launches

Nicolle Wallace launches ‘The Best People’ podcast for MSNBC as spinoff looms

MSNBC’s Nicolle Wallace has delivered some sharp criticism of President Trump since she became a host on the progressive-leaning cable news network in 2017.

So it’s surprising that her new podcast shares its name with one of Trump’s regular boasts about his team: “The Best People.”

“I thought he had abandoned it,” Wallace, 53, told The Times. “But I actually think ‘the best people’ was one of his best messages in 2016.”

“He abandoned it officially when he picked Matt Gaetz,” she added, referring to Trump’s first choice for attorney general.

Each week on “The Best People,” starting Monday, Wallace will have lengthy conversations with actors, musicians, thought leaders and other figures outside of politics. The guest on the first episode is actor and fellow podcaster Jason Bateman, followed by Sarah Jessica Parker, music producer Jimmy Jam, folk singer Joan Baez and Milwaukee Bucks coach Doc Rivers in coming weeks.

The jump into podcasting comes as the network looks for more ways to reach the growing number of consumers who are no longer watching cable TV.

The network says its existing audio podcasts, which include series from hosts Rachel Maddow, Chris Hayes and Jen Psaki, will top 10 million downloads in May.

“Our goal is to meet our audience where they are and to bring the talent of our hosts and anchors to them in those spaces,” said Madeleine Haeringer, MSNBC’s senior vice president of digital, audio and longform. “It’s not a one-size-fits-all formula — but instead, tailoring each project to both the host and the platform.”

Wallace said she was ready to expand her role at MSNBC before the corporate changes. Podcasting appealed to her because, as a working mom, she knows many women aren’t available to watch her daily program in the afternoon.

Her branching out into less overtly political territory is somewhat unexpected.

The former Bush White House communications director’s tenure on the ABC talk show “The View” was brief, partly due to her lack of pop culture expertise.

That’s not a concern this time around, she said. The guests she solicited for “The Best People” are coming to the table to discuss their own advocacy issues apart from the kind of instant political analysis presented on her MSNBC program “Deadline: White House.”

Wallace connected with Jimmy Jam when they discussed creating a “We Are the World” type of musical production to aid Ukraine. She knew Rivers through his social justice activism (as coach of the Los Angeles Clippers, he had to guide the players through the scandal over former owner Donald Sterling’s racist comments) and Parker for her devotion to literacy programs.

The podcast format allows them to open up in a way that doesn’t always happen on live TV.

“For some reason, people sitting in front of their computer screens on the Zoom are even more candid and forthcoming about how they feel,” Wallace said.

Wallace is wading into digital media at a time when MSNBC is in transition. The channel, along with other NBCUniversal cable outlets, is being spun off from current owner Comcast into a new company called Versant.

Comcast is getting out of the cable channel business, with the exception of its potent reality brand Bravo, out of concern about the steady decline of the pay TV audience. Over the last 10 years, cord-cutting has reduced the number of cable homes MSNBC reaches by 33%.

MSNBC also saw a mass exodus of viewers just after the presidential election, as its loyal left-leaning audience tuned out after Trump’s victory.

The ratings have gradually climbed back up, with MSNBC maintaining its second place position behind perennial cable leader Fox News but well ahead of third place CNN. In May, the network was up 24% from the lows it hit in November and December, but is still down 35% compared to the presidential campaign-elevated levels of a year ago, according to Nielsen.

But leadership at Versant has it made clear that MSNBC will continue to cater to a politically progressive audience.

Wallace believes the commitment to the network’s point of view has only deepened under new management. “It’s a culture that really rewards deep wonky coverage of politics,” she said. “[MSNBC President] Rebecca Kutler has come in and tripled down on all of that.”

The spinoff requires separating MSNBC from NBC News, where some journalists were uneasy with the intensity of partisan commentary on the cable network. Versant is hiring its own newsgathering team — as many as 100 journalists — including justice and intelligence correspondent Ken Dilanian, who is moving over from NBC.

“To work for someone who is hiring reporters at a time when we’re looking at an administration that seems a little meh about the Constitution is pretty forward leaning,” Wallace said.

She was inspired to try something new by the extracurricular activities of her husband, the New York Times’ Pulitzer Prize-winning reporter Michael S. Schmidt, who co-created the Netflix thriller series “Zero Day” with former NBC News President Noah Oppenheim.

“Michael enjoyed it so much it gave me the idea to add something that is a little outside my comfort zone,” Wallace said.

Wallace met Schmidt, 41, at MSNBC, where he is a contributor. They married in 2022 and a year later had their first child via surrogate. Wallace also has a 13-year-old son, Liam, from her first marriage.

While Wallace and Schmidt have a business-like dynamic when they appear together on the program, family matters creep in off-camera.

“When we are both on set, my son is texting us about dinner,” Wallace said. “During the breaks, we’re never talking about the rule of law. We’re talking about logistics.”

Source link

China launches landmark mission to retrieve pristine asteroid samples | Space News

Chinese state media says the mission aims ‘to shed light on the formation and evolution of asteroids’ and the Earth.

China has successfully launched a spacecraft as part of its first-ever mission to retrieve pristine asteroid samples, in what researchers have described as a “significant step” in Beijing’s ambitions for interplanetary exploration.

China’s Long March 3B rocket lifted off at about 1.31am local time (18:30 GMT) on Thursday from the Xichang Satellite Launch Centre in southwest China’s Sichuan province. It was carrying the Tianwen-2 spacecraft, a robotic probe that could make China the third nation to fetch pristine asteroid rocks.

Announcing the launch, Chinese state-run news outlets said the “spacecraft unfolded its solar panels smoothly”, and that the China National Space Administration (CNSA) had “declared the launch a success”.

Over the next year, Tianwen-2 will approach a small near-Earth asteroid some 10 million miles (16 million km) away, named “469219 Kamoʻoalewa”, also known as 2016HO3.

The spacecraft is scheduled to arrive at the asteroid, which researchers believe is potentially a fragment of the Moon, in July 2026. It will then shoot the capsule with rock samples back to Earth for a landing in November 2027.

If successful, China would become only the third country to carry out such a mission after Japan first fetched samples from a small asteroid in 2010, followed by the United States in 2020.

The People’s Daily state-run newspaper described the mission’s purpose as an “endeavour to shed light on the formation and evolution of asteroids and the early solar system”.

The newspaper quoted Shan Zhongde, the head of the CNSA, as saying that the mission represented a “significant step in China’s new journey of interplanetary exploration”. He added that the mission was expected to yield “groundbreaking discoveries and expanding humanity’s knowledge of the cosmos”.

The mission has multiple goals over the “decade-long expedition”, according to Chinese state media, including “collecting samples from near-Earth asteroid 2016HO3” and “exploring the main-belt comet 311P”.

It will also aim to measure the “physical parameters of the two celestial targets”, including their “orbital dynamics, rotation, size, shape and thermal properties”.

The samples will be used to determine the “physical properties, chemical and mineral composition and structural characteristics” of asteroids, according to researchers working on the project.

