Metro Bank has kicked off talks about the sale of a £3bn chunk of its mortgage book as part of an increasingly urgent attempt to shore up its fragile balance sheet. Sky News has learnt that advisers to Metro Bank – which saw its shares plunge on Thursday after acknowledging that it was seeking to
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Voting has closed and counting is now under way to replace shamed MP Margaret Ferrier. Ms Ferrier was ousted from her Rutherglen and Hamilton West seat in August following a successful recall petition for breaching COVID restrictions in 2020. Voters took to the polls between 7am and 10pm on Thursday for the by-election, with Ms
A man who was encouraged by an artificial intelligence chatbot in his plan to assassinate Queen Elizabeth II has been sentenced to nine years in custody, but will remain in hospital until he is deemed fit enough to go to prison. Jaswant Singh Chail, 21, scaled the perimeter of the Windsor Castle grounds with a
The trial of embattled crypto executive Sam Bankman-Fried has begun – with prosecutors claiming he stole more than $10bn (£8.2bn) from unsuspecting customers. Almost a year after FTX spectacularly collapsed, leaving millions of people out of pocket, a court heard that the 31-year-old’s multibillion-dollar empire was “built on lies”. Bankman-Fried has been accused of using
Kawasaki has finally revealed the final specs as well as pricing for its first two electric motorcycles, the Kawasaki Ninja e-1 and Z e-1. Both bikes are now launching in North American markets (US and Canada) as well as in the UK. In the US, the Ninja e-1 will be priced at US $7,599, while
An off-shore oil platform off the coast in Huntington Beach, California on April 5, 2020. Leonard Ortiz | MediaNews Group | Orange County Register | Getty Images It’s been a war of words and numbers between two major players in the energy industry – the International Energy Agency and OPEC – as they spar over
The transport secretary has defended Rishi Sunak for insisting no decision had been made on scrapping part of HS2 – despite the prime minister recording a video about his announcement days earlier. Mark Harper told Sky News he did not know “why people are getting so het up” on the issue, and work was done
South Korea’s LG Energy Solution signed an agreement to supply Toyota, the world’s largest automaker, with lithium-ion batteries for electric vehicles that will be assembled in the U.S., the companies said on Wednesday. The deal will support Toyota’s expanding battery EV line-up, which includes a new model that will be assembled at a manufacturing plant
The competition regulator is to investigate the dominance of Amazon and Microsoft in the UK’s cloud market. It follows a study by the telecoms watchdog Ofcom which “identified features that make it more difficult for UK businesses to switch and use multiple cloud suppliers”. Ofcom added: “We are particularly concerned about the position of the
Stormzy joined thousands of mourners who gathered in south London to honour the life of 15-year-old stabbing victim Elianne Andam. The grime artist was seen among crowds at a candlelit vigil on Wednesday evening outside Whitgift Shopping Centre in Croydon, where the teenager was fatally wounded a week earlier. Elianne died after being attacked on
British actress Julia Ormond is suing disgraced movie producer Harvey Weinstein, accusing him of sexually assaulting her in 1995. Ormond, who starred in films alongside Brad Pitt and Harrison Ford in the 1990s, said she was a star on the rise when she met Weinstein in 1994. The pair kept in touch to discuss scripts
Tim Bontemps, ESPNOct 4, 2023, 01:04 PM ET FORT COLLINS, Colo. — James Harden is participating in practice with the Philadelphia 76ers on Wednesday at Colorado State University, sources told ESPN’s Adrian Wojnarowski. Harden rejoined the team for the second day of practice under new coach Nick Nurse after he had skipped both media day
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amp, a live audio app that lets users DJ their own show, is seen on a smartphone. Amazon Amazon is shutting down its live audio service, called Amp, the company confirmed to CNBC. Amp allows users to host their own live show, where callers can
Just Stop Oil protesters have halted a West End performance of Les Miserables after invading the stage. During the song One Day More, where an actor waves the famous red flag, members of the group stormed the stage with banners emblazoned with Just Stop Oil. A video shows the actors on stage continuing to perform
Tesla is planning to build something called “Giga Water Loop” just outside of Gigafactory Texas in Austin. But we are not sure what it is. Gigafatory Texas is arguably Tesla’s most ambitious manufacturing project to date, and that’s saying a lot because the company has many ambitious manufacturing projects. The project is already housing Model
Pope Francis photographed on August 9, 2023, in Vatican City. Vatican Pool | Getty Images News | Getty Images Pope Francis issued a stark reminder about the effects of climate change on Wednesday, warning that “the world in which we live is collapsing and may be nearing the breaking point.” “Despite all attempts to deny,
The United States has sent over a million rounds of ammunition it seized from an Iranian ship last December to Ukraine. Officials at the Pentagon have confirmed to Sky News the transfer of 1.1 million rounds of 7.62mm small arms ammunition to Ukraine took place on Monday this week. The ammunition, standard rounds for Soviet-era
Rishi Sunak has been reported to Police Scotland over comments he made about Nicola Sturgeon in his Tory Party conference speech. Chris McEleny, the general secretary of Alba Party, told Sky News he had filed a complaint and asked for an investigation into whether Mr Sunak may have committed contempt of court by mentioning Scotland’s
We are standing on the side of a flyover, looking over the edge, and it is a fearful sight. Behind us, the traffic is pounding past, slowing slightly to take in the scene of northern Italy’s worst road accident. And ahead of us is the reason why so many people perished here, just a couple
Metro Bank, the high street lender, is drawing up plans to raise hundreds of millions of pounds of new capital in weeks in a bid to strengthen its troubled balance sheet. Sky News has learnt that Metro Bank – the first new lender to open on Britain’s high streets in over 100 years when it