The latest official data on the state of the public finances and consumer spending makes for grim reading as the country awaits its next leader, with financial markets reflecting renewed jitters over the economy. The Office for National Statistics (ONS) reported that public sector net borrowing came in at £20bn last month – £3bn more
LONDON — British Prime Minister Liz Truss resigned Thursday, bringing to a close a brief 44-day tenure mired by “mini-budget” chaos, economic turmoil and weeks of political infighting. Speaking outside Downing Street, Truss said she had delivered her resignation to King Charles after meeting with Graham Brady, the leader of the Conservative Party’s 1922 Committee,
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Almost six in 10 UK adults are struggling to keep up with their bills, according to new research from the City regulator. The Financial Conduct Authority (FCA) estimated that 7.8 million people were struggling to keep up with their bills – an increase of around 2.5 million people since 2020 – when around 5.3 million
Penny Mordaunt has become the first MP to enter the race to replace Liz Truss as prime minister after her dramatic resignation yesterday. The leader of the Commons announced her candidacy in a tweet on Friday afternoon, saying fellow Conservatives had urged her to stand. Ms Mordaunt, who came third in the last leadership race
In this article SNAP Follow your favorite stocksCREATE FREE ACCOUNT Snap shares plummeted more than 25% in extended trading on Thursday after the social media company reported weaker-than-expected revenue for the third quarter. It’s Wall Street’s first peak into the current state of the struggling online ad market. Here are the key numbers. Earnings per
Sky News’ Security and Defence Analyst Michael Clarke brings us up to date with the latest missile strikes in Ukraine. #skynews #russia #ukraine 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
Over the past 48 hours, at least 19 people have been killed and more than 100 injured after a new round of Russian attacks on Ukraine overnight. The targets include more than 20 Ukrainian cities and settlements. Former Russian Foreign Minister Andrei Kozyrev joins New Day to discuss. #CNN #News
A cabinet minister has told Sky News they believe Boris Johnson could secure the 100 nominations he needs from Conservative MPs to progress in the Tory leadership race if he were to stand. And Jacob Rees-Mogg has become the first cabinet minister to publicly declare his backing for the former PM this morning, posting on
The value of energy discounts given to households that cut their peak time electricity used will be raised, the National Grid ESO has said, in a bid to turn homes into “individual power plants”. Households will now be paid £3 per kilowatt hour instead of 52p if they avoid high-power activities – such as cooking
Actor Kevin Spacey has been found not liable in a civil trial that claimed he sexually abused a 14-year-old boy in the 1980s. The Hollywood star had been sued in a civil case by stage and screen actor Anthony Rapp over an alleged incident in 1986 after a party in Spacey’s New York apartment. Rapp,
Rishi Sunak has announced his bid to become the next Conservative leader and prime minister, six weeks after Liz Truss beat him to the top job. The former chancellor has put himself forward for the second time in a matter of months after the extraordinary resignation of Ms Truss on Thursday, 44 days into her
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple iOS 16 Source: Apple Apple’s newest update to its iPhone operating system, iOS 16.1, will be available on Monday, the company announced in a press release Thursday. It will launch for iPhone users with an iPhone 8 or newer models, and it adds quite
ISRO plans to launch Chandrayaan-3, its third mission to the moon, in June next year with a more robust lunar rover onboard which is crucial for future inter-planetary explorations. The space agency has also lined up the first test flight of the ‘abort mission’ for Gaganyaan, the country’s first human spaceflight, early next year. “Chandrayaan-3
Europe will commission two rocket launches from Elon Musk’s SpaceX after the Ukraine conflict barred access to Russia’s Soyuz, the European Space Agency (ESA) confirmed on Thursday. The launches include the Euclid space telescope and the Hera probe, a follow-up mission to NASA‘s DART spacecraft which last month succeeded in altering the path of a
When soldiers in Ukraine’s 93rd Mechanised Brigade do their work, most tasks are performed under trees. It is a simple matter of staying alive. Members of the brigade’s Oril Company stack their munitions under a stand of gnarly-looking trees. Their mortars are hidden in the bushes. Putin’s forces ‘preparing to blow up major dam’ – Ukraine
Candidates to replace Liz Truss as Tory leader will need at least 100 nominations from Conservative MPs, 1922 Committee chair Sir Graham Brady has said. This will rule out a number of candidates from running, and means the maximum number of people able to stand is three. During the last leadership election, Rishi Sunak won
Oct 20, 2022 The opening of the NHL season is fertile ground for overreactions. Look at the Toronto Maple Leafs. Head coach Sheldon Keefe overreacted to his team losing at home to the pride of ASU, the Arizona Coyotes, by calling out his elite players: “That’s the way it goes when those guys don’t make
The official trailer for series five of The Crown has been released – and it recalls how the infamous Panorama interview with Diana, Princess of Wales, sent shockwaves through the Royal Family. The latest season of the Netflix drama is set to launch on 9 November and will take inspiration from the pressure the monarchy
Harvey Weinstein is facing four rape charges and seven other counts of sexual assault in Los Angeles. Opening statements in the case are expected to begin today. The charges are the latest in a long line of allegations against the disgraced movie mogul – previously considered Hollywood royalty, and one of the most award-winning producers