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Large rise in consumer spending turns out to be ‘just payday’

Large rise in consumer spending turns out to be ‘just payday’

The UK banking system ground to a halt this morning as more than £900 trillion dollars was transfered back and forth between indivuduals and businesses. At first, the Treasury announced…

Greek anger at suggestions they may have to start paying tax

Greek anger at suggestions they may have to start paying tax

Greece’s new Prime Minister, Lucas Papademos, has caused widespread anger at plans that would see workers paying tax. Under the current system, the general public pay some taxes, higher earners…

Greek Prime Minister resigns after admitting he ‘really can’t be arsed with all this’

Greek Prime Minister resigns after admitting he ‘really can’t be arsed with all this’

Greek Prime Minister George Papandreou has offered his resignation after an extended period of turbulence and uncertainty in Greece. Whilst I’ll leave with many happy memories, I’m now at the…

US claims debt repayments ‘lost’

US claims debt repayments ‘lost’

A diplomatic row between the United States and China looks set to continue after talks failed to settle the issue of missed debt repayments. Under current arrangements, America pays back…