Author: LoveWorld UK

The sale of nitrous oxide, or laughing gas, to the public will be banned and the police will be given enhanced drug-testing powers as part of Rishi Sunak’s attempt to crack down on antisocial behaviour “with urgency”. The levelling up secretary, Michael Gove, said the proposals would stop parks being turned into drug-taking arenas, and would help ministers stamp out antisocial behaviour. The ban comes a month after the independent Advisory Council on the Misuse of Drugs (ACMD) warned against one and said it would be disproportionate with the level of harm associated with nitrous oxide. It said such control could create “significant…

A buyer for Silicon Valley Bank’s deposits and loans helped cast an uneasy calm over fragile markets on Monday, which have been roiled by worries of a credit crunch and systemic bank stress. There are also hopes for extra support for bank funding, after Bloomberg News reported U.S. authorities were in early stage deliberation about expanding emergency lending facilities. Over the weekend, First Citizens BancShares Inc (FCNCA.O) bought all the loans and deposits of SVB and gave the Federal Deposit Insurance Corp equity rights in its stock worth as much as $500 million in return, the FDIC said in statement. Customers retain access to their…

The Scottish National party is preparing to announce later on Monday which candidate has won the bitterly contested battle to be Scotland’s next first minister. Whoever wins may need to do deals with unionist parties if the power-sharing deal with the Greens collapses, the next first minister has been warned. In a barely concealed challenge to Kate Forbes, the centre-right candidate vying to succeed Nicola Sturgeon, the Scottish Greens said: “Progressive politics and climate justice … must be at the heart of any vision for Scotland that we will support.” Forbes, who mounted a combative campaign, has raised substantial doubts about the future…

Israeli Prime Minister Benjamin Netanyahu is set to halt his bitterly contested judicial overhaul, an official from his Likud party said on Monday, a day after the sacking of his defence chief over the plan sparked mass street protests. Israel’s Channel 12 TV reported Netanyahu would announce a halt to the overhaul at 10:30 a.m. (0730 GMT). Earlier, President Isaac Herzog urged the government to call a halt to the planned legislation, which has ignited some of the biggest nationwide demonstrations in Israel’s recent history. “For the sake of the unity of the people of Israel, for the sake of…

Antonio Conte’s well-advertised departure from Tottenham was finally confirmed on Sunday night, the club announcing it was by “mutual agreement” after a week of behind-the-scenes turbulence and stony public silence. Conte’s long-time assistant, Cristian Stellini, will be acting head coach for the remainder of the season, with Ryan Mason as his assistant. The focus will turn towards the identity of the next permanent manager, with Julian Nagelsmann – sacked by Bayern Munich on Friday – on the club’s wish-list. Spurs had wanted Nagelsmann in 2021 after they dismissed José Mourinho but he was set on going to Bayern. The club…

King Charles’ state visit to France has been delayed after trade unions called for another day of nationwide strikes and street protests during his stay, the French presidency said on Friday. King Charles had been due to make his first state visit as monarch to France, beginning a three-day trip on Sunday. “Given the announcement yesterday of another day of national protest against the pension reform on Tuesday, King Charles’ visit, initially scheduled for March 26-29, will be postponed,” the Elysee Palace said in a statement.

FIREFIGHTERS PUT OUT STREET BLAZE IN PARIS AFTER PENSION REFORM PROTESTS – This marks the ninth day of street protests in Paris Emergency services extinguished fires on the streets of Paris after demonstrators set trash ablaze during protesters against President Emmanuel Macron’s plan to raise the pension age. In a ninth day of nationwide protests, train and air travel was disrupted while teachers were among many professions to walk off the job, just days after the government pushed through legislation to raise the retirement age by two years to 64. demonstrations in central Paris were generally peaceful, but smaller groups…

The House of Representatives on Thursday failed to override President Joe Biden’s first veto of his presidency, which was related to a Biden administration rule on environmental, social, and governance (ESG) investment. The House vote of 219–200 in favor of overriding Biden’s veto fell short of the two-thirds majority threshold required. All Republicans who were present voted in favor of overriding the veto. Rep. Jared Golden (D-Maine) was the lone Democrat who joined them in the vote. Biden’s veto, issued March 20, rejected a resolution introduced by Rep. Andy Barr (R-Ky.) to rescind a Department of Labor (DOL) rule that went into…

The Bank of England governor, Andrew Bailey, has called on businesses to hold back price rises, telling them that interest rates will need to rise again unless inflation falls. Bailey, who was speaking after the central bank raised its base rate on Thursday to a 14-year high of 4.25% from 4%, said inflation was too high and the central bank would need to take further action unless it began to fall by the summer. The warning came after the latest official data showed the annual rate of inflation unexpectedly rose to 10.4% in February, from 10.1% in January. The Bank of England’s official inflation target…

Concerns are growing among some parties involved in the Manchester United sale that the Glazers might have “played them for months” – and instead of selling the club they would prefer to either push up the price to create leverage for a loan, or offload a minority stake to a hedge fund. The latest plot twist came on a day where parties were told that the deadline for the second round of bidding would now be 4pm UK time on Friday – having been pushed back from Wednesday night – and US hedge fund Elliott Management confirmed that it had made an…