Labour is demanding the government publishes its promised progress report on “levelling up”, saying there is “no excuse for dodging scrutiny by both parliament and the public”. Shadow levelling up secretary Lisa Nandy has written to her government counterpart, Michael Gove, pointing to the pledge he made when launching the levelling up white paper one
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The US central bank has slowed the pace of interest rate hikes further but indicated more rises are likely despite official figures suggesting price pressures have peaked in the world’s largest economy. The Federal Reserve revealed its verdict hours before counterparts in the UK and Europe made their next moves in the battle against inflation
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee
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New data shows that more businesses are going insolvent than at the peak of the 2008 financial crisis. Many firms are also facing soaring energy bills and consequently rising debt. That is likely to result in companies shedding workers to cut costs. #skynews #economy #costofliving SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow
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In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT A man walks through Google offices on January 25, 2023 in New York City. Leonardo Munoz | Corbis News | Getty Images Google is testing new artificial intelligence-powered chat products that are likely to influence a future public product launch. They include a new chatbot
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Norway’s sovereign wealth fund was established in the 1990s to invest the surplus revenues of the country’s oil and gas sector. Bloomberg | Bloomberg | Getty Images Norway’s sovereign wealth fund on Tuesday reported a record loss of 1.64 trillion Norwegian kroner ($164 billion) for the whole of 2022, citing “very unusual” market conditions. The
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Sky’s Ed Conway analyses mortgage rates and their burdens – the interest rates paid on debts – which are heading towards their highest levels since the late 80s. #Mortgage #skynews #economy 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
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Arriving in Haiti’s capital, Port-au-Prince, the sheer scale of the poverty takes your breath away. The streets are teeming with people but everywhere is shrouded in acrid smoke from piles of burning rubbish. From the hills above Port-au-Prince, the city at times disappears in a fog of polluted air. Wherever you walk people ask for
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The Inflation Reduction Act will drive electrification of transportation forward but won’t be enough to meet the United States’ climate goals under the Paris Agreement, according to a new report from the International Council on Clean Transportation. The ICCT is best known as the research group that broke the Volkswagen Dieselgate scandal. We recently covered another
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Temperatures have hit a new low in Northern China of -53C, so cold that a cup of boiling water in the air freezes almost instantly. #china #northpole #skynews 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
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Downing Street has insisted that the UK’s economy is strong despite the International Monetary Fund’s warning that Britain’s economy will go into reverse this year and will fare worse than all other advanced nations. In its latest World Economic Outlook update, the IMF downgraded its UK gross domestic product (GDP) forecast once again, predicting a
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