The chancellor has warned “difficult decisions” need to be made to “reform the welfare state” as he mulls introducing controversial tax cuts in next week’s autumn statement. Jeremy Hunt said there is “no easy way to reduce the tax burden” following reports he’s looking to slash inheritance tax and levies on businesses. Tax levels are
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SpaceX has lost contact with its Starship mega rocket following an explosion during its second test flight from south Texas. The two-stage 397ft rocket – the largest and most powerful ever built – arced out over the Gulf of Mexico after blasting off from the Elon Musk-owned company’s launch site near Boca Chica, with SpaceX
A court hearing to liquidate a Barclay family holding companies in order to smooth a sale of The Daily Telegraph is poised to be adjourned after a last-gasp offer to repay more than £1bn to Lloyds Banking Group. Sky News understands that a hearing scheduled to take place in the British Virgin Islands on Monday
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Taylor Swift said she was “devastated” by the death of a fan before her Brazil show on Friday. The performer is on the South American leg of her sold-out tour, after a mammoth run in the US. Writing on Instagram, Swift said: “I can’t believe I’m writing these words but it is with shattered heart
Oil and natural gas prices tumbled further Thursday, dragging down Club holding Coterra Energy (CTRA) and other energy stocks along the way. And that’s created a prime opportunity to do some buying, according to Jim Cramer. Shares of Coterra Energy dropped more than 3% Thursday, to around $26.30 apiece, pushing the stock’s losses over the
Alden Gonzalez, ESPN Staff WriterNov 17, 2023, 09:19 PM ET Close ESPN baseball reporter. Covered the L.A. Rams for ESPN from 2016 to 2018 and the L.A. Angels for MLB.com from 2012 to 2016. Open Extended Reactions Brandon Woodruff, a two-time All-Star who when healthy has been one of the game’s best starting pitchers, headlined
Rapper Sean ‘Diddy’ Combs and singer Cassie have settled a lawsuit alleging abuse – one day after she sued the powerful music producer. The R&B singer – real name Casandra Ventura – had alleged that she was trafficked, raped, plied with drugs and viciously beaten by the rapper on many occasions over the course of
In this article IBM Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook looks on following a conversation on mental health, during a spousal program on the last day of the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week at Apple Park in San Francisco, California, on November 17, 2023. Andrew Caballero-Reynolds | AFP | Getty
Sam Altman, Chief Executive Officer of OpenAI, and Mira Murati, Chief Technology Officer of OpenAI, speak during The Wall Street Journal’s WSJ Tech Live Conference in Laguna Beach, California on October 17, 2023. Patrick T. Fallon | Afp | Getty Images OpenAI’s board of directors said Friday that Sam Altman will step down as CEO
Kristen Shilton, ESPN NHL reporterNov 17, 2023, 06:30 AM ET Close Kristen Shilton is a national NHL reporter for ESPN. Open Extended Reactions There have been some significant surprises during the 2023-24 NHL season thus far: the Edmonton Oilers being the first team to fire its head coach (thanks to hanging out near the bottom
Pro-Palestinian protest organisers have planned a national day of action across the UK – instead of a large march in central London. The demonstrations will take the form of 100 smaller rallies at various locations around the country. It comes a week after hundreds of thousands of people took to the streets of the capital
Jeremy Hunt has said there is the chance to lower taxes in the autumn statement next week, arguing the economy had “turned a corner”. Ahead of Wednesday’s financial announcement, the chancellor said that as inflation had halved over the year, “this is the moment” to focus on growth. But he argued that there is a
Leading global advanced air mobility (AAM) company Joby may have decided to set up its future production line in Ohio as the most financially alluring locale vying for its presence, but California is looking to get as much job creation and economic activity from the Santa Cruz-based air taxi startup before its focus shifts east – and has just
Associated Press Nov 17, 2023, 03:47 PM ET Bobby Ussery, a Hall of Fame jockey who won the 1967 Kentucky Derby and then crossed the finish line first in the 1968 edition only to be disqualified days later, has died. He was 88. Ussery died Thursday of congestive heart failure at an assisted living facility
Fears over the safety of Palestinian civilians are growing as Israel suggests its bombardment of Gaza will shift to southern areas, having destroyed swathes of the north. Leaflets have been dropped by the Israeli military in some areas of the south, near Khan Younis, warning residents to leave as Israel declared the “next stage” of
A coal-fired power plant in Indonesia. Aditya Aji | AFP | Getty Images Efforts to restrict global warming to 1.5 degrees Celsius are failing “across the board” — and major shifts will be required to create meaningful change, according to a new report, including a much faster move away from using coal to generate electricity.
The Cowboy Cruiser. Cowboy Cowboy, the Belgian electric bike maker, is expecting to hit full-year profitability in 2024 even as some of its market rivals are facing financial hardship. Adrien Roose, Cowboy’s CEO and co-founder, told CNBC that he expects the company to reach profitability on an EBITDA basis by the end of the second
A Labour MP and member of Sir Keir Starmer’s shadow cabinet says she has been left “shocked”, “angry” and “frightened” after her constituency office was vandalised. Shadow Welsh secretary and Cardiff Central MP Jo Stevens’ office was sprayed with the word “murderer” and covered with posters saying she had “blood” on her hands, following a
Everton has been deducted 10 points for breaches of profit and sustainability rules, the Premier League has said. The penalty, effective immediately, leaves the club with four points and plunges them into the relegation zone. The club said it was “shocked and disappointed” by the “wholly disproportionate” ruling and plans to appeal. It comes after