The government should establish a “UK Recovery Corporation” to help tackle a £35bn state-backed debt burden accumulated by British businesses during the coronavirus crisis, a panel of top City figures will say this week. Sky News has exclusively obtained the principal recommendations of the Recapitalisation Group (RCG) – overseen by TheCityUK lobbying organisation – which
Month: July 2020
Eighteen sailors have been injured after an explosion caused a fire on a military ship in San Diego, the fire department said. The sailors were taken from the USS Bonhomme Richard to hospital with “non-life threatening injuries” on Sunday morning, Mike Raney, a spokesman for Naval Surface Force, US Pacific Fleet, said. San Diego Fire
8:45 PM ET The Pac-12 has decided to go to a conference-only model for fall sports, following the lead of the Big Ten, which announced the same move on Thursday. It’s the latest setback during a college football offseason that has been upended by the coronavirus pandemic, and is almost assuredly not the last domino
He became leader during lockdown and Sir Keir Starmer’s poll ratings have risen significantly in the 100 days since. But can that honeymoon last? The COVID-19 crisis has showcased the Labour leader’s skills as a lawyer: pinning Boris Johnson down on detail at Prime Minister’s Questions, arguing the UK government was “slow into lockdown, slow
A British student who travelled to Syria to join the Islamic State (IS) group has been killed in the prison where he was being held. Sky News understands that Ishak Mostefaoui, 27, was killed during a disturbance at the al Sina’a prison in the northeastern Syrian town of Hasakah within the last two weeks. Mostefaoui,
Dozens of key workers picking and packing vegetables at a farm in Herefordshire have tested positive for coronavirus. AS Green and Co, based in Mathon near Malvern, says 73 of its 200 employees have COVID-19 following an outbreak there. Workers are being asked to isolate on the farm and stay within household groups to reduce
Huawei has “close linkage” to the Chinese military, a former spy chief has told Sky News as he said he expected the Government to halt the involvement of the tech giant in the UK’s 5G network. Speaking to Sophy Ridge on Sunday, Sir Richard Dearlove, who led MI6 from 1999 to 2004, said the firm
Disney World Florida has reopened after four months of lockdown, despite a recent surge in COVID-19 cases in the US state. “The Most Magical Place on Earth” has introduced strict rules – including mandatory masks and social distancing – in a bid to prevent the spread of coronavirus. Along with the Magic Kingdom, Animal Kingdom
A COVID-19 vaccine could be rolled out across the country in the first half of next year if trials are successful, according to a leading UK scientist. Professor Robin Shattock, who heads a team developing a coronavirus vaccine at Imperial College London, has told Sky News that enough doses would be available for everyone in
More employees should return to work rather than stay at home to ensure “the economic engines of this country are fired up again”, Michael Gove has told Sky News. Ditching the previous government messaging during the coronavirus pandemic, the Cabinet Office minister said people who can “add value” from being in the workplace should do
Donald Trump has been seen wearing a mask in public, despite previously appearing reluctant to endorse their use. The US president was visiting a military hospital in Washington where he met injured service personnel and health workers caring for COVID-19 patients. The pandemic reached the US in March, and has infected more than 3.2 million
8:00 AM ET Before we get to the ranking of baseball’s best shortstops, a story about an All-Star second baseman. A few years ago, the Houston Astros‘ staff encouraged batting champion Jose Altuve to be more patient at the plate. The staffers assured Altuve they weren’t asking him to hunt walks, but they believed if
Sir Richard Branson’s Virgin Atlantic Airways is this weekend racing to secure the backing of a giant American payments group for a £1bn rescue deal that would save thousands of British aviation jobs. Sky News has learnt that First Data, a subsidiary of Nasdaq-listed Fiserv, has in recent days demanded stringent terms in return for
Portuguese police and firefighters have explored three old, disused wells in their search for the body of missing Madeleine McCann. The operation in a remote corner of the Algarve coast involved more than a dozen investigators using specialist climbing gear, including harnesses and ropes. It is understood the searchers found no evidence of Madeleine. Image:
The government will spend £705m to secure Great Britain’s border after leaving the EU, including a lorry park in Kent to deal with potential disruption. The new funding, for border infrastructure, jobs and technology, will ensure the UK’s border systems are “fully operational” after the UK has fully left the EU from 1 January 2021,
The fund manager whose firm’s collapse last year sent shockwaves through the City is staging his comeback as an adviser to a backer of start-up companies. Sky News has learnt that Neil Woodford has quietly begun working for Juno Capital, whose partners include the FTSE-100 grandee Sir Nigel Rudd, who has run and chaired a
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