Storm of controversy engulfs royal yacht proposal
A politician has proposed that the UK should make a £60 million gift to its Queen. In such tough times, many will disagree, but is there something to be said for extravagance?
Poverty-stricken parents give up babies in Greece
Poverty, hunger, families crammed into crumbling houses and, now, babies left on church doorsteps. It sounds like a Victorian novel – but this is happening right now, within the EU.
New recession looms for UK, as bad news piles up
The world's sixth largest economy is on the ropes. There are signs that Britain could be in for its worst ever period of financial hardship, which may be part of a large-scale shift in global...
City boy ‘dreams’ of making money from recession
Financial trader Alessio Rastani has caused outcry with his frank TV admission that he plans to get rich off global financial disaster. Some now call for a radical overhaul of capitalism itself.
High streets in trouble as big names go bust
Major British retail chains are floundering as the recession claims business victims. Shop windows are being boarded up across the country. Is this the death of high street shopping?
Europe on the road to disaster, experts warn
Europe has just approved another €12 billion loan to rescue debt-stricken Greece. Analysts think the country will default, and could push the world economy into a catastrophic depression.
Will workless households feel the benefit?
The government wants to 'make work pay'. Benefit reforms aim to ensure those who take jobs are better off than the unemployed. Is this the end of the 'workless home'?