Andrew Bailey, the Bank of England governor, will join Rachel Reeves on a visit to China next month aimed at strengthening financial services trade ties between the two countries. Sky News has learnt that Mr Bailey and Nikhil Rathi, chief executive of the Financial Conduct Authority, will both accompany the chancellor on the January trip.
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Retail giants including Asda, Marks & Spencer, Primark and Tesco will mount a new year campaign to warn Rachel Reeves that plans to hike business rates on larger shops will put jobs and stores under threat. Sky News has learnt that some of Britain’s biggest chains – which also include J Sainsbury, Morrisons and Kingfisher-owned
Pensioners have until the end of Saturday to apply for benefits which could unlock access to the winter fuel payment, or risk missing out on up to £300. It has been switched to a means-tested benefit including for those on pension credit, but official estimates suggest there are 760,000 households who do not claim pension
This is awkward for Downing Street to say the least. The person chosen by the British government to be the keystone in the most important of bilateral relationships is, according to one of the incoming president’s close aides, a “complete moron”. Chris LaCivita is a central character in Trump’s orbit. He managed Trump‘s election victory
Photo: Nth Cycle The global shift to electric vehicles (EVs) is accelerating, but McKinsey’s latest report warns of significant strain on the supply chain for critical battery materials by 2030. EV sales are expected to jump from 4.5 million units in 2023 to 28 million annually by the end of the decade. This unprecedented demand
The suspect in the attack on the Christmas market in Magdeburg appeared to be dissatisfied with the treatment of Saudi refugees in Germany, a prosecutor has said. On Friday evening, a car was driven at speed into visiting crowds in the central German city. Five people have died so far – including a nine-year-old child
The Prince and Princess of Wales are set to work with a local charity to launch a mental health programme to support those living on the Sandringham Estate and in the surrounding areas. The royals are partly funding the new pilot programme with Norfolk and Waveney Mind. It will provide additional mental health support for
Disney has added another film to their most successful franchise, The Lion King – this time following Mufasa’s journey from a cub to becoming the king of Pride Rock. Inspired by the 1994 animation, the latest addition is a live-action feature and is directed by Moonlight filmmaker Barry Jenkins. Before heading to your nearest cinema,
Tesla CEO and X owner Elon Musk gestures behind protective glass during a rally for Republican presidential nominee and former U.S. president Donald Trump, at the site of the July assassination attempt against Trump, in Butler, Pennsylvania, U.S., October 5, 2024. Carlos Barria | Reuters Tesla CEO Elon Musk, a meagdonor and adviser to President-elect
Tom Hamilton, Senior WriterDec 20, 2024, 03:28 PM Close • Joined ESPN in 2011• Covered two Olympics, a pair of Rugby World Cups and two British & Irish Lions tours• Previously rugby editor, and became senior writer in 2018 Open Extended Reactions Warren Gatland will remain in charge of Wales for the 2025 Six Nations but has been
At least one person has been killed and dozens of others injured after a car was driven into a crowd at a Christmas market in Germany, local media reports. News agency dpa said the driver had been arrested following the incident in the eastern city of Magdeburg, while AFP news agency reports 60-80 people have
Photo: China Huadian At 5,228 meters (17,152 feet) above sea level, phase two of the world’s highest-altitude solar plus storage project has begun generating power, setting a new benchmark for renewable energy in extreme conditions. The Huadian Tibet Caipeng PV-Storage Project is located in Naidong District, Shannan City, Tibet, with elevations ranging from 5,046 meters
Tesla has recalled almost 700,000 of its electric vehicles because of an issue with the warning light on the tyre pressure monitoring system. Its warning light may not remain illuminated between drive cycles, failing to warn the driver of low tyre pressure and increasing the risk of a crash, the manufacturer said. The issue affects
The US government has narrowly avoided a crippling shutdown after politicians agreed on a last-minute spending deal. Failure to reach an agreement would have meant federal employees would have missed pay ahead of the festive season, impacting various public services. Plans to approve the government’s budget were thrown into disarray this week after billionaire Elon
Jeff Passan, Senior MLB InsiderDec 20, 2024, 11:15 AM ET Close ESPN MLB insiderAuthor of “The Arm: Inside the Billion-Dollar Mystery of the Most Valuable Commodity in Sports” Open Extended Reactions Left-hander Patrick Sandoval and the Boston Red Sox are in agreement on a two-year, $18.25 million contract, sources told ESPN, uniting the veteran who
Omer Taha Cetin | Anadolu | Getty Images Bitcoin fell sharply on Friday amid broader investor caution toward risk assets. Bitcoin traded at around $92,808.07 at 6:57 a.m. ET on Friday, down around 9% from 24 hours before where it was priced above $102,000, according to Coin Metrics. The cryptocurrency hit an all-time high above
In this article TSLA Follow your favorite stocksCREATE FREE ACCOUNT Tesla electric vehicles are parked in a parking lot at the Tesla Gigafactory Berlin-Brandenburg plant. Patrick Pleul | Picture Alliance | Getty Images Shares of Tesla continued to slide on Friday, in what appeared to be a case of investors taking profits from the electric
Wham! have made chart history, with Last Christmas becoming the first song to be crowned Christmas number one two years in a row. First released in December 1984, George Michael and Andrew Ridgeley had to wait 39 years to reach the festive top spot. On the year of release, they were beaten by Band Aid’s
Bronze statues, including depictions of snakes and a child priest, have been uncovered from a hot spring at San Casciano dei Bagni in Italy, according to the Italian Ministry of Culture, as per reports. The site, located around 120 kilometres northwest of Rome, has been excavated since 2019 and is believed to have been used
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