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Bank of England: No-deal Brexit not as bad as we thought

Bank of England: No-deal Brexit not as bad as we thought

Business
The negative impact of a no-deal Brexit will not be as severe as originally thought because of improved planning by the government, businesses and the financial sector, the Bank of England has said.Governor Mark Carney told the Treasury select committee that the Bank now believes GDP will fall by 5.5% in the worst-case scenario following a no-deal Brexit - less than the 8% contraction it predicted in last November. The Bank's revised assessment of the possible scenarios also says unemployment could increase by 7% and inflation may peak at 5.25% if the UK leaves the European Union without a deal. Image: Unemployment could increase by 7%, according to the Bank While he warned that there would still be an economic impact, with food bills...
Unusual structures in bacteria suggest photosynthesis older than thought

Unusual structures in bacteria suggest photosynthesis older than thought

Science
July 25 (UPI) -- Scientists have discovered unusual structures in rare bacteria that resemble the cellular components that power photosynthesis. The discovery, described this week in the journal Trends in Plant Science, suggests photosynthesis has ancient evolutionary roots. Plants, algae and some bacteria perform what's known as oxygenic photosynthesis, splitting water into oxygen and hydrogen to power the process that turns solar energy into food. Some bacteria use anoxygenic photosynthesis, splitting other molecules besides water. Anoxygenic photosynthesis has long been assumed to be the more primitive of the two. Anoxygenic photosynthesis, most scientists agree, emerged 3.5 billion years ago. Oxygenic photosynthesis came a billion years later. But analysis of rare, ancient bacteria r...
Ice sheets in Patagonia are more massive than scientists thought

Ice sheets in Patagonia are more massive than scientists thought

Science
June 4 (UPI) -- A seven-year survey of Patagonia's ice suggests the slabs of ice that stretch across vast portions of Argentina and Chile are thicker than scientists thought, measuring more than a mile in thickness in some places. "We did not think the ice fields on the Patagonian plateau could be quite that substantial," Eric Rignot, professor of earth sciences at the University of California, Irvine, said in a news release. "As a result of this multinational research project, we found that -- added together -- the northern and southern portions of Patagonia clearly hold more ice than anticipated, roughly 40 times the ice volume of the European Alps." Measurements collected using satellite radar altimetry and optical imagery suggest most of Patagonia's ice sheets have been rapidly thinn...
Ariel Winter looks unrecognisable with red hair: ‘I thought this was Bella Thorne!’

Ariel Winter looks unrecognisable with red hair: ‘I thought this was Bella Thorne!’

Entertainment
Most know her as Alex Dunphy from hit comedy TV series Modern Family. But now Ariel Winters is all grown up - and looks completely different from the geeky teen character we know and love. The 21-year-old took to Instagram over the weekend to share a transformation shot, looking almost unrecognisable with a new ‘do. Since landing a role on the hit show aged 10, she has always worn her hair in long, black layers.  Related Articles In the snap posted, fans were surprised to see that her hair was a light shade of ginger, falling around her face in surfer waves. As the photo was taken in her hair salon in Los Angeles, California, it seemed to have been a fresh haircut. On top, she wore a racy black top with a deep plunge neckline. A pair of simple blue den
Greenland ice melting faster than previously thought: study

Greenland ice melting faster than previously thought: study

Science
Jan. 22 (UPI) -- The Greenland Ice Sheet is melting faster than scientists had previously thought - a lot faster. According to a new study published Monday in the Proceedings of the National Academy of Sciences, the Greenland Ice Sheet is now melting four times faster than it had been prior to 2003, National Geographic reported. The largest amount of ice loss between 2003 to mid-2013 occurred at the southwest region of the world's largest island where few glaciers are located. Most of the ice melt came from from an area where ice loss wasn't known to occur rapidly. "We knew we had one big problem with increasing rates of ice discharge by some large outlet glaciers," Ohio State University geoscientist and lead writer on the paper Michael Bevis said. "But now we recognize a second serious p...