Prime Minister Liz Truss’s external adviser on the economy has told Sky News that the chancellor had “taken his eye off the ball” and “overstepped the mark” with his mini-budget. Gerard Lyons, who is often referred to as Ms Truss’s ‘favourite’ economist, said Chancellor Kwasi Kwarteng failed to adequately prepare the financial markets ahead of
Month: September 2022
Liz Truss’s cabinet is to be asked to find “efficiency savings” in Whitehall budgets, Sky News understands, putting huge pressure on frontline services. During the leadership contest, Ms Truss said that she was “not planning public spending reductions”. Now the Treasury is expected to send out a letter within hours to secretaries of state insisting
One of the most powerful storms in US history has barrelled into Florida’s southwest coast with sustained winds of up to 150mph (241kph) and torrential rain. Hurricane Ian made landfall near Cayo Costa as an “extremely dangerous” category four storm but was close to being the maximum level of five (when there are winds of
The government’s financial plan is “breathtaking in its audacity”, according to British actor Steve Coogan. Speaking to Sky News, the comic – who is a long-time, vocal Labour supporter – says following last week’s mini-budget, which included tax cuts for top rate payers, even Conservatives are questioning the future of their party. Tory MP Simon
A new drug found to reduce cognitive decline in early-stage Alzheimer’s has been hailed as an “historic moment” in the treatment of the disease. During trials, Lecanemab was found to slow the decline in people’s memory and thinking by up to 27% over 18 months, compared with a placebo. Alzheimer’s Research UK called the finding
Sir Keir Starmer has called for a recall of parliament to discuss the financial market turmoil following Friday’s mini-budget. Speaking to reporters, the Labour leader said the move by the Bank of England to launch a temporary bond-buying programme to prevent “material risk” to UK financial stability was “very serious”. Politics Hub: ‘Growing movement’ for
Liz Truss is a “danger” to the economy and has “lost control” after the fallout from the government’s mini-budget, Sir Keir Starmer has told Sky News. Speaking to political editor Beth Rigby, the Labour leader stopped short of calling for the PM and her chancellor, Kwasi Kwarteng, to quit, saying it was a “secondary” issue.
With traditional channels and streaming services all constantly creating new content in a bid to win viewers, it’s not often that something genuinely unique hits our screens. But new series Jungle is doing something different – it’s a musical which uses drill and rap – think Tinie Tempah rather than Julie Andrews, and as well
The government has ruled out a U-turn on the costly tax-cutting mini-budget and the chancellor will not resign despite mounting pressure. It comes after a day in which the Bank of England was forced to launch a temporary bond-buying programme as it took emergency action to prevent “material risk” to UK financial stability. Bank’s ‘nearly
The Bank of England has launched a temporary bond-buying programme as it takes emergency action to prevent “material risk” to UK financial stability. It revealed that it would buy as many long-dated government bonds as needed between now and 14 October in a bid to stabilise financial markets in the wake of the mayhem that
A US mountaineer has been found dead after she fell from the eighth-highest peak in Nepal. Helicopters located Hilaree Nelson’s body on the south face of Mount Manaslu on Wednesday morning, her tour company Shangri-La Nepal Trek confirmed. The 49-year-old was skiing down the 26,775ft (8,163m) summit with her partner Jim Morrison on Monday when
Warning: this article contains terms and references readers may find offensive. The incel movement is waging a “war against women” and poses a growing threat to children, according to a report that calls on tech companies to intervene to stop the radicalisation of lonely men and boys online. The incel – or “involuntarily celibate” –
They come on foot, bicycles, cars and even electric scooters. They bring what they can which isn’t much, dragging their suitcases behind them. Some have dogs and others cat boxes. They are exhausted after a journey that has taken days, but all seem hugely relieved to have left Putin’s Russia. One couple laughed with relief.
Hurricane Ian has knocked out power across all of Cuba, leaving 11 million people without electricity, after it slammed into the island’s western tip. Cuba‘s Electric Union said power was initially knocked out for around one million people in the country’s western provinces, but later the entire grid collapsed. The hurricane made landfall as a
Lifting weights regularly could cut people’s risk of dying early, a study has found. A combination of “pumping iron” and aerobic exercise every week reaped the most benefits, researchers said. Academics at the US’s National Cancer Institute in Rockville, Maryland, examined data on almost 100,000 adults taking part in a US screening study. The participants,
A blood test done while people have COVID could predict whether they’re likely to develop long-term health problems, a new study suggests. If the experimental test is validated by further research it may result in people at high risk of long-COVID being given anti-viral treatments in the hope of preventing debilitating symptoms. Researchers at University
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