Enjoy the scenic beauty of New England in autumn and shed those kilos

Here’s a novel way to enjoy autumn in New England: While the trees are dropping their leaves, you can be shedding some pounds. Activate the health app on your iPhone, don a light jacket, unleash your inner multitasker; and you’re good to go. Powered by the same GPS technology your phone’s map uses to give you directions, the app will tell you not only how many miles or kilometers you’ve covered but exactly how many steps you took. If you’re a fitness geek, Fitbit, Garmin and other trackers can give you more…

Read More

Bank of England sticks with rate cut signal despite Brexit bounce

The Bank of England said on Thursday it was still likely to cut interest rates to just above zero later this year, even though the initial Brexit hit to Britain’s economy was proving less severe than it had predicted only last month. The BoE’s rate-setters voted unanimously to keep Bank Rate at 0.25 percent, the lowest level in the BoE’s 322-year history, after cutting it in August for the first time since 2009 to tackle the shock of Britain’s vote to leave the European Union. Policymakers also voted 9-0 to…

Read More

Bank of England set to cut rates as survey flags sharpest UK downturn since 2009

Britain’s economy is shrinking at its fastest rate since the financial crisis after last month’s Brexit vote, making a Bank of England rate cut on Thursday a “foregone conclusion”, a closely watched survey of businesses showed. Financial data company Markit said its monthly all-sector Purchasing Managers’ Index chalked up the steepest month-on-month decline on record after big falls in activity at private-sector services, manufacturing and construction firms. “The unprecedented month-on-month drop in the all-sector index has undoubtedly increased the chances of the UK sliding into at least a mild recession,”…

Read More

Tuition fees give England universities surplus worth £1.8bn

First full cohort paying £9,000 fee bolsters balances while Open University has £7m deficit due to fewer part-time students The University of Oxford had a larger surplus than Scotland’s entire university sector. Photograph: Alamy Universities in England accrued record operating surpluses worth nearly £1.8bn last year, as their bank balances were filled by the first full cohort of students paying the £9,000 tuition fee. The rise in university income in England outstripped those of their counterparts in other parts of the UK, with the University of Oxford boasting a larger…

Read More