The arrest of the 66-year old former prince has sent shockwaves through the UK and abroad, with reaction rolling in from the US to Australia King says ‘law must take its course’ What the papers say Calls for justice in the US US president Donald Trump described Andrew Mountbatten-Windsor’s arrest as a “shame” and “very sad thing”. When asked by reporters for his reaction, he said: I’m the expert i...
The arrest of the 66-year old former prince has sent shockwaves through the UK and abroad, with reaction rolling in from the US to Australia King says ‘law must take its course’ What the papers say Calls for justice in the US US president Donald Trump described Andrew Mountbatten-Windsor’s arrest as a “shame” and “very sad thing”. When asked by reporters for his reaction, he said: I’m the expert in a way because I’ve been totally exonerated so I can speak about it … I think it’s a shame . I think it’s very sad . I think it’s so bad for the royal family. It’s very, very sad . To me, it’s a very sad thing . When I see that, it’s a very sad thing … Continue reading...
As German Chancellor Friedrich Merz prepares for his high-stakes visit to Beijing from February 24 to February 27, he faces a new reality – China has become less reliant on Germany. While China is once again Germany’s top trading partner, the relationship has become distorted by a record €89 billion (US$105.6 billion) trade deficit. China’s economic slowdown has cut demand for German exports while...
As German Chancellor Friedrich Merz prepares for his high-stakes visit to Beijing from February 24 to February 27, he faces a new reality – China has become less reliant on Germany. While China is once again Germany’s top trading partner, the relationship has become distorted by a record €89 billion (US$105.6 billion) trade deficit. China’s economic slowdown has cut demand for German exports while the German appetite for Chinese goods grows. SCMP Plus subscribers enjoy early access to selected...
Today SSCP Lager Bidco AB (publ) published an interim report for the fourth quarter, the report can be downloaded on www.logent.se or via the link below.
Today SSCP Lager Bidco AB (publ) published an interim report for the fourth quarter, the report can be downloaded on www.logent.se or via the link below.
Dragon Claws/iStock via Getty Images Soaring labor, food, insurance and tax costs have kept restaurant inflation at highs typically seen around recessions. This has pushed operators to hike menu prices and triggered a shift in where and how often millions of Americans dine out. The consumer price index's measure of food away from home, a category that includes restaurants, rose 4% from January 202...
Dragon Claws/iStock via Getty Images Soaring labor, food, insurance and tax costs have kept restaurant inflation at highs typically seen around recessions. This has pushed operators to hike menu prices and triggered a shift in where and how often millions of Americans dine out. The consumer price index's measure of food away from home, a category that includes restaurants, rose 4% from January 2025 to January 2026, according to the latest government data. Food away from home prices have seen annual growth on average of about 3.9% each month since the start of 2025, only a slight cooling from 2024, when annual inflation growth averaged nearly 4.1% each month. The overall consumer price index - the market's preferred inflation measure - climbed 2.4% from January 2025 to January 2026, its smallest annual increase since May 2025 and a more than 60-basis-point drop in four months. While overall inflation has moderated and is now showing signs of cooling, restaurant inflation continues to accelerate. Consumer prices for food away from home increased 39.3% from January 2019 to January 2026. By comparison, the index increased 19.2% across the previous seven years, from January 2012 to January 2019. These higher prices have caused customer traffic to US restaurants to decline for two straight years, with only modest growth projected for 2026, said Rich Shank, senior principal and vice president of innovation with Technomic. "Growth is really challenging, and consumers are definitely changing their behavior," Shank said in an interview. After years of elevated inflation, many American consumers have cut back on restaurant spending. Roughly four in 10 US consumers cut their restaurant frequency in 2025, including 44% who said they have cut down on going to full-service restaurants, according to the National Restaurant Association's annual state of the industry report, released this month. More than 60% of operators reported that customer traffic to their restaurants declined i...
Largest January total since records began in 1993 is sharp reversal from December’s £11.6bn deficit The UK government has posted the biggest ever budget surplus, official figures show, after a large boost in self-assessment and capital gains tax receipts. In a boost for the chancellor, Rachel Reeves, in the run-up to her spring statement next month, public sector finances recorded a surplus of £30...
Largest January total since records began in 1993 is sharp reversal from December’s £11.6bn deficit The UK government has posted the biggest ever budget surplus, official figures show, after a large boost in self-assessment and capital gains tax receipts. In a boost for the chancellor, Rachel Reeves, in the run-up to her spring statement next month, public sector finances recorded a surplus of £30.4bn at the start of the year, according to the Office for National Statistics (ONS). This was £15.9bn higher than the surplus recorded in January 2025. Continue reading...