Author: LoveWorld UK

RYANAIR CUTS PROFIT FORECAST – Europe’s largest airline by passenger numbers was removed from booking sites Ryanair has reported a slump in quarterly profits and narrowed its expectations for annual earnings after some online travel sites stopped selling its flights. The no-frills carrier said it made profit after tax of €15m (£12.8m) over the final three months of 2023, its third quarter, compared to the €211m it achieved in the same period a year previously. A poll of analysts had expected a figure of €49m. The sum came in lower despite a 7% rise in passenger numbers and fares being…

Jürgen Klopp has stunned Liverpool and the world of football by announcing he is to leave the club at the end of the season. The 56-year-old attributed his shock decision to “running out of energy”. Klopp has been Liverpool manager since 2015 and is under contract until 2026 but, in an announcement via the club’s media channel, has revealed he will stand down two years early. The news will come as a devastating blow to Liverpool supporters – who idolise the charismatic German – and also to the players and the owner, Fenway Sports Group, whose appointment of the former Borussia Dortmund…

MANCHESTER UNITED APPOINT NEW C.E.O – Omar Berrada appointed Man United’s new chief executive from rivals Man City Manchester United have appointed Omar Berrada from rivals Manchester City as their new chief executive. United have been searching for a new CEO since the departure of Richard Arnold and have found his successor in Berrada, who has played a key part in City’s recent on and off-the-field success. Reports suggest the appointment was made by Sir Jim Ratcliffe in consultation with Joel and Avram Glazer but that INEOS were the driving force behind the move. The deal has been done quickly…

RENTS HIT RECORD HIGH – Experts say double-digit rises are unsustainable due to affordability Average asking rents outside of London hit a record £1,280 per month towards the end of last year, according to a property website. Rightmove, which released the index covering Britain, said agents are typically receiving 11 enquiries for every rental property. However, there are indications the market may have reached its peak with 2024 expected to see a slowdown in rent hikes. A 0.2% quarterly increase in asking rents in the last three months of 2023 was the smallest rise since 2019. There have also been…

LLOYDS BANKING GROUP TO CUT JOBS AS IT MOVES TO ONLINE BANKING – There will be a net loss of 769 roles  Lloyds Banking Group is to cut about 1,600 jobs across its branch network as it continues to shift its business towards online banking. Some 830 new roles will also be part of the strategy, resulting in a net reduction of 769 jobs. Some staff will be offered voluntary redundancy and the most junior employees are expected not to be affected by the losses. The new jobs will be customer-facing and provide services across branches, via video meetings and…

FRENCH COURT SCRAPS LARGE PARTS OF NEW IMMIGRATION LAW – Measures make it harder for migrants to bring relatives in & access state welfare Large parts of a new French immigration law, including restrictions on access to welfare benefits for migrants and to citizenship for their children born in France, must be scrapped, the Constitutional Council said on Thursday, January 25th. The court, which determines whether laws are constitutional, struck down 35 of the 80 measures contained in the bill. Most of the scrapped clauses were introduced by opposition right-wing lawmakers during a turbulent parliamentary process. Measures, including making it…

DR CONGO ADVANCE TO AFRICA CUP OF NATIONS LAST 16 – Tanzania draw 0-0 with the Democratic Republic of Congo DR Congo reached the knockout stage of the 2023 Africa Cup of Nations after a goalless draw with Tanzania in Korhogo. The result eliminated the East Africans, who had needed to win to progress themselves. A point was enough for DR Congo to finish second in Group F behind Morocco, who topped the table thanks to their 1-0 win over Zambia. The prize for the Leopards is a last-16 tie against Egypt, with Morocco taking on South Africa. The results…

JAPAN SAYS SLIM MOON PROBE ACHIEVED ‘PINPOINT’ LANDING Touchdown within 100 m (328 feet) of its target Japan’s moon lander achieved an unusually precise touchdown within 100 m (328 feet) of its target, the space agency said on Thursday (January 25), after the nation became the fifth to put a spacecraft on the moon with the weekend touchdown of its SLIM probe. “I believe that we have achieved something that no one has ever been able to do before, proving that you can get off where you want to get off, rather than just getting off where you can,” project…

LIVERPOOL ADVANCE TO CARABAO CUP FINAL – Liverpool draw 1-1 with Fulham and will face Chelsea in the final Liverpool are through to the Carabao Cup final after a 1-1 draw with Fulham at Craven Cottage was enough to give them a 3-2 aggregate win. Holding a one-goal advantage from the first leg at Anfield, Liverpool took the game further away from Fulham early on through Luis Diaz’s deflected strike and looked set for a comfortable evening until Issa Diop ensured a tense finale late in the game. But there were no further scares for Liverpool who held on for…

CARMAKER AUDI’S MEXICO UNION WORKERS STRIKE OVER WAGE INCREASE – Last year a 9.4% salary raise was agreed  Union workers at Audi’s Mexico unit went on strike after failing to reach an agreement with the carmaker for a new contract, the company’s union leader said, with the company saying the two sides are far apart on a wage increase. Approximately 1,000 workers protested outside the Audi plant in the central state of Puebla, shouting, “We are workers, not beggars.” Audi said the union declined its offer for a 6.5% salary raise and asked for a 15.5% increase. Union leader Cesar…