Prime Minister Liz Truss is to ditch plans to abolish the 45p rate of tax for higher earners, Sky News understands. In a huge reversal on the controversial policy announced in the mini-budget earlier this month, the government is set to make the announcement soon. The 45p income tax cut policy was one of a
Business
EXCLUSIVE: NBCUniversal is restructuring Peacock’s publicity and corporate communications operations, sources tell Deadline. The streamer’s corporate communications team is being integrated into the broader TV & Streaming business, reporting into Mark Lazarus, Chairman, NBCUniversal Television and Streaming, while publicity will become part of the marketing division, reporting to Peacock’s CMO Shannon Willett. As a result,
Gas and electricity bills are going up as the new energy price cap takes effect. You may have read that from 1 October the price cap will mean average energy bills will increase by 27% from £1,971 a year to £2,500. But it isn’t as simple as that. House prices warning as growth slows to
The NFL and the NFL Players Association on Saturday issued a joint statement in the aftermath of the investigation into the application of the Concussion Protocol involving Miami Dolphins’ quarterback Tua Tagovailoa. Although the investigation in that case remains ongoing, the NFL and NFLPA have acknowledged that “modifications to the Concussion Protocol are needed to
Liz Truss is set to face a wretched week at the Tory Party conference after the disastrous reaction to Kwasi Kwarteng’s tax-cutting mini-budget. The prime minister arrived in Birmingham on Saturday looking buoyant just hours before yet another injurious poll was released. Hopes to be greeted by an adoring host of members have likely been
Hollywood’s Covid-19 protocols, which were set to expire Friday, will remain in place while negotiations continue between the AMPTP and DGA, SAG-AFTRA, IATSE, the Teamsters and the Basic Crafts. In a joint statement, the unions announced “a continuation of negotiations of the Return-to-Work agreement while discussions continue with the AMPTP,” and that the current rules “will remain in
The owners of Britain’s second-biggest steel producer are seeking an urgent package of financial support from taxpayers amid renewed fears for thousands of industrial jobs in the north of England. Sky News has learnt that Jingye Group, which bought British Steel out of insolvency in 2020, has told ministers that the company’s two blast furnaces
Among the 400 or so bills that California Governor Gavin Newsom either signed or vetoed this week was AB 2799, which provides that courts “must consider specified factors…in determining whether creative expression evidence is more prejudicial than probative.” Newsom signed it into law today at a virtual ceremony attended by Meek Mill, Killer Mike, Too
Consumers are being warned they may be targeted by scammers as the government’s energy price guarantee comes into effect. Messages asking for people to provide personal or financial details to receive support should be treated as fraudulent activity, as no applications are required, the business secretary has said. The £400 Energy Bill Support Scheme will
UPDATED with latest: Just days after being pummeled by Hurricane Ian, Universal Orlando Resort has announced that tomorrow, October 1, the resort will be open to all guests. A “phased reopen” began today for guests of the resort’s hotels who rode out the storm there. The resort’s popular Halloween Horror Nights will also be open
September has a deserved reputation for being a troublesome month in financial markets. It was, for example, the month in which Black Wednesday saw sterling ejected ignominiously from the Exchange Rate Mechanism in 1992 and the month in which Northern Rock collapsed in 2007. By then, the global financial crisis was well under way, an
The Glazer family, owners of the Tampa Bay Buccaneers, said Thursday that it will be donating $1 million the disaster relief efforts in Florida following Hurricane Ian. “The destruction suffered in Southwest Florida and the damage inflicted throughout our state will be felt for some time,” Buccaneers co-owner Darcie Glazer Kassewitz said. “It will take
Liz Truss and Kwasi Kwarteng will meet the head of the UK’s independent fiscal watchdog today. The talks with the Office of Budget Responsibility come after a week of economic turmoil following last Friday’s mini-budget. It is highly unusual for a PM to attend an OBR meeting – but the Treasury has denied that this
Animation workers at Stephen Colbert Presents Tooning Out the News have voted overwhelmingly to join The Animation Guild, IATSE Local 839. The animated comedy news program, which debuted in 2020, moves to Comedy Central next month. Its third season premieres October 5. “The organizing work done by the Tooning Out the News crew is a
On Tuesday, September 13, a 22-year-old Kurdish woman, Mahsa Amini, came out of a subway station in central Tehran, walked through a park, and in that park was arrested by Iran’s Moral Security Police. The morality policemen bundled her into their standard white and green Morality Patrol van. And, according to Amini’s family, they beat
The Bank of England’s chief economist has contradicted the government by saying there is an “undoubtedly a UK-specific component” to the market reaction of the past six days. Huw Pill has counteracted the government’s claim that the market turmoil which followed the mini-budget announcement is down to broader market factors experienced by other economies, such
A group of authors and other creative professionals are lending their names to an open letter protesting publishers’ lawsuit against the Internet Archive Library, characterizing it as one of a number of efforts to curb libraries’ lending of ebooks. Authors including Neil Gaiman, Naomi Klein, Cory Doctorow and Daniel Handler, aka Lemony Snicket, lent their
The government has ruled out a U-turn on the costly tax-cutting mini-budget and the chancellor will not resign despite mounting pressure. It comes after a day in which the Bank of England was forced to launch a temporary bond-buying programme as it took emergency action to prevent “material risk” to UK financial stability. Bank’s ‘nearly
Marking another major merger in the representation world, sources tell Deadline that Anonymous Content is in exclusive negotiations to acquire management And production firm Grandview/Automatik. The two companies have had discussions about a potential merger going all the way back to the spring with nothing serious ever coming of it but over the past couple
The Bank of England has launched a temporary bond-buying programme as it takes emergency action to prevent “material risk” to UK financial stability. It revealed that it would buy as many long-dated government bonds as needed between now and 14 October in a bid to stabilise financial markets in the wake of the mayhem that