Author: Loveworld UK

BT Group has sparked a bitter legal fight with ministers over pension reforms which it claims have increased the burden of one of the biggest retirement scheme liabilities in corporate Britain. Sky News has learnt that BT’s lawyers have sent a letter before action to the Treasury to warn that the company will seek a judicial review unless the changes are reversed.The row relates to part of the BT pension scheme which retains a link to Whitehall’s civil service scheme, dating back to the period prior to the FTSE-100 telecoms giant’s 1980s privatisation.A government consultation running until February last year…

A college has apologised after two Native American teenagers were removed from a campus tour because a woman told police their behaviour was “really odd”. Colorado State University is inviting the pair back to the school for a VIP tour and is offering to pay for their travel – as well as the expenses for their original trip.Thomas Kanewakeron Gray, 19, said police stopped him and his brother, Lloyd Skanahwati Gray, 17, while the tour group was inside a gymnasium during the visit.He described the officers’ questioning as aggressive.The video shows the brothers, who are dressed casually, walking in a…

Fresh earthquakes have hit Hawaii’s Big Island, where a volcanic eruption has forced more than 1,700 people from their homes. The latest series of earthquakes began on Thursday with a 4.6 magnitude quake, which shook the island’s active volcano Kilauea.The volcano has been spewing ash and lava, while the earthquakes have also strengthened – the latest being a 6.9 on Friday afternoon, the largest to strike the area since a 7.5 earthquake rocked the island in 1975.Scientists are investigating whether the earthquakes are affecting the eruption of Kilauea. Image: Kilauea volcano in Hawaii has spewed lava onto this street. Pic:…

Jamie Acourt – one of Britain’s most wanted fugitives – will appear in court next week for an extradition hearing, after being arrested by armed police in Barcelona. The 41-year-old, from south London, was arrested by armed officers in a joint police operation after he left the Metropolitan Sagrada Familia Gym on Friday afternoon.Acourt was one of the suspects in the murder of Stephen Lawrence but has always maintained his innocence and the charges against him were dropped due to lack of evidence. Image: Acourt is suspected of involvement in a drugs supply operation. Pic: NCA He had been wanted…

Donald Trump has compared a London hospital to a “war zone” because of knife crime, as he defended the use of guns in America. Speaking at the National Rifle Convention (NRA) in Dallas, the US president claimed there was blood all over a unnamed hospital’s floors while he referenced the knife murders in the capital this year.”I recently read a story that in London, which has unbelievably tough gun laws, a once very prestigious hospital right in the middle is like a war zone for horrible stabbing wounds,” he said.”Yes, that’s right they don’t have guns, they have knives – and…

Plans to stop the sale of new cars that are unable to drive more than 50 miles using electric power are to be announced, Sky News understands.   Industry publication Autocar reported that a Government “ban” on such cars would be enforced from 2040 as part of the Road To Zero Strategy.If manufacturers comply, most hybrid cars on sale today, including the Toyota Prius, will no longer be available to buy new.However, a source speaking to Sky News said there would not be a formal ban but that the Department of Transport intends to work with industry members to achieve…

The City executive who has spent the last two years managing taxpayers’ stake in Royal Bank of Scotland (RBS) is to join the state-backed lender in one of its most senior posts. Sky News has learnt‎ that Oliver Holbourn, who has just stepped down as chief executive of UK Financial Investments (UKFI), is in talks with RBS about becoming its head of strategy.His appointment is likely to attract attention in Westminster because of his five-year stint at UKFI, the agency set up during the financial crisis to manage the public stakes in Britain’s bailed-out lenders at arm’s length from the…

This wasn’t supposed to be happening to Argentina. The election, three years ago, of the moderniser Mauricio Macri as president was hailed as proof that what was once Latin America’s richest economy was getting back on its feet.Now, after the country’s central bank raised interest rates for the third time in a week, it does not feel like that.Inflation – a perennial bugbear for Argentina – is running at an annual rate of 25.4%, compared with the central bank’s target of 15%, while the local currency, the peso, is in free fall.This time last year, it cost 15 pesos to…

The head of Britain’s biggest union has survived an attempt to force a rerun of the election that saw him reinstated as leader last year. Len McCluskey, leader of Unite, was re-elected to his post after enjoying a narrow win over Gerard Coyne, who was the union’s regional officer for the West Midlands.Mr Coyne, who was since been removed from his role, complained that Mr McCluskey had breached election rules by calling the contest, even though there was no vacancy for the job of general secretary.He complained that the election was invalid, and that it should be rerun.It resulted in…

The womenswear group behind Jacques Vert has gone into administration putting 1,000 UK high street jobs at risk, it has been confirmed. Calvetron Brands blamed “extremely difficult” retail conditions as it called in Duff & Phelps to oversee the process – a day after the story was first reported by Sky News.The collapse makes Calvetron the latest in a long line of high street casualties amid a combination of rising costs and dwindling consumer confidence.Jacques Vert dates back to 1972, when it was founded by two east London tailors.Calvetron operates about 300 UK store concessions in stores such as Debenhams,…