The financial markets have responded negatively following Liz Truss’s announcement of a U-turn on corporation tax in a bid to reassure investors. As was widely predicted, the prime minister said she was abandoning the government’s commitment to drop the planned tax increase from 19% to 25% – even though it was a central plank of
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London Film Festival has returned in its full, in-person form this year, as celebs and filmmakers head back to the event to show off their latest projects to a British audience. Backstage, the TV and film podcast from Sky News, has been at the British Film Institute’s flagship event on London’s South Bank, watching films
Elon Musk said on Friday SpaceX cannot “indefinitely” fund the Starlink internet service in Ukraine and send it several thousand more terminals after a report suggested that his rocket company had asked the Pentagon to pay for the donations. Musk‘s comment on the question of support for the internet service in Ukraine comes after he
The number of babies born in January 2021 dropped compared to previous years due to COVID-19 health concerns. Countries with the strictest lockdowns in early 2020 and over-occupied intensive care units have seen the biggest drops in live births 9-10 months later, according to scientists in Switzerland. Dr Leo Pomar, the first author of the
In July, a puzzling new image of a distant extreme star system surrounded by surreal concentric geometric rungs had even astronomers scratching their heads. The picture, which looks like a kind of “cosmic thumbprint”, came from the James Webb Space Telescope, NASA’s newest flagship observatory. The internet immediately lit up with theories and speculation. Some
Since the beginning of 2021, more than 15 new US lithium-ion battery gigafactories or expansions have been announced in a region becoming known as the Battery Belt. Combined, these facilities represent a potential investment of at least $40 billion, according to the Federal Reserve Bank of Dallas. All but one gigafactory exceeds 10 GWh of
In this article HMC 7267.T-JP 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Yasuhide Mizuno, the chairman and CEO of Sony Honda Mobility Inc., speaks during a news conference in Tokyo, Japan, on Oct. 13, 2022. Kiyoshi Ota | Bloomberg | Getty Images The Sony-Honda joint venture focused on electric vehicles plans to begin deliveries to
Sky’s Alex Crawford reports from Torske on the eastern frontline, where Ukrainian forces are pushing the Russians further back into the Donbas – and residents are being faced with the grim realities of war. Warning: This report contains images of one of the Russian soldiers killed in the counter-offensive. SUBSCRIBE to our YouTube channel for
Tasha Adams, the estranged wife of Oath Keepers leader Stewart Rhodes, talks with CNN’s Kasie Hunt about Rhodes and his trial for involvement in the attack on the US Capitol. #KasieHunt #CNNTonight #CNN
Chinese President Xi Jinping proposing a toast at the welcome banquet for leaders attending the Belt and Road Forum at the Great Hall of the People on April 26, 2019 in Beijing, China. Nicolas Asfouri | Getty Images Xi Jinping once declared China should “prioritize innovation” and be on the “cutting-edge (of) frontier technologies, modern
He calls it the “Unselect Committee” and his appearance before it is uncertain, to say the least. Certainly, Donald Trump showed no inclination in the wake of his subpoena. “The committee is a total BUST that has only served to further divide our country,” he opined on his Truth Social media platform. From its start,
Chancellor Kwasi Kwarteng has cut short his trip to the International Monetary Fund in Washington and is returning to the UK earlier than planned, as another major mini-budget U-turn is expected. Mr Kwarteng was due to attend a final day of meetings at the IMF’s annual gathering today. Instead, after a hasty briefing with journalists
The Bank of England is set to stop its government bond buying scheme today after attempting to reassure the UK’s financial markets. The Bank launched the unprecedented intervention after the chancellor’s mini-budget caused chaos within the markets, as well as a potential pension pots crisis. It promised to buy up to £65bn in UK government
Consumer champion Martin Lewis has called on “somebody to get a grip on the economy” amid the cost of living crisis as he won the expert award at the National Television Awards. Mr Lewis admitted he was surprised to win the prize after he was nominated against veteran broadcaster Sir David Attenborough and praised the
The congressional panel investigating the deadly attack on the US Capitol last year has voted to subpoena Donald Trump. It was a unanimous vote and the former president will now be compelled to give evidence to the committee about the events of 6 January 2021 which saw five people killed and more than 140 police
While you may notice more electric vehicles on the road today than ever before, the technology is now making its way to miners, the companies extracting the critical minerals needed to build EVs, ensure adequate global food supply, etc. A new contract to supply battery electric vehicles to the Jansen potash project (potentially the world’s
US President Joe Biden being welcomed by Saudi Arabian Crown Prince Mohammed bin Salman at Alsalam Royal Palace in Jeddah, Saudi Arabia on July 15, 2022. Anadolu Agency | Anadolu Agency | Getty Images DUBAI, United Arab Emirates — The Biden administration asked Saudi Arabia, the de-facto leader of oil producer group OPEC, to delay
Oct 12, 2022 Associated Press CHARLOTTE, N.C. — Alex Bowman said Wednesday he will miss the next three NASCAR races with a concussion he suffered last month in a crash in NASCAR’s new Next Gen car. Bowman, who sat out the past two races, will miss this weekend at Las Vegas, then sit out at
Deep in the Buloburde bush in the Hiiraan region of central Somalia, there’s a ragtag regiment gathering around a missile launcher. Huddled tightly with their ears pressed against a small black phone, they receive intelligence and feed it back to the troops positioning the launcher. The Ma’awisley militia is made up of farmers turned fighters
9:54 AM ET Constantin Eckner BERLIN — “Without being arrogant, the difference was that I was special,” Kevin-Prince Boateng tells ESPN. “There aren’t many players like me; they come once every 10 years.” The 35-year-old attacking midfielder sits in a conference room at the headquarters of Hertha Berlin. Thick gold chains hang around his neck.