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kingdom the banks were bailed out by the taxpayer so the united kingdom came in and they rescued royal bank of scotland they rescued lloyds they rescued northern rock all these banks that collapse they took care of them they took over and they all therefore they have zombie banks they have zombie companies they have the quantitative easing in negative interest rate policy insert all that stuff is kept zombie company but as you know michel say in the second half royal bank of scotland as part of their belly they turned around and they killed tens of thousands of british small to medium enterprises the s. i mean these and smash and grab and took that money for them some exactly why they don't have any friction growth in wages because they've got predatory oil bank of scholars it's right in the name isn't it yet it's not just wages g.d.p. it's output is actual things that you create cars. you know products widgets televisions furnace is lights. art finance like things like that they are producing less the ordinary worker goes in for eight hours a day and they produce less the other thing i thi
kingdom the banks were bailed out by the taxpayer so the united kingdom came in and they rescued royal bank of scotland they rescued lloyds they rescued northern rock all these banks that collapse they took care of them they took over and they all therefore they have zombie banks they have zombie companies they have the quantitative easing in negative interest rate policy insert all that stuff is kept zombie company but as you know michel say in the second half royal bank of scotland as part of...
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Jul 31, 2018
07/18
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in the business news: an independent review commissioned by the fca into royal bank of scotland 5 treatmental restructuring group has found that no evidence that the bank deliberately transferred customers to grg in order to profit from their restructuing or insolvency. tech retailer dixons carphone says a huge data breach last year involved ten million customers. that's a massive revision of its earlier estimate ofjust 1.2 million. the firm has been investigating the hack, which involved personal information including names, addresses and email addresses, since it was discovered injune. british gas lost 3a0,000 customer accounts in the uk in the first half of this year, according to the firm's chief executive. speaking to the bbc, centrica boss iain conn said the rate of customer losses had halved since last year, and he hoped numbers would stabilise. more now on the news that british gas owner centrica has lost still more customers. in total, it lost 3a0,000 customer accounts in the uk in the first half of this year. the lost accounts represent about 270,000 customers. this comes as centr
in the business news: an independent review commissioned by the fca into royal bank of scotland 5 treatmental restructuring group has found that no evidence that the bank deliberately transferred customers to grg in order to profit from their restructuing or insolvency. tech retailer dixons carphone says a huge data breach last year involved ten million customers. that's a massive revision of its earlier estimate ofjust 1.2 million. the firm has been investigating the hack, which involved...
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Jul 31, 2018
07/18
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BBCNEWS
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so no action will be taken against royal bank of scotland and its senior managers. 2 2013. there has been a lot of public interest in this report because as we know, small and medium—sized businesses are the lifeblood of the uk economy. and they were not treated fairly. a key point is that the city watchdog, the fca, has not got the remit to look at lending to small and medium—sized businesses, and in that regard, it cannot have those finds that it usually levies if there is misconduct. lots of results out today in the fast food/catering sector? yes, shares in greggs soared after the bakery chain reported a 5.2% rise in interim revenues to £a76m and pre—tax profits of £2a.1m on £19.am in the first six months of last year. the company said it had seen strong growth in sales of hot drinks, breakfast, healthier choices and hot food. however, just eat has reported a 3% fall in pre—tax profits to £a8.1m for the six months tojune on revenues a5% higher at £358.am. the online food delivery app said profits fell following its £200m acquisition of rival hungry house. joining
so no action will be taken against royal bank of scotland and its senior managers. 2 2013. there has been a lot of public interest in this report because as we know, small and medium—sized businesses are the lifeblood of the uk economy. and they were not treated fairly. a key point is that the city watchdog, the fca, has not got the remit to look at lending to small and medium—sized businesses, and in that regard, it cannot have those finds that it usually levies if there is misconduct....
