It is hard to think of another day – certainly one outside a recession – when so much bad economic news came in one single torrent. Energy bills up by £700 (with more to come thereafter), interest rates raised, inflation set to exceed 7% for the first time in a generation and now households expected
The leader of Islamic State has been killed during a raid by US special forces in Syria. Abu Ibrahim al-Hashimi al-Qurayshi died by exploding a bomb that killed himself and members of his family as American forces approached a house in the rebel-held province of Idlib, a US official said. He was among at least
The “vast majority” of households will receive £350 of help to take the “sting” out of rising energy bills, the chancellor has announced. Rishi Sunak said 80% of all homes in England will get a £150 discount on their council tax bill in April, while all domestic electricity customers will get £200 in October off
The Bank of England has raised interest rates, slashed its growth forecast and warned that families are about to suffer the biggest fall in living standards since comparable records began three decades ago. On a red letter day in Britain’s cost of living crisis, the Bank said that households will see their post-tax disposable income
Millions of households will see their energy bills rise to a typical £1,971 a year after regulator Ofgem increased its price cap by 54%. The increase, which will on average see bills for 22 million customers on variable gas and electricity tariffs rise by £693, will take effect in April and follows a 12% rise
The films in the running for this year’s BAFTA awards have been announced. Dune, West Side Story, James Bond’s No Time To Die, Belfast and The Power Of The Dog are among the movies up for prizes in 2022, while Lady Gaga, Leonardo DiCaprio and Will Smith are among the acting nominees. You can read
Rihanna has shared a photo of her baby bump after announcing she and rapper boyfriend A$AP Rocky are expecting their first child together. The singer and businesswoman, 33, showed off her growing bump to her 120 million Instagram followers as she stood in a white-tiled bathroom lifting her sports jersey. “How the gang pulled up
A production and storage vessel which can hold up to two million barrels of oil has exploded off the coast of Nigeria with ten crew members on board. The FPSO Trinity Spirit, with can process up to 22,000 barrels of oil per day, was situated near Warri in southern Nigeria when it burst into flames.
Dune has bagged the most nominations at this year’s BAFTA film awards with 11, followed by Netflix western The Power Of The Dog and Kenneth Branagh’s semi-autobiographical Belfast. All three go up in the best film category, along with Adam McKay’s climate-comedy Don’t Look Up and Paul Thomas Anderson’s 1970s drama Licorice Pizza. Dune, which
International Space Station (ISS) is entering its final decade of operational life and NASA is planning to open it for commercial activities. The space agency has detailed the transition plan in a new report. It outlines the steps being taken by NASA to develop “both the supply and demand side” of the low-Earth-orbit commercial economy.
A US intelligence agency said Wednesday that its newest spy satellite successfully launched into orbit atop a reusable SpaceX Falcon 9 rocket. The SpaceX rocket took off at 12:27 pm local time (01:57am IST on February 3) from the Vandenberg Air Force base in California, the National Reconnaissance Office (NRO), which is in charge of
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The logo of cryptocurrency platform Solana. Jakub Porzycki | NurPhoto via | Getty Images One of the most popular bridges linking the ethereum and solana blockchains lost more than $320 million Wednesday afternoon in an apparent hack. It is DeFi’s second-biggest exploit ever, just after the $600 million Poly Network crypto heist, and it is
Manchester United footballer Mason Greenwood has been arrested on suspicion of rape and assault. The allegations – which included video, photographs and a voice note alleging to be a conversation between Greenwood and the woman – were released on Instagram on Sunday morning. Sky News’ Tom Parmenter reports. SUBSCRIBE to our YouTube channel for more
The Russian military, which had announced naval drills off the coast of Ireland, agreed to move them further away after fishermen vowed to disrupt them. CNN’s Donie O’Sullivan speaks with some of the fishermen involved in the process. #CNN #News
In this article FB Facebook CEO Mark Zuckerberg speaks during a live-streamed virtual and augmented reality conference to announce the rebrand of Facebook as Meta, in this screen grab taken from a video released October 28, 2021. Facebook | via Reuters Facebook is set to report fourth-quarter earnings after the bell on Wednesday. Here are
Analysis by Jon Craig, political correspondent It’s being called D-day for the cost-of-living crisis. And Rishi Sunak is determined to be centre stage and show the public and Tory MPs that he has the right measures to tackle it. On a day of good news and bad news, on which the bad threatens to outweigh
In this article FB Building the metaverse isn’t cheap. Meta, Facebook’s parent company, revealed the financials of its Reality Labs division for the first time in its Q4 2021 earnings report on Wednesday. That’s the segment of the company tasked with building CEO Mark Zuckerberg’s vision for the metaverse. It also includes revenue from hardware,
3:30 PM ET Luis Diaz to Liverpool. Dusan Vlahovic to Juventus. Ferran Torres to Barcelona. Robin Gosens to Inter. Julian Alvarez to Manchester City. These are five of the biggest deals in the transfer window that just closed… and, generally, five moves that were hailed as good business. Time will tell, of course, but when
Boris Johnson must encourage the EU and Joe Biden to provide aid for Afghanistan to prevent a “needless loss of lives”, Gordon Brown has said. The former prime minister was speaking after viewing a Sky News report from the Taliban-run country, showing “malnourished, horribly weak” children and a toddler who had frozen to death. Multiple