U.K. Chancellor Kwasi Kwarteng outside 10 Downing Street. Britain will cap the cost of electricity and gas for businesses. Rob Pinney | Getty Images News | Getty Images LONDON — The new U.K. government announced a sweeping program of tax cuts and investment incentives Friday, as Prime Minister Liz Truss seeks to boost the country’s
Double Booker Prize winner Dame Hilary Mantel, author of the epic Wolf Hall trilogy, has died aged 70. In a statement, her publisher 4th Estate books said: “We are heartbroken at the death of our beloved author, Dame Hilary Mantel, and our thoughts are with her friends and family, especially her husband, Gerald. “This is
Officials in Alabama have halted the lethal injection execution of a prisoner on death row because they couldn’t find a vein before the midnight deadline. Alabama corrections commissioner John Hamm said the decision to call off the scheduled execution of Alan Miller was made after it became clear they could not get the process under
Specks of dust retrieved by a Japanese space probe from an asteroid some 300 million kilometres from Earth have revealed a surprising component: a drop of water, scientists said Friday. The discovery offers new support for the theory that life on Earth was seeded from outer space. The findings are in the latest research to
Stormzy has sparked a rapturous response online with the surprise release of a new 11-minute music video featuring a plethora of cameos including Usain Bolt, Jose Mourinho and Louis Theroux. Mel Made Me Do It is the rapper’s first solo effort in nearly three years and its sharp, twisting rhymes put his songwriting prowess and
Income tax will be cut by one penny Chancellor Kwasi Kwarteng has announced, as part of a raft of measures aimed at boosting economic growth. The reduction in the basic rate from 20% to 19% will be introduced in in April 2023 – one year earlier than planned. At the same time, the 45% top
Here are the key points from Chancellor Kwasi Kwarteng’s mini-budget statement to MPs: • The basic rate of income tax will be cut to 19p in the pound from April 2023. Will mean 31 million people will be better off by an average of £170 per year. • The 45% higher rate of income tax
Defence and Security Analyst Professor Michael Clarke details the troop mobilisation of both Ukrainian and Russian forces. He mentions unconfirmed reports that Russian forces in the north are out of ammunition and are beginning to negotiate local surrenders. #Russia #Ukraine #skynews SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews
Christine Quinn and Kayleigh McEnany have a heated discussion about audience members sitting behind the presidential nominees.
In this article 300750-CN 300750-CN Follow your favorite stocksCREATE FREE ACCOUNT CATL is the world’s largest electric vehicle battery maker and supplier to the likes of Tesla and Ford. Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images The world’s largest electric vehicle battery maker CATL is evaluating whether to expand its battery swapping
A global renewable energy employment report released today by the International Renewable Energy Agency (IRENA) and the International Labour Organization (ILO) reveals which countries are leading the world in wind and solar manufacturing and installation. “Renewable Energy and Jobs: Annual Review 2022” shows that the number of people working in the renewable energy sector has
Jose A. Bernat Bacete | Moment | Getty Images The vast majority of Americans support both corporate transparency on climate as well as federal requirements for corporations to disclose their climate data, from emissions to emission reductions to sustainability programs and climate commitments. But although many corporations are improving on these pledges, some sectors are
Draft-aged Russians have apparently begun to flee the country as it enters is biggest conscription drive since the Second World War – with plane ticket prices soaring above $5,000 (£4,443) and border crossings increasing. Vladimir Putin launched a new mobilisation campaign on Wednesday for the seven-month-old war in Ukraine that has already decimated cities, killed
Fresh evidence of a toxic bullying culture in Parliament has emerged, as a Sky News investigation reveals numerous shocking allegations of abusive behaviour by MPs. A five-month-long probe uncovered disturbing accounts of MPs regularly demeaning and berating staff, leaving them feeling scared and isolated. Some felt forced to leave politics altogether while others suffered lasting
3:19 PM ET Mike CoppingerESPN Shakur Stevenson failed to make weight Thursday ahead of his fight vs. Robson Conceicao on Friday in Newark, New Jersey, and will be stripped of his two 130-pound titles, per championship fight rules governed by the WBO and WBC. The 25-year-old weighed 131.6 pounds and had two hours to shed
Kwasi Kwarteng will promise a “new era for Britain” with a major package of measures to “turn the vicious cycle of stagnation into a virtuous cycle of growth”. The chancellor is set to announce tens of billions of pounds both of increased spending and of tax cuts when he delivers his mini-budget at around 9.30am
Self-confessed Pokemon obsessive Ed Sheeran has teamed up with the makers of the video game series on his new single. The track is entitled Celestial and is out on 29 September, with the accompanying video having been animated by Pokemon creatives. Sharing a sketch showing him with the Pikachu character from the games, Sheeran wrote
Astronomers said Thursday they have spotted a hot bubble of gas spinning clockwise around the black hole at the centre of our galaxy at “mind blowing” speeds. The detection of the bubble, which only survived for a few hours, is hoped to provide insight into how these invisible, insatiable, galactic monsters work. The supermassive black
A top executive at Morrisons is in talks to leave, days after it emerged that the Bradford-based grocer had been displaced as Britain’s fourth-biggest supermarket chain. Sky News has learnt that Trevor Strain, Morrisons’ chief operating officer and previously its finance chief, is close to finalising his departure. Mr Strain, who has frequently been touted
President Joe Biden has fallen on the stairs of Air Force One while boarding the aircraft. Mr Biden, who was on his way to Atlanta, appeared unhurt and carried on unaided. SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews and https://twitter.com/skynewsbreak Like us on Facebook: https://www.facebook.com/skynews Follow us on