News

UK

UK December inflation halves to 0.5% from 1% in November

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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

Morrisons boss Dalton Philips ousted after declining Xmas sales

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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...
Canada

Business outlook positive, says Bank of Canada report

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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...
oil prices

Brent crude plummets to $47.27 after Goldman Sachs’ $42 three-month forecast

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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...
RS 25 engine

SLS RS-25 engine hot fire test completed by NASA

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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...
First Milk coop

Dairy farmers not being paid for two weeks by First Milk

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The price of milk has plummeted, in fact today it is cheaper than most bottled water. Hundreds of dairy farmers across the UK have...
World parking record

Tightest parallel parking record set by Alastair Moffatt of Stunt Drive UK

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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...
Scotland Flag

New marine reptile species from Jurassic era discovered in Scotland

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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

North Sea oil industry emergency tax cut by George Osborne being considered

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UK Chancellor George Osborne is considering an emergency tax cut to stem the alarming decline in North Sea oil industry investments and jobs, as...
Ivanpah Solar Electric Generating System

What is electricity? How is it generated?

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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...