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
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We’ve Never Seen Mars Quite Like This
When Corrine Rojas comes into work, Mars is waiting for her. She drives to the office, grabs a cup of coffee, and then pulls up the latest dispatches from Perseverance, a car-size NASA rover situated inside a crater in Mars’s northern hemisphere. Rojas, an operations engineer at Arizona State University, checks that the rover’s main cameras are working well, and that they took the shots scientists back home had asked for. Then, she basks in the wondrous sights of our celestial neighbor. “I am often the first person to lay eyes on photos from Mars taken by the rover,” Rojas told me. And Mars has been looking particularly good lately. That’s not to say that the planet has been working on its appearance; aside from the winds blowing around some dust, it has remained mostly unchanged for a few billion years . The difference is us, and particularly the Perseverance mission, which has captured some of the sharpest views of the Martian surface to date. The rover’s job is to search for … [Read more...] about We’ve Never Seen Mars Quite Like This
Sherry Rehman terms rain casualties ‘national tragedy’ as death toll climbs to 77
ISLAMABAD: Minister for Climate Change Sherry Rehman on Wednesday said that at least 77 people have lost their lives as monsoon rains wreak havoc across the country, with 39 deaths reported from Balochistan alone. The current monsoon rains left hundreds of homes destroyed and hampered rescue operations in remote areas of the country. Addressing a press conference in Islamabad, the minister termed the casualties a "national tragedy" and said that the National Disaster Management Authority (NDMA) has prepared a national contingency plan to deal with the situation during the monsoon season. The NDMA has also called on people to stay alert to prevent further damage, she added. “We need a comprehensive plan to avert these [deaths and devastation] as all of this destruction is taking place due to climate change." The rains have not stopped and will continue till July 8, according to the Pakistan Meteorological Department (PMD), which has also warned of water logging in low-lying … [Read more...] about Sherry Rehman terms rain casualties ‘national tragedy’ as death toll climbs to 77
Current spell of monsoon rains claim 77 lives in Pakistan: Sherry Rehman
ISLAMABAD: The current spell of monsoon rains has claimed at least 77 lives in the country so far, revealed Minister for Climate Change Sherry Rehman Wednesday. Addressing a press conference in the federal capital, Rehman said that out of the total, 39 rain-related fatalities were reported from Balochistan alone — the most from any province. The climate change minister termed the deaths a “national tragedy” as hundreds of homes have been destroyed and rescue operations in remote areas are being hampered due to heavy rains. She added that the National Disaster Management Authority (NDMA) has prepared a national monsoon contingency plan, but also called on people to stay alert to prevent further damage. “We need a comprehensive plan to avert these [deaths and devastation] as all of this destruction is taking place due to climate change,” the federal minister said. The rains have not stopped and will continue till July 8, according to the Pakistan Meteorological Department … [Read more...] about Current spell of monsoon rains claim 77 lives in Pakistan: Sherry Rehman
Dentist’s urgent warning to Brits thinking of going overseas for cheap ‘Turkey teeth’
A dentist has issued a stark warning to Brits thinking of going overseas for cheap 'Turkey teeth'. The latest cosmetic dental trend of travelling abroad to get cheaper treatment is becoming increasingly popular as in the UK alone - 63% of those considering treatments are aged between 18-34, Liverpool Echo reports. However, experts say people committing to a lifetime of unnecessary, expensive and painful treatments could be at risk as many don’t even know what work they’ve had done when going for veneers, which is a wafer-thin covering for the front of the tooth. And coming away with a far more invasive outcome like crowns, where the surgeon will file down the existing teeth and add a fake tooth cap, or crown, could see patients walk away with 'Turkey teeth'. Dentists are warning Brits not to end up with 'Turkey Teeth' ( Image: Getty Images/Stock Image) While it may be cheaper in the short-term to travel abroad for the treatment, it could end up costing … [Read more...] about Dentist’s urgent warning to Brits thinking of going overseas for cheap ‘Turkey teeth’
Cost of living: Disability charity says carers are skipping meals
