Author: Loveworld UK

Struggling Deutsche Bank says it is to cut more than 7,000 jobs, in a move that will see staff numbers in London scaled back. Germany’s biggest lender, which is battling a shareholder backlash at its AGM in Frankfurt today following three years of financial losses, said the job reductions were part of accelerated cost-saving measures across the group.It is understood hundreds of positions will be affected in its UK operation.The bank employs roughly 8,500 staff in London. The news is a new blow to the City, which is also facing the prospect of a Brexit-linked loss of work to other…

A teenager has been arrested in Hertfordshire on suspicion of preparing acts of terrorism. The 19-year-old man was detained by counter-terror police just before 7pm on Wednesday in a street in Bishop’s Stortford, where a property is being searched.The Metropolitan Police said it was related to the arrest of an 18-year-old man by armed police in a north London street on Friday.Both suspects are being held in custody on suspicion of preparing acts of terrorism, under Section 5 of the Terrorism Act 2006, police said.A 20-year-old woman was arrested in south London just after 8am on Wednesday in connection with…

More than 80 members of the Mexican Mafia have been charged with taking part in a conspiracy to run drugs and carry out violent assaults ordered from prison. Prosecutors said the organisation – made up of Latino gang leaders – operated like an illegal government, collecting “taxes” on drugs smuggled into Los Angeles prisons and ordering hits on those not following their rules.On Wednesday, 83 members and associates were charged over allegations of drug dealing, extortion, violent assaults and murders.Lawyer Nick Hanna told reporters: “We just delivered a blow to a cold-blooded prison gang and their associates.”Authorities said the so-called…

Two people have died and 18 have been injured after a train hit a truck stopped on the tracks near the northern Italian city of Turin, officials have said. One of those killed was an engineer of the train, which ploughed into the truck near the town of Caluso at 11.20pm local time, the Italian news agency ANSA reported.The train had been travelling from Turin to the town of Ivrea.One of two critically injured people later died in hospital after being taken away from the crash site by helicopter.According to ambulance officials, a total of 18 people were injured following…

Sustainable long-term funding for the NHS could cost £2,000 for every household in Britain, or the equivalent of 9p on income tax, two respected think tanks have said. In a joint report, the Institute for Fiscal Studies (IFS) and the Health Foundation have calculated that health spending will have to rise faster than than the economy grows for the foreseeable future, and meeting this expense will inevitably lead to tax increases.The report comes as hospital trusts in England prepare to reveal the cost of coping with soaring demand in the worst NHS winter since current standards began.Sky News understands hospitals…

Businesses are to be offered financial incentives if they employ ex-offenders under ambitious new plans being unveiled by the justice secretary. The inmate education and employment strategy will give individual prison governors full autonomy to tailor their programmes to meet the needs of employers in their local area.Prison officers have voiced concerns that recent staffing cuts will make it extremely difficult to supervise the programme in some jails.Sky News was given access to HMP Standford Hill in Kent to see the new programme in action.Inmates behind the wheel of diggers and dumper trucks were churning up the earth around the…

Marks and Spencer (M&S) has revealed steep falls in annual sales and profits, hours after accelerating its store closure programme. The chain reported pre-tax profit in the year to 31 March came in 62% down on the previous year at £66.8m.While its bottom line was hit by £321.1m in costs related to its latest turnaround efforts, as reported by Sky News, trading profits were 5.4% lower.M&S said that reflected weaker food margins and like-for-like sales falling 0.9% in its core UK market. Image: M&S opened 62 Simply Food stores in its last financial year The fourth quarter’s performance showed a…

A 30-year-old man has been ordered to move out of his parents’ home by a court following a legal battle. A judge urged Michael Rotondo to move out of his family home in Camillus, near Syracuse in New York, on his own accord.However Mr Rotondo, who represented himself, argued he should be allowed to live with his parents for another six months.Supreme Court justice Donald Greenwood branded Mr Rotondo’s demand “outrageous” and issued an eviction order.The ruling comes after Christina and Mark Rotondo sued their son, who moved back home eight years ago, after repeatedly sending him formal letters asking…

Some of the best pictures of the Mount Kīlauea eruptions and lava flows have come from the air, so we decided to take a helicopter to the southern coast of Hawaii’s Big Island. Our pilot Casey Allen flew us close to the lava pouring into the sea.He was careful to stay upwind of a huge plume of toxic steam, or lava haze. 1:38 Video: Watching the ground open up and spill lava The haze is produced when molten lava reacts with sea water to make hydrochloric acid and tiny shards of glass.Despite this, it was a breathtaking, primal scene.Lava oozed…

It is not just in the workplace that women suffer from the gender pay gap – girls also lose out when it comes to being rewarded for helping around the home. A survey of 500 people by Santander found that a third of parents pay children for doing household chores, with boys typically getting £6.99, while girls only received £4.67.And when it came to being paid for good behaviour at school the gap was even wider with boys getting almost twice as much as girls at £8.28 compared to £4.18.But the survey also found that while parents give with one…