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Where do UK taxes go?

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The UK government spent £711 billion of taxpayers’ money last year, but where did it all go? The largest share, at almost a quarter, went on ‘welfare’, with a total sum of £173 billion. Next up was ‘health’ with £144 billion being spent. …

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The most hated clothes in the UK

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Speedos are great for swimming, but your average man on the street doesn’t really have the skills to look good in them outside of a swimming pool. This sentiment has also been quantified as part of a recent YouGov survey in Great Britain. …

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Starbucks Brings Mobile Payment to the Masses

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Thanks to the fact that most of today’s smartphones are technically capable of making in-store mobile payments and more and more merchants are getting on board, mobile payment adoption is on the rise. According to eMarketer’s latest estimates, 55 million Americans aged 14 and …

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The Houthi Missile Threat To Saudi Arabia

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  In recent weeks, Houthi rebels in Yemen have escalated their missile attacks on Saudi Arabia with Iranian support. This week marks the third anniversary of Saudi intervention in Yemen’s civil war and it was marked by a major ballistic missile attack on Saudi …

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Wall Street Bonuses Reach Pre-Crisis Levels

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  According to estimates by New York State Comptroller Thomas DiNapoli, the average bonus paid to securities industry employees in New York City went up 17 percent last year to $184,200. That’s a level not seen since before the financial crisis. It’s …

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