Grim news about the UK economy keeps mounting. Last week, the Bank of England forecast a 15-month recession, with inflation peaking at more than 13 per cent. The energy price cap, which limits how much households can be charged, is now forecast to soar 80 per cent in October from today’s record levels, pushing many
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The writer is a science commentator InnerCity Weightlifting, a non-profit gym in Boston, Massachusetts, recruits personal trainers from deprived backgrounds to get rich clients into shape. The unlikely pairings, aimed at steering youths away from a troubled life on the streets, produce more than just honed biceps: affluent gym-goers have spontaneously offered trainers extra job
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Vladimir Putin must think the leaders of Europe were born yesterday. The Russian president has made it perfectly clear that he will use tight restrictions of natural gas supplies as an economic weapon in the coming winter, but European politicians and central bankers still talk of a Russian embargo as a mere possibility. There is
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On August 8, the ethereum mixing service Tornado Cash, and all the crypto addresses associated with the platform, were officially banned by the U.S. Treasury Department’s Office of Foreign Asset Control (OFAC). Following the ban, the internet hosting service for software and open source code development, Github, erased some of the Tornado Cash commits and
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SoftBank’s record $23.4bn quarterly loss, a pledge of heavy cost-cutting and an hour of public self-criticism by its founder Masayoshi Son could push the Japanese billionaire to reconsider a management buyout of the technology conglomerate. Analysts and investors said the latest results, which delivered fresh signs that SoftBank is preparing to sell key operations such
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In signs that housing inventory is seeing meaningful recovery, active listings rose in July at a record annual pace — up 30.7% — for the third month in a row, according to the Realtor.com Monthly Housing Trends Report released on Tuesday. Although buyers had more for-sale home options in July, competition remained largely in sellers’
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Household energy bills in Britain are projected to peak at more than £4,420 a year on average next spring, posing a “fresh shock” for households already enduring a cost of living crisis. The energy consultancy Cornwall Insight on Tuesday raised its forecasts for Britain’s price cap following an announcement by the energy regulator Ofgem of
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We have to entertain the notion that Keir Starmer is good at politics. He has scrubbed Labour of the worst of the left. He has turned extinction-level opinion polls for his party into almost fine ones. He has — mark this — the eternal trait of the political winner: he unhinges his critics. Why, then,
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press release PRESS RELEASE. St. Barth, August 9, 2022 – KQuasars launches new astrophysical NFT collection. After studying with renowned physicists, meeting the CERN team and paying close attention to LIGO’s work, Kay Quattrocchi has joined forces with his son Harrisson Bordjel, inspirator and co-creator, and Sander Sturing a generative artist from the Netherlands, to
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