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Some parents on benefits to get up to £4,500 if children take on apprenticeships
Some parents on benefits will be given up to £4,500 a year to encourage their children to start apprenticeships, the government has said. Under plans to encourage young people into work, families will be offered a bursary to replace Universal Credit payments lost by starting jobs. The payment is expected to benefit an estimated few…
What is Trump Medias Truth API and why is it controversial?
Since Truth API was announced, some have raised the potential for insider trading to occur. The practice, which is illegal, involves people making market trades or bets based on information that is not available to the general public. Richard Painter, former chief ethics lawyer to President George W Bush, told the BBC even if Trump…
US kicks off controversial financial rescue plan for Argentina
The US has purchased Argentine pesos, taking the next step in a controversial effort to calm a currency crisis hitting the South American country and its president, Trump ally Javier Milei. Treasury Secretary Scott Bessent announced the purchase on social media, while saying the US had finalised terms of a planned $20bn (£15bn) financial rescue…
Ryanair to raise fares after profits dip amid Italy abuse fine
Ryanair is to raise its fares following a fall in quarterly profits after being fined by Italy’s competition watchdog for abusing its market position. The budget airline posted pre-tax profits of €24.4 (£21.2m) for the three months to December, an 83% drop from the same period the previous year. But the company remained confident saying…
Charity welcomes living wage rise in January
A social action charity has welcomed the decision to increase the living wage in Jersey to £15.10 per hour in 2026. The new rate was approved this week and will come into effect at the beginning of January. The living wage is £1.51 higher than Jersey’s minimum wage which is set to increase to £13.59…
CIA director had two-hour meeting with new Venezuelan leader in Caracas
Reuters CIA director John Ratcliffe met Venezuela’s Interim President Delcy Rodríguez in Caracas on Thursday “at President Trump’s direction,” a US official has said. The two-hour meeting was aimed at building trust and communication following the US seizure of Venezuela’s former president Nicolás Maduro almost two weeks ago. Ratcliffe and Rodríguez discussed potential economic collaboration…