As a quasi-satellite of Earth that has orbited the Sun in a synchronised path with the Earth for nearly a century, 2016HO3 has a diameter of between 120 feet (40 metres) and 300 feet (100 metres).

China has swiftly expanded its space programmes and embarked on several landmark missions in recent years, including landing robots on the far side of the Moon and collecting humankind’s first-ever samples from the area in June last year.

China is also running its own Tiangong space station in orbit – the only operational space station other than the International Space Station (ISS) – after the US barred it from participating in the ISS.

In April, three crew members landed back in the country’s north after spending six months on board Tiangong in what was the longest-ever mission in space by Chinese astronauts.

Beijing has also invested heavily in planned crewed missions to the Moon that would see Chinese astronauts on the lunar surface by 2030.

The US has also stated its aim to put astronauts back on the Moon for the first time since 1972, with NASA planning to launch its Artemis 3 mission in 2026 at the earliest.

Source link

Beloved jewellery shop launches huge ‘everything must go sale’ ahead of shutting its doors in DAYS

A MUCH-LOVED jewellers is set to close its doors for good after more than 20 years on the high street.

The jewellery shop has launched an ‘everything must go’ sale, ahead of its closure.

Closing Down All Stock Reduced Sign

2

Whittakers Jewellers is closing its branch in Yarm
Whittakers Jewellers , , https://www.facebook.com/reel/1403435153987282?locale=en_GB

2

Shoppers will be able to land massive deals in its closing sale

Whittakers Jewellers, which has been a staple of Yarm High Street for 21 years, has confirmed its final day of trading will be Saturday, May 31.

The long-running store first announced its closure back in November, sparking sadness among loyal locals.

Since then, big bold signs have filled the shop windows, shouting about the store’s closing down sale with jewellery fans flocking in for a final bargain.

But now, with the countdown officially on, fresh signs have gone up confirming its last day is just days away.

The store have slashed jewellery prices from as much as 70% off.

The store posted one hot deal to its Facebook, where a diamond ring was slashed from £7,350 to £2,190.

The deal meant shoppers would save a massive £5,000.

The family-run store has thanked customers for their loyalty over the years in a heartfelt Facebook message.

It said: “We are sad we are leaving but we have treasured the 21 years we’ve been here on the High Street.

“We think of our customers as family and friends… we will miss you all.”

Whittakers have built up a massively loyal customer base and is located between the Lucy Pittaway art store and The Keys pub.

Four members of the Evans family have run the business since March 2004.

Bosses of the jewellers told Teesside Live they had expanded over the years – and even opened the first Pandora shop in the country.

But they added they always looked to maintain a “genuine, homey feel”.

Fans of the jewellers say it will leave a huge hole in the town, with one heartbroken shopper writing: “It’ll be such a big loss to the high street and to me.

“I’ve had the pleasure of purchasing so many lovely items over the years”

Another added: “Big loss to Yarm High Street.”

While a third said: “Thank you for your beautiful jewellery and fabulous staff. You will all be greatly missed”

Popular retailer to RETURN 13 years after collapsing into administration and shutting 236 stores

It’s not the only jewellery giant feeling the pinch.

G Hewitt & Son, a 154-year-old jewellers, and one of the UK’s first Rolex retailers, launched a once-in-a-lifetime closing down sale last month.

The shop told followers on Facebook: “Everything must go – don’t miss out on huge savings.”

Meanwhile, The Watches of Switzerland Group – based in Leicestershire – has confirmed it will close 16 showrooms across the country and that 40 people were expected to leave the business.

Similarly, Terence Lett Jewellers, located on the high street in Witney, Oxfordshire, has announced its decision to shut up shop.

And loyal customers of Jane Allen Jewellers in Merthyr Tydfil, Wales were left distraught to hear the update and have been mourning the imminent loss.

With more and more historic jewellers disappearing from high streets, Whittakers’ final goodbye will be bittersweet for shoppers in Yarm.

Locals now have just days left to bag a bargain and say farewell to one of the town’s best-loved shops.

RETAIL SECTOR STRUGGLES

Its not just jewellery stores that are suffering to stay open.

The retail industry has faced multiple closures this year, with ocncerns over the British high streets becoming ‘ghost towns’.

It’s worth bearing in mind, larger retail chains often open and close branches based on customer demand and sales.

Sometimes a single store might shut because a lease is ending and the chain has decided it is better to direct cash into other shops or opening new ones.

However, the retail sector more broadly has struggled since the 2008 financial crash.

The Centre for Retail Research has said the industry has been going through a “permacrisis” during this period.

There are a number of reasons the sector is struggling, one being the rise of online shopping.

This has seen footfall to high street stores fall seeing large swathes of branches close across the UK.

Challenging economic conditions in recent years, including soaring inflation, have dented shoppers’ wallets and purses too.

While some bigger retailers have struggled to stay afloat, including Wilko, in recent years independent shops have suffered the most.

The Centre for Retail Research said more than 13,000 high street shops closed in 2024, with over 11,000 of these independents.

RETAIL PAIN IN 2025

The British Retail Consortium has predicted that the Treasury’s hike to employer NICs will cost the retail sector £2.3billion.

Research by the British Chambers of Commerce shows that more than half of companies plan to raise prices by early April.

A survey of more than 4,800 firms found that 55% expect prices to increase in the next three months, up from 39% in a similar poll conducted in the latter half of 2024.

Three-quarters of companies cited the cost of employing people as their primary financial pressure.

The Centre for Retail Research (CRR) has also warned that around 17,350 retail sites are expected to shut down this year.

It comes on the back of a tough 2024 when 13,000 shops closed their doors for good, already a 28% increase on the previous year.

Professor Joshua Bamfield, director of the CRR said: “The results for 2024 show that although the outcomes for store closures overall were not as poor as in either 2020 or 2022, they are still disconcerting, with worse set to come in 2025.”

Professor Bamfield has also warned of a bleak outlook for 2025, predicting that as many as 202,000 jobs could be lost in the sector.

“By increasing both the costs of running stores and the costs on each consumer’s household it is highly likely that we will see retail job losses eclipse the height of the pandemic in 2020.”

Source link

Israel launches attack on Yemen’s Sanaa airport | Houthis News

DEVELOPING STORY,

Four strikes hit the runway and a Yemenia Airways plane, according to Houthi-affiliated media report.

Israel says it has launched air strikes on Yemen’s main airport in the capital, Sanaa, a day after Yemen’s Houthi rebels fired two projectiles towards Israel.

The Houthi-affiliated news outlet Al Masirah TV reported on Wednesday that four strikes hit the runway and a Yemenia Airways plane.

Israeli Defence Minister Israel Katz said on Wednesday that the Israeli air force struck Houthi “terror targets” at the airport and “destroyed the last aircraft remaining”.

“This is a clear message and a continuation of our policy: whoever fires at the State of Israel will pay a heavy price,” Katz said.

The latest Israeli attack on Yemen comes a day after the Houthi armed group fired two projectiles towards Israel that were shot down by Tel Aviv’s air defences. The Houthis later confirmed that they had launched two “ballistic missiles”.

