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Government borrowing between April and October totalled 98.3 billion pounds ($122.49 billion), the Office for National Statistics (ONS) said on Tuesday. The data meant borrowing was running about 22 billion pounds higher than in the same period last year but almost 17 billion pounds less than the Office for Budget Responsibility (OBR) forecast in March, giving Hunt some fiscal room for manoeuvre. The ONS said that in October alone, public sector net borrowing, excluding state-owned banks, was 14.9 billion pounds last month. A Reuters poll of economists had pointed to public sector net borrowing, excluding state-owned banks, of 12 billion pounds in the month. The figure was also higher than the OBR's forecast for borrowing of 13.7 billion pounds in the month.
Persons: Jeremy Hunt, Laura Kuenssberg, Isabel Infantes, Hunt, Rishi Sunak, Sunak, Liz, Michal Stelmach, Stelmach, William Schomberg, Kate Holton, Jason Neely Organizations: BBC Broadcasting House, REUTERS, National Statistics, KPMG, Labour Party, ONS, Thomson Locations: London, Britain
By Buy Side StaffThe Buy Side staff shops for a living, which also means we spend an inordinate amount of time scrutinizing gift options. To help you shop for nice prices, we limited our list to our favorites that are on sale now for Black Friday. She asked for compression socks, so I’m buying her these pretty ones in blue chevron to help her with recovery. It would make a great gift for a college student, new grad or really anyone who could use a travel gear upgrade. It’s a great set to update your kitchen or give as a gift this holiday season.” —Emily Welsh, VP and general manager
Persons: We’ve, cocotte, Staub, , Astrid Stawiarz, Nick Guy, ” — Ian Salisbury, Cashmere hoodie, I’ve, Jessica Woodbury, PJs, ” — Emily Welsh, Charming, Madeline Diamond, ‘ Broom ’, I’ll, Samantha Sharf, Mario, , Cozy, she’s, ” — Leslie Yazel, it’s, Susan “, Susan, Anaya, There’s, we’ll, Philip Asquith, It’s, ” — Bellamy Richardson, Buddy, I’m, nutcrackers, ” — Aly J, they’re, Brittany Nguyen Organizations: Side, Black, Bluetooth, Apple, PlayStation, Mario Kart, New, Olive Oil, Amazon, Yale, Walmart Locations: Naadam, New York City, Los Angeles, Olive, Ojai , Calif, Europe, The
‘Your dinner must be enough to feed four people.’” “’You can cook as many dishes as you’d like, but it must include a main dish and a dessert.’” “All right, cool.” “I love Thanksgiving.” “I love Thanksgiving.” “Thanksgiving is a colonialist holiday that celebrates a genocide. Minus 3.” “Oh, oh, tamarind. O.K., O.K., O.K.” “Where’s the butter? So what I’m going to do is I’m actually going to start the butter and then put the chocolate in. Souffle vibes, O.K., I’m going to do the cranberries now.” [BACKGROUND CHATTER] “Hi.” “Hi camera.” “I’m doing like a layer.
Persons: “ I’ve, It’s, , , Darwin, Benjamin Franklin, He’s, Vaughn, , Eric, Priya, here’s, Norman Rockwell, Bhai, ” “, “ I’m, I’m, ” “ I’ve, I’ve, “ Daikon, that’d, Curry, you’ve, it’s, That’s, Turkey drumsticks, I’ll, madame, that’s, Christopher Nolan, Granny Smith, Honey Crisp, Ginger Gold, we’re, Rachael Ray, Boondi, Seth, We’ve, Olivia Rodrigo, ” “ What’s, doesn’t, you’re, matar, ” “ Eric, We’re, cilantro, ain’t, Rice, It’ll, Jennifer Coolidge, Owen Wilson, “ Owen Wilson, Vaughn Vreeland, we’ve, ” “ Aw, You’re, — ” Organizations: aha, Fuji, showtime, Brussels prepped, Mmm, cranberries Locations: Wegmans, Turkey, O.K, cassoulet, Brussels, , Here’s
[1/2] Former U.S. President and Republican presidential candidate Donald Trump gestures as he plays golf at Trump International Golf Links course, in Doonbeg, Ireland May 4, 2023. REUTERS/Damien Storan/File Photo Acquire Licensing RightsWASHINGTON, Nov 20 (Reuters) - Donald Trump's physician wrote in a note released on Monday that the former president is in "excellent heath" and that "he will continue to enjoy a healthy active lifestyle for many years." The physical and mental health of both men has become a major issue in the 2024 presidential race. "His physical exams were well within the normal range and his cognitive exams were exceptional," Aronwald wrote. A Trump physician, Harold Bornstein, who produced a similar note in 2016 said that Trump had dictated its contents.
