A cap on wholesale gas costs to effectively freeze current energy bills is being finalised by the government as it moves to shield households and businesses from soaring prices. It is set to be the first major policy initiative of Liz Truss’s premiership as she takes over from Boris Johnson. After months of criticism over
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It’s the end of an era for Dustin Brown and Betina Gozo, two popular trainers on the Apple Fitness+ platform, as they announce they are leaving. The service by Apple provides workouts for subscribers with instructors filming their sessions in studios based in Los Angeles. Brown shared on his Instagram that his departure was “not
Tackling the cost of living crisis, Liz Truss herself has said, is her number one priority once she gets the keys to Number 10. Her victory over Rishi Sunak in the Tory leadership race followed a tense five-week debate, dominated by how each would approach getting bills down for households and businesses. After criticism that
Liz Truss will go “bigger than expected” on energy after becoming the new prime minister on Tuesday, Sky News understands. The foreign secretary has won the Conservative leadership contest over rival Rishi Sunak and will succeed Boris Johnson tomorrow. Having made tax cuts a key priority during her leadership campaign, she has remained tight-lipped about
David Simonsen is joining Amazon and taking over the new position of Director Prime Video, Southeast Asia. He will be based in Singapore and is starting on Monday, September 5. As Director Prime Video, Southeast Asia, Simonsen will be responsible for the Prime Video business and marketing activities in the region, with a focus on
Waitrose has admitted to blocking rivals from opening supermarkets in close locations for close to a decade, according to the market watchdog. During an investigation between 2010 and 2019 into supermarket practices, the Competition and Markets Authority (CMA) found that Waitrose had conspired with landlords to prevent competing companies from opening stores. The practice, which
One in a series of conversations with industry figures about the 2022 midterm elections. Writer-director Adam McKay has been no great fan of President Joe Biden. The Oscar-winning writer and director favored Bernie Sanders and Elizabeth Warren in the last presidential election, and though he supported Biden in the general, he’s been skeptical that his
Bus journeys in England will be capped at £2 between January and March next year to help people deal with the rising cost of living. The Department for Transport said the plan could see some passengers save more than £3 per single bus ticket. The average fare for a three-mile journey is around £2.80, the
Maren Morris has turned an insult from Tucker Carlson into an opportunity to raise funds that help people in the transgender community. The Grammy award-winning singer and songwriter got into the Fox News host’s radar after an online feud with digital influencer Brittany Aldean, wife of country singer Jason Aldean. Brittany shared a video on
Britain’s biggest water utility is working on plans to raise additional funding just weeks after unveiling plans to tap shareholders for £1.5bn in new equity. Sky News has learnt that Thames Water has begun debating whether it needs to seek new capital to deliver the transformation plan it has set out under Sarah Bentley, its
Passionflix, a romance-focused streaming service run by Elon Musk’s sister Tosca Musk, has raised $9.4 million in a funding round led by AMC Networks. The influx of funding was reported Wednesday in an SEC filing, but individual investors were not named. AMC Networks’ minority stake worth several million dollars was confirmed by a person familiar
Russia has scrapped plans to reopen a major pipeline that sends natural gas to Europe. The decision by Gazprom, a state-controlled firm, will make it more difficult for Europe to secure fuel ahead of the winter. Gazprom said the Nord Stream 1 pipeline would remain closed because of a leak in the main gas turbine,
SAG-AFTRA is celebrating the upcoming Labor Day weekend with a podcast featuring Liz Shuler, president of the 12.5 million-member AFL-CIO, which represents 57 affiliated unions, including SAG-AFTRA, and workers in every ZIP code in the country. According to Shuler, the future of organized labor is bright. “We are stronger together,” Shuler said on the podcast.
Russia’s Gazprom has said natural gas supplies to Europe via the Nord Stream 1 pipeline will remain shut off. It comes after G7 finance ministers agreed to impose a price cap on Russian oil exports in an effort to limit funding for President Vladimir Putin’s war in Ukraine. Gazprom said it was not reinstating supplies
UPDATED, Friday AM: A more detailed inventory of what items the FBI retrieved in the search of Donald Trump’s Mar-a-Lago estate was unsealed Friday. The list — read it here — includes a rundown of what was gathered from Trump’s office. That includes documents marked top secret, secret and confidential, but also 43 empty folders
The chancellor is preparing a multibillion-pound package of tax cuts to help businesses struggling with soaring energy costs. Nadhim Zahawi is drawing up emergency plans to save companies on the brink of collapse for the incoming prime minister, who will be named on Monday. According to The Times, the chancellor believes the government can learn
With five titles surpassing 1 billion minutes of streaming, the week of August 1-7 found a familiar champion on the Nielsen streaming chart: Stranger Things. The Netflix mainstay declined 22% from the prior week but still racked up 1.42 billion minutes of streaming, enabling it to hold off the competition. It is the eighth weekly
The UK will enter recession before the end of this year, with growth expected to be weak into 2024. That is the latest forecast from the British Chambers of Commerce (BCC), which said it expects the UK economy to record three consecutive quarters of contraction – the definition of a recession – this year. However,
Broadway’s Cort Theatre will officially become the James Earl Jones Theatre in an official renaming and dedication ceremony on Monday, Sept. 12, the Shubert Organization announced today. The ceremony follows a $47 million restoration and expansion of the 110-year-old building on West 48th Street in Manhattan’s Theater District. The dedication ceremony will be open to
Annual house price growth in the UK slowed in August but remained in double digits for the tenth month in a row. House price growth fell to 10% last month, down from 11% in July, but actually increased when taking account of seasonal effects. Meanwhile, house prices have risen by almost £50,000 in two years.