Sanaa airport, the largest in Yemen, came back into service last week after temporary repairs and runway restoration following previous Israeli strikes.

It was mainly used by United Nations aircraft and the only remaining civilian aircraft of Yemenia Airways, after three others were destroyed in the last attack.

Since Israel began its war on Gaza in October 2023, the Houthis have repeatedly targeted Israel in what they say is solidarity with the Palestinians in the enclave.

This is a developing story.

Source link

Major retailer launches £30 skincare box with £113 of trending products including Lumene and Byoma

SKINCARE fans have been racing to pick up Boots’ new beauty box that has been branded as “incredible value”.

The £30 set includes £113 worth of products, with skincare favourites from Byoma, Beauty of Joseon and The Inkey List.

Boots skincare and beauty box.
The Boots beauty box comes with nine skincare heroes

Boots Fresh Faced Skincare Set, £29.99 (worth £112.99)

Beauty boxes are a great way to try out new products or stock up on favourites, and the Boots Fresh Faced Skincare Set has everything needed for a routine refresh.

Six out of the nine products inside are full-size, including Lumene’s Glow Boost Essence, which is worth £34 (more than the entire beauty box) when purchased separately.

Beauty of Joseon is the Korean beauty brand that’s been all over social media lately, and shoppers will receive its popular Matte Sun Stick.

There are three cleansers inside the new beauty box, including The Inkey List’s popular Oat Cleanser and Cetaphil’s Gentle Skin Cleanser.

E.l.f’s Holy Hydration Cleansing Balm is also inside (worth £11), and the cleanser has racked up thousands of five-star ratings on the Boots website.

Collage of skincare products.

1

Six out of the nine products are full-size

The solid balm melts away make-up while hydrating the skin, with a formula made up of hyaluronic acid, ceramides and peptides.

Byoma’s Brightening Serum is another cult favourite including in the Boots beauty box, along with Pixi’s Vitamin C Serum (worth £26).

The products also come with a stylish checked print washbag that’s ideal for storing away beauty essentials.

The £30 set only has a few reviews currently, all of which are five-star.

One shopper wrote: “This set is excellent value for money if you want to try some new brands and level up your skincare routine, and the bag itself is very good quality, plus it would make an excellent gift.”

Another added: “The bag included is very good quality that will last years and I got lots of products for a great price.

I bought this for myself to try some new products but it would also make an excellent gift.”

Shoppers caused mass sell-outs on the Boots website earlier in the month after the retailer launched its Luxury Haircare Beauty Box.

Featuring £219 worth of products for £45, the haircare edit didn’t stay in stock for long.

Lookfantastic also released a new beauty box recently, and the Trending Beauty Box comes with nine viral favourites worth £110 for £40.

The Boots Fresh Faced Favourites Beauty Box is still in stock for now, but if it’s anything like the retailer’s other new releases, it’s going to sell fast.

Source link

Russia launches massive missile, drone attacks on Kyiv

Residents clear debris at residential building struck by a drone in Kyiv, Ukraine, on Saturday morning. Photo by Sergey Dolzhenko/EPA-EFE

May 24 (UPI) — Russia, using missiles and drones, launched one of the biggest assaults on the Ukrainian capital, Kyiv, since the beginning of the war more than three years ago and hours after a prisoner exchange began.

Russia was retaliating after several days of Ukrainian drone attacks inside its territory, including in Moscow.

The first explosions in Kyiv were reported at 10 p.m. Friday, according to the Kviv Independent. Another wave was heard at around 1 a.m. and then, hours later, more missile debris was reported in the Obolonskyi district

CNN reported that 13 people died in the drone and missile attacks — at least four in the eastern Donetsk region, five in the southern Kherson and Odesa regions, and four in the northern Kharkiv region in the past 24 hours.

At least 15 people needed medical attention in Kyiv, including two children, the network reported.

Russia launched 14 ballistic missiles and 250 drones, with Ukrainian forces shooting down six missiles and stopping 245 drones before they reached Kyiv. Projectiles also hit the Dnipro, Odesa, Kharkiv, Donetsk and Zaporizhzhia regions.

Ukrainian President Volodymyr Zelensky reacted angrily after the attack and posted video with his message on X.

“It was a difficult night for all of Ukraine — 250 strike drones, the absolute majority of them Iranian ‘Shaheds,’ and 14 ballistic missiles,” Zelenskyy wrote. “The Odesa, Vinnytsia, Sumy, Kharkiv, Donetsk, Kyiv, Dnipro regions suffered damages. All strikes targeted civilians. There are fatalities. My condolences to the families and loved ones.”

Zelensky called for more sanctions on Russia to achieve a cease-fire, including one lasting 30 days.

“With each such attack, the world becomes more certain that the cause of prolonging the war lies in Moscow,” Zelensky wrote.

“Ukraine has proposed a ceasefire many times — both a full one and one in the skies. It all has been ignored. It is clear that far stronger pressure must be imposed on Russia to get results and launch real diplomacy.

“We are awaiting sanctions steps from the United States, Europe, and all our partners. Only additional sanctions targeting key sectors of the Russian economy will force Moscow to cease fire.”

Amid explosions and loud sirens throughout Kyiv, people took shelter in the city’s subway stations as the air raid alert in lasted more than seven hours

A five-story building in the Solomianskyi district caught fire, and seven people needed medical attention, said Tymur Tkachenko, head of the Kyiv city military administration.

“It’s terrorism,” said Mykyta Kruchan, a 22-year-old business development manager whose parents live in an apartment building in the Obolonskyi district hit by a Russian Shahed-type drone. Their apartment was not damaged, he told the Independent.

“What Ukraine does we shoot their military buildings, military stuff, centers. … But here, it’s not an adequate reply to me. All they do is on purpose.”

Kruchan, who described himself as once a supporter of President Donald Trump, said the president wants to “team up with terrorists rather than stop them.”

Olha Chyrukha, a 64-year-old resident of Kyiv, standing outside a damaged apartment building, said: “I wish they’d agree to a cease-fire. To bomb people like this …”

Ukrainian parliament member Kira Rudik told CNN hiding “under the stairs” overnight in Kyiv.

“It was terrifying, it felt honestly like armageddon, the explosions were everywhere,” she said.

Russia’s defense ministry claimed 94 Ukrainian unmanned aerial vehicles over Russian territory were destroyed, mostly over the Belgorod and Bryansk regions. Also, some UAVs were shot down over the Kursk, Lipetsk, Voronezh and Tula regions.

Prisoner swap, cease-fire talks

Russia and Ukraine began a one-for-one 1,000 prisoner exchange of soldiers and civilians in the first phase of a deal agreed to in Istanbul, Turkey, this week.

In the first swap on Friday, 390 Ukrainians were back home, and on Saturday the Russian defense ministry said 307 prisoners from each country were exchanged.

The two sides, with help from the United States, have been working toward a permanent cease-fire.

