Labour’s shadow chancellor Rachel Reeves has said the UK government is putting the economy in danger and attacked Prime Minister Liz Truss’s plan of “trickle-down economics” after the pound sank to a record low against the dollar. Sterling slipped to a low of $1.0327 on Monday, before stabilising at around $1.07, following lows seen after
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The brother of a man shot dead in an unsolved murder says he is living in fear of an attack by the killer who is still at large. Alexander Kareem – whose sister is a serving Metropolitan Police officer – was gunned down near his home in Shepherd’s Bush, west London, in June 2020, in
An investigation into a death threat made to JK Rowling over her support of author Salman Rushdie has been dropped by police. Police Scotland said as the threat was not made within the UK, there will be “no further police action at this time”. After hearing about the attack on Sir Salman on 12 August,
Tropical storm Ian has strengthened into a hurricane set to unleash significant winds, flash floods and mudslides in Florida, Cuba and Jamaica, weather experts have warned. The weather system is about 90 miles (150km) southwest of the Cayman Islands in the Caribbean Sea, according to the latest advisory issued by the National Hurricane Centre (NHC)
The overnight fall in the value of the pound, descending to its lowest level against the dollar since decimalisation in 1971, matters because of what it says about global market confidence in the UK economy. The plunge in sterling’s value, against a backdrop of a strong dollar globally, gathered speed on Friday following the publication
Sign me up! The weird and wacky world of Chinese electric vehicles just got even more interesting. That’s because it turns out you can order yourself a fancy-shmancy new electric food truck in the shape of a school bus straight from the other side of the world. And that makes it a perfect addition to
Jose A. Bernat Bacete | Moment | Getty Images The vast majority of Americans support both corporate transparency on climate as well as federal requirements for corporations to disclose their climate data, from emissions to emission reductions to sustainability programs and climate commitments. But although many corporations are improving on these pledges, some sectors are
A man has opened fire on an enlistment centre and another recruitment office has been attacked with Molotov cocktails – after Vladimir Putin ordered the conscription of at least 300,000 men in Russia. The violence comes as the first tranche of people ordered to report for duty arrive at military bases, and it follows a
Ukraine President Zelenskyy has said that his military has retaken a huge chunk of territory back from Russia. #ukraine #russia SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to http://news.sky.com
Sep 25, 2022 Associated Press FORT WORTH, Texas — Tyler Reddick opened the round of 12 in NASCAR’s playoffs with a victory at Texas on Sunday, winning a week after being one of the first four Cup drivers knocked out of title contention. After none of the contenders won the first three races of the
Workers retrieve boxes at an Amazon fulfillment center on Prime Day in Raleigh, North Carolina, U.S., on Monday, June 21, 2021. Rachel Jessen | Bloomberg | Getty Images Amazon is hosting another Prime Day-like deal bonanza next month, marking the first time it will hold two such events in the same year. The company said
The Bank of England says it “will not hesitate to change interest rates as necessary” after markets reacted badly to the chancellor’s tax-cutting mini-budget. In a statement, the Bank said it was “monitoring developments in financial markets very closely in light of the significant repricing of financial assets”. It came after the pound fell to
The cost of charging an electric car using public charge points on a pay-as-you-go basis has risen by 42% in just four months, according to the RAC. The motoring group said the average price for using the chargers has increased by 18.75p per kilowatt hour (kWh) since May, reaching 63.29p per kWh. The latest figures
The pound has fallen to a record low against the dollar amid a fresh investor rush towards the US currency globally. Sterling slipped by nearly 5% early on Monday to $1.0327 – building on fresh 1985 lows seen on Friday after UK chancellor Kwasi Kwarteng unveiled the biggest programme of tax cuts for 50 years.
The Royal Navy’s flagship HMS Queen Elizabeth has arrived in New York for its deployment to the United States to host an Anglo-American military conference. The ship dropped anchor within sight of the Statue of Liberty in New York Harbour yesterday. It set sail for the US from Portsmouth on 7 September in place of
Italy’s Democratic Party has conceded defeat in the country’s election after an exit poll suggested far-right leader Giorgia Meloni’s alliance is leading the vote. The Democratic Party said it would be Italy‘s main opposition force after projections based on votes counted from nearly two-thirds of the polling stations in Sunday’s balloting indicated Ms Meloni’s Brothers
7:00 AM ET Rob DawsonCorrespondent Cristiano Ronaldo says he’s not going anywhere — not yet anyway. The 37-year-old Manchester United forward will be with Portugal in Qatar for the 2022 FIFA World Cup in November, but beyond that, he’s also got his sights set on the next European Championship, set to be held in Germany
Rihanna will perform at the next Super Bowl halftime show, the NFL has announced. The 34-year-old singer shared a photo of her hand holding an American football on Instagram and Twitter. Soon afterwards it was reposted by her record label, Roc Nation, the NFL and Apple Music, which confirmed the news in a tweet. Apple
Huck Cycles, a North Carolina electric moped maker, is finding that its off-road optimized electric moped is actually proving quite popular for city riders as well. It’s a surprising finding, considering the bike was originally designed for hunters, campers and other outdoor enthusiasts that wanted a powerful but (relatively) lightweight electric two-wheeler. The bike was
Tesla electric cars photographed in Germany on March 21, 2022. According to the International Energy Agency, electric vehicle sales are on course to hit an “all-time high” this year. Sean Gallup | Getty Images News | Getty Images Electric vehicle sales are on course to hit an all-time high this year, but more work is