South West Water today confirmed its reservoirs are ready to cope with the millions expected to head west this summer and it expects no water restrictions for the 17th consecutive year.
That's good news ahead of the first May Bank Holiday, which tourism chiefs are hoping will be the first of many sun-baked weekends. Eight million tourists visit the region every year, raising the demand for water by up to a third during the busiest weeks.
Total storage in the region's 21 reservoirs now stands at 94.7% - with five completely full - compared to 88.5% at this time last year....
The productivity gap that has puzzled economists during the UK’s long-running economic downturn has largely been avoided by the South West, according to a new study.
Professor James Mitchell , of Warwick Business School, has used figures from the Office of National Statistics and then updated them to give a “nowcast” of each region in England.
The Professor of Economic Modelling and Forecasting found that the gap between employment in the North East and real Gross Value Added (GVA), relative to their pre-crisis levels, stood at between 15 and 20 per cent. This indicates...
Moody's Investors Service is the first to cut the UK's top AAA credit rating down a notch to Aa1, based on its expectation that growth will "remain sluggish over the next few years".
Moody's said that the UK's huge debts were unlikely to reverse until 2016 and that the country's debt reduction programme faced "challenges" ahead.
Fellow agency Standard & Poor's in December became the last of the three main rating agencies to put the UK's top AAA rating on "negative outlook" and said it may lower its rating if the UK's economy worsened.
BRUSSELS (AP) — Everyone's drawing lines in the sand, but the leaders are so far apart they might as well be on different beaches.
The European Union heads into a critical summit Thursday to hammer out a €1 trillion ($1.28 trillion) budget through 2020 — and it promises to be one of its most bitter fights in years.
Finding hard cash to prop up European unity has become a political quagmire for leaders facing angry, crisis-weary citizens at home. Complicating the task is that any one of the member states can veto a deal, giving each tremendous negotiating clout, with even...
