Author: LoveWorld UK

German logistics company DHL plans to cut as many as 2,200 jobs of U.K-based workers at Jaguar Land Rover factories, the Unite trade union said on Tuesday. The job cuts comprise just under 40% of the entire DHL workforce on the contract, the union said. DHL indicated that the half of the job cuts are due to a decline in car production and half are the result of anticipated “efficeincy savings”, the union added. “DHL must not attempt to make permanent full-time staff redundant while continuing to outsource work to sub-contractors,” Matt Draper, Unite national officer for logistics, said. Last…

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Around four-fifths of German firms with foreign exposure have experienced a collapse in revenues as a result of the coronavirus crisis, and 93% expect global economic conditions to improve only in 2021 or later, according to a survey. The survey for the German Chambers of Commerce showed the devastation wrought by the epidemic on Europe’s largest economy, with 15% of the roughly 3,300 companies surveyed reporting a halving of their annual turnover. But the focus of the impact was shifting: whereas lockdown-related travel restrictions had a major impact on sectors including tourism and industry earlier on, now companies were increasingly…

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The sight of Tottenham Hotspur team mates Hugo Lloris and Son Heung-min clashing at halftime during their 1-0 victory over Everton on Monday was “beautiful” and a sign that the team are growing up, manager Jose Mourinho has said. Goalkeeper Lloris and forward Son had to be held apart by team mates shortly after Everton’s Richarlison had gone close to an equaliser, with Lloris clearly angry at Son for not tracking back in the build-up to the chance. Mourinho said his players were fired up by his criticism of their limp performance in Thursday’s 3-1 defeat by Sheffield United and…

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British house prices fell for a fourth month in a row in June as COVID-19 continued to depress the market, the longest run of monthly declines since 2010, mortgage lender Halifax said on Tuesday. Halifax said average house prices dropped by 0.1% in June after a 0.2% fall in May, and were 0.9% lower than in the first quarter of 2020. Compared with a year earlier, prices were up by 2.5%, though this was the slowest rate of growth since November 2019. “The near-term outlook points to a continuation of the recent modest downward trend in prices through the third…

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Hong Kong’s national security law does not spell “doom and gloom”, its leader said on Tuesday, as she tried to calm unease over legislation that critics say could quash freedoms that have underpinned the city’s success as a financial hub. In an illustration of worries about the law, the video app TikTok said it was preparing to leave the Hong Kong market, and other tech firms said they have suspended processing Hong Kong government requests for user data. The sweeping legislation that Beijing imposed on the former British colony punishes what China defines as secession, subversion, terrorism and collusion with…

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British finance minister Rishi Sunak earmarked 3 billion pounds ($3.75 billion) to improve the energy efficiency of homes and public buildings as part of broader plans to kickstart the economy and support jobs. Ahead of an announcement on Wednesday of its next moves to soften the hit from the coronavirus lockdown, the finance ministry said households would be given 2 billion pounds in grants — worth up to 5,000 pounds each — to cover two thirds of the costs of insulation and double-glazing of windows. The poorest families will receive up to 10,000 pounds without having to pay anything, the…

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Foreign students must leave the United States if their school’s classes this fall will be taught completely online or transfer to another school with in-person instruction, the U.S. Immigration and Customs Enforcement (ICE) agency announced on Monday. It was not immediately clear how many student visa holders would be affected by the move, but foreign students are a key source of revenue for many U.S. universities as they often pay full tuition. ICE said it would not allow holders of student visas to remain in the country if their school was fully online for the fall. Those students must transfer…

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God is going to bless the works of your hands and you are going to be so productive — Pastor Chris Oyakhilome. Great rejoicing by the global congregation, followed the declaration of July to be ‘the Month of Productivity’ by Pastor Chris at the just concluded Global Communion Service. “This month, God is going to bless the works of your hands and you are going to be so productive,” Pastor Chris prophesied to all participants. During the service, Pastor Chris also took out time to specially pray for the sick. Calling out specific cases as led by God’s Spirit, he…

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British finance minister Rishi Sunak will try to restart the country’s economy by giving homebuyers a tax break and cutting value-added tax for pubs, restaurants and other hospitality firms, The Times newspaper reported. Sunak is due to announce on Wednesday the next stage of his attempt to steer the world’s fifth-biggest economy away from its 25% collapse in March and April, when the government’s coronavirus lockdown shut entire sectors. Sunak’s plan is expected to focus on measures to limit a rise in unemployment — including help for job-seekers and trainees — but the measures reported by The Times suggest he…

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Growth returned to British construction companies in June for the first time since the coronavirus lockdown began, albeit from low levels, a business survey showed on Monday. The IHS Markit/CIPS UK Construction Purchasing Managers’ Index (PMI) rebounded to 55.3 from 28.9 in May, its highest since July 2018 and well above the 50 threshold for growth. Data company IHS Markit said growth was driven mostly by housebuilders, but commercial and civil engineering construction companies also reported an increase in activity. “As the first major part of the UK economy to begin a phased return to work, the strong rebound in…

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