Mortgages continued to become more expensive despite the number of products on the market gradually increasing. The average mortgage interest rate on a two-year fixed term mortgage is now 6.3%, according to data compiled by financial information company Moneyfacts. A similar rise has taken place in the average five year fixed term mortgage, which has
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A worker at a chips factory in Chongqing, China, on March 30, 2022. Future Publishing | Future Publishing | Getty Images BEIJING — Chinese chip stocks fell Monday after the U.S. announced new export controls aimed at limiting Beijing’s ability to produce advanced military systems. The sweeping rules mean companies must apply for a license
Chancellor Kwasi Kwarteng’s debt-cutting plan will be published on 31 October – three weeks earlier than planned – alongside an independent economic forecast, the Treasury has confirmed. Both the publication of the medium-term financial plan and the forecast by the Office for Budget Responsibility (OBR) had been due on 23 November, but the chancellor has
The Bank of England has announced it is doubling the value of UK government bonds it can buy up as it enters the final days of its emergency bond buying programme in an effort to support the pension market and allay fears of a cliff edge ending. The Bank has said it is ready to
Liz Truss is expected to make a decision on whether to uprate benefits in line with inflation in November, a department for work and pensions minister has said. Victoria Prentis told Sky News that “no decision has been taken about the uprating of benefits” but that she is sure that the government will “make that
The eastern Donetsk town of Lyman is a husk of its former self, pummelled to bits with the heart ripped out of it and the few residents still there living beneath ground ‘like moles’. #Donetsk #Ukraine #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:
CNN’s Nick Paton Walsh visits Lyman in eastern Ukraine hours after Ukraine regained control of the city from Russian forces. #CNN #News
A two-year-old boy has been safely reunited with his family after their car was stolen with him inside. He was taken in Grand Rapids, Michigan, as his parents were putting another child on a bus – and it was school bus drivers who helped find the boy. Dave Skinner was on his route last Tuesday
At least eight people have been killed and dozens injured in Kyiv with several other cities also targeted by Russian missile attacks. Rostyslav Smyrnov, an aide to the interior minister, said six cars had caught fire after the initial attack – and another 15 vehicles were damaged. Explosions have also been heard in Lviv, Ternopil,
Kanye West’s Twitter and Instagram accounts were restricted over the weekend, with the social media platforms saying they removed the rapper’s posts after online users condemned them as antisemitic. West, who has legally changed his name to Ye, had his Instagram account suspended after a since-removed post in which he allegedly invoked antisemitic tropes, accusing
Anna “Delvey” Sorokin, the con artist who swindled Manhattan’s elite by posing as a German heiress, says she got “exactly what I wanted” after her release from jail. In her first interview since getting out, she told the New York Times she is “really happy” to be out of jail and added that “nothing was
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 new electric bikes from Yamaha and Delfast, test riding the new LiveWire S2 Del Mar and the Polaris RANGER XP Kinetic, new electric motorcycles from Sur Ron and SUPER73,
Heidi Gutman | CNBC Ahead of the release of the latest consumer price index reading this week, Allianz Chief Economic Adviser Mohamed El-Erian told CBS’ “Face The Nation” Sunday that he predicts headline inflation “will probably come down to about 8%,” but that core inflation “is still going up.” Core inflation is what measures the
Just a couple of years ago, it seemed that space mining was inevitable. Analysts, tech visionaries and even renowned astrophysicist Neil deGrasse Tyson predicted that space mining was going to be big business. Space mining companies like Planetary Resources and Deep Space Industries, backed by the likes of Google‘s Larry Page and Eric Schmidt, cropped
12:50 PM ET ESPN staff The AP Top 25 college football poll is out after another wild weekend of games. But what happens from here? We break down what’s next for each ranked team. Previous ranking: 2 Week 6 result: Defeated Auburn 42-10 What’s next: vs. Vanderbilt (Saturday, 3:30 ET) Halfway through the 2022 season,
Foreign Secretary James Cleverly has said the Chancellor’s mini-budget was “incredibly well thought-through”, but the Queen’s death meant the government could not explain their plans to the public. He said Mr Kwarteng’s package would support people and their energy bills but “95% of that was ignored and people were talking about the 45p tax rate”.
Ukrainian forces have pushed toward the occupied city of Kherson and captured the town of Zolota Balka on the western bank of the Dnipro River, according to a regional official and pro-Russian military blogger. CNN’s Fareed Zakaria says he thinks recent gains by the Ukrainian military are turning the tide of the war with Russia.
The hunger is sharp in Lyman but the instinct to survive, even sharper. It’s been exceptionally honed in those Lyman residents who’ve remained through months of fighting, bombing and Russian occupation. And there are a surprisingly large number of them. We see crowds on the outskirts of the town, gathering around a small warehouse where
Cabinet minister Nadhim Zahawi has warned restive Tory MPs that “dither or delay will end in defeat” as he appealed for unity just over a month after Liz Truss took office. Speaking to Sky News, the Chancellor of the Duchy of Lancaster stressed the need for party colleagues to “focus” on delivery or face being
A former boss of crisis-hit Wasps is spearheading a takeover bid for the Premiership Rugby club that could save it from the threat of relegation or extinction. Sky News has learnt that David Armstrong, who stepped down as Wasps’ chief executive in 2017, is working with Terminum Capital, an investment firm, on a bid to