UK to send emergency relief to Lebanon following Beirut explosion August 5, 2020 The UK will provide £5m in aid to Beirut, including search and rescue help and expert medical support after the explosion at Beirut Port yesterday. An explosion in the Lebanese capital yesterday left thousands injured with a death toll of more than 100. Following a call with the Prime Minister of Lebanon Hassan Diab, the [...]
FTSE 100 ends higher and gold surges as investors bet on stimulus August 5, 2020 The FTSE 100 closed higher and US stocks rose as investors hoped Democrats and the White House would strike a new stimulus deal, while gold surged to a fresh all-time high. London’s blue-chip index ended the day one per cent higher at 6,098 points. The FTSE 250 of mid-cap firms jumped 1.7 per cent. Read [...]
Finance must play a bigger role in the UK’s national security, says think tank August 5, 2020 A think tank has called on the government to use the UK’s financial capabilities to further support its national security policy. The Royal United Services Institute (RUSI) has recommended the UK capitalise on its financial advantages ahead of an integrated review of the UK’s foreign policy, defence and security. In February, the government announced the [...]
Will the Bank of England change its tune on the UK economy? August 5, 2020 The Bank of England will announce its latest monetary policy decision tomorrow, but investors and policymakers will be focused on whether Threadneedle Street has become more pessimistic about the UK economy. Two months ago, the BoE’s monetary policy committee (MPC) raised some eyebrows when it said the UK economy would suffer an unprecedented crash but [...]
Tiktok reveals new measures to fight misinformation for US 2020 election August 5, 2020 Tiktok has unveiled a host of new measures it is undertaking to fight misinformation ahead of the US 2020 presidential election, as the app tries to appease threats of a total ban. Tiktok, which is under fire for its alleged links to the Chinese government via parent firm Bytedance, said it was working with experts [...]
Boohoo inquiry calls for former Leicester factory workers to give evidence August 5, 2020 The inquiry into poor working conditions at factories used by Boohoo suppliers in Leicester has called for current and former employees to give evidence. Alison Levitt QC, who is leading the inquiry, urged members of the public to give evidence on working conditions in factories in Leicester, what Boohoo knew about the conditions and suggestions [...]
Spitting Image unveils puppets of PM and Cummings ahead of relaunch August 5, 2020 Spitting Image has unveiled its puppets of Boris Johnson and his chief adviser Dominic Cummings ahead of its return in the autumn. The show, which will relaunch after 24 years, was made famous in the 1980s for its mockery of politiians. Read more: Spitting Image to return after 24 years following Britbox commission It will [...]
Tory mayor candidate Shaun Bailey shows off his campaign makeover August 5, 2020 Shaun Bailey’s had a tough time of it as the Conservative mayor of London candidate. Chosen back in 2018, he has had two years to raise his profile and launch attacks on the mayor through his role as a London Assembly member. Despite ample opportunity, Bailey did not manage to lay a glove on Sadiq [...]
Ocado lists M&S products ahead of delivery partnership launch August 5, 2020 Marks & Spencer has begun listing products on the Ocado website ahead of their delivery partnership, which is scheduled to begin next month. The supermarket has added more than 750 new products, which will be available to buy through the Ocado website from 1 September. However M&S warned customers that it may not be possible [...]
The New York Times’ digital sales overtake print for first time August 5, 2020 The New York Times beat Wall Street expectations in its second-quarter results today, as its digital efforts overtook its print business for the first time. The firm’s digital products, which includes online news, podcasts, recipes and crosswords, gained 669,000 subscribers in the quarter. More than half of the New York Times’ revenue comes from subscriptions, as [...]
