Posts by Kim browne
US Federal Reserve defies calls from Donald Trump to cut interest rate
The Federal Reserve has defied calls from US President Donald Trump for a cut to the interest rate by leaving it unchanged. The decision means it stays in the range of 4.3%, where it has remained after the bank reduced it three times last year. “We’re keeping the rates high, and it’s hurting people from…
Read MoreFlights resume after air traffic control glitch causes disruption
Flights have resumed after a technical issue at air traffic control caused widespread disruption. The National Air Traffic Service, or NATS, said the glitch happened at its control centre at Swanwick, Hampshire at 4.05pm before restoring the system 20 minutes later. NATS initially issued a statement saying they were “limiting the number of aircraft flying…
Read MoreEpping leaders request meeting with home secretary over asylum hotel
Protests at a hotel in Essex housing asylum seekers “is a crisis that risks boiling over”, the local MP has said as pressure builds on the home secretary to close it down. Neil Hudson, the Conservative MP for Epping Forest, has signed a letter along with other local politicians urging Home Secretary Yvette Cooper to…
Read MoreRotherham survivors have ‘no faith’ in police force investigating allegations its officers took part in abuse
Several women who survived sexual exploitation in Rotherham have said they have “no faith” in a police force investigating allegations its own officers took part in abuse in the town. The police watchdog has said there is no conflict of interest in South Yorkshire Police (SYP) investigating its own staff after victims of the Rotherham…
Read More‘Monster’ earthquake in Russia was one that some seismologists were anticipating
As earthquakes go, this was a monster. At 8.8 on the magnitude scale, it’s up there with the most powerful ever recorded. It’s also one that some seismologists were anticipating. Wednesday’s quake, in Russia’s Far East, occurred on a fault line running along the Kuril-Kamchatka Trench – a scar on the seabed caused by the…
Read MoreWes Streeting rules out pay rises for striking resident doctors saying they have ‘squandered goodwill’
Resident doctors have “squandered the considerable goodwill” they had with the government by going on strike, Health Secretary Wes Streeting has told them. The medics – formerly known as junior doctors – finished a five-day strike over pay on Wednesday morning. The group were awarded a close to 30% raise last year but say they…
Read MoreBMA hits back at claims it refused to allow doctors to work in critical areas during strike
The British Medical Association has hit back at claims the organisation refused to allow doctors to keep working in critical areas during five days of strike action. Resident doctors – previously known as junior doctors – began a five day strike across England on Friday as part of an escalating row between NHS bosses and…
Read MoreNational Lottery sales and payouts to pause for 36 hours for ‘unprecedented’ upgrade
National Lottery sales and payouts will pause for around 36 hours this weekend for an “unprecedented” technology upgrade. All draw game sales and prize claims will be paused in shops across the UK from 11pm on Saturday after the Lotto and Thunderball draws until “late Monday morning”, operator Allwyn said. The National Lottery website and app will…
Read MoreFreed British-Israeli hostage Emily Damari says Starmer not ‘on right side of history’ over Palestine recognition
A British-Israeli woman who was held hostage by Hamas for more than a year has said Sir Keir Starmer is “not standing on the right side of history” after his conditional pledge to recognise Palestine as a state. In an Instagram post, Emily Damari said: “Prime Minister Starmer is not standing on the right side…
Read MoreTwo British boys, 11 and 13, drown off Catalan coast, Spanish officials say
Two British boys, aged 11 and 13, have drowned in eastern Spain. The Spanish General Directorate of Civil Protection said in a statement that the two boys died on Tuesday evening after getting into difficulty off Llarga beach in Salou, Tarragones, Catalonia. Their father had entered the water with them and was rescued, it added.…
Read MoreRobey Warshaw’s greatest dealmaking coup: selling itself for $200mn
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Call it the signature deal for Simon Robey and Simon Warshaw. London’s pre-eminent deal bankers on Wednesday announced that their eponymous firm, Robey Warshaw, would be acquired by the New York-based Evercore for a shade…
Read MoreSean ‘Diddy’ Combs asks judge to release him on $50m bond as he awaits sentencing
Disgraced hip hop mogul Sean “Diddy” Combs has asked a judge to release him on a $50m bond as he waits to be sentenced for prostitution-related offences. Combs’s lawyer has argued that conditions at the Metropolitan Detention Centre in Brooklyn are dangerous and noted that others convicted of similar offences were typically released before sentencing.…
Read More