Persons: Donald Trump, Damien Storan, Donald Trump's, Trump, Joe Biden's, Bruce Aronwald, Aronwald, Biden, Harold Bornstein, president's, Gram Slattery, Lisa Shumaker Organizations: U.S, Republican, Trump, REUTERS, Rights, Democratic, Thomson Locations: Doonbeg, Ireland, New Jersey, Atlanta, U.S, Georgia
The two Thanksgiving turkeys were due at the White House on Monday to play their part in what has become an annual holiday tradition: a president sparing them from becoming someone's dinner. President Joe Biden, the oldest president in U.S. history, also was celebrating his 81st birthday on Monday. Political Cartoons View All 1256 ImagesLykken introduced Liberty and Bell on Sunday at the Willard Intercontinental, a luxury hotel close to the White House. A little over 200 million turkeys will be eaten on Thanksgiving, Lykken said. Biden will eat his Thanksgiving turkey with family on Nantucket, a Massachusetts island, continuing a long family tradition.
Persons: Bell, , ” Steve Lykken, Jennie, Joe Biden, Jill Biden, ” Lykken, , “ gobble, gobble, hoopla, Taylor Swift, Harry Truman, George H.W, Bush, he’s, , Biden, Lykken, Dwight D, Eisenhower, Gerald R, Ford, Markus Platzer, Willard, ” Platzer Organizations: WASHINGTON, , White, National Turkey Federation, Associated Press, Bell, Willard, Liberty, University of Minnesota's College of Food, Natural Resources Sciences, Norfolk Naval Locations: — Liberty, Turkey, Washington, Fleetwood , North Carolina, Liberty, U.S, Minnesota, Willmar , Minnesota, Nantucket, Massachusetts, Virginia
CNN —There are lots of electric scooters available today in a huge range of styles and prices. Honda’s original micro-bikeThe real inspiration was the Honda Motocompo, a tiny motorcycle Honda offered for a few years in the early 1980s. Peter Valdes-Dapena trying Honda's new electric scooter, the Honda Motocompacto. Its memory inspired someone in Honda’s California design studio –- someone Honda won’t name because he’s left the company –- to sketch out a modern version. Also giving you confidence will be the seriously sturdy latches locking the seat, handle bars and wheels in place before you start riding.
Persons: Honda, Peter Valdes, he’s Organizations: CNN, Honda Locations: United States, Honda’s California, footpegs
And President Biden, who turned 81 on the same day he spared a pair of birds, wanted to get one thing straight. “I was too young to make it,” Mr. Biden said as he saved the lives of Liberty and Bell, each weighing in at 42 pounds and change. As Liberty — or maybe it was Bell — bobbed his head and flapped on a table, the president proclaimed: “I hereby pardon Liberty and Bell. Congratulations, birds. Congratulations.”
