Government borrowing rose to the highest amount since the pandemic in July, official figures show. Not since 2021 has there been a July with such high borrowing, according to data from the Office for National Statistics (ONS). It means that there was a £3.1bn difference between what the government took in from things like taxes
Electric cars made in China are getting a break after the EU cut proposed tariff rates on EV imports. Tesla and BYD are among the automakers set to benefit from the adjusted EU tariffs. Here’s a look at the new rates. How the new EU tariffs impact Tesla, BYD, and others On Monday, the European
On August 15, 2024, NASA’s Backyard Worlds: Planet 9 project, driven by citizen scientists, uncovered an astonishing discovery: an object travelling at a staggering speed of 1 million miles per hour, enough to escape the Milky Way’s gravitational grasp. This hypervelocity object, known as CWISE J124909.08+362116.0, marks the first of its kind identified with the
The US government has confirmed Donald Trump’s claim that Iran tried to hack his presidential campaign and said Tehran has also targeted the Biden-Harris operation. In a joint statement issued on Monday, the FBI, the Cybersecurity and Infrastructure Security Agency and the Office of the Director of National Intelligence said it had seen “increasingly aggressive
A pilot scheme scrapping peak-time ScotRail fares will end next month following a “limited degree of success”. Transport Scotland said the trial – subsidised by the Scottish government – cost £40m but “did not achieve its aims” of encouraging more people to swap their cars for rail travel. The scheme began in October last year
A man who police said confessed to killing 42 women and was being detained over the discovery of dismembered bodies in Kenya’s capital has escaped from custody. Collins Jumaisi Khalusha, 33, was being held at a police station in Nairobi after a court allowed detectives seven more days to investigate his alleged crimes before charging
Hollywood actor Michael Madsen has been arrested in California on a domestic violence charge. The Los Angeles County Sheriff’s Department said it received a call shortly after midnight on Saturday from a woman saying “her husband pushed her and locked her out of the house”. Madsen, who starred in Quentin Tarantino films Reservoir Dogs, Kill
Sir Keir Starmer has vowed his government will do “everything we can” to preserve jobs at the steelworks in Port Talbot. The prime minister was visiting South Wales, the region where the site is based, to walk around Alltwalis wind farm with the new First Minister of Wales, Eluned Morgan. The pair have been showcasing
Traders work the floor of the New York Stock Exchange on August 16, 2024. Angela Weiss | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Like what you
Two teenagers have been charged with murder over the shooting of US actor Jonny Wactor. Robert Barceleau and Sergio Estrada, both 18, were charged in the Los Angeles County Superior Court on Monday, District Attorney George Gascon said at a news conference. Another 18-year-old who authorities allege was with them, Leonel Gutierrez, was charged with
On today’s episode of Quick Charge, Elon Musk has a lot of fans in the Russian war criminal demographic, Unplugged Performance wants to sell you an idea, CASE debuts an all-electric backhoe, and the city of Oakland converts 100% of its school bus fleet to electric. We’ve also got the rumored return of Actually Smart Summon
Kristen Shilton, ESPN NHL reporterAug 19, 2024, 08:18 PM ET Close Kristen Shilton is a national NHL reporter for ESPN. Open Extended Reactions The Columbus Blue Jackets traded Patrik Laine and a 2026 second-round pick to the Montreal Canadiens on Monday in exchange for defenseman Jordan Harris. No salary was retained by the Blue Jackets
British tech tycoon Mike Lynch and his 18-year-old daughter are among six tourists missing after a luxury yacht sank in a tornado off the coast of Italy. One person has been confirmed dead – believed to be the vessel’s cook – while four of the missing passengers are British and two are American, according to
The Bayesian, the award-winning superyacht, sank during a tornado off the coast of Sicily in the early hours of Monday. The body of one person has been found, but six others – including British tech entrepreneur Mike Lynch – remain missing. But what do we know about the ship? The British-flagged 56 metre ship –
Republican Presidential candidate former President Donald Trump speaks during a campaign rally at Mohegan Sun Arena at Casey Plaza in Wilkes-Barre, Pennsylvania, Aug. 17, 2024. Michael M. Santiago | Getty Images Former President Donald Trump is countering the kickoff of the Democratic National Convention, and Vice President Kamala Harris’ recently unveiled economic agenda, by laying
Associated Press Aug 19, 2024, 01:57 PM ET Open Extended Reactions BROOKLYN, Mich. — Tyler Reddick capped an emotional week with his second NASCAR Cup Series win this year. Reddick’s mentor, Scott Bloomquist, died in a plane crash just three days before he won at Michigan International Speedway on Monday. “I can’t help but sit
The Kremlin’s threats of retaliation are a bluff, Ukraine’s president Volodymyr Zelenskyy has claimed, with his country’s forces now said to be in control of 90 settlements in the Russian border region of Kursk. The Ukrainian president told a gathering of diplomats that troops have gained over 1,250 square kilometres in Russia since the surprise
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Getty Images Twenty years ago, as Morgan Stanley banker Michael Grimes was helping lead the public offering for the young company behind the Google search engine, one of the most anticipated of the decade, he was among the first people offered a new email service.
It’s Monday. Gab Marcotti reacts to the biggest moments in the world of football. So much for the notion that Manchester City are slowly winding down, what with the 115 charges, Pep Guardiola and Kevin De Bruyne in the final year of their contracts and the ownership having long ago accomplished what they set out
Pensioners are being urged to check if they are eligible for the winter fuel allowance after universal payments were scrapped. Last month Chancellor Rachel Reeves said that the tax free benefit, to help older people with higher heating costs during the colder months, would be limited to those on pension credit. The surprise move was