neallesh@yahoo.co.uk

neallesh@yahoo.co.uk
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John Coughlin was facing several sexual misconduct allegations, including two from minors, before suicide: report

John Coughlin, a former two-time U.S. pairs figure skating champion who committed suicide last week, was reportedly facing several allegations...

Calander

Shrinkflation: Bread and breakfast cereals most affected

Image copyright View Pictures Bread and breakfast cereals are the most likely to be affected by shrinkflation, whereby a product shrinks in size but its price doesn't. The Office for National Statistics (ONS) studied the price of 17,000 items between September 2015 and June 2017. It found 206 products in all categories shrunk in size, while 79 increased. The Brexit vote sparked a fall in the pound and a rise in the price of imports. But the ONS said this did not lead to a pick-up in shrinkflation. "There was no trend in the frequency of size changes over this period, which included the EU referendum," the UK statistics body said. Biscuits and chocolates take the shrinkflation testAmong bread and cereals the ONS found 36 cases of shrinkflation. The next two categories with the largest number of shrinkflation cases were meat and confectionery. But most categories also saw some products increase in size. There were 18 increases in size among the bread and cereal category, and 13 ..

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IMF warns trade tensions could hit growth

Image copyright Getty Images Image caption US-Chinese trade tensions could exacerbate the global slowdown The International Monetary Fund has warned that escalating trade tensions could undermine global economic growth. In a new report on the world economic outlook, the IMF also warns of risks from a no-deal Brexit. For the world economy, the IMF is now predicting growth of 3.5% in 2019. In October, it forecast 3.7%. For the UK, the report predicts growth of about 1.5% this year and next, but it also says there is substantial uncertainty around that figure. The global figure represents weaker growth than last year. Tariff increases imposed by the Trump administration in the US and its counterpart in Beijing have already contributed to a previous downgrade. The IMF also expects China's slowdown to continue. The forecast for this year and next is 6.2%. In this new assessment, there are revisions for the developed economies, particularly the eurozone. That reflects disruptions..

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