
What it's REALLY like cruising with billionaires on the world's most exclusive ship, where apartments cost up to £12 million
'We're not dazzled by wealth and our residents cherish privacy,' says Fernando Arroyo, general manager of The World, the only fully residential cruise ship on the high seas. 'If someone like the Beckhams came along and wanted to buy we would politely say no. They just wouldn't be the right fit. It would become a circus.'
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Sky News
28 minutes ago
- Sky News
Post Office transformation effort gets £118m funding boost
Why you can trust Sky News Efforts to turn around the crisis-hit Post Office have been given a £118m funding boost as the government continues to consider a new ownership structure. Sky News revealed in October last year, as the Horizon IT scandal inquiry neared its conclusion, that a government-commissioned review was to explore the idea of a mutual model. It would effectively see ownership transferred from the government to sub-postmasters, creating a John Lewis Partnership-style structure, if such an option was to be followed through. It's being considered as a way to return public and postmaster trust to the Post Office. The options are to be the subject of a 12 week consultation on the organisation's future. The new £118m subsidy package was being made available, the Department for Business and Trade said, to fund the transformation plan and further investment. "This funding will protect key services, including access to cash deposits and withdrawals as well as key government services, such as passport applications and the DVLA, alongside helping the Post Office deliver cost-saving measures in its Transformation Plan, part of the New Deal for Postmasters", the statement said. Post Office minister Gareth Thomas added: "Post Offices continue to be a central part of our high streets and communities across the country. "However, after 15 years without a proper review, and in the aftermath of the Horizon scandal, it's clear we need a fresh vision for its future. "This Green Paper marks the start of an honest conversation about what people want and need from their Post Office in the years ahead." 2:55 But the general secretary of the Communication Workers Union, Dave Ward, accused the department of lacking sincerity. He responded: "Successive governments have failed the Post Office, its workers and customers - and choosing to use government subsidies for planned redundancies, closures and so-called transformation plans that are nothing more than managed decline. "This Labour Government are unashamedly doing exactly the same as the Tories did - managing the politics of the Post Office, prioritising further cost-cutting and offering no vision for its future." The update was provided as sub-postmasters await further conclusions from the Horizon IT inquiry. The first volume, published last week, highlighted the impact of false theft and false accounting accusations made against at least 1,000 postmasters. It concluded that 13 people may have taken their own lives after being falsely accused of wrongdoing, based on evidence from the IT system that the Post Office and developers Fujitsu knew could be faulty. At the same time, inquiry chair Sir Wyn Williams recommended further action to improve compensation outcomes amid years of frustration over delays and wrangling over the sums due.


The Independent
36 minutes ago
- The Independent
Perceptions around banks have improved since launch of Consumer Duty
Public perceptions about banks have improved since the launch of the Consumer Duty two years ago, which set higher standards of consumer protection, a survey indicates. The Consumer Duty was launched in July 2023, requiring financial firms to put customers at the heart of what they do, including when designing products and communicating with customers. Back in March 2023, YouGov asked people how they felt banks and financial services companies were performing. Just over two years later, it has carried out another survey, indicating improvements in public opinion. In the most recent survey, YouGov recorded 11 percentage-point increases in the proportion of people who believe banks provide information that is easy to understand (rising from 44% in 2023 to 55% in 2025); that banks protect customers from potential harm (from 40% in 2023 to 51%); and that they provide value for money (up from 36% to 47%). There was also a three-point rise in the proportion of people who believe that banks provide good customer service (from 60% to 63%). The proportion of people who believe banks are doing a poor job of communicating risk to consumers has dropped seven percentage points from 47% to 40%. Under the duty, financial firms should provide helpful and accessible customer support, so it is as easy to sort out a problem, switch or cancel a product, as it was to buy it in the first place. They should also provide timely and clear information, helping people to make good financial decisions. Important information should not be buried in lengthy small print. Providers should also offer products and services that are right for the customer and products and services should also provide fair value. Firms also need to consider whether someone is in a vulnerable situation, for example due to poor health or financial troubles. The latest research was carried out in June 2025, among more than 2,100 people across Britain. The 2023 survey involved 2,000 people across Britain.


BBC News
40 minutes ago
- BBC News
Trump will be hosted by King at Windsor during second state visit
US President Donald Trump has formally accepted an invitation from King Charles to come to the UK for a state visit for a second time. Mr Trump's first state visit was back in 2019, hosted by Queen Elizabeth during his first term in time the president and his wife, First Lady Melania Trump, will come to the UK from 17 to 19 September for the event, which will be held at Windsor Palace, which is where the Royal Family normally hosts guests, is currently undergoing renovations. To be invited for a state visit twice is something that hasn't happened to a US president before. This kind of visit is a big deal and includes a full ceremonial welcome and a state presidents are normally invited for tea or lunch with the monarch, which is a less formal senior members of the Royal Family are expected to be there, including the Prince and Princess of Wales and their children George, Charlotte and Louis, who live on the grounds of the castle. French President Emmanuel Macron was hosted by the King at Windsor last week. This was the first time a state visit had been held in the family's home in Berkshire for more than ten in April, President Trump said: "I'm a friend of Charles, I have great respect for King Charles and the family, William. We have really just a great respect for the family."Prime Minister Sir Keir formally presented the invitation from the King to Mr Trump for the second state visit during a meeting in the Oval Office in have said part of the reason President Trump has been invited again is because the UK government are hoping it will help build a stronger relationship with the could mean he would be more likely to listen to the UK's concerns about the war in Ukraine and lessen the tariffs placed on British exports to the US.