Published 2 hours ago Share close Share page Copy link About sharing A national charity supporting children with disabilities says more than 90% of the families it helps are struggling to pay bills due to rising living costs. Half of carers looking after disabled youngsters have skipped meals in the past 12 months to cut back on spending, a survey by Family Fund suggests. A West Yorkshire family supported by the charity say they are "scared" they won't be able to afford winter heating. The government said it was helping families with disabled children. York-based Family Fund said many families with seriously ill or disabled children faced higher energy bills due to the need to power home medical equipment. Frequent GP or hospital appointments mean regular car journeys for many, including the family of 11-year-old Charlie, from Bingley in West Yorkshire. "We can't go on as … [Read more...] about Cost of living: Disability charity says carers are skipping meals
Four ways Nadhim Zahawi may try to boost the economy
Published 7 minutes ago Share close Share page Copy link About sharing Following the shock resignation of former Chancellor Rishi Sunak, his replacement Nadhim Zahawi has said he and Prime Minister Boris Johnson want to "rebuild the economy" and get soaring inflation under control. Mr Zahawi said "nothing is off the table" in terms of cutting taxes. What are some of the options open to the new Chancellor to make good on those plans? 1. Cut VAT Mr Zahawi has said he wants to do two things: cut taxes and "bear down" on inflation. Those are not usually happy bedfellows. Cutting taxes puts more money into the economy, which drives prices up - so how can he walk this line? A temporary cut in VAT - the tax paid when buying goods and services - from 20% to 17.5%, say, would lower the price of goods and services in the basket used to calculate inflation - taxes would get cut, and … [Read more...] about Four ways Nadhim Zahawi may try to boost the economy
Most only have £500 of savings says Lloyds boss
By Simon Jack Published 2 hours ago comments Comments Share close Share page Copy link About sharing Most Lloyds Bank customers have less than £500 of savings in their accounts, its chief executive said. Charlie Nunn said Lloyds had seen customers seeking debt advice jump up by a third in just the first six months of this year. Credit card spending on travel was up 300% on last year, but the majority of Lloyd's customers were worried about the cost of living, he said. It was possible for the UK to avoid the recession many are predicting, he said. It comes as UK households struggle with the soaring cost of food, energy bills and fuel as inflation rises at the fastest rate in 40 years. The head of the UK's biggest high street bank told the BBC: "80% of individuals and UK customers and families have less than £500 pounds worth of savings in their current … [Read more...] about Most only have £500 of savings says Lloyds boss
Yorkshire Dales school with 11 children could close
Published 1 hour ago Share close Share page Copy link About sharing A tiny primary school in the Yorkshire Dales which has only 11 pupils could close next year. Governors at Fountains Earth Church of England Primary School in Lofthouse, Nidderdale, said there was no sign of pupil numbers growing in future. They said they had "with a heavy heart" started the process of applying for a consultation for closure. Chair of governors Abi Broadley said: "Our decision has not been taken lightly." She added: "Despite the best efforts of our headteacher, staff and governors, we cannot overcome the challenges of having such low pupil numbers. "We feel that we have exhausted all options to us to provide the right educational, social and emotional provision." Public meeting School leaders said the wide age range in classes meant delivering a varied, thorough curriculum and the … [Read more...] about Yorkshire Dales school with 11 children could close
Ofsted steps into debate over parents’ right to choose education
Branwen Jeffreys Published 11 December 2015 Share close Share page Copy link About sharing The chief inspector of schools has never been afraid of controversy, and with this latest intervention against unregistered schools he is firmly stepping into the debate about how and where people can choose to educate their children. It is perfectly legal to choose to educate your children at home, and if you do make that choice there is no obligation to follow a particular curriculum. It is also perfectly legal to run a part-time tuition centre to offer additional teaching and support to children who are home-educated. And if your part-time education centre teaches children for fewer than 20 hours a week there are remarkably few obligations. You don't have to register with the authorities or be open to inspection, unlike a private fee-paying school. This has created a grey … [Read more...] about Ofsted steps into debate over parents’ right to choose education