A cold and frosty start for many, with plenty of sunshine, especially for inland areas. Scattered wintry showers will continue to feed inland along windward
The ICC has issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu, and the former defence minister, Yoav Gallant. The European leaders – including PM Keir Starmer – have backed the arrest of Netanyahu, and several papers note if the Israeli prime minister steps foot in the UK, he’ll be arrested.
Several papers pay tribute to the ex-deputy prime minister John Prescott who died at 86. Other domestic stories include the latest death in the alcohol poisonings in Laos, this time a 28-year-old British woman. There is ongoing coverage of the farm tax fallout and No 10’s vow to stand with Ukraine features.
Russian President Vladimir Putin has said the use of US and UK missiles by Ukraine means the West is now involved in his war against Ukraine.
The Times says Netanyahu will face arrest if he flies into Britain. The prime minister has said he backs the ICC’s decision but also says Israel has a right to defend herself.
The Daily Telegraph says the prime minister supports the arrest of the Israeli PM. The paper quotes the prime minister “We respect the independence of the ICC.”
The FT says the court’s arrest warrant marks the first for a Western-backed leader, the paper calls it a “big escalation”. It shows how Israel has become “ever more isolated” since the start of the conflict, the paper adds.
The Independent notes the ICC’s arrest warrant for Netanyahu cites ‘using starvation as a method of war’ and intentionally targetting civilians.
The Sun has a completely different take. The paper calls the ICC a “clown court.”
The Mail’s editorial says “while the force of Israel’s retaliation in Gaza is not beyond reproach, the country is fighting for its survival”.
The Daily Mirror reports on Putin threatening to hit Western military installations. The paper says that Putin is warning Britain that it is now at war and there is a risk UK targets could face missile strikes.
David Lammy takes to the i to write that the Kremlin’s violations of international law make it a threat to world order, not just European security. In an article written with his French counterpart, Lammy says Britain and France will “relentlessly” fight what he calls “Putinisation”.
The Times also uses its front page to report that Putin could target the UK in direct response to Ukraine’s use of British-made missiles.
The Guardian says the Treasury is looking at reworking the new inheritance tax rules for farmers to make it easier for those aged 80 and over to hand their properties down without incurring the tax.
The Telegraph says official forecasts show that disability benefit claims among working people will rise by a quarter of a million each year until the end of the decade. The paper says 4.2 million people will claim PIP – an increase from the current figure of 3 million.
The Mirror pays tribute to former deputy PM John Prescott. The paper says “in the sometimes monochrome world of Westminster, he was a rare dash of Technicolour.”
Former PM Gordon Brown writes in the paper that “he believed in the good in everyone, even the egg thrower in Wales he famously punched.”
The Daily Express calls him a “true political heavyweight”.
The Times notes his journey from humble beginnings to the top of politics in which he once remarked: “I no longer keep coal in the bath. I keep it in the bidet”.
British lawyer is fifth person to die in suspected methanol poisoning in Laos A British backpacker has died in a suspected methanol poisoning case after allegedly being served free drinks
Marine Le Pen criticises French prosecutors for seeking a ‘political death sentence’ The French far-right leader says her embezzlement trial is “politicised” and denounces prosecutors for seeking to ban her
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Melrose Industries said it is on track to hit looming profit targets despite the industry-wide supply chain challenges plaguing the aerospace sector.
The Birmingham-based manufacturer said this morning it expects adjusted operating profit of between £550m and £570m this year and £700m in 2025.
In an update to markets, Melrose flagged a seven per cent year-on-year rise in revenue, driven by a 17 per cent jump in its Engines division.
Aerospace manufacturers, particularly the major planemaker’s Airbus and Boeing, have struggled to meet a significant ramp-up in post-Covid demand from their airline customers, as a result of long-running supply chain problems.
Huel, which counts the likes of Idris Elba, Steven Bartlett and Jonathan Ross among its investors, has reported record sales as a profit almost tripled during its latest financial year.
The Hertfordshire-headquartered company, which is known for its vitamin-enriched food items, has reported a revenue of £214m for the 12 months to 31 July, 2024, up from the £184.5m it achieved in the prior 12 months.
Huel’s pre-tax profit also jumped from £4.7m to £13.8m over the same period, according to new figures.
The business said its products are now sold in 25,650 stores, up from 11,250.
The average price tag on a newly marketed home dropped by over £5,000 in November as buyer demand revived in the wake of the Bank of England’s recent interest rate cut.
According to Rightmove, the standard price for a newly marketed home currently sits at £366,592, a 1.4 per cent month-on-month drop.
That downward trend is steeper than usual, with a typical November fall being around 0.8 per cent.
Rightmove said its data indicated that a fall in buyers approaching estate agents following the Autumn Budget, had been offset by a rise in buyer demand after the Bank of England lowered interest rates to 4.75 per cent in only the second cut this year.
UK inflation is expected to have jumped above the Bank of England’s two per cent target in October, bolstering a cautious approach to cutting interest rates in the months ahead.
A more gradual easing of monetary policy would be a headache for the new government, which has tried to reassure markets that last month’s big-spend Budget will boost economic growth without leading to runaway inflation.
Economists forecast the consumer price index (CPI), due on Wednesday, to come in at 2.2 per cent for last month, up from 1.7 per cent in September.
Higher energy prices are expected to drive the increase, with regulator Ofgem hiking its price cap on household bills by 9.5 per cent last month.
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