Justin King, the chief executive of Sainsbury's, will state this week that the nation's high streets have become a 'poor second' to out-of-town supermarkets. After days of dire warnings and threats of rebellion, parliament began debating the bill setting out 3.3 billion euros ($4.35 billion) in wage, pension and job cuts as the price of a 130-billion-euro rescue package from the European Union and International Monetary Fund - Greece's second since 2010. Greece needs the funds before March 20 to meet debt repayments of 14.5 billion euros. Bosses at the Government quango, which works to protect consumer rights, racked up the £80 taxpayer-funded bill at Hooters, famous for its busty waitresses who wear hotpants while serving customers. Accusations have emerged that when Yale University (pictured) offered refuge to 125 children of Oxford university staff during World War Two, there was a sinister motive behind their seemingly kind offer. They may have extended the invitation because they planned create a race of intellectually superior children.The High Street has failed... we should find better ways to use empty stores, says Sainsbury's boss
Fury of the Athens mob as MPs prepare to endorse hated austerity measures package to stop Greece dropping out of the eurozone
Sunday, 12 February 2012
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