London, England – Telegram, a behemoth in the social media landscape, is on track to hit a significant milestone: one billion active monthly users by year’s end, according to its billionaire founder, Pavel Durov. In an interview with American commentator Tucker Carlson on Tuesday, Mr. Durov declared, “Telegram is spreading like wildfire.” But what exactly is Telegram, and why the …
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Bank of England Governor Hints at Rate Cut Despite Inflation Dip
The Governor of the Bank of England, Andrew Bailey, has hinted that a rate cut is still on the cards for the UK, despite official figures showing a further dip in inflation. Just hours before the Office for National Statistics (ONS) released its report, Mr. Bailey spoke publicly. The ONS revealed a drop in the Consumer Prices Index (CPI) measure …
Read More »Royal Mail Buyout Bid Rejected, But Czech Billionaire Eyes Next Move
London, England – A potential shake-up for Royal Mail is afoot, with the company’s owner, International Distribution Services (IDS), rejecting a takeover bid from its biggest shareholder. However, the story doesn’t end there, as the plot thickens with the potential for a renewed offer. Czech billionaire Daniel Kretinsky, already holding a hefty 27.5% stake in IDS, made a cash offer …
Read More »Hundreds of Border Force Staff Threaten Heathrow Chaos with Strike Action
London, England – Brace yourselves, travellers! Hundreds of Border Force officers are gearing up to strike at Heathrow Airport later this month, threatening significant disruption for passengers. The Public and Commercial Services (PCS) union, representing the striking staff, cited changes to working conditions as the reason for the walkout. According to the PCS, over 300 of their members working at …
Read More »Bleak Outlook for UK Growth as IMF Downgrades Forecast
The UK economy is set for a sluggish year, with the International Monetary Fund (IMF) revising its growth forecast downwards. This news paints a grim picture for the British people, with the country predicted to be the second-worst performer among leading industrialized nations (G7) in 2024. The IMF now expects UK gross domestic product (GDP) to expand by a meagre …
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