Today: A weakening band of rain will move south across Scotland, with brighter but colder weather arriving in the northeast. Elsewhere fog patches lifting to leave a mostly dry and mild, though rather cloudy day. Patchy drizzle, with some brighter
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.”
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.
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.
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.
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.
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.
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.”
Georgia court dismisses two more charges against Trump A Georgia court has dismissed two of the 10 criminal charges against former U.S. President Donald Trump and one charge against his
India politics: Arvind Kejriwal bailed after five months in jail Delhi Chief Minister and prominent opposition leader Arvind Kejriwal has been granted bail by the Supreme Court, over five months
Boeing workers to strike as 25% pay rise rejected Thousands of Boeing workers are set to go on strike after overwhelmingly rejecting a proposed agreement between union leaders and the
Israeli special forces raid secret weapons facility in Syria Reports are surfacing about a covert operation by Israeli special forces targeting a “Hezbollah missile production facility” in Syria. Israel has
South Africa ex-minister Pravin Gordhan dies at 75 Pravin Gordhan, South Africa’s former finance minister and a respected anti-apartheid activist, has passed away at the age of 75, his family
Trump rules out another presidential debate against Harris Donald Trump has officially ruled out a second presidential debate against his opponent, Kamala Harris, ahead of November’s election. Speaking on Thursday,
Warren Buffett admits Berkshire’s days of ‘eye popping gains’ are over
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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.
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.
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.
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, 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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