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Ambitious airport plans in Birmingham revealed
Jun. 10 | The recent proposal to turn Birmingham Airport into a hub which would enable it to carry more passengers and, along the way, handle more flights than Heathrow, is going to be revealed on Monday, June 10, 2013. The blueprint would clearly portray a modernized,...
Cable and Wireless Communications shift to Florida from UK
May. 23 | According to reports published on May 23, 2013, Cable and Wireless Communications finally decided to shift their place of operation from UK to Florida after 140 years of its service. The company, which earned a full-year pre-tax profit of $35 million...
British Airways looking to replace section of ageing fleet
Apr. 23 | British Airways is looking to retire around 30 Boeing 747-400s and is planning on bringing in 18 new Airbus A350s in their place. This change is being brought about so that the airline can successfully phase out the ageing Boeing fleet. The news was announced...
UK property prices on the rise as sales reach 3-year peak
Apr. 10 | The Royal Institution of Chartered Surveyors (RICS) said that the number of homes sold in the U.K. have been on the rise. The gain of confidence from the market has translated into completed sales and according to the surveyors, it had reached a point...
BBC Television Centre to be rented back after incredulous sale
Apr. 1 | BBC’s decision of the closure and sale of the Television Centre has been proved as a blunder on their part, as the corporation will now have to lease back a significant part of the structure, that will cost them 3 million pounds a year. Critics have...
Bank of England could reveal a £60 billion funding gap soon
Mar. 27 | The Bank of England is set to put out its views on the strength of its its finances soon and various banks in Britain are expected to be told that they could be potentially facing a capital shortfall amounting to £60 billion. In November 2012, the Financial...
Budget day reveals increase in jobless rate
Mar. 20 | Thousands of young people from around the country have been joining dole queues, as the rate for unemployment has steadily gone up. This is the first rise that has been noted in a year, even as chancellor George Osborne delivers the Budget to the House...
Los Angeles to host art museum merger?
Mar. 9 | The Los Angeles County Museum of Art (LACMA) has once again proposed for merger with the Museum of Contemporary Art in Los Angeles (MOCA). The MOCA has been battered with criticism in recent months, for defections of board members and precarious finances. The...
Potential home owners will need to shell out more in 2013 as prices rise
Mar. 2 | For the second time in 2013, the average price of buying a house in the UK rose by 0.2 percent in February 2013, after a 0.5 percent rise in January 2013. The average cost of a home in the UK now stands at 162,638 pound sterling, which had remained unchanged...
