Britons Swap Beach Holidays for City Breaks as Rate Rises Bite
British holidaymakers are trading longer beach vacations for shorter city breaks this summer to save money as they
2023-07-22 13:23
Cocoa Factories Are Slowing Down, Spelling Trouble for $117 Billion Chocolate Industry
Cocoa factories around the world are slowing down fast, a sign that the worst is still to come
2023-07-22 01:53
Max Verstappen gives hope to rivals after coming 11th in Hungarian GP practice
Max Verstappen handed his rivals the slimmest of hopes that he could be beaten at Sunday’s Hungarian Grand Prix after he finished only 11th in practice. The dominant Dutchman, who has won eight of the 10 rounds so far and six in succession to establish a 99-point lead in the standings, has mastered all conditions this season. But Verstappen unusually ended the sole dry running here six tenths back from Ferrari’s Charles Leclerc, with McLaren’s Lando Norris – fresh from his impressive second place at the British Grand Prix – 0.015 seconds adrift of the scarlet car. Lewis Hamilton was 16th with Mercedes team-mate George Russell 20th and last on a topsy-turvy day at the Hungaroring. Despite Verstappen being off the pace, times in practice must be treated with a degree of caution as different setup and fuel loads are trialled. It is also worth noting that a number of the top teams will have held back fresh rubber following the reduction of tyre allocation from 13 sets to 11 here. Verstappen’s team-mate Sergio Perez took two wins from the opening four, but the Mexican has been on a torrid run since, and his bad form continued when he crashed out of first practice. The opening one-hour running of the weekend was dry and barely a few minutes old when Perez – on his first lap – lost control of his Red Bull and ended up in the wall. The Mexican put two wheels on the grass under braking for the fifth corner, sending him into a pirouette and into the tyre barrier. Perez was unharmed in the accident but he sustained significant damage to the front of his machine. It also denied the rest of the field any dry running as the heavens opened with the red flags deployed to recover Perez’s wounded machine. The 33-year-old is under increasing pressure at Red Bull following five-consecutive qualifying sessions in which he has failed to make it into Q3. On each of those occasions, Verstappen has scored pole position in the other Red Bull. Daniel Ricciardo’s comeback at Red Bull’s junior team AlphaTauri is also likely to be playing on Perez’s mind, with the Australian admitting he is daring to dream about the possibility of a return to the grid’s all-conquering team. Perez was able to take part in the day’s concluding action but he locked up and flat-spotted his front-right tyre and could manage only 18th, 1.3 sec slower than Leclerc. Ricciardo, back in the saddle in place of the sacked Nyck De Vries, has a dozen races to prove he still possesses the prowess which carried him to eight wins. He finished 14th in his first outing since last year’s season-ending Abu Dhabi Grand Prix, seven tenths back and 10 places behind his new team-mate Yuki Tsunoda. Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Like someone cut my heart out – Claire Williams on sale of father’s F1 team Daniel Ricciardo dreaming of Red Bull return ahead of F1 comeback How does Max Verstappen and Red Bull compare to the greats of Formula One?
