skip to nav
Wednesday May 14, 2008

News

Brown spends £2.7bn to end revolt

Gordon Brown unveiled a surprise £2.7bn package of tax cuts yesterday in a bid to end the divisive row over the abolition of the 10p tax rate. The emergency mini-budget saw the Government borrow £2.7bn to give 22m basic rate taxpayers an extra £120 a year, and attempt to compensate... [continued]

Clinton vows to fight on after landslide win

Hillary Clinton has indicated she will stay in the race to be the Democratic presidential nominee until the last primary on June 3, after winning the West Virginia primary by a landslide. Clinton led Barack Obama 67 per cent to 26 per cent with 92 per cent of state precincts... [continued]

Flint slip-up reveals housing fears

The Government's concerns about the housing market were inadvertently revealed yesterday by Housing Minister Caroline Flint, when she was photographed walking into a Cabinet meeting with her briefing papers visible. A close-up of the documents revealed that  house prices are expected to fall by up to 10 per cent. "We... [continued]

Thousands missing in quake debris

More than 19,000 people remain trapped in the rubble of Sichuan's second city, Mianyang, as a massive rescue operation battled heavy rain and aftershocks yesterday to search for tens of thousands who remain missing after Monday's devastating earthquake. Only 2,000 people have been found alive in Yingxiu, which has a... [continued]

US to ‘beef up’ Lebanese army

US President George Bush has pledged to "beef up" the Lebanese army to disarm Hezbollah fighters and weaken Iranian and Syrian influence in the area. Bush, who arrives in Israel today for its 60th anniversary celebrations, attacked Hezbollah and its supporters for "destabilising the country and turning against the Lebanese... [continued]

Burma’s crippled ports hamper aid

An international aid effort to help the survivors of Cyclone Nargis has been jeopardised further by the destruction of Burma's biggest port, which is likely to be out of action for months. According to UN officials, Rangoon's oil and container terminals were crippled in the storm two weeks ago and... [continued]

Business news

Economists warn over pay-out

Economists are warning that the Government's emergency mini-budget to compensate five million people for the abolition of the 10p tax band could prove costly. The plan, which sees the Government pay out £2.7bn, will push public borrowing towards £50bn this year and put the government's fiscal rules in jeopardy. Chancellor... [continued]

Sainsbury’s staff share windfall

Sainsbury's staff are to share a £47m bonus, after the supermarket group met a string of three-year targets under a "Making Sainsbury's Great Again" scheme, launched in 2005 to turn around the chain's profits. The supermarket's total sales for the year to 22 March had risen by 5.8 per cent... [continued]

People Page Sports Page
sign up for our daily email

Enter your email address to receive our Daily Email in your inbox every weekday


You may have to register on the next screen if you haven’t signed up before.

ADVERTISEMENT

What the papers say
Our news digests
  • Newsdesk
  • People
  • Business Pages
  • Opinion
  • Sports Page
  • Sunday Papers

ADVERTISEMENT