Author: Loveworld UK

The UK economy bounced back from near stagnation in May, driven by the services sector as manufacturing contracted. Gross domestic product (GDP) grew by 0.3% month-on-month and 0.2% in the three months to May, the Office for National Statistics said. The figures were in line with economist estimates.The Bank of England will be closely watching the latest roll-out of monthly figures as it decides whether to hike interest rates in August.It has held back amid concerns the economy is barely expanding, with growth of just 0.2% in the first three months of the year mainly due to the unusual cold…

Elon Musk, the billionaire chief executive of SpaceX and Tesla, has left a small submarine at the site of the Thailand cave rescue. Despite being told by the head of the rescue operation that the submarine was not practical for the rescue mission, Musk stated he was leaving the submarine “here in case it may be useful in the future”.It is not clear if the submarine, which was built by engineers from SpaceX, is being abandoned inside of the cave system or is being stored in a facility in Thailand.A spokesperson for General Prayut Chan, the Thai prime minister, said…

Sir Martin Sorrell has beaten his former employer WPP to buy digital agency MediaMonks for an undisclosed sum. Sir Martin’s S4 Capital had taken on WPP in a bitter battle to take control of the Dutch company, thought to be worth £265m.WPP, the FTSE 100 company he founded, warned Sir Martin that his bid was “unlawful” and it would strip him of his WPP shares worth £20m. WPP alleged Sir Martin had been “heavily engaged” in its evaluation of the bid for MediaMonks. Sir Martin, who left the company in April, disputed this and asked WPP to provide evidence of…

Prince Louis will have six godparents when he is christened at St James’s Palace later today, Kensington Palace has revealed. The Queen and Duke of Edinburgh will not be attending the christening, however, after a busy week of high-profile events in central London and ahead of a visit by US President Donald Trump.A Kensington Palace source said that the Queen’s non-attendance is not related to illness, but was mutually agreed some time ago.The christening was described as a small affair with immediate family and godparents. Image: Prince Louis is fifth in line to the throne The Duke and Duchess of…

Japanese automaker Nissan says it found emissions and fuel economy data had been falsified at most of its factories in Japan. Nissan said data had been deliberately “altered” although the company did not say how many cars had been affected.The company, which makes the Leaf electric vehicle, uncovered the issues during voluntary testing after its inspection process was deemed faulty by the government.In a statement, Nissan said it found “exhaust emissions and fuel economy tests that deviated from the prescribed testing environment” and inspection reports were created “based on altered measurement values.”Nissan said the erroneous testing does not affect exports.…

Mothercare has increased the number of stores it plans to close to 60, resulting in the loss of 900 jobs. The struggling retailer said its subsidiary Childrens World has been placed into administration and it will transfer 13 of its 22 stores to Mothercare.Last month, Mothercare rehired Mark Newton-Jones as its chief executive, announced plans to close 50 stores and raise fresh money from its shareholders as part of a rescue plan.In an update to the London Stock Exchange, the company said it plans to raise £32.5m through the sale of new shares to existing shareholders. It hopes to complete…

This was D Day, according to the head of the rescue operation. It was fighting talk ahead of what would be a “war against water”.That battle of attrition against the elements had been waged continuously before the rescue started – heavy drainage pumps were the weapons reducing the water levels in many of the cavernous chambers.The monsoon weather did roll in as the dive teams set about their task. Image: The boys, from an under-16 football team, are trapped inside Tham Luang cave Outside the cave and at the media site there was a great deal of nervousness – an…

After a football practice on Saturday 23 June, 12 young players and their “Wild Boars” team coach entered the 10km (6 mile) Tham Luang cave complex in Chiang Rai province, northern Thailand.When they failed to return home, a huge search operation was launched, with rescuers facing a race against time to find them as heavy rain battered the region and flooded parts of the cave.After 10 days, they were found weak but alive and planning for their rescue began. Here is how the events unfolded. 25 June Search and rescue operation begins Police say they are working with local authorities…

Divers taking part in a “highly dangerous” operation to save 12 boys and their football coach trapped in a cave in Thailand could pull off “one of the greatest rescues in history”, an expert has told Sky News. Peter Faulding, founder of rescue response provider Specialist Group International, said the right team of people were handling the operation but warned of the dangers faced by the divers and the children.He said air supply for everyone involved would be one of the biggest issues to deal with given the length of the journey in and out of the cave. He predicted…

England’s World Cup quarter-final victory has sparked wild scenes across the country as fans took to the streets to celebrate the team’s success. Supporters blocked traffic and climbed on to vehicles, bus stops and street signs after the Three Lions’ dramatic win over Sweden.An ambulance vehicle in London was badly damaged after several people were pictured standing on top of it while a medic responded to a call nearby.London Ambulance Service said there was “no excuse” for the vandalism which meant the car was unable to respond to patients after suffering a smashed windscreen and dented bonnet. Image: There were…