Executives from Britain’s biggest high street banks have been summoned for talks with Kwasi Kwarteng amid concerns about the impact of recent financial turmoil on the mortgage market. Sky News has learnt that the Treasury has convened a meeting on Thursday at which the chancellor is expected to quiz lenders on their plans. City sources
A 14-year-old boy who died following a suspected assault in Gateshead has been named by Northumbria Police as Tomasz Oleszak. Police found the teenager with injuries that were “consistent with having been caused by a bladed article” in the Aycliffe Crescent area of the Springwell Estate at just after 8pm on Monday. The youth died
Liz Truss vowed to “get Britain through the tempest” and insisted “everyone will benefit” from the result of her economic policies in her keynote party conference speech during which she was heckled by climate activists. Addressing Conservative members at the event in Birmingham, as she battles to save her premiership, the prime minister acknowledged that
Vladimir Putin has signed laws absorbing four Ukrainian regions into Russia, finalising the annexation of the occupied territories in defiance of international outcry. It follows the so-called referenda in Donetsk, Luhansk, Kherson and Zaporizhzhia, rejected as a sham by Ukraine and the West. The areas being annexed are not even under full control of Russian
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The mayor and city manager in Rohnert Park, California, say they are investigating an incident where an unidentified officer drew his gun on a man recording him.
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We’re selling 100 shares of Devon Energy (DVN) at roughly $68.48 each. Following Tuesday trade, Jim’s Charitable Trust will own 500 shares of DVN, decreasing its weighting in the portfolio to 1.24% from 1.48%. We’re making our second small trim — this time in Devon Energy — into Tuesday’s rally as we slowly begin the process of
A suspected California serial killer appears to be “on a mission” police have said, although they admit they are still baffled as to what that mission is. The gunman has so far shot dead six men and wounded a woman in a 18-month killing spree in the Stockton and Oakland areas. There is a $125,000
Motorists are being denied a further 10p cut in petrol prices because retailers have hiked their profit margins, according to the RAC. The motoring organisation said a further oil price fall in September pushed down the average price at forecourts nearly 7p to 162.9p. It was the sixth biggest monthly drop since 2000, but the
In this article TWTR TSLA Follow your favorite stocksCREATE FREE ACCOUNT Elon Musk has reversed course and is again proposing to buy Twitter for $54.20 a share, according to a regulatory filing on Tuesday. Twitter shares closed up more than 22% on the news. The social media company issued a statement saying it had received
In power for just 28 days – and for 10 of them politics was paused following the death of the Queen – it has been the worst possible start for Liz Truss. A (mini) budget unveiling £45bn of tax cuts without a fiscal framework, precipitating a £65bn emergency bond buying programme by the Bank of
Vladimir Putin’s mounting problems in Ukraine make Russia’s use of a tactical nuclear weapon more likely, a senior US expert has told Sky News. Tactical nuclear weapons are designed to be used on a battlefield. John Bolton, a former US national security adviser and ambassador to the United Nations, said that the Russian president is
Liz Truss will wrap up the Conservative Party conference by defending her approach and pledging a “new Britain for the new era” – after a week of U-turns and infighting. In her first conference speech as prime minister, Ms Truss will on Wednesday reiterate Chancellor Kwasi Kwarteng’s plan to boost growth. And just a day
Rivian (RIVN) announced that it produced 7,363 electric pickups and SUVs during the third quarter of 2022. It’s a significant ramp for the automaker, but at what cost? The third quarter of 2022 closed out Rivian’s first year of producing vehicles, and the automaker managed a significant ramp-up over the last 12 months. Today, Rivian
In this article RWE-DE Follow your favorite stocksCREATE FREE ACCOUNT Jens Auer | Moment | Getty Images Energy firm Orsted is to continue or restart operations at three fossil fuel facilities after being ordered by Danish authorities to do so, as governments around Europe ready themselves for winter amid the energy crisis. In a statement
Country music star Loretta Lynn has died at the age of 90. Her family said she passed away at her “beloved ranch in Hurricane Mills” in Tennessee. “Our precious mom, Loretta Lynn, passed away peacefully this morning, October 4th, in her sleep at home,” said a statement. Dolly Parton, Carole King and Billy Ray Cyrus
In this article META Follow your favorite stocksCREATE FREE ACCOUNT Onur Dogman | Lightrocket | Getty Images Facebook parent Meta is opening up new avenues for advertising on Instagram and Messenger as the company seeks to reverse a downward trend in revenue that recently pushed the stock price to its lowest since early 2019. In
Rebekah Vardy has been ordered to pay Coleen Rooney’s legal costs following their Wagatha Christie libel trial – and the bill could reach about £1.5m. In a ruling issued on Tuesday, Judge Justice Steyn said Vardy must pay 90% of Rooney’s costs, and that an £800,000 down payment must be paid by 4pm on 15
Rebekah Vardy has been ordered to pay £1.5m towards Coleen Rooney’s legal costs following their Wagatha Christie libel trial. In a ruling issued on Tuesday, Judge Justice Steyn said Vardy must pay 90% of Rooney’s costs, and that an £800,000 down payment must be paid by 4pm on 15 November. In the case dubbed “war