Food prices may not fall at all, the chief economist at the Bank of England has said. The cost of sustenance “could still remain higher than it was” before the invasion of Ukraine caused the rate of food price rises to accelerate. “Unfortunately the days of seeing food prices fall, that does seem to be
Consumers spent less in shops as wet weather dampened demand for typical seasonal goods in July, latest figures show. Total UK retail sales increased 1.5%, according to the retail sales monitor from retail representative British Retail Consortium (BRC) and big four accountancy firm KPMG. But at the same time official figures showed the rate of
The government will fail to meet its asylum backlog target without a drastic increase in the processing of applications, a Sky News analysis has found. At present, there are more than 136,000 asylum applications waiting for an initial decision, including 62,000 that were made before 28 June 2022 – the so-called “legacy backlog”. In December
The BBC faces scrutiny over the sale of one of its historic London studios after the emergence of a rival – and possibly higher – bid from a consortium including the Hollywood film producer Matthew Vaughn. Sky News has learnt that a syndicate comprising Mr Vaughn, Sir Len Blavatnik, the billionaire investor in Warner Music
Saudi state oil giant Aramco reported 112.81 billion riyal ($30.07 billion) in net profit in the second quarter, in a sharp drop from the $48.4 billion recorded in the same period of last year amid a decline in hydrocarbon prices. Second-quarter profit nevertheless came slightly above analyst expectations near $29.8 billion. Analysts had expected second
Niger has closed its airspace until further notice citing the threat of military intervention from the West African regional bloc after coup leaders rejected a deadline to reinstate the country’s ousted president. The airspace was closed by the junta on Sunday “in the face of the threat of intervention that is becoming more apparent,” a
House prices fell by 2.4% in the year up to July – but there are signs the market is showing ‘resilience’, according to the Halifax. The fall in property values is less than the 2.6% annual decline it recorded in June, which was the biggest annual drop in more than 10 years. Month-on-month, house prices
Another Russian warship listing in the water is probably not the image Vladimir Putin had in mind for his beloved Black Sea fleet – but it does demonstrate the increasing effectiveness of Ukraine’s sea drones. The last few days have seen two attacks on Russian ships, both reportedly carried out by Ukrainian unmanned vessels. In
Football fans could be banned from games if they mock tragedies such as the Hillsborough disaster, the Munich air crash or the Bradford City fire. Updated Crown Prosecution Service (CPS) guidance is seeking to tackle tragedy-related abuse, which is when fans chant or gesture offensive messages about disasters or accidents involving players or fans. The
A video from inside Tesla Gigafactory Texas has revealed the Cybertruck’s frunk for the first time. As expected based on recent sightings, it is small, but at least, it’s there. Front trunks, or frunks, are believed to be more valuable in electric pickup trucks rather than in regular passenger electric cars since they have beds
England have finished runners-up to Australia in the Netball World Cup after reaching the final for the first time ever. The Roses trailed the 12-time champions at half-time on Sunday and despite a spirited effort in the second half were unable to triumph in the final in Cape Town, which finished 61-45. Coming into the
A deadline for Niger’s coup leaders to stand down and reinstate the country’s elected president has arrived. The Economic Community of West African States (ECOWAS) said on Friday its defence chiefs had drawn up a plan for military action if the junta, which has said it will not bow to outside pressure, did not comply
Marc Raimondi, ESPN Staff WriterAug 6, 2023, 01:31 AM ET DALLAS — In Jake Paul’s war against MMA fighters, he remains undefeated. The YouTuber-turned-prizefighter defeated Nate Diaz via unanimous decision (97-92, 98-91, 98-91) Saturday night at a sold-out American Airlines Center. Paul hurt Diaz in the first round, and it seemed he would cruise or
Fans of the Audi RS6 sports car sedan (saloon) have reason to celebrate. Audi Sport plans to resurrect the RS6 saloon as an even more powerful, high-performance electric sedan. Audi RS6 sports car will have a powerful electric revival The Audi RS6 has attracted fans for over 20 years, but the classic sedan was discontinued
Donald Trump has described being indicted as a “truly great badge of honour” – and suggested further criminal charges could help him win next year’s election. Speaking to Republicans in Alabama, the former president said he goes up in the polls every time an indictment is filed, describing the allegations against him as “fake” and
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook listens as U.S. President Joe Biden speaks during a roundtable with American and Indian business leaders alongside in the East Room of the White House on June 23, 2023 in Washington, DC. Anna Moneymaker | Getty Images Apple shares fell 4.8%
In this article AAPL Follow your favorite stocksCREATE FREE ACCOUNT Apple CEO Tim Cook speaks with media members at a viewing area for new products during Apple’s Worldwide Developers Conference (WWDC) at the Apple Park campus in Cupertino, California, on June 5, 2023. Josh Edelson | AFP | Getty Images Shares of Apple were down
In this article GOOGL Follow your favorite stocksCREATE FREE ACCOUNT Google CEO Sundar Pichai Getty Images Google is hoping to lure workers back to the office with a new on-site hotel special, but some workers aren’t convinced it’s a good deal. The company said full-time employees can book a room at an on-campus hotel in
Ukraine is embroiled in a fight for its very survival as an independent state. Although Moscow is able to strike Ukrainian territory with impunity, the West will not allow Ukraine to use Western-supplied weapons to strike Russia across the border for fear of an escalation. But is this limitation preventing Ukraine from striking a potentially
The police watchdog has launched an investigation into a woman’s claim she was drugged and sexually assaulted while in police custody. Zayna Iman told Sky News the incident took place while she was held by officers from Greater Manchester Police. CCTV footage shows the 38-year-old being carried into a police cell unconscious and with her