Market Wrap: All-Share Index drops 52 Points; UPL leads gainers, HONYFLOUR heads decliners
TEHRAN – The UK Foreign Office says is prepared to trigger snapback sanctions against Tehran in a move that reaffirms the West’s continued hostilities against Iran’s peaceful nuclear program. The mechanism, outlined in the 2015 Iran nuclear deal, allows for the reimposition of UN sanctions on Iran if it violates the terms of the agreement. A spokesperson for the UK Foreign Office told the BBC: “We, alongside our international partners, continue to express serious concerns over Iran’s nuclear activities. Through multiple diplomatic channels, including the United Nations and the quarterly meetings of the International Atomic Energy Agency (IAEA) Board of Governors, we are working tirelessly to de-escalate tensions and ensure compliance with global nuclear standards.” The statement was issued in response to reports of upcoming negotiations on Friday between Iran and the three European signatories of the Joint Comprehensive Plan of Action (JCPOA)—France, Germany, and the UK. The Joint Comprehensive Plan of Action (JCPOA), signed in 2015, was an agreement between Iran and the P5+1 nations aimed at curbing Iran’s nuclear program in return for the lifting of sanctions. However, the deal began unraveling in 2018 after the U.S., under President Trump, unilaterally withdrew and reimposed sanctions as part of a “maximum pressure” strategy. Iran initially continued to adhere to its JCPOA commitments despite Washington’s exit, but by 2020, it started reducing compliance after European countries aligned with the U.S. in pressuring Tehran. The UK Foreign Office spokesperson highlighted the UK's deep concern over Iran’s alleged expanding uranium reserves. “We are deeply concerned that Iran continues to increase its uranium stockpile, including highly enriched uranium that has no plausible civilian use,” the spokesperson said. Despite international concerns, Iran has consistently denied pursuing nuclear weapons. Iranian officials maintain that their nuclear program is strictly for peaceful purposes, including energy production and medical applications. On Thursday, the International Atomic Energy Agency (IAEA) adopted a resolution denouncing Iran for what it called a lack of cooperation.The first inclement weather of the season led to a multi-vehicle crash on the 401 near the Ridgetown exit last Thursday that sent five people to the hospital. The Elgin Ontario Provincial Police and Chatham-Kent Emergency Services responded to the 401 near Victoria Road around 4 p.m. for accidents involving nine vehicles in both lanes. A total of 12 people were involved in the collision, and five of those were transported to the hospital with non-life-threatening injuries. Both eastbound and westbound lanes were shut down for about two hours, and both on-ramps at Victoria Road were shut down to remove vehicles and allow the OPP to conduct their investigation. The highway closure led to increased traffic on local detour routes. “A small weather system moved through the area at the time that resulted in a rapid change in road and weather conditions, undoubtedly contributing to the collision,” said OPP Constable Brett Phair in a video on social media. Phair said the multi-vehicle collision is a reminder to motorists to be prepared for sudden weather changes as the winter season begins. “You need to be aware that the weather, road conditions, traffic conditions can always change on a dime, but especially this time of year, unexpected and rapid changes are going to happen,” Phair said. “We need everyone to remain vigilant and make the adjustments that are necessary to make sure you get home safely to your families.” The OPP and Chatham-Kent Police Service also attended numerous weather-related collisions in the area of Highway 40 and Electric Line, south of Wallaceburg, the same day.
The party has lodged a series of amendments to the Social Security (Amendment) (Scotland) Bill looking to reinstate the Winter Fuel Payment for the majority of pensioners and set up a tapering mechanism for the highest earners. It comes after leader Anas Sarwar had his group of MSPs vote against a Holyrood motion calling on the UK Government to reverse its cuts to the payments. Only two Scottish Labour MSPs voted with the Government : former Scottish Labour leader Richard Leonard and MSP Alex Rowley. READ MORE: Labour's Anas Sarwar named Scottish Politician of the Year Scottish Social Justice Secretary Shirley-Anne Somerville (below) has said the "hypocrisy" of Scottish Labour is "staggering". She posted on Twitter/X: "14 Labour MSPs voted AGAINST a motion last month that demanded the UK Gov reverse its Winter Fuel Payment cut. "Now, they want @theSNP to clean up the mess that their own party created down at Westminster . "The shamelessness of their hypocrisy is staggering." SNP Westminster leader Stephen Flynn said the move was "Sarwar announcing to Scotland that he is too weak to persuade Starmer". SNP MP Pete Wishart branded Scottish Labour's U-turn "beyond bizarre" and said: "'Scottish' Labour are now gaslighting a nation." An SNP staffer also said: "This is extraordinary. It was Scottish Labour MPs in Westminster who voted to remove the Winter Fuel Payment in the first place. "In October, the SNP tabled a motion in Holyrood calling on the UK Government to reverse the decision Anas Sarwar and Scottish Labour voted against it." Greens activist Iris Duane said: "Your MPs voted to remove it. Every single MP in Glasgow voted to freeze pensioners." She asked: "Have you changed your mind? Or does Scottish Labour think pensioners south of the border are worth less?" Glasgow councillor Christina Cannon also reacted, stating: "Scottish Labour went from ‘vote Labour to stop the Tories ’ to ‘vote Labour to stop Labour’ very quickly." READ MORE: Will voters buy Scottish Labour's screeching U-turn on winter fuel? Another said the move by Labour was "truly disgusting politicking", adding: "Every Scottish Labour MP voted to cut the Winter Fuel Payment at Westminster, resulting in a cut to the