Author: LoveWorld UK

EXXONMOBIL HAS FORMALLY EXITED THE WEST QURNA 1 OILFIELD – Energy giant hands over operations to PetroChina as lead contractor U.S. energy giant ExxonMobil Corp XOM.N has formally exited the West Qurna 1 oilfield in southern Iraq and handed over its operations to PetroChina as lead contractor, a deputy oil minister has said. Senior Iraqi oil officials met with executives from ExxonMobil, PetroChina and Basra Oil Co on Monday at the West Qurna 1 field near Basra to mark Exxon’s complete exit and the handover of its operations to PetroChina. PetroChina holds the largest stake in the field after the…

DEPOP, VINTED & OTHER APPS TO SHARE MORE INFORMATION WITH HMRC – New rules require digital platforms to report income sellers are getting  From 1 January firms including Vinted, Airbnb, and eBay are obliged to collect and share details of such transactions with the tax authorities. That will allow HMRC to home in on anyone who should be declaring the extra income but isn’t. While HMRC was already able to request information from UK-based online operators, from the start of this year there are new rules that the UK has signed up to via the international body, the Organisation for…

AMBER WIND WARNING ISSUED – As Storm Henk to batter parts of UK with 80mph gusts An amber wind warning has been issued as Storm Henk looks set to batter parts of the UK with gusts of up to 80mph. The Met Office warning, for parts of southern England, the Midlands, East Anglia and Wales, means there could be disruption to travel as well as “flying debris” that is “likely and could lead to Injuries or danger to life”. It is in place from 10am until 8pm on Tuesday. A separate yellow weather warning for wind covering the whole of…

WORD OF THE YEAR FOR 2024 – The Man of God Pastor Chris Oyakhilome declares 2024 to be the year of Redemption Welcoming us into the new year during the December 31st New Year Eve’s service, the Man of God Pastor Chris declared this year to be the year of Redemption. Giving various definitions of the word redemption, he told the global congregation that this is the year of sudden change as we lay claims on what Christ has blessed us with, we turn in our vouchers for actual value. He also told nations to extricate and detangle themselves from…

UK’s benchmark FTSE 100 edged higher on the last day of trading in 2023, supported by a rise in industrial metal miners and energy stocks on higher copper and crude prices, while a drop in precious metal miners capped gains. At 09:12 GMT, the blue-chip FTSE 100 (.FTSE) edged 0.2% higher, on track to extend gains to a fifth week. The FTSE 250 mid-cap index (.FTMC) was down 0.2%, although set for a fourth straight week of gains. Both indexes marked their longest-running weekly streak since early April. Industrial metal miners (.FTNMX551020) rose 0.5%, leading sectoral gains on higher copper prices as the prospect of U.S.…

This was not the reunion that Arsenal envisaged. On a night when West Ham’s discipline and tremendous work ethic turned the Emirates Stadium into a pit of frustration, Declan Rice found himself powerless to resist as the narrative shifted to the goal from Konstantinos Mavropanos that raises further doubts over his old side’s staying power in the title race. Mikel Arteta has every reason to be concerned after a defeat that dashed Arsenal’s hopes of returning to the top of the Premier League. Statistics showing his side had 74% possession and finished a taut encounter with 30 shots to West Ham’s five spoke…

REPUBLICANS APPEAL TRUMP COLORADO BALLOT DISQUALIFICATION – The state high court had put its decision on hold until January 4 The Colorado Republican Party asked the U.S. Supreme Court to intervene after Colorado’s top court disqualified former President Donald Trump from appearing on the state’s Republican primary ballot, an attorney for the Republican group said. The appeal comes after the Colorado Supreme Court on Dec. 19 disqualified Trump because of his role in the Jan. 6, 2021 attack on the U.S. Capitol by his supporters. The court barred Trump under a U.S. constitutional provision prohibiting anyone who “engaged in insurrection…

NEW COINS FOR 2024 HAVE BEEN UNVEILED BY THE ROYAL MINT – The coins celebrate life savers, sports and Churchill New British coins for 2024 have been unveiled by The Royal Mint. 50p, £2 and £5 coins have all been created to mark special occasions, including the 200-year anniversaries of both the National Gallery in London and the Royal National Lifeboat Institution (RNLI), as well as 150 years since the birth of former British Prime Minister Winston Churchill. A 50p coin celebrating TeamGB and ParalympicsGB also marks the upcoming 2024 Olympic Games, which are set to take place in Paris.…

GOVERNMENT CONFIRMS THE DATE OF THE NEXT SPRING BUDGET AS 6 MARCH – Sunak accused of ‘desperate’ inheritance tax briefing Rishi Sunak has been accused of a “desperate” briefing on inheritance tax (IHT) after reports suggested it would be slashed ahead of the next election. It comes as the government confirmed the date of the next spring budget, which will be delivered on 6 March. With a general election looming next year, Mr Sunak will be under pressure from Tory MPs to announce tax cuts to boost their chances of victory. Around 4% of people pay inheritance tax. At present…

MADUEKE COMES OFF THE BENCH TO ENSURE CHELSEA WIN – Chelsea beat Crystal Palace 2-1 at Stamford Bridge Substitute Noni Madueke struck an 89th-minute penalty to send Chelsea back into the top half of the Premier League table with a hard-fought 2-1 win over Crystal Palace at Stamford Bridge. The pressure was mounting on Mauricio Pochettino following a fourth straight-away Premier League defeat at Wolves on Christmas Eve, but VAR Chris Kavanagh spotted a foul by Eberechi Eze on Madueke inside the box, allowing the youngster to dispatch a late winner from the spot. Mykhailo Mudryk’s early opener was cancelled…