2023-07-22 01:16
Nervous, Checo? Sergio Perez crashes in practice as Daniel Ricciardo returns in Hungary
Two practice laps. That’s all it took for Sergio Perez to show – much to his own astonishment – how the Red Bull pendulum has swung ahead of this weekend’s Hungarian Grand Prix. From a position of such strength three months ago off the back of two wins in four races, the Mexican’s spot at the runaway leaders in Formula 1 looks to be shrouded in more doubt as the weeks go on. On Friday, barely five minutes into first practice at the short and twisty Hungaroring in Budapest, Perez inexplicably clipped the grass and crashed heavily into the barrier at turn five. The shunt is a sign of the times. As much as everyone at Red Bull insist the 33-year-old will remain with the team until at least the end of his contract and the end of the 2024 season, Christian Horner and Helmut Marko have shown they won’t wait. Patience is not a virtue adhered to at Red Bull. First, there’s been Perez’s own bad form. Since qualifying on pole in Miami at the start of May, he has not made the final qualifying session in five attempts; three of those have been an overwhelmingly poor Q1 elimination. Whilst the Mexican is second in the world championship, he is 99 points behind Max Verstappen in the same machinery. Results in comparison to your team-mate remain the ultimate barometer in F1 and right now, Perez is woefully short of pace and consistency. And second, here comes Daniel RIcciardo. The Australian, so forlorn of confidence in his final year at McLaren in 2022, is back in the sport having replaced Nyck de Vries at Red Bull’s sister team AlphaTauri. More significantly, the looks a figure completely rejuvenated for his eight months off. Having told The Independent that race wins and a world championship remains his ultimate goal, the popular Australian did not wilt when asked if a Red Bull seat – perhaps as soon as 2024, more likely in 2025 – was the long-term target. “It’s kind of another chance to make things better,” Ricciardo said in Budapest. “I think that’s why I was excited to get back behind the wheel and just kind of show my true self. Even the thought of that excites me. “Obviously the dream is a Red Bull seat. Of course that was my wish, but you need to be realistic, and if I want to get back into Red Bull it will be a process, and this is the best path for me at the moment.” That path starts with beating AlphaTauri team-mate Yuki Tsunoda in the remaining 12 races this season, in what is distinguishably the worst car on the grid. In his first running in 2023, Ricciardo was 14th in second practice on Friday, while FP1 earlier in the day was foiled by a few red flags and variable weather, rendering it largely irrelevant in terms of action. As for Perez, he was only 18th-fastest in second practice, ahead of an alternative qualifying format on Saturday where each of the three sessions will require a different tyre. Charles Leclerc was fastest for Ferrari, with Lando Norris second for McLaren and Alpine’s Pierre Gasly in third. Max Verstappen could only manage 11th in a session which was difficult to read, though Mercedes really struggled – Lewis Hamilton was only 16th on the leaderboard and last year’s pole-sitter George Russell was dead last. A tough day to decipher. Expect Verstappen’s usual season dominance to return over the weekend, especially with a package which should improve the RB19’s already imperious aerodynamic performance. One element which was not hard to read, though, was Perez’s current anxiety in the cockpit. And a need to reverse his damaging slide, for his own sake, as soon as possible. Read More Daniel Ricciardo is back - and this time he wants to go out on top Sergio Perez crashes out of practice in more woe for Red Bull driver Lewis Hamilton reacts to Nyck de Vries axing: ‘That’s how Red Bull work’ F1 Hungarian Grand Prix LIVE: Practice updates and FP2 results as Ricciardo returns What time is qualifying at the Hungarian Grand Prix on Saturday? F1 2023 race schedule: When is the Hungarian Grand Prix?
2023-07-22 00:55
Terra Firma’s Hands Steps Down as CIO After Two Decades in Role
Guy Hands has stepped down as chairman and chief investment officer of Terra Firma after more than 20
2023-07-22 00:23
More woe for Sergio Perez as Red Bull driver crashes out of practice in Hungary
Sergio Perez’s torrid run of form continued at the Hungarian Grand Prix after he crashed out of a rain-hit opening practice. George Russell led the way in the wet conditions for Mercedes at the Hungaroring, 0.359 seconds clear of McLaren’s Oscar Piastri, with Aston Martin’s Lance Stroll third and Lando Norris fourth. Only 13 of the 20-strong field posted a competitive lap, with championship leader Max Verstappen and seven-time world champion Lewis Hamilton not risking the possibility of damage. The first one-hour running of the weekend was still dry, and barely a few minutes old, when Perez lost control of his Red Bull and ended up in the wall. The Mexican put two wheels on the grass under braking for the fifth corner, sending him into a pirouette and into the tyre barrier. Perez was unharmed in the accident but he sustained significant damage to the front of his machine. Perez is under increasing pressure at Red Bull following five consecutive qualifying sessions in which he has failed to make it into Q3. On each of those occasions, Verstappen has scored pole position in the other Red Bull. Indeed, Verstappen, who has won eight of the opening 10 rounds and six in succession, has already moved 99 points clear of his struggling team-mate. Daniel Ricciardo’s comeback at Red Bull’s junior team AlphaTauri is also likely to be playing on Perez’s mind, with the Australian admitting he is daring to dream about the possibility of a return to the grid’s all-conquering team. For now, Ricciardo has a dozen races to prove his credentials. However, the eight-time grand prix winner was among those who elected not to set a timed lap on Friday. The red flags were deployed to deal with Perez’s stricken car and then the rain arrived. The slippery conditions caught out Carlos Sainz after he lost control of his Ferrari on the exit of turn three. The Spaniard spun across the track and grazed the wall on the opposite side of the circuit before becoming stuck in the grass. A second red flag was required as marshals assisted in helping Sainz return to the pits with front-wing damage on his scarlet machine. Friday’s concluding session takes place at 5pm local time (4pm BST).
