Author: News Desk

New CBI boss starts job as crisis continues The Confederation of British Industry (CBI) is facing a crisis as it struggles to survive amid allegations of sexual misconduct. Rain Newton-Smith, former chief economist at the CBI, will take over as director general on Wednesday as the organisation deals with the fallout from claims of workplace harassment, sexual assault and rape. The CBI has admitted failing to fire staff who had sexually harassed female workers and pledged to implement recommendations following an investigation by a law firm. However, several companies including John Lewis, BMW, Virgin Media O2, Aviva, Zurich, Phoenix Group,…

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Record number of people relying on food donations The Trussell Trust, the UK’s largest food bank provider, has reported an unprecedented rise in the number of food parcels distributed in the past year. Nearly three million food parcels were distributed, an increase of 37% from the previous year, with 1.1 million of these parcels provided to children. In December, on average, a food parcel was given out every eight seconds. Despite the pandemic and rising cost of living pressures, the Trussell Trust said that low levels of income and an insufficient social security system had caused more people to need…

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Bank of England economist says people need to accept they are poorer The Bank of England’s chief economist, Huw Pill, has warned that people in the UK must accept that they are poorer, or else prices will continue to rise. Speaking on a podcast in the US, Pill stated that workers’ demand for higher wages and businesses’ decision to raise prices are adding to inflation, which is currently at 10.1%, far higher than the Bank of England’s 2% target rate. The Bank has raised interest rates in an attempt to reduce spending and slow price rises, but Pill argues that…

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Sudan: Third evacuation flight of Britons lands in Cyprus A third evacuation flight has rescued around 230-240 UK nationals from war-torn Sudan, landing in Cyprus, with flights set to continue throughout the day. The British troops are endeavouring to extract citizens from the east African country during a 72-hour ceasefire.  The trapped nationals were told to make their way to an airstrip near the Sudanese capital Khartoum once the ceasefire began at midnight local time on Monday. An RAF military plane has been collecting UK passport holders and flying them to Larnaca Airport in Cyprus to have their documentation checked.…

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