Author: News Team

Average asking price for UK home drops by £5,000 in November Analysts say market is still relatively busy despite decline of 1.4%, which is unusually high for this time of year. The average asking price for a UK home has dropped by more than £5,000 this month as the autumn budget caused housing market jitters before the usual Christmas slowdown. Average asking prices from new sellers fell by £5,366, or 1.4%, in November to £366,592, compared with the 0.8% decline usually recorded at this time of year, according to the website Rightmove. The average asking price for UK home drops…

Cliff Notes –  A diplomatic breakthrough is needed between the feuding neighbours – German-Polish relations What is about: The upcoming intergovernmental consultations aim to address contemporary issues such as security and migration while the historical demand for war reparations from Germany looms over discussions. Who is pushing for it? Despite the Tusk-led government’s view that legal claims for reparations are resolved, a humanitarian gesture to surviving Polish victims is deemed essential for improving bilateral relations. Petty differences: Strained relations, exacerbated by Germany’s border checks and historical grievances, limit Poland’s diplomatic flexibility and hinder collaborative efforts, even as security partnerships are…

Cliff Notes – Siddiq over corruption A Bangladesh court convicted Tulip Siddiq and Sheikh Hasina, sentencing Siddiq to two years and Hasina to five in absentia for alleged land corruption linked to a housing project. Siddiq condemned the verdict as “flawed and farcical,” while her Labour Party stated she lacked access to a fair legal process and was not adequately informed of the charges against her. Hasina, in exile in India, described the court’s decision as politically motivated, while her party criticises the interim government for the ruling ahead of Bangladesh’s upcoming elections. Siddiq over corruption A court in Bangladesh…

Cliff Notes – Taiwan eyes defence spending hike to counter China pressure Taiwan’s President Lai Ching-te announced a plan to invest an extra $40 billion in defence over the next eight years, aiming for military spending to reach 5% of GDP by 2030 to counter increased Chinese threats. The urgency of this initiative is underscored by claims that Beijing aims for “complete unification with Taiwan by force by 2027,” though this remark was later modified to suggest preparations rather than a definitive timeline. While the United States has welcomed Taiwan’s defence strategy, opposition parties within Taiwan express concerns over the…

TL;DR The US has exempted the UK from proposed trade tariffs on pharmaceuticals, easing prior concerns over export charges from Europe. In return, the UK will raise the cost-effectiveness threshold for NHS medicine assessments, allowing for broader approval of significant health-improving drugs. This adjustment marks the first increase in NICE’s baseline threshold in over 20 years, responding to US complaints about pricing in Europe. US and UK agree zero-tariffs on pharmaceuticals The US has agreed to spare the UK from threatened trade tariffs on pharmaceutical products. The announcement was made following months of uncertainty over whether exports from the UK,…

Cliff Notes – Ruben Amorim: Man United ‘steal’ set-piece routines from rivals Ruben Amorim claims Manchester United are “stealing” set-piece routines from other clubs, contributing to their recent success. United scored two goals from free-kicks in a 2-1 victory over Crystal Palace, showcasing their improved set-piece execution. Amorim noted that his team has learned significantly from the Premier League, helping them score 10 set-piece goals this season, joint-most with Arsenal. Ruben Amorim: Man United ‘steal’ set-piece routines from rivals Ruben Amorim has said that Manchester United are “stealing” set-piece routines from other clubs after goals from two free-kicks helped earn…

TL;DR Thirteen individuals have been arrested on suspicion of manslaughter following a catastrophic fire in Hong Kong that has resulted in 151 fatalities and over 40 people still missing. Investigations revealed that materials used in renovations, including a non-compliant green mesh and improper insulation, compromised fire safety; contractors reportedly hid these substandard materials from inspectors. Calls for an independent investigation into potential corruption and construction oversight have gained traction, with over 10,000 signatures on a petition before its closure. Hong Kong high rise fire: 13 arrested for suspected manslaughter as death toll hits 151 | World News Thirteen people have…

Cliff Notes – Man City boss Guardiola backs England’s Tuchel on Foden position Pep Guardiola agrees with Thomas Tuchel that Phil Foden excels in a central role, highlighting his goal-scoring ability and importance to the team. Foden’s late winner against Leeds showcased his impact, bringing his season tally to six goals, making him City’s second top scorer. Guardiola praises Foden’s versatility and winning mentality, noting his eagerness to play in various positions to help the team succeed. Man City boss Guardiola backs England’s Tuchel on Foden position Pep Guardiola has backed Thomas Tuchel’s view that Phil Foden is at his…

TL;DR Senior cabinet minister Darren Jones stated he does not feel misled by Chancellor Rachel Reeves regarding public finances, asserting that tax increases were necessary based on forecasts. Critics claim Reeves misrepresented the Office for Budget Responsibility’s financial analysis, leading to accusations of misleading Parliament and the public. The OBR revealed that the spending gap had closed, indicating the government would run a surplus, contradicting earlier claims that higher taxes were essential. Darren Jones defends Rachel Reeves over claims she misled cabinet on tax rises | Politics News Senior cabinet minister Darren Jones has said he does not feel misled…

Mclaren to Conduct Internal Review After Qatar GP Strategy Blunders McLaren team principal Andrea Stella has conceded that the squad misjudged its strategy during the Formula 1 Qatar Grand Prix and announced an internal review to examine the team’s decision-making, particularly regarding the choice not to pit drivers under the safety car conditions. Strategy Missteps Lead to Disappointment The Qatar Grand Prix began with high hopes for McLaren, as Oscar Piastri clinched pole position after a successful sprint weekend. However, the team’s early promise was soon overshadowed when Max Verstappen overtook Lando Norris at the first corner. Stella acknowledged that…