Persons: Biden, Mr, , ” Mr, Liberty —, Bell —, Liberty, Bell, Organizations: White, Liberty, Bell Locations: American
Mendy sues Man City over unpaid wages after rape charges
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +1 min
Mendy was found not guilty of one count of rape and one of attempted rape by a British court in July after being acquitted of six counts of rape and one count of sexual assault in January following allegations made by multiple women. Mendy's lawyer Nick De Marco confirmed he was acting for Mendy in a "multi-million pound claim for unauthorised deductions from wages" in an emailed statement to Reuters. "Manchester City FC failed to pay Mr Mendy any wages at all from September 2021, following Mr Mendy being charged with various offences all of which he was subsequently acquitted of, until the end of his contract in June 2023," the statement added. Mendy, currently at Ligue 1 side Lorient, joined City from AS Monaco in 2017 for a fee of around 52 million pounds ($64.80 million). ($1 = 0.8025 pounds)Reporting by Anita Kobylinska in Gdansk and Sam Tobin in London; additional reporting by Lori Ewing; Editing by Christian RadnedgeOur Standards: The Thomson Reuters Trust Principles.
Persons: Benjamin Mendy, Phil Noble, Mendy, Nick De Marco, Mr Mendy, Anita Kobylinska, Sam Tobin, Lori Ewing, Christian Radnedge Organizations: Chester Crown Court, REUTERS, Manchester City, Premier League club, France, Mendy, Reuters, Manchester City FC, Ligue, Lorient, City, AS Monaco, Thomson Locations: Chester, Britain, Mendy, Gdansk, London
Biden turned 81 on Monday. And he confused Britney Spears for Taylor Swift. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementOn Monday, President Joe Biden turned 81. He was, of course, trying to make a reference to Taylor Swift and her ongoing Eras tour, which is currently making its way through South America.
Persons: Biden, Britney Spears, Taylor Swift, , Joe Biden, I'm, Liberty, Bell, She's, Swift, Britney, Chateau, Joe Organizations: Service, Liberty, Bell, CNN, Washington DC, Renaissance Locations: Washington, Brazil, South America, West Hollywood
But tax rises will be very hard to avoid for whichever party forms the next government, says James Smith, a former Bank of England economist who is research director at the Resolution Foundation, which focuses on issues affecting low and middle earners. For earlier governments, the main way to increase tax levels has been to raise the rate of national insurance - a payroll tax paid by employers and employees - and, in the Conservatives' case, higher value-added tax. Annual GDP growth averaged 2.0% from 2010-2019, compared with 3.0% from 1997-2007. Asked on Sunday about widespread reports of looming tax cuts, Hunt told Sky News: "Everything is on the table ... Higher-than-expected inflation has boosted tax revenue and overall GDP in cash terms, giving more leeway against fiscal targets as most public services' spending budgets are fixed.
Persons: Susannah Ireland, Jeremy Hunt, Rishi Sunak's, James Smith, Smith, Britain's, It's, Carl Emmerson, Hunt, Foundation's Smith, David Milliken, Mike Harrison Organizations: REUTERS, Labour Party, Bank of England, Organisation for Economic Co, Development, Britain, Conservatives, Fiscal Studies, Foundation, Reuters, Monetary Fund, Institute for Government, Sky News, British, Reuters Graphics, Thomson Locations: City, London, Britain, Ukraine
An Abu Dhabi-backed investment fund said Monday it has paved the way to take ownership of Britain's Telegraph newspaper and The Spectator magazine after striking a deal with the publications' previous owners to repay debts owed by them. The Barclay family owned the right-leaning newspaper and magazine nefore they were put into receivership. Various media firms have been reported to be interested in taking over the publications, including German publisher Axel Springer and the Daily Mail's publisher. The fund said the deal includes an option to turn the loans into equity which would give it ownership control of the newspaper and magazine. Lenders for the Barclay family would need to agree to the deal, which is expected to attract a high level of political scrutiny.
Persons: Abu, Jeff Zucker, Media Investments —, Britain's Barclay, Barclay, Axel Springer Organizations: Britain's Telegraph, The Spectator, IMI, RedBird, CNN, Abu Dhabi's, Media Investments, Lloyds Bank, Ritz Hotel, Daily, International Media Investments Locations: Abu Dhabi, German
A UN Security Council resolution passed in the days after the 2015 Iran nuclear deal has expired. That could lead Russia to seek ballistic missiles from Iran as it steps up its attacks on Ukraine. UN Security Council Resolution 2231 was passed in July 2015, days after the US and Iran agreed on the Iran nuclear deal. Russia continues to produce its own missiles and drones, but its constant attacks on Ukraine have strained its supplies. Iran's Zolfaghar Basir, top, and Dezful short- and medium-range ballistic missiles in Tehran in January 2022.
