Author: Loveworld UK

Nissan is set to cut hundreds of jobs at its plant in Sunderland because of a fall in demand for diesel-powered cars. The automotive giant said there would be a “short-term” cut to production.A spokesman would not confirm how many jobs would be affected but Sky News understands that reports that they are in the hundreds are correct.Nissan is “transitioning to a new range of powertrains over the next year”, it added, saying the move was “not related to Brexit”. Image: A notice offering redundancy packages A “short-term reduction in powertrain supply and plant volumes” had been “planned”, it said.A…

Arsenal manager Arsene Wenger is to leave the club at the end of the season after almost 22 years. The 68-year-old football manager issued a statement after Arsenal confirmed the news.He said: “After careful consideration and following discussions with the club, I feel it is the right time for me to step down at the end of the season.”I am grateful for having had the privilege to serve the club for so many memorable years.”I managed the club with full commitment and integrity. I want to thank the staff, the players, the Directors and the fans who make this club…

Donald Trump said Vladimir Putin had told him Russia had “some of the most beautiful hookers in the world”, according to memos written by a former FBI chief. The US President also raised concerns about his national security adviser’s “judgement”, according to a 15-page document written by James Comey in the weeks before he was fired by Mr Trump in May last year.The revelations come as Moscow revealed Mr Trump had invited the Russian leader to Washington.Mr Comey’s memos detail interactions with Mr Trump that he felt were unnerving enough to put down in writing.The seven encounters include a discussion…

Russia has revealed it warned the US about “red lines” it should not cross before it launched airstrikes on Syria. Foreign minister Sergei Lavrov is reported to have said that officials in Washington were contacted before last weekend’s strikes by the US, UK and France.Some 105 missiles were launched in response to a suspected chemical attack in the Syrian city of Douma on 7 April that killed more than 40 people.The Kremlin had threatened retaliatory action if strikes were launched – but it now appears there was at least some level of cooperation.Russia, a key ally of Syria, has denied…

Royal Mail’s chief executive Moya Greene is to step down after more than eight years in charge with almost £1m in pay and bonus. Rico Back, the head of Royal Mail’s parcels delivery arm GLS, will take over as the new chief executive, as was reported by Sky News last week.Ms Greene, who had run the Canadian postal service for several years, steered the former state monology through its controversial £3.3bn privatization.”When Moya joined in the summer of 2010, the Company was balance sheet insolvent,” Peter Long, chairman of Royal Mail, said.”Since then, Royal Mail has been transformed, including our…

UK financial regulators plan to fine Barclays chief executive Jes Staley over attempts to uncover the author of an anonymous letter. The Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA) opened an investigation in 2017 looking at Mr Staley’s alleged attempt to unmask an employee who wrote a letter raising concerns about the recruitment of a senior employee.According to Barclays, regulators have found Mr Staley’s actions represented a breach of individual conduct rules that relates to a “requirement to act with due skill, care and, diligence”.”Each have proposed that he pay a financial penalty,” Barclays said.”The FCA and PRA…

A woman has died after a fire broke out at residential units for adults with learning disabilities in northeast London. More than 70 firefighters tackled the blaze in Chingford after they were called at about 2.14am on Friday.London Fire Brigade said 12 people left the three-storey block before they arrived but confirmed one woman had died. Image: The fire in a three-storey building in northeast London. Pic: @LAS_HART Station manager Keith Wilson, who is at the scene, said: “Firefighters have been working hard to contain the spread of the fire which has destroyed the roof. Crews expect to be here…

Retail sales fell by 1.2% in March as freezing weather kept shoppers at home, official figures show. The decline was worse than expected because of a sharp 7.4% downturn in petrol sales as the cold snap deterred motorists from travel.But even stripping these out it was still a tough time for the high street with sales excluding petrol falling by 0.5%, according to the Office for National Statistics (ONS).However the snow did provide a boost for internet spending, the ONS said.Department stores enjoyed 0.8% growth as offers for Mother’s Day and Easter gifts lifted online sales more than usual during…

Debenhams has reported an 85% slump in half-year profits after sales were battered by the Beast from the East and heavy restructuring costs also took their toll. The department store chain said almost 100 of its stores temporarily closed as a result of the extreme weather conditions earlier this year.Pre-tax profits for the 26 weeks to 3 March collapsed to £13.5m compared to £87.8m in the same period last year, with like-for-like sales down 2.2%.The group cut its interim dividend by half to 0.5p. Shares fell 10% in early trading.Debenhams said the weather impact alone was estimated to have accounted…

It had the air of a fait accompli. The day after the stunning news that Donald Trump’s top spymaster secretly met face to face with Kim Jong Un, the President seemed to confirm that he would meet the North Korean leader “in the coming weeks”.No ifs, no buts. It appeared to be a definite. Video: Trump: Pompeo ‘got on well’ with Kim Jong Un Months after the two men were exchanging “rocket man” and “dotard” insults, a historic reconciliation was now possible.Then, minutes later, a characteristic caveat from the President: “If the meeting, when I’m there, is not fruitful, I…