The market turmoil caused by Friday’s seismic mini-budget has hit mortgage offerings as providers withdrew partial and entire lending ranges. Virgin Money and Skipton Building Society have temporarily withdrawn their entire mortgage product range, while Halifax, the country’s largest mortgage lender, said it is to remove fee-paying mortgages. Fee-paying mortgages allow borrowers to pay a
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Ten months after launch, NASA’s asteroid-deflecting DART spacecraft neared a planned impact with its target on Monday in a test of the world’s first planetary defense system, designed to prevent a doomsday collision with Earth. The cube-shaped “impactor” vehicle, roughly the size of a vending machine with two rectangular solar arrays, was on course to
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Tropical storm Ian has strengthened into a hurricane set to unleash significant winds, flash floods and mudslides in Florida, Cuba and Jamaica, weather experts have warned. The weather system is about 90 miles (150km) southwest of the Cayman Islands in the Caribbean Sea, according to the latest advisory issued by the National Hurricane Centre (NHC)
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The Bank of England says it “will not hesitate to change interest rates as necessary” after markets reacted badly to the chancellor’s tax-cutting mini-budget. In a statement, the Bank said it was “monitoring developments in financial markets very closely in light of the significant repricing of financial assets”. It came after the pound fell to
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The pound has fallen to a record low against the dollar amid a fresh investor rush towards the US currency globally. Sterling slipped by nearly 5% early on Monday to $1.0327 – building on fresh 1985 lows seen on Friday after UK chancellor Kwasi Kwarteng unveiled the biggest programme of tax cuts for 50 years.
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Huck Cycles, a North Carolina electric moped maker, is finding that its off-road optimized electric moped is actually proving quite popular for city riders as well. It’s a surprising finding, considering the bike was originally designed for hunters, campers and other outdoor enthusiasts that wanted a powerful but (relatively) lightweight electric two-wheeler. The bike was
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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
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War analyst Sean Bell, a retired air vice-marshal, says Ukraine faces a problem as it begins the battle to retake Kherson from Russia. 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
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Labour will pledge to “build British industry” through the use of a state-owned investment fund during the second day of the party’s conference in Liverpool. In her speech later today, Rachel Reeves, the shadow chancellor, will set out the party’s industrial strategy, which includes promises to invest in national projects from battery factories to clean
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This week on Electrek’s Wheel-E podcast, we discuss the most popular news stories from the world of electric bikes and other nontraditional electric vehicles. This time that includes news about Harley-Davidsons electric motorcycles and electric bicycles, a new two-seater shared e-bike from Veo, e-bike reviews, e-bike anti-theft tips, Zero’s new long range adventure electric motorcycle, and lots
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