Author: News Desk

  The Bank has been stepping in after turmoil following the mini-Budget left some pension funds close to collapse The Bank has been stepping in after turmoil following the mini-Budget left some pension funds close to collapse 

  Therese Coffey refuses to say whether she agrees with 2030 smoke free plan or not Therese Coffey refuses to say whether she agrees with 2030 smoke free plan or not 

 Jessica Gallagher is the first of ten victims of the explosion in the Co Donegal village to be laid to rest. Jessica Gallagher is the first of ten victims of the explosion in the Co Donegal village to be laid to rest. 

A WOMAN killed in a police car crash has been remembered as a “shining star” by her heartbroken pal. Two Met police officers have been charged after Shante Daniel-Folkes, 25, of West Norwood, was h…

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…