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It was a far bolder speech than I expected from the PM to the capital of capitalism. He described himself as a “monetary radical”, which is a reference to the £275 billion of QE, and presumably the soon-to-be launched credit easing policy. It was a contrast with the European Central Bank and its lack of bazooka.
With retail sales rising in the run-up to Christmas, Channel 4 News looks at the high street victims of the economic downturn.
“How can you calculate the long-term returns on the Olympic facilities when you don’t know whether a newly-built stadium will turn out to be a popular sports centre or the next Millennium Dome?”
No sooner was she sworn in – than Jamaica’s new prime minister declared she wants to drop Her Majesty the Queen as head of state and cut all colonial-era links.
Britain faces a difficult year in 2012, says the prime minister in his new year’s message – but he pledges the coalition government will do “everything it takes” to get the country up to strength.
Nick Clegg is feeling gloomy about 2012, warning that it will pose “many great challenges” for everyone in Britain. Do you agree with him – or are there reasons to be cheerful?
Alex Thomson
At this point I suddenly see I appear to be in front of the Queen: Long, navy-blue satin glove is proffered. By her, not me. I feel someone ought to say something and sense she’s not going to start the party.
Could the Maypole be facing the chop? With the government considering a new bank holiday later in the year, Channel 4 News fans on Twitter and Facebook have been busy suggesting where it should go.
The 1970s get a bad press. Economic ruin, union strife, racism, Jimmy Savile, embarrassing music – the list is endless. But was this decade really as bad as it’s portrayed?
The Queen poses for the cameras in a pair of special glasses ahead of the first ever Christmas day message broadcast in 3D.
The company which caused a furore after its Jubilee stewards ended up sleeping under London Bridge is supplying fire safety staff to the Olympics.
It’s not just savers who can no longer live off paltry savings income. The retirement annuity industry has been hit by a fall of 20-30% in the annual income that pensioners will be obliged to live off for the rest of their lives.