Author: Loveworld UK

It would now take the typical UK worker 160 years to rake in the average annual amount handed to a FTSE 100 boss, according to a study. The report, by the High Pay Centre pressure group and the Chartered Institute of Personnel and Development (CIPD), said it represented an increase of 20 years on the pay gap in 2015. It blamed the largely stagnant nature of pay growth for the rise, with its analysis suggesting the gulf was widening despite a marked fall in the total awards received by the chief executives as boardrooms come under pressure. The annual study…

The UK economy will bounce back in 2018 – prompting the Bank of England to raise interest rates to a more normal level before Brexit, economists believe. The National Institute of Economic and Social Research (NIESR), which had previously forecast inflation would peak at 3.4% by the end of this year, has revised the figure down to 3%, before easing back to the target rate of 2% in the final quarter of 2019. The think tank said it had revised down its inflation forecasts because the Consumer Prices Index (CPI) measure came in weaker than expected in the second quarter. Inflation…

The Government has been urged to pressure EU states to adequately staff their airports as British travellers face more delays due to new security measures. Passengers have queued for up to four hours at airports this week, with some EU states criticised for not bringing in extra staff. The new rules have been introduced following terror attacks in Paris and Brussels. EU countries have to carry out tougher checks on passengers entering or leaving the Schengen area, which covers most of mainland Europe and lets people move passport-free. Travellers’ details now have to be run through databases to see if…

The Duke of Edinburgh will attend his final official engagement later, but the palace has hinted it won’t necessarily be the last time we see him on royal duty. Prince Philip, who turned 96 in June, will attend a parade at Buckingham Palace to mark the finale of the Royal Marines 1664 Global Challenge. Buckingham Palace announced in May that the Duke would not be taking on any more solo engagements from Autumn this year. A palace spokeswoman said the parade would “bring His Royal Highness’s individual programme to a conclusion, although he may choose to attend certain events, alongside…

Areas of the Moon have an “unusually” large amount of trapped water that could support future lunar explorations, according to a new report. The sub-surface water reserves appear to be contained within volcanic deposits and are further proof the Moon is water-rich, researchers at Brown University say. Shuai Li, co-author of the study of satellite data, said the supply could potentially be extracted and used as “in situ resources for future exploration”. “The growing evidence for water inside the Moon suggests that water did somehow survive, or that it was brought in shortly after the impact by asteroids or comets…

A top official at the Bank of England has vowed it will “plug” any risk to banks from reckless lending through further measures, as it frets over soaring levels of consumer credit. Executive director of financial stability, Alex Brazier, told an audience in Liverpool the Bank would have to respond if lenders are found to be repeating mistakes of the past – warning against a “spiral of complacency”. He said: “We have already, in recent months, taken steps to strengthen banks’ defences against losses by raising the capital buffers they are required to hold on all their lending. “And to make sure…

Donald Trump’s son-in-law Jared Kushner has insisted he made no deals with Russia as part of the US presidential campaign. Following a closed-door Senate committee hearing on Monday, the senior White House aide told waiting media he had answered all the questions put to him. On Tuesday, House committee members will ask their questions, again in closed session. The focus will once again be his meetings with Russian officials and why he failed to fully disclose his foreign contacts when getting his security clearance. Speaking after Monday’s appearance, Mr Kushner said: “All of my actions were proper.” He added: “I…

Israel has removed controversial metal detectors at the entrance to a holy site in an attempt to defuse violent protests. Security forces removed the devices from a compound known to Muslims as Noble Sanctuary and Jews as Temple Mount during a pre-dawn operation ordered by Prime Minister Benjamin Netanyahu. The metal detectors were installed after Arab gunmen killed two policemen from inside the shrine earlier this month. The move incensed the Muslim world and triggered some of the bloodiest clashes between Israelis and Palestinians for years, with seven people killed over the weekend. Following a second day of talks, Israel’s security…

There were 86,055 advertised full-time vacancies in the NHS in the first quarter of 2017 compared with 78,112 in the same period last year, new figures from NHS Digital show. Figures released by NHS England show that in March there were 30,613 vacant full-time equivalent positions advertised, compared to 26,424 in the same month in 2016. Of those positions vacant in March 2017, 11,485 positions were in nursing and midwifery (38% of the 30,613 total) and 6,575 (21%) were clerical or administrative. It comes after it emerged that a London hospital is recruiting doctors directly from India to avoid getting into a…

Donald Trump’s lawyer has insisted that a meeting between the President’s eldest son and Russian nationals during last year’s election was not illegal. Lawyer Jay Sekulow distanced his client from the June 2016 meeting, saying that the President did not know about it at the time. “Donald Trump Jr himself said things should have been done differently”, Mr Sekulow said in an interview with ABC. “Having said that again, none of that is violation of the law, that’s more process.” He also suggested that as the Secret Service allowed the meeting to take place it was not “nefarious”. Mr Sekulow…