Inflation looks set to “comfortably exceed 5%” next spring as a likely energy bill hike for millions of households takes effect, the Bank of England’s deputy governor has said. Ben Broadbent made the remarks amid questions about whether the Bank may act soon to tackle rising prices with an interest rate hike – or be
SoftBank Group founder, chairman and CEO Masayoshi Son announces his group’s earnings results on May 9, 2019, in Tokyo. Alessandro Di Ciommo | NurPhoto | Getty Images SoftBank Group shares fell by more than 8% Monday as the value of its portfolio companies continued to slide. The Japanese tech giant’s share price fell from 5201
The FDA union has lost a High Court challenge over Boris Johnson’s decision to back Priti Patel following accusations that she bullied staff. The prime minister decided last year that the home secretary did not breach the ministerial code by bullying members of her team. This was despite an investigation by the then independent adviser
Actor Michael Sheen has turned himself into a “not-for-profit” actor, and said that he can fund causes he is passionate about by making movies. He says that the realisation for him was the 2019 Homeless World Cup in Cardiff, which he organised, telling The Big Issue: “I had committed to helping to organise that and
Warehouse workers and and drivers at Tesco are to hold a series of strikes over pay which their trade union says could result in shortages in stores. Unite said more than 1,000 of its members – based at depots in Antrim, Belfast, Didcot and Doncaster, would take industrial action. The union said it meant “shoppers
The COVID-19 pandemic has accelerated technology adoption in a stunning way. Almost every field of work and life is now connected online to their target audience or consumers. Education, too, is a booming sector with more and more students studying online and institutions trying out new ways to teach in hybrid classes. Technology adoption has
A minister has denied that the government acted too late in reintroducing travel restrictions after the discovery of the Omicron variant of COVID-19. Speaking to Kay Burley on Sky News, policing minister Kit Malthouse said: “We have to be agile, we have to recognise that all these things are impositions on people’s lives and lifestyles.
The world is transmitting more data today than ever in history. This is likely to increase almost six times between 2020 and 2025. Last year, the world generated 33 zettabytes of data and by 2025 this number could reach 175 zettabytes, far outpacing the rate of growth of facilities to store them. One zettabyte equals
Italians face tougher rules from Monday if they are not vaccinated against COVID-19. The ‘Super Green Pass’ will require vaccination, rather than including those who have received a recent negative test result, and it will be needed to attend sports events, concerts, theatres, indoor restaurants, and public events. The normal Green Pass, which can be
Myanmar’s deposed leader Aung San Suu Kyi has received a four-year jail sentence as a court delivers the first verdicts in a number of cases which could see her imprisoned for decades. The 76-year-old has been in detention since 1 February when the military seized power in a coup. Ms Suu Kyi has been charged
In this week’s episode of “Unfiltered,” CNN Political Commentator SE Cupp gives her take on infighting within the GOP over bigoted language directed at Democratic lawmakers. #CNN #News
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy, including Tesla giving an update on the Cybertruck, the Cyberquad for kids, Nissan’s new electrification plan, and more. Sponsored by Electrify America: Discover all the new and innovative ways that Electrify America is providing freedom for electric vehicle
Kacper Pempel | Reuters Hackers have taken $196 million from crypto trading platform Bitmart, a security firm said Saturday. Bitmart confirmed the hack in an official statement Saturday night, calling it “a large-scale security breach” and writing that hackers withdrew about $150 million in assets. However, blockchain security and data analytics firm Peckshield estimates that the
In this article BTC.CM= ETH= The Bitcoin logo is displayed on the screen of a Bitcoin ATM on November 10, 2021 in Los Angeles, California. Mario Tama | Getty Images Bitcoin prices stabilized on Sunday morning after wild trading sent the cryptocurrency tumbling more than 17% in just 24 hours. The cryptocurrency traded at $48,953
Musicians including Dave, Little Simz, and Ghetts have been honoured at this year’s MOBO Awards. The ceremony, which showcases the best black music in the UK, Africa, the Caribbean, and beyond, also hailed London rapper Central Cee as the best drill act. Rapper Dave won album of the year after picking up the most MOBO
Commons Speaker Sir Lindsay Hoyle has told Sky News he is to call in police after claims that drug abuse is rife in the Houses of Parliament. Sir Lindsay is demanding a drugs crackdown – including sniffer dogs prowling the corridors – amid growing evidence of cannabis and cocaine being used openly. Allegations include a
Boris Johnson is promising a £300m investment to close down drugs gangs and dismantle 2,000 more “county lines” supplies with thousands more arrests. As part of a 10-year plan for tackling drugs crime in England and Wales and taking on the “kingpins” behind supplies, the prime minister warned criminals they will have “nowhere to hide”.
Bob Dole, who overcame severe combat wounds to become a senior figure in US politics, has died at the age of 98. The long-time Republican senator from Kansas, who was his party’s unsuccessful 1996 presidential nominee, was known for a wit that ranged from self-deprecating to caustic. Mr Dole announced in February that he had
Belgian police used tear gas and water cannon on protesters in Brussels to disperse crowds demonstrating against new coronavirus restrictions. Thousands gathered to reject new measures introduced by the government on Friday, the third week in a row measures have been tightened, following a recent surge in COVID-19 cases. Most of the protesters marched peacefully,
Rep. Alexandria Ocasio-Cortez (D-NY) fired back at Republicans for spreading racist rhetoric, while CNN’s John King says that anyone who thinks House Minority Leader Kevin McCarthy (R-CA) is bringing people together by tolerating hateful speech is wrong. #CNN #News