UK pubs feel Christmas pressure as inflation bites

Newsletter Dec 7, 2022 [ International Business Times]( [UK pubs feel Christmas pressure as inflation bites]( Pubs have been central to British communities for centuries, but their number has been dwindling for years and has plunged to its lowest ever level [Ireland marks 100 years since founding of Irish Free State]( One hundred years ago on Tuesday, Ireland gained statehood in the midst of a bitter civil war. [Learn more about Jeeng]( [UK watchdog moots tougher checks on financial marketing]( Britain's financial watchdog on Tuesday proposed tougher rules for approving financial promotions after a sharp rise in misleading marketing online. [Deutsche bank, Rabobank hit with EU antitrust charge over bond cartel]( Deutsche Bank and Rabobank were charged by EU antitrust regulators on Tuesday of taking part in a government bond cartel, the latest move against a sector which has racked up millions of euros in fines for various competition violations. [Airlines see return to profit in 2023, clash with airports]( Global airlines are predicting their first industry-wide profit since 2019 next year as air travel rebounds from COVID-19 restrictions, while a new war of words erupted with airports on Tuesday over rising air fares and ground charges. [Cryptoverse: Forget crypto winter, this is a bitcoin 'bloodbath']( "I'm nearly bankrupt," says Jad Fawaz, a crypto trader in Abu Dhabi. "I'm laughing because there's no point in exerting more depression and more frustration about it." [Meta Oversight Board calls for overhaul of controversial 'cross-check' system for VIPs]( Meta Platforms' Oversight Board recommended on Tuesday that the company revamp its system exempting high-profile users from its rules, saying the practice privileged the powerful and allowed business interests to influence content decisions. [EU seeks to reassure Western Balkans on accession amid fears of Russian influence]( European Union and Western Balkans leaders met in the Albanian capital Tirana on Tuesday for a summit meant to reassure the region of a future in the wealthy bloc amid fears of rising Russian and Chinese influence. [Dollar edges up as darkening growth outlook hurts sentiment]( The dollar crept higher on Wednesday as top executives from the biggest U.S. banks warned of an impending recession, which dampened risk appetite and kept the greenback supported. [EU agrees ban on imports driving deforestation]( The European Union reached an agreement Tuesday to ban the import of products including coffee, cocoa and soy in cases where they are deemed to contribute to deforestation. [EU looks to win Hungary support for Ukraine aid in return for EU funds access]( European Union finance ministers will on Tuesday look to get Hungary's backing for 18 billion euros ($18.89 billion) of support for Ukraine for next year in exchange for access to EU money from its recovery fund as well as budget. [BlackRock has frozen hires, reduced spending, says CFO]( BlackRock Inc Chief Financial Officer Gary Shedlin on Tuesday said his firm is freezing most hiring and reducing expenses. [Apple loosens tight grip on App Store pricing]( In the EU, a new piece of legislation due to be implemented in May 2023 will force Apple to open up its iPhone operating system to other payment options and app stores. [Maryland governor bans use of TikTok on state devices]( Maryland Governor Larry Hogan issued an emergency directive on Tuesday prohibiting the use of Chinese-owned short-video sharing app TikTok on state government devices and networks. [UAW calls on automakers to move supply chain out of Xinjiang region]( The United Auto Workers (UAW) union called on automakers to shift their entire supply chain out of China's Xinjiang region after a new report on Tuesday suggests that nearly every major automaker has significant exposure to products made with forced labor. [Iran sentences five to hang over protest-linked killing]( The five sentenced to death were convicted of "corruption on earth" -- one of the most serious offences under Islamic sharia law in Iran. [Prince Harry and UK newspaper publisher agree pause of libel case]( Prince Harry and Associated Newspapers, one of Britain's biggest media publishers, have agreed a temporary pause in his libel claim to try to settle the case, London's High Court heard on Tuesday. You Might Like [Learn more about Jeeng]( [IBTimes]( IBTimes will always protect your security and privacy. Please read our detailed [Privacy Policy.]( Please do not reply to this email. [Click here]( to adjust your notification preferences or unsubscribe. © Copyright 2022 IBTimes LLC. All Rights Reserved. IBTimes LLC, 33 Whitehall ST FL 7, New York, NY 10004 U.S.A, New York, New York 10004, United States You may [unsubscribe]( or [change your contact details]( at any time.