economy
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage,… Read more »
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by Peter Wozniak The government’s push for deficit reduction will lead to public unrest on the same scale as during Margaret Thatcher’s failed attempt to introduce a poll tax, the Trades Union Congress has argued. Kicking off a campaign to oppose the coalition’s spending cuts at the grassroots level, the TUC implied that the government’s… Read more »
By Alex Stevenson Vince Cable has responded with caution to the appointment of “casino” banker Bob Diamond as Barclays’ next chief executive. The business secretary’s note of concern came a day after the 59-year-old American, who is thought to be worth over £90 million, was unveiled as John Varley’s successor for one of the City’s… Read more »