GBP News 

Just 29% of public wants May to keep job until next election

“Almost half of the public believes the Prime Minister should quit before the next scheduled general election in 2022, as dissatisfaction with her leadership remains high” writes Rob Merrick for independent.co.uk. But Liam Fox, the International Trade Secretary, made plain he would accept a transition period only if he is able to seek and sign trade deals with non-EU countries from day one. Source: independent.co.uk Share This:

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GBP News 

Changes to business rates appeals system fears ignored ahead of start date

“The Government pushed ahead with plans to overhaul the appeals system for business rates despite not receiving a single consultation response in support of them, The Sunday Telegraph can reveal” writes Rhiannon Bury for telegraph.co.uk. Businesses were consulted about the new “check, challenge, appeal” process in August 2016, which has overhauled the grounds on which companies can argue against rating ­decisions by introducing a power to throw out appeals that are within a margin of error of around 15pc.The system was implemented in April this year along with a revaluation…

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GBP News 

Tata Steel signs new pensions deal

“Finalising the pension arrangements is expected to clear the way for Tata to merge its European steel business with German firm Thyssen Krupp” writes Lars Fjelds E-nielsen for telegraph.co.uk. Tata Steel UK said it had signed the documentation for a so-called regulated apportionment arrangement (RAA) with the Trustee of the British Steel Pension Scheme, offering “more sustainable outcomes” for pensioners, employees and the business. Source: telegraph.co.uk Share This:

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GBP News Oil 

Trans Mountain pipeline work stopped before it starts in British Columbia

“The British Columbia provincial government is taking legal and administrative action to stop the Trans Mountain pipeline expansion” writes Lynda V for seattletimes.com. Kinder Morgan wants to twin an existing pipeline from Alberta to carry tar-sands oil to the coast for export.The British Columbia provincial government has monkey-wrenched the start of construction for the Trans Mountain pipeline expansion, announcing Thursday that it is taking legal and administrative steps to stop the project.Many Washington conservation groups also oppose it, out of concern for oil spills and survival of the endangered southern…

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GBP News 

British boss of Lego removed after just eight months because of his age

“Lego has removed its British chief executive after just eight months in the top job, saying it has found a younger replacement earlier than expected” writes Kallum Pickering for telegraph.co.uk. The 61-year-old Bali Padda, who became the first non-Dane to lead the plastic brick giant when he started as chief executive in January, has been moved to a “special advisory role” to make way for new boss Niels Christiansen, the former chief executive of industrial technology company Danfoss. Source: telegraph.co.uk Share This:

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Crypto GBP News 

Motherhood Saves Kidnapped British Model from Bitcoin Online Auction

“Police investigations are underway to determine if the 20-year-old was kidnapped to be sold as a sex slave in a bitcoin auction on the dark web network known as Black Death” writes unknown author for cryptocoinsnews.com. A British model who was drugged and held captive for a week in Italy where she was threatened to be sold on the dark web if her agent didn’t pay $300,000 has been set free.After she failed to return to the U.K., her agent alerted authorities on the 11 July after receiving the ransom…

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GBP News 

Model kidnapped for auction on pornographic website, Italian police say

“Police said the woman went to a supposed photo shoot, where two men attacked her A 20-year-old British model was kidnapped in Milan, Italy, to be auctioned off on a pornographic website on the dark web, the Italian State Police said Saturday” writes Vasco Cotovio for thebostonchannel.com. According to the Italian police, the suspect used encrypted accounts to ask the model’s agent for $300,000 to stop the online auction from going ahead. Source: thebostonchannel.com Share This:

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GBP News 

Usain Bolt makes sluggish start to world 100m after beef with the blocks

“Usain Bolt always manages to retain a veneer of being unbothered by his rivals but he was unable to hide his distaste for the starting blocks being used at the world championships” writes Martha Kelner for theguardian.com. The most impressive of his rivals on first inspection was Christian Coleman, the fastest man in the world this year. Source: theguardian.com Share This:

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GBP News 

British households are approaching the ‘maximum rate of pain’ from the Brexit vote

“With the return of inflation since June last year, a real and painful squeeze is underway for British households.Inflation, at the last reading, is running at 2.6%, while wage growth was just over 2%” writes Will Martin for businessinsider.com.au. Broadbent, however, reflecting the views expressed by the Bank of England’s Quarterly Inflation Report — which was released on Thursday — thinks that the peak is close, as inflation begins to fall and wage growth starts to pick up. “That affect on inflation of the lower value of sterling, is however,…

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