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British government debt hit 100% of economic output for the first time in recent history and there was another large budget deficit last month, adding to the problems for finance minister Rachel Reeves as she readies her tax and spending plans. Public sector net debt, excluding public sector-owned banks, rose to 100% of GDP for the first time since monthly records began in 1993, up from 99.3% in July, the Office for National Statistics said on Friday. Bank of England records show debt was last running at this level on a regular basis in the early 1960s, when Britain was still dealing with the financial repercussions of World War Two.
Sir Keir Starmer insists he is in ‘complete control’ of his government ahead of Labour Party conference
Emergency crews continued searching for two people reported missing in Traversara, Italy, as heavy flooding hit parts of the country on Thursday, September 19.Videos released by Vigili del Fuoco, Italy’s fire and rescue agency, shows firefighters searching for the missing persons from a helicopter.In another video, crews can be seen conducting search and rescue operations from the ground and in the sky.The Commune of Bagnacavallo declared a severe weather emergency for Traversara and said the situation was “critical” following the breaking in the embankment of the Lamone River. Credit: Vigili del Fuoco via Storyful
Official figures showed higher spending on public services, while national debt hit levels last seen in the early 1960s.
We recently compiled a list of the Jim Cramer’s Top 12 Must-Watch Stocks. In this article, we are going to take a look at where Verve Therapeutics Inc. (NASDAQ:VERV) stands against Jim Cramer’s other must-watch stocks. In a recent episode of Mad Money, Jim Cramer traveled to Dreamforce to understand the true capabilities of artificial intelligence […]
LOS ANGELES (AP) — The University of California board of regents approved Thursday additional non-lethal weapons requested by UCLA police, which handled some of the nation's largest student protests against the Israel-Hamas war.
LOS ANGELES, September 20, 2024--Faraday Future Intelligent Electric Inc. (Nasdaq: FFIE) ("FF", "Faraday Future", or "Company"), a California-based global shared intelligent electric mobility ecosystem company, announced today that it will launch its second brand, Faraday X (or "FX" for short), which will be an integral part of FF’s overall growth strategy, and is part of the Company’s Global Automotive Industry Bridge Strategy.
Authorities seized 971 kilograms (2,140 pounds) of cocaine camouflaged in sacks of sugar at a port in Colombia on Thursday, September 19.This footage released by General William Rene Salamanca Ramirez, the director general of the national police of Colombia, shows a police dog sniffing bags of sugar in a port in Santa Marta, Colombia. Dozens of packets can then be seen laid out on a floor.Ramirez said that the bags of cocaine were en route to Belgium and were estimated to be worth 34 million euros (over 37 million US dollars). He said that the police operation revealed that drug traffickers changed the traditional rectangular shape of the cocaine packages to avoid detection by cargo scanners.According to a local news report, another maritime operation carried out around the same time resulted in the Colombian Navy seizing a ton of cocaine from a boat. Credit: General William René Salamanca Ramírez via Storyful
The public finances have been put under enormous strain by the costs of responding the triple whammy of the financial crisis, the pandemic and the energy crisis.
Ukrainian officials said a 78-year-old woman was killed and 13 people were injured when a Russian missile struck a five-story senior care facility in the northeast Ukrainian city of Sumy on Thursday, September 19.This footage was released by the State Emergency Service (SES), which said 147 people were evacuated from the building.Government officials in Sumy said the building was struck by a KAB-500 precision-guided missile.The facility housed 221 patients, including 87 with reduced mobility, all of whom were transferred to other care facilities, officials said.The care home is located across the street from a medical complex that includes hospitals for children, veterans, and cardiology patients. There are no known military sites in the area. Credit: SES Ukraine via Storyful
Alongside the £13.7 billion of borrowing in August, the public debt mountain is now as big as the nation’s entire GDP for the first time since 1961. The Office for National Statistics said public sector net debt stood at precisely 100% of annual economic output, a level seen when Harold Macmillan was Prime Minister and borrowing levels were coming down after WW2. This time the public finances have been put under enormous strain by the costs of responding to the financial crisis, the pandemic and the energy crisis.
The 61-year-old’s departure comes amid a run of underwhelming performances for the national team
British heavyweights go head-to-head for IBF title in front of 96,000 fans at Wembley
Authorities say eight firefighters have been injured in a severe highway crash involving a fire truck in Southern California. Chief Brian Fennessy of the Orange County Fire Authority says a ladder in the road caused the truck to swerve, strike a guard rail and overturn.
Sales rose fastest at textile, clothing and footwear stores.
On September 19, at the HUAWEI Innovative Product Launch event in Barcelona, Spain, Huawei Consumer Business Group (CBG) unveiled several highly anticipated products, with 'Fashion Forward' approach for wearables, including the HUAWEI WATCH GT 5 Series, HUAWEI WATCH D2 and HUAWEI WATCH Ultimate Green. The launch also announced the popular HUAWEI MatePad Pro 12.2-inch and HUAWEI MatePad 12 X tablets, together delivering a new generation of wearable experiences, and upgraded technologies for enhan
Football star Anthony Gordon was spotted leaving training in Newcastle Upon Tyne, England, on Wednesday, September 18, in a Hummer EV, according to an eagle-eyed fan.X user @laurenback_ said she saw Gordon leaving the training ground in the Hummer EV on Wednesday. Credit: @laurenback_ via Storyful
The U.N. peacekeeping force in south Lebanon urged de-escalation on Friday after a big increase in hostilities at the Lebanese-Israeli border, where Israel and the Iran-backed Hezbollah have been trading fire for almost a year. The UNIFIL force had witnessed "a heavy intensification of the hostilities across the Blue Line" and throughout its area of operations, spokesperson Andrea Tenenti told Reuters. "We are concerned at the increased escalation across the Blue Line and urge all actors to immediately de-escalate," he said.
We recently compiled a list of the Jim Cramer’s Top 12 Must-Watch Stocks. In this article, we are going to take a look at where Portland General Electric Company (NYSE:POR) stands against Jim Cramer’s other must-watch stocks. In a recent episode of Mad Money, Jim Cramer traveled to Dreamforce to understand the true capabilities of artificial […]
Barcelona’s recent clash with Monaco ended in a disappointing 1-2 defeat for the Catalan giants, and while the result was a blow, the performance of young forward Lamine Yamal stood out. The talent...