Federica Calabrò is a journalist at Parliament News, She is covering Business and General World News. She is a native of Naples, commenced her career as a teller at Poste Italiane before following her passion for dance. Graduating in classical dance, she showcased her talents with two entertainment companies, enchanting audiences throughout Italy. Presently, Federica serves as the general secretary at the Allianz Bank Financial Advisors financial promotion center in Naples. In this capacity, she manages office forms, provides document assistance for Financial Advisors, oversees paperwork for the back office, and ensures smooth customer reception and assistance at the front office. Outside her professional obligations, Federica indulges in her passion for writing in her leisure time.
London (Parliament News) – UK retailers, led by Bira, file £1bn claim against Amazon, accusing it of using vendor data to launch rival products and manipulating access to the “buy box,” harming independent sellers. Amazon denies allegations. Independent UK retailers have undertaken
London (Parliament News) – Investors in Boohoo are seeking over £100m in damages after revelations of labour abuses in 2020 led to a share price plummet. Boohoo contests the allegations, sparking a landmark legal battle. A group of investors in Boohoo are
London (Parliament News) – Whistleblowers allege Standard Chartered processed billions in illegal transactions for Iran-linked entities and terrorist groups. They claim forensic data analysis uncovered hidden transactions, prompting a motion to revive their case in court. Whistleblowers have asserted Standard Chartered allegedly
Leaders from the United States, Argentina, Austria, Brazil, Bulgaria, Canada, Colombia, Denmark, France, Germany, Poland, Portugal, Romania, Serbia, Spain, Thailand, and the United Kingdom have issued a joint statement expressing their deep concern regarding the hostages held by Hamas in Gaza, which
London (Parliament News) – DS Smith’s CEO urges UK election winner to enforce stricter plastic packaging rules and promote green consumption. The company has already replaced over 1 billion plastic pieces ahead of schedule. Whoever succeeds in the UK general election must
London (Parliament News) – Shareholders of Royal Mail and Anglo-American face takeover deadlines, potentially leading to foreign ownership. Czech billionaire Křetínský targets Royal Mail, while Australia’s BHP pursues Anglo-American. Shareholders in Royal Mail’s proprietor and the mining group Anglo American are awaiting
London (Parliament News) – Research reveals that Britain’s brick imports are surging, with each brick’s carbon footprint growing. The UK leads in imports, raising concerns over emissions and sustainability. Britain is importing more of its bricks than ever and the carbon expense
London (Parliament News) – Britain’s interest rates may drop this summer, as the Bank of England considers a decrease due to decreased inflation. Analysts debate whether inflation will rebound, with some foreseeing a rate cut as early as June. Britain’s interest rates
London (Parliament News) – Marks & Spencer is expected to announce a 35% rise in annual profits, reaching £653 million, driven by strong sales in food, clothing, and home sectors. The retailer’s turnaround includes cost-cutting, store closures, and resumed dividends. High street
London (Parliament News) – UK engineering firm Arup lost HK$200m (£20m) to criminals via deepfake video call. The employee was deceived into transferring funds. Arup confirmed financial stability remains intact. Hong Kong police investigation ongoing. The UK engineering company Arup has affirmed
London (Parliament News) – The New Křetínský bid initiates a headache for the UK government amid increasing scrutiny on foreign appropriations of critical infrastructure. The owner of Royal Mail has taken a £3.5bn bid for the postal company from a Czech billionaire
London (Parliament News) – Britain emerges from recession as economy grows by 0.6% in Q1, marking a return to transition. Stronger growth than expected was driven by the services sector, but challenges remain amid predictions of slow recovery. Britain is officially out
London (Parliament News) – The Bank of England holds rates at 5.25%, hints at potential cuts in June due to positive inflation trends and economic outlook. Members divided, two voting for an immediate cut. Governor suggests June cut possible. The Bank of
London (Parliament News) – Alstom plans to raise €1bn to reduce debt, addressing struggles amid delayed orders and concerns about its Derby factory’s future. The move includes a €750m bond issue as part of a €2bn finance plan. How Does Alstom Plan
London (Parliament News) – Car manufacturers call for urgent action to boost electric vehicle sales, as private consumer demand declines despite fleet sales growth. Suggestions include tax cuts, incentives, and expanding charging infrastructure. Car manufacturers have urged for pressing action to reignite
London (Parliament News) – Heineken plans to invest £39m in reopening and renovating nearly 60 UK pubs, targeting suburban locations to attract remote workers and capitalize on changing consumer habits post-Covid. Heineken is to expend £39m on reopening nearly 60 UK pubs
London (Parliament News) – OECD predicts the UK to be G7’s weakest performer in 2025 due to inflationary pressures and skilled labour shortages. The global economic outlook remains modest but improving, with varied growth rates across major economies. Britain will be the
London (Parliament News) – HSBC CEO Noel Quinn resigns after an ‘intense’ five-year term, overseeing better-than-expected profits. A successor hunt begins as the bank looks to sustain growth. Quinn reflects on his tenure and plans. The chief executive of HSBC, Noel Quinn,
Israeli Prime Minister Benjamin Netanyahu has reaffirmed his commitment to launching a ground assault on Rafah in southern Gaza, despite ongoing truce negotiations aimed at reaching a ceasefire. On Tuesday, Netanyahu stated that Israel would destroy Hamas’ battalions in Rafah “with or
