Author: Loveworld UK

Theresa May will unveil a social care revolution in the Tory manifesto, paid for by axing winter fuel payments for wealthy pensioners. The Prime Minister will claim social care is “one of the great challenges of our time” and pledge that no one should have to sell their home to pay for it. People will not be made to pay for their care if their assets are worth less than £100,000, up from the current £23,250, as the Conservatives attempt to tackle the long-term challenges of an ageing society. However, for the first time, those who receive care in their…

Facebook has been fined €110m (£94.5m) by EU competition regulators in relation to its takeover of WhatsApp. Officials said the penalty was being imposed after the social network was found to have given “incorrect or misleading” information in 2014. The European Commission said Facebook had informed its anti-trust body, in submissions ahead of the $19bn (£15.3bn) buyout, it would be unable to “establish reliable automated matching” between Facebook and WhatsApp user accounts. But it determined that the mobile messaging service offered updates in 2016, after the deal had been completed, that included the possibility of linking user phone numbers with…

Bowing to mounting pressure, the Trump administration has appointed a former FBI director to lead an investigation into possible ties between the President’s election campaign and Russia. The appointment of Robert Mueller as special counsel comes amid a growing Democratic outcry for someone outside the US Justice Department to handle the politically charged investigation. Donald Trump said the inquiry will show there was no collusion between his presidential campaign and a foreign power. “As I have stated many times, a thorough investigation will confirm what we already know – there was no collusion between my campaign and any foreign entity,”…

The pound has returned to levels against the dollar not seen since last September, in the wake of its post-Brexit vote slump. Sterling, which has been flirting with the $1.30 level in recent days amid a weakening of the dollar, sped past the milestone as UK retail sales figures for April beat market expectations. They showed the biggest rise in the value of retail spending in 15 years over the three months to April – up 6.2% on a year earlier. Sales volumes jumped 2.3% on the month – more than double economists’ forecasts – which followed the weakest quarter…

The social media giant is fined for providing “misleading” information during its takeover of WhatsApp. from BBC News – Business

LONDON (Reuters) – The Bank of England’s growth and wage forecasts are too rosy, according to economists polled by Reuters who were divided on what a large Conservative majority in June’s UK election would mean for Britain’s divorce terms from the EU. from Reuters: UK

He also performed the theme song to the 2006 James Bond film Casino Royale and worked as a solo artist. from BBC News – World

The British fashion brand says profits fell despite a boost to UK sales from the fall in the pound. from BBC News – Business

The packaging for Pringles and Lucozade Sport is among the most difficult to recycle, a trade body says. from BBC News – Business

Hundreds of people gathered in the city calling for the impeachment of President Michel Temer. from BBC News – World