It looks to be over. Jeremy Hunt’s decision to not just junk most of Liz Truss’s tax-cutting plan but go further and ditch much of her flagship energy policy signalled the end of not only “Trussonomics”, but potentially the prime minister herself. When the end comes is unclear: Ms Truss may have been bought some
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The world’s first geological tomb for nuclear waste is rapidly taking shape more than 400 metres below the forests of Finland. Batches of lethally radioactive uranium will start arriving within two years for burial in the warren of tunnels carved into the bedrock. Other countries, including the UK, are considering plans to build their own
Nearly all the tax cuts announced in the government’s mini-budget are being reversed – here are seven things you need to know about the U-turn. 1. Let’s start with the fact that actually it wasn’t just a U-turn. It was more. Not only did it reverse the majority of policies in the mini-budget, it went
8:00 AM ET What will the 2022-23 NBA season be remembered for? Some teams will look very similar, but the landscape of the league is never exactly the same two years in a row. An offseason full of big trades and a handful of star players returning from injury is bound to shake up the
Little Simz has won this year’s prestigious Mercury Prize with the album Sometimes I Might Be Introvert She beat off Yard Act, Wet Leg, Self Esteem, Sam Fender, Nova Twins, Kojey Radical, Joy Crookes, Jessie Buckley and Bernard Butler, Harry Styles, Gwenno and Fergus McCreadie. Little Simz was crowned winner at London’s famous Hammersmith Apollo
Remember those fun little Jeep-like MOKE cars from the heyday of 1960s open-top fun-mobiles? Just months after landing a $55M funding deal, MOKE International is bringing them back to the US for the first time in decades with its new MOKE Californian model. MOKE Californian returning to US Some of our readers may remember that
In this article STLA-IT Follow your favorite stocksCREATE FREE ACCOUNT The Stellantis CEO Carlos Tavares, photographed in Turin, Italy, on March 31, 2022. Stefano Guidi | Getty Images News | Getty Images The CEO of Stellantis told CNBC Monday that the company would use its own sites to generate half the energy it needs for
Elon Musk has completed his $44bn takeover of Twitter after months of toing and froing over the deal, according to US media reports. His first move was to fire the social media company’s top leadership which he accused of misleading him over the number of spam accounts on the platform. Musk sacked chief executive Parag
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, October 14, 2022. Brendan McDermid | Reuters Here are the most important news items that investors need to start their trading day: 1. Volatility and earnings Last week, economic data fed the market’s volatility. Inflation remains red hot, so
After allowing her chancellor to rewrite the government’s energy price plan, Liz Truss has just removed one of her biggest remaining arguments for staying in power. Yes, reversing the Kwarteng income tax cut, abolishing the dividend tax changes and the VAT-free shopping scheme are very politically painful. But abandoning the existing energy price cap scheme
Jeremy Hunt has revealed he is reversing “almost all” of the tax cuts announced in his predecessor’s mini-budget and is scaling back support on energy bills. In an emergency statement, the chancellor said a 1p cut to income tax will be delayed “indefinitely” until the UK’s finances improve instead of being introduced in April 2023
Netflix has defended The Crown as a “fictional dramatisation” after coming under fire for scenes expected to feature in its upcoming fifth series. The big-budget royal drama moves into the 1990s for its next season, covering the period around the break-up of Charles and Diana‘s marriage – starring Dominic West and Elizabeth Debicki as the
Members of K-pop band BTS are to fulfil their requirement to do military service in South Korea, their representatives say. Label Big Hit Music said members of BTS are “honoured to serve” their country. The band – RM, Jin, SUGA, j-hope, Jimin, V, and Jung Kook – will reconvene “around 2025” following their service commitment,
Russian forces will soon be down to their last supplies of fuel and unable to transport their troops in Ukraine after the crippling attack on the Kerch Bridge between Crimea and Russia, say analysts. President Vladimir Putin will have hoped his recent missile onslaught across Ukraine had projected an image of strength, but has been
A Labrador retriever hilariously freezes when he sees decorative Halloween cats. CNN’s Jeanne Moos reports on the copycat dog. #CNN #News
Financial markets have reacted positively to the new chancellor’s cull of more costly measures in his predecessor’s disastrous mini-budget. Jeremy Hunt revealed in a televised statement that he would no longer be proceeding with almost all the controversial package, including the reduction in the basic rate of income tax from 20% to 19% from next
second Quarter DAL PHI TD 14:55 Miles Sanders 5 Yd Rush, J.Elliott extra point is GOOD, Center-R.Lovato, Holder-A.Siposs. 15 plays, 80 yards, 7:36 0 7 TD 10:40 A.J. Brown Pass From Jalen Hurts for 15 Yds, J.Elliott extra point is GOOD, Center-R.Lovato, Holder-A.Siposs. 7 plays, 44 yards, 4:07 0 14 FG 7:53 Jake Elliott Made
A firefighter who was nine months pregnant and involved in a car accident has been hailed a “true public servant” after she put herself aside and stepped in to help others in the smash. Megan Warfield, a firefighter in the US state of Maryland, was just a week away from her due date when she
Mercedes-Benz has flooded the newswire today, sharing multiple press releases surrounding its EV technology. Today’s news includes more granular details relating to its upcoming EQE SUV, as well as first images and specs for the Mercedes-AMG EQE SUV that will soon join it. There is A LOT to unfold here, so let’s hop right in..
In this article HMC 7267.T-JP 6758.T-JP Follow your favorite stocksCREATE FREE ACCOUNT Yasuhide Mizuno, the chairman and CEO of Sony Honda Mobility Inc., speaks during a news conference in Tokyo, Japan, on Oct. 13, 2022. Kiyoshi Ota | Bloomberg | Getty Images The Sony-Honda joint venture focused on electric vehicles plans to begin deliveries to