Top World News

India, Sweden Upgrade Bilateral Ties To 'Strategic Partnership'

India and Sweden on Sunday agreed to elevate the bilateral relationship to a Strategic Partnership, as Prime Minister Narendra Modi held talks with his Swedish counterpart Ulf Kristersson, focusing on trade, technology, defence, and other key sectors

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UK firms halt investments and hiring as Iran war pushes up costs, bosses warn

Survey shows businesses ‘struggling to absorb latest economic shock’, while data says April vacancies down 7.7%The worsening fallout from the Iran war is forcing businesses to halt their UK investment and hiring plans, bosses have warned, as Britain enters a renewed period of political and economic instability.More than two months into the US-Israeli war on Iran, leading surveys of UK employers showed companies were increasingly prioritising cost management over growth as rising costs and global uncertainty weigh on confidence. Continue reading...

Campaigners threaten legal action over UK-US deal on prices NHS pays for drugs

Two campaign groups claim that change to how NHS treatments are approved amounts to ‘unlawful power grab’Campaigners against the UK’s controversial drug pricing deal with Donald Trump are threatening the government with legal action unless it scraps a key element of the plan.They claim that a change to how drug treatments are approved for use by the NHS, which could lead to it paying even higher prices for them, amounts to an “unlawful power grab”. Continue reading...

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Government-backed Pensions Commission calls for action on gender savings gap

Body says, on average, British women approaching retirement have half private pension savings of men – £81,000 versus £156,000A shake-up of pensions in Britain must involve measures to close the gap in retirement savings between men and women, the revived Pensions Commission is to tell ministers.According to the government-backed body, women approaching retirement have on average half the private pension savings of men, with a median pension wealth of £81,000 versus £156,000. Continue reading...

David Lammy promises 25% cut in number of children jailed while they await trial

Justice secretary’s white paper will overhaul youth justice rules and could end lifelong criminal records for under-18sDavid Lammy has promised to cut the number of children kept in jail while they await trial by a quarter as part of an overhaul of youth justice rules that could also end lifelong criminal records for under-18s.The justice secretary is publishing a white paper on Monday that he says will reduce the number of children ending up in jail – something he admits was his greatest fear growing up in Tottenham in the 1980s. Continue reading...