Link to the article: Channel 4
Last Modified: 15 Mar 2009
By: Tom Clarke
The government's top medical adviser wants to impose a minimum price for alcohol in England.
It could spell the end of cheap alcohol and campaigners hope an end to Britain's binge drinking culture.
Similar proposals have already been published in Scotland and the plan would double the cost of some drinks, but the government does not seem keen.
Sunday, 15 March 2009
Saturday, 14 March 2009
G20 ready to do 'what is necessary'
Link to the article: Channel 4
Last Modified: 14 Mar 2009
By: John Sparks
The world's leading finance ministers agree to drag the global economy out of recession, but real differences remain between Europe and the US.
"The 20 largest economies in the world stand ready to do whatever is necessary for as long as is necessary," agreed the worlds leading finance ministers and central bank governors who met in Sussex today.
But the pledges of agreement to drag the world economy out of recession mask real differences between America and Europe over whether governments need to spend even more than already committed on stimulating their economies.
Last Modified: 14 Mar 2009
By: John Sparks
The world's leading finance ministers agree to drag the global economy out of recession, but real differences remain between Europe and the US.
"The 20 largest economies in the world stand ready to do whatever is necessary for as long as is necessary," agreed the worlds leading finance ministers and central bank governors who met in Sussex today.
But the pledges of agreement to drag the world economy out of recession mask real differences between America and Europe over whether governments need to spend even more than already committed on stimulating their economies.
Friday, 13 March 2009
Australia coast disaster zone
(01:25) Report
Mar 13 - An oil spill that has contaminated parts of Australia's north east coast is feared to be bigger than first thought.
It was originally reported that about 30 tonnes of fuel oil had spilled into the sea when the hull of a cargo ship was pierced by a container washed overboard but it has now emerged the vessel was capable of carrying up to 100 tonnes.
Paul Chapman reports.
Mar 13 - An oil spill that has contaminated parts of Australia's north east coast is feared to be bigger than first thought.
It was originally reported that about 30 tonnes of fuel oil had spilled into the sea when the hull of a cargo ship was pierced by a container washed overboard but it has now emerged the vessel was capable of carrying up to 100 tonnes.
Paul Chapman reports.
Recession resistant foods shine
(01:47) Report
Mar. 13 - Hormel, like the rest of the packaged foods industry, is seeing a boom as cash-strapped consumers try to save money by eating at home.
As the economic downturn hits consumer pocketbooks around the globe, the packaged foods industry is seeing a surge in demand as consumers try to save money by skipping restaurants and eating at home. Ruben Ramirez reports from Austin, Minnesota.
Ruben Ramirez, Reuters, Austin, Minnesota.
SOUNDBITE:
# Jeff Ettinger, CEO, Hormel
# Brian Buhr, Department Head, Applied Economics, University of Minnesota,
Mar. 13 - Hormel, like the rest of the packaged foods industry, is seeing a boom as cash-strapped consumers try to save money by eating at home.
As the economic downturn hits consumer pocketbooks around the globe, the packaged foods industry is seeing a surge in demand as consumers try to save money by skipping restaurants and eating at home. Ruben Ramirez reports from Austin, Minnesota.
Ruben Ramirez, Reuters, Austin, Minnesota.
SOUNDBITE:
# Jeff Ettinger, CEO, Hormel
# Brian Buhr, Department Head, Applied Economics, University of Minnesota,
Recession hits the sports world
Mar. 13 - With the world in the midst of a recession, the sports business is finding out it's not immune to the effects of the faltering economy.
The common denominator says is that many companies are re-evaluating whether underwriting sports events makes sense --given the state of the economy. Jon Decker reports.
SOUNDBITE: Ted Leonsis, owner - Washington Capitals,
Link to business: Reuters Video Channel
The common denominator says is that many companies are re-evaluating whether underwriting sports events makes sense --given the state of the economy. Jon Decker reports.
SOUNDBITE: Ted Leonsis, owner - Washington Capitals,
Link to business: Reuters Video Channel
Jersey no longer a haven?
