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Archive for June, 2018

BBC apologises to Carrie Gracie over pay

June 29, 2018

The BBC has apologised to news presenter Carrie Gracie for underpaying her and says it “has now put this right” by giving her back pay. She is donating the full, undisclosed amount to the Fawcett Society, a charity that campaigns for gender equality and women’s rights. Gracie resigned as BBC China editor in January in a dispute […]

BAE wins multi-billion pound Australian warship contract

British defence giant BAE Systems has won a multi-billion pound contract from the Australian government to build nine new warships, marking a significant victory for British military exports. BAE beat Italian and Spanish rivals to win a large slice of the £19.6bn ($25.7bn; A$35bn) spending programme. The ships will be based on anti-submarine frigates that […]

Brexit: Barnier warns ‘huge’ differences remain in talks

“Huge and serious” differences remain between the UK and EU in Brexit talks, the EU’s chief negotiator has warned. Michel Barnier invited UK negotiators back to Brussels next Monday, warning: “The time is very short.” Talks continue over the terms of the UK’s withdrawal from the EU in March next year. What happens to the […]

Migrant crisis: EU leaders plan secure migrant centres

Secure centres for migrants may be set up in EU states to process asylum claims under a deal reached after marathon talks at a summit in Brussels. The controlled centres would be set up by EU states on a voluntary basis and migrants whose claims were rejected would be “returned”. Refugees could be resettled in EU states […]

Tesco trials shopping without tills

Tesco is testing whether supermarket customers can buy products without visiting a till. The UK’s biggest retailer has given some staff a smartphone app to use at a store at the company’s headquarters. They use the app to scan barcodes on the products they want and then pay, with no trip to a till needed. […]

Carbon dioxide crisis to hit supermarket food choice

The carbon dioxide shortage will start affecting some supplies to supermarkets this weekend, the Food and Drink Federation has warned. CO2 is used to stun farm animals, put fizz in carbonated drinks and is used in packaging, but is in short supply. Federation chief executive Ian Wright said carbon dioxide supplies were not expected to […]

Surprise upgrade to UK growth

The UK’s economic growth has been revised up for the first quarter of the year after construction data was found to be stronger than earlier estimates. Growth for the three months to March was 0.2%, the Office for National Statistics said, a surprise upgrade from the earlier estimate of 0.1%. The pound jumped as speculation grew about […]

Cashing-in pension pot ‘may be costly’

June 28, 2018

Many people are making a poor financial decision by taking some of their pension pot in cash, a regulator says. Some pensioners could receive 37% more retirement income every year by investing rather than cashing in, the Financial Conduct Authority (FCA) said. Workers should be given more guidance about what to do with their pension, […]

UK weather: First time home nations hit 30C in five years

All four nations of the UK have seen temperatures hit 30C for the first time in five years, as Britain swelters in another hottest day of the year. Highs of 30C and over were recorded in England, Wales and – for the first time since 2013 – Scotland and Northern Ireland, BBC Weather said. The […]

Amazon deal shakes healthcare sector

Amazon has said it is buying online pharmacy PillPack, sending shares in rival healthcare firms tumbling over fears of competition from the online retail giant. Shares in pharmacy chains CVS Health and Walgreens Boots Alliance plunged more than 8% in early trade. The announcement confirmed earlier speculation that Amazon was interested in expanding into healthcare. […]

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