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Jul 10, 2018
07/18
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BBCNEWS
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royal wedding helped growth. the improvement has lifted expectations that the bank of england could increase interest rates in augustn today and — with most of the top 10 seeds out — it's proving to be one of the most open tournaments for women in years. one familiarface did prevail however, and that was serena williams as she survived a scare to make it through to the semi finals. joe wilson reports. on this honours board, some of the players who made wimbledon, who made modern tennis, but this year's women's champion, there is a space, waiting for a story. it could still be the great serena comeback. williams was truly stretched today by camila giorgi of italy, three fierce sets, but serena was up to it. her seeding 25 is temporary. the power seems permanent. reaching a wimbledon semifinal is almost unimaginable territory for germany's julia goerges. another winner today. and jelena ostapenko becomes the first latvian woman to reach a wimbledon semifinal. unpredictable is often good. none of the top ten seeds were even in these quarterfinals, but the players we did see rose to the occasion. daria kasatkina is at t
royal wedding helped growth. the improvement has lifted expectations that the bank of england could increase interest rates in augustn today and — with most of the top 10 seeds out — it's proving to be one of the most open tournaments for women in years. one familiarface did prevail however, and that was serena williams as she survived a scare to make it through to the semi finals. joe wilson reports. on this honours board, some of the players who made wimbledon, who made modern tennis, but...
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Jul 10, 2018
07/18
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BBCNEWS
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royal wedding helped growth. the improvement has lifted expectations that the bank of england could increase interest rates in august their place in the final on sunday. england will try to join them tomorrow when they play croatia. this morning, the team trained at their base in repino before travelling to moscow, where the semi finals are taking place. our sports editor dan roan is there. yes, thank you. more on the momentous match between england and croatia in a moment, but first now they know, if they could make it through to the final on sunday, they will have to play france after they ove rca m e will have to play france after they overcame their rivals, belgium tonight in their semifinal in st petersburg as david ornstein now reports. st petersburg, one of the great port cities and russia's cultural capital — tonight the stage for the two of football's most diverse nations and the gateway to the biggest game of all. on parade were some of the planet's most devastating attacking players. among them, eden hazard, and the belgian captain twice came close to opening the scoring, before toby alderweireld was deni
royal wedding helped growth. the improvement has lifted expectations that the bank of england could increase interest rates in august their place in the final on sunday. england will try to join them tomorrow when they play croatia. this morning, the team trained at their base in repino before travelling to moscow, where the semi finals are taking place. our sports editor dan roan is there. yes, thank you. more on the momentous match between england and croatia in a moment, but first now they...
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Jul 17, 2018
07/18
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BBCNEWS
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over brexit capped gains from encouraging results flowing in from companies including royal mail and talktalk. bankes are coming up on bbc newschannel. in a moment we'll say goodbye to viewers on bbc2 — first we leave you with a look at the weather. fantastic cloudscape is sent in by our weather watchers. check out this one here, some cumulus cloud here in the sky, some beneath it. this is in worcestershire. dramatic skies on the south coast, this is in west sussex at the moment. thick clouds threatening showers along the english channel. we have got a fair amount of cloud across northern and western parts of the uk as you can see from the satellite. clear skies and sunshine towards the east, the cloud will build up a bit in the afternoon. from most of it is dried with the chance of some showers across scotland, northern parts of england, maybe the isolated shower in the midlands. most others it is dry. feeling pressure compared to yesterday, especially across the south and the east where temperatures approached 32 celsius yesterday. today is more like 25 or 26 degrees. through this evening and nig
over brexit capped gains from encouraging results flowing in from companies including royal mail and talktalk. bankes are coming up on bbc newschannel. in a moment we'll say goodbye to viewers on bbc2 — first we leave you with a look at the weather. fantastic cloudscape is sent in by our weather watchers. check out this one here, some cumulus cloud here in the sky, some beneath it. this is in worcestershire. dramatic skies on the south coast, this is in west sussex at the moment. thick clouds...
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Jul 5, 2018
07/18
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ALJAZ
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cheap explained that almost seven hundred million transferred into his personal bank account was a donation from the saudi royal family which in the main returned u.s. investigators say no jeep and his family spent the government money on themselves including funding hollywood movies such as the wolf of wall street's the oscar winner about corporate greed at least six countries are investigating the one m.t.b. fund fraud ok let's bring in our guests joining us today from kuala lumpur is bridget welsh an associate professor of political sciences at the john cabot university and the author of regime resilience in malaysia and singapore from london lee jones he's a reader of international politics at queen mary university of london and also from kuala lumpur on skype is ibrahim sophie an executive director of the deca center for opinion research welcome to you all bridget wells coming to you first is this about transparency or is it a witch hunt. i think it's definitely about transparency but it's more than that it's about moving malaysia in a different direction and reckoning with the past whatever the scandal th
cheap explained that almost seven hundred million transferred into his personal bank account was a donation from the saudi royal family which in the main returned u.s. investigators say no jeep and his family spent the government money on themselves including funding hollywood movies such as the wolf of wall street's the oscar winner about corporate greed at least six countries are investigating the one m.t.b. fund fraud ok let's bring in our guests joining us today from kuala lumpur is bridget...
