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Author: LoveWorld UK
The historic slump across British businesses levelled off last month as some of the economy reopened following an easing of the coronavirus lockdown, a business survey showed on Friday. The IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) rose to 47.1 from 29.0 in May, slightly higher than a preliminary reading of 47.0 but still below the 50 threshold for growth. “Encouragingly, more than one-in-four service providers reported an expansion of new business during June, which was commonly attributed to pent-up demand and the phased restart of the UK economy,” said Tim Moore, economics director at IHS Markit, which compiles…
British police said on Thursday they had carried out their biggest operation ever, arresting “iconic” figures and smashing thousands of conspiracies including murder plots after infiltrating a communications service used by criminals. The National Crime Agency (NCA) said the cracking of the encryption used by EncroChat, which offered a secure mobile phone instant messaging service and was used by criminals to coordinate their activities, had allowed detectives across the country to make almost 750 arrests. The agency said it also meant a specialist team had been able to stop rival gangs carrying out kidnappings and executions, “successfully mitigating over 200…
Britain will end coronavirus quarantines for people arriving in England from more than 50 countries, including Germany, France, Spain and Italy – but not the United States – the British government said on Friday. The move, effective July 10, clears the way for millions of British tourists to take summer holidays without worrying about being quarantined when they return. Those arriving from higher risk countries will still have to self-quarantine for 14 days under a rule which has angered airlines and travel companies. Prime Minister Boris Johnson’s government had debated for days how to ease the quarantine rules. Scotland, Wales…
World food prices rose in June to post their first increase of 2020 and mark a slight rebound after the sharp falls triggered by the coronavirus pandemic, the United Nations food agency said on Thursday. The Food and Agriculture Organization (FAO) food priceindex, which measures monthly changes for a basket of cereals,oilseeds, dairy products, meat and sugar, averaged 93.2 points last month, up 2.4% on May. FAO said it had rebased here all its indices, shifting the base period to 2014-16 from a previous 2002-04. “As trade patterns evolve, it is imperative to update the base period to ensure that the weighted…
The pound continued to be driven up by the weaker U.S. dollar on Thursday and stayed neutral versus the euro as investors assessed the probability of Britain signing a trade deal with the European Union by the end of this year. This month is crucial for sterling as by the end, it should become clear with Britain will walk away with a deal or not. “The second to last week and the last week of July are going to be the extreme Brexit crunch point,” said Stephen Gallo, European head of FX strategy at BMO. “If there’s not movement by…
Chelsea manager Frank Lampard blamed his side’s lack of attention to detail for a surprise 3-2 defeat at Premier league relegation battlers West Ham United on Wednesday. Lampard’s side dominated for long periods but were stunned late on when Andriy Yarmolenko slotted home an 89th-minute winner following a counter-attack by the home side. Chelsea could have moved into third spot and taken a huge step towards ensuring a Champions League berth with a victory but instead are fourth and are only two points above in-form Manchester United and Wolverhampton Wanderers. “It happens, it is the Premier League … we dominated…
British police said they had arrested a man over the toppling of a statue of a 17th Century slave trader last month, an incident which sparked a major debate about Britain’s imperial past. Anti-racism protesters demonstrating in the port city of Bristol in western England in the wake of the killing of George Floyd in the United States pulled down the statue of Edward Colston and threw it into the harbour. “A 24-year-old man was … arrested on suspicion of criminal damage and has since been released under investigation,” Avon and Somerset Police said in a statement. Colston had made a…
The United Kingdom said China’s imposition of a security law on Hong Kong was a “clear and serious” violation of the 1984 Joint Declaration and that London would offer around 3 million residents of the former colony a path to British citizenship. Hong Kong police fired water cannon and tear gas and arrested nearly 200 people as protesters took to the streets in defiance of sweeping security legislation introduced by China that they say is aimed at snuffing out dissent. “The enactment and imposition of this national security law constitute a clear and serious breach of the Sino-British Joint Declaration,”…
Advertisements for more than 400 brands including Coca-Cola (KO.N) and Starbucks (SBUX.O) are due to vanish from Facebook (FB.O) on Wednesday, after the failure of last-ditch talks to stop a boycott over hate speech on the site. U.S. civil rights groups have enlisted the multinationals to help pressure the social media giant into taking concrete steps to block hate speech in the wake of the death of George Floyd and amid a national reckoning over racism. Facebook executives including Carolyn Everson, vice president of global business solutions, and Neil Potts, public policy director, held at least two meetings with advertisers…
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