2023-07-21 21:19
German crime family member issues plea for missing lion
The search is intensifying for a suspected wild animal in the southern outskirts of Berlin.
2023-07-21 18:48
F1 Hungarian Grand Prix LIVE: Practice updates and lap times as Daniel Ricciardo returns
The Formula 1 paddock returns to Budapest this weekend for the Hungarian Grand Prix at the popular Hungaroring circuit. Max Verstappen is looking for a seventh grand prix victory in a row at a track where he won last year from 10th on the grid. The Dutchman is cruising to a third world championship this season, currently holding a 99-point to Red Bull team-mate Sergio Perez in second. EXCLUSIVE INTERVIEW: Daniel Ricciardo is back – and this time he wants to go out on top Yet the biggest talking point this weekend is Daniel Ricciardo’s return to the grid with AlphaTauri. The Australian, dropped by McLaren last year, replaces Nyck de Vries for the remainder of this season and starts at a track where he claimed his second F1 victory in 2014. Lando Norris will be hoping to back up his strong performance for McLaren at Silverstone two weeks ago, a race where Lewis Hamilton finished third for Mercedes. Hamilton is an eight-time winner in Hungary. Follow live updates from the Hungarian GP with The Independent Read More Lewis Hamilton reacts to Nyck de Vries axing: ‘That’s how Red Bull work’ Daniel Ricciardo is back - and this time he wants to go out on top Nyck de Vries breaks silence after AlphaTauri exit
2023-07-21 17:24
Like someone cut my heart out – Claire Williams on sale of father’s F1 team
Claire Williams said selling the family’s Formula One team is a grief that has been difficult to come to terms with, admitting it has felt like someone cut her heart out and never gave it back. Claire, 47, has been an F1 outsider for coming up to three years following the sale of the team founded by her father Sir Frank Williams to American investment firm Dorilton Capital for £136million. She resigned as de facto boss at the 2020 Italian Grand Prix, while Frank – who extraordinarily took his motor racing team from an empty carpet warehouse to the summit of the sport – died a year later. “When I left in Monza it felt like someone cut my heart out and it has never been returned,” said Claire, in an interview with the PA news agency ahead of Williams’ 800th race at this weekend’s Hungarian Grand Prix. “You just have to find something to put in its place. But it was very difficult then and three years on, it is still really hard. “It is just one of those griefs that is really difficult to get over, or to come to terms with. Now we have lost Dad, it sometimes feels as though it was just a dream. Did that period in our lives really happen?” Sir Frank oversaw 114 victories, 16 drivers’ and constructors’ world championships and became the longest-serving team boss in the sport’s history. His story is made all the more remarkable by a horrific car crash which left him with injuries so devastating doctors considered turning off his life-support machine. Until his death in 2021, he was recognised as the world’s oldest surviving tetraplegic. Frank, who lived at the team headquarters in Grove, Oxfordshire, handed over the managerial baton to daughter Claire in 2013. She guided the team to a brilliant third in the constructors’ championship, behind the financial muscle of Mercedes and Ferrari over the following two years, before a lack of major investment contributed to Williams’ decline. A decade has passed since a Williams driver last won a race. “There was so much that went on in those last few years, which to this day I will never be able to talk about,” continues Claire. “But I saw the team through three very difficult seasons and I was able to hand over something that was still living and still breathing to someone with deeper pockets than us. We kept everyone in jobs, we didn’t go into administration and I am very proud of that. “When I have challenging circumstances I bury my