Jeremy Hunt has confirmed that Prime Minister Liz Truss’s economic vision is not only dead, but that the immediate actions of this administration will be to do almost exactly the opposite of what the prime minister promised during the summer leadership campaign. This was a cold, hard reality check from a chancellor who is being
ISRO’s heaviest rocket LVM3 will launch British start-up OneWeb’s 36 broadband satellites from the spaceport in Andhra Pradesh’s Sriharikota on October 23, marking the launcher’s entry into the global commercial launch service market. LVM3 was earlier called GSLV Mk III. The launch of ‘LVM3 – M2/OneWeb India-1 Mission’ is scheduled at 12:07am IST on October
The new chancellor Jeremy Hunt has said there “were mistakes” in Liz Truss and Kwasi Kwarteng’s mini-budget. Speaking to Sky News on Saturday, Mr Hunt said: “It was a mistake when we were going to be asking for difficult decisions across the board on tax and spending to cut the rate of tax paid by
Ford’s electric vehicles are being put to good use, you know, other than saving the planet from harmful greenhouse gas emissions. Since launching, they have been used as power sources during devastating disasters like hurricanes and floods. Now, Ford reports its electric vehicles, including the F-150 Lightning truck and E-transit van, are being put to
Sam Bankman-Fried, founder and chief executive officer of FTX Cryptocurrency Derivatives Exchange, speaks during the Institute of International Finance (IIF) annual membership meeting in Washington, DC, on Thursday, Oct. 13, 2022. Ting Shen | Bloomberg | Getty Images Crypto billionaire Sam Bankman-Fried is backing down from a previous comment suggesting he could spend $1 billion
More than five million households could see their annual mortgage payments rise by an average of £5,100 between now and the end of 2024, a leading think tank has warned. In total, mortgage payments are set to rise annually by £26bn over the next two years, according to the Resolution Foundation. Affected households in London
Some 1.8 million children face poorer quality school meals as a result of the rising cost of food, according to a new survey. LACA, the school caterers trade body, says food prices have risen by 30% since May 2022, resulting in 28% of school caterers now using more processed foods. More than a third of
A 15-year-old boy has been arrested on suspicion of killing five people in North Carolina and is in a critical condition in hospital, US police have said. The boy, who has not been named, is alleged to have fatally shot two people in the state’s capital city of Raleigh before opening fire on a walking
Ukraine troops in Torske remain defiant and continue to push to take territory from Russia despite nuclear threats. #ukraine #russia #nuclear SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content go to
CNN military analyst Gen. Wesley Clark (Ret.) responds to the Russian bridge explosion in Crimea and what he learned about how Russians fought wars while he was serving. #CNN #News
In this article AMZN Follow your favorite stocksCREATE FREE ACCOUNT A worker delivers Amazon packages in San Francisco, California, US, on Wednesday, Oct. 5, 2022. Amazon’s Prime Early Access Sale is on through Oct. 12 to boost sales among cost-conscious consumers who are expected to start their holiday shopping even earlier this year. Bloomberg |
So farewell, then, Trussonomics. The demise of the country’s second shortest-lived chancellor also brings with it the demise of the country’s shortest-lived economic movement. Liz Truss came into office promising to boost the country’s growth rate through a forensic combination of tax cuts, reforms to the country’s supply side (for which read: things like planning
The fourth long-duration astronaut team launched by SpaceX to the International Space Station (ISS) for NASA departed the orbiting outpost on Friday to begin their flight back to Earth, capping a science mission of nearly six months. The SpaceX Crew Dragon capsule carrying three US NASA astronauts and an Italian crewmate from the European Space Agency
Donald Trump has responded to a congressional committee that wants to hear his evidence about the assault on the US Capitol building, but he hasn’t said whether he will appear. In a memo to members of the January 6 committee, he didn’t address their subpoena calling on him to give evidence before them. Rather, he
German automaking giant Volkswagen released its September deliveries report showing a 25% jump in EV deliveries through the first nine months of 2022. Despite ongoing supply chain constraints, consumers are buying VW’s electric models at a record pace as the automaker’s EV sales share climbs to a new high of 6% in September. Volkswagen is
Activists of “Just Stop Oil” glue their hands to the wall after throwing soup at a van Gogh’s painting “Sunflowers” at the National Gallery in London, Britain October 14, 2022. Just Stop Oil | Reuters LONDON — Two activists from campaign group Just Stop Oil were arrested Friday after throwing tomato soup on Vincent Van
Tory MPs appear to be divided over the future of Liz Truss as prime minister following her major U-turn announcement. Ms Truss reversed a key policy to scrap the planned rise in corporation tax from 19% to 25% after she sacked Kwasi Kwarteng as chancellor. Heated messages were shared in Conservative Party WhatsApp groups after
Vladimir Putin has said he has “no” regrets over the war in Ukraine and warned that any direct clash of NATO troops with Russia could lead to a “global catastrophe”. On Friday, the Russian president spoke at a news conference in the Kazakh capital, Astana, and also said that his country’s partial mobilisation will be
In this article VSAT Follow your favorite stocksCREATE FREE ACCOUNT The offices of satellite operator Inmarsat in central London. Leon Neal | AFP | Getty Images The U.K.’s competition regulator launched an in-depth probe into American satellite internet company Viasat’s $7.3 billion deal to buy British rival Inmarsat. The Competition and Markets Authority on Friday
Liz Truss has said “I want to be honest, this is difficult” after sacking her chancellor and reversing key policies of her government’s growth plan. In a news conference shortly after dismissing Kwasi Kwarteng, Ms Truss said: “The way we deliver our mission has to change.” But she said the “mission remains” to deliver a