Let’s get the provisos out of the way first. The fact that the UK is technically in recession changes nothing fundamentally. The economy had been performing weakly for some time. Gross domestic product – the broadest measure of how much income we are all generating across the country – had been essentially flatlining since early
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Chancellor Jeremy Hunt is looking at cutting planned public sector spending in order to lower taxes, Sky News understands. The government has been hinting at further tax reductions in recent weeks ahead of the budget on 6 March – and as it seeks to make an attractive offer to voters before the next general election.
The UK economy has officially entered recession, figures show. A recession is defined as two consecutive three-month periods where the economy contracts rather than grows. A major measure of economic growth, gross domestic product (GDP) shrank 0.3% between October and December, the latest Office for National Statistics (ONS) data shows. It’s a steeper fall than
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Marc Raimondi, ESPN Staff WriterFeb 14, 2024, 05:56 PM ET Open Extended Reactions IRVINE, Calif. – The career of one of the most accomplished athletes in UFC history could be coming to a close. Again. Former UFC flyweight and bantamweight champion Henry Cejudo said Wednesday that he’ll retire if he loses Saturday at UFC 298.
In this article NVDA Follow your favorite stocksCREATE FREE ACCOUNT NVIDIA’s CEO Jensen Huang attends a media roundtable meeting in Singapore December 6, 2023. Edgar Su | Reuters Nvidia surpassed Google parent Alphabet in market capitalization on Wednesday. It’s the latest example of how the artificial intelligence boom has sent the chipmaker’s stock soaring. Nvidia
Smoke billows following Israeli bombardment in the village of Shihin in southern Lebanon near the border with Israel on February 13, 2024, amid ongoing cross-border tensions as fighting continues between Israel and Palestinian Hamas militants in the Gaza Strip. Kawnat Haju | Afp | Getty Images Crude oil futures rose on Wednesday as Israel launched
The top Hamas leader in Gaza, Yahya Sinwar, was one of the main planners of the 7 October attack on Israel but did not expect the consequences to become “this dangerous”, a friend has told Sky News. Esmat Mansour said last year’s cross-border raid was supposed to be a strategic operation designed to lift the
One person has been killed and 21 others were injured, including eight children, after a shooting at the end of the Kansas City Chiefs’ Super Bowl victory parade. The team and their supporters had been celebrating the win against the San Francisco 49ers following Sunday’s American football showpiece event in Las Vegas. The barrage of
“Multiple people” have been hit by shots fired near to where the Kansas City Chiefs’ Super Bowl victory parade was taking place, police have said. The Chiefs’ were celebrating their weekend win against the San Francisco 49ers in Las Vegas. At least eight to 10 people were injured during the incident, which occurred near to
Sir Keir Starmer has been urged to suspend any Labour member who was present at a meeting of activists where antisemitic comments were allegedly made. Mike Katz, the national chair of the Jewish Labour Movement (JLM), which is formally affiliated to the Labour Party, criticised those who were present at a community meeting that has
The Hyundai Kona Electric, already one of the most affordable EVs in the US, was the top-selling electric vehicle priced below MSRP last month. Volkswagen’s ID.4 was second, with Hyundai’s IONIQ models and Kia’s EV6 also selling well below MSRP. Hyundai Kona Electric tops EVs selling below MSRP Electric vehicles, like the Hyundai Kona electric,
A top UN official has warned the deteriorating situation in Gaza is the worst humanitarian crisis he has ever seen in his 50-year career. Speaking to Sky News’ Yalda Hakim, Martin Griffiths said it was because “people can’t escape. They’re blocked in, they’re not able to run out of Gaza“. “I think this is the
Feb 14, 2024, 07:48 AM ET Open Extended Reactions Since our last rankings two top fighters have won in their respective division, but while one of them got praised, the other lost some ground. Unified light heavyweight champion Artur Beterbiev shined in a seventh-round TKO victory against Callum Smith in January, and while that wasn’t
Takeaway delivery strikes will be held every Friday and on holidays if demands are not met, an organiser has said ahead of the Valentine’s Day stoppage. A group calling itself Delivery Jobs UK says up to 4,000 delivery riders could strike between 5pm and 10pm on Wednesday night as there are four full WhatsApp groups,
Actress Ruth Jones has said the widely reported Gavin and Stacey Christmas special is “sadly a rumour”. US entertainment news website, Deadline, claimed the show would be back for a Christmas special this year after a five-year break. But speaking to Oliver Callan on RTE Radio 1 on Wednesday, the co-writer of the show, largely
Labour has taken Kingswood from the Conservatives, in another by-election victory for Sir Keir Starmer’s party. Damian Egan won 11,176 votes, while Tory candidate Sam Bromiley polled 8,675 votes, giving Labour a majority of 2,501. The seat in Gloucestershire had been held by Tory MP Chris Skidmore since 2010, but he quit in January in
Jeff Bezos has sold more than $4bn (£3.2bn) worth of his shares in Amazon over the past few days. The Amazon founder and executive chairman sold nearly 12 million shares of Amazon stock worth more than $2bn (£1.58bn) on 7 and 8 February, according to a statement he filed with federal regulators. The collective value
Olivia Colman has complained about the way women are judged and said people “act shocked” when they swear. The actress was speaking ahead of the release of her new movie, Wicked Little Letters, in which she plays one of several women targeted by anonymous obscene mail in an English seaside town in the 1920s. The
Prices have increased over the past 12 months by 7.9% on average, putting pressure on already stretched household budgets. Inflation is now at its lowest annual rate since March 2022 driven by decreases in transport costs, with the cost of motor fuel decreasing. Price rises for food and other household items, although down from their