The UK has launched a multi-billion pound national wealth fund to power green invest and infrastructure development in an effort to grow the economy. So far £7.3bn in state funds has been allocated so investments can be made “immediately” in areas such as ports, manufacturing and renewable energy. The move is part of Labour’s plans
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The Conservative Party is a step closer to choosing a replacement for Rishi Sunak after picking a new leader of its backbench group. Bob Blackman has been chosen as the new chair of the 1922 Committee. “The 22”, as it is known, is the Conservative Party‘s backbench committee – meaning it organises things like leadership
BP in 2020 set out its ambition to become a net zero company “by 2050 or sooner.” Matt Cardy | Getty Images News | Getty Images BP shares dropped on Tuesday after the firm flagged it expects to post an impairment of up to $2 billion in the second quarter and warned of lower refining
In 1996, US hip-hop stars Cypress Hill sent themselves up in an episode of The Simpsons, accidentally booking a gig with the London Symphony Orchestra “possibly while high”. While it might have seemed an unlikely collaboration at the time, The Simpsons has gained a reputation for being eerily good at predicting the future, and the
On today’s episode of Quick Charge, we ask: What does war look like to someone who “narrowly avoided” military conscription in South Africa? Apparently it involves lots and lots of robots, and a cameo appearance from Bill Gates! Elon took to X to say he was ready to wage war on TSLA shorts – and, once
Filip Radwanski | Sopa Images | Lightrocket | Getty Images Hackers more than doubled their cryptocurrency spoils in the first half of 2024 compared with a year ago, a report from blockchain research firm TRM Labs showed. The report said $1.38 billion worth of crypto was looted between Jan. 1 and June 24, more than
A man in his 20s has been shot dead and another has been wounded during an incident in the West Midlands. Police have launched a murder investigation after the shooting in Well Lane, Walsall, just before 5pm on Monday. The second man who was wounded is not thought to be in a life-threatening condition. West
Crisis-hit Thames Water has warned its cash is at risk of running dry by the end May next year due to a lack of new investment, forcing it to prepare a plan for its lenders. The country’s biggest water company, which serves almost a quarter of the population, previously said it had £2.4bn of liquidity
Joe Biden’s has shown no symptoms of Parkinson’s disease, his doctor has explained in a letter released after reports claimed a specialist had visited the president several times in the past year. Concerns around the president’s health have risen since Mr Biden’s poor showing in his debate with Donald Trump. Democrats described his performance as
U.S. crude oil futures fell nearly 1% Monday as traders monitored the impact of Hurricane Beryl on Gulf Coast refining, production and export infrastructure. Beryl made landfall near Matagorda, Texas, as a Category 1 hurricane with maximum sustained winds of 80 miles per hour, according to the National Hurricane Center. Matagorda is about 150 miles
Associated Press Jul 8, 2024, 04:30 PM ET Open Extended Reactions Keegan Bradley is making another Ryder Cup team, this time as the U.S. captain. The PGA of America announced his selection Monday after months of talking with Tiger Woods about taking the job. The PGA of America pushed out the news on Instagram after
Pedestrians near Salesforce Tower in San Francisco, California, on Wednesday, Jan. 25, 2023. Marlena Sloss | Bloomberg | Getty Images Artificial intelligence has been a big boon for San Francisco real estate. But not enough of one to make up for the broader struggle across the market. The vacancy rate for San Francisco office space
Amidst the lull after July 4th, we’ve collected a few continuing Green Deals worth considering before they’re gone. Leading the charge today is the new and improved MOD Black 3 e-bike that is seeing a $500 discount to $2,999, alongside the rest of MOD’s ongoing e-bike discounts. Next, we have a flash sale from EcoFlow’s
Just days into his premiership, Sir Keir Starmer is heading to the US for a meeting with NATO leaders. We take a look at why he is taking the trip and what might happen when he is there. Why is the prime minister going to Washington? NATO – or the North Atlantic Treaty Organisation –
The Conservative Party has announced a reshuffle, as former ministers and returning MPs make the transition into becoming the shadow cabinet. Lord Cameron has resigned from Rishi Sunak’s frontbench, having been foreign secretary before Labour’s victory in Thursday’s election, and has now been replaced in the shadow role by his deputy Andrew Mitchell. Also, despite
A comedy actor who had parts in Anchorman and Arrested Development faces up to five years in prison after pleading guilty to interfering with police officers during the US Capitol riots. Jay Johnston, who also voiced pizzeria owner Jimmy Pesto in the animated sitcom Bob’s Burgers, is one of more than 1,400 people who have
Fifty feet underground, in one of the most secure rooms in Israel, is the country’s blood vault. We’re told we can’t say its exact location and they won’t reveal what measures have been taken to protect it, but it is safe against missile, chemical, and cyber attacks, and in the air-conditioned room are boxes and
Sir Keir Starmer has said his government will have a “different way of doing politics” as he toured the UK’s nations in his first week as prime minister. The UK’s new leader said it is “very important” for him to “reset relations” with Scotland, Northern Ireland and Wales. He kicked off his tour of the
The first big announcement of Gordon Brown’s chancellorship was, arguably, the single biggest decision and the single biggest moment of his entire time in office. In a wood-panelled room on Whitehall a few days after being elected, Mr Brown announced that he was making the Bank of England independent – to the shock of many
The high-profile trial of Hollywood star Alec Baldwin over the fatal shooting on the set of the Western film Rust is due to get under way in the US today. It has been almost three years since Halyna Hutchins died after a gun held by the actor went off during a rehearsal in a church