UK December inflation halves to 0.5% from 1% in November
UK inflation in December halved to 0.5% (annualized) from 1% in November. Consumer price inflation fell to its lowest level in nearly 15 years...
Morrisons boss Dalton Philips ousted after declining Xmas sales
Morrisons, the UK’s fourth largest supermarket chain, posted a 3.1% decline in like-for-like sales (excl. fuel) in the six weeks to January 4th, prompting...
Business outlook positive, says Bank of Canada report
The Bank of Canada’s winter Business Outlook Survey predicts continued strengthening demand, especially among exporting companies and manufacturers. However, for firms linked to the...
Brent crude plummets to $47.27 after Goldman Sachs’ $42 three-month forecast
Brent crude fell 5.6% to $47.27 a barrel to a six-year low, while West Texas Intermediate (WTI) crude slid 4.8% to $46.01, after leading...
SLS RS-25 engine hot fire test completed by NASA
The SLS RS-25 engine, formerly the space shuttle main engine, the one that will drive NASA’s next great rocket to deep space, underwent its...
Dairy farmers not being paid for two weeks by First Milk
The price of milk has plummeted, in fact today it is cheaper than most bottled water. Hundreds of dairy farmers across the UK have...
Tightest parallel parking record set by Alastair Moffatt of Stunt Drive UK
Stunt Drive UK instructor Alastair Moffatt claims the Guinness World Record for the Tightest Parallel Park by managing to slide into a spot only 7.5cm (2.95...
New marine reptile species from Jurassic era discovered in Scotland
University of Edinburgh palaeontologists have identified a dolphin-like creature – a new species of reptile – from the Jurassic era, that inhabited warm, shallow...
North Sea oil industry emergency tax cut by George Osborne being considered
UK Chancellor George Osborne is considering an emergency tax cut to stem the alarming decline in North Sea oil industry investments and jobs, as...
What is electricity? How is it generated?
Electricity is the force of an electric charge. It is the form of energy that we use to power machines and electrical devices.
There are...