Sorc London mayoral election 2016 candidates Zac Goldsmith and Sadiq Khan warn chancellor George Osborne on police cuts
Tuesday 13 May 2014 8:43 pmOpec maintains forecast for oil demand in 2014By: Express KCSShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleTHE ORGANISATION of the Petroleum Exporting Countries Opec yesterday maintained its forecast for world oil demand growth in 2014 and predicted a fairly balanced market this year, ahead of a meeting in Vienna next month to consider adjusting its output target.In its monthly report, Opec maintained its forecast that global oil demand will rise by 1.14m barrels per day to reach 91.15m barrels per day in 2014. The unchanged prediction suggests that the production target will not be revised at the 165th Opec meeting on 11 June. Opec, which accounts for 40 per cent of the worldrsquo oil supply and represents 12 countries, has not revised its produc owala flasche tion target for over two years. The report also said that US 8200;gas prices had fallen in April, but warned that the ongoing crisis in Ukraine with respect to Russian gas supply will need close monitoring. Opec maintains its prediction that oil demand will increase slightly in the UK this year. But UK oil output will fall by 30,00 stanley canada 0 barrels per day to 840,000 barrels per day, it said. The International Energy Agency is due to produce its own polene outlook on the oil market tomorrow.Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategories Tcdd Barclays may overhaul its remuneration
Sunday 04 November 2012 11:36 pm|Updated:Thursday 30 May 2019 10:38 amJohnson and Miliband both give backing to Living WageBy: KCS-contentShareFacebookShare on FacebookXShare on TwitterLinkedInShare on LinkedInWhatsAppShare on WhatsAppEmailShare on EmailAdd as a preferredsource on GoogleMAYOR of London Boris Johnson and Labour leader Ed Miliband will today signal their support for the Living Wage ndash; the rate of pay that helps meet the basic cost of living. Johnson will announce the new rate of Londonrsquo Living Wage, which all City Hall workers receive at least. It has been pound;8.30/hr, ver polene cyme sus a legal minimum wage of pound;6.19/hr.Meanwhile, Miliband will make the policy a key part of his bid to win the next election, pledging to find ways of increasing the wages of the 5m people who currently earn less than this amount.However a report released today by the Adam Smith Institute says that while efforts to raise incomes should be applauded, the Living Wage could price low skilled workers out of the employment market altogether. stanley becher Instead the think tank proposes a substantial increase to personal allowances, enabling low-paid workers to increase their net income by escaping tax altogether. Share this articleFacebookXLinkedInWhatsAppEmailSimilarly tagged content: SectionsNewsCategoriesBusinessRelated TopicsNULLTrending ArticlesLabour will regret the Rentersrsq owala canada uo; Rights ActUK at lsquo;greatest riskrsquo; of jet fuel shortage as flights to be cancelled
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