Newsletter Mar 30, 2023

Charles III to address German parliament on first state visit

Germany marks the first trip abroad for Charles since ascending the throne, which is being interpreted as a "strong gesture" to build post-Brexit ties with the continent.

UK unveils plans to house asylum seekers in military bases

Prime Minister Rishi Sunak has made stopping illegal crossings of the Channel one of his priorities

Yellen rejects World Bank capital increase; no challengers to U.S. nominee to lead lender

U.S. Treasury Secretary Janet Yellen on Wednesday rejected the idea of a near-term capital increase for the World Bank

Oil steadies as U.S. crude draw offset by Russian supplies, stronger dollar

Crude inventories fell by 7.5 million barrels in the week to March 24.

Food inflation hits 15% as experts say retailers must focus on price differentiation

Food inflation has risen by 15 per cent in a year, as prices in Britain's shops reach unprecedented levels. Experts say retailers must focus on their price differentiation strategy as consumers' purse strings "continue to feel the squeeze".

Business groups urge UK Government to unleash an export boom

A new report shows if UK exports had rebounded as strongly as Germany's following the pandemic, it would be exporting $111 billion more than is currently the case.

Experts claim AI set to eliminate 300 million jobs

Recent advances in technology have taken the world by storm, with companies launching their own versions of artificial intelligence apps for different tasks.

Is a four-day workweek the answer to a more efficient and healthier work environment?

In a recent survey released by Hays, many employers have stated that they are open to a shorter working week to improve flexibility and their employees' efficiency.

UK household debt surpasses £2 trillion amid soaring cost of living

Household debt exceeds £2 trillion for the first time in UK history. As consumers struggle with the skyrocketing costs of living, financial literacy hits rock bottom.

William Hill falls to massive £19.2 million fine from the Gambling Commission

Sean Curran of Arnold & Porter has spoken on the £19.2 million fine handed out to William Hill from the Gambling Commission, who believes that this is a good reminder of the crucial need for gambling operators to maintain effective policies.

Apple's foray into BNPL business poses a risk to consumers, its rivals

Adding BNPL to Apple's brand doesn't coincide with the company's goal of offering its consumers services and technology they can feel good about.

How the UK government anti-drug abuse programs will benefit everyone

Eradicating drug use completely is impossible, but the UK government can do much to minimise the amount that reaches the streets. Businesses are suffering and families are being torn apart.

Starbucks shareholders approve review of labor union practices

Starbucks shareholders approved a proposal for the coffee chain to conduct an independent assessment of its labor practices as it contends with hundreds of newly unionized U.S. cafes.

Pope Francis spends night in hospital after breathing issues

Tests showed a respiratory infection that was not Covid-19, requiring "a few days of appropriate hospital medical treatment"

Lionel Messi's pursuit of Cristiano Ronaldo's international goalscoring record

Ronaldo is still 20 goals ahead with 122, while Messi just scored his 102nd goal for Argentina.

Daily Mail publisher urges UK court to reject lawsuit by Harry, Elton John

Associated's lawyer Adrian Beltrami told the High Court in London the claims, some dating back 30 years, were outside a time limit for legal action.