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Jul 4, 2018
07/18
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ALJAZ
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cheap explained that almost seven hundred million transferred into his personal bank account was a donation from the saudi royal family which in the main returned u.s. investigators say no jeep and his family spent the government money on themselves including funding hollywood movies such as the wolf of wall street's the oscar winner about corporate greed at least six countries are investigating the one m.t.b. fund fraud ok let's bring in our guests joining us today from kuala lumpur is bridget welsh an associate professor of political sciences at the john cabot university and the author of regime resilience in malaysia and singapore from london lee jones he's a reader of international politics at queen mary university of london and also from kuala lumpur on skype is ibra himself ian executive director of the deca center for opinion research welcome to you all bridget wells coming to you first is this about transparency or is it a witch hunt. i think it's definitely about transparency but it's more than that it's about moving malaysia in a different direction and reckoning with the past whatever the scandal the
cheap explained that almost seven hundred million transferred into his personal bank account was a donation from the saudi royal family which in the main returned u.s. investigators say no jeep and his family spent the government money on themselves including funding hollywood movies such as the wolf of wall street's the oscar winner about corporate greed at least six countries are investigating the one m.t.b. fund fraud ok let's bring in our guests joining us today from kuala lumpur is bridget...
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Jul 12, 2018
07/18
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KRON
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bank account. how kylie could become the youngest billionaire. before 21 >>> then -- ♪ >> the strangest cat strut. >>> and margot robbie, her new royal transformationeven she couldn't believe. >> i look like voldemort. falsethe falsies mascara-to-co. no gaps. for false lash glam that challenges fake. never fake, always falsies. the falsies mascara. only from maybelli >>> congratulations to actress niecy nash she got a star on the hollywood walk of fame. >> i w ♪ >>> what's the most treasured thing that you own? >> it would be as toss-up between this ring which was my grandmother's and my fine fur >> the things you learn during "vogue's" 73 questions. saoirse ronan delivered her answers while packing in london. which happens to be the setting of her new movie. you have to turn back the clock more than 400 years, because she stars with margot robbie in "mary queen of scots." and there is no question, this is margot's wildest makeover to date. >> my dear cousin, let our nations cherish each other as we would, two kingdoms united. >> margot is elizabeth the first, queen of england. saoirse ronan is mary. queen of scotland. the two are relatives. and bi
bank account. how kylie could become the youngest billionaire. before 21 >>> then -- ♪ >> the strangest cat strut. >>> and margot robbie, her new royal transformationeven she couldn't believe. >> i look like voldemort. falsethe falsies mascara-to-co. no gaps. for false lash glam that challenges fake. never fake, always falsies. the falsies mascara. only from maybelli >>> congratulations to actress niecy nash she got a star on the hollywood walk of fame....
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Jul 6, 2018
07/18
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BBCNEWS
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we've just come out of the month of may with the royal wedding and some bank holidays and the fa cup.ils! it could be quite interesting! the markets started reasonably strong, just some worry about the trade wars. stop looking at me like that, martin! using quite well—behaved but you are not really, are you? the american market is looking strong! pound has weakened a little, just the end of the week, and excitement about the world cup as so many. we will be cleared, won‘t we? that‘s all the business news apparently. normally when we speak about president trump‘s wall we talk about the one with mexico but in ireland, the one with mexico but in ireland, the proposed solution to one problem isa the proposed solution to one problem is a sea wall, as this page reports. county clare is picture book ireland. its postcard perfect coastline presented an irresistible investment opportunity to the billionaire who became president. four years ago he bought this resort when it was facing financial failure. it‘s been turned into the trump international golf links and hotel, and it‘s attracted thous
we've just come out of the month of may with the royal wedding and some bank holidays and the fa cup.ils! it could be quite interesting! the markets started reasonably strong, just some worry about the trade wars. stop looking at me like that, martin! using quite well—behaved but you are not really, are you? the american market is looking strong! pound has weakened a little, just the end of the week, and excitement about the world cup as so many. we will be cleared, won‘t we? that‘s all...
