Jeremy Hunt has abolished the lifetime tax-free pensions allowance and introduced free childcare for youngsters under three in a budget aimed at getting people back to work. The chancellor announced his plans on Wednesday to get older people back in work and to help parents, mainly women, who cannot afford to go back to work
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A Silicon Valley Bank worker talks with people lining up outside of the bank office on March 13, 2023 in Santa Clara, California. Justin Sullivan | Getty Images After turning on CNBC last Thursday to see SVB’s stock price getting hammered and news of venture firms urging startups to hit the exits, EarthOptics CEO Lars
The FTSE 100 and other major European stock markets have taken a beating as concern over the health of US banks crosses the Atlantic. London’s blue chip index lost £75bn in combined market value by the close after suffering its deepest fall, on a points basis, since the early days of the COVID crisis. Sentiment
Jeremy Hunt said the British economy is “proving the doubters wrong” and will avoid recession, as he delivered his first full budget speech to Parliament. The chancellor said the government’s plan for the economy was “working” as he announced what he called a “budget for growth”. He said forecasts from the Office for Budget Responsibility
Gary Lineker has hit back at a Tory MP who made “dangerously provocative” claims that the BBC presenter had called northern voters “racist bigots”. The Match Of The Day host used Twitter to respond to the “outrageous” comments made by the MP for Stoke-on-Trent North, Jonathan Gullis. Other Twitter users called Mr Gullis’s false claims
The chancellor has announced the budget for 2023. The UK will now not enter a technical recession this year, the independent forecasters, the Office for Budget Responsibility (OBR) has said. Inflation will more than halve and reduce to 2.9% by the end of the year, the OBR expects. Budget live:The announcements as they happen Here
A Russian aircraft has been intercepted by British RAF and German fighter jets after it was identified near NATO airspace. Two Typhoon jets – one British and one German – reacted to the Russian aircraft after it failed to communicate with Estonian air traffic control close to the NATO nation’s airspace. The Ministry of Defence
Weeks after teasing the public with a peek at its shadowy exterior, Kia has finally shared its first official images of its upcoming EV9 SUV both inside and out. Described with an “opposites united” design philosophy, this all-electric SUV looks like it will offer plenty of space inside and atop Hyundai Motor Group’s E-GMP platform
Wall Street mounted a relief rally Tuesday, following three straight sessions dominated by the woes of now-collapsed Silicon Valley Bank. Confronted with the ensuing spike in market volatility, we sought to be discerning with our Club portfolio and, eventually, opportunistic in stocks that we felt unreasonably sank. The S & P 500 climbed roughly 1%
The UK continues to be hit by snow blizzards with the Met Office warning of “treacherous conditions”. Read more here: https://news.sky.com/story/uk-weather-latest-forecasts-warn-of-15c-as-snow-and-ice-expected-to-hit-roads-trains-and-bus-services-12827754 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
CNN’s Kylie Atwood reports on the emotional hearing that took place on Capitol Hill about the chaotic US withdrawal from Afghanistan. #CNN #News
The special prosecutor handling the case against Alec Baldwin for the shooting of cinematographer Halyna Hutchins on the set of the movie Rust has stepped down. Andrea Reeb announced the decision a month after Baldwin’s lawyer filed a motion to remove her because she is also a representative in the state legislature. The actor’s team
Mar 14, 2023 Mike CoppingerESPN Manny Pacquiao, who announced his retirement in August 2021, plans to fight again, MP Promotions President Sean Gibbons told ESPN on Tuesday. Pacquiao, who turned 44 in December, is engaged in talks for a welterweight fight against U.K. star Conor Benn, Gibbons said. That fight is being eyed for June
Hollywood actress Eva Green “contemplated faking a broken arm” to avoid appearing in a later-abandoned sci-fi movie, the High Court has been told. Green also suggested pretending she had been hospitalised with a “serious rash” so she didn’t have to perform, the court was told. Further messages from the French actress, who has appeared in
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Sam Altman, CEO of OpenAI, walks from lunch during the Allen & Company Sun Valley Conference on July 6, 2022, in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images OpenAI announced the latest version of its primary large language model, GPT-4,
The chancellor will promise to provide 30 hours of childcare a week to parents of one and two-year-olds, Sky News has learned. The multi-billion pound announcement is set to be made in today’s “back to work” budget. Families with children aged one and two do not currently receive support after parental leave ends and before
A diplomatic row has erupted between Washington and Moscow after US forces accused a Russian jet of “recklessly” colliding with one of its drones, causing it to crash into the Black Sea. Russia denied involvement, with a senior figure describing the episode as a “provocation”. The incident has demonstrated the increasing risk of a direct
In a decade where the world has faced a global pandemic, the threat of nuclear war, and a rise in the cost of living – a man in the US claims he has encountered another crisis to add to the mounting list of problems facing our species. Aimen Halim is suing the restaurant chain Buffalo
Tempting as it is to believe that the chaos with Silicon Valley Bank and its British arm are of interest only to members of the tech community and financial nerds, it has already had a very real bearing on all our lives. For evidence, look no further than the money markets, where investors bet on
After the debacle of Liz Truss’s September mini-budget, with all its mega ramifications, and an autumn statement eight weeks later that performed an about-turn so big that the country’s tax burden hit a 70-year-high, Wednesday’s budget will be all about stability and sticking to the plan. “No big bangs in this budget,” is how one