Author: Press Room

Royal Mail was accused of holding postal workers to ransom as it threatened to cut up to 10,000 full-time roles because its financial situation has deteriorated due to strikes.The company swung to a first-half loss and warned of worse to come for the full year. It blamed a £70mn hit on three days of industrial action after workers downed tools in a dispute over pay and conditions. The group said it planned to axe about 5,000 full-time roles by March and the equivalent of about 10,000 positions by August next year. The “right sizing” of the business would involve a…

Former politician and Australian ambassador to France John Spender KC has died aged 86.Mr Spender’s daughter and Independent Member for Wentworth Allegra Spender penned a heartfelt tribute to her father announcing he died on Thursday night at St Vincent’s Hospital in Sydney.“He was someone who reflected on the world, always questioned it, loved good conversation, and was gracious to the end,” she wrote on social media.“He was warm and generous, amusing and a good friend.Stream more on politics with Flash. 25+ news channels in 1 place. New to Flash? Try 1 month free. Offer ends 31 October, 2022  >“When he…

London CNN Business  —  UK Prime Minister Liz Truss has sacked her finance minister Kwasi Kwarteng amid widespread speculation that she’s getting ready to ditch a big part of her discredited economic strategy. In a letter posted on Twitter, Kwarteng said he had agreed to stand aside as the request of Truss, adding he believed her vision of “optimism, growth and change” was the right one and pledging support. A senior source inside Downing Street told CNN earlier that Kwarteng was sacked after it was determined that speculation over his future had become a distraction that was not in the…

NEW ORLEANS (AP) — The New Orleans street where one of the founders of rock ‘n’ roll spent most of his life is being renamed in his honor.A community-wide Second line and Musical Celebration begins at 11 a.m. Saturday at the longtime home of Antoine “Fats” Domino on Caffin Avenue, which will now be known as Antoine “Fats” Domino Avenue. Led by the Stooges Brass Band, the second line will proceed down the renamed street to Oliver Bush Park, where musical tributes to Domino will occur.Domino sold more than 110 million records, with hits including “Blueberry Hill,” ″Ain’t That a…

Some Boots branches have replaced full cartons of Aptamil with empty ones while other stores are putting them behind the counter so they cannot be nicked, as the cost of living crisis bitesVideo LoadingVideo UnavailableThe video will auto-play soon8CancelPlay now Shops in the UK have now resorted to displaying dummy boxes of baby formula to stop them being stolen amid the cost of living crisis. Some Boots branches have replaced full cartons of Aptamil with empty ones so they cannot be nicked. And they say it is to protect stock levels and make sure there is always milk for those…

European shares rose on Friday after Wall Street stocks bounced back in the previous session even as US inflation data came in hotter than expected.The regional Stoxx Europe 600 added 1.2 per cent in London morning dealings, while the FTSE 100 rose 1.4 per cent. In Asian equity markets, Hong Kong’s Hang Seng index added 1.3 per cent and Japan’s Topix rose 2.4 per cent.Those moves followed a sharp rally for US shares overnight, with the S&P 500 finishing the day up 2.6 per cent. That advance wiped out a fall earlier in the session of more than 2 per…

Located in Northern Japan, Miyagi is part of the Tohoku region that also includes Akita, Aomori, Fukushima, Iwate and Yamagata. From Tokyo, you can get to the capital city of Sendai in about two hours via bullet train. In autumn, the region’s lush greenery changes colour, painting the landscape in stunning red, orange and yellow hues. Among the prime spots in Miyagi are the Akiu Otaki Falls, a 55m waterfall surrounded by foliage, and Naruko Gorge. Take a walk along the tree-lined streets of Sendai and sample its famous beef tongue dishes, or take the Sendai Loople sightseeing bus and…

Truss is under immense pressure to rethink her economic policies as opinion polls show support for her government has collapsed.Jacob King | Pa Images | Getty ImagesLONDON — U.K. bond yields fell on Friday after it was announced Prime Minister Liz Truss will hold a news conference later in the day. It comes amid mounting speculation that Truss is considering a U-turn on parts of her government’s market-rocking tax cuts.Finance Minister Kwasi Kwarteng told reporters Thursday that he was returning from the U.S. ahead of schedule this week, without providing further details. Multiple reports suggested Truss and Kwarteng were set…

TOKYO: Japanese cabinet ministers on Friday (Oct 14) approved the scrapping of a law that stipulates women pregnant at the time of a divorce must wait 100 days before marrying again. The law, in place for more than a century, does not apply to men and was originally intended as a way to aid the identification of the father who is financially responsible for a newborn baby. Critics have campaigned for a withdrawal of the 1896 law – which had banned remarriage for six months until being revised in 2016 – calling it outdated and discriminatory. The change will also…

An Indiana teacher was arrested on Thursday after allegedly telling a fifth-grader that she made a “kill list” targeting students and staff members, police said.St. Stanislaus School teacher, Angelica Carrasquillo-Torres, reportedly mentioned the plans to a fifth-grade student around noon on Wednesday. East Chicago police officers were dispatched to the Catholic school later that afternoon.”A 5th grade student told his/her Counselor that their 5th grade teacher made comments to him/her about killing herself, students, and staff at St. Stanislaus School,” East Chicago Police Department said on Facebook.”The teacher further told the student that she has a list and that he/she…