UK government borrowing double than expected September 21, 2022 The UK government borrowed nearly double the amount than expected last month to fund the first stages of the cost of living care package, official figures published today show. Britain’s debt pile swelled £11.8bn in August, much higher than the country’s official forecaster, the Office for Budget Responsibility (OBR), projected £6bn at the March budget, [...]
Government and regulators ‘asleep at the wheel’ as UK risks fintech lead September 21, 2022 THE UK risks losing its lead in the race to be the globe’s fintech capital, founders of some of the UK’s most innovative finance firms have warned. One warned that the government was “asleep at the wheel” and not moving quickly enough to update the rule book. According to the Fintech Founders Summer Survey, in [...]
Government steps in with six month emergency package for businesses September 21, 2022 British businesses will be provided with a six-month emergency package of support to help them pay their energy bills this winter.
“Nothing short of a miracle” – Curing blindness in Dormaba, Nepal September 21, 2022 In March 2022, the Tej Kohli and Ruit Foundation, in collaboration with the Tilganga Institute of Ophthalmology, staged a cataract microsurgical camp in Doramba, Nepal. This turned out to be one of the biggest outreach camps held in the mountainous regions of Nepal. In total there were 333 patients with nine of them being completely [...]
Rail union consults members over fresh strike action at Govia Thameslink September 21, 2022 Rail union TSSA will consult members over a fresh strike action at Govia Thameslink Railway (GTR) in a long-standing dispute over pay, jobs and working conditions. The ballot – opening on 28 September and closing on 19 October at 12pm – will put to its members both the possibility of strike action and action short [...]
Sentiment shows no sign of improving as inflation narrative continues to impact Bitcoin price September 21, 2022 The price of Bitcoin is down 2.8 per cent over the past 24 hours at $18,853, while Ethereum is down 2.8 per cent over the same time frame.
Media and tech players in different states as we head into recession September 21, 2022 Summer is over and the nights are becoming longer. In addition, the increasing gloom on the weather front is matched by a similar gloom when it comes to the consumer. The rise of double-digit inflation, with skyrocketing energy bills, has dominated headlines and driven UK consumer confidence, according to GfK, down to historic low levels. [...]
Legend Moreira seeking Fortune on Valley return September 21, 2022 IT WILL be good to see former four-time Champion Jockey Joao Moreira back in action with a full-book of rides on an eight-race programme at Happy Valley today. Moreira made a belated return to the racetrack at Sha Tin last Sunday, and although only one of his seven rides made the frame, the Magic Man [...]
Queen Prawn holds Pretty tasty chance under Hewitson September 21, 2022 THERE was bad news for Karis Teetan on Monday, when the 32-year-old had to give up his intended six rides at the city track following a blood test which revealed a thyroid issue. It must have been particularly galling for the Mauritian Magician, who had already hit the ground running this season with a handful [...]
Third day of rail disruption at Paddington as cable issues persist September 21, 2022 Rail disruption at Paddington has continued today as engineers tackle the cable damage that prevented thousands from attending the Queen’s funeral on Monday. National Rail said that a few lines between Paddington and Hayes & Harlington were blocked because of the damage from the previous days, with services to Reading risking cancellation and delays. Disruption [...]
