Governor of the Bank of England Andrew Bailey says UK banks remain 'strong' (Image: Getty) Get pensions news and advice plus latest money alerts for FREE now SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info The country's economic outlook has "deteriorated materially" alongside the rest of the world but is faring better than the 2008 crisis, experts said yesterday. Related articles Cost-of-living crisis fuels boom for pawnbrokers City urged to immediately cut 1.7 million EU rules stifling economy Susannah Streeter, senior investment and markets analyst at Hargreaves Lansdown, said the Bank's verdict seems to be that "the situation isn't as quite as bad as previous crises". She added: "Consumers might be coping with the biggest … [Read more...] about UK robust banks resilient enough to weather financial downturn
Audi electrifies the world economic forum in davos
‘Without UK Russia would have won long ago’ Macron shamed over ’embarrassing’ Ukraine aid
Ukraine: Expert highlights the ‘successes’ against Russia Get our free Ukrainians in the UK email for updates, changes and news SUBSCRIBE Invalid email We use your sign-up to provide content in ways you've consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info According to figures released by the Kiel Institute for the World Economy, the UK has contributed $3.72bn (£3.1bn) in military aid to Ukraine , second only to the US which contributed $25.45bn (£29.56bn). The figures revealed that some of the biggest EU countries fell quite short of their promises, with Italy and France only contributing $0.11 bn and $0.16bn respectively. Related articles Putin channelling Stalin with terrifying starvation plan Biden sends two warships to Spain to bolster NATO defence Sharing the data, French paper … [Read more...] about ‘Without UK Russia would have won long ago’ Macron shamed over ’embarrassing’ Ukraine aid
Meet Lauren Hemp: England’s breakout star poised to light up this summer’s home Euros
Lauren Hemp has a problem. And, given she is tipped to become one of the breakout stars of England’s European Championship campaign , it is only going to get worse. While on the pitch Hemp plays football with a freedom and confidence that electrifies even the dullest of games , you would have no idea that, inside, she is instinctively shy and reserved. But if there is one aspect the 21-year-old has struggled with in her career, it is the idea that she is a celebrity. Hemp habitually shuns the limelight. She doesn't like being spotted, and values the relative anonymity living in a big city like Manchester gives her. “I don’t really enjoy that side of things,” she admits to Telegraph Sport. “Like when I’m playing, that’s fine, but off [the pitch]… It’s something I guess we are going to have to get used to it - try to embrace it. I’m definitely far more comfortable being spotted in my football kit than in a tracksuit going to the cinema with my friends.” So when Hemp was … [Read more...] about Meet Lauren Hemp: England’s breakout star poised to light up this summer’s home Euros
When Donald Meets Hillary: Who Will Win the Debates?
The most famous story about modern presidential campaigning now has a quaint old-world tone. It’s about the showdown between Richard Nixon and John F. Kennedy in the first debate of their 1960 campaign, which was also the very first nationally televised general-election debate in the United States. The story is that Kennedy looked great, which is true, and Nixon looked terrible, which is also true—and that this visual difference had an unexpected electoral effect. As Theodore H. White described it in his hugely influential book The Making of the President 1960 , which has set the model for campaign coverage ever since, “sample surveys” after the debate found that people who had only heard Kennedy and Nixon talking, over the radio, thought that the debate had been a tie. But those who saw the two men on television were much more likely to think that Kennedy—handsome, tanned, non-sweaty, poised—had won. Historians who have followed up on this story haven’t found data to back … [Read more...] about When Donald Meets Hillary: Who Will Win the Debates?
