New economic crash fears as British families run £40bn deficit

British families are on course to spend £40bn more than they earn this year, fuelling fears that the country’s economic growth is based on soaring levels of debt and could easily collapse. The forecast by the independent Office for Budget Responsibility (OBR) led to warnings that the UK could be heading towards a credit crunch similar to that of 2008 because of unsustainable levels of borrowing and household spending. Five years ago UK households were firmly in the black, running a Read more [...]

The ‘effluent’ life: house from Kath & Kim for sale

A property listing which could only be described as “noice, different and un-ewes-ual” has hit the market, giving buyers the chance to secure a piece of Australian television history.  The townhouse featured in the hit television series Kath Kim has been listed for sale and holds a secret that fans may be unaware of. “Chateau Kath”, where four seasons of the award-winning series were filmed, is, of course, just a short trip in the Barina from the famed Fountain Gate shopping Read more [...]

Investors snub first US-listed Chinese P2P platform

As the first Chinese peer-to-peer (P2P) lending platform to go public in the United States, Yirendai drew a lukewarm response during its first day of trading on Friday, with shares slumping by as much as 16.5 percent down to $10 apiece on its debut day.Yirendai shares were dumped by some investors because the unregulated P2P market environment and severe crisis of confidence pose great risks in the industry, a security analyst said, according to a Sohu Read more [...]

Affluenza teen Ethan Couch’s mother Tonya is listed as missing

Tonya Couch is believed to have gone on run with son Ethan, 18The teenager was given 10 years in probation in 2013 for killing four peopleHe went missing on December 11 before cops issued a juvenile warrant   His attorney said his privileged upbringing was the reason for the crash US Marshals have placed a $5,000 reward for information on his location   By Wills Robinson For Dailymail.com Published: 20:43 GMT, 21 December 2015 | Updated: 03:03 GMT, 22 December 2015 Read more [...]

Work to start on Newsome Mills after seven years of decay

A part of Huddersfield’s industrial heritage - labelled a “Sleeping Giant” - could be about to get a new lease of life. Developers wanting to convert the Newsome Mills site into a residential project have indicated that work is due to commence in 2016. The firm cannot give a precise date but it will mean an end to seven years of campaigning for the former mill to be regenerated. Read more: Huddersfield urban explorers capture spectacular images from town's deserted buildings Read more: GoPro Read more [...]

‘Affluenza’ Texas teen’s mom listed as missing, search on for truck

(Reuters) - The mother of a Texas teenager whose defense in his fatal drunken-driving crash was "affluenza" has been declared a missing person as authorities search for her son, a sheriff said on Monday. Tonya Couch, 48, may be with her son, Ethan, 18, the Tarrant County Sheriff's Office said in a statement. Ethan Couch is being investigated for violating the probation imposed in the 2013 fatal crash. Tonya Couch is listed as missing in U.S. Read more [...]

Top Gear’s famous Vauxhall Astra test track car on sale for £8100

Vauxhall Astra used as reasonably-priced car on Top Gear for sale on eBayStars Will Smith, Ed Sheeran and Jimmy Carr all raced the 2013 red AstraA bidding war among 11 people has so far raised the price of car to £8,100The car is being sold to raise money for automotive industry charity BEN By Sam Tonkin For Mailonline Published: 19:08 GMT, 21 December 2015 | Updated: 21:40 GMT, 21 December 2015 Read more [...]

Race Asks for Some Prize Money Back, Then Changes Its Mind

After speaking with Runner's World last Monday, reviewing the discussion about the matter on the LetsRun message board, and reflecting further, Nichols decided to let the runners keep the money. In order to prevent his organization, the Surfing Madonna Oceans Project, from taking a financial hit, he decided to repay the $9,500 out of his own pocket.Ambiguous WordingNichols advertised that the race would give out $15,000 in prize money (including masters, team, and costume awards, which were not Read more [...]

Nike Women’s Half Marathon Series Drops San Francisco Race for 2016

Nike did not provide an explanation for the change or an expected announcement date for next year’s events. There are currently no 2016 events listed on the series’ website.The San Francisco event that drew more than 25,000 participants at its latest race on October 18 was the first in the Nike Women’s Half Marathon series, which also hosted races in Washington, D.C., and Toronto. The Washington, D.C., race was canceled in January ahead of its April 2015 running, and the Toronto race, a 15K Read more [...]