Ukrainian Foreign Minister Andrii Sybiha said “one week has passed since the Istanbul meeting, and Russia has yet to send its ‘peace memorandum.’ Instead, Russia sends deadly drones and missiles at civilians.”

Ukraine and its allies want an immediate and unconditional cease-fire.

Russian Foreign Minister Sergei Lavrov said his nation would give Ukraine a draft text stating its conditions for a truce after the prisoner swap is completed.

Last week, Russian President Vladimir Putin didn’t show up for a meeting with Zelensky in Turkey. Instead, lower-level officials negotiated.

Source link

Lebanon launches process to disarm Palestinian factions in refugee camps | Palestinian Authority News

Process launched after visit by Palestinian President Abbas, who said weapons ‘hurt’ Lebanon and Palestine cause.

A joint Lebanese-Palestinian committee tasked with the removal of weapons held by Palestinian factions in Lebanon’s refugee camps has met for the first time to begin hashing out a timetable for disarming the groups.

The Lebanese-Palestinian Dialogue Committee, a government body serving as interlocutor between Palestinian refugees and officials, met on Friday with Lebanese Prime Minister Nawaf Salam in attendance.

The group said that “participants agreed to launch a process for the disarmament of weapons according to a specific timetable”.

It added that it also aimed to take steps to “enhance the economic and social rights of Palestinian refugees”.

A Lebanese government source told the news agency AFP that disarmament in the country’s 12 official camps for Palestinian refugees, which host multiple Palestinian factions, including Fatah, its rivals Hamas and Palestinian Islamic Jihad, and a range of other groups, could begin in mid-June.

Under a decades-old agreement, Lebanese authorities do not control the camps, where security is managed by Palestinian factions.

The meeting comes as the Lebanese government faces increasing international pressure to remove weapons from the Iran-aligned Lebanese armed group Hezbollah, which fought a war with Israel last year.

“The message is clear. There is a new era, a new balance of power, and a new leadership in Lebanon, which is pushing ahead with monopolising arms in the hands of the state,” said Al Jazeera’s Zeina Khodr, reporting from Beirut.

“It has already begun to dismantle Hezbollah’s military infrastructure in southern Lebanon, and the next phase appears to be the disarmament of Palestinian groups in camps before it addresses the issue of Hezbollah’s weapons in the rest of the country,” she said.

Earlier this week, Palestinian President Mahmoud Abbas – leader of the Palestine Liberation Organization, dominated by his Fatah party, visited Lebanon and said in a speech that the weapons in the camps “hurt Lebanon and the Palestinian cause”.

During Abbas’s visit, he and Lebanese President Joseph Aoun announced an agreement that Palestinian factions would not use Lebanon as a launchpad for any attacks against Israel, and that weapons would be consolidated under the authority of the Lebanese government.

Al Jazeera’s Khodr signalled that several factions appeared to be against disarmement.

“While Abbas’s Palestinian Authority may be recognised internationally as the representative body of the Palestinian people, there are many armed groups, among them, Hamas and [Palestinian] Islamic Jihad, who … believe in armed struggle against Israel,” she said.

“Without consensus among the factions, stability could remain elusive.”

Source link

North Korea launches full-scale probe into warship accident

SEOUL, May 23 (UPI) — North Korea began a full-scale investigation into an accident that damaged a new warship at its launch ceremony this week, state-run media reported Friday, with investigators vowing that those culpable “can never evade their responsibility for the crime.”

The accident occurred on Wednesday at the Chongjin Shipyard during the launch ceremony for the 5,000-ton destroyer. North Korean leader Kim Jong Un, who was in attendance, called the incident a “criminal act” and said it “could not be tolerated.”

South Korea’s military assessed afterward that the North had attempted to “side-launch” the vessel by sliding it into the water sideways rather than launching it from a drydock, a technique analysts believe Pyongyang had never used before.

Satellite imagery captured by Airbus Space and shared on X on Thursday by British research organization Open Source Centre showed the warship listing on its side, draped by blue tarpaulins. OSC called the coverings “a visible attempt to contain the disaster.”

While the North’s initial media account on Thursday claimed that sections of the ship’s hull were crushed during the launch mishap, Friday’s report in state-run Korean Central News Agency downplayed the damage.

“Detailed underwater and internal inspection of the warship confirmed that, unlike the initial announcement, there were no holes made at the warship’s bottom,” the KCNA report said.

The hull starboard was scratched and seawater flowed into the stern section, KCNA said, calling the extent of the damage “not serious.”

It would take around 10 days to restore the warship’s damaged side, the report added.

Kim Jong Un blamed government officials, engineers and shipyard workers for the incident, KCNA reported on Thursday. He warned that their “irresponsible errors” would be dealt with at a plenary meeting of the ruling Workers’ Party central committee next month.

The accident “brought the dignity and self-respect of our state to a collapse,” Kim said, and ordered the ship to be restored before the June meeting.

Hong Kil Ho, manager of the Chongjin Shipyard, was summoned by authorities, the KCNA report said Friday.

The ruling party’s Central Military Commission instructed investigators to determine the cause of the accident and find those responsible for it, KCNA said.

“No matter how good the state of the warship is, the fact that the accident is an unpardonable criminal act remains unchanged, and those responsible for it can never evade their responsibility for the crime,” the military commission said.

The destroyer was the second warship introduced by North Korea in recent weeks, following the launch of its 5,000-ton Choe Hyon destroyer at the Nampo Shipyard on April 25. That vessel is armed with a wide range of weapons, including supersonic cruise missiles and strategic cruise missiles, according to North Korean reports.

Photos released by the North showed that the Choe Hyon’s missile and radar systems resemble those found on Russian vessels, prompting speculation that Pyongyang received technical assistance from Moscow in its development.

North Korea has deployed troops, artillery and weapons to Russia to aid in Moscow’s war against Ukraine, and is believed to be receiving much-needed financial support and advanced military technology for its own weapons programs.

The warship damaged during the launch accident appears to be similarly equipped to the Choe Hyon, South Korea’s military said Thursday.

Source link

Best Crypto Presales to Buy: 5 New Coin Launches That Could Make You Rich

The crypto market is bursting with opportunities this month. Bitcoin is approaching its all-time high (ATH), and altcoin prices are soaring.

Ethereum leads the altcoin market with a 55% monthly gain, while smaller altcoins have given far bigger gains. Launch Coin on Believe is one of the best performers, providing approximately a 700x gain this month. If you invested $1.5K one month ago, you’d be a millionaire now.

But for investors seeking such high gains, it’s best to identify projects earlier in their lifecycle. One way to do this is through crypto presales. These are tokens that are currently fundraising and have yet to launch on the open market, allowing traders to buy in at rock-bottom prices.

With that in mind, here are the best presales to buy now:

MIND of Pepe

When it comes to investing in emerging crypto projects, it’s important to look ahead and forecast which trends could dominate the market in the months ahead. Based on current market conditions, MIND of Pepe appears well-positioned to thrive.

It’s a Pepe-themed AI agent. The agent can identify trends and launch its own crypto projects – and $MIND holders get insider access to all its exclusive features. The project also launched a public X account that analyzes the market and aims to build a following, which could help bolster the $MIND price.

