Deputy Prime Minister Dominic Raab repeatedly reduced staff to tears and “ruined people’s lives” through “coercive behaviour”, according to officials who worked with him. As an inquiry into the bullying claims against Mr Raab nears its conclusion, Sky News spoke to individuals across various government departments who raised concerns about his treatment of colleagues. Adam
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The European Central Bank (ECB) has maintained its fight against inflation and imposed a large set of interest rate hikes despite financial market turmoil. Bank balance sheets have suffered because of the effect of interest rate increases, which have contributed to recent crises at Silicon Valley Bank and Credit Suisse. But the central bank –
Poland is to send Ukraine four MiG-29 fighter jets in the coming days, it has been announced, with more to follow later. “Firstly, literally within the next few days, we will hand over, as far as I remember, four aircraft to Ukraine in full working order,” Polish President Andrzej Duda said on Thursday. “The rest
A grandmother has told Sky News how she was forced to sell her home of 40 years to help pay for her granddaughter’s childcare. The issue highlights how the cost of living is crippling some families. They will be hoping Wednesday’s Budget eases their financial burden. Read more on the story here: https://news.sky.com/story/cost-of-living-crisis-grandmother-had-no-choice-but-to-move-in-with-daughter-to-survive-financial-turmoil-12830310 #skynews #costofliving
New Day’s John Berman asks Rep. Elissa Slotkin (D-MI) of the House Homeland Security Committee to comment on the Russian Deputy Foreign Minister’s announcement regarding a de-escalation in Kyiv and Chernihiv, two Ukrainian cities that have been under heavy Russian bombardment. #CNN #News
The US Air Force has released video said to show a Russian jet intercepting an American drone and dumping fuel on it over the Black Sea. It said two Russian Su-27 jets flew close to the MQ-9 Reaper before one hit its propeller and forced remote operators to crash it into the ocean. Tuesday’s incident
Dallas-based infrastructure manufacturer Arcosa (NYSE: ACA) said today that it’s received $750 million worth of wind turbine tower orders, so it’s building a new factory where it can make them. The majority of the company’s wind turbine tower orders will support wind energy projects currently under way in the US Southwest, so that’s why it
Energy stocks were slammed Wednesday as U.S. oil prices plunged to their lowest levels since December 2021. The extent of the decline in West Texas Intermediate crude — down 5.5% to under $67 per barrel — seems overdone in an energy market that remains structurally undersupplied. However, we’re not ready to step in right here
Jeremy Hunt’s budget leaves household incomes stagnant and people paying higher taxes despite cuts to public services, the Resolution Foundation has said. The think tank, which aims to improve the standard of low and middle-income families, said the chancellor had announced an “impressively broad suite of policies” to encourage more people into work. However, it
SINGAPORE — Compared to startups, Southeast Asia’s venture capital firms could see a bigger impact from the collapse of Silicon Valley Bank because finding a replacement for the U.S.-based bank in the region will be challenging. “I think from a VC firm’s perspective, you will see a bigger impact here,” said David Gowdey, managing partner
Credit Suisse has said it will borrow up to 50bn Swiss francs (£44.5bn) from the Swiss central bank to shore up its liquidity. The bank said it was “taking decisive action to pre-emptively strengthen its liquidity”, after a drop in its shares intensified fears of a global financial crisis. “This additional liquidity would support Credit
More than 100 tech firms’ CEOs have told Chancellor Jeremy Hunt they believe the collapse of Silicon Valley Bank would bring harm to the UK’s tech sector. PM Rishi Sunak, who is flying to the US for an official visit, has echoed comments by Chancellor Jeremy Hunt that the Treasury is “working at pace” to
Erica Herman, who was a longtime girlfriend of golfer Tiger Woods, has filed two separate complaints after the six-year relationship between the pair came to an end. Both filings were made to the circuit court in Martin County, Florida. The first suit, filed in October 2022, alleges a trust owned by Woods violated the Florida
Labour has said it will oppose plans to abolish the lifetime pensions allowance, calling it a “tax cut for the rich”. Shadow chancellor Rachel Reeves said the party will force a vote on the policy next week, predicting it could “unravel as quickly as it began”. Ms Reeves compared it to Liz Truss’s doomed attempt
The US says the drone which crashed into the Black Sea after encountering two Russian fighter jets will not provide intelligence of any value should Moscow attempt to recover its wreckage. Russian officials have said they will seek to find whatever is left of the MQ-9 Reaper, which was downed on Tuesday. Sergei Naryshkin, head
A new spacesuit designed for astronauts hoping to land on the moon has been demonstrated in Texas. NASA awarded Axiom Space, a company based in Houston, a $228.5m contract to provide the outfits for the first moon landing in more than 50 years. The space agency is targeting late 2025 at the earliest to land
Teenage workers on Jeremy Clarkson’s farm are allegedly having to “wear body cameras” after locals directed “abuse” at them. It comes as the television presenter battles to get his expansion plans for Diddly Squat Farm approved after they were turned down last May by the council. West Oxfordshire District Council (WODC) and some villagers are
At the BMW Annual conference 2023, the automaker announced further details while giving us a preview of its first fully electric 5 series, the i5 sedan launching in October. CEO Oliver Zipse added that “a fully electric performance model” from BMW M gmbH will be included in the lineup. BMW reveals new details about its
Russia announced that it would cut oil production by 500,000 barrels per day in March after the West slapped price caps on Russian oil and oil products. Picture Alliance | Picture Alliance | Getty Images The International Energy Agency on Wednesday said Russia’s oil export revenues fell sharply in February, prompted by bans and price
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Facebook Chief Executive Officer and founder, Mark Zuckerberg, leaving the Merrion Hotel in Dublin after meeting with Irish politicians to discuss regulation of social media, transparrency in political advertising and the safety of young people and vulnerable adults. On Tuesday, April 2, 2019, in Dublin,