Sir Keir Starmer has said the Treasury will be “ruthless” in cutting public spending as market turmoil continues. Responding to a question about the economic situation from Sky News’ political editor Beth Rigbyhe said: “The number one mission of this government is economic growth. “And that was provided for in the budget, but we are … Read more
Cape Canaveral, Florida. — Blue Origin has canceled the first launch of its massive new rocket early Monday due to technical issues. The 320-foot New Glenn rocket was supposed to lift off before dawn with a prototype satellite from the Cape Canaveral space station in Florida. But launch controllers faced an unspecified rocket “subsystem” problem … Read more
The first congestion pricing plan in the United States was launched in New York, charging most drivers $9 a day to enter Midtown and Lower Manhattan during rush hour. The long-debated project, which has brought together both supporters and detractors, is expected to raise between $500 million and $800 million a year to fund repairs … Read more
The Health Secretary said the cabinet was aware of the “pressure” on Chancellor Rachel Reeves amid volatile markets and a wider, difficult economic situation – but called on the public to “give up their time “. Wes Streeting argued the public “underestimates” the “amount of heavy lifting” Ms Reeves has had to do and will … Read more
With government bond yields rising, sterling falling and, all things considered, markets looking rather choppy in the UK, it is highly likely that Rachel Reeves’ trip to China will be overshadowed by rumors. There’s a chance the dominant narrative doesn’t speak China himself, but why didn’t she cancel the trip. But make no mistake: this … Read more
Marc Zuckerberg rock the internet this week, when Meta’s CEO announced that the tech giant would no longer conduct independent fact-checking. The program, implemented in 2016, will be replaced by Meta’s own version of Community Notes, a participatory approach to reviewing online content used by X, the social media platform formerly known as Twitter. So, … Read more
The proportion of 25- to 34-year-olds living with their parents has increased by more than a third in just under two decades, according to a new analysis. Last year, the share of the age group living at home was almost a fifth (18%), up from 13% in 2006, the Institute for Fiscal Studies (IFS) said … Read more
Rachel Reeves’ trip to China – the first by a British chancellor since 2019 – was always going to spark controversy. In recent years Conservative governments have kept Beijing remotely – amid concerns about espionage, the situation in Hong Kongand the treatment of Uighurs. David CameronThe so-called “golden age” of commitment to continued economic investment, … Read more
Improving Britain’s situation will be “at the forefront of the Chancellor’s concerns” during her visit to China, the Treasury has said, amid controversy over the trip. Rachel Reeves soared on Friday after ignoring calls from opposition parties to cancel the long-planned project due to domestic market turmoil. Last week saw a fall in the pound … Read more
Leicester City’s owners have launched historic legal action against a helicopter manufacturer after the club’s president died in an accident in 2018. Vichai Srivaddhanaprabha’s family sues Italian company Leonardo SpA for £2.15 billion after the 60-year-old president and four others were killed when their helicopter crashed just outside the King Power Stadium in October 2018. … Read more