Persons: , Morteza, Iran's Zolfaghar, Anton Mardasov, Mardasov, Rosoboronexport, Farzin, Moscow hasn't, Nadimi, Paul Iddon Organizations: UN Security, Service, UN, EU, Missile Technology Control, Iran's, Washington, UN Security Council, Moscow, Iranian, Business, Mardasov, Iranian Army, Anadolu Agency, Getty Images, Washington Institute for Near East Locations: Iran, Russia, Ukraine, Moscow, France, Germany, China, Tehran, Shahed, Russian, East, Syria, Israel, Arab, Iranian, Getty Images Russia
LSEG names Publicis finance chief Michel-Alain Proch as CFO
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: 1 min
Signage for the London Stock Exchange Group is seen outside of offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo Acquire Licensing RightsNov 20 (Reuters) - The London Stock Exchange Group (LSEG.L) on Monday named Michel-Alain Proch as its new finance chief, starting March 1, 2024. Proch, who currently serves as group CFO of advertising group Publicis <PUBP.PA>, takes on the role from Anna Manz, who stepped down in May. Last week, LSEG, which owns London's 300-year old stock exchange, raised its mid-term growth guidance to "mid-to-high single" digits and said it would return a billion pounds to shareholders in 2024 as it looks beyond the integration of data and analytics company Refinitiv. Reporting by Eva Mathews in Bengaluru; Editing by Sonia CheemaOur Standards: The Thomson Reuters Trust Principles.
Persons: Toby Melville, Michel, Alain Proch, Proch, Anna Manz, Eva Mathews, Sonia Cheema Organizations: London Stock Exchange, REUTERS, Thomson Locations: Canary Wharf, London, Britain, Bengaluru
[1/6] British Prime Minister Rishi Sunak speaks during the opening session of the Global Food Security Summit at Lancaster House in London, Britian November 20, 2023. Dan Kitwood/Pool via REUTERS Acquire Licensing RightsLONDON, Nov 20 (Reuters) - British Prime Minister Rishi Sunak will announce a new science initiative to bring together work on developing climate-resilient crops as his government hosts a Global Food Security Summit in London on Monday. The summit, a joint initiative between Britain, Somalia, the UAE, the Children’s Investment Fund Foundation and the Bill and Melinda Gates Foundation, is due to be attended by representatives from more than 20 countries. "We must take action to address the underlying, and often unseen, causes of global food insecurity," Sunak said. ($1 = 0.8025 pounds)Reporting by Kylie MacLellan; Editing by David HolmesOur Standards: The Thomson Reuters Trust Principles.
Persons: Rishi Sunak, Dan Kitwood, Melinda Gates, Sunak, Kylie MacLellan, David Holmes Organizations: British, Global Food Security, Lancaster House, Britian, REUTERS Acquire, Food Security, Children’s Investment Fund Foundation, Melinda Gates Foundation, Thomson Locations: London, Britain, Somalia, UAE, Ukraine, British, Ethiopia, Sudan, South Sudan, Afghanistan, Malawi
Under pressure from within his traditionally low-tax Conservative Party, Sunak said his government needed to prioritise lowering the tax burden but stressed he would not repeat the unfunded tax cut plan that his predecessor Liz Truss announced last year, triggering turmoil in bond markets. Sunak said the government would cut taxes over time and would not do anything that added to inflation. "You can trust me when I say we can responsibly start to cut taxes," he said. Conservative lawmakers have long called on Sunak to cut taxes to help reduce the gap in the opinion polls with the opposition Labour Party before an election expected next year. Blowing tens of billions of pounds on unfunded spending is just as dangerous as blowing tens of billions of pounds on unfunded tax cuts," he said.
