UK’s 5 wealthiest families worth more than poorest 20 percent

Published time: March 17, 2014 11:22  Reuters / Luke MacGregor The combined fortunes of Britain’s five richest families are worth more than the poorest 20 percent of the population, says an Oxfam report. The organization has appealed to the government to take action over the UK’s widening wealth gap. In a report published on Monday…

Secret documents accidentally shown to photographers that revealed Britain would not support military action against Russia ‘do NOT reflect Government’s final decision’ says Hague

After the blunder, No10 considers sanctions: Cameron orders ‘broad spectrum’ of possible actions against Russia to be drawn up Cameron’s adviser Hugh Powell left file on display to photographers Document revealed Britain will not impose sanctions against Russia Will not support military action against the country either, it showed Also disclosed Russian investors will not…

European migrants are more likely to work harder than their British   counterparts, a senior Brussels official says

Comrades in arms: Britain and Russia to sign defence deal

Once they were Cold War foes. Now Britain and Russia are preparing to work together on defence projects United together in friendship and labour: David Cameron and Vladimir Putin on a flight together. Photo: AFP By Matthew Holehouse, Political Correspondent 10:00PM GMT 26 Jan 2014 Britain could buy weapons from its former Cold War foe for…

The gathering storm: A look back on middle-class Europe’s last carefree Christmas before the onset of World War One

From the following summer, Britain, mainland Europe and a large part of the rest of the world changed for ever ” There are “striking and unsettling parallels”, Emmerson says, with the “geopolitics of the world today”. He does not go there, but try casting today’s China as the impatient, rising Germany of 1913; or today’s…

The EU is in denial over the euro – its failed currency

While Britain and the US kickstart their economic recovery, Europe clings to its sinking ship Rarely has the economic gulf that separates the English-speaking world and continental Europe looked quite as wide as it does today. While much of the eurozone remains mired in an economic funk, Britain and America are recovering fast, with rising…

Drugs scandal rocks Britain’s troubled ‘ethical’ bank

      Britain’s Co-operative Bank, which prides itself on ethical investments, has been plunged deeper into crisis after its former chairman was filmed allegedly seeking to buy drugs. Former Co-op bank chairman Paul Flowers — a church minister — apologised after allegations were published in the in The Mail on Sunday newspaper involving crystal…

Wider use of statins ‘disturbing’

Wider use of statins will have minimal benefit and could needlessly expose   thousands to severe side effects, doctors warn following change in US   prescription guidelines New US guidelines on statins, issued on Tuesday by the American College of Cardiology and the American Heart Association, recommend that doctors should consider prescribing the drugs to all people…