Author: News Desk

Daily Express – Truss: I’m sorry … we went too far and too fast Summary of the front page Liz Truss has apologised to the nation for the economic pain unleashed by her mini-budget as she battled to save her job, reads the front page of the Daily Express. “I do want to accept responsibility,” she said and privately apologised to MPs for the pain caused by her tax-cutting economic plans, the paper says. The paper also looks at the performance of Jeremy Hunt who said he “showed signs of being someone who just might have the mettle to navigate…

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Founder of online shopping group cements control as Japanese firm offloads its holding at £450m loss THG shares have jumped on the news that Japan’s SoftBank will sell its stake in the troubled British online shopping group to its co-founder Matthew Moulding and Qatar’s sovereign wealth fund. The move has cemented Moulding’s control of THG, formerly known as The Hut Group, which owns a range of internet health and beauty retailers, and ended speculation about SoftBank’s disastrous investment. Continue reading… ​Founder of online shopping group cements control as Japanese firm offloads its holding at £450m lossTHG shares have jumped on…

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Chinese recruitment ‘to understand the capabilities of our air force’ of concern, says James Heappey Today’s political developments –live updates Ministers want to change the law to prevent former RAF pilots from training the Chinese military, amid reports at least 30 British personnel are believed to have taken advantage of “very generous” recruitment packages offered by the superpower. It emerged overnight that British defence intelligence is to issue a rare “threat alert”, warning that China’s military is trying to recruit serving and former RAF jet pilots to help train its own air force. Continue reading… ​Chinese recruitment ‘to understand the…

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