Ian King hears from Chancellor Jeremy Hunt, who says the government will do whatever it takes to bring down inflation, even if that means a recession. He also speaks to Nick Harding, the chief executive of consumer lender Fluro as analysis by PwC shows total household debt in the UK has exceeded 2 trillion pounds
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As a sullen Conservative party resumed its favourite displacement activities this week – arguing over the entrails of Boris Johnson’s political career while taking chunks out of the civil service – few were paying attention to the only graph that matters in British politics The cost of government borrowing – a measure of whether global
Boris Johnson has insisted the fresh claims he broke lockdown rules are “total nonsense” and that elements of his ministerial diary were “cherry picked and handed to police”. The former prime minister was confronted by Sky News about the allegations as he made his way through the Dulles International Airport in Washington following a brief
In this article META AMZN MSFT GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Mark Zuckerberg, chief executive officer of Meta Platforms Inc., left, arrives at federal court in San Jose, California, US, on Tuesday, Dec. 20, 2022. David Paul Morris | Bloomberg | Getty Images Toward the end of 2022, engineers on Meta’s team combating
A union representing civil servants has suspended its ballot to strike to enter new talks with the government. The FDA – which represents members of the Civil Service up to the permanent secretary level – made the announcement today. The move could put pressure on other unions representing civil servants to return to the negotiating
The government finds its hands somewhat tied at present on measures it can take to boost economic growth. The parlous state of public finances – the government borrowed £25bn alone in April – means that neither meaningful tax cuts nor increases in public spending that lift productivity are feasible just now. So it is no
F-16s are on the way to Ukraine. US President Joe Biden‘s approval of the move at the G7 conference will certainly provide Ukraine with some much-needed aerial firepower – but combat air power is heavily dependent on modern technology and some F-16s are vintage jets. When the F-16 Fighting Falcon first flew in the late
At least two people have been killed after a Russian missile strike hit a health clinic and a veterinary building in eastern Ukraine, officials have said. Video footage showed a severely damaged site with smoke pouring out of it, following the attack in the city of Dnipro on Friday. Most of the upper floor of
“Iron Woman” is the name given to Mutlu Kaya by her almost two million TikTok followers, due to the bullet in her brain. She is a social media star, a heroic figure to her followers. But this isn’t how she wanted to find fame. In May 2015, aged 20, Mutlu was a finalist on the
Britain’s largest building society has made some mortgages more expensive as the Bank of England’s interest rate is now expected to rise higher than previously thought. Nationwide has said interest rates on new fixed-rate mortgages will rise 0.45 percentage points. It follows moves by lenders such as Halifax, Santander and Atom Bank who also upped
Police in Germany have launched an investigation into Pink Floyd co-founder Roger Waters after he fired an imitation machine gun while wearing a Nazi-inspired uniform at a concert in Berlin. The British bassist and singer was filmed wearing a long black coat and red armband – featuring crossed hammers instead of swastikas – as he
South Korea’s Hyundai Motor Group and LG Energy Solution (LGES) just announced that they will build a $4.3 billion EV battery plant in the state of Georgia. The two companies signed a memorandum of understanding in a signing ceremony today at LGES’s headquarters in Seoul. The two companies will 50/50 jointly open their new EV
Tankers located in the waters near Ceuta, Spain are transferring crude oil from Russia to reach the Asian markets in spite of Western sanctions. Europa Press News | Europa Press | Getty Images Russia’s oil revenues rebounded in March and April to reach the highest level since November last year, according to a new report,
Military analyst Sean Bell has set out three possible reasons why Ukraine has seen the ninth multiple missile strike this month, which came after a previous 50-day lull in Russian attacks. The overnight strike came after Russia claimed to have destroyed a US-provided Patriot air defence system protecting the capital Kyiv, a claim Ukraine and
During a Senate hearing on the legal consequences of the Supreme Court’s decision to overturn Roe v. Wade, UC Berkeley law professor Khiara Bridges accused Republican Sen. Josh Hawley of “denying that trans people exist.” #CNN #News
Elon Musk’s brain-implant company Neuralink on Thursday said the US Food and Drug Administration (FDA) had given the green light to its first-in-human clinical trial, a critical milestone after earlier struggles to gain approval. The FDA nod “represents an important first step that will one day allow our technology to help many people,” Neuralink said
A merchant sells crystal ornaments via a live TikTok broadcast. CFOTO | Future Publishing | Getty Images TikTok Shop is a rising threat to major e-commerce players such as Shopee and Lazada in Southeast Asia. It comes as its parent ByteDance pushes the short video app in markets outside the U.S. and India to create
An 11-year-old boy who was shot by a police officer has returned home from hospital after almost a week of treatment. Aderrien Murry spent five days in hospital with a collapsed lung, lacerated liver, and fractured ribs after the officer shot him in the chest early on Saturday, lawyer Carlos Moore said. Aderrien was well
Brian Laundrie’s mother offered him “a shovel and garbage bags” if he needed to dispose of a body, according to a “burn after reading” letter, court documents show. The parents of Laundrie’s fiancee Gabby Petito have been given the letter after a Florida judge denied a request from his parents to withhold it. The Petitos
Associated Press May 25, 2023, 06:18 PM ET LOUISVILLE, Ky. — A federal judge has granted Churchill Downs’ motion for summary judgment that dismisses Bob Baffert’s claim the track breached due process by suspending the Hall of Fame trainer for two years. Churchill Downs Inc. suspended Baffert in June 2021 after his now-deceased colt, Medina