Author: News Desk

Fund says chancellor’s measures have made Bank of England’s battle against inflation more difficult Kwasi Kwarteng has come under fresh fire from the International Monetary Fund after the Washington-based organisation said his tax cuts and energy support package had made the Bank of England’s battle against inflation more difficult. The IMF used its prestigious world economic outlook (WEO) to criticise the scale of the stimulus provided by the chancellor and the blanket nature of the price cap on gas and electricity bills. Continue reading… ​Fund says chancellor’s measures have made Bank of England’s battle against inflation more difficultKwasi Kwarteng has…

Fund says ‘worst yet to come’ because of rising living costs, Ukraine war and Chinese slowdown The International Monetary Fund has told central banks to “stay the course” in their fight against inflation, despite warning that a third of the global economy will be in recession next year. In its half-yearly update, the Washington-based IMF said the “worst was yet to come”. It cited a combination of cost of living pressures, Russia’s invasion of Ukraine and a slowdown in China as important factors behind a fresh growth downgrade. Continue reading… ​Fund says ‘worst yet to come’ because of rising living…

BEIS has until end of October to respond to request from information commissioner or risk being taken to court Ministers could face contempt of court proceedings unless they respond to a request for documents that could reveal how the late Queen concealed part of her private wealth from the public. Britain’s transparency watchdog, the information commissioner, has threatened legal action against the Department for Business, Energy and Industrial Strategy (BEIS), which has stonewalled the request for two years. Continue reading… ​BEIS has until end of October to respond to request from information commissioner or risk being taken to courtMinisters could…

Comments on China-owned app come after Liz Truss expressed a desire to crack down The director of GCHQ, Jeremy Fleming, said he would encourage young people to use TikTok, despite a campaign pledge by the prime minister, Liz Truss, to “crack down” on the Chinese video app and companies like it. The spy chief was asked on Tuesday morning if he would be concerned if his children were to use TikTok after he had warned that China was seeking to “impose its values” in other strategic areas of science and technology. Continue reading… ​Comments on China-owned app come after Liz…

  Russia last week seized US oil company Exxon Mobil’s 30 percent stake in the Sakhalin-1 oil and gas project. ​Russia last week seized US oil company Exxon Mobil’s 30 percent stake in the Sakhalin-1 oil and gas project. 

Fuel price increase is blow to drivers amid soaring domestic energy costs and other inflation Petrol prices are climbing again for the first time in three months, after the controversial decision by the Opec oil cartel and its allies to cut oil production, putting more pressure on drivers during the cost of living crisis. Forecourt prices for petrol and diesel in the UK had been falling since early July and throughout the summer, according to motoring organisation the AA, but the trend reversed after the Opec meeting in early October. Continue reading… ​Fuel price increase is blow to drivers amid…

  Every ambulance in use in the area has reportedly been called to the nursery following the suspected leak. ​Every ambulance in use in the area has reportedly been called to the nursery following the suspected leak. 

Seum had to cut her stream short (pic: Twitch) Life tends to catch streamers off-guard sometimes, with Twitch streamer Seum and her family getting evicted while she was playing Dreamlight Valley. Seum, or simply Sam, has managed to hit over 80 thousand followers on her Twitch channel, where she usually streams games like Dreamlight Valley or makes use of the Just Chatting category. A lot of unexpected things can happen while streaming, such as a watermelon exploding or a group of friends getting caught up in the middle of gunshots. One streamer was even caught going to town with…

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Viewers are demanding Channel 5 ‘pull the plug’ on the final two episodes of new true crime drama Maxine, after many felt the first episode last night was in ‘bad taste’. The three-part series follows the girlfriend of Ian Huntley, Maxine Carr, taking a look into the Soham murders. 20 years ago, the nation mourned the deaths of 10-year-olds Jessica Chapman and Holly Wells after Huntley, who worked as a school caretaker and lured them back to his house before murdering them.…

A GIFTED teen died on her first night of university after taking a deadly mix of alcohol and drugs, an inquest heard. Jeni Larmour, 18, was found lifeless at her student accommodation at Newcastle …