Persons: Rishi Sunak, Jeremy Hunt, Sunak, Liz Truss, Hunt, Sarah Young, Alistair Smout, William Schomberg, Kylie MacLellan, Kate Holton, Christina Fincher Organizations: British, Conservative Party, Data, Conservative, Labour Party, Thomson Locations: Rwanda
Trump posted a doctor's note on Truth Social saying he's in "excellent" overall health. The note said Trump lost weight by dieting and exercising and praised his cognitive exam results. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementDonald Trump on Monday posted a doctor's note on Truth Social praising his recent weight loss and declaring the former president to be in "excellent" overall health. The note goes on to add that Trump has lost weight through an "improved diet" and "continued daily physical activity."
Persons: Trump, , Donald Trump, Bruce Aronwald, Aronwald Organizations: Service, Osteopathic Medicine, Forbes, Jail, Business Locations: New Jersey, Fulton, New York
King Charles greeted President Yoon Suk Yeol with a royal guard of honour following his arrival in London, and then rode with him by carriage to Buckingham Palace. He will hold talks with British Prime Minister Rishi Sunak on Wednesday, and sign an accord on closer diplomatic ties. Under the accord, the countries will agree to work closely on areas such as semiconductors - of which South Korea is an important producer - and artificial intelligence. [1/4]Members of the Royal Air Force (RAF) welcome South Korean President Yoon Suk Yeol and his wife Kim Keon Hee, as they arrive at Stansted Airport, near London, Britain, November 20, 2023. "REFRESHED, MODERNISED DEAL"Under Yoon, South Korea has focused on strengthening economic, political, and military ties with the U.S. while seeking to maintain trade with China and working to overcome historical disputes with Japan.
Persons: Yoon, King Charles Yoon, King Charles, Yoon Suk, Rishi Sunak, Sunak, Yoon Suk Yeol, Kim Keon Hee, Toby Melville, David Beckham, Son Heung Min, Kemi Badenoch, Alistair Smout, Kylie MacLellan, Sarah Young, Josh Smith, Alistair Bell, Stephen Coates, Timothy Heritage, David Gregorio Our Organizations: LONDON, British, Accord, Trade, Downing, North, Royal Air Force, South, Stansted Airport, REUTERS, Trans, Pacific Partnership, European Union, Thomson Locations: Britain, Korea, London, Buckingham, United Kingdom, Downing, South Korea, North Korea, U.S, China, Japan, Seoul
Caterer Compass forecasts strong growth in 2024
  + stars: | 2023-11-20 | by ( ) www.reuters.com   time to read: +1 min
REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsNov 20 (Reuters) - Catering group Compass Group (CPG.L) expects 2024 underlying operating profit to grow about 13%, aided by strong demand leading to high single-digit organic revenue growth and stronger margins, it said on Monday. Compass, the world's largest catering group, said adjusted operating profit rose nearly 30% to 2.12 billion pounds ($2.64 billion) for the year ended Sept. 30, in line with market expectations. "Going forward, we expect to sustain mid to high single digit organic revenue growth and ongoing margin progression leading to profit growth ahead of revenue growth and increased cash generation," CEO Dominic Blakemore said in a statement. Annual underlying revenue grew 18.8% to 31.3 billion pounds, registering growth across its markets. In financial year 2023, it signed 2.7 billion pounds of new business, with first-time outsourcing accounting for about 50%.
Persons: Dado Ruvic, Dominic Blakemore, Compass, Hofmann, Yadarisa, Rashmi Organizations: REUTERS, Compass, Manufaktur GmbH, Thomson Locations: Argentina, Angola, Bengaluru
LOS ANGELES (AP) — State investigators repeatedly identified fire and safety hazards at a leased storage space under an elevated Los Angeles freeway before it burned in an arson fire, documents show. Gavin Newsom said the state will reassess the practice of leasing land under roads to bring in money for mass transportation projects. Political Cartoons View All 1256 ImagesApex Development Inc. has leased the land under I-10 since 2008. In September, state officials filed a lawsuit against Apex saying it owes $78,000 in unpaid rent. Caltrans had “informed Apex Development of the need to address violations, especially those creating safety hazards,” the agency said in a statement.
