TopNews

According to a new study, immigrants to the UK have contributed to the improvement of the UK's public finances as they have given more to the state than they have received.

The international study showed that the net fiscal impact of immigrants was at the level of 0.46 per cent of GDP on an average from 2007-09. Paris-based think tank the Organisation of Economic Co-operation and Development or OECD conducted the study to form an opinion on immigration in various countries in the western world.

According to estimates, the UK Treasury could rake in as much as £80billion windfall-form the Shale gas fracking projects in the country.

British Gas owner Centrica has said that it is acquiring a 25 per cent stake in the Bowland project in the North West. Cuadrilla is the other firm involved in the project involving 450 square miles of Lancashire between Blackpool and Preston that could have about 200trillion cubic feet of shale gas as reserves.

Mustard yesterday settled flat as traders avoided to make any fresh buy position due to

Wheat yesterday settled down -0.74% at 1617 tracking weakness in spot demand on account of easy av

CPO yesterday settled down -0.32% at 495.2 as investors remained cautio

Ref.