So farewell, then, Trussonomics. The demise of the country’s second shortest-lived chancellor also brings with it the demise of the country’s shortest-lived economic movement. Liz Truss came into office promising to boost the country’s growth rate through a forensic combination of tax cuts, reforms to the country’s supply side (for which read: things like planning
Lucid Motors is rolling out its largest software update yet, introducing UX 2.0, which includes improvements throughout the entire vehicle – its flagship Air sedan. New features include “instant-on” glass cockpit and panel displays and the launch of Highway Assist. Check out the full list below. Lucid Motors ($LCID) is celebrating one year since it
Activists of “Just Stop Oil” glue their hands to the wall after throwing soup at a van Gogh’s painting “Sunflowers” at the National Gallery in London, Britain October 14, 2022. Just Stop Oil | Reuters LONDON — Two activists from campaign group Just Stop Oil were arrested Friday after throwing tomato soup on Vincent Van
The fourth long-duration astronaut team launched by SpaceX to the International Space Station (ISS) for NASA departed the orbiting outpost on Friday to begin their flight back to Earth, capping a science mission of nearly six months. The SpaceX Crew Dragon capsule carrying three US NASA astronauts and an Italian crewmate from the European Space Agency
Harry Potter and Cracker actor Robbie Coltrane has died aged 72, his agent has said. The Scottish-born actor, known for playing the Hogwarts gamekeeper Hagrid and criminal psychologist Dr Eddie ‘Fitz’ Fitzgerald in the crime drama Cracker, died on Friday. In a statement, his agent of 40 years, Belinda Wright, said the actor will “probably
Photo illustration of Bitfinex cryptocurrency exchange website. Dado Ruvic | Illustration | Reuters Cryptocurrencies continued to climb on Friday as investors sought to extend the previous day’s rally. Bitcoin was lower by less than 1% at $19,286.30, and ether gained almost 1% to trade at $1,299.40. Both assets are on pace for their fourth down
Donald Trump has responded to a congressional committee that wants to hear his evidence about the assault on the US Capitol building, but he hasn’t said whether he will appear. In a memo to members of the January 6 committee, he didn’t address their subpoena calling on him to give evidence before them. Rather, he
Be in absolutely no doubt, the prime minister is in deep trouble. She has sacked her chancellor, committed a second major U-turn on her mini-budget, and junked the core of her economic policy. And she did so, awkwardly and uncomfortably, in no more than eight minutes. Government descends into chaos as PM faces battle to
Tory MPs appear to be divided over the future of Liz Truss as prime minister following her major U-turn announcement. Ms Truss reversed a key policy to scrap the planned rise in corporation tax from 19% to 25% after she sacked Kwasi Kwarteng as chancellor. Heated messages were shared in Conservative Party WhatsApp groups after
Vladimir Putin has said he has “no” regrets over the war in Ukraine and warned that any direct clash of NATO troops with Russia could lead to a “global catastrophe”. On Friday, the Russian president spoke at a news conference in the Kazakh capital, Astana, and also said that his country’s partial mobilisation will be
The Bank of England has purchased £19.3bn of UK government bonds and concluded part of its extraordinary intervention to prevent a collapse in the pensions industry. Just five days after the former chancellor unveiled his mini-budget on 23 September, the Bank took unprecedented action to purchase long-dated UK government bonds, known as gilts, that are
Liz Truss has said “I want to be honest, this is difficult” after sacking her chancellor and reversing key policies of her government’s growth plan. In a news conference shortly after dismissing Kwasi Kwarteng, Ms Truss said: “The way we deliver our mission has to change.” But she said the “mission remains” to deliver a
Human rights groups have warned of Iranian security forces’ escalating response to demonstrations in the western province of Kurdistan. Clips from the regional capital Sanandaj appear to show security forces firing weapons in residential neighbourhoods and large groups of anti-riot police moving around the city. The city was one of the first to see demonstrations
Ryan Murphy has been a busy man of recent – clocking shows in to streaming platforms at breakneck speed. He is perhaps best known as the creator of musical hit Glee, and he has since gone onto to create projects such as American Horror Story, and more recently, Dahmer – which Netflix claims is its
The financial markets have responded negatively following Liz Truss’s announcement of a U-turn on corporation tax in a bid to reassure investors. As was widely predicted, the prime minister said she was abandoning the government’s commitment to drop the planned tax increase from 19% to 25% – even though it was a central plank of
London Film Festival has returned in its full, in-person form this year, as celebs and filmmakers head back to the event to show off their latest projects to a British audience. Backstage, the TV and film podcast from Sky News, has been at the British Film Institute’s flagship event on London’s South Bank, watching films
Elon Musk said on Friday SpaceX cannot “indefinitely” fund the Starlink internet service in Ukraine and send it several thousand more terminals after a report suggested that his rocket company had asked the Pentagon to pay for the donations. Musk‘s comment on the question of support for the internet service in Ukraine comes after he
Sky’s Alex Crawford reports from Torske on the eastern frontline, where Ukrainian forces are pushing the Russians further back into the Donbas – and residents are being faced with the grim realities of war. Warning: This report contains images of one of the Russian soldiers killed in the counter-offensive. SUBSCRIBE to our YouTube channel for
Tasha Adams, the estranged wife of Oath Keepers leader Stewart Rhodes, talks with CNN’s Kasie Hunt about Rhodes and his trial for involvement in the attack on the US Capitol. #KasieHunt #CNNTonight #CNN
The number of babies born in January 2021 dropped compared to previous years due to COVID-19 health concerns. Countries with the strictest lockdowns in early 2020 and over-occupied intensive care units have seen the biggest drops in live births 9-10 months later, according to scientists in Switzerland. Dr Leo Pomar, the first author of the