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Economy

Energy-efficient home owners to pay less council tax

Suggestions have been made by the UK Green Building Council that the changes must be funded by making owners of inefficient homes pay more. Energy-efficient homes must pay less for their council tax and stamp duty to force take-up of…

Pepsi tested positive for traces of carcinogen

Beverage manufacturing giant Pepsi might be in a very big trouble. On July 3, 2013, one environmental group claimed that the caramel coloring which is used in Pepsi has a concerning level of carcinogen. The extremely-high level was found even…

Nissan announces addition of 900 jobs in Smyrna

Local officials have a reason to celebrate as the Japan-based motor company Nissan announced on June 27, 2013 that it would add 900 more jobs to build the Rogue at the Smyrna factory. Mark O’Neal, manager of the Smyrna factory…

Unemployment takes charge in South Florida

In recent times it has been noticed that the unemployment increased in both Palm Beach and Broward counties, especially during May 2013 and it moved up to 5.7 percent in Broward, from 5.6 percent in April 2013. Meanwhile, in Palm…

Online shopping and huge discounts increase sales in UK

It seems like the people of Great Britain have been going crazy during their shopping sprees, spending more money than ever. It was found that the UK customers were spending more in May 2013 than since records began. The online…

Coca-Cola Enterprises warns of upcoming tough conditions

Soft drinks manufacturing giant Coca-Cola Enterprises has warned of weakness in its second quarter. The European bottler has warned of handful of headwinds which have tempered the results. The company said that it will update its outlook for the rest…

Global carbon emissions increased to a record high in 2012

On June 10, 2013, the International Energy Agency said that the world’s energy-related carbon dioxide emissions have  increased 1.4 percent in 2012, reaching a record high of 31.6 billion tons. On the other hand, the US has posted its lowest…

Consumer spending falls in April 2013

On May 31, 2013, a government report found that consumers pulled back on spending in the month of April 2013, as their income remained steady. The report mentions that spending decreased 0.2% in April 2013 when it was adjusted for…

International tax action demanded by Republic of Ireland

A politician from the Republic of Ireland says that the international community must work together in order to stop large multinational firms that use cross-border tax loopholes. Richard Bruton, Enterprise minister, said that they play the tax codes one against…

Discretionary spending not increased despite low gas prices

Recent survey report has revealed that the gas prices in the US have slightly gone down in 2013, but this is not leading to a large consumer spending. It was noticed that about 80% of the 1000 people who were…