Germany’s Scholz: Ukraine war calls for faster energy transition — live updates
Kyiv rejects Russia's announcement that it destroyed two US-made HIMARS in eastern Ukraine Germany to replenish weapons' stock for countries supplying Ukraine New requirements for Ukrainian conscripts scrapped after Zelenskyy's criticism Lavrov to meet some G20 foreign ministers despite G7 threats The article was last updated at 17:43 UTC/GMT Scholz says Germany must speed up energy transition due to war Germany must implement the transition to green energy faster because of Russia's invasion of Ukraine, Chancellor Olaf Scholz said. Speaking at an event hosted by the Renewable Energy Association Scholz said Russia was using oil and gas exports as a political weapon. "Energy policy is not just a question of price. Energy policy is also security policy," according to the German leader. "That's why we now have to turbo charge the expansion of renewable energy," he said. Russia to create youth movement reminiscent of Soviet-era Russian lawmakers approved … [Read more...] about Germany’s Scholz: Ukraine war calls for faster energy transition — live updates
WALSH: The NBA Killed Itself With Politics And Propaganda. Good Riddance. | The Daily Wire
I am probably a typical case. Never qualifying as a diehard NBA fan, I nonetheless enjoyed the sport and typically became more invested during the playoffs. I loved watching the NBA Finals, especially, and had missed very few Finals games in the past decade or so. I never had a home team but rooted for my favorite players. I had followed Lebron James’s career, in particular, since his first stint with the Cleveland Cavaliers. But I didn’t watch a single minute of this past NBA season. LeBron and the Lakers won the trophy on Sunday and I didn’t realize that the game was even happening, or that the Lakers were up in the series. I found out the next day, due to viral footage of Lakers fans rioting in celebration (apparently, revelers celebrating a basketball team’s victory are immune to COVID, just like BLM activists and attendees of memorial services for Democrats). This was the first NBA season I’ve ever ignored, and I didn’t miss it. Being a sports fan is like being under some sort … [Read more...] about WALSH: The NBA Killed Itself With Politics And Propaganda. Good Riddance. | The Daily Wire
Pound slides to two-year low against the dollar
By Tom Espiner Published 2 hours ago comments Comments Share close Share page Copy link About sharing The pound has fallen to a two-year low against the dollar reflecting traders' increasing concerns about recession around the world as energy prices continue to soar. But sterling is also weak because markets are worried about future UK economic growth, analysts said. Sterling could fall even further after predictions of economic stagnation and as inflation rises, they added. London shares regained some ground on Wednesday following Tuesday's falls. The resignation of two senior government ministers on Tuesday evening, including former Chancellor Rishi Sunak, was not a significant factor in the pound's fall, Rabobank head currency strategist Jane Foley told the BBC Radio 4 Today programme. UK household energy bills to hit £3,000 per year Sunak … [Read more...] about Pound slides to two-year low against the dollar
Suella Braverman announces leadership bid on live TV as Tory rivals plot to succeed Boris Johnson
One of Boris Johnson's own Cabinet ministers announced on Wednesday night she would run in the leadership contest to replace him as she called for him to stand down. Suella Braverman, the Attorney General, set out her stall to be Prime Minister on live television but did not resign her role. Ms Braverman is the first minister to break cover in the leadership race, but The Telegraph understands Nadhim Zahawi has also been plotting a leadership bid for months with the help of political strategists connected to Sir Lynton Crosby. "If there is a leadership contest, I will put my name into the ring," Ms Braverman told ITV. "I love this country. My parents came here with absolutely nothing, and it was Britain that gave them hope, security and opportunity. "This country has afforded me incredible opportunities in education and in my career. I owe a debt of gratitude to this country, and to serve as Prime Minister would be the greatest honour. So yes, I will try." She vowed to … [Read more...] about Suella Braverman announces leadership bid on live TV as Tory rivals plot to succeed Boris Johnson
PETERSON: Russia Vs. Ukraine Or Civil War In The West? | The Daily Wire
We are now several months into the conflict with Russia. I say “we” because we are all pretending here in the West that the real war is between Russia and Ukraine but (nod nod wink wink) if we clandestinely, in some sense, provide full support to Ukraine then maybe the Russians, foolish and backward as they are won’t notice and we can simultaneously pretend that we aren’t flirting with the prospect of a long, arduous and inconceivably destructive war. I want to say at the outside that I think what Putin has done is unconscionable; God only knows what the impact will be, as all four of the horsemen of the apocalypse are on the march again. I think that the collusion of the leadership of the Russian Orthodox Church is even more unforgivable. Be that as it may, I also believe that the attempt to deeply understand the motive forces for this war, as it is very difficult to set things right (let alone avoid a similar future catastrophe—or even to stop this conflict from spreading) in the … [Read more...] about PETERSON: Russia Vs. Ukraine Or Civil War In The West? | The Daily Wire
How does the EU plan to bypass US sanctions against Iran? | Euronews Answers
The European Union is creating a new payment mechanism to allow countries to legally trade with Iran amid US sanctions. Here’s everything you need to know about the deal. What exactly did the EU and Iran agree to? Following a meeting with the foreign ministers of China, France, Germany, Russia, the UK and Iran, the EU’s foreign policy chief Federica Mogherini announced that new payment channels would be created to bypass US sanctions against Tehran. “EU Member States will set up a legal entity to facilitate legitimate financial transactions with Iran and this will allow European companies to continue trade with Iran, in accordance with European Union law, and could be opened to other partners in the world,” she explained. A joint statement said the six countries remained committed to the 2015 nuclear agreement and wanted to see “its full and effective implementation in good faith and in a constructive atmosphere". The "special purpose vehicle" aims to "assist … [Read more...] about How does the EU plan to bypass US sanctions against Iran? | Euronews Answers