High interest rates, US bank failures and geopolitical divisions in Europe are reasons why the world economy is expected to grow less than 3% in 2023, the chief of the International Monetary Fund (IMF) has said. The growth is down from 3.4% last year, and even further below the average of 3.8%, increasing the risk
Month: April 2023
French President Emmanuel Macron has appealed to Xi Jinping to “bring Russia back to its senses and bring everyone back to the negotiating table” over the Ukraine war. The Chinese leader called for peace talks but he gave no indication that Beijing would use its leverage as President Vladimir Putin‘s diplomatic partner to press for
Illegal immigrants will have their bank accounts shut down in a new crackdown by the Home Office – who have been accused of “demonising” asylum seekers. The Home Office announced it began sharing data with the financial sector on Thursday so it can refuse to open new bank accounts and close existing accounts of people
EY, the big four accountancy firm, has ended the secondment of one of its employees to the CBI as the business lobbying group grapples with an unfolding crisis over allegations of sexual misconduct. Sky News has learnt that EY has opted not to renew the secondment of a staff member who was serving as an
Rishi Sunak has said no further action will be taken against minister Mark Spencer after an investigation cleared him of breaching the rules over the sacking of Tory colleague Nusrat Ghani. In his investigation into alleged Islamophobia, Sir Laurie Magnus said it was not possible to determine what the then chief whip said to Ms
Some of Britain’s leading entrepreneurs and financiers are facing significant financial losses from the implosion of Vashi, the upmarket jeweller. Sky News can reveal that Sinclair Beecham, the co-founder of Pret a Manger, Nick Wheeler, founder of the shirtmaker Charles Tyrwhitt, and William Jackson, chief executive of London-listed private equity firm Bridgepoint, are all shareholders
John Randolph, a wealthy enslaver from Virginia, member of Congress for almost 30 years, strong defender of states’ rights and prominent public speaker, died in 1833. In the will that he created in 1821, he stipulated the freeing of every enslaved person on his plantation, which would amount to one of the largest manumissions in
Some of the UK’s biggest and best-known businesses say they are closely watching the unfolding crisis at the CBI. Sky News contacted more than 30 FTSE 100 and FTSE 250 companies on Thursday and found that many of those who are CBI members are keeping their membership – for now. It comes after a number
Robert F Kennedy Jr, the nephew of the assassinated former president John F Kennedy, has announced he will challenge Joe Biden to be the Democratic nominee for the White House next year. He has filed a statement of candidacy with the Federal Election Commission, becoming the second person to announce themselves as a challenger to
Epic three day drum & bass celebration Let It Roll is back with a lineup of stars at the vast Milovice Airfield, Czech Republic, from August 3-6. Across six spectacular stages, legends of the game, pioneers and new school heroes will all line up including the likes of Chase & Status, Andy C, Camo &
Italy’s former prime minister Silvio Berlusconi has been diagnosed with leukaemia after he was admitted to hospital, Reuters reports. The 86-year-old was being treated in intensive care at Milan’s San Raffaele Hospital on Wednesday after suffering breathing problems. Reuters cited a source who said he had been diagnosed with leukaemia, confirming what was previously reported
No time to shower? Sweaty after the gym? Looking to impress the girl who sits next to you at the office? The best fresh colognes will take care of all three. With bright, punchy scents loaded with citrus and herbs, the best men’s fresh fragrance will ensure that you feel clean all day long. This
Khloe Kardashian is kontinuing a family tradition. The Kardashians star—who welcomed a baby boy with ex Tristan Thompson via surrogate last summer—confirmed that her son shares the same initial as his older sister, True Thompson, during her latest appearance on The Jennifer Hudson Show. In a preview of the episode, airing April 5, Khloe told host Jennifer Hudson the
by Regina Avalos, April 3, 2023 Ghosts is coming to an end on BBC One. The cast and crew have wrapped production on the fifth season, and it’s been revealed that they won’t be going back to work on a sixth. Ben Willbond, the show’s creator and one of its stars, revealed the popular comedy
Children’s literacy advocate John Schu and Caldecott Honor recipient Lauren Castillo celebrate the power of finding the perfect book—in a story that’s more relevant than ever. This is a word on a page.This is a page in a book.This is a book on a shelf . . . waiting.With a sea-horse kite in hand, a
Nearly 200 Metropolitan Police officers and staff members who have been accused of domestic violence or sexual offences within the past 10 years may face dismissal. Commissioner Sir Mark Rowley, who began the job in September, believes there are hundreds of corrupt officers serving in the force who should not be there. Updating Home Secretary
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