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Evening Update Fri 23 June 2017

Terror - A court has sentenced members of the Cannes-Torcy jihadist terror cell, to between one and 28 years in prison, for an attack on a Jewish grocery store in 2012. The cell, named after the towns where its members were based, was accused of having planned several other attacks. In total, eighteen men were found guilty, with the leaders receiving 20 year sentences each, and sentences of 14 to 20 years' given to gang members who had travelled to Syria.

Mayor - In Nice, Eric Ciotti’s rivalry with Mayor Christian Estrosi is set to increase, as he announced his intention to run for the position of Mayor in the next municipal elections.  Meanwhile, Christian Estrosi has presented new public parking measures for the city. From next year, the first 30 minutes parking will be free, followed by an hourly €1.30 charge for the following two hours, the maximum duration allowed in the same space. The fine for not paying for parking will be €16.

Antibes - The quay at Port Vauban in Antibes, which hosts many large millionaire yachts, has been closed to the public. The official reason given is safety concerns for pedestrians and cyclists, who could be in danger with passing delivery trucks. A barrier now prevents tourists, or any non-authorised persons, from entering the quay, which is home to some of the most beautiful, and most expensive yachts, in the world.

BUSINESS

The £18bn UK nuclear power station, being built by France’s EDF at Hinkly Point, has been described as ‘risky and expensive’ in a report by the UK’s National Audit Office. Critics of the deal have warned of the implications of allowing nuclear power plants to be built by foreign governments. State-controlled EDF is funding two-thirds of the project, with China investing the remaining £6bn.

The European Central Bank has put forward a proposal to boost its oversight over euro clearing. The legal amendment would give it a significantly enhanced role in regulating the market. London currently processes most of the trade in this financial sector. Meanwhile, EU countries have officially launched the search for a new base for two key EU agencies; the European Medicines Agency and the European Banking Authority. Both are currently based in London, but must move before Brexit in 2019. It means hundreds of jobs moving away from London, along with significant revenue from hotel stays and conferences. The EU 27 are determined that the UK will pay the relocation costs, as Brexit was a UK decision.

SPORT

Formula 1 - Max Verstappen has led a Red Bull one-two, in a disjointed first practice session at the Azerbaijan Grand Prix today. Title contenders, Ferrari's Sebastian Vettel and Mercedes' Lewis Hamilton, were third and fifth. Meanwhile, teams have been left frustrated after a decision today to extend time by two hours between qualifiers for this year’s United States Grand Prix. The Saturday schedule has been changed to encourage more people to stay on that evening, for a Justin Timberlake concert.

Tennis - Marin Cilic and Sam Querrey have ensured there will be three former champions in the quarter-finals of the Queens Championships after match wins today. Fourth seed Cilic beat 19-year-old American Stefan Kozlov 6-Luv 6-4 while Sam Querrey beat Jordan Thompson, the man who knocked Andy Murray out earlier in the week.

Football - The UK Football Association have announced that over a million pounds in proceeds from this years Community Shield match between Arsenal and Chelsea, will be donated to support those affected by the Grenfell Tower fire. Survivors, families of the victims and emergency services personnel will be invited to the game as guests.

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