The Bank of England says it expects the proportion of income UK households spend on mortgage payments to remain below levels seen during the financial crisis. Its latest Financial Stability Report declared that squeezed households were proving resilient in the face of challenges posed by rising living costs and interest rate hikes to tackle high
North Korea has fired a long-range missile that flew for 74 minutes – the longest flight time ever recorded. According to Japanese defence officials, it travelled at an altitude of 3,728 miles (6,000km) with a range of 621 miles (1,000km). It follows heated complaints from Pyongyang in recent days, which has accused US spyplanes of
After just 15 minutes on the streets of Philadelphia’s Kensington neighbourhood, an encounter that was everything. It was illustrative of a crisis out of control, it was reflective of a profound personal struggle, it was instructive of the power of addiction, and it was deeply, deeply sad. “I really didn’t have anybody taking me seriously,”
A woman who was a follower of infamous cult leader Charles Manson and assisted him in killing two people has been released from prison after 53 years. Leslie Van Houten was put behind bars in 1971 for her role in the Manson cult murders of Leno LaBianca, a grocer in Los Angeles, and his wife
The BBC is facing increasing pressure after fresh allegations were made against an unnamed presenter. The star was suspended over the weekend after The Sun claimed that he had paid tens of thousands of pounds to a young person in exchange for sexually explicit photographs. But on Tuesday, three other allegations emerged, with BBC host
In this article GOOGL GOOG Follow your favorite stocksCREATE FREE ACCOUNT Daniel de la Hoz Google was working on an AI-powered mobile chatbot app for Gen Z users that features interactive digital characters, CNBC has learned. However, the company recently “deprioritized” those efforts amid an internal reorganization, according to materials seen by CNBC. Typically, when
Associated Press Jul 11, 2023, 10:46 AM ET Anheuser-Busch and Trackhouse Racing announced a multiyear agreement Tuesday that will make Busch Light, long one of the main sponsors for retiring NASCAR star Kevin Harvick, the primary sponsor for Ross Chastain in the Cup Series. The deal, which begins in 2024, had been in the works
A new economic organisation, set up by Liz Truss, will launch on Wednesday, with a report claiming the average British person is £10,000 worse off than people in the US. The Growth Commission, made up of economists brought together by the former prime minister, said its work would focus on highlighting the issue of low
An eight-year-old girl who died after a Land Rover crashed into a primary school in southwest London has been named. A total of 16 people were treated at the scene and 10 were taken to hospital following the incident at The Study Preparatory School on Camp Road in Wimbledon on Thursday. The Metropolitan Police have
Mercedes-Benz USA released its second quarter 2023 sales results, indicating an over 600% jump in EV sales. Electric vehicles now account for 15% of overall Mercedes-Benz passenger vehicle sales in the US. Mercedes-Benz sees EV sales growth in the US Despite several US automakers seeing a drop in EV sales from the first quarter, Mercedes-Benz
In this article AKH.H-V Follow your favorite stocksCREATE FREE ACCOUNT An oil pipeline stretches across the landscape outside Prudhoe Bay in North Slope Borough, Alaska, May 25, 2019. The Washington Post | The Washington Post | Getty Images Alaska can be a rugged and unforgiving place, and that’s not just its landscape. Its economy is
Broadcaster Jeremy Vine has said he believes the BBC presenter accused of paying a teenager thousands of pounds for sexually explicit photos “should now come forward publicly”. The BBC Radio 2 broadcaster made the remarks after a second person came forward with a complaint about the unnamed presenter. The individual in their early 20s told
Caitlin Murray, ESPNJul 11, 2023, 09:50 AM ET Close Caitlin Murray is a general editor for ESPN.com. She has reported on and written about soccer for The New York Times, The Guardian, Yahoo Sports, Fox Sports, the Associated Press, and others. She authored a book about the history of the U.S. women’s national team called
Taihuttu family in Phuket, Thailand Didi Taihuttu LAGOS, PORTUGAL — In the small coastal town of Lagos in the heart of Portugal’s southern Algarve region, Didi Taihuttu begins most days on the rooftop of his villa — an unassuming home with rustic charm set atop a hill that slopes up from the Atlantic Ocean. The
Rishi Sunak has hinted there will be no tax cuts on offer from the government before the next general election, as his party faces three by-elections next week. A number of Conservative backbenchers have been pushing the prime minister for reductions to a range of levies, including corporation tax, income tax and fuel duty. But
A second person has come forward with a complaint about a BBC presenter accused of paying a young person thousands of pounds for sexually explicit photos. The person told BBC News they felt threatened by the unnamed star at the centre of a row over alleged payments for sexually explicit photos. The individual in their
Theresa May has attacked the government’s Illegal Migration Bill, saying it would “enable more slave drivers to… make money out of human misery” and “consign more people to slavery”. The former prime minister, who has long campaigned on tackling modern slavery in the UK, said ministers wanted to use the new legislation to “stop the
A man who killed a nine-year-old girl by stabbing her in the heart as she played in the street has been given an indefinite hospital order. Deividas Skebas was unanimously found to have physically committed the act of killing Lilia Valutyte, despite a court deciding he was unfit to plead or face a conventional trial
If Ukraine’s counter-offensive has moved more slowly than many in the West had hoped, it has also proven more costly in terms of human lives. The fighting has been brutal – and bloody – as the Russians use mass artillery and minefields to defend territory seized earlier in the war. An information blackout has been