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
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT A shopper looks at a wall fully occupied with iPhone case covers at the American multinational technology company Apple store in Hong Kong. China’s consumer prices rose at a slower-than-expected pace in August amid heatwaves and Covid-19 flare-ups, while producer inflation eased to the lowest
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
Sky’s Alex Crawford reports from Torske on the eastern frontline, where Ukrainian forces are pushing the Russians further back into the Donbas – and residents are being faced with the grim realities of war. Warning: This report contains images of one of the Russian soldiers killed in the counter-offensive. SUBSCRIBE to our YouTube channel for
Roya Hakakian, an Iranian American writer, joins CNN’s Fareed Zakaria to discuss the political climate in Iran in light of ongoing protests in the country. #CNN #News
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
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
Harry Potter and Cracker actor Robbie Coltrane has died aged 72. The Scottish-born star, known for playing the Hogwarts gamekeeper Hagrid in the Potter film franchise and criminal psychologist Dr Eddie ‘Fitz’ Fitzgerald in the 1990s TV crime drama, died on Friday. In a statement, his agent of 40 years, Belinda Wright, said the actor
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
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
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
Trek has just unveiled its lightest electric bike to date, the Trek Domane+ SLR. The stealthy e-bike is designed to slot right in alongside non-electric bikes without sticking out. Trek Domane+ SLR Weighing in at a mere 11.75 kg (25.9 pounds), the Trek Domane+ SLR is the company’s lightest electric road bike to date. It
In this article ALB Follow your favorite stocksCREATE FREE ACCOUNT SILVER PEAK, Nev. — On the edge of Western Nevada, hours from a major city and miles down private dirt roads, lies the United States’ only lithium-producing plant. The nearest town is Tonopah — population 2,179 — where a prospector discovered silver at the turn
Kwasi Kwarteng has been sacked as Chancellor — watch Downing Street live. Full story: https://news.sky.com/story/kwasi-kwarteng-sacked-as-chancellor-after-mini-budget-turmoil-sky-news-understands-12719407 Live updates: https://qrcode.skynews.com/skynews/politicshub #DowningStreet #Politics #skynewslive #kwasikwarteng #liztruss 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
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
Human rights groups have warned of Iranian security forces’ escalating response to demonstrations in the western province of Kurdistan. Clips from the regional capital Sanandaj appear to show security forces firing weapons in residential neighbourhoods and large groups of anti-riot police moving around the city. The city was one of the first to see demonstrations
The financial markets have responded negatively following Liz Truss’s announcement of a U-turn on corporation tax in a bid to reassure investors. As was widely predicted, the prime minister said she was abandoning the government’s commitment to drop the planned tax increase from 19% to 25% – even though it was a central plank of
London Film Festival has returned in its full, in-person form this year, as celebs and filmmakers head back to the event to show off their latest projects to a British audience. Backstage, the TV and film podcast from Sky News, has been at the British Film Institute’s flagship event on London’s South Bank, watching films
Just Stop Oil activists have thrown tomato soup over Van Gogh’s masterpiece Sunflowers at the National Gallery. Two women walked into a room at the gallery in London’s Trafalgar Square at about 11am, the campaign group said. They threw the contents of two tins of Heinz tomato soup over the famous 1888 painting, which has
Elon Musk said on Friday SpaceX cannot “indefinitely” fund the Starlink internet service in Ukraine and send it several thousand more terminals after a report suggested that his rocket company had asked the Pentagon to pay for the donations. Musk‘s comment on the question of support for the internet service in Ukraine comes after he
Elon Musk said that his company SpaceX cannot fund the Starlink service in Ukraine “indefinitely.” Michael Gonzalez | Getty Images News | Getty Images Elon Musk said Friday that SpaceX cannot continue fund Starlink terminals in Ukraine “indefinitely,” after a report suggested his space exploration company had asked the Pentagon to cover the costs. SpaceX’s
3:24 AM ET Kylian Mbappe wants out at PSG and Real Madrid are keen, but what’s really going on? ESPN’s Insider Notebook has the latest. Jump to: Xabi Alonso tipped as potential Real Madrid manager | Man Utd wary of Barcelona’s Dalot interest | Man City identify key area to rebuild Kylian Mbappe’s complicated relationship
In July, a puzzling new image of a distant extreme star system surrounded by surreal concentric geometric rungs had even astronomers scratching their heads. The picture, which looks like a kind of “cosmic thumbprint”, came from the James Webb Space Telescope, NASA’s newest flagship observatory. The internet immediately lit up with theories and speculation. Some
Royal Mail has announced it will begin a process to make 5,000 to 6,000 roles redundant by August next year. The announcement, made in a trading update by the postal service’s parent company, has been blamed on industrial action taken by Royal Mail workers, delays in improving productivity and falling parcel volumes. A process of
Elon Musk is being investigated by federal authorities over his conduct in his $44bn (£39bn) takeover deal of Twitter, the social media company has said in a court filing. The world’s richest man recently announced he would go ahead with purchasing the platform for the huge sum, following months of legal battles. Twitter, which sued
He calls it the “Unselect Committee” and his appearance before it is uncertain, to say the least. Certainly, Donald Trump showed no inclination in the wake of his subpoena. “The committee is a total BUST that has only served to further divide our country,” he opined on his Truth Social media platform. From its start,
Since the beginning of 2021, more than 15 new US lithium-ion battery gigafactories or expansions have been announced in a region becoming known as the Battery Belt. Combined, these facilities represent a potential investment of at least $40 billion, according to the Federal Reserve Bank of Dallas. All but one gigafactory exceeds 10 GWh of