Biden sets aside $14bn to fight climate change in 2022 budget April 9, 2021 President Joe Biden has proposed $14bn in spending on initiatives to fight climate change in the 2022 budget, including large cash injections for environmental regulation and science research. The proposal underscores the administration’s ambitions to decarbonising the economy by 2050 to stem global warming, reversing a policy direction set by former President Donald Trump to slash red [...]
Biden to create commission to look into expanding Supreme Court April 9, 2021 US President Joe Biden will order the creation of a bipartisan commission to study potential reforms to the Supreme Court, including whether to expand the number of justices. The commission would tackle the “merits and legality” of specific high court reform proposals, the White House said in a statement, along with the contentious idea of [...]
Greensill lobbying row: Rishi Sunak’s texts to David Cameron published April 8, 2021 Texts sent by chancellor Rishi Sunak to David Cameron relating to collapsed finance firm Greensill Capital have been published amid a row over lobbying. The former prime minister is facing an investigation over messages he sent to the chancellor asking for more Covid support for Greensill. In response to a Freedom of Information request, the [...]
London reports zero Covid deaths as cases slump to September levels April 8, 2021 London recorded zero Covid-related deaths yesterday for the third time this year, as infections slumped to levels not seen since September. The daily death toll has previously fallen to nil on 28 March and 27 February, with cases continuing to decline across the bulk of boroughs. Just 317 coronavirus infections were reported in the capital [...]
Biden willing to compromise on plans to hike US corporate tax April 8, 2021 US President Joe Biden said last night he is open to compromise on his $2tn (£1.45bn) infrastructure plan amid fiery criticism from businesses over a proposed $2.5tn increase in corporate taxes. Biden faced furious backlash from Republicans, large corporations and members of his own Democratic Party to elements of the proposal he laid last week including major [...]
Facebook has no plans to let 530m users know they were impacted by data breach April 7, 2021 Facebook has no plans to let 530m users know they were impacted by data breach
JP Morgan CEO Jamie Dimon: London must reinvent itself as EU rivals fight to take its crown April 7, 2021 JP Morgan CEO Jamie Dimon: London must reinvent itself as EU rivals fight to take its crown
Kim Kardashian joins the billionaire club as sister Kylie falls out of favour April 6, 2021 Reality TV star-turned-cosmetic and shapewear mogul Kim Kardashian has appeared for the first time on Forbes magazine’s list of the world’s billionaires. Forbes estimated Kardashian, 40, is now worth $1bn, up from about £780m in October, “thanks to two lucrative businesses – KKW and Skims – as well as cash from reality television and endorsement [...]
Boris Johnson warns England to not book summer holidays abroad yet as traffic light system confirmed April 5, 2021 Boris Johnson warns England to not book summer holidays abroad yet as traffic light system confirmed
Tesla shares surge as electric carmaker’s deliveries beat estimates April 5, 2021 Shares of Tesla accelerated eight per cent in pre-market trading today, after the world’s most valuable carmaker posted record deliveries as a solid demand for its electric cars offset the impact of a global shortage of chips. The electric-car maker said on Friday it was encouraged by the strong reception of its Model Y crossover [...]