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London CNN —The coronation of King Charles III on Saturday was a historic day, jam-packed with events – some planned, others not. The crowning eventCharles was hidden from view for the most dramatic part of the service at London’s Westminster Abbey on Saturday. King Charles III sits as he receives The St Edward's Crown during the coronation ceremony at Westminster Abbey, London, Saturday, May 6, 2023. Lady in bluePenny Mordaunt leads King Charles III during his coronation ceremony in Westminster Abbey. Queen Camilla and King Charles III arrive for their coronation at Westminster Abbey.
[1/5] Britain's Camilla, Queen Consort attends a Garden Party, in celebration of King Charles' coronation, at Buckingham Palace, London, Britain. When Charles' divorced first wife, the popular, glamorous Princess Diana, died in a car crash in Paris in 1997, Camilla bore the brunt of media hostility. That's the strength of love," Camilla told Charles in the secretly recorded telephone conversation publicised in 1993. From being able to appear in public together, to marriage and last year's approval from Queen Elizabeth to Camilla taking the title Queen Consort, their success is complete. Other surveys have also indicated only a minority thought she should be Queen Camilla.
Jeremy Selwyn/WPA Pool/Getty Images Camilla stands next to Queen Elizabeth II during a Diamond Jubilee pageant on the River Thames in June 2012. Chris Jackson/Getty Images From left, Camilla, Charles, Queen Elizabeth II and Prince Philip attend the state opening of Parliament in May 2013. From left are Camilla, Charles, Queen Elizabeth II, Prince Louis, Duchess Catherine, Princess Charlotte, Prince George and Prince William. Frank Augstein/WPA Pool/Getty Images In pictures: Britain's Queen Camilla Prev NextShe reportedly met Prince Charles at a polo match in Windsor in 1970 and they became friends. From left are Camilla, Charles, Queen Elizabeth II, Prince Louis, Duchess Catherine, Princess Charlotte, Prince George and Prince William.
New York CNN —Matchbox, maker of tiny toy cars, is bringing back one if its most important models. It’s not a car, but a little horse-drawn coach, and its success led to the creation of Matchbox toy cars. The new carriage will be in the traditional 1/64 scale used for Matchbox cars. Courtesy MattelDecades later, Elliot Handler, one of the founders of Mattel, noticed his son playing with Matchbox cars. Hot Wheels cars had flashy paint jobs, outsized wheels, impossibly huge (relatively speaking) plastic engines, and only occasionally looked like cars you might actually see on the street.
Coronations at Westminster Abbey go back almost one thousand years. Like Charles III, William had his coronation at Westminster Abbey. Gross says coronation blunders do not become truly significant for monarchs until their reign starts to go wrong. A “beautiful and symbolic” silver cross containing a piece of the so-called True Cross will lead King Charles’ coronation procession in London next month. Meanwhile, gun salutes will sound from military bases and ships at sea to mark the moment Charles is crowned King.
British royals gather for first Easter of King Charles' reign
  + stars: | 2023-04-09 | by ( ) www.reuters.com   time to read: +2 min
[1/2] King Charles III and the Queen Consort attend the Easter Mattins Service at St George's Chapel at Windsor Castle in Berkshire, Britain April 9, 2023. Yui Mok/Pool via REUTERSLONDON, April 9 (Reuters) - King Charles and senior British royals gathered at Windsor Castle for their traditional Easter service on Sunday, the first of the new monarch's reign. Also present was the king's younger brother Prince Andrew, who was removed from royal duties before settling a U.S. sex abuse lawsuit last year. Both are buried in the King George VI chapel at Windsor. It is also the 18th wedding anniversary for Charles and second wife Camilla, who tied the knot in Windsor in 2005.
A shortage of tomatoes affecting UK supermarkets is widening to other fruit and vegetables and is likely to last weeks, retailers have warned. According to the BRC, UK supermarkets import 95% of their tomatoes and 90% of their lettuce in December and typically the same proportions in March. Stiles said UK supermarkets had opted to import even more fresh produce from abroad this winter, taking advantage of lower prices sought by overseas growers. UK supermarkets have not mentioned Brexit as a reason for the supply crunch. Although full UK border checks on fruit and vegetable imports from the Europen Union start only from January 2024, Stiles says additional paperwork has already deterred EU producers from exporting more to the country.
Asda told CNN that it was temporarily limiting purchases of some items to three packs per customer. These include tomatoes, peppers, cucumbers and lettuce. Morrisons told CNN that it had imposed a cap of two packs per customer on tomatoes, peppers, cucumbers and lettuce. Sainsbury’s (JSAIY), the United Kingdom’s second-largest food retailer, told CNN it had no plans to ration the sale of fruit and vegetables. The high-end supermarket chain told CNN that it was “monitoring the situation” but had no plans to introduce rationing.
Now, under a new prime minister, the government is pledging fiscal austerity, accompanied by an increase in the corporate tax rate to 25%. Photo: Agence France-Presse/Getty ImagesWith the latest change, the corporate tax rate has flip-flopped four times in less than a year. The tax increase, from the current rate of 19%, will apply to companies with annual profit of more than £250,000, equivalent to more than $307,000. We know it is increasing to 25%.”The U.K. government’s change brings the corporate tax rate in line with those of other large economies. Photo: Jason Alden/Bloomberg NewsU.K. companies’ costs are rising on multiple fronts.