head in jobs and when we sold Williams, my next concern was, where did Dad go? “As much as Dorilton were kind enough to say he could always live at the factory, I needed him close to me. And coincidentally the house next door to us came up for sale, so we moved Dad in. “I managed his care team. I made sure he was happy and comfortable in his new home and we went off and did some nice stuff together. He would pick up my little one, Nate, from nursery. “But then he got sicker, greater care was required to look after him and he passed away. But for the next six months, we organised this wonderful memorial service. We then decided to move house, renovating our old house in Ascot and our new home in South Downs. “So, I am the master of distraction. Life carries on. And as much as I miss Williams, and I miss Formula One dreadfully, there is a whole other world out there. You have to go and find happy elsewhere. That is what I have done.” However, Claire discovered her zen state is disrupted by watching the sport she loves. She will not tune in on Sunday to see Alex Albon and rookie Logan Sargeant scramble for a point or two under the tutelage of new team principal James Vowles – an appointment Claire said her father would have approved of – in Williams’ landmark race. “I turned on the TV to see Alex had scored a point in Australia earlier this year,” she continued with a broad smile. “Ted’s Notebook was on and Ted [Kravitz] grabbed James and said, ‘mate, congratulations, you are only Williams’ third team principal and you have got a point. How does it feel?’ “And I was like, third team principal? That is Frank, that is Jost [Capito] and that is James, what about me? Ted has just cancelled me on national television! “I may not have been called team principal but I operated that way and I have literally just been erased. I turned it straight off and vowed never to watch again. “But I tried watching the last race at Silverstone. I thought to myself, ‘Right, I am going to do this. Come on’. But I watched the formation lap and that was that. I lasted five minutes. “I don’t know what it is, but if you talk to any person who has worked, lived and breathed Formula One – no matter if that is for 20 years or 20 minutes – it does something to you. It absorbs you, and when you leave, particularly involuntary like I did, it is very difficult to watch it and not feel that loss.” Claire dovetails speaking engagements and “top-secret television projects” with her role as brand ambassador for Williams Advanced Engineering. Earlier this year, she launched the Frank Williams Academy in her father’s honour. The project aims to raise £1.5m to help educate and train those affected by spinal cord injuries. She also revealed Sky offered her the chance to return to the F1 paddock as a pundit. “It was too soon,” said Claire. “It is better when you leave, you leave. “Unless someone said to me, ‘Come back and be a team principal and you can have Williams back’, I don’t necessarily think there is a job I would want, but never say never.” Read More Charity boss speaks out over ‘traumatic’ encounter with royal aide Ukraine war’s heaviest fight rages in east - follow live Daniel Ricciardo dreaming of Red Bull return ahead of F1 comeback How does Max Verstappen and Red Bull compare to the greats of Formula One? Lando Norris ‘honoured’ to join Lewis Hamilton in battle for Formula One glory
2023-07-21 16:51
UK Retail Stocks in Focus After Sales Surprise: The London Rush
UK retail companies were in for a pleasant surprise this morning, with data from the Office for National
2023-07-21 15:57
UK’s Hot June Delivers Unexpected Boost for Retail Sales
Britain’s hottest June on record helped lift retail sales, pushing consumers into department stores and supermarkets to spend
2023-07-21 14:50
Brazil's Embraer plans to build electric flying taxi factory near Sao Paolo
Embraer says it will build electric aircraft with hopes they will take flight from 2026.
2023-07-21 09:20