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Student debt creates generation of mummy’s boys



Author: By Sarah Cassidy, Social Affairs Correspondent

Unable to buy their own home, saddled with student debt and struggling to find
work, grown-up sons are now twice as likely as their sisters to still be
living at home with their parents, official statistics revealed today.

Read more on Student debt creates generation of mummy’s boys…




Poverty increased before the recession, says study

Author: By Andrew Grice, Political Editor

An audit carried out by social research charity, the Joseph Rowntree Foundation, says the country needs to recover from “deep-seated” problems which were emerging before the economic downturn.

Read more on Poverty increased before the recession, says study…


Sean O’Grady: What gruesome deal was behind this betrayal?

It would be no surprise at all to discover that the move is part of some gruesome and deeply obscure Brussels horse-trading. Such nationally self- interested manoeuvrings are nothing new, so we needn’t be shocked. It is just a reminder that, while the EU is dedicated to the perfection of its single market, it rarely applies the same market zeal outside its borders.

Read more on Sean O’Grady: What gruesome deal was behind this betrayal?…


Stop meddling with London, bankers’ leader tells Sarkozy

Author: By Alistair Dawber

Responding to Mr Sarkozy, who on Monday said that the appointment of the Frenchman Michel Barnier as the EU’s new internal markets commissioner would rein in the “free-wheeling Anglo-Saxon model” of banking, Ms Knight said: “President Sarkozy must surely recognise that he has undermined the EU with his statements and put a question mark over the impartiality of his nominated commissioner that will not be easily dispelled.”

Read more on Stop meddling with London, bankers’ leader tells Sarkozy…


Retail sales growth at 17-month high

Author: By Russell Lynch, Press Association

October’s sales were 0.4 per cent ahead of an upwardly-revised September
figure and 3.4 per cent ahead of the same month last year – the biggest
year-on-year rise since May 2008 at the beginning of the recession.

Read more on Retail sales growth at 17-month high…


Borrowing higher than expected at £11.4bn

Author: By Russell Lynch, Press Association

The record rise for the month takes public sector net borrowing for the
financial year so far to £86.9 billion, the Office for National Statistics
(ONS) said.

Read more on Borrowing higher than expected at £11.4bn…


Temporary workers to get new rights – in 2011

Author: By Alan Jones, Press Association

The EU Agency Workers Directive was due to be introduced in the UK as early as
next Spring, but ministers decided earlier this year that the measure will
come into force in October 2011, the last possible date under EU law.

Read more on Temporary workers to get new rights – in 2011…


In a recession, they shoot horses, don’t they?

Author: By Jonathan Owen

With the annual average cost of keeping a single horse running at around £5,000, animal charities have reported a surge in people asking for help. Shelters around the country are filling up and having to turn horses away. The cost of hay and feed through the winter is expected to be the breaking point for many owners already under financial strain.

Read more on In a recession, they shoot horses, don’t they?…


Is Britain’s poker boom folding?

Between 2004 and 2007, Mintel says in a report to be released today, growth was spectacular. It seemed everyone thought they could emulate the likes of Phil Hellmuth, Amarillo Slim and the grandaddy of them all, Doyle Brunson, by becoming a poker millionaire through the click of a mouse.

Read more on Is Britain’s poker boom folding?…


Eurozone countries emerge from recession

Author: By Kelly Macnamara, Press Association

European countries using the single currency grew their collective economy
0.4% in the third quarter.

While it is the first time the bloc as a whole has shown growth, France and
Germany have enjoyed their second period of positive output.

Read more on Eurozone countries emerge from recession…


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