As mentioned, Ethereum is showing strength with a 55% gain this month, and that has provided a tailwind for Pepe to rally 73%.

But as a Pepe-themed project on Ethereum, MIND of Pepe is in an advantageous position to rise alongside these projects, except with potentially stronger upswings due to its lower market cap.

The presale has raised $9.7 million so far, but it will end in ten days.

With innate utility, links to Pepe, and strong presale momentum, MIND of Pepe looks set to surge this month.

Visit MIND of Pepe Presale

BTC Bull Token

BTC Bull Token is a Bitcoin-themed meme coin on Ethereum. But it’s no ordinary meme coin, it’s the first-ever cryptocurrency to pay its holder real Bitcoin rewards.

It’ll run $BTC and $BTCBULL airdrops at key Bitcoin price milestones, allowing meme coin fans to directly benefit from Bitcoin’s growth.

What’s interesting about this project is that its Bitcoin rewards clearly separate it from other meme coins. As word spreads, this could draw massive interest and cause its price to rocket.

Dogecoin hit a market cap beyond $70 billion last cycle without offering any community rewards. BTC Bull Token has raised just $6 million in its presale so far, while promising exposure to the world’s best-performing asset since 2009.

It’s a setup that indicates $BTCBULL could generate big gains once it hits exchanges.

Visit BTC Bull Token Presale

Subdd Token

Moving away from the meme coin meta, Subdd Token is another project at the intersection of multiple trending sectors. It aims to revolutionize the $85 billion subscription-based creator economy with blockchain payments and AI tooling.

It’s a new subscription app that uses AI to automate account management, allowing content creators to focus on what truly matters: content production and fan engagement.

The idea is that this will cultivate unparalleled creator-fan relationships, attracting both users and creators away from other subscription apps and onto Subdd.

If successful, this will bolster the $SUBDD price. $SUBDD is the platform’s native utility and rewards token. Hold it, and you’ll enjoy the maximum ecosystem benefits, including subscription discounts, beta platform access, VIP staking benefits, and more.

Another promising aspect is that the presale remains in its earliest stages, having raised $460K so far. This early stage means $SUBDD investors get the best possible price, maximizing their opportunity for gains.

Visit SUBDD Presale

Solaxy

Solaxy is building the world’s first Solana layer 2 blockchain to resolve the network’s long-standing congestion issue.

Unless you’re deeply in sync with Solana’s inner workings, you may be surprised that Solana grapples with congestion. After all, it’s the go-to chain for meme coin traders due to its high speeds and low fees.

Yet, these characteristics also cause its demise. During peak network activity periods, Solana cannot handle the excessive amounts of transaction requests that flood the network, leading to longer wait times and increased rates of transaction failures. Solaxy will fix this.

It’ll use off-chain computation and transaction bundling technology to offer cheaper, faster, and more reliable throughput. The goal is for Solaxy to achieve 10,000 transactions per second (TPS), making it almost 50% more scalable than Solana.

The project is undergoing a presale and has raised $38 million so far. This makes it the biggest Solana presale in history and suggests $SOLX could see huge demand once it hits the open market.

Visit Solaxy Presale

Best Wallet Token

Smart investors know that investing in infrastructure projects is one of the best ways to capitalize in bull markets. These projects offer diversified bets, sometimes called the “pick and shovel” approach.

Regarding infrastructure projects currently available at presale, Best Wallet Token may be among the most promising on the market.

The token powers Best Wallet, an innovative crypto wallet that supports over 60 blockchains, including Bitcoin, Ethereum, Solana, XRP, and Cardano.

Best Wallet offers a cross-chain DEX, a token launchpad, and even a crypto debit card. They’re not features you’d typically expect to see in a crypto wallet, but they’re what you might envision in a crypto wallet of the future.

The $BEST token unlocks ecosystem advantages, including trading fee discounts, higher staking yields, governance rights, and access to promotions on partner projects.

Best Wallet might be the only wallet with such a comprehensive feature list and also support for so many blockchains. So factoring in its token utility, it’s easy to see why $BEST could surge this year.

Visit $BEST Token Presale

This article is for informational purposes only and does not provide financial advice. Cryptocurrencies are highly volatile, and the market can be unpredictable. Always perform thorough research before making any cryptocurrency-related decisions.



Source link

Israel launches strikes on two Yemen ports | Houthis News

Prime Minister Benjamin Netanyahu promises more strikes if the group continues to launch attacks on Israel.

Israel says it has launched strikes on the Yemeni ports of Hodeidah and as-Salif in response to the Houthi rebels firing missiles towards Israel, days after the Yemeni group agreed a truce with the United States.

The Israeli military said it carried out strikes on “terrorist infrastructure” on Friday, saying on X that the two ports had been used by the Houthi rebel group to “transfer weapons”.

Al Masirah TV, a Houthi-affiliated outlet, also reported Israeli strikes on the two ports. The extent of any damage was not clear, and there no immediate reports of casualties.

The Houthis have carried out a campaign of attacks against Israel in self-proclaimed solidarity with Palestinians after Israel launched its assault on Gaza in October 2023.

Israel has carried out strikes in response, including one on May 6 that damaged Yemen’s main airport in Sanaa and killed several people.

Friday’s attacks were the first since US President Donald Trump agreed to a ceasefire deal with the Houthis earlier this month, with the US halting its attacks on Yemen and the group agreeing to end its attacks on shipping lanes in the Red Sea.

Israel was not included in that agreement, and its military said it intercepted several missiles fired from Yemen towards Israeli airspace this week.

Israeli Prime Minister Benjamin Netanyahu said on Friday that the attacks are “just the beginning”, describing the Houthis as “just a tool”, alleging that Iran was “behind them”.

“We will not stand idly by and allow the Houthis to harm us. We will strike them with greater force, including at their leadership and all the infrastructure that enables them to attack us,” he said in a statement posted on the government’s social media account.

Israeli Defence Minister Israel Katz pledged to “hunt down and eliminate” Houthi leader Abdel-Malik al-Houthi if the rebel group continued “to fire missiles at the State of Israel”.

Alluding to recent Houthi attacks on Israel, Katz indicated leader al-Houthi would meet the same fate as Hamas commanders Mohammed Deif and Yahya Sinwar in Gaza, Hamas political chief Ismail Haniyeh in Iran, and Hezbollah leader Hassan Nasrallah in Lebanon – all killed in Israeli attacks over the last year.

Al Jazeera’s Hamdah Salhut, reporting from Jordan’s capital Amman, said that since Israel broke a ceasefire agreement with Hamas back in March – killing almost 3,000 since then, according to Gaza’s Health Ministry – the Houthis had launched “at least 34 different projectiles” towards Israel.

She said that Israel’s policy “moving forward” would be to strike back. “For every missile that’s fired, they’re going to be conducting these types of air strikes,” she said.

Source link

SpaceX launches 26 Starlink satellites from California

SpaceX Friday launched another routine Starlink satellite launch from California, the 20th this year.

