The UK is heading for a recession, Lord Hammond has warned, saying “all the data points that way”. The former chancellor told Sky News the country faces a “very, very difficult period ahead in the short term”. He said he thinks the UK economy will slow down quite sharply in the autumn. Lord Hammond said
The US central bank has increased interest rates by 0.75% to combat inflation – the sharpest hike in 28 years. The Federal Reserve signalled more rate rises to come and projected a slowing economy in the months ahead, along with rising unemployment. The bank raised its benchmark rate to a range of 1.5% to 1.75%,
Lord Geidt has resigned as the prime minister’s adviser on ministerial interests. He tendered his resignation to Boris Johnson, according to a brief statement on the government’s website on Wednesday evening. “With regret, I feel that it is right that I am resigning from my post as Independent Adviser on Ministers’ Interests,” the statement reads.
7:43 AM ET BROOKLINE, Mass. — We interrupt the ongoing drama of who has left the PGA Tour — and who might still be going to the LIV Golf Invitational Series — for the 122nd U.S. Open, the third major championship of the season. With two golf worlds colliding at The Country Club this week,
Plans to ban “no-fault” evictions and to make it easier for tenants to keep pets will be unveiled as part of the government’s new deal for private renters published later. The Department for Levelling Up, Housing and Communities is set to publish its Fairer Private Rented Sector White Paper, which it describes as “the biggest
7:38 AM ET Timothy Bradley Jr. Artur Beterbiev and Joe Smith Jr. meet on Saturday to unify three of the four major light heavyweight titles in the main event of a Top Rank card at the Hulu Theater inside Madison Square Garden in New York (ESPN/ESPN+, 10 p.m. ET, with prelims on ESPN+ at 6:30
Plants too can make “secret decisions.” Surprised to hear that? Well, researchers have found in a new study that plants have an unforeseen set of processes that they use to regulate the amount of carbon dioxide released into the atmosphere during photosynthesis. The discovery was made while studying a classic plant model organism called thale
Astronomers and researchers have been in constant search for finding life on other celestial bodies. A team of scientists earlier pointed at the possibility of the existence of life in the clouds of Venus. In 2020, scientists revealed that they had found phosphine gas in the cloud of Venus, sparking speculation about the possibility of
Amber Heard has said she realises she is not a “likeable” or “perfect victim” – and that she still has love for ex-husband Johnny Depp and has “no bad feelings or ill will towards him”. The actress made the comments in the second half of an interview with NBC in the US, her first since
The government has not ruled out leaving Europe’s human rights framework after last-ditch legal rulings blocked the first scheduled deportation flight on Tuesday evening. Downing Street said on Wednesday that all options were on the table and did not rule out withdrawing from the European Convention on Human Rights (ECHR). It comes after last-minute interventions
Following its initial debut at CES 2022, the BLUETTI EB3A solar generator has officially gone on sale starting today. This lightweight power station is ultra portable, while still delivering 268 Wh of stored energy and the ability to recharge at “turbo” speeds. All while delivering an output of 600 watts. Get yours from BLUETTI today!
Bill Gates Gerard Miller | CNBC Bill Gates is not a fan of cryptocurrencies or non-fungible tokens. Speaking at a TechCrunch talk on climate change Tuesday, the billionaire Microsoft co-founder described the phenomenon as something that’s “100% based on greater fool theory,” referring to the idea that overvalued assets will go up in price when
The EU has begun legal proceedings against the UK after it published legislation that would override the parts of the Northern Ireland Protocol. Maros Sefcovic, vice-president of the European Commission, said the plan to tear up the agreement, which governs Northern Ireland’s post-Brexit trading arrangements, was illegal. The commission confirmed that Brussels will resume legal
The government will appeal against a European court ruling that grounded the first flight due to take asylum seekers to Rwanda and is “highly confident” the next plane will take off, a Cabinet minister has told Sky News. Therese Coffey, the work and pensions secretary, said the public would be surprised that the European Court
She has four limbs, expressive eyes and likes to stroll through greenery in New York city – but Happy the elephant cannot be considered a person, a court has ruled. Happy, an elephant born in the wild in Asia in the early 1970s, was captured as a one-year-old in the early 1970s and brought to
John Dean, who was former President Nixon’s White House counsel and testified against Nixon about the Watergate scandal, discusses the Jan. 6 hearings and if there’s a potential key witness that could turn against former President Trump. #CNN #News
Russia has demanded that Ukrainian forces holed up in a Severodonetsk chemical plant lay down their weapons and surrender this morning. It comes as Moscow’s forces inch closer to gaining control of the strategically important city – one of the last in the Donbas region that they have yet to win. Ukraine has said that
South Korean boyband BTS have announced a break to allow their members to work on solo projects. The news came less than a week after the seven-man group, which launched a global K-pop craze, released their latest album Proof. Speaking during an annual dinner celebrating the band’s founding, rapper RM said: “The problem with K-pop
In this article MSTR Michael Saylor, chairman and chief executive officer of MicroStrategy, first got into bitcoin in 2020, when he decided to start adding the cryptocurrency to MicroStrategy’s balance sheet as part of an unorthodox treasury management strategy. Eva Marie Uzcategui | Bloomberg | Getty Images Having once lost $6 billion at the height
Elon Musk says that electric vehicle startups Lucid and Rivian are tracking toward bankruptcy unless something changes. During an interview with the Tesla Silicon Valley Owners Club, Tesla CEO Elon Musk said that both Lucid Motors and Rivian, two US-based electric vehicle startups, are trending toward bankruptcy. The CEO said: Unless something changes significantly with