Persons: , Gavin Newsom, Kamala Harris, Newsom, Karen Bass, Daryl Myatt, Mainak, ” D’Attaray, Marshall, Izzy Gordon, ” Brandon Richards, Richards Organizations: ANGELES, , The California Department of Transportation, Caltrans, Authorities, Gov, Apex Development Inc, Apex, Apex Development, “ Apex, CalTrans, California’s, California Department of Forestry, Cal Fire, Caltrans “, State Fire Locations: Angeles, Los Angeles, Apex, California
LONDON (Reuters) - British Prime Minister Rishi Sunak will announce a new science initiative to bring together work on developing climate-resilient crops as his government hosts a Global Food Security Summit in London on Monday. The summit, a joint initiative between Britain, Somalia, the UAE, the Children’s Investment Fund Foundation and the Bill and Melinda Gates Foundation, is due to be attended by representatives from more than 20 countries. "We must take action to address the underlying, and often unseen, causes of global food insecurity," Sunak said. Priorities will include mobilising international finance and harnessing innovation, Britain's Foreign Office said. ($1 = 0.8025 pounds)(Reporting by Kylie MacLellan; Editing by David Holmes)
Persons: Rishi Sunak, Melinda Gates, Sunak, Kylie MacLellan, David Holmes Organizations: British, Food Security, Children’s Investment Fund Foundation, Melinda Gates Foundation Locations: London, Britain, Somalia, UAE, Ukraine, British, Ethiopia, Sudan, South Sudan, Afghanistan, Malawi
“Rustin,” a biopic that depicts how Rustin navigated a gantlet of personal and political hurdles to pull off the March on Washington, debuts on Netflix today. Rustin was the “glue guy” leader for the civil rights movement. Colman Domingo, center, as Bayard Rustin in "Rustin," which premiered Nov. 17 on Netflix after a brief run in theaters. Colman Domingo as Bayard Rustin exhorts young civil rights volunteers in a scene from "Rustin." Some of that patriotism may seem naïve now, but it furnished the civil rights movement with tremendous vitality.
Persons: Bayard Rustin, Clark, Rustin, Martin Luther, , Puddington, “ He’d, ” Puddington, “ Rustin, , Michelle Obama’s, “ Bayard Rustin, Michael G, George C, Wolfe, Colman Domingo, Martin Luther King Jr, ” Rustin, it’s, Malcolm X, Elijah Muhammad, Malcolm, Philip Randolph, Glynn Turman, Randolph, King, King —, Gandhi, ” Bayard Rustin, Donaldson, Michael Ochs, King he’s, Black, Omar Bradley, Parrish Lewis, Netflix Rustin, Ella Baker, Ying, Yang, Martin, Rebecca Solnit, “ Hope, ” Solnit, Bayard Rustin exhorts, David Lee, President’s, Obama’s, “ Bayard, Martin Luther King's, American Gandhi, Mr, Cathy Young, ” John Blake Organizations: CNN, Washington, Netflix, Rustin, Lincoln Memorial, Denver Post, of Prisons, Michael Ochs Archives, Getty, NBA, , Society, Freedom, Quaker Locations: Washington, Inside Ashland, , Islam, Vietnam, India, Pennsylvania's Lewisburg, American, America, Europe, New York City
What he saved he delivered to his only Jimmy Red customer two hours down the road in Charleston. “Not only was I counting on it, but High Wire Distilling was absolutely counting on it,” explained Coxe. A local moonshiner – and the last known grower of Jimmy Red corn – had just died, and the family no longer wanted to grow corn for whiskey distilling. Campbell Coxe harvests 50 acres of Jimmy Red corn on his Darlington, South Carolina, farm in September. This year, the distiller used 1.1 million pounds of Jimmy Red corn in its bourbon whiskey production.