Now, under a new prime minister, the government is pledging fiscal austerity, accompanied by an increase in the corporate tax rate to 25%. Photo: Agence France-Presse/Getty ImagesWith the latest change, the corporate tax rate has flip-flopped four times in less than a year. The tax increase, from the current rate of 19%, will apply to companies with annual profit of more than £250,000, equivalent to more than $307,000. We know it is increasing to 25%.”The U.K. government’s change brings the corporate tax rate in line with those of other large economies. Photo: Jason Alden/Bloomberg NewsU.K. companies’ costs are rising on multiple fronts.
CNN —For four years, Lauren Sánchez has been quietly working behind the scenes to help Amazon founder, Jeff Bezos, strategically give away his vast wealth to a variety of causes. In their first sit-down interview as a couple at their sprawling Washington, D.C. home, Sánchez got candid about her philanthropic projects, space travel and what makes her relationship with Bezos work so seamlessly. “The work that we’re doing with the Bezos Courage and Civility Award I think needs to have a voice,” Sánchez said. Lauren Sanchez visits the US-Mexico border. Sánchez and Bezos said they wanted to bring a “little bit of light” to the people who use unity instead of conflict to resolve issues.
Governor of the Bank of England, Andrew Bailey, speaks during the Bank of England's financial stability report news conference, at the Bank of England, London August 4, 2022. And what they can't allow is for the bond market to be overly volatile," said Iain Stealey, CIO of fixed income at JPMorgan Asset Management. U.S. and German 30-year borrowing costs are up just 16 and 33 bps respectively , this month and the contrast highlights the scale of selling gripping Britain's bond market. The unprecedented bond market moves triggered hefty collateral calls on hedging strategies that many funds are still struggling to meet. Bond market volatility has also raised doubts about whether the BoE can press ahead with its plan to sell some of its bond holdings, a process known as quantitative tightening (QT).
We think the rebalancing must be done," Bailey said at an event organised by the Institute of International Finance. "My message to the funds involved and all the firms involved managing those funds: You've got three days left now. Bailey was keen to distinguish between the temporary, financial stability nature of the latest intervention and previous quantitative easing stimulus. HEAVY LOSSESInflation-linked gilts, typically held by pension funds and known in the market as linkers, suffered a massive sell-off on Monday as the end to the BoE's programme on Friday approached. Simeon Willis, chief investment officer of pension consultants XPS, said he had seen pension funds selling "across the board" to find liquidity.
London transport gets 500 mln stg funding facility
  + stars: | 2022-09-21 | by ( ) www.reuters.com   time to read: +1 min
Register now for FREE unlimited access to Reuters.com RegisterMayor of London Sadiq Khan (centre) travelling with passengers on a northbound Victoria line tube train during the launch of London's Night Tube August 20, 2016. REUTERS/Yui Mok/PA Wire/Pool/LONDON, Sept 21 (Reuters) - London city authorities will make 500 million pounds ($567 million) available for the British capital's transport network to cover gaps left by a government support package, Mayor Sadiq Khan's office said on Wednesday. The 500-million-pound facility will be financed by the taxpayer-funded Greater London Authority, with TfL having the option to tap funds until March 2024. Britain's government has stepped in with a number of funding packages for TfL since the start of the pandemic, when lockdowns caused a fall in passenger numbers, pressuring the transport network's finances. ($1 = 0.8821 pounds)Register now for FREE unlimited access to Reuters.com RegisterReporting by Muvija M; editing by Sachin Ravikumar and Catherine EvansOur Standards: The Thomson Reuters Trust Principles.
Share this -Link copiedThe full order of service for the funeral at Westminster Abbey The funeral service for Queen Elizabeth II is underway at Westminster Abbey. Police officers patrol outside Westminster Abbey in London on Monday, ahead of the state funeral service for Queen Elizabeth II. The coffin of Queen Elizabeth II leaves Westminster Hall for her funeral service in Westminster Abbey. Around 2,300 police officers will line the route from Westminster Abbey to Windsor Castle and 1,000 police officers will line the route from Westminster Abbey to Wellington Arch. Share this -Link copiedBuckingham Palace releases previously unseen portrait of queen Queen Elizabeth II, photographed at Windsor Castle in May 2022.
“Today I respectfully join leaders from Britain, Ireland & the international community at the funeral of Queen Elizabeth II as she is laid to rest,” O’Neill tweeted. “Passengers can use their tickets on Tube and bus services instead,” the Heathrow Airport announced ahead of the queen’s funeral. Around 2,300 police officers will line the route from Westminster Abbey to Windsor Castle and 1,000 police officers will line the route from Westminster Abbey to Wellington Arch. Share this -Link copiedBuckingham Palace releases previously unseen portrait of queen Queen Elizabeth II, photographed at Windsor Castle in May 2022. Ranald Mackechnie / PA This previously unseen photo of Queen Elizabeth II was released late Sunday by Buckingham Palace.
And Queen Elizabeth II will be laid to rest next to her husband, Prince Philip. ET) the last members of the public were allowed into Westminster Hall to see Elizabeth’s coffin lying-in-state. The hall, which was built more than 1,000 years ago, has now been closed in preparation for the grandest funeral in British living memory. Mourners gather along The Mall ahead of the state funeral of Queen Elizabeth II on Monday in London. From Westminster Hall, it will be taken in a procession to Westminster Abbey, just across Parliament Square, for the state funeral.
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