Scottish Government budget. "Vote to cut the budget then attempt to force the Scottish Government to pay the Winter Fuel Payment from a smaller budget?" MSPs will vote on Scottish Labour’s proposals during Stage 3 of the Social Security (Amendment) (Scotland) Bill on Tuesday, December 3.We've noticed that many retailers are starting their 'Boxing Day' sales earlier than ever in recent years. One such brand, famous for its iconic footwear, has launched its discounted range, offering up to 40% off. The Dr Martens sale was initially launched only for those subscribed to the brand's newsletter for 'early access', but is now available to everyone. This pre-Christmas treat includes a wide variety of styles, from the classic 1460 boots and loafers to accessories like bags and even insoles, all massively reduced. The Dr Martens sale runs until January 27 at 5pm, giving you plenty of time to browse. However, we anticipate that many styles will sell out quickly, so it's best to be proactive and secure your favourite design before it's gone. READ MORE: Zara Tindall's Christmas Day burgundy handbag is still available to buy and comes in four colours READ MORE: Charlotte Tilbury launches Boxing Day sale with up to 40% off makeup and skincare favourites For example, you can get a pair of the 1460 Pascal Fleece Lined Leather Boots - perfect for the colder weather - for £133, down from £190, saving you a hefty £57. These shoes, available in a gorgeous chocolate brown or black, are still in stock in sizes 3 - 13 and feature a welted slip-resistant WinterGrip outsole. Naturally, they're finished with the iconic yellow stitching and branded heel tab, but these 1460 style boots also boast a fleece lining for added warmth. The shoes are water-resistant and feature an oiled finish that adds a touch of character. Customers who have bagged these beauties claim they require no breaking in period, dubbing them as 'the best [I've] ever had'. Fancy a fur-lined boot for extra snugness? The 1460 Serenas are currently discounted by 30%, now priced at £126 instead of £180. Sporting a tan finish, these popular 8-eye boots are lined with WarmWair faux fur in a contrasting cream. There's also a Chelsea boot style available for £126, exuding equal elegance. Alternatively, if you're not fussed about the lining, grab these 1460 Vonda Mono boots , reduced from £180 to £126, which maintain the same 8-eye lacing, mustard yellow stitching and 1460 style, but the shoes are adorned with a beautiful embroidered flower design that gives them a unique flair. Still available in all sizes - 3-9 - get them here . If you're in the market for some Oxford shoes, Dr Martens' 1461 patent leather shoes might just be what you're looking for. They've been reduced to £98 from their original price of £140. While there are still sizes available in white, there's a wider range of sizes in stock for the bold and shiny black patent pair. You can grab them here. Not keen on the patent style? The 1461 Carrara Leather Oxford Shoes are available for £69 - that's a 50% saving from its usual £139. Still in stock in sizes 6 to 13 (with only 6.5 out of stock), these shoes are made from veg tan leather and feature a traditional bouncing air sole, making them super comfortable. Fans have praised the shoes for being 'robust, stable, and aesthetically pleasing', which is always advantageous - however, some people have reported that the shoes can rub a little, so it is recommended to break them in before wearing them for extended periods. As a huge DMs enthusiast, I have been eyeing a pair of Jorge II mules to add to my collection all year, and I am thrilled to see a selection of colours discounted - a sign that I should make a purchase. For example, the Hair-on Slingback Mules in bold zebra print are reduced to £84 from £140, while the olive and tan Nubuck Leather Slingback shades are currently £78 instead of £130. These mules are incredibly versatile, with two adjustable straps and the ability to wear the shoes with the ankle strap positioned forward (like a slider) or around the ankle for stability, making them easy, comfortable, and pretty cool. Shoppers are raving about a particular shoe, with one fan gushing: "Absolutely obsessed with these. They're comfortable straight out the box! I'm usually a 6.5 or 7 in shoes but I'm a 6 in Dr martens unisex styles. I'm a 6.5 in womens docs. I love how versatile these mules are. Currently styling them with wool socks!" However, it's worth noting that some people found the sizing to be a bit generous. If you're looking to get a head start on the summer season, the brand's popular Blaire Tumbled Nubuck Leather Sandals are currently discounted by 30%, now priced at £77 instead of £110. Available in understated olive, tan and black, these chunky sandals are not only stylish but also super comfy. Made from soft tumbled nubuck leather, they feature adjustable branded buckles and sit on a lightweight Zebrilus sole. The brand has also cut prices on several accessories, including its Kiev Leather Box Laptop Backpack , now £126 (down from £180). Crafted from durable DM-standard leather, this roomy backpack is ideal for carrying everything from your laptop to your water bottle. Also up for grabs in the sale is the brand's mini 5-inch smooth leather satchel bag , now just £42, which certainly 'packs a punch'. The product description reveals: "Built from a combination of Kiev and smooth leather and featuring Dr. Martens lettering and webbing inspired by our classic AirWair heel loop, the bag is fitted with adjustable dual straps including a chain for a secure fit." Bargain hunters can also pick up some colourful laces in the sale to add a splash of colour to existing boots for £1.50. Check out Dr Martens' amazing end of year sale here . But Dr Martens isn't the only place for shoe savings; Schuh's sale is also on now with discounts of up to 60% off on brands like Converse, Crocs, and more. Debenhams is another hotspot for deals, currently showcasing a selection of shoes on offer, reports Wales Online .
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