Britain’s financial system is healthy enough to withstand even a cataclysmic recession, the Bank of England has said, following its annual set of stress tests on the country’s major banks. The Bank said that even if there were a recession involving a rise in the unemployment rate to 12% and a house price crash of
Anne Sacoolas is due to face criminal proceedings in the UK after being charged with causing Harry Dunn’s death by dangerous driving. The 44-year-old US citizen is accused of killing the teenager in a road crash outside US military base RAF Croughton in Northamptonshire on 27 August 2019. The case will be heard at Westminster
The health secretary has said the Omicron variant now represents more than 20% of COVID cases in England. Sajid Javid said the UK Health Security Agency (UKHSA) estimates that the current number of daily infections is around 200,000. He also said Omicron, which is thought to be much more transmissible than previous variants, represents more
Despite a controversial 12 months, the organisers of the Golden Globe awards have announced its nominees for next year. It is still not clear if the ceremony will be broadcast on television next year after NBC dropped the awards, but the Hollywood Foreign Press Association says that winners will be revealed on 9 January. Below
Kim Kardashian has passed her first law exam, having failed three times previously in two years. The reality TV star, who is studying to become a lawyer, revealed on Twitter that she passed the “baby bar” – the first of two exams required to qualify in the state of California. Celebrating her success on the
7:00 AM ET At some point, maybe in January, probably not until February, the owners and players will agree on how to divvy up the billions of dollars of baseball revenue. For now, we wait for the return of what will be the abbreviated hot stove season, but we can still talk baseball. While there
Succession and West Side Story are among the big nominees for next year’s Golden Globes after a controversial 12 months for the organisers. Over the last year, the Hollywood Foreign Press Association (HFPA), which runs the ceremony, has faced significant criticism after it was discovered none of its members were black. There have also been
At least two people are missing after a British-registered freight ship and another cargo ship collided in the Baltic Sea off southern Sweden. The Swedish coast guard said an investigation had widened and that suspicions now include gross maritime intoxication. “Additional criminal suspicions have arisen, including gross sea intoxication,” the coast guard said in a
Space mining is an idea that began taking hold at the turn of the century, and 10 years ago, it was passionately discussed. Many argued that space mining could revolutionise the commercial space economy by employing robots and private astronauts to explore and mine near-Earth asteroids (NEAs) for precious metals and even rare earth metals.
Images of the upcoming refreshed electric Mini Cooper have leaked, showing significant exterior and interior changes including redesigned taillights and a rimless center screen. The images were taken at a facility in China and posted to Chinese social media. In the photos, the undisguised Mini is accompanied by several other camouflaged models parked nearby. It
Institutional Investor hall of famer Rich Bernstein is a market bull whose playbook excludes some of Wall Street’s most popular groups. He blames a risky see-saw dynamic playing out in the marketplace. “On one side, we have all that I would call the bubble assets: tech, innovation disruption, cryptocurrencies,” the Richard Bernstein Advisors CEO and CIO
In this article IT A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images The global chip shortage has been rumbling on all year and still hasn’t gone away. But what does that mean for Christmas? Will some presents be harder to get hold of
Sajid Javid has urged the British public to “play your part” and get a COVID booster vaccine – warning that the UK is “once again in a race between the vaccine and the virus”. The heath secretary told Kay Burley that cases of Omicron are growing at a “phenomenal rate”, which is why the government
Boris Johnson has reiterated that he “certainly broke no rules” in response to allegations that he flouted coronavirus restrictions by hosting a virtual festive quiz at Downing Street. Labour said the prime minister “might have misled” MPs after he told the House of Commons he had been given assurances that social distancing measures were not
Working households are facing the worst Christmas wage squeeze in almost a decade, according to a report by the TUC. The union organisation demanded the government deliver a “proper plan to get pay packets rising“, arguing that pressure on budgets from soaring bills and falls in wages were only set to intensify in the months
Jeff Bezos’ Blue Origin company blasted its third private crew into space on Saturday and brought it back safely, this time including the daughter of the first American astronaut. The stubby white spacecraft with a round tip blasted off into clear blue skies over West Texas for a roughly 11-minute trip to just beyond the internationally
South African President Cyril Ramaphosa has tested positive for coronavirus amid the growing prevalence of the Omicron variant in the country. It is not yet known if the 69-year-old is carrying the Omicron variant, which is believed to make up more than 70% of cases in the nation. He is receiving treatment for mild symptoms,
In this Kentucky community, resilience and faith run deep. At the First Baptist Church in the heart of Mayfield, Sunday worship is at 11am every week. It was on this day too, for a congregation who survived, in a church that’s still standing. But beyond the church, the centre of this town is devastated. Businesses,
In a PBS interview, Republican former New Jersey Gov. Chris Christie, who spent a week in the ICU with Covid in 2020, says that then-President Donald Trump gave him Covid-19 during debate preparation sessions where six-out-of-seven people involved were later diagnosed. #CNN #News
There’s nothing quite like a golf cart to bring out the kid in every driver. A combination of car-like operation, go kart-like handling and video game-like repercussions make them a joy to ride. But with the typical 2+2 seat layout, you’re normally limiting to enjoying the experience with only three friends. For anyone who wants