Month: July 2023

Heads of the UK’s biggest banks have been summoned by the UK’s financial watchdog over concerns interest rates on savings are too low. Higher Bank of England interest rates have led banks to put up mortgage costs, but savings rates are not rising as fast – a situation Chancellor Jeremy Hunt has said “needs resolving”.
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President Biden has agreed to give Ukraine controversial cluster munitions to use against Russian troops. Thousands will be sent as part of a new US aid package worth hundreds of millions of dollars. Cluster munitions detonate in the air and release smaller “bomblets” that scatter over a large area. Ukraine war latest: Deadly blast at
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President Volodymyr Zelenskyy and his Ukrainian military forces have proven incredibly resilient against what should – at least on paper – have been a superior Russian force. But one month on from the start of a much-anticipated “spring” counteroffensive, there has been limited positive news from Kyiv, plenty of Russian reporting of significant enemy losses,
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Rishi Sunak was unaware of Home Office emergency break proposals on migration reportedly rejected by his predecessor, No 10 has suggested. The Sun reported the Home Office had drawn up a policy document suggesting ministers could cap entry visas, raise fees and increase salary thresholds as “deliberate frictions” in a bid to meet the Conservatives’
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High-level officials in Bangui have confirmed the departure of Wagner personnel from the Central African Republic (CAR). Senior sources from CAR‘s ministry of defence and an official from the Russian embassy have revealed around 400 Wagner employees left the capital on two planes on Wednesday, confirming local reports of Wagner disengagement. One ministry of defence
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Music fans will flock to Malmo next May for the next instalment of the Eurovision Song Contest, organisers have announced. Sweden won the right to host the 2024 contest after Loreen emerged victorious in Liverpool with her track Tattoo, holding off competition from its Nordic neighbours Finland and Norway. Loreen made history at the event,
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