Warning from HMRC: ‘Hidden tax’ on state pension hits 8.5 million pensioners, blow to pensioners: ‘Sunak is a liar!’

The number of Britons over retirement age paying tax on their state pension has increased significantly in the past year, according to new figures published by HM Revenue and Customs (HMRC). Tax authority data shows that annual figures on the number of people paying income tax on their pension payments have risen by 660,000, from … Read more

London Tunnels moves its IPO plan to Amsterdam in a blow to UK markets

London Tunnels, which aims to transform an abandoned underground network into a tourist attraction, has abandoned plans to set up operations in the capital and has instead opted for a stock exchange listing in Amsterdam. The company wants to turn the Kingsway interchange tunnels, an 8,000 square meter network under Holborn in central London, into … Read more

Apple shut down a popular feature, dealing a major blow to iPhone users

By Nikki Main Science Reporter for Dailymail.Com 3:38 PM June 18, 2024, updated 5:57 PM June 18, 2024 Apple discontinued a popular feature just a year after launch, which was a major blow to iPhone users. The tech giant withdrew its buy now, pay later, better known as Apple Pay Later, which allowed users to … Read more

NASA Images: From nebulas to galaxies, these photos will blow your mind

The National Aeronautics of Space Administration (NASA) never fails to amaze us with breathtaking images from space, offering a glimpse of phenomena light years away from Earth. From dazzling nebulae to mesmerizing galaxies, here are NASA’s top seven recent snapshots of the cosmos. Glitter star cluster NGC 2005 The US space agency shared a dazzling … Read more

The British economy is stagnating, dealing a new blow to Rishi Sunak’s election hopes

Sign up to the View from Westminster email to get expert analysis straight to your inbox Receive our free View from Westminster email The British economy failed to grow in April, dealing a blow to Rishi Sunak’s hopes of turning around the Tory party’s faltering election campaign. According to data published by the Office for … Read more

The British economy is stalling after Rishi Sunak’s blow

Unlock the Editor’s Digest for free Roula Khalaf, editor of the FT, selects her favorite stories in this weekly newsletter. Economic growth in Britain stalled in April in a blow to Prime Minister Rishi Sunak, who is trying to revive a faltering election campaign. The zero growth rate for the month compared with 0.4 percent … Read more

General election 2024: Hopes for a rate cut take another blow

The latest set of employment figures before election day show wages continuing to grow at more than double the rate of inflation, a double-edged sword for Rishi Sunak’s government. By means of James Sillars, business reporter @SkyNewsBiz Tuesday, June 11, 2024 7:27 AM, UK The prospect of a pre-election rate cut by the Bank of … Read more

Major fault line off the west coast could trigger a catastrophic magnitude 9 earthquake, research shows – and it’s due to a blow

The Cascadia Subduction Zone extends along a 600-mile stretch of the Pacific Ocean off the coasts of southern Canada, Washington, Oregon and northern California.  If it erupts, it could cause a magnitude 9 earthquake to hit the region.  The darker areas mark the region that would suffer the most damage and extend inland where the devastation would be more moderate

An underwater fault line along America’s west coast could trigger a megaquake that would be more devastating than California’s ‘Big One’, a new study suggests. Using underwater mapping techniques, scientists have mapped the Cascadia Subduction Zone – a 600-mile-long fault line stretching from southern Canada to Northern California – in unprecedented detail. It has been … Read more