London (Parliament News) – Chuka Umunna, a former shadow business secretary and current JP Morgan banker, lobbies Labour on behalf of Czech billionaire Daniel Kretinsky for the acquisition of Royal Mail, sparking controversy and union backlash. Who is Behind the Push for
London (Parliament News) – MPs Question Government Transparency on EU Plant and Food Border Checks Lawmakers express concerns over Brexit border control delays, demanding clarity from the UK government on the phased implementation of checks. MPs have raised concerns over the UK
Russia is continuing its efforts to recruit foreign nationals to join its military for the war in Ukraine, according to a U.K. intelligence update on Monday. The most recent recruitment attempt includes an English-language leaflet inviting foreigners to join a “special” unit
The organizers of upcoming lantern festivals in Birmingham and London have refuted claims that the events are a scam. A trading standards investigation was launched after concerns were raised by ticket holders due to the lack of confirmed event locations. Birmingham City
London (Parliament News) – Bank of England cautious on interest rate cuts as UK PMI strengthens, signaling economic recovery amid inflation concerns. The possibility of a summer cut in UK interest rates was reduced on Tuesday after the Bank of England’s chief
A potential TikTok ban in the US could have a “potentially devastating” effect on some UK businesses, online traders are cautioning. President Biden has signed a bill mandating TikTok’s Chinese owner, ByteDance, to sell its stake in the app within nine months
London (Parliament News) – Brexit import checks delay causes business chaos. Businesses face uncertainty over implementation as the government postpones checks on EU imports. Businesses have conveyed Britain’s Brexit border designs as being in “complete disarray” after it emerged the intro of
London (Parliament News) – UK faces a second year of stagnant living standards, IMF forecasts. Despite expected growth, inflation and economic challenges persist into 2024. UK’s households will bear a second year without any progress in their living standards in 2024 as
For the first time since revealing King Charles’ cancer diagnosis, Buckingham Palace has officially provided an update on his condition. The announcement signals a positive shift, indicating the early stages of recovery, even if full health has not yet been restored. This
London (Parliament News) – The Sun faces a £66m loss, with declining online readership and ongoing phone-hacking litigation costs. Despite challenges, Times Media reports profit growth. The Sun failed £66m last year and its online viewership declined by 4 million readers as
London (Parliament News) – Ted Baker is closing 15 UK stores, resulting in 245 job losses, as it faces administration challenges and seeks new operating partners. The high street fashion brand Ted Baker is to shut 15 stores across the UK with
London (Parliament News) – The parent company of Thames Water defaults on debt, prompting concerns of restructuring or collapse. Shareholders declined £500m to stabilize finances. The parent company of disturbed Thames Water has revealed to its creditors it has defaulted on its
Britain’s economy is projected to grow by 0.8% this year after entering a recession in the latter half of 2023, Finance Minister Jeremy Hunt announced on Wednesday, citing the latest forecasts from the Office for Budget Responsibility (OBR). This new growth figure
Renewed fears of violence spreading to Jerusalem during the Islamic holy month of Ramadan are growing, as efforts to establish a truce between Israel and Hamas remain unresolved. The tension is particularly focused on the al-Aqsa Mosque, one of Islam’s holiest sites,
New Delhi (Parliament Politics Magazine) — As voters lined up to cast their ballots in Telangana’s legislative elections on November 30, 2023, a brief video clip started going viral on social media. The seven-second clip, posted on X by the Congress party,
China has praised its historically strong relations with Russia and called for increased coordination on security, stability, and development in the Asia-Pacific region. This statement, made by China’s foreign ministry on Wednesday, follows a visit to Moscow by Vice Foreign Minister Sun
London (Parliament News Magazine)- As Northern Ireland reports its first case of measles in seven years, the rest of the UK has seen a significant surge in the disease over the past year. The resurgence has raised concerns among health professionals, with
Junior doctors in England will strike from 24 to 28 February over a pay dispute with the government. The British Medical Association (BMA) is demanding a 35% pay increase, which the government has rejected. The strike is expected to disrupt routine hospital
The Princess of Wales has announced that she is undergoing treatment following a cancer diagnosis. In a video statement, Catherine described the diagnosis as a “huge shock” after what she called an “incredibly tough couple of months,” but she offered a positive
Iran’s Foreign Minister, Hossein Amir-Abdollahian, warned that attacks by the “Axis of Resistance” against Israel and its interests will continue if the conflict in Gaza does not end. Speaking at the World Economic Forum in Davos, he stressed that the resolution of
Consultants in England have narrowly rejected the latest pay offer from the government, with 51% voting against the proposal in a ballot with a 65% turnout. The British Medical Association (BMA) is now urging the government to improve the offer, which was
The Kremlin declined to comment on a Bloomberg report on Tuesday that Chinese state-owned banks are tightening restrictions on funding for Russian clients due to concerns over U.S. secondary sanctions, describing the matter as highly sensitive. When asked about the report, Kremlin
Grassroots music venues across the UK, crucial for emerging artists, are at significant risk of closure, warns new research by the Music Venues Trust (MVT). In 2023, financial pressures forced 125 venues to cease live music, with over half shutting down completely.
