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Editorial 13.09.24


Friday’s leads report on the war in Ukraine as Prime Minister Sir Keir Starmer flies to Washington for talks with US President Joe Biden. The meeting is expected to cover whether to give Ukraine permission to fire Western long-range weapons into Russia.

A second, domestic, lead for the papers reports that junk food adverts are going to be banned from TV before 21:00 from October next year.

Many of the newspapers carry images of American billionaire Jared Isaacman after he completed the world’s first commercial spacewalk as part of a SpaceX mission. His words are quoted on several front pages: “The world looks perfect from here.” 

‘Starmer and Biden to meet in high stakes discussion’

‘UK missiles vital to stopping Putin,’ quotes the Telegraph.

The Daily Telegraph has an interview with Foreign Secretary David Lammy who says the UK and US must give Ukraine the weapons it needs to help the country win. Lammy says the coming months will be “crucial” for Kyiv. 

‘Putin started this war and could choose to end it,’ reports The Guardian.

The Guardian leads with the prime minister’s comments that President Vladimir Putin could end the conflict in Ukraine “straight away”. Prime Minister Keir Starmer has responded directly to Putin’s threats, the paper says, by saying Russia started this war and could choose to end it at any time. 

‘Putin warns UK and US will be at war with Russia,’ leads The Times.

Russian President Vladimir Putin’s warning that the UK and US will be “at war” with Russia if they allow Ukraine to use their missiles across the border, leads The Times. The paper reports Putin’s comment that it would “change the very nature of the conflict.” forcing Moscow to respond. The paper says the meeting represents a “shift” from the current policy of staying the course – to one looking for some form of end to the conflict.

‘New era of the nanny state,’ is the Mail’s take on the ban.

The Mail reports on plans for a pre-watershed ban on junk food advertising and a total ban on paid advertising online. The measures are part of a bid to crackdown on child obesity but the paper calls it a “new era of the nanny state” and quotes critics saying it won’t do much to help people lose weight. 

‘Tough health measures vital to NHS revival’, claims The Times.

The Times says the ban will be the first of several tough public health measures that ministers believe will be essential to helping to sort out the dire state of the NHS. 

‘Junk food ban will protect children,’ says the i newspaper.

The i reports that campaigners have welcomed the move which will see junk food ads banned from TV before 21:00. Health experts and campaigners believe will “shield children.” 

Sarah Wilkinson
Sarah Wilkinson@swilkinsonbc
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Jury declines to convict 4 @Pal_action -ists who caused over half a million pounds of damage to Teledyne's factory which makes israeli missile parts
Tommy Robinson
Tommy Robinson@wtxnews
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Keir Starmer and David Lammy currently sitting with Biden to decide if British Storm Shadow missiles can be used by Ukraine. A decision that Putin said yesterday, would be seen as Russia being at war with NATO Essentially, these plebs are deciding World War Three or not.
Zarah Sultana
Zarah Sultana@ZarahSultana
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Described as “the most lethal fighter jet in the world”, every Israeli F-35 is made in part here in the UK. I, alongside 36 MPs, have written to the government raising concerns about complicity in violations of international law by not suspending export licences for F-35 parts:
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HSBC shares pop as bank beats profit estimates and launches $3bn share buyback

HSBC has unveiled its latest multibillion-pound share buyback after beating profit estimates in the third quarter as the Asia-focused bank gears up for a major restructuring.

The announcement drove HSBC’s share price 4.7 per cent higher in London and up 3.7 per cent in Hong Kong during earlier trading – with both at their highest level in around six years.

The London-based lender reported a pretax profit of $8.5bn (£6.6bn) between July and September, up from $7.7bn (£5.9bn) a year earlier. Analysts had expected a profit of $7.6bn (£5.9bn).

HSBC announced a $3bn (£2.3bn) share buyback and dividend of 10 cents (7.7p) per share to reward investors, bringing its total shareholder distributions to $18.4bn (£14.2bn) this year alone.

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BP beats estimates despite lower oil prices

FTSE 100 oil giant BP has reported strong-than-expected earnings for the third quarter.

On Tuesday, it posted an underlying replacement cost profit, used as a proxy for net profit, of $2.3bn (£1.8bn) for the three months to 30 September.

The figure beat analyst expectations of $2.1bn (£1.6bn), according to an LSEG-compiled consensus.

However, the figure was worse than the $2.8bn (£2.2bn) profit reported for the second quarter of 2024 and far below the $3.3bn (£2.5bn) reported for the third quarter of 2023.

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Yougov shares jump after revenue and profit growth revealed

Yougov shares jumped 13 per cent on Tuesday as the data firm reported revenue and operating profit narrowly ahead of full-year expectations.

In unaudited results for the year to 31 July, 2024, Yougov posted a three per cent organic revenue increase, with reported revenue up 30 per cent to £258.3m, driven by its recent CPS acquisition.

This outpaced guidance offered in August, owing to higher-than-expected research activity in July.

Adjusted operating profit inched up from £49.1m in 2023 to £49.6m, with trading this year tracking last year’s levels and reflecting slower sales bookings in the second half.

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Starmer flies off to the US to give money & escalate the war

Sir Keir is in Washington for talks with US President Joe Biden on Friday, as allies of Kyiv discuss giving Ukraine permission to fire their missiles at targets inside Russia.

This will be seen as an escalation by Putin. He told Russian state television that this would “mean nothing other than the direct participation of NATO countries – the US and European countries – in the war in Ukraine.”

Alongside the license Starmer will be pledging to give more financial support to Ukraine specifically at a time when the UK is cutting winter fuel payments to grandparents in the UK.

Tesco loses big HR legal case in the Supreme Court

Tesco loses big HR legal case in the Supreme Court, its ‘hire and fire’ appeal after the Supreme Court ruled it cannot terminate its employees’ contracts for the purpose of depriving them of retained payment.

The judge said that employees contracts contained a clause barring the supermarket giant from removing their right to retained pay.

This provides a precedent for that other companies who have been using new contracts to get out of previous liability.

The most important takeaway for employment professionals and HR teams for this case is that communications between unions, employers and employees issued during consultation were held to be relevant to the interpretation of what particular contractual terms actually meant.

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