Sir Keir Starmer has been accused of failing to guarantee the recently announced uplift in defence spending will not be spent on the contentious Chagos Islands deal. After initially refusing to set out a timeline to increase defence spending to 2.5% of GDP, the prime minister confirmed on Tuesday the threshold would be met by
Seven companies named and shamed in the Grenfell Inquiry are to be investigated and face being placed on a blacklist. Following the deaths of 72 people in the 2017 Grenfell Tower fire, Deputy Prime Minister Angela Rayner has given the government’s response to the inquiry, published in September after seven years. The government has accepted
In case you needed another reason to feel jealous of Chinese car enthusiasts, the Chery Exeed VX C-DM three-row SUV is officially available for pre-order with 610 hp, 1,300 km (over 800 miles) of EREV range, and a starting price of $33,085 US. State-owned Chinese automaker Chery recently launched the Exeed luxury brand, with its
The BP logo is displayed outside a petrol station on January 30, 2025 in Warrington, United Kingdom. Nathan Stirk | Getty Images News | Getty Images British oil major BP on Wednesday announced plans to increase annual oil and gas investment to $10 billion through 2027 as part of a fundamental strategic reset. The beleaguered
The government has signalled that plans to bring a second runway at Gatwick into regular use will get the green light if environmental conditions are met. Transport Secretary Heidi Alexander said she was “minded to approve” the airport’s plans but the deadline for a decision had now been pushed back until the end of October.
The second Fyre Festival has officially been announced, nearly 10 years since the first infamous event quickly turned into a disaster. The failed festival in 2017 hit headlines after charging guests up to $100,000 per head to travel to the island of Great Exuma in the Bahamas, but failing to deliver the white sands, luxury
In this article BABA Follow your favorite stocksCREATE FREE ACCOUNT The Alibaba office building is seen in Nanjing, Jiangsu province, China, on Aug 28, 2024. CFOTO | Future Publishing | Getty Images Alibaba on Wednesday said that it has made its video generation artificial intelligence models free to use, further ramping up competition with rivals
Oil and gas giant BP has again slashed its renewable energy investment and announced more funding for greater fossil fuel production. In a further row back of climate targets the company has said renewable energy investment will fall by $5bn (£3.95bn) a year to just $1bn to $2bn (£790m to £1.58bn). Funding for further oil
Donald Trump has shared a bizarre AI-generated video on his Truth Social platform showcasing what appears to be a vision of Gaza under his proposed plan. The footage, which the 78-year-old shared without comment, shows the war-ravaged territory before a caption appears: “Gaza 2025… What’s Next?” It then goes on to show the area transformed
A man has been charged after a three-year-old died in a crash in Manchester on Saturday. The girl, who died following the incident involving a tram and a van, was named as Louisa ‘Lulu’ Palmisano, from Burnley. In a statement, Greater Manchester Police said Rawal Rehman, 35, from Manchester, had been charged with causing death
Dre Waters Feb 25, 2025, 11:15 PM ET Open Extended Reactions TGL held its second stint of consecutive days of golf, as Jupiter Links Golf Club and The Bay Golf Club had a match Tuesday night. Tom Kim, Max Homa and Kevin Kisner were the active players for Jupiter Links, while Tiger Woods sat out.
EV startup Lucid Motors (LCID) released its fourth-quarter earnings on Tuesday, beating estimates with big expectations for 2025. Lucid said it expects to produce about 20,000 EVs this year with the output of its first electric SUV, the Gravity, ramping up. Q4 2024 earnings preview After four straight record quarters, Lucid delivered 10,241 vehicles last
The Palisades nuclear generating station in Covert Township, Michigan. John Madill | The Herald-Palladium | AP COVERT, Mich. — A closed nuclear plant on the shores of Lake Michigan is aiming to construct the first small modular reactor in the U.S. by 2030. The owner of the Palisades nuclear plant, Holtec International, signed a strategic
A woman has admitted attempting to defraud Elvis Presley’s family by trying to auction off his Graceland mansion and property before a judge halted the mysterious foreclosure sale. Lisa Jeanine Findley had initially denied charges of mail fraud and aggravated identity theft in relation to the scheme but has now changed her plea in the
For the third year in a row, CNBC is working with market research firm Statista to list the world’s top financial technology companies. Including startups, scaleups and established tech players, the top global fintech list aims to assess companies using an objective, key performance indicator-based methodology. You can find out more information on the research
Associated Press Feb 25, 2025, 03:47 PM ET Open Extended Reactions DUBAI, United Arab Emirates — Third-seeded Andrey Rublev followed up his Qatar Open title with a first-round exit at the Dubai Championships, losing to qualifier Quentin Halys 3-6, 6-4, 7-6 (5) on Tuesday. For the 77th-ranked Halys, who next faces Roberto Bautista Agut, it
Ukraine has agreed terms with the United States on a crucial minerals deal, a Ukrainian government source has told Sky News. There has been no confirmation from the US side yet but Donald Trump said on Monday evening that his Ukrainian counterpart “would like to sign the minerals deal with me”. The accord, once signed,
Sir Keir Starmer has admitted his decision to increase defence spending was “accelerated” by Donald Trump taking office. The prime minister said today’s announcement was “three years in the making” after Russia invaded Ukraine – but a “very changed context” pushed him forward. Politics Live: PM warns ‘everything has changed’ after announcing defence spending boost
The body of a British businessman who went missing in Kenya more than a week ago was reportedly found in a sack of pineapples in a forest. Campbell Scott, believed to be from Dunfermline in Fife, Scotland, was last seen attending a conference at the JW Marriot Hotel in the capital Nairobi on 16 February.
This is the moment the government finally woke up to the enormity of the threat faced by the UK and the inability of its hollowed-out armed forces to cope. But make no mistake, today’s decision to increase military spending is not just about increasing the number of troops, warships and fighter jets or even ensuring
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