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Archive for June, 2017

Rare bee-eater birds seen at Nottinghamshire sand quarry

June 28, 2017

Birdwatchers have rushed to a quarry to catch a glimpse of seven “exotic” birds that are usually seen in southern Europe. Bee-eaters, which are rare visitors to the UK, have been spotted at the Cemex quarry, in East Leake, Nottinghamshire. The RSPB said the birds, which feast on bees and wasps, have been seen mating […]

Paddington Bear creator Michael Bond dies

Michael Bond, the creator of beloved children’s character Paddington Bear, has died at the age of 91. He died at his home on Tuesday following a short illness, a statement from his publisher Harper Collins said. Bond published his first book, A Bear Called Paddington, in 1958. The character, a marmalade-loving bear from “deepest, darkest […]

Arrests in UK over Microsoft scam calls

Four people have been arrested in the UK following an investigation into scams involving calls from fraudsters pretending to be IT support staff. It follows two years of work by City of London Police and Microsoft, who teamed up to tackle the problem. The perpetrators commonly pretend to be phoning on behalf of the US […]

Watchdog cracks down on £7tn investment industry charges

Investors must be quoted an “all-in fee” to make charges more transparent in a shake-up of the investment sector, the City regulator has confirmed. The Financial Conduct Authority (FCA) said that the asset management sector held the savings of millions of people. Yet despite “sustained, high profits” for these firms, there was weak price competition […]

Co-operative Bank agrees £700m rescue package

The Co-operative Bank has secured a £700m rescue package to stop the lender from being wound up. Investors have agreed to swap their debt for a stake in the bank. The bank also said it would to separate its pension fund from the Co-operative Group’s scheme, which has £8bn of liabilities. The Bank of England’s […]

Tesco to axe 1,200 head office jobs

Tesco plans to cut 1,200 jobs at its head office as part of a major cost-cutting drive. The UK’s biggest supermarket told staff on Wednesday morning about the cull, which amounts to a quarter of its workforce in Welwyn Garden City and Hatfield. Tesco is implementing a turnaround plan that aims to reduce costs by […]

Trump causes ‘major’ shift in global view of US: Pew

June 27, 2017

Donald Trump’s presidency has had a “major impact on how the world sees the United States”, a large new study says. The survey, by the Pew Research Center, interviewed more than 40,000 people in 37 countries this year. It concluded that the US president and his policies “are broadly unpopular around the globe”. The survey […]

David Davis blames ‘badly designed’ campaign for Tory losses

Brexit Secretary David Davis has blamed the Tories’ general election losses on a “badly designed” campaign and Theresa May’s social care “U-turn”. Mr Davis helped persuade Mrs May to call a “snap election” to strengthen his hand in Brexit talks. But he now says the party did not have enough time to prepare “and some […]

Many firms hit by global cyber-attacks

Firms around the globe are reporting that they have been hit by a major cyber-attack. British advertising agency WPP is among dozens of firms reporting problems. Ukrainian firms, including the state power distributor and Kiev’s main airport were among the first to report issues. Some experts have suggested that it could be a ransomware attack, […]

Cash ‘lives on’ after 50 years of ATMs

Cash will remain a part of our day-to-day lives for decades, the Bank of England’s chief cashier has said on the 50th anniversary of the ATM. Victoria Cleland said that although the use of notes and coins in transactions is falling, cash is part of all the Bank’s future plans. She pointed out that 94% […]

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