News
WATCH – Queen Elizabeth’s glorious Platinum Jubilee events so far
Queen Elizabeth beamed with joy as she stood on the iconic Buckingham Palace balcony to kick off a weekend dedicated to her remarkable 70 years on the throne
Her Majesty Queen Elizabeth has officially lit the Platinum Jubilee Beacon to mark a truly remarkable 70 years on the throne.
The lighting of the beacon
The beacon lighting follows a day of pomp and ceremony, with the Queen putting on a brave face after suffering from mobility issues.
Queen Elizabeth has confirmed she will not be attending the upcoming Jubilee service at St Paul’s Cathedral, pulling out last minute after suffering discomfort.
In a statement, Buckingham Palace says the decision was made ‘with great reluctance’ after considering both the journey to the cathedral and the activity required.
The Palace says the onset of discomfort followed Thursday’s Birthday Parade event, with Prince Charles representing his mother at the ceremony instead.
But the monarch had vowed to light the beacon, and that is exactly what she did.
Taking great care as she walked out onto the grass of Windsor Castle, she is seen using a cane for support.
This particular event is an important tradition for special royal occasions, including jubilees, weddings, and coronations.
Her Majesty Queen Elizabeth has previously had a beacon lighting for her Silver, Gold and Diamond Jubilees, and her 90th birthday in 2016.
Trooping of the Colour
The four days of celebrations began with Trooping of the Colour, with Her Majesty smiling at thousands of her adoring supporters and fans.
The Queen could hardly wipe the smile from her face, receiving rapturous applause from the crowd below.
The 96-year-old was joined on the balcony with her fellow senior royals including Prince Charles, Prince William, Kate Middleton, and their children.
It was the Prince Louis show, with the young royal unimpressed by the noisy air display.
Meanwhile, Prince Harry, his wife Meghan Markle, and embattled royal Prince Andrew were noticeably missing from the occasion.
Elizabeth had previously made a decision to reserve the balcony for working royals only.
1,200 officers and soldiers, mounted troops from the 1st Battalion and Irish Guards were accompanied by 400 musicians and 240 horses for the spectacle.
And as the sun shone across London and the sky turned red, white, and blue – there was just one person on everyone’s mind, with revelers from Commonwealth countries right around the globe paying tribute to their remarkable Queen.
News
AI shake-up hits classifieds: Rightmove and REA face market threats
AI disrupts classifieds market, impacting valuations and strategies for survival—experts share insights on adapting to change.
AI disrupts classifieds market, impacting valuations and strategies for survival—experts share insights on adapting to change.
AI is sending shockwaves through the classifieds market, wiping billions from valuations and raising questions about the future of major players like Rightmove and REA Group. Investors are now closely watching how technology like ChatGPT could reshape the way online classifieds operate.
Experts weigh in on how AI could disrupt traditional business models, and what companies must do to stay competitive in a rapidly changing landscape. From adapting strategies to embracing innovation, the classifieds industry faces pivotal choices in the age of artificial intelligence.
We speak with Darren Woolley on the potential risks, investor reactions, and strategies that could determine which companies survive—and which might thrive—amidst this AI-driven transformation.
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#AIImpact #Rightmove #REAGroup #Classifieds #TechDisruption #ChatGPT #MarketTrends #DigitalInnovation
News
Private sector jobs fall as ADP reveals major slowdown in November
ADP reports a surprising decline in November private sector jobs, raising concerns about labor market resilience and consumer sentiment.
ADP reports a surprising decline in November private sector jobs, raising concerns about labor market resilience and consumer sentiment.
ADP has revealed a surprise decline of 32,000 private sector jobs in November, signalling renewed pressure across the labour market. Small businesses in particular have been hit hardest, raising fresh concerns about resilience heading into the new year.
Economists warn that slowing hiring momentum and weakening pay growth point to a broader shift in worker demand. With consumers increasingly expecting unemployment to rise, sentiment across industries continues to cool.
The market now turns its attention to the upcoming Bureau of Labor Statistics report, which will offer a crucial read on whether this slowdown is temporary—or a sign of something much larger.
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#ADP #JobsReport #LabourMarket #EconomyNews #SmallBusiness #HiringTrends #Wages #TickerNews
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Australia warned of major electricity price surge without faster renewable rollout
Australia may face a 13% electricity price hike next decade without faster renewable energy project implementation, warns energy watchdog.
Australia may face a 13% electricity price hike next decade without faster renewable energy project implementation, warns energy watchdog.
Australia’s energy watchdog is warning that households could be hit with a 13% jump in electricity prices early next decade if renewable energy projects don’t accelerate. The Australian Energy Market Commission says the next five years will be critical to boosting clean generation and battery storage.
While a modest 5% drop in power bills is expected over the short term, delays in wind projects and transmission updates could see prices climb by as much as 20%. Energy Minister Chris Bowen also cautions that extending the life of ageing coal plants could push costs and pollution even higher.
Experts say that faster renewable construction could cut future prices by up to 10%, and that widespread electrification could transform long-term household savings.
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#PowerBills
#CleanEnergyTransition
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#EnergyPolicy
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