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A woman who spent more than three decades working for the Post Office is planning to stand against Liberal Democrat leader Sir Ed Davey – a former postal affairs minister – at the next general election. Yvonne Tracey, who said ITV drama Mr Bates vs The Post Office had made her “very sad” and “very
An American lawyer who fought a years-long battle in the 1970s to prevent John Lennon from being deported from the US has died aged 90. Leon Wildes, whose health had been declining since he suffered a series of strokes, died on Monday at Lenox Hill Hospital in Manhattan, his family said. His name became part
Sopa Images | Lightrocket | Getty Images Now that bitcoin ETFs are trading across U.S. public markets, many large money managers that have been effectively locked out of crypto finally have a way to access the primary digital currency. For the $30 trillion advised wealth management industry, the floodgates could be about to open. Analysts
Foreign Secretary Lord Cameron has said he cannot remember receiving a detailed briefing about the Horizon scandal while he was prime minister – but says he is sorry for an “appalling miscarriage of justice”. The apology by the former Tory leader and MP comes amid continuing fallout from the Post Office debacle that led to
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. U.S. stocks were lower Friday as markets digested fourth-quarter earnings results and a fresh batch of economic data. The producer price index , a gauge of wholesale prices, declined
Caterpillar turned the heads of CES attendees with a monstrous, all-electric underground mining loader – but the real game-changer wasn’t the big mining rig, or even the electric excavator. Instead, it was Cat’s cutting-edge energy management systems to keep electric equipment charged up and ready to work. “We are thrilled to return to CES to
Migrants crossing the English Channel to the UK have been reported for the first time in 2024. Arrivals have not been recorded since 16 December, according to Home Office figures, with poor weather conditions potentially contributing to the lack of activity at sea. On Saturday, a group of people believed to be migrants were brought
Vue International, Europe’s largest independent cinema operator, is finalising a fresh debt restructuring after the Hollywood actors’ strike halted the release of a string of blockbuster movies. Sky News has learnt that UK-based Vue, its shareholders and lenders are in the process of organising the company’s second debt-for-equity swap in 18 months in a bid
The Post Office could be facing a £100m bill and insolvency after claiming tax relief for its compensation payments to sub-postmasters, a tax expert has claimed. Dan Neidle, the head of non-profit organisation Tax Policy Associates, said the Post Office claimed £934m tax relief for its compensation payments, and suggested it could be “unlawful”. The
What lies 1,000 metres beneath the North Sea could help the climate of the atmosphere above. And I’m on my way down to see it. The rattly lift drops at 10 metres per second, the speed of a sprinter, ruffling the air and flapping my shorts as it plunges down. Yes shorts. I wear a
Ministers are “failing to act” on the lessons from the Post Office scandal by refusing to change laws around public contracts, union leaders have said. The TUC said the Procurement Act, passed last October, was a “huge missed opportunity” to tighten up rules governing the awarding of taxpayer-funded contracts to private companies. The legislation was
An Egyptian man sits and eats ice cream as he watches international cargo and tanker ships pass through the Suez canal Scott Nelson | Getty Images Several of the world’s major tanker companies on Friday halted traffic toward the Red Sea after U.S. and British airstrikes on Iran-allied Houthi militants in Yemen. Hafnia, Torm andStena
In this article AAPL MSFT Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook, left, and Microsoft CEO Satya Nadella. Reuters Microsoft ended Friday’s U.S. trading session as the most valuable publicly traded company, surpassing Apple after briefly topping the iPhone maker during intraday trading Thursday. Shares of Microsoft climbed more than 3% for
During Tokyo Auto Salon 2024, Hyundai Motor Company offered a glimpse of a more customizable future for its “N” performance brand EVs. During the show, the Korean automaker unveiled the IONIQ 5 N NPX1 – a customized concept featuring several upgrades from N Performance Parts that will be available to customers in the future. Hyundai
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT An employee of the Tesla Gigafactory Berlin Brandenburg works on a production line of a Model Y electric vehicle. Patrick Pleul | Picture Alliance | Getty Images Shares of Tesla dipped as much as 3% Friday morning as the stock faced pressure from supply chain
Getty Images Bitcoin slid on Friday to end what should have been a momentous week for the cryptocurrency, with the launch of 11 bitcoin ETFs in the U.S. after a years long battle for institutional acceptance of the asset. The price of bitcoin dropped nearly 6% to $44,022.22, according to Coin Metrics, pulling most of
The language being used by Biden administration is interesting. “Iran is a primary – if not the primary – enabler or supporter, sponsor of the Houthis and Iran has been involved operationally in the conduct of these attacks,” a Biden administration official said. They don’t talk about Iran directing the attacks against shipping or US
Sir Tony Blair was warned the Horizon IT system could be flawed before it was rolled out across the Post Office, a document shows. A letter sent to the then-Labour prime minister on 9 December 1998 by a Downing Street special adviser said pressing ahead with the project was a risk because of spiralling costs
Despite an international coalition providing a protective umbrella over the Red Sea – Op Prosperity Guardian – the Houthi attacks against merchant shipping continued. Shortly before midnight on Thursday, the US and UK launched a wave of attacks on 60 Houthi military targets using over 100 guided munitions, predominantly Tomahawk cruise missiles. The UK contribution