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Sky NewsGovernment borrowing higher than forecast as doubts raised over pre-election tax cuts
Doubts have been raised over the government's ability to unveil tax cuts ahead of the next general election after official figures revealed borrowing was higher than expected in the past year. Overall, government debt was around 98.3% of the UK's annual gross domestic product (GDP) in March - up 2.6 percentage points from the previous year and at levels not seen since the early 1960s. "Just based on the larger-than-expected 2023/24 budget deficit and the recent shift up in market interest rates, he may have even less fiscal 'headroom' (perhaps about £5bn) for tax cuts than the £8.9bn left over in March."
- Reuters
Swiss report large drop in frozen Russian assets
Switzerland has frozen Russian assets worth 5.8 billion Swiss francs ($6.36 billion), the government said on Tuesday, a big drop that could intensify international pressure on the neutral country to do more to sanction Moscow over its invasion of Ukraine. The main reason was a decrease in the market value of the shares and other financial assets which have been blocked, said the State Secretariat for Economic Affairs (SECO), which oversees sanctions. Still, the decline is likely to spark criticism from abroad that Switzerland is not doing enough to impose sanctions designed to punish Moscow for its invasion of Ukraine.
- HuffPost
OOPS! Eric Trump Freaks Out Over Dad’s Trial But Gets 1 Very Awkward Thing Wrong
A rant on Fox News from Donald Trump's son contained one glaring error.
- The Canadian Press
LeBron James rants at NBA's replay center for calls, Lakers lose on buzzer-beater, trail Denver 2-0
DENVER (AP) — LeBron James was seeing red after the Los Angeles Lakers watched a golden opportunity slip away. His frustration wasn't so much centered on blowing a 20-point lead. Or his late missed 3-pointer that rimmed out with the game tied. Or Jamal Murray’s fadeaway buzzer-beater that gave the Denver Nuggets a 101-99 win over the Lakers in Game 2 of their first-round series Monday night. James' anger was more distant — the NBA's replay center in Secaucus, New Jersey. At the heart of his wrat
- Reuters
Truce crumbles in Sudanese army's last Darfur holdout
Attacks around the Sudanese city of al-Fashir have shattered a truce that protected it from a year-old war, leading to warnings of a new wave of inter-communal violence and humanitarian risks for 1.6 million residents crammed into the North Darfur capital. Al-Fashir is the last major city in the vast, western Darfur region not under control of the paramilitary Rapid Support Forces (RSF). The RSF and its allies swept through four other Darfur state capitals last year, and were blamed for a campaign of ethnically driven killings against non-Arab groups and other abuses in West Darfur.
- The Guardian
FTSE 100 hits record high as shares rise amid hopes of interest rate cuts
UK’s blue-chip index rises to 8,068, surpassing previous high of 8,047 in February 2023
- HuffPost UK
Celebrity Big Brother Final Voting Figures Show Just How Close David Potts' Win Actually Was
For some reason, ITV decided a month after the final was the perfect time to break down those crucial voting figures.
- The Canadian Press
Facing pressure from rights groups, World Bank suspends funding for Tanzania tourism project
KAMPALA, Uganda (AP) — The World Bank has suspended funding for a tourism project in Tanzania that caused the suffering of tens of thousands of villagers, according to a U.S.-based rights group that has long urged the global lender to take such action. The World Bank's decision to suspend the $150 million project, which aims to improve the management of natural resources and tourism assets in a remote part of southern Tanzanian, was “long overdue,” the Oakland Institute said in a statement Tuesd
- Associated Press
The Latest | Tent compound rises in Khan Younis as Israel prepares for Rafah offensive
Satellite photos analyzed by The Associated Press appear to show a new compound of tents being built near Khan Younis in the Gaza Strip as the Israeli military continues to signal it plans an offensive targeting the city of Rafah. The tent construction is near Khan Younis, which has been targeted by repeated Israeli military operations over recent weeks. Israel has said it plans to evacuate civilians from Rafah during an anticipated offensive on the southern city, where hundreds of thousands of people have taken refuge during the war, now in its seventh month.
- GuruFocus.com
AZZ Inc (AZZ) Q4 2024 Earnings Call Transcript Highlights: Strong Performance and Strategic ...
Discover how AZZ Inc's robust Q4 results and strategic initiatives are shaping its future growth trajectory.
- GuruFocus.com
Bank of Hawaii Corp (BOH) (Q1 2024) Earnings Call Transcript Highlights: Navigating Through ...
Explore key financial outcomes and strategic insights from Bank of Hawaii Corp's first quarter of 2024 earnings call.
- GuruFocus.com
Simpson Manufacturing Co Inc (SSD) Q1 2024 Earnings Call Transcript Highlights: Navigating ...
Amidst slight declines in net sales and earnings, SSD maintains a steady operational focus, projecting stable margins for 2024.
- Evening Standard
FTSE 100 Live 23 April: Blue-chips hit intraday record, public borrowing disappoints
The FTSE 100 index is set to move deeper into record territory after closing at an all-time high last night. Taylor Wimpey and Primark owner AB Foods have posted updates, while JD Sports Fashion has revealed a US acquisition. Taylor Wimpey, the FTSE 100 house builder said today that its order book continues to be lower year-on-year, amid “affordability challenges” in the mortgage market.
- PA Media: UK News
Aboriginal spears to be returned to Australia in ceremony at Cambridge college
Dame Sally Davies, Master of Trinity, said it was the ‘right decision’ to return the spears.
- GuruFocus.com
Cadence Design Systems Inc (CDNS) Q1 2024 Earnings Call Transcript Highlights: Robust Financial ...
Unveiling a record Q1 backlog and optimistic full-year financial outlook amidst technological transitions and market adaptations.
- GuruFocus.com
Truist Financial Corp (TFC) (Q1 2024) Earnings Call Transcript Highlights: Key Financial ...
Explore the detailed financial performance and strategic directions discussed in Truist Financial Corp's first quarter earnings call.
- GuruFocus.com
Verizon Communications Inc (VZ) Q1 2024 Earnings Call Transcript Highlights: Strong Wireless ...
Explore key financial outcomes and strategic insights from Verizon's Q1 2024 earnings, featuring robust subscriber additions and significant wireless service revenue growth.
- GuruFocus.com
Zions Bancorp NA (ZION) Q1 2024 Earnings Call Transcript Highlights: Key Financial Metrics and ...
Explore the detailed financial outcomes and strategic directions discussed in Zions Bancorp NA's first quarter earnings call of 2024.
- GuruFocus.com
Washington Trust Bancorp Inc (WASH) Q1 2024 Earnings Call Transcript Highlights: Key Financial ...
Explore the detailed financial outcomes and strategic directions from Washington Trust Bancorp's first quarter of 2024.
- PA Media: UK News
‘Instinct’ kicks in as off-duty UK police chase thief during Barcelona stag do
A man attempted to steal from a restaurant in the Spanish city.