Allies of Rishi Sunak have played down the defection of a Tory MP to supporting Liz Truss as the two campaign teams continued to trade blows over economic policy. Former Cabinet minister Theresa Villiers, who is backing Mr Sunak, said that “inevitably MPs change their mind during these contests”, when asked on Sky News about
The Treasury is to name a quartet of new directors to the Bank of England’s governing body as debate rages about the central bank’s remit under a new Conservative prime minister. Sky News has learnt that Nadhim Zahawi, the chancellor, has signed off the appointments of four new members of the Court of the Bank
Russian authorities have raided the home of a former state TV journalist who quit after making an on-air protest against the war in Ukraine. Marina Ovsyannikova gained international attention in March after bursting into a studio of Russian state TV, her then employer, to denounce the war in Ukraine. She held a poster that read:
US inflation grew at a slower pace than expected in July, according to the latest government figures, easing pressure on the Federal Reserve to deliver another super-sized interest rate hike. Consumer prices jumped by 8.5% in July compared with a year earlier, down from the 9.1% year-on-year jump in June. On a monthly basis, prices
All children aged one to nine in London are to be offered a dose of the polio vaccine, after more of the virus was found in the city’s sewers. Vaccine-derived poliovirus has been detected in sewage in Barnet, Brent, Camden, Enfield, Hackney, Haringey, Islington, and Waltham Forest. The virus has also been found in lower
Author and illustrator Raymond Briggs, best known for the 1978 classic The Snowman, has died aged 88. The announcement was made by his publisher, Penguin Random House. The Snowman was first released as a picture book – and has sold more than 5.5 million copies worldwide – before it was turned into a much-loved animation
Crisis talks will take place between energy sector bosses and the government tomorrow after the price cap was forecast to hit more than £4,200 in January. Chancellor Nadhim Zahawi and Business Secretary Kwasi Kwarteng will ask gas and electricity company executives to submit a breakdown of expected profits and payouts as well as investment plans
Tesla has disclosed that CEO Elon Musk sold around $6.5 billion worth of Tesla (TSLA) shares last week. It’s a significant chunk of his Tesla stake, but the reason behind the sale is unknown as of now. A Twitter settlement maybe? Today, Tesla released a series of SEC filings on Tuesday evening revealing that Elon
In this article VYGVQ Sam Bankman-Fried, co-founder and chief executive officer of FTX, in Hong Kong, China, on Tuesday, May 11, 2021. Lam Yik | Bloomberg | Getty Images Sam Bankman-Fried became a crypto billionaire and one of the most famous players in the industry by building cryptocurrency exchange FTX into a top site used
Former Secretary of State Mike Pompeo, who served in former President Trump’s administration, criticized Trump’s endorsed Senate candidate in Pennsylvania, Mehmet Oz. #CNN #News
Millions of UK homes are already in debt over their energy bills – with £1.3 billion owed, even before bills are set to soar by more than 80%. The overall debt bill is already three times higher than it was a year ago, according to analysts at Uswitch, and it seems likely it will grow
The anger of Donald Trump’s supporters over the FBI raid on the former president’s home shows no sign of abating with his spokesman saying it would “make a third-world dictator blush”. Taylor Budowich, who is director of communications for the “Save America and Donald J Trump” campaign, said Monday’s raid at the Mar-a-Largo home was
In this article COIN Coinbase shares dropped in extended trading on Tuesday after the crypto exchange reported a loss of over $1 billion in the second quarter and missed analysts’ estimates for revenue. Here’s how the company did: Earnings: Loss of $4.98 per share, vs. loss of $2.65 per share as expected by analysts, according
Shane MacGowan has led tributes to fellow The Pogues bandmember Darryl Hunt, who has died aged 72. The punk group tweeted to say they were “saddened beyond words” to share that Hunt, the band’s bassist, had died on Monday afternoon in London. They posted a black and white photo of Hunt holding a guitar case
6:53 AM ET The World Junior Championship is a holiday hockey tradition like no other. This year is an exception. The tournament is still coming your way during peak vacation time, only now it’s happening mid-summer, rather than post-Christmas. Confused? Let’s recap. The 2022 WJC was set to be played as usual last December. Due
At 4pm last Friday, residents of an apartment building on Al-Shohada Street in Gaza were eating, sleeping or relaxing on their day off. Then, the Israelis struck the complex from above. Their target was man a called Tayseer al Jabari who was visiting relatives on the sixth floor. He was a senior commander in the
Jaguar Land Rover is another automaker investing heavily to gain market share with its EVs. The company is announcing that it’s opening a new testing facility for its advanced electric vehicles. In Jaguar Land Rover’s latest push for EV market share, the company is announcing a new testing facility in Gaydon, UK. The automaker will
Buildings in Singapore at dusk. Asia is already home to a number of tidal power projects. Guvendemir | E+ | Getty Images Japanese shipping giant Nippon Yusen Kaisha is to take part in a tidal power project planned for Singapore, as the emerging marine energy sector gains traction. The demonstration project, run by Singapore-owned Bluenergy
While NASA might not have been successful in finding signs of life on the Red planet yet, it has revealed an intriguing image captured by the Mars Reconnaissance Orbiter spaceship. The onboard High-Resolution Imaging Science Experiment (HiRise) camera spotted a funky crater shaped like an ear. As per a press release, the HiRise crew called
Rishi Sunak has promised to give “hundreds of pounds” more to people for energy bills while Liz Truss refused to commit to extra support for struggling families. Mr Sunak said he is “confident” he could find the money needed to support people with the rising cost of living from government efficiency savings if was to