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Jul 12, 2018
07/18
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KRON
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bank account. how kylie could become the youngest billionaire. before 21 >>> then -- ♪ >> the strangest cat strut. >>> and margot robbie, her new royal transformationt even she couldn't believe. >> i look like voldemort. slam is just $5.99! ♪$5.99 are you out of your mind?♪ seriously?! yup! eggs. hash browns. bacon. sausage. and buttermilk pancakes! ♪$5.99 are you out of your mind?♪ we're out of our minds. denny's new! super slam. only $5.99! >>> congratulations to actress niecy nash she got a star on the hollywood walk of fame. >> i w why did i want a crest 3d white smile? dinner date...meeting his parents dinner date. so i used crest. crest 3d white removes... ...95% of surface stains in just 3 days... ...for a whiter smile... that will win them over. crest. healthy, beautiful smiles for life. my mom washes the dishes... ...before she puts them in the dishwasher. so what does the dishwasher do? new cascade platinum does the work for you, prewashing and removing stuck-on foods, the first time. wow, that's clean! new cascade platinum. ♪ >>> what's the most treasured thing that you own? >> it would be as toss-up between this ring which was my grandm
bank account. how kylie could become the youngest billionaire. before 21 >>> then -- ♪ >> the strangest cat strut. >>> and margot robbie, her new royal transformationt even she couldn't believe. >> i look like voldemort. slam is just $5.99! ♪$5.99 are you out of your mind?♪ seriously?! yup! eggs. hash browns. bacon. sausage. and buttermilk pancakes! ♪$5.99 are you out of your mind?♪ we're out of our minds. denny's new! super slam. only $5.99! >>>...
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Jul 4, 2018
07/18
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ALJAZ
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money in his bank account up to two point six billion ringgit found in his bank account was a donation from the from the saudi royal family forms for us in kuala lumpur thank you very much and the. new video has been released showing a time football team in good health despite their eleven day ordeal below ground food and medical supplies have reached the twelve boys their coach they haven't eaten since entering the cave on june the twenty third it's not yet known how they're going to be brought out and heavy rains are expected to hamper rescue efforts let's course live to scott hard live for the latest on the rescue operation . and those heavy rains scott i'm guessing our focus for everybody involved in this rescue at the moment. absolutely rob that is the deadline if you will that's hanging over everyone's head here now the operations continue no we walk up this hill this is where the cave entrance is the main cave entrance and the pumping is still going on like we've seen the last several days running several mornings running that is continuing that obviously is critical because they want to get the water level
money in his bank account up to two point six billion ringgit found in his bank account was a donation from the from the saudi royal family forms for us in kuala lumpur thank you very much and the. new video has been released showing a time football team in good health despite their eleven day ordeal below ground food and medical supplies have reached the twelve boys their coach they haven't eaten since entering the cave on june the twenty third it's not yet known how they're going to be...
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royal navy he would go on to study business manager at university but then drop out and start a downward spiral of radicalization that would culminate with that deadly manchester. are to spoil boyko bank you for bringing us that update. spain aside to open special centers to identify migrants it's part of an emergency plan approved by the government after a jump in the number of new arrivals here's a video that was recently posted on social media you can see a boat making landfall at the beach in the southern city of could do is the migrants run out in different directions presumably to avoid authorities after that dangerous trip across the mediterranean in the open boat now the number of migrants that arrived in spain in the last six months equals the whole of two thousand and seventeen other countries are also under pressure from an influx of refugees italy comes at us close second and numbers there are expected to grow even further but the migrant suffering doesn't necessarily when they reach europe a charity in italy claims that refugee children are being sexually abused when they arrive in the country it says youngsters are being exploited if they cannot pay for basics like food
royal navy he would go on to study business manager at university but then drop out and start a downward spiral of radicalization that would culminate with that deadly manchester. are to spoil boyko bank you for bringing us that update. spain aside to open special centers to identify migrants it's part of an emergency plan approved by the government after a jump in the number of new arrivals here's a video that was recently posted on social media you can see a boat making landfall at the beach...
