Chancellor Rishi Sunak has warned that Britain’s public finances will face “enormous strains” in the wake of the latest national lockdown. Ahead of Wednesday’s Budget announcement, Mr Sunak told the Financial Times a bill for the government’s £280bn investment in coronavirus support will eventually have to be paid, with low interest rates leaving the nation’s
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Pump jacks operate in the Permian Basin in Midland, Texas, U.S, on Saturday, Feb. 13, 2021. Matthew Busch | Bloomberg | Getty Images The shock winter storm in Texas that left millions without power and took dozens of lives also froze a major local commodity: the Lone Star state’s oil production, slashing some 4 million
The European Solar Initiative and Solar Power Europe have teamed up to launch the new Solar Manufacturing Accelerator. This new platform is aimed at accelerating the deployment of solar PV manufacturing projects in Europe — something that strengthens the EU’s leadership in clean energy technologies. It also contributes to the re-industrialization of Europe. This initiative
Lady Gaga’s French bulldogs have been found safe and unharmed – two days after being stolen at gunpoint in Los Angeles. Koji and Gustav were handed in at LAPD’s Olympic Community Police Station on Friday by a woman who appears to be “uninvolved and unassociated” with the armed robbery. It isn’t clear how she came
Axum is a historical city – an ancient site of pilgrimage in the Ethiopian region of Tigray. But a vicious conflict arrived in this community on the morning of 28 November, and it was signalled by the crack of gunfire from the surrounding hills. These shots would mark the beginning of 24 hours of unspeakable
This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy, including the current situation at Tesla Fremont factory, Hyundai Ioniq 5, WD ID.4, and more. The Electrek Podcast is me, Fred Lambert, editor-in-chief of Electrek, and Seth Weintraub, founder and publisher of Electrek and the 9to5 network, discussing all
As former first minister Alex Salmond waved to photographers on his exit from Holyrood, something else left the building. An email sent by the Scottish Parliament’s harassment committee that might yet breach the evidence impasse. For as long, detailed and explosive as six hours of testimony was from Mr Salmond, it’s not underpinned by available
7:00 AM ET With MLB spring training games set to begin Sunday across Florida and Arizona, it is officially baseball season once again. The start of a new season means seeing players like Francisco Lindor, Trevor Bauer and Nolan Arenado in their new uniforms along with a chance to get a glimpse of some of
Lady Gaga has said her “heart is sick” after the violent theft of her dogs as she confirmed a $500,000 reward for their safe return. Her friend Ryan Fischer, who was walking the pets, was shot in the abduction in Los Angeles earlier this week. The singer posted her first comments since the incident on
Co-founder and CEO of Airbnb Brian Chesky speaks during an interview in Langa township, Cape Town, South Africa March 17, 2017. Mike Hutchings | Reuters Airbnb’s stock was up as much as 16% on Friday following a number of analyst reports highlighting that the company is well positioned to capitalize on the expected recovery in
Roblox CEO David Baszucki Roblox Roblox is counting on adults to buy its stock when the company goes public next month. But it also wants them as customers. Roblox has become one of the top-grossing apps on Apple and Google devices through its millions of user-created games that allow kids to hang out with their
Rising coronavirus cases in a small number of areas in England has led the deputy chief medical officer to warn: “Don’t wreck this now.” Jonathan Van-Tam was speaking at Friday’s Downing Street briefing on the fight against coronavirus. Live COVID updates from the UK and around the world As the UK’s COVID-19 vaccine rollout continues
Simon Dawson | Bloomberg | Getty Images New homes in London could soon be powered using excess heat recovered from sewage treatment in a project described as a “first of its kind” for England. The collaboration between Thames Water and Kingston Council, toward the southwest of the U.K. capital, would see the heat captured and
A UN climate change report has found that global efforts to reduce CO2 emissions “fall far short of what is required” and that nations must “step up” to fulfil promises made under the Paris agreement. In a stark warning ahead of a make or break COP26 climate conference in Glasgow later this year, countries were
Let’s start with the good news. COVID cases are gradually slowing down; they’ve become just another part of a shift for the paramedics in North Wales and the rest of the UK. The Welsh Ambulance Service still has 89 soldiers helping them through the end of the winter peak but the COVID calls are usually
NatWest Group is braced for the government to further delay its target date for returning the lender to full ownership, raising the prospect that it could face almost 20 years as a partially nationalised company. Sky News understands that the Treasury is likely to confirm alongside Rishi Sunak‘s Budget next week that its ambition of