The chancellor is under pressure because financial market moves have pushed up the cost of government borrowing, putting Rachel Reeves’ economic plans in peril. So what’s going on, and should we be worried? What is a bond? UK Treasury bonds, known as gilts because they used to literally have gold edges, are the mechanism by
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Last year was the warmest on record, the first to breach a symbolic threshold, and brought with it deadly impacts like flooding and drought, scientists have said. Two new datasets found 2024 was the first calendar year when average global temperatures exceeded 1.5C above pre-industrial levels – before humans started burning fossil fuels at scale.
TV presenter Richard Hammond and his wife have announced they are splitting up after an “amazing 28 years together”. The 55-year-old, best known for hosting motoring shows Top Gear and The Grand Tour, tied the knot with newspaper columnist Amanda “Mindy” Hammond, 59, in 2002. In a statement on Thursday, the pair said their family
A 17-year-old boy has been stabbed to death in Bedford. Police say Thomas Taylor was walking along Greenhill Street, close to Bedford Bus Station, when he was attacked by a group of men at 5.50pm on Wednesday. He was taken to hospital after suffering serious injuries and died a short time later. A murder inquiry
An intervention by the chancellor to help shore up flagging financial market confidence in the UK economy has been ruled out by the government, amid further declines in the value of the pound. Sterling fell to its lowest level against the dollar since November 2023 early on Thursday, building on recent losses. A toxic cocktail
Despite how cold it may feel outside, Nissan’s electric SUV has likely been through colder. Nissan is proving its Ariya SUV can handle the extreme weather at its unique new test chamber at its tech center near Detroit. With temperatures ranging from -40 to 176 °F, the Ariya is being pushed to see what it’s
Heather Dinich, Senior College Football InsiderJan 9, 2025, 07:00 AM ET Close College football reporter Joined ESPN.com in 2007 Graduate of Indiana University Open Extended Reactions There’s no sugarcoating it: As Penn State‘s coach, James Franklin owns an abysmal 3-10 record against opponents ranked in the Associated Press Top 10. It’s a mark that saw
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT Omar Marques | Lightrocket | Getty Images Cohere co-founder Nick Frosst is surrounded by chatter of artificial general intelligence, or AGI. He’s perfectly happy to stay out of the conversation. Founded in 2019, by ex-Google AI researchers, Cohere is valued in the billions of dollars
Ryanair has said it is taking legal action against a disruptive passenger. In what it described as a “major misconduct clampdown”, the airline said it is seeking €15,000 (£12,500) in damages from a passenger in Ireland, whose behaviour forced a plane bound for Lanzarote to divert to Porto in Portugal last year. Ryanair claims the
Hollywood started the New Year with a bang as the Golden Globes kicked off awards season at the weekend. Just a few days later, the scenes in Los Angeles are very different as wildfires tear through the county. The homes of stars including Paris Hilton and Billy Crystal have been destroyed, while other celebrities have
There are grooming gangs “in every single part of our country”, Jess Phillips has told Sky News. The safeguarding minister told Sky’s political editor Beth Rigby on the Electoral Dysfunction podcast she was issuing an “open invitation” to Conservative leader Kemi Badenoch to meet victims with her. Ms Badenoch’s spokesperson said she has not met
A series of ferocious wildfires erupted across the Los Angeles area on Tuesday, fuelled by powerful winds and dry conditions. At least five people have been killed and dozens more injured, with many of the remaining fires not contained at all by the emergency services. Some 130,000 people are now under mandatory evacuation orders across
The Indian Space Research Organisation (ISRO) has postponed its Space Docking Experiment (SpaDex) mission which was scheduled for Thursday, after the satellites drifted more than expected during a manoeuvre, ISRO said in a statement on Wednesday. This is the second time that the docking experiment has been postponed.It was originally scheduled for January 7. In
The Met Office has put yellow weather warnings over snow and ice in place from this afternoon covering much of the UK. The Met had a number of yellow warnings in place on Thursday across the country, but most were initially set to expire by 11am, with only a snow and ice alert in Scotland
In this article MSFT Follow your favorite stocksCREATE FREE ACCOUNT Microsoft Chairman and CEO Satya Nadella speaks at a press briefing on the company’s campus in Redmond, Washington, on May 20, 2024. Jason Redmond | AFP | Getty Images Microsoft is cutting a small percentage of jobs across departments, based on performance, the company confirmed
A judge has officially approved a settlement in a case brought by Tesla shareholders against board members who will now have to return stock, cash, and give up on stock options worth a total of nearly $1 billion. Let me start this article with a quote from Tesla CEO Elon Musk: Tesla will never settle
A Vestas wind turbine near Baekmarksbro in Jutland. Afp | Getty Images European wind power stocks tumbled Wednesday after President-elect Donald Trump said he would prevent the construction of new turbines. “We’re going to try and have a policy where no windmills are being built,” Trump told reporters at a press conference at his Mar-a-Lago
So can you stop people smugglers by lumbering them with sanctions? That is the government’s latest idea, and it is bold and innovative. It will certainly get attention, even if that doesn’t mean it will work. But it is another effort by this government to differentiate itself from the leaders who came before. In a
A “world first” sanctions regime which specifically targets people smugglers will be introduced by the government this year, David Lammy will announce. The foreign secretary will confirm the measure in a speech on Thursday, saying it is part of Labour’s plan to reduce Channel crossings by targeting criminal networks organising the journeys. Politics latest: MPs
Two NASA astronauts who have been stuck on the International Space Station since June 2024 have said they “do not feel like castaways”. Butch Wilmore and Suni Williams originally planned to go to space for just eight days but got stuck on the ISS when their Boeing Starliner spacecraft experienced a myriad of problems. By
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