The foreign secretary has refused to commit to the government seeing through all the tax cuts proposed in the chancellor’s contentious mini-budget. James Cleverly told Sky News “the package the chancellor put forward is pro-growth and is the right answer”. He refused to rule out further changes, however, dodging multiple questions on whether the government
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Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Stocks rise despite hot inflation report We’re buying more shares of EL Quick mentions: PG, PXD, AMZN 1. Stocks rise despite hot inflation report Stocks rose on Wednesday despite a
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Sky News is the first broadcaster to be granted permission to film a multiple-launch rocket system given to Ukraine by the UK in action during the war and to meet the soldiers operating it. Read more about Sky’s Deborah Haynes’ exclusive report here: https://news.sky.com/story/british-rocket-launchers-turning-the-tide-against-russia-filmed-for-the-first-time-12712600 SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us
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The chancellor’s mini-budget “complicated matters” for the Bank of England as it battled to bring down inflation, the International Monetary Fund’s chief economist has told Sky News. In an interview at the IMF’s annual meetings in Washington, Pierre-Olivier Gourinchas warned the coming years would “not be very pleasant” for the global economy. He also said
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Billions of pounds awarded as part of COVID-19 employment support schemes went to people whose incomes increased or “were not significantly impacted by the pandemic”, a public spending watchdog has warned. The National Audit Office (NAO) has criticised the government for not doing more to prevent mistakes and fraudulent claims when rolling out the furlough
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Nascent eVTOL racing league Airspeeder has successfully completed what it is calling the “world’s first electric flying car race” during its inaugural EXA Series event. Two EXA team pilots went head to head in South Australia using remotely operated eVTOLs, kicking off a development league that will eventually feed into global Grand Prix series. Check out
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In a statement Tuesday, the Port of Rotterdam Authority’s CEO, Allard Castelein, said northwest Europe used “far more energy than it can produce in a sustainable way.” Eschcollection | Stone | Getty Images Madrid-headquartered energy firm Cepsa said it would work with the Port of Rotterdam to develop “the first green hydrogen corridor between southern
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