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☆ UK PM Sunak under pressure to sack interior minister over police criticism
▼ + stars: | 2023-11-10 | by ( Andrew Macaskill | ) www.reuters.com time to read: +3 min

[1/3] Home Secretary Suella Braverman with Prime Minister Rishi Sunak as he hosts a policing roundtable at 10 Downing Street, London, Britain October 12, 2023. Braverman, the home secretary responsible for policing and national security, has a long history of making controversial statements that have alienated her more moderate colleagues. Some Conservative Party politicians called for her to be moved or distanced themselves from her comments on Friday. Since the article was published, Braverman has not apologised. Britain's finance minister, Jeremy Hunt, was the most senior member of the government to distance himself from Braverman's comments on Friday.

Persons: Suella Braverman, Rishi Sunak, James Manning, Braverman, Geoffrey Clifton, Brown, Sunak, Downing, Keir Starmer, Jeremy Hunt, Andrew MacAskill, Jan Harvey Organizations: Downing, British, Conservative Party, BBC, Labour Party, Times, Thomson Locations: London, Britain, Braverman, Israel

☆ NatWest admits 'serious failings' in Nigel Farage incident; shares slide after earnings
▼ + stars: | 2023-10-27 | by ( Jenni Reid | ) www.cnbc.com time to read: +2 min

The logo of NatWest, a retail unit of RBS, outside a bank branch in London, U.K., on Tuesday, June 26, 2012. Simon Dawson | Bloomberg | Getty ImagesTrading in NatWest shares was briefly suspended on Friday morning as the stock slid after a combination of lacklustre earnings and regulators flagging possible rule-breaking in a highly mediatized case. NatWest CEO Alison Rose then admitted to discussing Farage's bank account with a BBC reporter, supplying information that was used in a story and later proved to be inaccurate. Alison Rose, NatWest chief executive, (right) departs 10 Downing Street in London, after meeting with Chancellor Jeremy Hunt. NatWest Group Chairman Howard Davies said the report "sets out a number of serious failings in the treatment of Mr Farage."

Persons: Simon Dawson, Coutts, Nigel Farage, Farage, Alison Rose, Chancellor Jeremy Hunt, James Manning, Howard Davies, Mr Farage, Davies Organizations: NatWest, RBS, Bloomberg, Getty, Trading, Authority, NatWest Group, BBC Locations: London

London CNN —London’s Metropolitan Police said it has launched an investigation into allegations of “non-recent” sexual offenses in the United Kingdom, after a joint investigation by British media outlets revealed the comedian Russell Brand was accused of rape and sexual assault. “We have also received a number of allegations of sexual offences committed elsewhere in the country and will investigate these. One of the women said she was 16 and Brand was 31 at the time of the alleged assault in London. The Met announced last week that they were investigating an allegation of sexual assault in 2003. Without naming Brand, a Met spokesperson said: “We are aware of reporting by The Sunday Times and Channel 4’s Dispatches about allegations of sexual offenses.

Persons: Russell Brand, “, Brand, Andy Furphy, ” Brand, James Manning, Covid, Downing, ”, Rishi Sunak’s Organizations: London CNN — London’s Metropolitan Police, British, Sunday Times, Met’s, Crime Command, Park, AP Brand, YouTube, The Times, CNN, Police, Met Police, ”, The Met, The Sunday Times, Met Locations: United Kingdom, London, Los Angeles, Soho

☆ Russell Brand: UK police investigate sexual assault report after allegations
▼ + stars: | 2023-09-18 | by ( Christian Edwards | ) edition.cnn.com time to read: +4 min

One of the women said she was 16 and Brand was 31 at the time of the alleged assault in London. Without naming the British comedian – who denies the allegations – a Met spokesperson said on Monday: “We are aware of reporting by The Sunday Times and Channel 4’s Dispatches about allegations of sexual offenses. In the video, Brand described the claims as “very serious allegations that I absolutely refute.”The women chose not to be identified by name in the report, according to The Times. A BBC spokesperson said Sunday: “The documentary and associated reports contained serious allegations, spanning a number of years. Brand shared the video with his 11.2 million followers on X, formerly Twitter, and his 3.8 million followers on Instagram.

