Drum bass

Music – King Yoof – Soundboy Love ft Rony Blue & Mr Williamz [Sub Slayers]

Music – King Yoof – Soundboy Love ft Rony Blue & Mr Williamz [Sub Slayers]

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iTunes — bit.ly/SS31iTunes / JunoDownload – bit.ly/SS31Juno + ALL GOOD STORES

DJ Mag — 10/10 – Moneyshot ‘Tune Of The Month’
B.Traits (BBC Radio 1) — 8/10 ‘Vibes!’
TropicalBass.com 8/10 ‘King Yoof to di world’

The next chapter from masters of bass Sub Slayers is a summer classic in the making!

Just when you though King Yoof couldn’t get any better along comes ‘Soundboy Love’ featuring Mr Williamz & Rony Blue. An infectious good times roller that’s gonna set the clubs and festivals alight, sing-a-long crew we’re looking at you!

First up on remix duties is genre defying bass stomper by Jungle don Gold Dubs and Nushu — Serious ass shaking business!
Next up is long time label contributor Toronto Is Broken who takes his Drum & Bass skills to the next level — this ones gonna blow your mind!
Edinburgh’s finest reggae & bass boys Capitol 1212 step up next for their debut release on Sub Slayers and what a remix! Thumping 4/4 riddims and skankin bass lines are order of the day here — boom!
D1 has made a huge impact on the dubstep scene but it’s his Oscar Luweez moniker that we’ve called upon for this remix. Deep, dark and chunky house vibes strictly for the 4am heads.
Finishing off this eclectic remix package is King Yoofs reggae version that’s sure to smash up carnival and beyond!

1. Soundboy Love
2. Soundboy Love (Gold Dubs & Nushu remix)
3. Soundboy Love (Toronto Is Broken remix)
4. Soundboy Love (Capital 1212 remix)
5. Soundboy Love (Oscar Luweez remix)
6. Soundboy Love (King Yoofs Stepper mix)

Prince announces London Shepherd’s Bush Empire show

Prince announces London Shepherd’s Bush Empire show

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Prince will play a show at London’s Shepherd’s Bush Empire.

BBC 6 Music DJ Cerys Matthews announced that the singer would be performing at the venue tonight.

Tickets are first come, first serve with doors opening at 7pm and Prince on stage at 8pm.

The star has already played two shows at the Electric Ballroom in Camden earlier this week as part of his ‘guerrilla’ UK tour.

At a press conference at soul singer Lianne La Havas’ house, he promised: ‘We’ll work our way up, if people like us, to bigger venues.’

The Electric Ballroom has room for 1,000 people while Shepherd’s Bush Empire is slightly bigger and can fit 2,000 fans.

News of the London show will disappoint fans in Liverpool, many of which have been speculating over the weekend that Prince would be performing at the famous Cavern Club.

Prince will be playing with his band 3rd Eye Girl to support his upcoming album Plectrum Electrum.

Asked about rumours that he would be playing Glastonbury Festival in June, he said he wanted to live in the moment.

He explained: ‘I can’t think of the festival now.’

 

The Curious Case of Britain’s Economic Recovery

The Curious Case of Britain’s Economic Recovery

The U.K.’s Growth Spurt Has Taken Economists Almost Entirely by Surprise

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The global financial crisis has challenged some of the economic profession’s most cherished assumptions. And no country has confounded the textbooks more than the curious case of the U.K.

For five years, the British economy has persistently failed to behave as predicted by theory—and continues to do so with increasing evidence it is growing faster than almost any other major Western economy.

It is only the latest surprise. Most forecasters expected the Bank of England’s unprecedented money-printing program, in which it bought government bonds equivalent to 20% of gross domestic product, would trigger a recovery. Yet output remains 3% below its peak in late 2007.

Most forecasters expected the 20% depreciation in the pound since the start of the crisis to spark a recovery in exports. It didn’t happen.

Economic theory suggested the faltering economy would stoke unemployment, which in turn would cause output per worker to rise. Yet unemployment only rose modestly to 8% while productivity is still 4.4% below precrisis levels.

Economic theory also suggested that a weak economy would mean lower inflation. Yet since 2007, it has averaged nearly a percentage point above the BOE’s 2% target and well above rates in other European countries.

Now the U.K. is providing another mystery. This week’s GDP data are likely to show that the economy grew 0.8% in the third quarter compared with the previous quarter. Indeed, if recent survey data are to be believed, growth could be heading for 5% year-over-year, according to Rob Wood, chief U.K. economist at Berenberg Bank.

Yet this growth spurt has taken economists almost entirely by surprise. It is hard to identify a single leading forecaster predicting such a strong recovery at the start of the year, or even at the end of the first quarter.

As recently as July, the International Monetary Fund was so gloomy about the U.K. that it was advising the government to loosen its deficit-reduction strategy. This month, it raised its 2013 growth forecast by half, to 1.4%.

How did the U.K. rapidly transform from laggard to leader right under the noses of the unsuspecting economics profession? And is this growth sustainable?

The answer to the first question is becoming clear: More policy makers and economists now accept that the most plausible explanation for the U.K.’s postcrisis underperformance and its recent outperformance lies in the workings of the financial system—something that barely features in standard macroeconomic models.