Persons: Campbell, Coxe, , Red, moonshiners, Jimmy Red, , sobered, , Jimmy Red’s, Florence, Ted Chewning, Chewning, Campbell Coxe, Peter Frank Edwards, Brian Ward, it’s, Ward, ” Ward, Carolina Gold Rice, Ann Marshall, Scott Blackwell, Marshall, It’s, We’re Organizations: CNN, Hurricane, High, Clemson University, Carolina, Jimmy Locations: Hurricane Florence, Darlington County , South Carolina, Charleston, Florence, Colleton, Darlington, South Carolina, Island , South Carolina, Mississippi, Gulf of Mexico, Charleston , South Carolina
Explainer: What’s behind the scramble for semaglutide?
  + stars: | 2023-11-18 | by ( Maggie Fick | ) www.reuters.com   time to read: +3 min
Semaglutide, developed by Novo Nordisk (NOVOb.CO) over decades, is the active ingredient in type 2 diabetes treatments Ozempic and Rybelsus, as well as Wegovy, which is used for weight loss only. Semaglutide in injected form was first approved for use in the U.S. as a treatment for type 2 diabetes in 2017. Booming demand for both drugs has propelled Novo Nordisk to its highest-ever profits. People taking part in clinical trials for drugs based on semaglutide may also continue to take it. The curbs will be in force until August 2024, but may end sooner if supplies improve, a spokesperson for the health ministry said.
Persons: Maggie Fick, Marine Strauss, Charlotte Van Campenhout, Josephine Mason, Sara Ledwith Organizations: Novo Nordisk, World Health Organization, International Diabetes Foundation, Supply, BMI, Thomson Locations: Britain, Germany, Belgium, United States, U.S, Denmark, Brussels
NHS diabetes patients – including Gradwell, who went for weeks without full medication – pay nothing for their medication. The shortage persists even after Ozempic's manufacturer Novo Nordisk (NOVOb.CO) launched Wegovy, a semaglutide drug solely for weight loss, in September. Rightangled told Reuters it is within its rights to continue to prescribe Ozempic for weight loss. Two had stopped offering it for weight loss by October, but Rightangled continued to make it available as of Nov. 17, Reuters found. He said his oncologist said that while he could not prescribe Ozempic, it would be good for his health if he took it for weight loss.
Persons: Kim Gradwell, , John, it's, Rightangled, Gradwell, Penny Ward, I've, Abdullah Sabyah, Ward, Juniper, Ben, Doctors, Novo, Ozempic, semaglutide, prescribers, Rightangled's Sabyah, Tyne wasn't, Gradwell's, Yaasir Mamoojee, We've, Maggie Fick, Marine Strauss, Charlotte Van Campenhout, Chad Terhune, Sara Ledwith, Josephine Mason Organizations: Diabetes, National Health Service, Novo Nordisk, King's College, Department of Health, Social Care, John, Reuters, Oxford University ., NHS, Alliance Healthcare, Alliance, Diabetes UK, NICE, semaglutide, Oxford University, General Pharmaceutical Council, Tyne, Thomson Locations: Dudley , North Tyneside, Britain, Novo, United States, London, U.S, England, Europe, Ozempic, Newcastle, Brussels, Los Angeles
LONDON (AP) — U.K. Treasury chief Jeremy Hunt says the government can afford to lower some taxes now that inflation is falling, but that any cuts will come along with a squeeze on welfare benefits. British media have reported that there will be relief for businesses and wealthy property-owners in Hunt’s autumn budget statement on Wednesday. But he cautioned to broadcasters on Saturday that “there’s no easy way to reduce the tax burden. The most likely tax cuts are a reduction in corporation tax and slashing inheritance tax, a move that would help the wealthy. Only about 4% of estates have to pay inheritance tax.
Persons: Jeremy Hunt, Hunt, , ” Hunt, Rishi Sunak’s, Liz Truss, Ken Clarke, “ I’m, Organizations: Treasury, Saturday's Daily Telegraph, Conservative, Rishi Sunak’s Conservative, Bank of England’s, Labour Party, Conservative Treasury Locations: Ukraine
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