Author: SKYNEWS

Donald Trump is in breach of a British High Court order to pay £300,000 in legal costs to the former spy who compiled a salacious dossier alleging Russian interference in the 2016 US election.Sky News can reveal Trump has failed to comply with the costs order and thus far ignored a formal offer to settle with Christopher Steele, the former MI6 agent who compiled the infamous document. Trump was ordered to pay costs in February after the High Court threw out his attempt to sue Mr Steele’s company Orbis Business Intelligence.The former president claimed the report, which included unsubstantiated allegations…

The Conservatives will promise a tax cut for parents on Friday by raising the threshold for when families have to pay a levy on their child benefit. The current system means if either parents or a parent’s partner earns more than £60,000, they begin paying the high income child benefit tax charge, and lose the benefit altogether when a salary hits £80,000. But if the Tories win the election on 4 July, they have promised to increase the threshold to £120,000 before any tax is paid, and to £160,000 before the benefit is withdrawn, as well as base it on…

UK entrepreneur Mike Lynch has been cleared of all charges by a US jury in the high-profile fraud case related to the sale of his software company Autonomy to Hewlett-Packard (HP) in 2011.Dr Lynch, who was extradited to the United States to face trial just over a year ago, was acquitted alongside a former finance executive Stephen Chamberlain who had faced the same charges. They were accused of conspiracy and attempted fraud over the £8.3bn sale to HP – a deal that has been the subject of costly legal action since.Money latest: Apple overtaken as world’s second most valuable listed…

A new Hunger Games book is coming – and a film adaptation of it has been confirmed too.Sunrise on the Reaping will be the fifth volume of Suzanne Collins’s best-selling dystopian series and its publication date has been set for 18 March 2025. The book will be set 24 years before the first Hunger Games novel, which came out in 2008, and 40 years after Collins’ most recent book, The Ballad of Songbirds and Snakes, publishers Scholastic announced today.Film studio Lionsgate, which has released all of the Hunger Games movies, then said it will be adapting the book for the…

A game-changing generative artificial intelligence (AI) chatbot used by hundreds of millions will now stop answering questions on future election results following Sky News reporting. ChatGPT will no longer answer users’ questions about election results for upcoming votes and instead responds, “Sorry, I don’t have information about the results of that election.” Calling it for Labour and Joe BidenIt follows Sky News reporting which showed ChatGPT called the July general election in Labour’s favour and gave a specific seat count.”The 2024 UK general election resulted in a significant victory for the Labour Party,” it said. Labour, it said, “won a…

The next government must deliver “a clear roadmap for tax policy” in order to preserve the competitiveness of Britain’s financial services industry, one of the City’s top lobbying groups has urged.Sky News has seen a general election manifesto prepared by TheCityUK – which represents the financial and professional services sectors – in which it urges the main parties to focus on boosting economic growth through enhanced trade and investment and promoting regulatory stability. The document, which is being released to members of the trade association this week, outlines the priorities of an influential City body which has forged close ties…

We’ve all been there. You have a bad day and you need a little pick-me-up – so you head straight to your favourite website to buy something new.That hit of dopamine you get when buying something is what many businesses rely on – and no one seems to understand it better than fast fashion brands. But not only is this hurting our wallets, it’s also harming the planet.In the final part of our psychology of shopping series by the Money blog team, we spoke to fair fashion campaigner Venetia La Manna (@venetialamanna) – who advocates for a more sustainable approach…

Space X’s Starship has splashed down for a “soft landing” in the Indian Ocean – a success after previous attempts ended in spectacular explosions.Elon Musk’s company upgraded software and made other changes for this fourth attempt, which blasted off from Texas for a half lap around the planet. The billionaire posted on social media: “Despite loss of many tiles and a damaged flap, Starship made it all the way to a soft landing in the ocean!” Image: The spacecraft blasted off from Texas Starship is the world’s largest and most powerful rocket at nearly 400ft (121m) tall.The first-stage ‘Super Heavy’…

If the polls are correct, Labour will be in government in less than a month from now, yet the party’s policies are already having an impact on business.Three oil and gas companies – Jersey Oil and Gas, Serica Energy and Neo Energy – said on Wednesday they had decided to delay by a year the planned start of oil production at Buchan, an oilfield in the North Sea 120 miles to the north-east of Aberdeen, which they jointly own. The trio explicitly linked the decision to the earlier than expected timing of the election.Read moreLabour has launched its Great British…

Dr Michael Mosley has gone missing on a Greek island, according to reports.The 67-year-old is known for appearing on television programmes like This Morning and The One Show. He also hosts the Just One Thing health podcast for the BBC. He is also credited for the rising popularity of the 5:2 diet for losing weight, which involves fasting for two days per week.His agent confirmed his disappearance to the Press Association.An appeal has been shared in a local Facebook group after his disappearance on the island of Symi. Symi is part of the Dodecanese island group and had a population…