Persons: CNN —, Russell Brand, Brand, –, ” Downing, Rishi Sunak’s, “, ” Brand preemptively, James Manning, Brand –, ”, We’ve, Russell Brand’s, ” Brand Organizations: CNN, CNN — London’s Metropolitan Police, Sunday Times, The Times, The Sunday Times, Met, ”, Met Police, Theatre Royal Windsor, ” Media, BBC, Twitter, Instagram Locations: London, Soho

☆ Yilin Wang: British Museum agrees to pay translator whose work it used without permission
▼ + stars: | 2023-08-09 | by ( Jessie Yeung | ) edition.cnn.com time to read: +5 min

The museum later admitted it had “inadvertently omitted” these steps and apologized, removing Wang’s translations and the original poetry from the exhibition. She said this was an important step in recognizing the often invisible, complex work of translators. The British Museum’s director Hartwig Fischer reached out soon after, she said. A depiction of the unified Qing empire in the British Museum's "China's hidden century" exhibition, seen on May 18, 2023. “She was a queer feminist poet whose work has been kind of overlooked in translation,” Wang said.

Persons: Yilin, Qiu Jin, Wang, “ I’m, ”, “, Wang wasn’t, M.C, ” Wang, James Manning, Hartwig Fischer Organizations: CNN, British Museum, ARMY, British Locations: Vancouver, British

☆ A CEO quits and the BBC apologizes to Trump ally Nigel Farage. A banking scandal erupts in Britain
▼ + stars: | 2023-07-26 | by ( Elliot Smith | ) www.cnbc.com time to read: +9 min

Alison Rose, NatWest chief executive, (right) departs 10 Downing Street in London, after meeting with Chancellor Jeremy Hunt. Prime Minister Rishi Sunak and several members of his Conservative government issued statements condemning the bank and characterizing the termination of Farage's account as an affront to free speech. Farage was offered an alternative account at regular main street bank NatWest, but declined. His critics maintain that although frequent references are made to Farage's political profile and controversial views, the reasons outlined for allowing the banking relationship to lapse were primarily commercial, and he was not "de-banked" as he claims. Without the mortgage, the bank indicated that Farage's account value would fall below its commercial criteria.

Persons: Jonathan Bachman, Alison Rose, Nigel, Coutts, Rose, Danni Hewson, AJ Bell, Farage, Coutts —, Chancellor Jeremy Hunt, James Manning, Rishi Sunak, Nigel Farage, —, DANIEL LEAL, Donald Trump, Vladimir Putin, Frances Coppola, Coppola, Dave Rushen Organizations: Getty, LONDON, NatWest, BBC, UBS, Conservative, Brexit Party, Independence Party Leader, U.K, Independence Party, UKIP, Sky News, NatWest Group, Company Locations: London, U.K, inclusivity, Leicester, British

☆ British Museum apologizes after using translator's work in China exhibition without pay or acknowlegment
▼ + stars: | 2023-06-23 | by ( Jessie Yeung | ) edition.cnn.com time to read: +6 min

CNN —When the British Museum launched its “China’s hidden century” exhibition last month, writer and translator Yilin Wang began getting confusing messages from her peers. No, Wang replied: She’d never been contacted by the museum, which used her work without permission, pay or acknowledgment. It added that “China’s hidden century” had involved more than 400 people from 20 countries, and that those involved had “spent years, together with scholars worldwide,” putting it all together. A British Museum worker pictured in the "China's hidden century" exhibition ahead of its public opening. The British Museum did not respond immediately to CNN’s request for comment.

