A new tax threshold has been created for high earners in Scotland, meaning anyone who earns more than £75,000 will pay a rate of 45%. Scotland already had the highest tax band in the UK at 47% for people earning more than £125,000. This will also rise by 1% next year to 48%. The move
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Shipping companies have cautiously welcomed the announcement of a US-led multinational naval force to fend off Red Sea attacks, but are still re-routing vessels as the line of impacted crafts grows. The world’s second-largest shipping company, Maersk, said it’s “very positive” to have joint efforts on maritime security, but it needs to see more detail
Israel will compete at Eurovision next year, despite calls for the country to be banned over its conflict with Hamas, organisers have said. Artists from Iceland had called for a boycott of the contest in Malmo, Sweden, unless Israel was prevented from taking part, after its ground invasion of Gaza. Irish broadcaster RTE has also
The molten rock that has been building up beneath southwest Iceland has erupted in spectacular fountains of lava. A gash two miles long has opened up on the Reykjanes peninsula, spewing between 100 and 200 cubic metres of lava every second. That’s far more than in other recent eruptions in the area. Incredible footage shows
An oil tanker anchored in the Red Sea off the coast of Yemen’s contested western province of Hodeida on July 15, 2023. Mohammed Huwais | Afp | Getty Images Oil prices traded mixed Tuesday as tankers shun the Red Sea on the back of heightened attacks by Iran-backed Houthi militants which have disrupted international shipping
Google will pay out $700m (£550m) and allow more competition on its Play Store after it was accused of using illegal restrictions and overcharging consumers when they buy items in apps. It forms part of an antitrust settlement in the US, ahead of a legal battle with Fortnite maker Epic Games, which accused Google of
Tesla has announced that it will raise factory worker pay for some workers at its Nevada Gigafactory by 10% or more. The news comes not long after UAW’s historic strike wins, in which it earned 25% pay increases at all of the Big Three American automakers. After VW, Hyundai, Toyota, and Honda did the same
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Security gate outside the Tesla Motors Gigafactory site east of Reno, Nevada. David Calvert | The Washington Post | Getty Images Tesla has informed workers at its battery factory in Sparks, Nevada, that some set-rate hourly workers there will see pay increases around 10% starting
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple Watch Ultra 2 is seen as people lined up to buy the newly launched iPhone 15 and other Apple products outside of the Apple store in Palo Alto, California, United States on September 22, 2023. Tayfun Coskun | Anadolu Agency | Getty Images Apple
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 Monday’s key moments. 1. U.S. stocks climbed higher to start the week, with the S & P 500 reaching another 52-week high on Monday morning. Mega cap technology stocks were bolstering the market,
Michael Gove will pledge to intervene if there are delays to housebuilding as a result of poor performance by councils – despite critics pointing out the government recently scrapped its own targets. The levelling up secretary is expected to announce he will “call out” council planning departments that “drag their feet” when it comes to
Marvel Studios has dropped actor Jonathan Majors after he was found guilty of assaulting and harassing his ex-girlfriend. Majors, 34, was convicted on two counts but acquitted of a different assault charge and of aggravated harassment. A star of the Marvel Cinematic Universe, Majors featured in the series Loki, and Ant-Man And The Wasp: Quantumania
Marc Raimondi, ESPN Staff WriterDec 18, 2023, 10:15 AM ET Open Extended Reactions LAS VEGAS — Ali Abdelaziz posted a few lines Dec. 10 on social media that raised the collective eyebrows of the mixed martial arts industry. The prominent MMA manager, who has helped guide the careers of all-time greats such as Khabib Nurmagomedov
Rishi Sunak is under pressure to back an immediate ceasefire in Gaza after 10 senior Conservative MPs accused Israel of carrying out the “brutalisation of the civilian Palestinian population” – which they argue risks fuelling more extremism in the region. The MPs, including former cabinet ministers, have written to Foreign Secretary Lord Cameron to argue
Hundreds have been rescued from Australian floods, 16 people were killed in storms in South America, and Florida was deluged with five inches of rain – in just some of the wild weather that’s hitting across the world days before Christmas. People in Queensland, northeastern Australia, clung to roofs amid flooding described as “absolutely devastating”
A US mother who used to give parenting advice to more than two million subscribers on YouTube has pleaded guilty to child abuse after starving two of her children. Ruby Franke, a mother of six from Utah, has admitted four counts of aggravated child abuse. She was arrested in August after her emaciated 12-year-old knocked
Behind almost every purchase you make, from Christmas lights to a new car, there is a ship. Almost everything we buy, use, wear, and much of what we eat, spends at least some of its life in a container at sea. These giant craft are the lifeblood of the global economy, circumnavigating the globe to
Tesla has unveiled a 3D reconstruction park assist system that serves as the long-awaited bird-eye view. Bird’s eye view, a vision monitoring system that renders a view of a vehicle from the top to help park and navigate tight spaces, has become a popular feature in premium vehicles and it has even moved down market
A body found in the search for Gaynor Lord has been formally identified as the mother-of-three. The remains were recovered from the River Wensum on Friday, a week after Mrs Lord disappeared. The 55-year-old was last seen on CCTV walking along St Augustines Street in Norwich, at 4.01pm on Friday 8 December, having left work
Young people today are demonised for being “too colloquial” with language, despite William Shakespeare being praised for doing the same thing 400 years ago, a theatre director has said. Intermission Youth Theatre combines 400-year-old language with the modern day, remixing the bard’s work through the lens of youth culture. This year it celebrated 15 years