Liz Truss and Kwasi Kwarteng will meet the head of the UK’s independent fiscal watchdog today amid the fall-out from the government’s mini-budget. The talks with the Office for Budget Responsibility (OBR) come after a week of economic turmoil following last Friday’s announcements, which saw the pound plunge, mortgages rocked and pension funds needing to
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A powerful group of cross-party MPs has demanded the chancellor release a full economic forecast by the end of October – a month earlier than planned. The Treasury Select Committee, made up of MPs from all parties and chaired by a Conservative MP, has called on Kwasi Kwarteng to release a full economic forecast from
Malala Yousafzai has hit out at the lack of diversity in Hollywood films, saying less than 4% of lead characters are Asian. Speaking at an event celebrating female creative leaders in Los Angeles, the activist and campaigner said: “I know that executives have passed on dozens of quality, equally amazing projects because they thought that
Chancellor Kwasi Kwarteng has insisted the government is focusing on “delivering the growth plan” and “protecting people right across the country” despite a week of market turmoil. The chancellor, who announced his mini-budget last Friday, said without the government’s plans it could not generate the income and tax revenue needed to pay for the public
Hurricane Ian has caused unprecedented damage after trapping people in flooded homes and leaving more than two million without power, says Florida’s governor. Ron DeSantis called the damage “historic” and disaster officials believe thousands could be displaced in the long term. US President Joe Biden has declared a major disaster, releasing federal funds to pay
Chloe Grace Moretz has hit out at a Family Guy meme showing her walking into a hotel carrying a pizza box, and blames it for the body dysmorphia she says led to her becoming “a recluse”. The actress, 25, who has been famous for more than half her life, said she has struggled to get
The Finnish government has said it will ban anyone coming into the country with a tourist visa from Friday following thousands of arrivals after Vladimir Putin’s mobilisation order. Finland closing its border shuts off the last remaining direct land route to the European Union for Russians trying to avoid conscription into the war with Ukraine.
R&B singer R Kelly has been ordered to pay over $300,000 (£276,000) to one of his victims, to cover the cost of herpes treatment and psychotherapy for abuse inflicted on her. The victim, who remains anonymous, has accused Kelly of giving her the sexually transmitted disease during one of their encounters. The restitution order by
Sky’s Stuart Ramsay reports from the outskirts of Vysokopillya where the battle in this area is proving hard for Ukrainians. #Ukraine #Russia #skynews SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews Like us on Facebook: https://www.facebook.com/skynews Follow us on Instagram: https://www.instagram.com/skynews Follow us on TikTok: https://www.tiktok.com/@skynews For more content
Russian journalist Yevgenia Albats discusses why she fled Russia and Putin’s move to call-up citizens to fight in Ukraine. #CNN #News
Astronomers have assembled the largest-ever compilation of high-precision galaxy distances, called Cosmicflows-4. Galaxies, such as the Milky Way, are the building blocks of the universe, each comprised of up to several hundred billion stars. Galaxies beyond our immediate neighborhood are rushing away, faster if they are more distant, which is a consequence of the expansion
Tesla Megapacks arrive in Hawaii with the state’s last coal shipment as it shifts its grid to renewables supported by energy storage enabled by batteries like the Megapacks. In the transition to a sustainable energy economy, we take every small victory we can get and this one is significant. Hawaii aims to reach 100% green
A Vestas wind turbine photographed in Denmark. The company said Tuesday it would launch an onshore wind turbine tower with a hub height of 199 meters. Jonas Walzberg | Picture Alliance | Getty Images Danish firm Vestas said Tuesday it was launching an onshore wind turbine tower with a hub height measuring 199 meters (just
A government minister has admitted that scrapping the top rate of income tax would benefit only the wealthy. Speaking to Sky News, the chief secretary to the Treasury Chris Philp said it was “true” that getting rid of the 45p rate would only help the better off. But he claimed it was “very often those
Next, the fashion to homewares retailer, has cut its sales forecast for the second half of its financial year and annual profit guidance because of the tough economy. The company used the publication of its half-year results to the end of July to say that there were too many variables at play amid the cost
A fourth leak has been reported on the Nord Stream gas pipelines. Swedish coastguard told the newspaper Svenska Dagbladet it found the leak on Nord Stream 2 earlier this week. It comes after three other leaks were reported on the pipelines – which run from Russia to Germany – with sabotage suspected. “Two of these
The rapper Coolio, best known for his 1995 hit Gangsta’s Paradise has died at the age of 59. His manager said he was visiting a friend’s house in Los Angeles when he apparently suffered a heart attack. Real name Artis Leon Ivey Jr, Coolio emerged onto the LA rap scene in the 1980’s, but it
A worker sorts out parcels in the outbound dock at Amazon fulfillment center in Eastvale, California on Tuesday, Aug. 31, 2021. Watchara Phomicinda | MediaNews Group | The Riverside Press-Enterprise via Getty Images Amazon is raising its hourly wages for its warehouse and delivery workers, the company announced Wednesday. Beginning in October, Amazon’s average starting
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 the the chancellor, Kwasi Kwarteng failed to adequately prepare the financial markets
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