Persons: Yilin Wang, Qiu Jin, Wang, —, She’d, “, James Manning, ”, It’s, NameTheTranslator, …, ” Wang Organizations: CNN, British Museum, Twitter, Museum, British, UK’s Arts, Humanities Research, “, Google Locations: London, Qing China, British

☆ Britain is facing a mortgage crisis. There are no easy answers
▼ + stars: | 2023-06-23 | by ( Anna Cooban | ) edition.cnn.com time to read: +6 min

Mortgage painThe announcement comes a day after the Bank of England raised interest rates by half a percentage point to help bring down stubborn inflation. More than 2 million UK mortgage holders paying a fixed interest rate are facing an increase of hundreds of pounds in monthly repayments when they are forced to refinance this year and next. Many borrowers bought their homes when mortgage rates were closer to 1% or 2%. That sets the country apart from other major economies, including the United States, where on both measures inflation has started to ease. After the latest rise in interest rates Thursday, Hunt said the government would “stick to [its] guns” on keeping rates high to tame high prices.

Persons: Rishi Sunak, Jeremy Hunt, Sarah Coles, Hargreaves Lansdown, ”, Matt Hammerstein, David Duffy, Debbie Crosby, James Manning, ” Max Mosley, Jake Berry, Sunak, Liz Truss, Brexit, Mark Carney, Charlie Bean, Hunt, ” — Hanna Ziady Organizations: London CNN, UK Treasury, HSBC, Lloyds Banking Group, Barclays, BCS, CNN, Bank of England, National Institute of Economic, Social Research, Virgin Money, Conservative Party, Institute for Fiscal Studies, European Union, Bank of, Daily Telegraph, BBC Radio Locations: United Kingdom, United States, Britain

☆ King Charles III's $19 billion real estate firm is taking legal action against Elon Musk's Twitter over unpaid rent
▼ + stars: | 2023-01-24 | by ( Pete Syme | ) www.businessinsider.com time to read: +3 min

Twitter faces legal action from the Crown Estate, which manages properties owned by King Charles III. Insider understands that the estate has begun legal proceedings against Twitter over its London offices. King Charles is the ultimately owner of the estate, though has little day-to-day involvement. In December 2022, The New York Times reported that Twitter hadn't paid rent on any of its offices for weeks. The Crown Estate manages $19.2 billion worth of properties including 241 in central London, according to its most recent annual report.

☆ Inflation is falling. But the days when prices rose just 2% may never return
▼ + stars: | 2022-12-13 | by ( Julia Horowitz | ) edition.cnn.com time to read: +9 min

Energy prices are pulling back because of fears of a global recession, and the price to ship a container across the ocean has plummeted. In the United States, consumer prices rose at an annual rate of 7.1% in November, the smallest increase since December 2021. Prices rose by 10.7% in the United Kingdom last month, down from 11.1% in October, according to data published Wednesday. But even if this bout of inflation has peaked, economists are warning the world may not return to simpler days when prices barely rose at all. At least for now, supply of critical minerals can’t keep up, which could force prices higher at times.

☆ Huawei spin-off Honor to launch first foldable phone abroad as Chinese firm takes on Apple, Samsung
▼ + stars: | 2022-09-02 | by ( Arjun Kharpal | ) www.cnbc.com time to read: +2 min

Honor CEO George Zhao launched the company's Honor 70 smartphone in Europe during a virtual presentation at the IFA trade show in Berlin, Germany. Honor, which was spun off from Chinese technology giant Huawei in 2020, is trying to boost its market share outside of China. Honor, the smart devices company spun off from embattled Chinese tech giant Huawei, plans to launch a foldable phone in overseas markets as it looks to challenge Apple and Samsung on the global stage. Honor faces an uphill battle outside of China where it has less than a 1% smartphone market share. Alongside the upcoming foldable phone, Honor is placing emphasis on the more expensive premium end of the smartphone market outside of China.

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