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World News

UK workers no longer looking forward to retirement

UK people believe retirement as it has been known is generally over.

A BBC Newsnight poll has revealed some 70% of 1,000 asked thought it would not be feasible for them to stop work before living on a pension for up to 30 years.

Tax breaks for business coming from Obama

President Obama is to call for business investment tax breaks.

The president already has a proposal in mind to allow companies to write off new capital spending to allow them to speed up their investment strategies.

Australian prime minister chosen at last

The Australian government has been returned after help from two Independent members, Tony Windsor and Rob Oakeshott.

The pair broke Australia's political deadlock on Tuesday by agreeing to back Julia Gillard, the caretaker prime minister, in a...

New Obama jobs plan involves multiple infrastructure projects

US president Barack Obama has announced his government will spend billions of dollars to build huge infrastructure projects in the country, to create jobs and boost confidence in the American economy.