Vladimir Putin has declared victory in the eastern Ukrainian region of Luhansk, one day after troops defending it withdrew from the last remaining city in which they were holding out. It is just under two and a half months since Ukraine 's President Volodymyr Zelenskyy said the Battle for Donbas - made up of the regions of Luhansk and Donetsk - had begun. Putin to switch focus after taking key city - live Ukraine updates How did we get here? In late April, Sky News spoke to experts who said it was expected that Russia would target villages outside Severodonetsk where Ukraine was mounting its defence. It was exactly what happened in the following weeks, as Russian forces bombarded Ukrainian positions and pushed the defenders back. It was believed that the Russians would find resistance tougher to overcome in the towns, as they got bogged down in urban warfare, but the assault on Severodonetsk showed how Moscow intended to achieve its aims. … [Read more...] about Ukraine war: What will happen in the Donbas now Luhansk has fallen to Russia?
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As it happened: Jeremy Hunt would lose Tory leadership contest to every major contender, poll finds
PM facing Cabinet backlash over Pincher sex pest allegations PM knew about Pincher allegations before appointment, No 10 admits Tory rebels plot another vote to oust Johnson this month Diane Abbott claims Boris is ‘rumoured to like assaulting women’ Ukraine war: Zelensky vows to retake lost Lysychansk J eremy Hunt would lose a Tory leadership contest against all other potential candidates, a poll of Conservative members has found. Research by ConservativeHome, published on Monday, found that if the former health secretary made the last two of any other leadership vote, he would lose to all other potential contenders. It came as he refused again to rule out another tilt at becoming Prime Minister. The candidate that Mr Hunt comes closest to was Steve Baker, receiving only 27 per cent of votes - while the former Brexit minister received almost double that, with 48 per cent. Mr Hunt's biggest threats, according to the poll, were Ben Wallace, the … [Read more...] about As it happened: Jeremy Hunt would lose Tory leadership contest to every major contender, poll finds
Italian runner faces Covid fine after Simone Massetti’s fatal fall
Published 17 November 2020 Share close Share page Copy link About sharing A runner is facing a fine of hundreds of euros for breaking coronavirus rules, after he reported his friend's fatal fall in the Italian Alps. Simone Massetti, 34, fell a reported 200m (650ft) from a ridge on Mt Palino while running with his friend. A mountain rescue helicopter eventually recovered his body. But local authorities have now fined his running partner because the two men had travelled beyond their local area. Italy's northern Lombardy region is currently classed as a red zone, which means people are banned from travelling between areas. The two runners had both come from the province of Sondrio and Mt Palino is some 10km (six miles) north. Italy extends Covid 'red zones' as numbers soar Texting for permission to go out - Europe's lockdown rules Under the rules for red … [Read more...] about Italian runner faces Covid fine after Simone Massetti’s fatal fall
Reality Bites: The Rise And Fall Of The Chrisley Family Empire | The Daily Wire
Todd and Julie Chrisley, stars of the reality show “Chrisley Knows Best” and its spinoffs, were once the picture of the American Dream: A beautiful home, a big family and a thriving business. But what the cameras didn’t show was an unfolding drama involving bank fraud, tax evasion and obstruction of justice. Todd was born in Georgia in 1969 and then grew up in Westminster, South Carolina. He married his high school sweetheart, Teresa Terry, and together they had two kids before divorcing in 1996. In the same year his divorce from Terry was finalized, Todd married Julie. He made a fortune through Chrisley Asset Management, a real estate company he founded in Georgia. The success of the business combined with Todd’s personality and large family made him a perfect candidate for reality TV. Even before the Chrisleys began their reality show in 2014, they had financial problems. In 2012, Todd filed for bankruptcy protection. Explaining the filing, his lawyer told People … [Read more...] about Reality Bites: The Rise And Fall Of The Chrisley Family Empire | The Daily Wire
Housing market slump feared as mortgage lending plunges by a third
Tui cancels quarter of flights from Manchester Airport FTSE 100 adds 0.1pc S&P 500 little changed, Nasdaq up 0.5pc Matthew Lynn: Businesses must go on strike over Sunak’s disgraceful tax raid Sign up here for our daily business briefing newsletter M ortgage lending fell by more than a third in April, stoking fears of a slowdown in house prices. Total lending for house purchases slumped to £4.1bn, from £6.4bn in March, as the impact of higher interest rates kicked in. Data from the Bank of England showed mortgage approvals fell to around 66,000 over the month, compared with 70,700 in March. The number of loans granted was well beneath economists’ expectations, and below the average for the half-decade before the pandemic. 6:07PM Wrapping up T hat's all from us today, thank you for following! Before you go, have a look at the latest stories from our business reporters: Bank of England to take over collapsed … [Read more...] about Housing market slump feared as mortgage lending plunges by a third
