A former governor of the Bank of England has told Sky News that while it was too slow to turn off the stimulus taps after the COVID pandemic, its actions to tame inflation are now “in the right area.” Lord Mervyn King, who presided over the Bank’s response to the global financial crisis in 2008,
The anger in Derna has been brewing for days now. It’s been building ever since the floodwaters dropped. Even amid the overwhelming grief with a quarter of the city’s population wiped out, the survivors and bereaved families unleashed a torrent of frustration and fury of equal ferocity to the water which punched through Derna. That
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Andrew Sachs’ granddaughter has said that she “doesn’t see Russell Brand as a rapist” from her “own experience” following a string of allegations against the comic. Georgina Baillie, who had a relationship with Brand in the 2000s, added that women’s stories of sexual abuse should always be believed and taken seriously. Baillie, 38, was at
Gas prices are displayed at an Exxon gas station on July 05, 2022 in San Francisco, California. Justin Sullivan | Getty Images The state of California on Friday filed one of the most significant cases against major oil companies for their role in perpetuating climate change. The 135-page legal complaint, filed through the office of
Mark Schlabach, ESPN Senior WriterSep 18, 2023, 04:14 PM ET Close Senior college football writer Author of seven books on college football Graduate of the University of Georgia Six-time major champion Phil Mickelson said he isn’t wagering on football games this season as he continues to recover from a gambling addiction. Mickelson’s statement on social
The owner of a nursery in New York City and a tenant living in the building have been arrested after a one-year-old boy died and three others fell ill following apparent fentanyl exposure. The arrests come after authorities discovered four children – aged eight months to two years – showing signs of suspected opioid overdose
Fidji Simo, chief executive officer of Instacart Inc., speaks during a Bloomberg Studio 1.0 interview in San Francisco, California, U.S., on Thursday, March 3, 2022. David Paul Morris | Bloomberg | Getty Images Instacart, the grocery-delivery company that saw its business boom during the pandemic, priced its long-awaited IPO at $30 a share on Monday,
It will take at least two years – possibly more – to rid the Metropolitan Police of corrupt officers – with some of those facing criminal charges not set to go to trial before 2025, the force has said. Over the same period it is planning to hold 60 hearings a month relating to misconduct
Boris Johnson’s chaotic time in office exposed weaknesses in the UK’s political system that have damaged public trust and the country’s international reputation, a major review has found. A report by the Institute for Government (IfG) called for urgent reform following a tumultuous period which has seen MPs test or break constitutional principles – including
Prime Minister Justin Trudeau has said there are “credible allegations” that the Indian government was behind the assassination of a Sikh leader in Canada earlier this summer. Hardeep Singh Nijjar, a Canadian citizen, was shot dead outside a Sikh temple in Surrey, British Columbia, on 18 June. The prime minister said he had raised his
The government has announced a new fixed sum payment for victims of the Post Office Horizon scandal in an effort to provide quicker compensation. An award of £600,000 is on offer to the 86 postmasters who have had their convictions over turned after faulty Horizon software made it appear they were stealing. Anyone who has
According to a new report from the Wall Street Journal, Tesla and Saudi Arabia are in early talks about building an electric vehicle factory in the country, and the latter is dangling some cobalt from the DRC as an incentive. While only sighting “people familiar with the discussions,” the WSJ reports today: Saudi Arabia is
The Met Police has said it has received an allegation of sexual assault against Russell Brand dating back to 2003. It comes after four women made sexual abuse allegations against the comedian between 2006 and 2013 as part of an investigation by The Times, The Sunday Times and Channel 4 Dispatches. Since publication, The Times
NBA Insiders Sep 18, 2023, 08:00 AM ET All eyes will be on this season’s NBA rookie class — headed by No. 1 pick Victor Wembanyama — but don’t sleep on a whole list of second-year players to watch. Before we get to them, let’s acknowledge the sophomores who already proved their star power. Orlando
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Kif Leswing/CNBC Alongside new iPhones and Apple Watches, Apple is releasing a new version of its AirPods Pro this month. The 2nd Generation AirPods Pro with USB-C — a mouthful of a model name — don’t have any radical hardware changes. Apple replaced the proprietary
Levelling up minister Dehenna Davison has quit her government role, saying she has been “battling with chronic migraine”. Jacob Young, the MP for Redcar, has been announced as her replacement. In a letter to Rishi Sunak, Ms Davison outlined how the condition had impacted her. Politics latest: Truss says getting rid of Boris Johnson was
An unrepentant Liz Truss has sought to blame a left-wing infiltration of thinktanks, the Bank of England and other “institutions” for the market turmoil during her brief premiership. Ms Truss was speaking at an Institute for Government event about what she believes are the issues with the UK economy. Her 49 days as prime minister
One of Russell Brand’s accusers has claimed a BBC car took her from school to the star’s house when she was 16 years old. “Alice” told BBC Radio 4’s Woman’s Hour the alleged abusive relationship left her feeling “cheap and dirtied”. She went on to say Brand’s denial of the accusations was “insulting”. “It is
India’s Aditya-L1 solar mission spacecraft has commenced collecting scientific data to help scientists analyse particles surrounding Earth, ISRO said on Monday. The sensors on board India’s first solar observatory have begun measuring ions and electrons at distances greater than 50,000 km from Earth, ISRO announced in a post on X. The national space agency said