Link to the article: Channel 4
Last Modified: 13 Mar 2009
By: Rags Martel
Jersey in the Channel Islands signs an accord with the treasury to disclose more financial information, as More4 News reports.
With governments straining for cash, there is a consensus of sorts that action should be taken to clamp down on tax havens.
Many are British or formerly British colonies or islands.
Rags Martel reports.
Last Modified: 13 Mar 2009
By: Rags Martel
Jersey in the Channel Islands signs an accord with the treasury to disclose more financial information, as More4 News reports.
With governments straining for cash, there is a consensus of sorts that action should be taken to clamp down on tax havens.
Many are British or formerly British colonies or islands.
Rags Martel reports.
Interview: Robert Zoellick
Link to the article: Channel 4
Last Modified: 13 Mar 2009
By: Faisal Islam
Robert Zoellick, president of the World Bank, talks to Faisal Islam ahead of next month's G20 meeting in London.
Last Modified: 13 Mar 2009
By: Faisal Islam
Robert Zoellick, president of the World Bank, talks to Faisal Islam ahead of next month's G20 meeting in London.
Strike threat over foreign pay
Link to the article: Channel 4
Last Modified: 13 Mar 2009
By: Bridgid Nzekwu
The GMB union threatens to hold a national strike ballot over foreign workers pay at power plants around the country.
The union claims it has got evidence that foreign workers have been paid less than British workers, something strongly denied at the time of the dispute at the Lindsey oil refinery in Lincolnshire.
Total, which runs the plant, deny the claims.
Last Modified: 13 Mar 2009
By: Bridgid Nzekwu
The GMB union threatens to hold a national strike ballot over foreign workers pay at power plants around the country.
The union claims it has got evidence that foreign workers have been paid less than British workers, something strongly denied at the time of the dispute at the Lindsey oil refinery in Lincolnshire.
Total, which runs the plant, deny the claims.
Thursday, 12 March 2009
Doctors reject chocolate tax plan
Link to the full article: Channel 4 News (PA News)
Last Modified: 12 Mar 2009
Source: PA News
A controversial proposal to campaign for a tax on chocolate to help curb obesity has been narrowly rejected by doctors.
Lanarkshire GP David Walker led calls for an increase in chocolate prices as a way of tackling weight-related conditions like diabetes.
But delegates at a British Medical Association (BMA) conference in Clydebank, West Dunbartonshire, voted down the plan by just two votes.
Dr Walker described chocolate as a "major player" in problem weight-gain and its associated conditions including high blood pressure and joint pain.
But food industry leaders said such a proposal would result only in lighter wallets, not smaller waists.
The Food and Drink Federation said the tax would be a "bureaucratic nightmare".
Spokesman Julian Hunt said: "Introducing regressive taxes on the foods that consumers love would result only in lighter wallets, not smaller waists - particularly as we already have to pay VAT on all our chocolate purchases.
"There is no evidence to suggest that such 'fat taxes' would actually work in reality.
Other Related Articles;
Times Online - Support A Tax on Chocolate... (15.03.09)
BBC News (Video) - GP's Vote Against 'Chocolate Tax' (12.03.09)
Chocolate defies credit crunch
(01:49) Report
Mar. 12 - Chocolate lovers cheer themselves up with the ultimate affordable luxury.
Consumers are buying more chocolate this year than last, according to one London store.
They are reporting sales of chocolate up by 80 percent and an increase of 30 percent in other confectionery.
Hayley Platt reports.
SOUNDBITES:
# Ewan Venters, Food and Restaurant manager, Selfridges.
# Vox pops from chocolate lovers.
Mar. 12 - Chocolate lovers cheer themselves up with the ultimate affordable luxury.
Consumers are buying more chocolate this year than last, according to one London store.
They are reporting sales of chocolate up by 80 percent and an increase of 30 percent in other confectionery.
Hayley Platt reports.
