Author: Loveworld UK

Deutsche Bank has sacked its British chief executive John Cryan after three years of financial losses. Mr Cryan will leave Germany’s biggest lender at the end of April.He took the job in July 2015, following the departures of co-CEOs Anshu Jain and Juergen Fitschen.Before that, he was president for Europe at the Singaporean sovereign wealth fund Temasek and chief financial officer of Swiss bank UBS.The 57-year-old had tried to cut costs and pull the bank from less profitable businesses and regions.Despite this, recovery was slow, not helped by low interest rates putting pressure on lending margins as well as a…

Moya Greene, the chief executive of Royal Mail Group, is preparing to step down after an eventful eight-year tenure in which she steered the company through its controversial £3.3bn privatisation. Sky News has learnt that the board of the former state monopoly has been discussing in recent weeks a move to appoint Rico Back, the head of Royal Mail’s parcels delivery arm GLS, as Ms Greene’s replacement as soon as this year.The precise timing of Ms Greene’s departure from the company was unclear this weekend, although‎ one source close to its board said an announcement was likely to be made…

Donald Trump has warned Russia and Iran there will be a “big price to pay” for backing the Syrian regime after a suspected chemical attack. The US President condemned as “mindless” and “SICK” reports of at least 70 people being killed, and a further 500 injured, in an alleged chlorine gas attack in the city of Douma in eastern Ghouta.There has been no independent verification of the claims – made by the White Helmets rescue service and other opposition-linked medical relief groups – of a chemical attack.The allegations have been denied by the Syrian government and Russia.Syrian media accused anti-Assad…

The Justice Secretary has admitted responsibility for a decision which almost led to the release of black cab rapist John Worboys. David Gauke decided not to challenge the Parole Board’s decision to allow the serial sex attacker to walk free from jail after he had served 10 years in prison.There was widespread criticism when it emerged the panel had decided Worboys was safe to be freed – a move which was successfully blocked by two of his victims last month.Three High Court judges upheld the legal challenge by the women and ordered the Parole Board to reconsider its decision.Judges said…

Banning the sale of acid to under-18s and tougher restrictions on buying knives online are among new measures announced by the Government to tackle violent crime. As part of the Offensive Weapons Bill, ministers are also preparing to extend stop and search powers enabling police to seize corrosive substances.Home Secretary Amber Rudd is also expected to challenge social media companies to do more to crack down on gang-related content.The different measures all fit into the Government’s serious violence strategy, which will launch on Monday.:: Woman held after stabbing outside London station Video: London murder spike ‘not a crisis’ It comes…

When people buy their own homes they believe they will own their house – but for many leasehold homeowners, the true owner of their home is a faceless company which can sell on their stake without their knowledge or consent.  Jo Derbyshire bought her home near Bolton, Greater Manchester, eight years ago. She was aware she was buying a leasehold and knew the ground rent of £300 year would double every 10 years.The mother-of-two planned to buy the freehold, priced at £5,000, as soon as she had the money. But a year later the property developer sold it to an…

The US has called on Russia to end its support for the Syrian regime after at least 70 people were killed in an alleged chemical attack. The State Department in Washington said it was closely following the “disturbing reports” from the city of Douma in eastern Ghouta, which an aid group with links to opposition forces in the region said had been subjected to “one of the worst chemical attacks in Syrian history” late on Saturday.As well as the dead, more than 500 other civilians were injured in the strike, the Union of Medical Care and Relief Organisations (UOSSM) told…

Barclays is preparing to kick off the hunt for a successor to chairman John McFarlane, paving the ‎way for the third change at the top of Britain’s second-largest bank since 2012. Sky News has learnt that Crawford Gillies, Barclays’ senior independent director, is expected to instruct headhunters shortly to conduct a wide s‎earch for its next chairman.Mr McFarlane is expected to step down at the bank’s annual meeting next year, although the timetable remains fluid and could be extended, according to people close to the bank.Among the leading candidates to replace him will be Sir Gerry Grimstone, who has announced…

Britain has accused Russia of “pursuing a diversionary tactic” after the country’s London embassy requested a meeting with Foreign Secretary Boris Johnson to discuss the Salisbury poisonings. The request came just a day after former Russian spy Sergei Skripal was revealed to be “responding well to treatment”.There is growing speculation that Mr Skripal, 66, and his daughter Yulia, 33, who is also recovering, may be able to help the investigation.Britain says the Skripals were poisoned with a nerve agent, novichok, and that it is “highly likely” Russia was to blame – something Moscow has denied.In a statement on its website,…

Syrian forces have renewed their attack on rebel areas in eastern Ghouta after talks to arrange a withdrawal failed. A heavy bombardment of the opposition holdout of Douma, outside Damascus, left 40 civilians dead on Friday, the UK-based Syrian Observatory for Human Rights said.A further eight civilians were killed on Saturday, the Observatory added.It was hoped a deal had been struck to allow fighters to withdraw from the area, which has been dubbed “hell on Earth” because of the conditions in which people live. Video: Young man pulled from rubble in Douma Fighters from Jaish al Islam were last week…