Monday 21st April 2014                 Change text size:

cash solutions by BazzaDaRambler via Flickr

Financial regulator to investigate payday loan debt collection

The Financial Conduct Authority (FCA) is to launch an investigation into the short-term high-cost loan industry, as new research suggests Britain’s high streets have one payday loan shop for every seven banks. The FCA said that it would be paying particular attention to the way in which debts are...


Silvio Tanaka via flickr

The internet at 25: creator Tim Berners-Lee says it needs its own ‘Magna Carta’

Twenty-five years to the day since he first drafted his idea, the inventor of the world wide web has called for a bill of rights to protect its users. In 1989, while working as a software engineer at CERN, Sir Tim Berners-Lee wrote his initial proposal for the world...


salt and paper by Identity Photogr@phy via flickr

British children eating too much salt, says study

A new study has claimed that children’s diets contain too much salt, with the majority of the intake coming from processed or manufactured foods. The research, which was published in the journal Hypertension, suggests that 70% of kids are eating much more than the recommended teaspoon of salt a...


Photo: The Co-operative via Flickr

Co-op Group’s woes continue as chief exec Sutherland offers resignation

Euan Sutherland, the chief executive of the Co-operative Group, has reportedly offered his resignation – a tactic that has been described as a “back-me-or-sack-me” move. According to the BBC’s business editor Robert Peston, Sutherland says in a letter that the organisation is “ungovernable”. This follows a turbulent year that...


job centre plus by Helen Cobain via flickr

Economic growth undermined by bleak youth unemployment figures

Economic growth forecasts are being undermined by a lack of investment in UK businesses and the number of young people claiming jobseeker’s allowance, the British Chamber of Commerce (BCC) has warned. The BCC upgraded GDP growth forecasts for the next two years on Monday, from 2.7% to 2.8% in...


gwaar via flickr

Thyroid cancer cases rise among Fukushima children – but link to nuclear disaster contested

The number of people under the age of 18 living in the Japanese region of Fukushima with suspected thyroid cancer has risen to 75, compared to 59 in September last year – though experts say that the cause is unlikely to be the 2011 nuclear disaster alone. Of the...


Photo: Garry Knight via Flickr

FT/IFC Transformational Business Awards 2014 open for entries

Nominations are open for the Transformational Business Awards 2014, hosted by the Financial Times (FT) and the International Finance Corporation (IFC) and taking place at the InterContinental Hotel on London’s Park Lane on June 12. The event is an evolution of the Sustainable Finance Conference and Awards – which...


Photo: sludgegulper via Flickr

Co-op Group to increase pay and bonuses for senior staff – despite turbulent year

The Co-operative Group, which has faced criticism in recent months for problems in its banking division, is set to be put under further scrutiny after documents revealed its most senior staff will be given pay rises and lucrative bonuses. The news comes after it emerged in February that the...


DVIDSHUB VIA FLICKR

Pentagon warns terrorism could be exacerbated due to climate change

The US Defence Department has suggested that climate instability in the future could lead to global security problems linked to resource scarcity and social unrest which can fuel terrorist activities. In its 2014 Quadrennial Defense Review (QDR), the Pentagon noted that the combination of climate events such as warmer...


Classroom - mexikids via sxc.hu

Teach financial planning in schools to improve economy, says advisory group

Financial education in schools and colleges could boost the UK’s chances of long-term, sustainable economic growth and is key to improving the life chances of young people, the independent financial advisory group deVere has said. The organisation said it noticed the lack in education after attending an event to...


Photo: Kara Harms via Flickr

Good Energy and Jeremy Leggett among winners at Climate Week Awards

Leading renewable energy supplier Good Energy and solar entrepreneur Jeremy Leggett were among the winners at the annual Climate Week Awards this week, which took place at Ecobuild in London on Wednesday. Good Energy was named best business initiative. Meanwhile, Leggett, the chairman of Solarcentury and SolarAid, won the award for...


Photo: Jacinto Correia via stock.xchng

Cut sugar consumption in half, says World Health Organisation

The World Health Organisation (WHO) has launched a consultation on its draft guidelines for country health institutions, which recommend cutting sugar intake by half. The amendment to the previous recommendations, which were that sugars should make up less than 10% of energy intake per day, comes amid ongoing research which...


Photo: TANAKA Juuyoh (田中十洋) via Flickr

‘No tourism if you kill the environment’, Philippines ecotourism conference hears

Tourism professionals have highlighted the crucial role of tourism in helping restructure the Philippines’ economy in the aftermath of Typhoon Haiyan. Delegates at the rescheduled World Ecotourism Conference, which took place at the end of February on the island of Cebu, discussed the marine and coastal impacts of tourism...


Photo: Iain McLean

Renewable energy developer purchases iPad app that ‘visualises’ wind farms

A leading European wind energy developer has become the first company to purchase an innovative mobile application that helps “visualise” turbines on site. VentusAR, which was developed by Scottish technology start-up Linknode, has been bought by German firm ABO Wind. The company is developing wind farms in 10 countries...


Photo: Raphael Pinto via stock.xchng

Government may need a ‘sugar tax’ to fight obesity, says top health official

A leading health official has said that the government may need to introduce a tax on sugar in order to tackle the adverse health effects that products such as chocolate and fizzy drinks are having on public health.  Dame Sally Davies, chief medical officer for England and Wales, told...


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