Author: SKYNEWS

Hopes of a summer interest rate cut have been knocked by a member of the Bank of England’s rate-setting committee.Jonathan Haskel said he wanted to keep interest rates on hold because inflation pressures remain in the jobs market, according to the text of a speech he is due to deliver at King’s College London later on Monday. The document, released by the Bank, said Mr Haskel would declare: “The labour market continues to be tight, and I worry it is still impaired.”I would rather hold rates until there is more certainty that underlying inflationary pressures have subsided sustainably.”Money latest: Pubs…

An asteroid is whipping past Earth today, travelling at more than 40,000 miles per hour.NASA says the asteroid will pass just 936,000 miles away from Earth, a relatively close-shave in space terms. It’s the closest the asteroid, known as 2024 MT-1, will come to the planet during its orbit around the sun – however, it poses no risk to life on Earth.2024 MT-1 takes around 1.2 years to orbit the sun and is just over 79 metres wide. For context, Westminster Abbey’s tower height is about 68m.An asteroid is a relatively small rock that orbits the sun, usually made up…

James Corden delayed the start of his West End stage show on Saturday evening to watch the penalty shootout between England and Switzerland with his audience.The 45-year-old actor and football fan brought an iPad out onto the Old Vic stage, where he is currently starring in new political play The Constituent. With the score 1-1 after extra-time, England beat the Swiss 5-3 on penalties in Dusseldorf, Germany, securing Gareth Southgate’s team a place in the semi-finals of Euro 2024.Audience member Carla Feltham, 37, filmed the moment, which showed the Gavin And Stacey star propping the iPad up on a table…

Metro Bank is reviving plans to offload a multibillion pound mortgage months after an investor bailout rescued it from the brink of collapse.Sky News has learnt that the London-listed high street lender is working with Morgan Stanley on a process to raise capital from the sale of the mortgages. City sources said the size of the portfolio had yet to be finalised, with one adviser suggesting it could be closer to £4bn than £3bn.Indicative offers are said to have been due for the portfolio several days ago.Money latest: Pubs want ‘disgraceful’ Co-op advert taken off TV The revival of the…

A pill for couples struggling to conceive with IVF treatment has been found to increase the chances of pregnancy, scientists say.Researchers said initial trials of the drug – known as OXO-001 and created by Spanish biotech company Oxolife – showed “promising” results. It acts directly on the inner lining of the womb to improve the embryo implantation process during fertility treatment.Around 96 infertile women who were aged 40 or under and were receiving fertility treatment – either IVF or intracytoplasmic sperm injection (ICSI) with donor eggs – at 28 centres across Europe took part in the new study, between September…

Footballer Jack Grealish and his girlfriend Sasha Attwood have announced they are expecting their first child.The couple, both 28, shared the news on their Instagram accounts. “Life’s biggest blessing,” wrote Grealish, posting a photograph of himself hugging Attwood from behind, with both their hands over her pregnancy bump. Instagram This content is provided by Instagram, which may be using cookies and other technologies. To show you this content, we need your permission to use cookies. You can use the buttons below to amend your preferences to enable Instagram cookies or to allow those cookies just once. You can change your…

Boeing is to plead guilty to a criminal fraud conspiracy charge to resolve a US investigation into two fatal 737 MAX crashes.An official at the US Department of Justice (DoJ) revealed overnight that Boeing would pay a $243.6m (£190.1m) fine and invest at least $455m (£355m) over three years to strengthen its safety and compliance programmes as part of the plea deal. The settlement, which Boeing acknowledged but did not comment on, marks the second time the planemaker has been offered a plea bargain by the department relating to the crashes of 2018 and 2019 that were blamed on flawed…

Nicki Minaj has cancelled a festival appearance in Romania over “safety concerns”.The US rapper, 41, had been due to perform at Saga Festival in Bucharest on Sunday evening. But she was warned about “protests in the area”, she said, and needed to make “sound decisions” so that she made it home to her son and her team to their families.She acted out of concern for the “well-being of our team and myself”, she said.She is still hoping to perform at the Wireless Festival in London on Friday, she added. In a post on X, Minaj said: “Out of concern for…

The founder of Revolut is to cash in part of his multibillion dollar stake in the company as part of a $500m (£391m) share sale.Sky News has learnt that Nik Storonsky, who is the fintech giant’s chief executive, plans to offload stock worth tens or even hundreds of millions of dollars in the secondary deal in the coming weeks. City sources said the size of his disposal would depend on the valuation that Revolut is able to attract from new investors as well as final allocation decisions by the company and its advisers, Morgan Stanley.Best of the Money blogThe exact…

Comedian and actor Rob Delaney has said he wants to buy the house that his son died in so he can spend his last moments in the same room.In 2018, the US star shared that his son Henry had died aged two after being diagnosed with a brain tumour. Five months later, the 47-year-old and his wife Leah announced they were expecting another child – their fourth son.In an interview for BBC Radio 4’s Desert Island Discs, Delaney – best known for writing and starring in British sitcom Catastrophe – revealed that Henry died in the same living room that…