The Bank of England has hiked interest rates by half a percentage point – the sixth rise since December and the biggest rise since 1995. This means the bank rate now stands at 1.75% – its highest level since late 2008 at the beginning of the global financial crisis. It will increase borrowing costs for
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21 July 2022, Bavaria, Essenbach: Water vapor rises behind sunflowers from the cooling system of the nuclear power plant (NPP) Isar 2. Picture Alliance | Picture Alliance | Getty Images Nuclear energy is at an inflection point. Early exuberance about its potential was undercut by a series of devastating and dangerous accidents at Three Mile
10:30 PM ET Welcome to San Diego, Brandon Drury. The San Diego Padres made a humongous deal at Tuesday’s trade deadline, acquiring young slugger Juan Soto from the Washington Nationals for a haul of prospects. Slightly lost in the shuffle was their acquisition of third baseman/utility man Drury from the Cincinnati Reds in exchange for
7:00 PM ET As soon as the PGA Tour suspended players who competed in the rival LIV Golf Invitational Series, it seemed inevitable that the circuits’ battle for the best players in the world would end up in a courtroom. On Wednesday, Phil Mickelson, Bryson DeChambeau and nine other LIV Golf players field an antitrust
China has begun another series of military exercises around Taiwan as tensions continue to rise following a 24-hour visit to the island by US House Speaker Nancy Pelosi. Chinese state media is reporting the drills are underway hours after suspected drones flew over Taiwan’s territory on Wednesday and hackers targeted the defence ministry’s website. Taiwan
CNN’s Jeff Zeleny is in Pennsylvania where Democratic Lt. Gov. John Fetterman is slowly emerging from a near-fatal setback — a stroke and heart condition that sent him to the hospital in May. Meanwhile, some Republicans are concerned that Dr. Mehmet Oz is not taking advantage of Fetterman’s absence on the campaign trail. The two
This is the moment that matters. On the advice of the National Cyber Security Centre, an arm of GCHQ, the Conservative party has delayed sending out ballot papers to its members – originally expected last weekend. As a result the next seven days, beginning today, are now crucial to determining the next prime minister of
JetBlue Airways passengers in a crowded terminal on April 7, 2022 in the Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida. Robert Nickelsberg | Getty Images News | Getty Images It wasn’t long ago that Amazon, Shopify and Peloton doubled their workforces to manage through the pandemic surge, while Morgan Stanley staffed up to handle
Rebekah Vardy has said she feels there was “a lot of sexism” in the coverage of her “Wagatha Christie” legal row with Coleen Rooney. Vardy attempted to sue her fellow WAG for defamation, but a High Court judge ruled that Rooney’s Instagram post outing Vardy for leaking stories to The Sun newspaper was “substantially true”.
A US congresswoman and three others have been killed in a car crash in the state of Indiana. Republican Jackie Walorski died in what police say was a head-on collision in Elkhart County at around 12.30pm on Wednesday. Ms Walorski, 58, had represented Indiana’s 2nd congressional district since 2012. Police say a northbound passenger car
Archie Battersbee’s life support will be withdrawn at 11am, unless his family launch a High Court bid by 9am to move him to a hospice. His parents plan to file the application by the deadline. They lost their latest legal appeal to stop doctors ending life-sustaining hospital treatment for their brain-damaged son after a European
Internet conspiracy theorist Alex Jones has admitted that the Sandy Hook Elementary School massacre was “100% real” after previously claiming it was a hoax. “Especially since I’ve met the parents. It’s 100% real,” the Infowars host told a court in Texas on Wednesday. Jurors in the trial are hearing evidence to determine how much Jones
Sajid Javid has thrown his support behind Liz Truss as the next Conservative Party leader, in what will come as a huge blow to Rishi Sunak. The former health secretary, and ex-leadership hopeful, attacked Mr Sunak’s economic policies as he revealed his choice in The Times this evening. He suggested Mr Sunak’s refusal to cut
Tesla has come up with a new version of its Solar Roof, version 3.5, and it is now testing it in employee’s homes ahead of a wider launch. When launching the solar roof, CEO Elon Musk presented it as a critical product to accelerate solar power deployment, as it opens up the market to people
It has been a rough month for the crypto sector, and it’s only the third day of August. From cross-chain bridge hacks draining hundreds of millions of dollars in customer funds to the Securities and Exchange Commission coming after crypto ponzi schemes, this corner of the market can’t catch a break. The developments add to
An anonymous campaign urging people not to pay mounting energy bills is gathering pace, according to organisers who have been dubbed “highly irresponsible” by the government. The group, which calls itself Don’t Pay, said 70,000 people had so far added their names to a pledge to cancel their direct debits for gas and electricity from
China’s determination to take control of Taiwan is often cited as one of the likeliest causes of World War Three – a conflict which, it is widely accepted, could even end human civilisation altogether. Chinese President Xi Jinping warned in advance that the Speaker of the US House of Representatives was “playing with fire” with
Hope of a meaningful drop in global oil prices have been dashed after a major group of oil-producing nations, including Russia, agreed to increase volumes by a much lower rate than requested. The United States had called on the OPEC+ cartel to raise output by at least 300,000 barrels per day (bpd) to help ease
The BBC should have further explored issues that were being raised about DJ Tim Westwood, an internal review into allegations of sexual misconduct has found. A review by the BBC has documented several accusations against Westwood, as well as complaints of alleged use of sexualised comments while on air and that he created a “toxic