SOUNDBITES:
# Ewan Venters, Food and Restaurant manager, Selfridges.
# Vox pops from chocolate lovers.
Darling vows to 'get tough with banks'
Link to article: Channel 4
Last Modified: 12 Mar 2009
By: Jon Snow
Chancellor Alistair Darling tells Jon Snow that he plans to use the national and international banking regulators to keep banks in check.
In an interview with Jon Snow, the chancellor said -
"I'd also like to see another measure, which would give regulators a backstop power when times are good, not just to make sure that banks have enough capital to meet the downturn if one comes, but also a backstop power to stop banks from over-stretching themselves - because that is one of the problems we have had to face.
Last Modified: 12 Mar 2009
By: Jon Snow
Chancellor Alistair Darling tells Jon Snow that he plans to use the national and international banking regulators to keep banks in check.
In an interview with Jon Snow, the chancellor said -
"I'd also like to see another measure, which would give regulators a backstop power when times are good, not just to make sure that banks have enough capital to meet the downturn if one comes, but also a backstop power to stop banks from over-stretching themselves - because that is one of the problems we have had to face.
Madoff 'deeply sorry and ashamed'
Link to the article: Channel 4
Last Modified: 12 Mar 2009
By: Channel 4 News
Bernard Madoff pleads guilty to charges he orchestrated the biggest financial swindle in Wall Street history.
The former financier is charged with cheating investors out of billions of dollars in a fraud whose magnitude shocked the public and drew demands for stricter regulations.
"I cannot adequately express how sorry I am for what I have done," the gray-haired 70-year-old Madoff said as he pleaded guilty to 11 criminal charges.
Last Modified: 12 Mar 2009
By: Channel 4 News
Bernard Madoff pleads guilty to charges he orchestrated the biggest financial swindle in Wall Street history.
The former financier is charged with cheating investors out of billions of dollars in a fraud whose magnitude shocked the public and drew demands for stricter regulations.
"I cannot adequately express how sorry I am for what I have done," the gray-haired 70-year-old Madoff said as he pleaded guilty to 11 criminal charges.
Wednesday, 11 March 2009
A recession start up company?
(02:12) Report
Mar. 11 - The timing was actually perfect for a handbag designer who launched a business just as the recession began.
Jane Marvel's handbags appeal to fashion conscious women who no longer want to spend thousands on high end designer handbags. The start up is hoping its eco-friendly vegan designs can eventually reach a mass consumer looking for value and style. Bobbi Rebell reports. SOUNDBITE: Jane Saidenberg, CEO, Jane Marvel
Mar. 11 - The timing was actually perfect for a handbag designer who launched a business just as the recession began.
Jane Marvel's handbags appeal to fashion conscious women who no longer want to spend thousands on high end designer handbags. The start up is hoping its eco-friendly vegan designs can eventually reach a mass consumer looking for value and style. Bobbi Rebell reports. SOUNDBITE: Jane Saidenberg, CEO, Jane Marvel
Car industry 'open for business'
Link to the article: Channel 4
Last Modified: 11 Mar 2009
By: Siobhan Kennedy
As the government launches its £2.3bn rescue package for the car industry, Siobhan Kennedy reports from the West Midlands on some of those hit hardest by the recession.
Toyota has announced it will cut working hours and pay by 10 per cent at its UK plants, from next month.
Meanwhile at Jaguar Land Rover there was some good news - a government grant to help produce an eco-friendly vehicle.
But it is little compensation for the car maker. A slump in sales means it has already reduced production, which is having a knock-on effect on suppliers.
Last Modified: 11 Mar 2009
By: Siobhan Kennedy
As the government launches its £2.3bn rescue package for the car industry, Siobhan Kennedy reports from the West Midlands on some of those hit hardest by the recession.
Toyota has announced it will cut working hours and pay by 10 per cent at its UK plants, from next month.
Meanwhile at Jaguar Land Rover there was some good news - a government grant to help produce an eco-friendly vehicle.
But it is little compensation for the car maker. A slump in sales means it has already reduced production, which is having a knock-on effect on suppliers.
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