Britain’s annual inflation rate rose in January to its highest level for a year, buoyed by the higher prices for clothing and alcohol, official data showed Tuesday. The 12-month Consumer Price Index (CPI) rose by 0.3 percent last month, after registering 0.2 percent in December, the Office for National Statistics (ONS) said in a statement. Alcohol and tobacco increased by 1.3 percent compared with January 2015, when there had been heavy discounts on beer. Inflation also rose as fuel and...
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Movers and shakers from the oil industry descended on London last week and expressed optimism over a sharp rebound in the beleaguered crude market later this year.Bob Dudley, chief executive of British energy major BP, forecast at the International Petroleum Week industry conference on Wednesday that “the daily (oil) supply and demand” will be balanced in the second half.“Every storage tank and swimming pool will be full of oil,” Dudley told delegates, acknowledging the vast global supply glut that sent...
Manchester United’s tentative resurgence will be tested this Sunday when Louis van Gaal pits his side against a Chelsea team slowly finding their feet under his countryman Guus Hiddink.It is only two weeks since United were booed off at Old Trafford after a 1-0 home defeat by Southampton, but consecutive wins — 3-1 at Derby County in the FA Cup and 3-0 at home to Stoke City in the league-have convinced Van Gaal that his side can still win the...
Arsene Wenger returns to Stoke City’s Britannia Stadium this weekend for the first time since he was forced to endure...
Arsenal manager Arsene Wenger says he is not concerned that a hectic period of fixtures could derail his team’s bid for glory on multiple fronts this season.The Frenchman rested a number of players, including Mesut Ozil, for Saturday’s FA Cup third-round tie with Sunderland, which Arsenal won 3-1 courtesy of goals from Joel Campbell, Aaron Ramsey and Olivier Giroud.Alexis Sanchez, Jack Wilshere, Danny Welbeck and Tomas Rosicky are all currently sidelined, but Wenger is confident that his squad has sufficient...
Arsene Wenger has revealed Mesut Ozil rarely trains between matches as he looks to keep the German playmaker in peak condition for Arsenal’s Premier League title charge.Ozil has been the key figure in Arsenal’s rise to the top of the table and has already provided a league leading 16 assists this season.While the likes of Santi Cazorla, Jack Wilshere and Alexis Sanchez are out injured, Ozil has avoided any problems and become a pivotal part of an Arsenal side ahead...
Londoners are getting desperate over rising rents, with residents and students taking to the streets and social media over the cramped conditions tenants are forced to accept.With house-building lagging well behind the population increase in western Europe’s biggest city, prices are soaring beyond anything affordable.“The situation is becoming untenable,” said retired teacher John Ford, 60, who joined a 2,000-strong protest this month against the government’s new housing bill, which would radically alter public housing and the rights of its tenants.“My...
European stocks rebounded at the open on Friday, regaining some of the ground lost this week on mounting fears of a global recession, dealers said. In initial trade, London’s FTSE 100 benchmark index rallied almost 1.0 percent to 5,591.8 points compared with the close on Thursday. In the eurozone, Frankfurt’s DAX 30 index jumped nearly 1.2 percent to 8,854.4 points and the Paris CAC 40 won about 1.4 percent to stand at 3,949.2. In stark contrast however, Tokyo stocks suffered...
Chelsea face an anxious wait after striker Diego Costa was hospitalised during a crazy 3-3 draw with Everton that saw John Terry score for both sides at Stamford Bridge.The Spain forward had already hobbled off with a shin injury, having earlier scored, when Terry found the net in the 98th minute from an offside position.Chelsea interim manager Guus Hiddink admitted he was crossing his fingers that Costa was not seriously injured, but made it clear that he was in no...
Despite starkly contrasting playing philosophies, Liverpool manager Jurgen Klopp and his Manchester United counterpart Louis van Gaal are grappling with similar problems ahead of their meeting at Anfield on Sunday.While Klopp espouses hard-running, high-pressing, “heavy metal” football, Van Gaal is all about patient ball retention, but both men are yet to find a consistent formula for scoring goals.Liverpool’s return of 22 goals from their first 20 league games this season was the worst in their history, while United have not...
Sepp Blatter and Michel Platini were “totally irresponsible” to agree a payment that has brought ignominy to world football, according to Prince Ali bin Al Hussein, who hopes to take over FIFA next month. The Jordanian crown prince said the global governing body would be heading for a new “catastrophe” if it doesn’t elect the right candidate to succeed Blatter in the vote on February 26. Eight-year bans against Blatter and Platini have left the pair in disgrace and fighting...
Manchester United’s under-performing players approach Monday’s home game with Chelsea not knowing whether besieged manager Louis van Gaal will still be in the dug-out when they take to the field.United’s 2-0 defeat at Stoke City on Saturday was their fourth loss in succession — the club’s worst run within a season since 1961 — and reduced Van Gaal to a dead man walking in the eyes of the British media.The Dutchman admitted afterwards that he could not be certain of...