Boots stock market float back on the table as £5bn sale collapses
T he American owners of Boots may revive plans for stock market float next year after scrapping the sale of Britain’s biggest chemist to a Wall Street buyout fund and Indian billionaire Mukesh Ambani. Walgreens, which merged with Boots in 2014 in a deal worth £9bn, said none of the offers for the “adequately reflects the high potential value of Boots and No7 Beauty Company”. The Illinois-headquartered company said bidders had struggled to arrange bank loans to buy Boots after financial markets “suffered unexpected and dramatic change”. Private equity fund Apollo and Mr Ambani had been in pole position to acquire Boots after Walgreens chairman Stefano Pessina put the business up for sale in January. But a £5bn approach — considerably lower than the £7bn Mr Pessina is said to have wanted — fell through. Ornella Barra, Boots operating chief, wrote to the company’s 56,000 staff saying she was “happy to confirm that it has been decided that Boots and No7 Beauty Company will … [Read more...] about Boots stock market float back on the table as £5bn sale collapses
Public sector pensioners will be the winners from this inflation disaster
Inflation is delivering a serious blow to real incomes and living standards. But is everyone suffering in this process? Or are there some winners who are benefiting at the expense of the losers? Inflation, pure and simple, is a process through which all money values that are free to move rise in lockstep. An inflation of this sort can have practically no real effects, beneficial or harmful. But the trouble is that inflation of this sort exists only in the textbooks. In particular, not all prices are free to rise. The consequence is often a substantial shift in relative prices and incomes. And the battle to preserve positions often leads to wrangling and disputes that waste resources and reduce production, thereby making the economic situation worse. This is exactly what is happening now with the current wave of industrial disputes. Moreover, the current bout of inflation originates partly from the sharp increases in external costs, principally energy . These increases reduce … [Read more...] about Public sector pensioners will be the winners from this inflation disaster
Michael Sheen: I broke down hearing kids’ care stories
By Michael Sheen Published 3 hours ago Share close Share page Copy link About sharing How would you feel if your child, or one you knew, was taken into care and ended up living in a B&B, a hostel, or even slept rough? What I'm talking about here is "the care system", the safety net we'd rely on if we couldn't look after our kids. I've been working on a BBC documentary which has found teenagers are still being placed in B&Bs and hostels - six years after the Welsh government said it wanted to "eliminate" it . Some of the stories have shocked me. With record numbers of children being taken into care in Wales and England, I've spoken to some young people who have been through the care system in an hour-long documentary, filmed over nearly three years, I've helped make for the BBC. ‘Abuse, assault, profit’ - childcare staff speak out Huge profits made from … [Read more...] about Michael Sheen: I broke down hearing kids’ care stories
Pound faces ‘existential crisis’, Bank of America warns
T he pound is facing an “existential crisis” and is likely to weaken further during this year, one of Wall Street’s top banks has warned. Bank of America says sterling “finds itself in an increasingly invidious position” for reasons including “increasingly challenging” Bank of England communication. Kamal Sharma, a London-based foreign exchange strategist for the lender, said the outlook for the pound was “grim”. The warnings came as the price of oil breached $120 (£95) a barrel on Monday, hitting a two-month high amid tightness in the market and concern over supplies. Oil prices have risen amid tight supply driven by the fallout from Russia’s war in Ukraine, as well as increased demand as more economies return from Covid-related restrictions. China announced easing of its restrictions, while the European Union worked on a plan to ban imports of Russian crude. The pound has fallen about 6.6pc this year in dollar terms, leaving it as one of the worst performers among the … [Read more...] about Pound faces ‘existential crisis’, Bank of America warns
We know that lockdown is a social and economic disaster. Please, Boris – don’t do it again
Not again. Not after all the vaccines, all the precautions, all the privations. Not after all the models that turned out to be so absurdly alarmist. Our freedoms are elemental. They are what make us who we are as a nation. We can’t surrender them on the off-chance that some putative ill might materialise. The original lockdown was justified on grounds that it was the only way to prevent a meltdown in our healthcare system. In the event, our Nightingale hospitals stood empty, and real-world data (as opposed to modelling) showed that the peak in new infections had passed before the restrictions were imposed. The second lockdown had a sounder rationale. It was supposed to buy time while the vaccination programme was rolled out. Since, by definition, lockdowns push infections into the future, rather than prevent them altogether, this at least made sense. But we have more than done our bit. We are among the most inoculated people on earth, with some of us now on our fourth jabs. … [Read more...] about We know that lockdown is a social and economic disaster. Please, Boris – don’t do it again