International Monetary Fund DOWNGRADES its forecast for the UK economy and says it won’t return to pre-pandemic levels for at least a YEAR amid second wave and Brexit chaos as Rishi Sunak warns Britain must balance the books Rishi Sunak today stressed importance of the Government balancing the books The International Monetary Fund issued pessimistic … Read more
Dig out your woolly jumpers! Britain braces for sub-zero temperatures with frost, fog and wintry showers forecast for the rest of the month There will be some chillier nights coming up as we head into the autumn months with temperatures dipping Temperatures could plummet to minus 2 degrees during the coming weeks as frost and … Read more
5G mobile networks could interfere with signals from weather satellites in the neighbouring frequency band leading to forecasting errors, study warns US researchers modelled the impact that ‘5G leakage’ would have on forecasting They used a tornado outbreak from February 2008 as a case study for modelling Interference would have thrown off precipitation forecasts by … Read more
Chemring boosts profits outlook after strong orders for military technology and electronic combat systems Just over £450million in orders was received by the Romsey-based business Chemring has borrowed £50m from the Covid Corporate Financing Facility CEO Michael Ord: ‘We have good momentum as we near the end of FY20’ By Harry Wise For This Is … Read more
Property prices across the country are set to continue falling over the next couple of years despite Chancellor Rishi Sunak’s stamp duty cut, new research suggests. The Centre for Economics and Business Research has predicted that house prices will fall by 5 per cent this year and a further 10.6 per cent in 2021. The CEBR … Read more
Property sales will slump more than previously expected and remain subdued into next year, estate agent Savills has warned, as it issued new house price forecasts. Savills said it expected UK house prices to fall by about 7.5 per cent this year across the UK, with property values recovering at different rates of growth. While … Read more
Income investors face a 16 per cent drop in dividends from Britain’s top companies this year as they attempt to weather the Covid-19 crisis, a new forecast shows. Nearly half of FTSE 100 firms have now cut or suspended shareholder rewards as the coronovirus pandemic takes a dramatic toll on business activity. The other half … Read more
‘I didn’t realise they’d expect me to do the music too!: Hilarious moment BBC weatherman Owain Wyn Evans plays his own theme tune on his drum kit after presenting forecast from home Owain Wyn Evans, 36, posted the video of him drumming this morning The weatherman finishes a report and plays the drums for the … Read more