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Jul 16, 2018
07/18
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CSPAN
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royal liverpool trust in that work. i do not think that what the honorable gentleman advocated, which was to buy out the interest of the banks, is the right approach to take. that would encourage irresponsible lending in the future against the prospect that there would be a government bailout. i think it is important that risk is seen to lie with the banks, with the lenders, and not be underwritten by the taxpayer. we are working with the trust actively to see if we can find a way forward for them to complete the remaining work on the hospital. we hope this work will conclude in the near future. >> i have worked -- for over 30 years. i completely understand that the comprehensiveness of his replies reflects his -- as a noted academic. let me make the point i am determined to get to the questions on the paper. >> given the nato summit this week, will my right honorable friend reassure me that this government will continue to see britain'se bedrock of the threats that this nation faces, including the appalling use of nerve agents on british soil? this government is concerned, nato is and will remain the bedrock of our thisctiv
royal liverpool trust in that work. i do not think that what the honorable gentleman advocated, which was to buy out the interest of the banks, is the right approach to take. that would encourage irresponsible lending in the future against the prospect that there would be a government bailout. i think it is important that risk is seen to lie with the banks, with the lenders, and not be underwritten by the taxpayer. we are working with the trust actively to see if we can find a way forward for...
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Jul 24, 2018
07/18
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BBCNEWS
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royal mail, just want to talk briefly about that. it has been on the up today. largely banksach wave affected areas of england today. no heatwave in northern ireland and scotland, and it is quite pleasant way get disease and sunshine. temperatures are still above average. it is still warm. now, heath bray —— heatwave, too, this area of cloutier. its northern england, delivering patchy rain in places. you might get a few showers along this area of data loud and through the afternoon. this is the boundary between the rather hot and humid airto the boundary between the rather hot and humid air to the south—east, with the cooler fresher weather towards the cooler fresher weather towards the north—west of it. again, really pleasa nt the north—west of it. again, really pleasant way get some sunshine. northern ireland and scotland, into the high team, late 20s, but still near 30 celsius without humility through south east england. into tonight, an area of cloud, you lose sight of it, and it disappears along with any patchy rain, overnightjust a few showers brushing the far north—wes
royal mail, just want to talk briefly about that. it has been on the up today. largely banksach wave affected areas of england today. no heatwave in northern ireland and scotland, and it is quite pleasant way get disease and sunshine. temperatures are still above average. it is still warm. now, heath bray —— heatwave, too, this area of cloutier. its northern england, delivering patchy rain in places. you might get a few showers along this area of data loud and through the afternoon. this is...
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Jul 4, 2018
07/18
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BLOOMBERG
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banking sector is losing a little bit of ground. the positive side, i've got anglo trading a little higher. points, andindex glows biggest upside moves, total and royal shell trading up as well. we're still waiting for the dax to open up. now steen jakobsen. glass half-full or glass cap empty -- glass half-empty? steen: inti. now, it's all about the trade wars and if you think about the political timeline, we have the midterm election in november and it's unlikely we'll see trump changes rhetoric ahead of that because he needs it or is domestic audience. overall, we see the bleeding. we see the policy of the federal reserve remains very tight. is having azation lot of pressure around the world including china. i think the bond markets are responding well the -- but what really concerns me, we moved 25 or 35 basis points in the market is very nervous. volatility is picking up. we are seeing cracks in the armor. valuation, take out, what you have for me? guy: oil and gas. steen: yes, commodities driven by the energy sector and it's a perfect storm in terms of the price. libya, thenezuela, policy changing. i think we are in for a time where we will have
banking sector is losing a little bit of ground. the positive side, i've got anglo trading a little higher. points, andindex glows biggest upside moves, total and royal shell trading up as well. we're still waiting for the dax to open up. now steen jakobsen. glass half-full or glass cap empty -- glass half-empty? steen: inti. now, it's all about the trade wars and if you think about the political timeline, we have the midterm election in november and it's unlikely we'll see trump changes...
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Jul 24, 2018
07/18
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BBCNEWS
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we're joined now by dr louise theodosiou from the royal college of psychiatrists and also by tracey key and simon banks spoke to the doctors, he was also self harming quite recently. he spoke to the doctors and wanted to go onto antidepressants. the doctor at the time said no, that he wanted to see him again in a week ‘s time. he went back in a week's time and saw different doctor and the doctor put onto antidepressants. and also contacted his school to talk about services so he could have some kind of therapy but unfortunately, the guidelines would follow because the therapy should happen before the antidepressants. the schools contacted but you won't. it's great to have your new talking about this but when you look on it, how dubai thing is to have been done differently. we have a view of the pa rent differently. we have a view of the parent is not part of the problem, they are part of the solution. you need to build that support around a child and it needs to include pa rental child and it needs to include parental care. we didn't have the opportunity, he managed to hide it from us very well. we jus
we're joined now by dr louise theodosiou from the royal college of psychiatrists and also by tracey key and simon banks spoke to the doctors, he was also self harming quite recently. he spoke to the doctors and wanted to go onto antidepressants. the doctor at the time said no, that he wanted to see him again in a week ‘s time. he went back in a week's time and saw different doctor and the doctor put onto antidepressants. and also contacted his school to talk about services so he could have...
