Government borrowing rose to £17.4bn last month – the second highest October figure since monthly records began, official figures show. Economists had predicted £13.3bn of borrowing. The Office for National Statistics (ONS) said public sector net borrowing was £1.6bn higher than the same month last year. Figures also showed that central government debt interest rose
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Nine water companies have been blocked from using customer money to fund “undeserved” bonuses by the industry’s regulator. Ofwat said it had stepped in to use its new powers over water firms that cannot show that bonuses are sufficiently linked to performance. The blocked payouts amount to 73% of the total executive awards proposed across
Former Labour deputy prime minister John Prescott has died aged 86, following a battle with Alzheimer’s, his family has announced. The former political giant served as MP for Kingston upon Hull East for 40 years and was a key part of New Labour under Sir Tony Blair. His family said he had “spent his life
The voice actor behind Milhouse Van Houten – Bart Simpson’s very uncool friend – is stepping away after 35 years on the show. Pamela Hayden, who also voiced Jimbo Jones, Rod Flanders, Janey and Malibu Stacy, will sign off from The Simpsons on 24 November in a Treehouse of Horror episode. “It’s been an honour
Honda has been promising to unlock the power of all-solid-state EV batteries for several years. Today, we are getting our first look at the progress. Honda unveiled a demonstration production line as it continues to advance promising new battery technology. By 2050, Honda wants all its products and corporate activities to be carbon neutral. Although
Gautam Adani, chair of Indian conglomerate Adani Group, addresses a gathering during the Vibrant Gujarat Global Summit 2024 in Gandhinagar, Jan. 10, 2024. Punit Paranjpe | AFP | Getty Images Gautam Adani, chair of India’s Adani Group and one of the world’s richest people, was indicted in New York with others for an alleged multi-billion-dollar
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT NVIDIA founder, President and CEO Jensen Huang speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center on September 27, 2024 in Washington, DC. Chip Somodevilla | Getty Images After a quarter where Nvidia’s sales
The family of pandemic fundraiser Captain Sir Tom Moore gained “significant” financial benefit from links to a charity set up in his name, a report has found. Hannah Ingram-Moore, the veteran‘s daughter, and her husband Colin carried out repeated instances of misconduct, according to the Charity Commission. The pair have already been banned from being
Tulisa Contostavlos has opened up about the moment she says her life “fell apart” after being “set up by a British newspaper” and charged with supplying drugs. The N-Dubz star has been speaking about her experiences in 2013 on the reality show, I’m A Celebrity…Get Me Out Of Here! The charges against the singer were
An anaesthetist has been jailed for 190 years for injecting dangerous drugs into IV bags. Raynaldo Rivera Ortiz Jr put a nerve blocking agent and other drugs into the bags at Surgicare North Dallas. An investigation was launched after a medic, Melanie Kaspar, took one of the tainted bags home to treat her dehydration and
Former Conservative MP Nadine Dorries has said her experience of being abused as a child “ruined” her life. The former culture secretary has spoken about how she had been abused by a Church of England vicar when she was just nine years old. In a recent column for the Daily Mail, Ms Dorries said she
At the Supercomputing Conference or SC2024, NASA’s Associate Administrator for the Science Mission Directorate, Nicola Fox, detailed new computational tools intended to advance space science. NASA plans to employ a large language model across its science divisions, bolstered by foundation models tailored to Earth science, heliophysics, astrophysics, planetary science, and biological and physical sciences. This
Nvidia, the chipmaker driving the boom in artificial intelligence (AI), has seen fresh falls in its share price following an earnings report amid continued supply chain constraints. Its third quarter trading update showed demand for its top generative AI chips would continue to outstrip supply for at least a year. Some would argue it is
Nov 19, 2024, 05:29 PM Open Extended Reactions Week 3 of the Autumn Nations Series left contrasting emotions after another sensational batch of games. The pressure has intensified on Wales and coach Warren Gatland after their 11th straight defeat, going down in a 52-20 thrashing at the hands of Australia. However, they weren’t the only
Tesla has released a new navigation feature to make it easier for people towing trailers to find charging stations that can accommodate them. Towing trailers with electric vehicles is not yet super popular, but it is rapidly gaining in popularity, with more electric SUVs and pickup trucks having increasingly impressive towing capacity. Tesla has had
Ukraine has fired British-supplied Storm Shadow missiles into Russia, a source has told Sky News. The UK and Ukraine have not yet confirmed the use of the Storm Shadow missiles in Russia but their deployment has been widely reported in British media. Image: A Storm Shadow cruise missile on display in June 2023. Pic: AP
The UK will scrap five warships, dozens of military helicopters and a fleet of drones to save money despite growing threats from Russia and a war raging in Europe. John Healey, the defence secretary, announced the dramatic move in parliament on Wednesday, saying it would save up to half a billion pounds over the next
A study conducted at the University of Birmingham has identified the precise shape of a single photon, reshaping how interactions between light and matter at the quantum level are understood. The study detailed in Physical Review Letters tells us how photons, or particles of light, are emitted and influenced by their surroundings, offering possibilities for
Fabien Pinckaers, CEO of Belgian-based enterprise software startup Odoo. Odoo Odoo, a startup taking on SAP in the realm of enterprise software, boosted its valuation to 5 billion euros ($5.3 billion) in a secondary share round led by Alphabet‘s venture fund and Sequoia Capital. The Belgium-based company develops open-source enterprise resource planning software, with over
Ford has announced plans to cut 4,000 jobs across Europe – including 800 in the UK. The car manufacturer said the cuts are needed as part of plans to bolster its competitiveness amid the stuttering drive to an all-electric vehicle (EV) future that has hit sales. Ford said the cuts would take place over the
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