![]() Sudan | Sudan is on the brink of a “ full-scale civil war” that could destabilise the entire region, the United Nations has warned, after an airstrike on a residential area killed 22 civilians. Local police have said that a 25-year-old man has been detained over the fatal incident.įrance | France has banned fireworks outside authorised public displays during the 14 July Bastille Day holiday weekend, amid simmering tensions over last month’s police killing of a teenager and a brutal arrest at the weekend leading to fresh allegations of police violence. But as a result voters are left in the dark about some of the financial interests of their elected representatives.Ĭhina | Six people have been killed and one person has been injured in an early morning knife attack at a kindergarten in southern China. Parliamentary rules mean MPs’ shareholdings, including ones that were held by the former prime minister Theresa May and the former education secretary Gavin Williamson, do not need to be publicly disclosed in parliamentary registers. ![]() Westminster | The Guardian has revealed that more than 50 MPs have owned stakes in publicly listed companies that raise questions about possible conflicts of interest and that until now have been in effect secret. It has been alleged that the unnamed BBC star gave £35,000 over three years to a young person who used the money to fund their crack cocaine habit. Five big storiesīBC | The BBC has suspended a prominent male presenter and called in the police over allegations that he paid a teenager for sexually explicit images, as the corporation struggles to contain a rapidly escalating crisis. ![]() And ultimately, all of this makes it harder for the government to invest money in public services.įor today’s newsletter, I asked the Guardian’s economics editor, Larry Elliot, to break down all the jargon and explain the potential fallout of an economy that keeps getting worse. The UK is now the only major economy where inflation is still rising – consumer prices rose from 7.8% in April to 7.9% in May, compared to the previous year. Households are still facing a significant and growing squeeze on their budgets. The economic picture has confounded experts, the government and the Bank of England, who have struggled to make sense of why inflation has not declined at the rate they had hoped it would. When Rishi Sunak took over in October last year, his promise to halve inflation to 5% was seen as an easy win – over six months later, there is good reason to doubt whether this will happen by the end of the year. Borrowing costs have risen above even the levels hit during Liz Truss’s tumultuous time in office. Last week, the Treasury paid its highest borrowing costs this century at 5.6% on £4bn in government debt. The last 14 days currency values.Unfortunately, in some ways, they have. Sending money overseas over £2000? Free Transfers, No Fees! Request a quote today! Exchange Rate History For Converting Pounds (GBP) to Dollars (USD) Looking to make a British Pound US Dollar international money transfer? Currency UK recommend TorFX as our preferred currency provider. ![]() Countries using this currency: American samoa, British indian ocean territory, Ecuador, El salvador, Guam, Haiti, Marshall islands, Northern mariana islands, Palau, Panama, Puerto rico, Timor-leste, Turks and caicos islands, United states, United states minor outlying islands, Virgin islands (british), Virgin islands (u.s.),
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