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Jul 16, 2018
07/18
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KNTV
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royal box. >> so much to look forward to. i'm just getting started. >> shon da rhimes tweeting epic day with incredible grace. seshowed us what a legend is made of. other celebrities showing their support. tyra banks tweeting, to all us new mommies, you won. williams has been opening up on instagram of fearing for her life writing days after our baby girl was born, i kissed my wife good-bye before surgery and beneather of us now if she would be coming back. williams suffered complications of the emergency c-section including a pulmonary embolism. we just wanted her to survive. ten months latter, she is in the wimbledon final. she will be holding a trophy again soon. she has the greatest one waiting for at home for her. >> it was my journey and as hard as it was i wouldn't want to change my journey. >> reporter: williams husband fighting for paid leave writing for these early months of my daughter's life, i knew i needed to be present with my family, a privilege that unfortunately many parents in this country are not afforded. williams has been honest about the struggles with being a working mom, a challenge she's taking on with her family beside her every game, every set, every match. >> i had suc
royal box. >> so much to look forward to. i'm just getting started. >> shon da rhimes tweeting epic day with incredible grace. seshowed us what a legend is made of. other celebrities showing their support. tyra banks tweeting, to all us new mommies, you won. williams has been opening up on instagram of fearing for her life writing days after our baby girl was born, i kissed my wife good-bye before surgery and beneather of us now if she would be coming back. williams suffered...
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Jul 10, 2018
07/18
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BBCNEWS
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royal wedding and good weather gave the uk economy a boost in may, growing by 0.3%. but constuction and industrial activity remained sluggish. todays figure won't surprise the bankne from the chain's founder chris edwards, who was offering to buy around half of the stores. three major retailers have annouced plans to close their shops early on sunday if england make it to the world cup final. aldi, lidl and iceland have all said staff will be able to go home at 3pm instead of 4pm, so they can watch the match. nearly 20 million television viewers watched england beat sweden in the quarter—finals on saturday. a strong service sector, the royal wedding and some good weather all contributed to the uk economy growing by 0.3% in may. today also saw the office for national statistics announce a rolling three—month figure for the first time, which showed the economy grew by 0.2% in the three months to may. some analysts are now expecting the bank of england to raise interests by august. we saw quarter one weakness is temporary and the rate hike in august conditional on economic data so august conditional on economic data so they were clearly looking for this gdp data to
royal wedding and good weather gave the uk economy a boost in may, growing by 0.3%. but constuction and industrial activity remained sluggish. todays figure won't surprise the bankne from the chain's founder chris edwards, who was offering to buy around half of the stores. three major retailers have annouced plans to close their shops early on sunday if england make it to the world cup final. aldi, lidl and iceland have all said staff will be able to go home at 3pm instead of 4pm, so they can...
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Jul 10, 2018
07/18
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BBCNEWS
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royal wedding and good weather gave the uk economy a boost in may, growing by 0.3%. but constuction and industrial activity remained pretty sluggish. the latest reading reinforces expectations that the bankt rail franchise model is bust and needs to be restructured. sirjohn armitt, now chair of the national infrastructure commission said the network is not delivering for customers. in the commission's new report he also says britain has a "golden opportunity" to switch to renewable energy without raising prices, but only if the government acts now. online retailer ocado says it made a loss of £9 million in the first quarter, blamed largely the cost of new investments. that's down from a profit of £7.7 million in the year before. but the firm says revenue was up i2% during the same period, to just under £800 million. a strong service sector, the royal wedding and some good weather all contributed to the uk economy growing by 0.3% in may. today also saw the office for national statistics announce a rolling three—month figure for the first time, which showed the economy grew by 0.3% in the three months to may. some analysts are now expecting the bank of england to raise interests by august.
royal wedding and good weather gave the uk economy a boost in may, growing by 0.3%. but constuction and industrial activity remained pretty sluggish. the latest reading reinforces expectations that the bankt rail franchise model is bust and needs to be restructured. sirjohn armitt, now chair of the national infrastructure commission said the network is not delivering for customers. in the commission's new report he also says britain has a "golden opportunity" to switch to renewable...