fall of 0.8% in real household disposable income - this is the lowest since ...
Tower Hamlets social enterprise CEO elected Young Global Leader by World Economic Forum Posted on 10-03-2011 02:15:11 AM (GMT +01:00) Published By News Desk News Desk Lily Lapenna, leader of financial and enterprise education charity MyBnk has been honoured as a Young Global Leader by the World Economic Forum. The SOAS graduate created the UK’s first ever FSA friendly, independent, peer-led and online, youth banking scheme. In just three ...
St Martins on the look for next Facebook with £20 million fund Posted on 10-03-2011 10:51:20 AM (GMT +01:00) Published By News Desk News Desk World acclaimed central London based Central St Martins has pooled its experience in the innovative arts fields with a US based design consultancy "METHOD" to help existing students with ideas that can be developed and brought to the market, and is hoped it may ...


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