Authorities are conducting a manhunt for an inmate who escaped from a Gloucestershire prison, with police advising the public to avoid any contact with him. Gary Rootham, who was serving sentences for robbery and burglary at HMP Leyhill, fled the facility, according to Avon and Somerset Police. He was last spotted by prison staff around […] More
Journeys may still face delays and cancellations, and several airports have advised passengers to check for potential disruptions before traveling. The outages occurred on one of the year’s busiest days, coinciding with the start of summer break for many schools in England and Wales. GPs, pharmacies, banks, payment systems, and train services were also impacted. […] More
Markets seem comfortable with the prospect of a second Donald Trump presidency, but are they overlooking the risks? According to Ernie Tedeschi from Yale University, the answer is yes. In a piece for the Financial Times, he highlights “rising political risk” that he believes is being “underpriced by markets.” Tedeschi, who served as the chief […] More
A rock on Mars recently revealed an unexpected treasure after Curiosity accidentally cracked through its seemingly ordinary exterior. When the rover, weighing 899 kilograms (1,982 pounds), rolled over the rock, it broke open to reveal yellow crystals of elemental sulfur, or brimstone. While sulfates are relatively common on Mars, this is the first discovery of […] More
Big Tech stocks are losing their appeal as investors shift focus to smaller companies and previously neglected sectors. Over the past week, the Russell 2000 small-cap index surged by 7%, driven by falling inflation and a brighter earnings outlook. This shift has seen the once-dominant “Magnificent Seven” megacap tech stocks decline. These losses, intensified by […] More
Hargreaves Lansdown has once again extended the deadline for private equity firms to make a takeover offer for the UK’s largest retail investment site, potentially valuing it at £5.4bn. The board of Hargreaves Lansdown requested an extension from the UK Takeover Panel for a second time, citing ongoing discussions with the private equity firms led […] More
Starting January 17, mobile phone, pay TV, and broadband providers will be prohibited from implementing unexpected price hikes during the term of a contract. Under new regulations set by Ofcom, companies must disclose any potential mid-contract price increases clearly and in precise monetary terms at the point of sale. This decision follows a surge in […] More
UK national debt has reached its highest level since 1962, according to recent official statistics. As of June, government debt stood at 99.5% of the UK’s economic output, surpassing previous peaks from the pandemic. The latest figures from the Office for National Statistics (ONS) also revealed that borrowing exceeded expectations for June. A statement on […] More
Retail sales in Great Britain experienced a sharper-than-expected decline in June, dropping by 1.2% as households tightened their spending amidst adverse weather conditions, election uncertainties, and the ongoing cost-of-living crisis. This decline followed a 2.9% increase in May and was steeper than the anticipated 0.4% drop. According to the Office for National Statistics (ONS), department […] More
Television channels, airports, and banks worldwide experienced a massive outage causing Windows computers to shut down unexpectedly. Sky News’s breakfast show was off the air on Friday morning, replaced by archive footage. Downdetector, a site monitoring outages, reported sudden spikes in issues with Microsoft applications, banking websites, and airline apps. Ryanair’s website urged passengers to […] More