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Prince Philip: World leaders and royals send heartfelt sympathy

Prince Philip: World leaders and royals send heartfelt sympathy

World
Monarchs, heads of state and prime ministers across the world, past and present, have sent heartfelt tributes following the death of Prince Philip, Duke of Edinburgh, at the age of 99.Spain's king and queen telegrammed "Dear Aunt Lilibet" to mourn the passing of "Dear Uncle Philip".Along with tributes from Europe's royal households, many Commonwealth nations praised his exceptional public service.They paid tribute to a life of duty, purpose and devotion to the Queen."He was a heck of a guy... 99 years old, he never slowed down at all," said US President Joe Biden. All living former US presidents also sent tributes.PA MediaThe duke, whose death was announced by Buckingham Palace on Friday, accompanied the Queen during hundreds of overseas visits.'Cherish the memories'Prince Philip had blood...
Britain’s Prince Philip to be hospitalized for ‘several’ more days

Britain’s Prince Philip to be hospitalized for ‘several’ more days

World
Feb. 23 (UPI) -- Britain's Prince Philip will remain hospitalized for "several days" to receive treatment for an unspecified infection, Buckingham Palace announced Tuesday. The update to the duke of Edinburgh's health came one week after he first checked in to London's King Edward VII Hospital after feeling ill. Advertisement "The duke of Edinburgh remains at King Edward VII's hospital where he is receiving medical attention for an infection," the statement said. "He is comfortable and responding to treatment but is not expected to leave hospital for several days." The duke's youngest son, Prince Edward, earl of Wessex, told Sky News he spoke to his father on the phone. "He's a lot better thank you very much indeed, and he's looking forward to getting out, which is the most positive thin...
Coronavirus: Lockdown should ease to help economy, says Philip Hammond

Coronavirus: Lockdown should ease to help economy, says Philip Hammond

Business
Former chancellor Philip Hammond has urged the government to set out its plan to restart the economy. Ministers have been reluctant to discuss a lockdown exit strategy, arguing that it might undermine the message for people to stay at home.Mr Hammond said the country cannot afford to wait until a vaccine is developed and called on the government to start easing lockdown measures.But Conservative MP Damian Green said the government was acting "sensibly". Mr Hammond told BBC Radio 4's Today programme: "The reality is that we have to start reopening the economy. But we have to do it living with Covid. "We can't wait until a vaccine is developed, produced in sufficient quantity and rolled out across the population. The economy won't ...
Philip Green’s Topshop empire plunges to loss

Philip Green’s Topshop empire plunges to loss

Business
Sir Philip Green's Topshop retailing empire plunged to loss last year, blaming a "dramatically" changed retail landscape and increased competition.The business, which also includes Miss Selfridge and Dorothy Perkins, has since agreed a rescue deal with its creditors that triggered 48 store closures.The results for the year to 1 September 2018 show a loss of £169.2m compared with a £49.4m profit a year earlier.Turnover fell 4.5% to £1.8bn.The fall in turnover reflects "the ongoing challenging global market conditions for retailers", the company said.The results are for Taveta Investments, the holding company of the business owned by Sir Philip's wife Tina. If exceptional items and other one-off costs are stripped out the company made an operating profit of...
Philip Green wins key vote for rescue plan ahead of meeting

Philip Green wins key vote for rescue plan ahead of meeting

Business
Sir Philip Green has won the backing of the Pension Protection Fund (PPF) for his plan to rescue Arcadia ahead of a crucial vote on Wednesday.The owner of Topshop has struck a £385m deal to secure its pension schemes, including a £100m contribution from Lady Cristina Green, Sir Philip's wife and Arcadia's largest shareholder.The PPF said it would now "vote in support" of Arcadia's restructure.But the plan, which includes closing 50 stores, needs the backing of landlords.They would have to agree to a rent cut on Arcadia's stores, which also include Burton, Miss Selfridge, Dorothy Perkins and Wallis.The restructuring would be done through a company voluntary arrangement (CVA), an insolvency process that allows a business to reach an agreement with its credi...