The government finds its hands somewhat tied at present on measures it can take to boost economic growth. The parlous state of public finances – the government borrowed £25bn alone in April – means that neither meaningful tax cuts nor increases in public spending that lift productivity are feasible just now. So it is no
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Bill Connelly, ESPN Staff WriterMay 26, 2023, 07:00 AM ET Close Bill Connelly is a staff writer for ESPN.com. The Coastal Division died as it lived — namely, by producing a nonrepeat champion that got mauled by the Atlantic champ in the ACC championship. From 2011 to 2021, Coastal winners went 1-10 in title games,
At least two people have been killed after a Russian missile strike hit a health clinic and a veterinary building in eastern Ukraine, officials have said. Video footage showed a severely damaged site with smoke pouring out of it, following the attack in the city of Dnipro on Friday. Most of the upper floor of
Military analyst and former fast jet pilot Sean Bell has said the US and its allies sending F-16 fighter jets to Ukraine will be of “major concern” for Vladimir Putin. “But, even if Ukraine was to be gifted a squadron of F-16s, that would not provide credible or capable combat air capability,” he said. Mr
New CNN reporting shows that while President Biden’s administration criticized airlines for flight delays and cancellations last summer, an understaffed FAA facility was also a large contributing factor. CNN’s Pete Muntean reports. #CNN #News
South Korea’s Hyundai Motor Group and LG Energy Solution (LGES) just announced that they will build a $4.3 billion EV battery plant in the state of Georgia. The two companies signed a memorandum of understanding in a signing ceremony today at LGES’s headquarters in Seoul. The two companies will 50/50 jointly open their new EV
“Iron Woman” is the name given to Mutlu Kaya by her almost two million TikTok followers, due to the bullet in her brain. She is a social media star, a heroic figure to her followers. But this isn’t how she wanted to find fame. In May 2015, aged 20, Mutlu was a finalist on the
Britain’s largest building society has made some mortgages more expensive as the Bank of England’s interest rate is now expected to rise higher than previously thought. Nationwide has said interest rates on new fixed-rate mortgages will rise 0.45 percentage points. It follows moves by lenders such as Halifax, Santander and Atom Bank who also upped
Flames from a flaring pit near a well in the Bakken Oil Field. The primary component of natural gas is methane, which is odorless when it comes directly out of the gas well. In addition to methane, natural gas typically contains other hydrocarbons such as ethane, propane, butane, and pentanes. Orjan F. Ellingvag | Corbis
A merchant sells crystal ornaments via a live TikTok broadcast. CFOTO | Future Publishing | Getty Images TikTok Shop is a rising threat to major e-commerce players such as Shopee and Lazada in Southeast Asia. It comes as its parent ByteDance pushes the short video app in markets outside the U.S. and India to create
Elon Musk’s brain-implant company Neuralink on Thursday said the US Food and Drug Administration (FDA) had given the green light to its first-in-human clinical trial, a critical milestone after earlier struggles to gain approval. The FDA nod “represents an important first step that will one day allow our technology to help many people,” Neuralink said
An 11-year-old boy who was shot by a police officer has returned home from hospital after almost a week of treatment. Aderrien Murry spent five days in hospital with a collapsed lung, lacerated liver, and fractured ribs after the officer shot him in the chest early on Saturday, lawyer Carlos Moore said. Aderrien was well
Brian Laundrie’s mother offered him “a shovel and garbage bags” if he needed to dispose of a body, according to a “burn after reading” letter, court documents show. The parents of Laundrie’s fiancee Gabby Petito have been given the letter after a Florida judge denied a request from his parents to withhold it. The Petitos
Jeremy Hunt has told Sky News he is comfortable with Britain being plunged into recession if that’s what it takes to bring down inflation. The chancellor said that he would fully support the Bank of England raising interest rates higher, potentially towards 5.5%, as it battled higher-than-expected prices. Asked by Sky News whether he was
Moscow has stepped up its campaign of long-range attacks in the last month, shifting from a winter tactic of targeting energy infrastructure with weekly strikes to much more regular attacks that often come during the night. One of the areas hit was Volodymyr Zelenskky’s hometown Kryvyi Rih. #ukraine #zelenskyy #skynews SUBSCRIBE to our YouTube channel
During a Senate hearing on the legal consequences of the Supreme Court’s decision to overturn Roe v. Wade, UC Berkeley law professor Khiara Bridges accused Republican Sen. Josh Hawley of “denying that trans people exist.” #CNN #News
Mercedes-Benz has now hired a contractor to install a 20-turbine wind farm at its test track in Papenburg, Germany. German wind farm developer UKA has been awarded a long-term contract worth “hundreds of millions” to install the 20 wind turbines by 2025, and bringing the wind farm online is planned for 2026. Once it’s up
Britain is determined to compete in the global race for green investment, the chancellor has told Sky News, days before the expected announcement that Jaguar Land Rover owner Tata will build a major new battery factory in the country. Jeremy Hunt said that he was prepared to deploy subsidy money from the government’s £1bn war
China has so far not acted in an aggressive manner toward shipping in the South China Sea, but the very potential of action creates a clear threat to the economies of Japan and South Korea. Kazuhiro Nogi | AFP | Getty Images The following commentary is from Kevin Klowden, chief global strategist of Milken Institute.
British Airways cancelled dozens of flights in and out of Heathrow Airport on Thursday evening because of a “technical issue”, leaving thousands of passengers grounded. Just before 9pm, the London airport’s live departures and arrivals site showed 79 services had been axed. This was despite the airline saying the problems had been resolved as they