Credit card borrowing last month increased at the fastest annual rate since 2005, according to new figures from the Bank of England. At the same time, the amount of money being deposited into accounts plummeted, as concerns grow about the rapidly increasing cost of living. Consumer credit, which includes borrowing on credit cards, overdrafts, personal
The UK’s competition watchdog is investigating Asos, Boohoo and George at Asda over claims about the sustainability of their products. The Competition and Markets Authority said it would examine the eco-friendly and sustainability claims made by the three businesses about items including clothing, footwear and accessories. In January the CMA started to look at sustainability
The amount of time, effort, and money needed to train ever-more-complex neural network models are soaring as researchers push the limits of machine learning. Analogue deep learning, a new branch of artificial intelligence, promises faster computation with less energy consumption. The findings of the research were published in the journal ‘Science’. Programmable resistors are the
1:03 AM ET Nick Kyrgios‘ day in court to face a common assault charge has been postponed by three weeks. The assault charge relates to an incident in January 2021 that was reported to ACT police in December. The Australian tennis sensation was initially required to face the ACT Magistrates Court on August 2, amid
One of the killers of six-year-old Arthur Labinjo-Hughes has had his prison sentence increased by judges at the Court of Appeal. Arthur’s stepmother, Emma Tustin, was jailed for life with a minimum term of 29 years in December last year for murder, while his father, Thomas Hughes, was sentenced to 21 years for manslaughter. The
Defence Secretary Ben Wallace has revealed his support for cabinet colleague Liz Truss in the Tory leadership race. Mr Wallace described Ms Truss as “authentic, honest and experienced”, and with having “integrity” for the top job. The defence secretary, who was himself widely tipped to become the next Conservative Party leader before ruling himself out
British Airways owner IAG has returned to quarterly profitability for the first time since the coronavirus pandemic, but blamed Heathrow for its current “operational challenges”. IAG chief executive Luis Gallego said the group’s best performing airlines were Iberia and Vueling, which were boosted by a recovery in the Spanish domestic market and routes to Latin
In this article AMZN An Amazon delivery worker pulls a delivery cart full of packages during its annual Prime Day promotion in New York City, June 21, 2021. Brendan McDermid | Reuters Earlier this week, Walmart and Best Buy both lowered their profit outlook for the second quarter and full year, setting off alarm bells
Marc Short, former chief of staff to former Vice President Mike Pence, fires back at Rep. Matt Gaetz (R-FL) over critical comments he made about Pence during a recent speech. #erinburnettoutfront #CNN #News
San Francisco has declared a state of emergency in response to the growing spread of monkeypox cases across the city. As of 27 July, 261 people had confirmed or probable monkeypox infections, with health officials warning the figure is likely to rise. The city’s mayor London Breed tweeted: “San Francisco is declaring a Local Public Health Emergency
Now that the US Senate has an agreement on the reform of the federal tax credit for electric vehicles, it looks like it might finally happen after roughly two years of work. Though it’s still pending a vote. But it does bring up an interesting question: Will it make EV sales crash until the end
In this article ENPH CTRA Getty Images The top eight S&P 500 stocks this year are all energy names. But one is unlike the others: Enphase Energy. The solar-focused company stands out amid the other seven gainers, all of which are oil and gas stocks. Occidental is the benchmark’s top performer this year, with shares
In this article AAPL Apple reported fiscal third-quarter earnings on Thursday that beat Wall Street expectations for sales and profit but showed slowing growth for the iPhone maker. Apple stock rose over 3% in extended trading. Here are the key numbers compared to what Wall Street was expecting, per Refinitiv estimates: EPS: $1.20
Jul 28, 2022 Associated Press NEW YORK — Belmont Park will hold its fall meet at Aqueduct during construction of vehicle and pedestrian tunnels that will allow access to the horse racing track’s 45-acre infield. The New York Racing Association said the 28-day “Belmont at the Big A” meet begins Sept. 15 and runs through
It’s been a hard couple of months for Marina Ovsyannikova, the Russian state TV journalist who burst onto an evening newscast in March holding up a banner against her nation’s actions in Ukraine, telling the channel’s millions of viewers that state TV was lying to them. She has no job, she is living off the
6:03 PM ET ESPN News Services PHILADELPHIA — The Philadelphia 76ers officially announced on Wednesday their new deal with veteran James Harden. The club didn’t reveal terms in a release, but Harden’s contract is for two years and $68.6 million, and it includes a player option for the 2023-24 season, sources told ESPN’s Adrian Wojnarowski
Up to 40% of households could be drawn into fuel poverty by soaring energy prices this winter, the boss of one of the UK’s largest energy providers has told Sky News. Rising wholesale gas prices, fuelled by the war in Ukraine, mean the domestic energy price cap is forecast to increase from the current £1,971
Ukraine says it is launching a counter-offensive in the south but as this gruesome war enters its sixth month people living on the frontline in the Donbas region of eastern Ukraine fear the shelling will never end. And they worry they’ve been forgotten about and left behind in the face of a slowly advancing Russian
From the Princess of Pop to an Oscar-nominated actress, Neighbours has provided a platform for several world-famous stars. And many of those have returned for the final episode, which comes after the series was axed by Channel 5 in the UK. Hollywood actor Guy Pearce, who played Mike Young (pictured above), is among the familiar
The 2021 major championship season has come and gone, but the three FedEx Cup Playoffs events are just around the corner. While Scottie Scheffler, the only four-time winner on the PGA Tour this season, remains No. 1 in the Official World Golf Ranking, he is no longer at the top of these rankings. With the