John Baldwin

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Access to energy

SOME 1.7 billion people gained access to electricity, and 1.6 billion to modern fuels for household cooking between 1990 and 2010. The world's …

Airport Wi-Fi charges revealed

Aberdeen, Birmingham, Edinburgh and London City airports each provide air passengers with limitless internet access free of charge – but 21 others, including the country’s five busiest, do not.<p>The study, by the website Airport Parking and Hotels, found that the most expensive hourly charges are …

Luxury Lifestyle

Aldi's own brand tea beats Harrods to become UK favourite

Aldi’s own label fruit and herb tea, costing £1 for 40 bags, has beaten Harrods £6 version to be crowned best in UK.<p>Despite being six times the price and sold in one of the most exclusive stores in the country, Harrods “Green Tea with Bergamot” was beaten by the “Diplomat Fruit & Herb Tea” …

Aldi

Wine tasting notes: red Bordeaux

Three excellent red Bordeaux wines, for every budget.<p><b>2010 Tesco Finest Château Le Barrail, Médoc £7.99</b><p>The overall quality of everyday Bordeaux has never been higher, yet the region’s traditional, elitist image holds it back – claret could do with an injection of hip. A shame because when they get …

Questor share tip: Sirius hits another milestone

Sirius has signed more offtake agreements for its York Potash Project. Questor says hold.<p><b>Sirius Minerals<br>25½p-¼<br>Questor says HOLD</b><p><b>Wood Group (John)</b><p>Sirius Minerals, the company that is attempting to open a fertiliser mine near Whitby in North Yorkshire, reached another important milestone yesterday.<p>The …

Rising cost of living drains retirees' savings

Inflation and debt have eroded over-55s' savings by 33pc in less than a year, draining their potential pension pot.<p>Over-55s have been warned that they will struggle in retirement as the cost of living erodes their savings pot. According to the Aviva Real Retirement report, those approaching …

Boris Island airport 'would close Heathrow'

Heathrow would have to close if a major new airport were developed at Stansted or in the Thames Estuary, with potentially "massive" implications for local jobs and businesses, a think tank has claimed.<p><b>In a report</b> addressing Britain's air transport capacity crisis, the Independent Transport …

New BoE chief Carney will devalue sterling, Pimco warns

Mark Carney will try to devalue the pound by as much as 15pc after he takes over as Bank of England Governor in July in a last ditch attempt to cement the UK recovery, Pimco, the world’s largest bond house, has warned.<p>Growth in Britain is going to remain “challenged” for the next three to five …

Nine more countries sign deal to clampdown on tax avoidance

Nine more countries have signed up to a tax deal which will see them exchange information in a bid to clamp down on individuals and businesses using offshore accounts to avoid paying tax.<p>Austria, Luxembourg and Singapore were among those to sign the agreement today at the Organisation for Economic …

Boris Johnson unveils plan for £1bn Chinese business district

Boris Johnson, the Mayor of London, has unveiled a £1bn project to turn the capital’s docklands into a Chinese business district, creating 20,000 jobs and strengthening UK ties with one of the world’s largest economies.<p>The 35-acre site at Royal Albert Docks will be transformed by ABP China Holding …

Boris Johnson

Today is 'tax freedom' day

Workers have spent every day so far this year working for the taxman.<p>Employees start to see their earnings go into their own pockets rather than to the Government from Thursday, low-tax campaigners said.<p>The Adam Smith Institute declared May 30 "Tax Freedom Day" – a day later than last year and the …

Cash payments falling in the UK as shoppers move online

The use of cash to buy products in the UK has fallen into sharp decline as online shopping grows in popularity.<p>British shoppers did 10pc less of their shopping with cash in 2012, according to the British Retail Consortium’s survey of 10bn payments last year.<p>Cash still accounts for 54pc of …

British house prices are '31pc too high' - OECD

The UK's property market is the eighth most over-valued, according to the Organisation for Economic Cooperation and Development.<p>A study by the OECD, which compared prices with local wages and rents, suggests Belgium, Norway and Canada are the most expensive markets compared with their own long-term …