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Bournemouth food bank relaunches 14 months after flood
Posted onBBC Project manager Vikki Longman said people needed more than food A food bank that was damaged due to flooding 14 months ago has officially re-opened and rebranded. Kinson and West Howe Foodbank in Bournemouth, next to St. Andrew’s Church, has launched a larger, free community service known as The Sanctuary Project. Described as a…
UK sanctions Russia’s oil giants over Ukraine war
Posted onBritain is targeting Russia’s largest oil companies and the country’s “shadow fleet” of oil tankers in a bid to cut off Vladimir Putin’s ability to fund the war in Ukraine. The UK government is also pursuing a major Indian oil refinery and four Chinese oil terminals in a package of 90 new sanctions. Chancellor Rachel…
Sanae Takaichi: Japan stocks hit record after ruling party names pro-business leader
Posted onJapanese stocks have hit a record high after the country’s ruling Liberal Democratic Party (LDP) named Sanae Takaichi as its new leader, positioning the pro-business politician to be Japan’s next prime minister. The benchmark Nikkei 225 index closed 4.75% higher on Monday, ending the day above 47,000 for the first time. Takaichi, who has held…
Starmer battles for Downing Street future amid Mandelson vetting scandal
Posted onUnlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer will battle for his Downing Street future on Monday as he seeks to explain to MPs how Lord Peter Mandelson became UK ambassador to the US despite failing security vetting. The prime…
Car finance scandal: Payouts of £700 per driver under compensation plans
Posted onMillions of victims of car finance mis-selling could receive less compensation than previously estimated, under plans from the regulator. The Financial Conduct Authority (FCA) said payouts could result from 14 million motor finance agreements between April 2007 and November 2024. The regulator previously suggested motorists could receive less than £950 per deal, but it now…
