Government borrowing was less than expected in May, new figures have revealed. Net borrowing – the difference between public sector spending and income – was £15bn, an increase of £0.8bn on the same time last year, the Office for National Statistics (ONS) reported on Friday. The amount is below the £15.7bn forecast by the Office
Donald Trump’s presidential campaign raised substantially more money than Joe Biden’s last month, new figures show. The Republican candidate received £111m in contributions during May – with tens of millions sent after he was convicted of falsifying business records. A New York jury found Trump guilty of covering up a “hush money” payment to adult
On this episode of Quick Charge, Hyundai continues to invest in new electric vehicles, this time teasing a $25,000 (ish) compact EV set to debut later this month, along with a new IONIQ model. On the domestic front, Tesla sales are cratering so hard that they’re making everyone else’s great numbers look bad, Ford is
Tributes have poured in for actor Donald Sutherland after he died following a long illness. The 88-year-old was best known for his roles in Ordinary People, The Hunger Games franchise and M*A*S*H. His son, Kiefer Sutherland, confirmed the news “with a heavy heart” as Oscar-winner Jane Fonda and other stars of the big screen led
On the coastline of southern Italy, a small group gathered at the water’s edge. They could not go any further into the Ionian Sea although they clearly wished they could. “Is Europe worth all this trouble, I swear to God it’s not,” says a man called Setar. “Why put your wife and children through this?”
The architect of the government’s delayed reforms to social care has told Sky News politicians need to “grow up” and tackle the crisis in the sector. Amid a bitter election row over public spending, Sir Andrew Dilnot said he believed the two main parties were reluctant to discuss care reform for fear of being accused
New York Gov. Kathy Hochul. Lev Radin/Anadolu Agency via Getty Images New York is launching a program offering homeowners up to $14,000 in total rebates for energy-efficiency upgrades to their property, and more states are expected to follow suit by summer’s end. The rebate programs are part of the federal Inflation Reduction Act, the largest
Rishi Sunak has said he is “incredibly angry” to learn of allegations that Tory candidates placed bets on the election date, calling it a “very serious matter”. The prime minister told the BBC Question Time leader’s special that “it’s right they’re being investigated by relevant law enforcement” and he is “crystal clear that if anyone
TikTok has launched a long-awaited legal fight to stop its Chinese owner being forced to sell the short video platform’s US operations, arguing it violates Americans’ rights to free speech. TikTok and Chinese parent ByteDance were told in April they had until January next year to divest TikTok in the US or face the prospect
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Amazon said Thursday it has removed 95% of the plastic air pillows from its packaging in North America and will replace them with paper fillers made from 100% recycled content. It marks Amazon’s largest plastic-packaging reduction effort and will help it remove nearly 15 billion
Another day, another deeper understanding of the conversations going on behind closed doors as China and the EU approach the negotiating table as they toe the lines of a looming trade war surrounding vehicle imports and anti-subsidy probes of Chinese EVs. June has been a noteworthy month for global EV market news, as nearly every
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT Jakub Porzycki | Nurphoto | Getty Images OpenAI competitor Anthropic on Thursday announced Claude 3.5 Sonnet, its most powerful artificial intelligence model yet. Claude is one of the chatbots that, like OpenAI’s ChatGPT and Google‘s Gemini, has exploded in popularity in the past year. Anthropic, which
Donald Sutherland, who appeared in films such as The Hunger Games and Kelly’s Heroes, has died. The Canadian actor, who was 88, also starred in MASH and won an Emmy for Citizen X. His son, fellow actor Kiefer Sutherland, posted on X: “With a heavy heart, I tell you that my father, Donald Sutherland, has
Kinetic cofounders: CEO Nikhil Naikal, CTO Sander Marques, COO Chris Weber Courtesy: Kinetic Automation While electric vehicle demand is still increasing in the U.S., the sales growth rate for cars that pollute less has cooled down in 2024 due partly to the high cost of insurance and repairs for tech-laden new models. A 2024 study
Photographs show the Tenerife property where British teenager Jay Slater is believed to have been last seen before he went missing on Monday. A Snapchat video shared by the 19-year-old on Sunday night appears to show the property he visited in the northwestern mountain village of Masca after attending the NRG music festival. Mr Slater,
Jun 19, 2024, 09:00 AM ET Open Extended Reactions Robert Whittaker meets Ikram Aliskerov in the middleweight main event of UFC Fight Night on Saturday in Riyadh, Saudi Arabia. The main card at Kingdom Arena is on ABC and ESPN+ at 3 p.m. ET, with prelims on ESPN and ESPN+ at noon. Whittaker (26-7), a
American rapper Travis Scott has been arrested for “disorderly intoxication and trespassing”, police said. The incident is said to have taken place in Miami-Dade County, Florida. Scott, real name Jacques Bermon Webster II, has achieved four number-one hits on the US charts. Scott has two children with Kylie Jenner, but the pair are no longer
More than £232m has been paid out in compensation to people affected by the now-scrapped northern leg of HS2, Sky News can reveal. Responses to our Freedom of Information requests show just shy of £550m has been spent so far on a range of government compensation schemes for both residents and businesses impacted by the
The Bank of England’s monetary policy committee (MPC) was never going to cut interest rates today. Not two weeks before a general election. Cutting the cost of borrowing would have been perceived as highly political, potentially offering support to the government, even though some Conservative politicians, such as the former business secretary Jacob Rees-Mogg, sought
The Bank of England has held interest rates at 5.25% for the seventh time in a row. The decision to maintain the cost of borrowing comes despite official figures yesterday which revealed inflation had fallen to the Bank’s target of 2% for the first time in nearly three years. However, the move by its Monetary