Chancellor Kwasi Kwarteng has confirmed that the government is axing plans to give the wealthiest 1% a tax cut following a bitter backlash from Tory MPs. Mr Kwarteng said in a tweet that the measure had become a “distraction” from his objective to grow the economy. He said: “We get it, we have listened.” Politics
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Police investigating five fatal shootings in California believe a serial killer might be on the loose in the state. Detectives released a grainy image of a “person of interest” after the latest killing shortly before 2am on Tuesday. The surveillance footage image shows an individual from behind who is dressed all in black, with a
Tesla confirmed today that Gigafactory Berlin has been able to ramp up production to 2,000 electric cars a week for the first time. If this new production rate is maintainable, it is a giant achievement for the automaker. Every automaker in the world is currently navigating an extremely difficult supply chain crisis in order to
The plans have been honed over years, a strict timetable of procedure for what will be the biggest state funeral and security operation ever held in the UK.
Ret. US Army Major Mike Lyons shows the latest Russian troops movement as their morale is reported to be plummeting. #CNN #News
Liz Truss is to delay the vote on cutting the 45p rate of tax for higher earners, a cabinet minister has told Sky News. The policy was announced in last Friday’s mini-budget, but would have to go to a vote of MPs before it could be approved. On Sunday, the party said any Tory MP
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT A Tesla Model Y on display inside a Tesla store at the Westfield Culver City shopping mall in Culver City, California, U.S., on Thursday, April 14, 2022. Bing Guan | Bloomberg | Getty Images Electric vehicle makers Tesla just posted third-quarter vehicle production and delivery numbers
A little under four weeks as prime minister and it couldn’t really have gone worse for Liz Truss. A mini-budget that precipitated a run on the pound (it has rallied a bit since), a £65bn emergency intervention by the Bank of England to prop up pension funds, and the withdrawal of nearly 1,000 mortgage deals
The rush to escape being crushed as police lose control at an Indonesian football match felt grimly familiar for Simon McMenemy. For the last decade, the Scotsman has contended with the heated and dangerous experience of coaching in Indonesia – including as manager of the national team. Speaking to Sky News from the southeast Asian
A nurse has been reunited with a TV reporter she hailed as her “knight in shining armour” after he carried her to safety on his back when she became trapped in floodwaters as Hurricane Ian hammered Florida. Tonya McCullough had been on her way to work at night in Orlando during the violent storm when
Tesla has unveiled its latest version of its Dojo supercomputer and it’s apparently so powerful that it tripped the power grid in Palo Alto. Dojo is Tesla’s own custom supercomputer platform built from the ground up for AI machine learning and more specifically for video training using the video data coming from its fleet of
Leaves on the line disrupting train services promise to be a thing of the past for many more travellers with new technology being introduced by a major train operator. Northern, which runs nearly 2,000 daily services, is fitting a system to 16 passenger trains which will combat slippery rails by spraying water onto them. The
Kwasi Kwarteng is facing calls for an official inquiry following a report that he attended a private champagne reception with hedge fund managers following his mini-budget. The Sunday Times newspaper reported that the chancellor joined the gathering in Chelsea on 23 September and was said to have been “egged on” to pursue his plan of
Liz Truss has admitted that she “should have laid the ground better” for the government’s tax-cutting mini-budget after the pound slumped to a record low. The prime minister said she has “learnt from that” and “will make sure in future we will do a better job of laying the ground”. Ms Truss also doubled down
Protests over mobilisation have taken place in more than a dozen cities across Russia. Police arrested hundreds of people as authorities seek to crack down on dissent over the Ukraine war. Girls as young as 14 years old were among those detained in St Petersburg, reports say, with authorities using stun guns and batons. SUBSCRIBE
CNN International Security Editor Nick Paton Walsh reports from inside Bakhmut, a town in Eastern Ukraine that has been under siege by Russian President Vladimir Putin’s forces for months. #CNN #News
9:37 PM ET SEATTLE — A presentation was taking place inside a conference room at the Seattle Kraken‘s practice facility when one of the doors began to slowly open. Panic began taking shape at that moment. This forced a 6-foot-tall, furry, blue troll with an anchor hoop earring dangling on his left side and a
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The United Arab Emirates will continue to supply the world with energy for as long as it needs it, its Minister for Climate Change and Environment Mariam Almheiri said in an exclusive interview with CNBC. “As long as the world needs oil and gas, we’re going to give it to them,” Almheiri told CNBC’s Hadley
7:08 PM ET Associated Press TALLADEGA, Ala. — AJ Allmendinger finally won his first race on a superspeedway with a last-lap pass that allowed him to beat Sam Mayer to the Talladega Superspeedway finish line by less than three feet. Allmendinger’s fourth Xfinity Series win of the season locked him into the next round of