Liftoff for Starlink mission 15-5 was 9:43 a.m. EDT from Vandenburg Space Force base, lofting 26 more Starlink satellites into low-Earth orbit. Depicted is a Starlink launch from the Cape Canaveral Space Force Station, Florida on Wednesday. Photo by Joe Marino/UPI | License Photo

May 16 (UPI) — SpaceX Friday launched another routine Starlink satellite launch from California, the 20th this year.

Liftoff for Starlink mission 15-5 was 9:43 a.m. EDT from Vandenburg Space Force base, lofting 26 more Starlink satellites into low-Earth orbit.

The Falcon 9 first stage booster B1093 launched the satellites and then touched down in the Pacific Ocean a little more than eight minutes later on the droneship ‘Of Course I Still Love You.’

The launch was live streamed.


Friday’s launch brought the number of Starlink satellites in orbit to over 1,000.

It was the second flight for booster B1093. It was used 39 days ago in the Starlink 11-11 mission launched from Vandenburg.

SpaceX advised that residents of Santa Barbara, San Luis Obispo, and Ventura counties could possibly hear sonic booms from the launch.

Source link

Much-loved independent fashion retailer launches closing down sale ahead of shutting down in weeks

A BELOVED clothing store that has been in business for nearly 50 years has launched a massive sale ahead of its closure.

Ginger, in Norwich, will shut for good on June 7 after the owners were forced to make an “incredibly difficult decision”.

Exterior view of Ginger clothing shop.

1

The family-owned business is one of Norwich’s oldestCredit: Facebook

The shop was founded by David and Rodger Kingsley in 1978 following the success of their sister company Jonathan Trumbull in 1971.

Beckie Kingsley broke the sad news on social media that her family’s shop was soon to be no more.

The store manager blamed the current economic climate and the aftermath of Covid-19 for the business’s hardship.

She said: “It’s with truly heavy hearts that, after 46 unforgettable years, we have made the incredibly difficult decision to close the doors at our beautiful, beloved and historic Timber Hill home.

“We’ve weathered many storms over the decades, but there’s been ongoing challenges of today’s financial climate – coupled with the lasting impact and huge shifts within the retail landscape since Covid.

“This led us to ask – does it still work for us? After deep reflection, the answer, sadly, is no.

“We’ve had the privilege of watching generations grow, celebrating precious life milestones, sharing joys and deepest sorrows.

“Being part of people’s stories has been beyond a privilege – more than some may ever know.

“They’ve always been more than just customers – they’ve become wonderful friends.”

Ginger is one of the city’s oldest businesses and loyal customers rushed to share their praise.

“You will be missed! Sending hugs,” one wrote.

Another commented with a sad face emoji.

Dozens of shops are set to close across the country before the end of the month in the latest blow to UK high streets.

One of these include Smiggle, known for its colourful, quirky pens, lunchboxes and school bags, which revealed it is shutting up shop at the Darwin Centre in Shrewsbury.

Meanwhile, family business B.D Price, a beloved toy and bike store in Dudley, West Midlands, announced its closure after 160 years.

The 84-year-old owner blamed the cost of living crisis for a drop in sales and the costs of running the business skyrocketing.

Rising living costs leaving shoppers with less cash to spend and an increase in online shopping have battered retailers in recent years.

In some cases, landlords are either unwilling or unable to invest in keeping shops open, further speeding up the closures.

Smiggle isn’t the only stationary shop shutting its doors, more WHSmiths stores are set to close this month.

Sports Direct axed its Newmarket Road store in Cambridge on April 18 while Red Menswear in Chatham in Medway, Kentshut for the final time on March 29 after selling men’s clothing since 1999.

RETAIL PAIN IN 2025

The British Retail Consortium has predicted that the Treasury’s hike to employer NICs will cost the retail sector £2.3billion.

Research by the British Chambers of Commerce shows that more than half of companies plan to raise prices by early April.

A survey of more than 4,800 firms found that 55% expect prices to increase in the next three months, up from 39% in a similar poll conducted in the latter half of 2024.

Three-quarters of companies cited the cost of employing people as their primary financial pressure.

The Centre for Retail Research (CRR) has also warned that around 17,350 retail sites are expected to shut down this year.

It comes on the back of a tough 2024 when 13,000 shops closed their doors for good, already a 28% increase on the previous year.

Professor Joshua Bamfield, director of the CRR said: “The results for 2024 show that although the outcomes for store closures overall were not as poor as in either 2020 or 2022, they are still disconcerting, with worse set to come in 2025.”

Professor Bamfield has also warned of a bleak outlook for 2025, predicting that as many as 202,000 jobs could be lost in the sector.

“By increasing both the costs of running stores and the costs on each consumer’s household it is highly likely that we will see retail job losses eclipse the height of the pandemic in 2020.”

Source link

Samsung launches thinnest EVER Galaxy smartphone – claim FREE Pixel Buds3 Pro worth £219

SAMSUNG’s latest release is the thinnest smartphone on the market.

If you pre-order the Samsung Galaxy S25 Edge now, you’ll get a free pair of Galaxy Buds3 Pro, worth £219, included with your purchase.

Smartphone with earbuds and charging case.

1

Samsung’s thinnest smartphone to date comes with a great freebie perk right nowCredit: Sky Mobile

Samsung Galaxy S25 Edge, £52 per month on Sky Mobile

For anyone shopping around for a new handset, deals like this are a fantastic way to get more for your money.  

Sky Mobile is well-known for offering affordable deals, often sweetened by boosted data plans at no extra cost.

The standout pre-order deal here is the 10GB data plan, which is boosted to 40GB for just £12 per month.

There’s nothing to pay upfront either, and with the free Buds3 Pro thrown in, this deal delivers on all fronts.

If storage is important to you, Sky Mobile is also offering a double storage deal on the Galaxy S25 Edge.  

You can get 512GB worth of storage for the price of the 256GB model, just £40 a month, saving you a tidy £4.

This double storage offer ends on May 29th, so act quickly to enjoy more space for less.  

The Galaxy S25 Edge itself is a standout device in the S25 series, offering a thinner, lighter design compared to the other models.  

While I haven’t tested it myself, our Assistant Tech and Science Editor, Jamie Harris, has had a first-hand look at the Samsung Galaxy S25 Edge.

He praised the handset for being “lighter than any iPhone 16 model around.”

There are trade-offs to achieve that smaller frame, though.

The Samsung Edge is so much lighter because it comes with a noticeably smaller battery compared to the rest of the S25 lineup.

It sports a 3,900mAh battery, compared to 4,000mAh on the Galaxy S25, but that still gets you around 24 hours of video playback with moderate use.

But for shoppers looking for one of the latest Android models without the bulk and weight of modern handsets, the Edge strikes the right balance.  

The deal is only available for purchases made between May 13th 2025, and May 29th, with the headphones dispatched with your device.  

We regularly round up the top data plans from all major providers, so check out our best SIM-only deals page for more savings.

