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Trusst issues: Charting the briefest British premiership

Trusst issues: Charting the briefest British premiership

Trusst issues

Liz Truss resigned from her post as UK prime minister yesterday after just 45 days in office, making her the shortest-serving PM in British history. It’s official: the lettuce won.

The Truss tenure was marred by major U-turns, botched political plans, and economic missteps which saw the pound sink to a historic low in September, falling close to parity against the US dollar ($1.03).

Unpopularity contest

Taking over from a scandal-hit Boris Johnson, Liz Truss got the keys to Number 10 at an already-tumultuous time with rising inflation, soaring energy bills, and international instability. However, despite starting in marginally better standing with the public, by the 16th of October — after just over 5 weeks at the helm — the PM had a net favorability level of -70%, making her the least popular British leader since polling began.

Former-chancellor Rishi Sunak now looks likely to become the third British prime minister of the year, though some bookies and Tory politicians are backing a surprise Boris Johnson comeback.

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Starbucks sells control of China business for $4 billion

Starbucks disclosed on Monday evening in a regulatory filing that it will sell control of its ailing China business to Boyu Capital for about $4 billion.

Under the agreement, Boyu will own a 60% stake in the China segment, which will become a joint venture between Boyu and Starbucks. The coffee chain will retain a 40% interest in the entity and will continue to own and license the brand and intellectual property.

Bloomberg reported earlier this year that the company was looking to sell its China segment. The American coffee giant has struggled to succeed in China, its second-largest market after the US.

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John Wayne Airport in Orange County tops the list of North America’s favorite airports

Despite a record year of passenger numbers, flight cancellations, and delays, a new survey has revealed that flyers have been increasingly satisfied about their experiences in North American airports. 

According to this year’s North America Airport Satisfaction Study from data analysts at J.D. Power, overall passenger satisfaction scores were up 10 points (on a 1,000-point scale), largely from “improvements in food, beverage and retail and ease of travel through the airport.” The annual survey measures overall traveler satisfaction across the region’s airports in seven categories (in order of importance): ease of travel, level of trust, terminal facilities, airport staff, airport departure experience, food and retail, and airport arrival experience.

Here are the regions favorites:

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