Rishi Sunak has claimed his budget will deliver a stronger economy “fit for a new age of optimism”. In comments released by the Treasury ahead of the chancellor’s address to MPs in the Commons on Wednesday, Mr Sunak said the budget will commence the “work of preparing for a new economy post-COVID”. “An economy of
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The government has U-turned by deciding to put legal controls on water firms dumping raw sewage in the sea and rivers across the country despite recently forcing Tory MPs to vote down similar proposals. The Department for Environment, Food and Rural Affairs (Defra) announced on Tuesday that the Environment Bill “will be further strengthened with
This is, technically speaking, Rishi Sunak’s third budget. But it might better be thought of as his first. After all, the first two of them, in March of 2020 and 2021, were so embroiled in all things COVID that they might be better thought of as emergency budgets. Neither gave much thought to the longer-term
8:10 AM ET Throughout a down period in his career that is now approaching three years, Rickie Fowler managed to maintain an air of positivity, sprinkled with some self-deprecation, while seemingly never allowing for any sort of dark moments to consume him. He approached his slump with hard work, didn’t get impatient by moving on
In the wake of last week’s unveiling of a Swedish single-seat personal electric vertical takeoff and landing (eVTOL) vehicle, Israeli company Air One now introduces a two-seat rival to allow individual consumers to fly themselves around. Flying car startup Air has rolled out its dual-person eVTOL for pre-orders, ahead of expected deliveries in 2024. Now in the
As gas prices climb to seven-year highs in America, drivers in some states are hit much harder than those in others. The average gas price in the U.S. was $3.378 per gallon as of Oct. 21, according to data from GasBuddy. But that average conceals a pretty wide spread among the 50 states. Oklahoma has
2:14 PM ET Texas Tech football coach Matt Wells has been fired after two-plus seasons in charge. The school announced Monday that it is relieving Wells of his duties effective immediately, and as a replacement named Sonny Cumbie, who played quarterback at Texas Tech for Mike Leach between 2000 and 2004, as the interim head
In this article AMZN VZ INDIA – 2019/08/30: In this photo illustration a popular wireless communication application Verizon logo seen displayed on a smartphone. (Photo Illustration by Avishek Das | SOPA Images | LightRocket | Getty Images Verizon is partnering with Amazon to use the tech giant’s coming satellite internet system to expand rural broadband
Adele has announced she will perform in London in 2022 in what will be her first live shows in five years – with some fans reporting her website has “crashed” already before the tickets are even on sale. The 33-year-old singer, whose high-profile comeback single Easy On Me broke records when it debuted at number
NASA’s Chandra X-ray telescope has found hints of what could be the first planet discovered outside our Milky Way galaxy. The possible signal discovered is located in the Messier 51 galaxy, some 28 million light-years away from Earth. NASA’s Chandra Observatory has been designed in such a way that it can detect X-ray emissions from
A former Conservative minister should be suspended from the Commons for lobbying on behalf of two companies, a standards body has ruled. Owen Paterson was found to have “repeatedly used his privileged position” to benefit Randox, a clinical diagnostics company, and Lynn’s Country Foods, a meat processor and distributor and has been recommended for suspension
Jeff Bezos’ Blue Origin on Monday announced it wants to launch a space station that will house up to 10 people in the second half of the decade, as the race to commercialize the cosmos heats up. “Orbital Reef,” described in a press statement as a mixed-use business park in space that will support microgravity
Heathrow’s chief executive says the airport is “on the cusp of a recovery” as it posts its first full quarter of passenger growth since 2019. Britain’s busiest airport benefitted from strong pent-up demand for travel as pandemic-related restrictions continue to ease around the world. Passenger numbers in the third financial quarter recovered to 28% and
In 1993, Steven Spielberg’s Jurassic Park introduced the world to dinosaurs like never before. While researchers were interested in the reptile that occupied Earth hundreds of millions of years ago, the movie made people curious about it. Since then, technological advancements have let scientists uncover deep-buried facts about dinosaurs. Today, whatever we know about them,
Facebook has revealed a profit of $9bn (£6.5bn) in the three months to September, up from $7.8bn (£5.6bn) last year and higher than expected. The company’s total revenue, which primarily consists of ad sales, rose to $29.01bn (£21bn) in the third quarter from $21.47bn (£15.6bn) at the same time last year, missing analysts’ estimates of
Hydropower projects around the globe can now apply for financing to support the cost of assessment for certification against the newly launched Hydropower Sustainability Standard. A fund of up to US$1 million provided by the Swiss government and managed by the International Hydropower Association’s non-profit sustainability division is available to around 40 hydropower projects over
Prince Andrew must be questioned under oath by Virginia Giuffre’s lawyers in her civil sexual assault case by mid-July next year, a US judge has ruled. District Judge Lewis Kaplan in Manhattan set the deadline of 14 July 2022 to complete depositions in a scheduling order agreed to by lawyers for Andrew and Ms Giuffre
American EV startup Canoo announced that it has reached an agreement with Panasonic to supply the batteries for its upcoming Lifestyle Vehicle. This currently in development EV sits upon Canoo’s multipurpose platform which includes a structurally integrated battery module and proprietary battery system technologies. Canoo ($GOEV) is an LA-based EV startup founded in 2017 by two former
In this article TSLA CAR Jeff Greenberg | Universal Images Group | Getty Images The economics of the rental car industry give companies including Avis Budget Group and Enterprise Holdings multiple reasons to go slow on the adoption of electric vehicles. Just think of how much money they make every time a renter forgets to
At least seven people have been killed and 140 injured after Sudan’s military seized power, a health ministry official has said. General Abdel Fattah al-Burhan dissolved the military-civilian Sovereign Council on Monday and announced a state of emergency. He has promised to hold elections in July 2023 and then hand over power to an elected
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