Previous attempts to blame the U.K.’s weak performance on the government’s fiscal policies have been undermined by the recovery and by the fact that U.K. austerity hasn’t actually been very austere. While economists argued over Keynesian demand-side remedies, the main problem was one of supply—specifically the supply of finance.

Thanks to a broken banking system, the economy was unable to reallocate resources to productive parts of the economy, argues Kevin Daly, senior economist at Goldman Sachs. Healthy businesses were denied the credit they needed to expand. What has changed this year is that financial conditions have become easier. Mortgage rates for new loans have fallen by roughly one percentage point on average. Credit is available again on reasonable terms.

This partly reflects banks having met their capital and liquidity targets. But it also reflects policy action to boost credit creation—including a new BOE facility introduced in June 2012 that has dramatically eased bank funding costs—and a controversial new government mortgage-guarantee program modeled on U.S. government-backed agencies Fannie Mae and Freddie Mac. Easier credit conditions have rekindled consumer confidence and spending. Other factors have played a role, including the cooling of the euro crisis over the past year. But the pace of the recovery relative to global growth suggests it is primarily homegrown.

The turnaround is remarkable. House prices are up 6% nationally and are rising much faster in London and England’s southeast. New buyer enquiries are at record levels and mortgage approvals are up 38% in the year to September. New car registrations were up 12% in September from a year earlier. Retail sales are growing at their fastest pace since 2008. The savings rate has fallen by a third this year to 5%.

Not for the first time, the U.K. is betting that salvation lies in a consumer-led recovery fueled by rising house prices. But the success of this strategy isn’t guaranteed. Much depends on whether finance proves to have been the only structural impediment to the U.K.’s economic rebalancing.

If the answer is yes, then strong consumer demand should lead to increased business investment and rising productivity. That would create the conditions for wages to rise, vital to enable households to service increased debt. With wage growth currently well below inflation, household incomes have been severely squeezed for six years. But if it turns out the crisis has inflicted wider damage to the supply-slide potential of the economy, then a subsidized credit binge could be storing up trouble in the form of higher inflation, falling disposable incomes and increased household debt.

So far, the picture is mixed. Business investment fell in the second quarter by 2.7%, and the trade gap has widened since the start of the crisis, reflecting weak export growth. But finance chiefs are increasingly willing to consider new investments, according to a recent survey by Deloitte.

Similarly, the unemployment rate fell by only 0.1 percentage point in September to 7.7%, raising hopes that inflation can fall and productivity will pick up as the economy recovers.

But a sharp fall in the numbers of Britons claiming unemployment benefits—they saw their biggest fall in 16 years in September—may indicate that the economy has less spare capacity than most assume.

Meanwhile a key vulnerability remains in the high cost of housing. True, the stock of debt relative to the value of houses has fallen and total mortgage-interest costs are well below 2007 levels, suggesting affordability isn’t such a problem, at least outside London.

But unless rising house prices are offset by a boom in house-building, which seems unlikely without wider reform, the long-term impact of easier credit conditions may simply be to further unbalance the economy.

Indeed, the irony may be that in fixing one supply problem, the U.K. may end up exacerbating another.

Corrections & Amplifications
This week’s GDP data are likely to show that the economy grew 0.8% in the third quarter compared with the previous quarter. A previous version of this article said the data was due next week.

AGENDA BY SIMON NIXON (Wall Street Journal)

Ms Dynamite & Shy FX – Cloud 9 (MistaJam BBC 1xtra)

Ms Dynamite & Shy FX – Cloud 9 (MistaJam BBC 1xtra)

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DAY 2 – Wireless Festival in London (Pics)

DAY 2 – Wireless Festival in London (Pics)

SATURDAY 13TH JULY

Today Wireless had these artists rock London – JAY ZEmeli SandéRita OraKendrick LamarMiguelMacklemore & Ryan LewisDJ Fresh LiveEarth, Wind & FireCALVIN HARRISSpecial GuestFlux PavilionZeddIggy AzaleaNaughty BoyDevlinTaboo

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 JAY-ZkENDRICK
HARRIS
iggy
FLUX
dEVLIN
Will.i.am, Sub Focus and Misha B added to Wireless Festival line-up

Will.i.am, Sub Focus and Misha B added to Wireless Festival line-up

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Will.i.am has been confirmed as a special guest for Legends of The Summer featuring Justin Timberlake and Jay Z at Wireless Festival.

The Scream & Shout singer was announced along with a raft of other artists that include Sub Focus (Live), Zane Lowe (DJ Set), Bluey Robinson, Drop City Yacht Club, Devlin, Taboo and Misha B.

Fazer, Mikky Ekko, Giggs, Watsky, A*M*E and Taboo will perform on the Yahoo! Stage meanwhile.

The festival’s main draw will be the already-announced Timberlake and Jay Z, who will co-headline the third and final date on July 14.

The pair will play individual dates on the two days beforehand, with Timberlake showing off tracks from his new album The 20/20 Experience, joined by Snoop Dogg, Miguel, Frank Ocean and more.

The London festival moves from Hyde Park to Queen Elizabeth Olympic Park this year, and will also see performances from A Tribe Called Quest, NAS, A$AP Rocky, Jessie Ware, Katy B, Magnetic Man, Rizzle Kicks and 2 Chainz.

Source : Metro London

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Welcome to LONDON HOTT RADIO –

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