Business

Thousands of jobs could be created in Scotland under a Labour proposal to create a publicly-owned clean energy company with its headquarters north of the border, the leader of the opposition has said. Sir Keir Starmer set out his proposal to launch Great British Energy (GBN) during his party conference speech in Liverpool last year

Veteran Houston rapper Big Pokey (aka Melvin Powell) died Saturday night shortly after collapsing on stage during a Beaumont, Texas performance. He was 45 and the cause of death has not been determined. Video from the performance shows Big Pokey gasping in mid-lyric, then falling on his back. A nurse in the crowd administered CPR,

It would be “risky” for the government to protect mortgage holders against rising interest rates, according to a former Bank of England deputy governor. Speaking to Sophy Ridge on Sky News, Sir Charlie Bean said trying to help those paying off home loans could force the bank to raise the base rate even further. His

EXCLUSIVE: APA’s Head of Music Bruce Solar is among a few music agents who are leaving the agency. A replacement for Solar will be announced shortly. “In the past year we have added 21 agents including many that joined our touring department. This past week we notified a handful of agents, most of whose contracts

Annual mortgage repayments are set to rise by £2,900 for the average household remortgaging next year, according to a think tank. As the UK’s “mortgage crunch” deepens, total annual mortgage repayments could rise by £15.8bn by 2026, the Resolution Foundation said. Prolonged inflation has raised expectations that the Bank of England’s base rate-rising cycle, which

The Fox News producer responsible for putting up a chyron labeling Joe Biden a “wannabe dictator” resigned from the network shortly afterward, Tucker Carlson said in his latest Twitter video. Carlson did not name the producer, but Alexander McCaskill, who had long worked at Tucker Carlson Tonight and continued at the network after Fox News

The bosses of Britain’s biggest banks have told Rishi Sunak that technology companies must contribute to the cost of an online fraud “pandemic” that is undermining international investor confidence in the UK economy. Sky News has obtained a letter to the prime minister signed by the chief executives of nine lenders, including Barclays, NatWest and

It was a busy day on the L.A.-area WGA picket lines, with a visit from some Abbott Elementary folks, support from unionized teachers and nurses, and dancers getting their hula on for Pacific Islander Day. The day began with striking writers and their supporters having a nosh of breakfast burritos and coffee as picketers marched

London taxpayers could face millions of pounds in losses after an electric vehicle company backed by Sadiq Khan collapsed into administration. Sky News can reveal that the Mayor of London’s Energy Efficiency Fund (MEEF) injected more than £3m into Breathe, which provides EVs including Teslas to private-hire drivers. The funds were committed by MEEF just

NBA GOAT Michael Jordan has agreed to sell his majority stake in the Charlotte Hornets for an undisclosed sum. He will still retain a minority stake after the sale. The deal values the team at $3 billion, according to ESPN’s Adrian Wojnarowski, which means that Jordan could receive $1.5 billion, or more, depending on how

Tesco has reported “encouraging early signs” that grocery inflation is starting to ease while revealing a leap in sales. The UK’s largest retailer said there was a slowdown in price growth across the market and it was continuing to focus on value for its customers. The company updated on its performance as the food sector

UPDATE: Nevada Gov. Joe Lombardo has signed a Las Vegas stadium funding bill into law, marking yet another step forward for the Oakland A’s to move to Las Vegas. Lombardo approved $380 million in public money to build a $1.5 billion, retractable roof baseball stadium for the Athletics.  The 30,000-seat stadium will be built on

Millions of people were left waiting too long for energy support due to a lack of government “bandwidth”, according to a report from the cross-party Public Accounts Committee. More than a million households became eligible for support too late, while a further two million homes using prepayment meters have yet to redeem their £400 voucher,

The Sussexes have separated from Spotify, Deadline has confirmed. As part of their reported $20M deal with Spotify, inked back in 2020, Prince Harry and Meghan Markle had the podcast Archetypes, which the latter hosted. The podcast, which explored labels that held women back, and touted such guests as Trevor Noah, Mariah Carey, Mindy Kaling

The operator of Britain’s electricity system says it is to keep a scheme that aims to help prevent blackouts for the coming winter. National Grid ESO said it was “prudent to maintain” the demand flexibility service (DFS), which was introduced in 2022 in the wake of Europe’s gas squeeze caused by the war in Ukraine.

EXCLUSIVE: “We are today… WGA!” was the cry outside Cologne Cathedral yesterday evening in Germany, where around 50 protestors held a rally in solidarity with their WGA counterparts in the U.S. The demo was pulled together as part of the global Screenwriters Everywhere protests, which encompassed 20 locations around the world. On the ground in

The Federal Reserve, which is the US central bank, has held interest rates after 10 consecutive rises. The decision was announced a day after official figures showed US inflation was 4% – less than half the UK’s current level of 8.7%. Latest data from the Bureau of Labor Statistics said prices rose 4% in May,

Blackie Onassis, the Urge Overkill drummer who played on the remake of “Girl, You’ll Be a Woman Soon” that was featured in Pulp Fiction and on the band’s 1993 hit “Sister Havana,” has died. His bandmates confirmed the news Wednesday but gave no details including his age or cause or date of death. Urge Overkill

A deal that will create the country’s biggest mobile phone operator has been struck by Vodafone and the owner of Three UK, CK Hutchison. The combined group, which will comprise only their respective UK operations, will be majority-owned by Vodafone with 51% of the equity. The deal, if approved by regulators, will create a group

Anita Baker will continue The Songstress Tour alone after announcing she will no longer have Babyface as a guest on her upcoming shows. The announcement comes after Baker claimed to have been cyberbullied by Babyface’s fans. “After Silently, Enduring Cyber Bulling/Verbal Abuse & Threats of Violence from the Fan Base, of Our Special Guest/Support Act,”