Author: LoveWorld UK

The Bank of England said on Friday it would review the test that borrowers must pass if they want a mortgage, raising the prospect of obtaining home loans more easily. The BoE introduced a tougher “affordability” test in 2014 to ensure that borrowers do not become a threat to financial stability by taking on debt they cannot afford to repay if interest rates were to rise by 3 percentage points. The assumption of such a jump in rates has now become more questionable due to the very low BoE base rates and a global fall in borrowing costs. The BoE…

President Donald Trump and 17 U.S. states on Wednesday threw their support behind a long-shot lawsuit by Texas seeking to overturn his election loss by asking the U.S. Supreme Court to throw out the voting results in four states. Trump, defeated by President-elect Joe Biden in the Nov. 3 election, filed a motion with the court asking the nine justices to let him intervene and become a plaintiff in the suit filed on Tuesday by Republican-governed Texas against Georgia, Michigan, Pennsylvania and Wisconsin. If the justices let Trump join the lawsuit, it would create the extraordinary circumstance of a sitting…

Liverpool manager Juergen Klopp said he is no longer sure the use of VAR technology is good for football after Wednesday’s Champions League match against Midtjylland was interrupted three times in the second half, causing long delays. The match in Herning, which ended 1-1, was stopped while VAR reviewed the penalty that led to Midtjylland’s equaliser. Action was also halted as the system disallowed goals for each side late on. Klopp agreed with all three decisions but was concerned about the amount of time players had to wait on the pitch in cold conditions. “I used to be one of…

Facebook could be forced to sell off Instagram and WhatsApp under a massive lawsuit filed by 46 US states which accuses the social media giant of running an illegal monopoly. The suit filed on Wednesday, spearheaded by New York Attorney General Letitia James, accuses Facebook of illegally acquiring its competitors in a ‘predatory’ manner in order to dominate the market. ‘For nearly a decade, Facebook has used its dominance and monopoly power to crush smaller rivals, snuff out competition, all at the expense of everyday users,’ said James. The coalition of 46 states, Washington DC and Guam has called on…

Britain said it was re-emerging as a major trade force as it signed a free trade deal with wealthy city-state Singapore on Thursday, its latest agreement globally as it prepares to end its transition out of the European Union on Dec. 31. The deal signing between Britain’s trade minister Liz Truss and her Singaporean counterpart comes as leaders from Britain and the EU tried to seal a new trade pact and avert what some fear will be a chaotic end to the five-year Brexit process. Britain is Singapore’s top destination for direct investment in Europe and is among its largest…

The revelation Wednesday that Hunter Biden is under investigation for tax violations relating to his foreign business affairs confirms that the media/Big Tech censorship of stories during the election about his laptop and emails was entirely without merit. When the New York Post reported on October 14 that Hunter Biden had introduced an official from the corrupt Ukrainian energy company Burisma to then-Vice President Joe Biden — contrary to the latter’s denials that he had ever spoken to his family about their businesses — Facebook announced that it would be suppressing the story, and Twitter prevented people from sharing it. Those who dared were suspended;…

British Prime Minister Boris Johnson heads to Brussels on Wednesday for talks with European Commission President Ursula von der Leyen in a push to secure a trade deal and avoid a turbulent breakup in three weeks. With growing fears of a chaotic no-deal finale to the five-year Brexit crisis when the United Kingdom finally leaves the European Union’s orbit on Dec. 31, the 1800 GMT meeting over dinner is cast as a chance to unlock the stalled trade talks. A British government source said a deal may not be possible, as did EU chief Brexit negotiator Michel Barnier. The main…

The State of Texas filed a lawsuit directly with the U.S. Supreme Court shortly before midnight on Monday challenging the election procedures in Georgia, Michigan, Pennsylvania, and Wisconsin on the grounds that they violate the Constitution. Texas argues that these states violated the Electors Clause of the Constitution because they made changes to voting rules and procedures through the courts or through executive actions, but not through the state legislatures. Additionally, Texas argues that there were differences in voting rules and procedures in different counties within the states, violating the Constitution’s Equal Protection Clause. Finally, Texas argues that there were “voting irregularities” in these…

A Conservative MP who is calling for evidence about whether freedom of religion has been compromised by the lockdown has said she does not think churches in England should have closed in November and should not close if there is another lockdown. Fiona Bruce, the MP for Congleton, told Premier church leaders feel like they weren’t consulted for the November lockdown in England and that the short notice around the rules for weddings this year has been unhelpful. Bruce said: “There’s a sense amongst the churches that they’ve gone through a great deal of trouble to make their buildings Covid-secure…

Cristiano Ronaldo netted two penalties as Juventus out-classed Barcelona 3-0 at the Camp Nou to claim top spot in Champions League Group G on Tuesday. It was Ronaldo’s first meeting with Barca since leaving bitter rivals Real Madrid in 2018 and it did not take long for the forward to make his mark on the game. The Portuguese tested Barca goalkeeper Marc-Andre ter Stegen early on, before opening the scoring from the spot in the 13th minute after being felled by Ronald Araujo. Defender Danilo flashed an effort just wide as the visitors cranked up the pressure, with a stunning…