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Midweek NewsBack

BBC.co.uk

 

US election 2016 result: Trump beats Clinton to take White House pres trump

Donald Trump will become the 45th US president after a stunning victory over Democrat Hillary Clinton. The Republican nominee’s victory came down to a handful of key swing states, despite months of polling that favoured Mrs Clinton. The battlegrounds of Florida, Ohio and North Carolina cleared the way for his Brexit-style upset. Global markets plummeted, with the US dollar diving and gold prices surging.

 

 

Theresa May leads UK congratulations for Donald Trump 

Theresa May has led UK political congratulations for Donald Trump after his US election victory. The PM said Britain and US had an “enduring and special relationship” and would remain close partners on trade, security and defence. Mr Trump will become the 45th US president after upsetting the polls to secure a handful of key swing states. His victory was hailed by UKIP leader Nigel Farage, who said he would “hand over the mantle” following Brexit.

 

First-time phone-use drivers face points phone and driving

Drivers in England, Scotland and Wales caught using a mobile phone for the first time will automatically receive penalty points, under government plans. Previously, motorists in some police force areas could avoid points by taking a remedial driving course.

But ministers believe it is not a tough enough measure to deter people from using a hand-held phone while driving. They have also confirmed plans to raise fines for offences from £100 to £200 and penalty points from three to six. The scrapping of the driving course option is among several measures announced in a government response to a consultation on punishments for drivers caught using hand-held phones. The government first announced in September that it was going to increase fines and double penalty points.

 

UK manufacturing picks up in September, ONS figures show manufacturing

Manufacturing growth sped up in September, as UK factories continued to pick up from a sharp post-referendum drop, official figures show. Output from manufacturers rose by 0.6% last month, up from 0.2% in August and a 0.9% fall in July, according to the Office for National Statistics (ONS). Drug makers and factories carrying out repairs grew strongly, it said. However, total industrial production dropped by 0.4% in September after falls in the oil and gas sector.

 

Tesco Bank says attack cost it £2.5m and hit 9,000 people tesco bank

Tesco Bank says it has refunded £2.5m to 9,000 customers who had money taken in an attack on their accounts. The number given for the current account customers hit by the fraud is fewer than half of the 20,000 initially reported to have been affected. Personal data “was not compromised” in the attack, and all accounts affected had been refunded, the bank said. Tesco Bank has said it was hit by “a systematic, sophisticated attack” at the weekend.

 

Shock as India scraps 500 and 1,000 rupee bank notes

Indian Finance Minister Arun Jaitley says “honest people” have no need to worry about a decision to scrap 500 and 1,000 rupee notes. Mr Jaitley said the move would flush out tax evaders, adding that all old notes deposited in banks would be subjected to tax laws. The surprise move, announced on Tuesday evening, is part of a crackdown on corruption and illegal cash holdings.

The announcement was met with shock in India. On Tuesday there were long queues at ATMs as people tried to withdraw 100 rupee notes, which are still legal. Banks and ATM machines were shut on Wednesday. The most affected are likely to be small traders, vendors and labourers but newspapers were quick to point out that India’s wedding season, due to start in a few days, will also be hit hard.

 

 

The Financial Times

 

Brexit court ruling appeal date set for 5 December brexit in court

The government’s appeal against the High Court ruling that MPs must vote on triggering Brexit will be heard in the Supreme Court from 5 December. It will last four days, with the decision expected in the new year. Theresa May has said she is “clear” she expects to start talks on leaving the EU as planned by the end of March. Campaigners say MPs and peers have to scrutinise the government’s plans beforehand, but ministers say they can decide without this happening. The High Court ruled last Thursday that Parliament should have a say before the UK invokes Article 50 of the Lisbon Treaty – which triggers up to two years of formal EU withdrawal talks.

 

Oil demand might peak in just over a decade, says Opec opec

Opec has joined a chorus of energy industry voices saying that oil demand might peak within 15 years, as quicker adoption of alternative fuel cars and more aggressive climate targets look set to bring more than a century of rising consumption to a halt. The forecast is the first official recognition from the producers’ cartel that oil demand, the source of the majority of its 14 members’ revenues, may soon top out, despite predictions that the global vehicle fleet could almost double in 20 years as emerging economies develop. Though Opec is not the first to argue that oil demand might peak relatively soon, the forecast carries additional weight coming from a group that collectively pumps more than a third of world oil supplies.

 

RBS sets aside £400m to compensate small businesses rbs

Representatives of small businesses that claim they suffered at the hands of Royal Bank of Scotland’s post-crisis restructuring unit have rejected its offer to set aside £400m to compensate them for “failings” in the way it handled them. The Financial Conduct Authority welcomed Tuesday’s announcement from RBS and for the first time gave some initial findings from its long-awaited report into the bank’s now-defunct Global Restructuring Group unit. The UK financial watchdog cleared the bank of the most serious allegations against it — including that it put healthy businesses into GRG and it tried to profit from their distress. But it found several lapses in conduct by the restructuring unit, including poor communication, faulty processes and a “failure to support” small companies.

 

 

Reuters.com

 

BMW’s UK workers back strike action in consultative ballotbmw workers

British workers at BMW’s Mini and Rolls-Royce car plants have backed strike action in a consultative ballot over plans by the German automaker to close the firm’s final salary pensions, a union said on Tuesday. Over 4,000 employees who are members of the Unite union at five locations, including the Mini plant in Oxford and Rolls-Royce facility in Goodwood, were asked whether they wanted to take industrial action. Unite said turnout was 75 percent and 96 percent had voted in favour.

 

 

The Evening Standard

 

BBC’s Jeremy Vine to give evidence over ‘road rage’ row in Kensington 

BBC presenter Jeremy Vine will appear in the witness box at a trial of a driver who allegedly “threatened and abused” him in a road rage clash.  Shanique  Pearson, 22, was charged after Radio 2 and Crimewatch presenter Mr Vine, 51, passed a video of his cycle ride to work through Kensington on August 26 to the Metropolitan police. It showed a driver hurling abuse after claiming he was cycling dangerously.

 

 

The Daily Mail

 

Number of motorists caught speeding on Britain’s busiest roads leaps by 2,500% in 5 years after government introduces smart motorways smart motorway speed camera

The number of motorists caught speeding on smart motorway sections of some of the UK’s busiest roads have increased by 2500 per cent in five years, a new BBC report has found. The investigation found that 52,516 fixed penalty fines had been issued for exceeding the speed limit on eleven sections of smart motorway last year. That compared to just 2,023 on the same stretches of the M1, M25, M4, M42 and M6 between 2010 and 2011, before they were upgraded to feature variable speed limits and use of the hard shoulder during times of heavy congestion.

 

 

The Daily Mirror

 

How to find out about all the best Black Friday 2016 deals before anyone else black friday

This year, Black Friday will fall on Friday, November 25http://www.mirror.co.uk/news/uk-news/how-find-out-best-black-9223146

Posted by Paul Carpenter on 09/11/2016