Samsung Galaxy S25 Edge, £52 per month on Sky Mobile

Source link

Greggs launches summer menu including new bake and iced latte that fans will go crazy for

GREGGS has launched its summer menu for 2025 and it includes a new bake and biscuit-inspired iced latte that fans will go crazy for.

The high street favourite has added a wave of new options to its shelves, with new spicy chicken sandwiches, summer drinks and sweet treats joining the line-up.

Greggs iced latte.

11

The new menu includes a biscuit-inspired iced-latteCredit: Greggs
Pastry filled with spinach and red peppers.

11

A Red Pepper, Feta and Spinach Bake is also joining the menuCredit: Greggs

Available in shops nationwide from tomorrow, May 15, the new menu includes a Red Pepper, Feta & Spinach Bake, which has already been dubbed “lush” by excited followers on Instagram.

The Mediterranean-style pastry will cost £2.10.

For coffee lovers, the new Caramelised Biscuit Latte is proving to be the star of the show.

Available hot from £2.75 or iced from £3.10, it’s inspired by the popular Lotus Biscoff biscuit.

Greggs has also upped its hot sandwich offering, introducing a new Korean Chicken range.

It features a Korean Crispy Chicken Burger from £4, a BBQ Chicken Wrap from £3.80, and a Spicy Korean BBQ Chicken Baguette from £3.60 – all part of its Hot Sandwich, Wedges & Drink Deal.

A new Chicken, Sweetcorn and Red Onion Pizza slice is also joining the menu, priced from £2.40, available as part of Greggs’ after-4pm Pizza Deal.

On the sweeter side, there’s a Lemon Meringue Muffin from £1.55, which can be paired with a hot drink in a meal deal.

Customers can also pick up Plenish wellness shots, with Ginger Immunity and Turmeric Recovery options both priced at £1.55 and a fat-free Greek Style Yogurt with Strawberry Compote, priced from £1.55.

The new menu is available for in-store purchase, click and collect via the Greggs app, and delivery through Just Eat and Uber Eats.

Greggs posted the announcement online with the caption: “Babe wake up, Greggs summer menu just dropped!!”

Fans shared their excitement for the new menu.

One customer wrote: “That biscuit latte looks so good”, others agreed saying: “the latte looks amazing”.

A third said: “could really go for that lemon muffin”.

Whilst another added: “need that chicken sandwich, yum”.

But not everyone is thrilled by the new launch.

Comments were quickly flooded with complaints from fans asking where the vegan options were.

“This is so disappointing, where’s the vegan stuff?” one user asked.

Another added: “Give the vegans what they want for gods sake.”

It seems fans still haven’t recovered from the Vegan Steak Bake being axed from menus last year.

Customers were hoping the veganuary menu signalled a long-term commitment to expanding Greggs’ vegan offering, but many have been left disappointed by its absence from the summer launch.

Greggs new summer menu items and prices

All items will be available in shops nationwide from Thursday May 15

Drinks
Caramelised Biscuit Latte (hot) – from £2.75
Iced Caramelised Biscuit Latte – from £3.10

Sweet Treats
Fat Free Greek Style Yogurt with Strawberry Compote – from £1.55
Lemon Meringue Muffin – from £1.55
(Part of Sweet Treat & Hot Drink Deal)

Wellness Shots
Plenish Ginger Immunity Shot 60ml – from £1.55
Plenish Turmeric Recovery Shot 60ml – from £1.55

Hot Food (Part of Hot Sandwich, Wedges & Drink Deal)
Korean Crispy Chicken Burger – from £4.00
Korean BBQ Chicken Wrap – from £3.80
Spicy Korean BBQ Chicken Baguette – from £3.60
Red Pepper, Feta & Spinach Bake – from £2.10

Cold Sandwiches (Part of Cold Sandwich & Drink Deal)
Korean BBQ Chicken Flatbread – from £3.50
Roast Chicken Salad Sandwich – from £2.75
Roast Chicken Salad Roll – from £3.30
Roast Chicken with Honey Mustard Mayonnaise Oval Bite – from £3.50
Cheese & Onion Roll – from £3.30

Pizza (Available after 4pm – Part of Pizza & Drink Deal)
Chicken, Sweetcorn and Red Onion Pizza – from £2.40

Crispy chicken burger with lettuce and sauce.

11

Fans have shared their excitement over the new Korean Chicken BurgerCredit: Greggs
Greggs Chicken Salad Roll

11

The Greggs Chicken Salad Roll will be a cold meal deal optionCredit: Greggs
Double-decker chicken salad sandwich on whole wheat bread.

11

The Chicken Mayo Salad Sandwich will retail for £2.75Credit: Greggs
Sandwich with egg salad and tomato on a whole wheat roll.

11

The Cheese and Onion Roll will also be a cold meal deal optionCredit: Greggs
Crispy chicken sandwich on a roll with red cabbage and jalapenos.

11

The new menu includes a Korean Chicken BaguetteCredit: Greggs
Chicken wrap on a blue plate.

11

It will also offer a Korean Chicken Wrap alternativeCredit: Greggs
Flatbread sandwich with red cabbage, cucumber, and fried onions.

11

The Korean BBQ Chicken Flatbread will retail for £3.50Credit: Greggs
Greggs Fairtrade coffee in a cup with whipped cream.

11

The new Caramelised Biscuit Latte is also available as a hot drinkCredit: Greggs
A cup of Gregg's fat free Greek style yogurt with strawberry compote.

11

Customers can also purchase a Yogurts with Strawberry CompoteCredit: Greggs

Source link

Iconic department chain to shut final store this MONTH & vanish forever as it launches ‘Rachel Reeves closing down sale’

A BELOVED department chain is preparing to shut its final store this month as it launches a “Rachel Reeves closing down sale.”

The famous shop will be shuttering forever after serving customers on the high street for 140 years.

Beales Department Stores sign on a building.

3

The iconic department store Beales will be shutting is last storeCredit: Getty
Beales Department Store closing down sale; up to 80% off selected lines.

3

Beales in Poole’s Dolphin Centre is offering 80 per cent off its stockCredit: BNPS
Rachel Reeves' closing down sale: up to 80% off selected lines. Everything must go!

3

The site has named the offer a ‘Rachel Reeves’ closing down sale’Credit: FACEBOOK – BEALES POOLE

Beales in the Dolphin Centre in Poole will close on May 31 and is slashing the price of stock by 80 per cent in the meantime.

The historic chain was founded in Bournemouth in 1881 and offers a range of iconic products, including clothing, home goods, and more.

This particular Poole Beales branch was the last one standing when the company collapsed into administration in January 2020, leading to the closure of its 22 other stores.

Despite the stores resilience, the brutal budget introduced last year saw the hike of National Insurance which has forced countless shops to close.

To mark the occasions, the store’s Facebook page is advertising a “Rachel Reeves‘ Closing Down Sale,” featuring discounts of up to 80% and a caption cheekily thanking the Chancellor for “the help.”

It wrote in the caption: “Our closing sale is almost over (cheers for the help, Chancellor) – and we’ve just dropped hundreds of lines to 80% OFF or more!

