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Traders splash £5 billion betting against the euro as the single currency falters amid debt crisis

Hedge funds are taking out huge short positions on the euro in the expectation that debt concerns will push the currency down against the U.S. dollar. Continue Reading -
Traders make record £5bn bets against euro as single currency falters

Market players have staked almost £5billion on declines in the value of the currency, the largest ‘short position’ since it was launched. Continue Reading -
Married couples pay a third more tax in Britain than other OECD countries

The proportion taken from middle-income families has more than doubled in 40 years, despite having stayed the same for single people, a report reveals today. Continue Reading -
Poor hand-grip strength associated with poor survival
Poor or declining hand-grip strength in the oldest old is associated with poor survival and may be used as a tool to assess mortality, found a new article. The fastest growing segment of the elderly population is the group older than 85 years, classified as the oldest old. Continue Reading
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Like escape artists, rotifers elude enemies by drying up and — poof! — they are gone with the wind
They haven’t had sex in some 30 million years, but some very small invertebrates named bdelloid rotifers are still shocking biologists — they should have gone extinct long ago. Researchers have discovered the secret to their evolutionary longevity: these rotifers are microscopic escape artists. When facing pathogens, they dry up and are promptly gone with the wind. Continue Reading
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Workers looking at pay freeze for another year despite signs of inflation

Workers will face a second year of having their pay frozen even though inflation is starting to increase, a new report predicted today. Continue Reading -
Now crisis-hit Toyota is poised to recall 270,000 Prius models over braking fears

Toyota has already recalled eight million cars worldwide over two separate accelerator problems. Continue Reading -
Greek bailout could hit £26bn, warn economists

A meeting of the G7 group of leading economies concluded that the EU stands to foot the bill to stop the Greek debt crisis dragging the euro down even further. Continue Reading -
Greek bailout could hit £26bn, warn economists

A meeting of the G7 group of leading economies concluded that the EU stands to foot the bill to stop the Greek debt crisis dragging the euro down even further. Continue Reading -
Universities face slashing 15,000 jobs and raising entry standards after Mandelson’s £499m cut

The majority of the positions lost would be academic which will force institutions to ditch courses and close campuses, the University and College Union (UCU) said. Continue Reading -
Industrial cleaner linked to increased risk of Parkinson’s disease
Workers exposed to tricholorethylene, a chemical once widely used to clean metal such as auto parts, may be at a significantly higher risk of developing Parkinson’s disease, according to a new study. Continue Reading
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Alleged Keira Knightley Stalker Arrested in London
Some fans, an actress just doesn’t need.
A 41-year-old man was arrested in London on Thursday on suspicion of harassment, after allegedly stalking Pirates of the Caribbean beauty Keira Knightley.
Police arrested Polish national Marek Daniluk after a bystander, concerned by Daniluk’s bizarre behavior while hanging outside the West End’s Comedy Theatre, called the police. Knightley is currently starring in a production of Moliere’s The Misanthrope at the theater.
The 24-year-old actress apparently has an unfortunate habit of drawing obsessed fans. Daniluk is believed to be the sixth person to allegedly stalk Knightley throughout her career.
Daniluk is scheduled to go on trial on… Continue Reading -
Taxpayers face paying £2,500 more in Inland Revenue coding fiasco

Millions could lose out due to a computer error – while company cars or private health insurance could be taxed twice. Continue Reading - All Recent Articles