The Bank of England is set to impose another interest rate hike on the UK economy today, the 12th consecutive increase in its battle to curb rampant inflation. Both financial markets and economists widely expect a 0.25 percentage point rise to 4.5%. The Bank Rate had stood at 0.1% in December 2021 before the tightening
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It’s an ugly word for an ugly phenomenon. ‘Greedflation’ is the new buzzword in economics. The thesis is quite simple. While a certain chunk of the inflation we’re currently living through can undoubtedly be put down to higher energy prices and a chunk put down to higher wages as employers pass those costs onto their
Former Conservative MP Andrew Bridgen has launched legal action against Matt Hancock after joining actor Laurence Fox’s Reclaim Party. Mr Bridgen was expelled from the Conservative Party after claiming the COVID-19 vaccine was “the biggest crime against humanity since the Holocaust”. Former health secretary Mr Hancock, who was suspended from the Tories for appearing on
Prince Harry has scored an early victory in his latest phone hacking trial, after the publisher of the Daily Mirror apologised for ordering the unlawful gathering of information. It comes on the first day of the prince’s legal action against Mirror Group Newspapers (MGN). In court documents released at the start of the trial, MGN
Results in the local elections are still continuing to come in, however it’s clear that Labour and the Liberal Democrats have everything to celebrate. Read more here: https://news.sky.com/story/local-elections-2023-labour-snatches-key-battlegrounds-from-tories-but-starmer-still-has-mountain-to-climb-to-secure-majority-12873920 #skynews #localelections 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: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow
CNN’s Jean Casarez reports on newly released video and documents in the case involving Bryan Kohberger. Kohberger is accused of killing four University of Idaho students. He has yet to enter a plea in the case. #CNN #News
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For Ukraine, Eurovision is about more than just winning – although that is exactly what they did last year. And it’s always a big task to come back and try to win again, especially when your country is at war. But those hopes rest on the shoulders of electronic duo Tvorchi, who will enter their
Founders: Gene Berdichevsky (CEO), Gleb Yushin, Alex JacobsLaunched: 2011Headquarters: Alameda, CaliforniaFunding: $930 millionValuation: N/AKey technologies: NanotechnologyIndustry: AutomotivePrevious appearances on Disruptor 50 List: 1 (No. 34 in 2021) Persephone Kavallines As the electric vehicle fast becomes the future for major automakers, critical elements including lithium are poised to be the equivalent of new oils. Elon Musk has been
Marc Raimondi, ESPN Staff WriterMay 9, 2023, 08:00 PM ET DALLAS – Jake Paul has shaken up his coaching staff following his first career loss. The YouTube-star-turned-prizefighter told ESPN on Tuesday that he is now working with trainers Theo Chambers and legendary retired boxer “Sugar” Shane Mosley, along with his longtime coach J’Leon Love, a
Tucker Carlson speaks during the Mathias Corvinus Collegium (MCC) Feszt on August 7, 2021 in Esztergom, Hungary. Janos Kummer | Getty Images News | Getty Images Tucker Carlson is back – on Twitter. The right wing TV personality said in a video on his Twitter feed Tuesday that he is relaunching his show on the
Hailstorms, heavy rain and thunder have battered parts of England as forecasters issued a yellow weather warning. The Met Office alert covered southern England, East Anglia and parts of the Midlands – with a radar image showing a band of intense rain stretching across the country on Tuesday. George Dibley, from Basingstoke in Hampshire, said
If you’ve been holding off on picking up an electric mower for a more all-encompassing kit, then today’s your day. Right now you can pick up a Greenworks 40V 14-inch mower alongside an axial blower and 12-inch string trimmer for $399 at Woot. That’s $98 off the price Amazon charges and marks the best price
Labour has now become the largest party of local government – surpassing the Tories for the first time since 2002 in a historic milestone, but they still have much more to do if they want to gain a majority in the House of Commons. Sky’s Ed Conway has the story behind the numbers. Read more
At least eight of the Republican “fake electors” in Georgia have accepted immunity deals in an ongoing criminal investigation into efforts by former President Donald Trump and his allies to overturn the 2020 election there, according to a new court filing. CNN senior legal analyst Elie Honig and CNN political correspondent Sara Murray weigh in.
Founders: Jan Wurzbacher, Christoph Gebald (co-CEOs)Launched: 2009Headquarters: Zurich, SwitzerlandFunding: $810 millionValuation: $1 billionKey technologies: N/AIndustry: ConstructionPrevious appearances on Disruptor 50 List: 0 Persephone Kavallines Reducing carbon emissions may be the most important part of the efforts to slow climate change, but it may not be enough. Increasingly, there’s a focus on capturing carbon from the atmosphere and
Tom Hamilton, Senior WriterMay 9, 2023, 11:07 AM Close • Joined ESPN in 2011• Covered two Olympics, a pair of Rugby World Cups and two British & Irish Lions tours• Previously rugby editor, and became senior writer in 2018 Scotland men’s head coach Gregor Townsend has signed a contract extension until April 2026, Scottish Rugby announced on Tuesday.
The government is to allow longer lorries on UK roads to reduce the number of journeys – despite fears the move will cost lives. The Department for Transport (DfT) announced lorry trailers up to 61ft (18.55m) long – some 6ft 9in (2.05m) longer than the standard size – will be permitted from 31 May under
D’Arcy Maine, ESPN.com May 9, 2023, 09:52 AM ET The Madrid Open concluded over the weekend and, wow, it’s tough to know where to begin with this one. Aryna Sabalenka defeated Iga Swiatek 6-3, 3-6, 6-3, for the trophy in the latest chapter of their burgeoning rivalry, and Carlos Alcaraz won his second straight title
The Duke of Sussex is set to commence his latest court case, against Mirror Group Newspapers (MGN), the publisher of the Daily Mirror, over accusations of historical phone-hacking, just days after his father was crowned King. The joint lawsuit also involves former Girls Aloud bandmate Cheryl, footballer and TV presenter Ian Wright and the estate