“Grab a bargain before we vanish into the budget black hole. #FinalSale #80Off #LastChance #WhenItsGoneItsGone.”

Despite weathering the storm for the past five years, it seems the Chancellor’s latest Budget changes have delivered the final blow to the struggling chain.

Beales chief executive Tony Brown previously told The Telegraph the business had become “unviable” following the Chancellor’s announcement of increases to the minimum wage and national insurance contributions in the October Budget.

Announcing the closure, Mr Brown said: “This, combined with the risks and uncertainty of further tax increases in the coming years, has left us with no alternative.

Beloved pizza chain to close down for good in just weeks after 54 years

“We have been working with the Dolphin Centre, who have been supportive, along with our investors to ensure an orderly exit.

“Our team has been informed, as have our suppliers.

“We will ensure the exit is managed and no one will be left with a financial loss.”

Shoppers were left heartbroken by the news of the store’s impending closure, with one commenting on the latest post: “I’ve loved shopping here over the years.”

Another wrote: “Sadly this is happening to many shops.”

Like many businesses, Beales now faces higher employer national insurance contributions, which have risen from 13.8% to 15%.

Additionally, the threshold at which these contributions must be paid has been lowered from £9,100 to £5,000.

These changes to the tax system were confirmed by the Chancellor in the Autumn Budget last October and came into effect on 1 April.

At the same time, the national minimum wage saw a notable increase, rising to £12.21 per hour. For workers aged 18-20, the minimum wage increased by £1.40 to £10 per hour.

Founded in 1881, Beales once boasted a proud portfolio of 41 department stores in market towns across the UK, offering everything from furniture and fashion to toys and cosmetics.

The retailer’s decline has been gradual but unrelenting.

Its Southport store was shuttered last September, just three years after the site had reopened.

With the closure of the Poole branch, the last remaining link to the Beales name, a once-iconic fixture of the British high street, will vanish forever.

DEATH OF THE HIGH STREET

Retailers have been feeling the squeeze since the pandemic, while shoppers are cutting back on spending due to the soaring cost of living crisis.

High energy costs and a move to shopping online after the pandemic are also taking a toll, and many high street shops have struggled to keep going.

However, additional costs have added further pain to an already struggling sector.

The British Retail Consortium has predicted that the Treasury’s hike to employer NICs from April will cost the retail sector £2.3billion.

At the same time, the minimum wage will rise to £12.21 an hour from April, and the minimum wage for people aged 18-20 will rise to £10 an hour, an increase of £1.40.

Experts have said small high street shops could face a particularly challenging 2025 because of Budget tax and wage changes.

Professor Bamfield has warned of a bleak outlook for 2025, predicting that as many as 202,000 jobs could be lost in the sector.

“By increasing both the costs of running stores and the costs on each consumer’s household it is highly likely that we will see retail job losses eclipse the height of the pandemic in 2020.”

Why are retailers closing shops?

EMPTY shops have become an eyesore on many British high streets and are often symbolic of a town centre’s decline.

The Sun’s business editor Ashley Armstrong explains why so many retailers are shutting their doors.

In many cases, retailers are shutting stores because they are no longer the money-makers they once were because of the rise of online shopping.

Falling store sales and rising staff costs have made it even more expensive for shops to stay open.

The British Retail Consortium has predicted that the Treasury’s hike to employer NICs from April 2025, will cost the retail sector £2.3billion.

At the same time, the minimum wage will rise to £12.21 an hour from April, and the minimum wage for people aged 18-20 will rise to £10 an hour, an increase of £1.40.

In some cases, retailers are shutting a store and reopening a new shop at the other end of a high street to reflect how a town has changed.

The problem is that when a big shop closes, footfall falls across the local high street, which puts more shops at risk of closing.

Retail parks are increasingly popular with shoppers, who want to be able to get easy, free parking at a time when local councils have hiked parking charges in towns.

Many retailers including Next and Marks & Spencer have been shutting stores on the high street and taking bigger stores in better-performing retail parks instead.

In some cases, stores have been shut when a retailer goes bust, as in the case of Carpetright, Debenhams, Dorothy Perkins, Paperchase, Ted Baker, The Body Shop, Topshop and Wilko to name a few.

What’s increasingly common is when a chain goes bust a rival retailer or private equity firm snaps up the intellectual property rights so they can own the brand and sell it online.

They may go on to open a handful of stores if there is customer demand, but there are rarely ever as many stores or in the same places.

The Centre for Retail Research (CRR) has warned that around 17,350 retail sites are expected to shut down this year.

Source link

DHS launches investigation into California program aiding aged, blind, disabled immigrants

May 13 (UPI) — The Trump administration has launched an investigation into a California state-level program that provides aged, blind and disabled non-citizens with monthly cash benefits on accusations it was illegally distributing federal funding to those ineligible for Social Security.

The Department of Homeland Security announced the probe Monday in a statement saying it was requesting all records from the Los Angeles County Department of Public Social Services, which administers California’s Cash Assistance Program for Immigrants, to determine whether federal funds were given to ineligible undocumented immigrants.

The probe will examine the program’s records going back to January 2021, the month the previous president, Joe Biden, took office.

“Radical left politicians in California prioritize illegal aliens over our own citizens, including by giving illegal aliens access to cash benefits,” DHS Secretary Kristi Noem said in the statement.

“The Trump administration is working together to identify abuse and exploitation of public benefits and make sure those in this country illegally are not receiving federal benefits or other financial incentives to stay illegally.”

The DHS said it is specifically looking to see if undocumented immigrants were receiving Supplemental Security Income from the Social Security Administration.

California’s Cash Assistance Program for Immigrants dates back to the 1990s and was established to provide monthly cash benefits to specific immigrants ineligible for SSI due to their immigration status.

According to its website, the program is entirely state funded. To be eligible, applicants must be California residents ineligible for SSI and either be 65 years old or older, blind or disabled.

The investigation was met with swift condemnation from SEIU California union that accused the Trump administration of using “bullying” tactics to attack the state’s safety net.

Donald Trump‘s campaign to instill fear in immigrant communities will meet resolute opposition here in California,” the union’s president, David Huerta, said in a statement.

Huerta said the federal government has no basis for its “legal bullying” and no right to tell California how to use its state funds to fight poverty.

“The sole purpose of this sham ‘investigation’ is clear: intimidation of people seeking safety and of all those who provide them with needed support,” Huerta said.

“We will not be intimidated, and we will not back down.”

SEIU California is a non-partisan union representing some 750,000 nurses, healthcare workers, janitors, social workers and security officers as well as city, county and state employees.

President Donald Trump ran on a platform to crack down on migration and to undertake the largest deportation in American history, while using controversial and derogatory rhetoric to spread misinformation and false claims about migrants and crime.

Since his January inauguration, he has used his executive powers to focus the federal government on targeting immigration.

A month ago, he signed an executive order directing Noem and other cabinet officials to ensure undocumented immigration do not receive funds from Social Security programs and to take civil and criminal action against governments that fail to prevent non-citizens from receiving the benefits.

Source link