Author: SKYNEWS

A guitar used by John Lennon in the recording of The Beatles album and film Help! is going up for auction after being found in a loft.Believed to have been lost, the 12-string acoustic guitar had not been seen or played for more than 50 years before it was rediscovered in the home of a British couple. It is now going up for auction where it is estimated to fetch between £485,000 to £647,000.Auctioneers believe it could set a “new world record for the highest-selling Beatles guitar”.The Hootenanny model, made by German firm Framus, was used by the Liverpool band…

The post office scandal extends “greatly beyond” faulty Horizon software, according to a lawyer for victims.Paul Marshall, representing former sub-postmasters, says problems with third party systems in branches, such as ATMs, have been “overlooked”. A 2013 report commissioned by the Post Office, and not made public at the time, states: “Removing the ATM reduces the risk of (the sub-postmaster) being suspended… as does the presence of lottery tickets, (banking) services, and DVLA processing.”It indicates there were issues known to the Post Office with third party systems within branches – separate to Horizon software.Barrister Paul Marshall believes, as a result, there…

Jean-Michel Jarre is no stranger to pioneering technology – so it was fitting he has become the first passenger to take off in KleinVision’s flying car.Known for his laser show concerts – watched by millions – he was a frontrunner in the electronic, ambient and new-age genres of music. And as a long-time supporter of future tech – he jumped at the chance to complete two flights in the record-breaking vehicle at Piestany international airport in Slovenia.”One second you speak to the driver, and next, you are up there in the air. An amazing experience,” he said. Image: Jean-Michel Jarre…

Tesla’s quarterly revenue has dropped for the first time in almost four years, according to financial result filings, demonstrating why the electric carmaker is cutting prices further along with its cost base.The company, founded and run by Elon Musk, reported revenues of $21.3bn over the first three months of the year, its first quarter. That was down 9% on the $23.3bn sum achieved in the same period last year.However, Tesla shares – down by around 40% over the year to date – were 6% higher in after-hours trading.That was mostly explained by an announcement that the promised launch of new…

Senior figures at the Post Office began describing computer bugs as “exceptions” as they grappled with mounting complaints from sub-postmasters about its faulty Horizon IT system, it has emerged.The then Post Office chief executive Paula Vennells made the suggestion to colleagues after she asked her husband for advice on a “non-emotive” way of referring to computer problems, the inquiry into the Post Office scandal heard. It came amid concern within the company about bad publicity over the prosecution of sub-postmasters accused of stealing from branches.Between 1999 and 2015, more than 700 Post Office managers were prosecuted after the faulty accounting…

The FTSE 100 has hit a second all-time closing high in as many days.The index of the UK’s biggest 100 listed companies, having earlier hit a new intra-day high of 8,075.52 at just after 8.24am on Tuesday, finished the session up 20.94 points, around 0.26%, at 8044.81. It’s worth reflecting it has taken just over a year for the premier index to recapture the summit last achieved when, on 16 February 2023, the FTSE hit the dizzying heights of 8,047.06.A fair bit has happened since then.Money latest: Petrol price spikes and ‘stealth’ raid on Britons’ inheritance revealed When the FTSE…

The family at the centre of allegations against former BBC newsreader Huw Edwards have said they are “still suffering”.The mother of the young person involved has said the family had “so many questions” after his resignation from the BBC was announced on Monday. Speaking to The Sun, she said Edwards’s resignation wasn’t “the end for us”.The BBC said Edwards had stepped aside “on the basis of medical advice from his doctors”.It brought to an end a 40-year career at the broadcaster, which included fronting coverage of the 2019 General Election and major national events such as the death of Queen…

A former HR director at the Post Office, whose misconduct claims against chief executive Nick Read were dismissed following an internal investigation, has written to MPs in a bid to plead her case.Jane Davies, who was in post for seven months from December 2022 until she was dismissed, claimed Mr Read led a “deliberate campaign to defame and ostracise me” after she failed to secure him a satisfactory pay rise. In the March-dated letter released by the business and trade committee on Tuesday, Ms Davies said she spent the first eight weeks in her role as group chief people officer…

Richard Osman has revealed three out of four of the lead characters for the forthcoming big screen adaptation of The Thursday Murder Club.Helen Mirren, Pierce Brosnan and Ben Kingsley will take on the roles of Elizabeth Best, Ron Ritchie and Ibrahim Arif respectively. Image: Helen Mirren, Pierce Brosnan and Ben Kingsley. Pic: AP The Pointless host shared the names of the key cast members on his bi-weekly podcast The Rest Is Entertainment, which he presents with journalist Marina Hyde.Chris Columbus – the man behind Home Alone, Mrs Doubtfire and two Harry Potter movies – is set to write and direct…

Associated British Foods, the parent company of Primark, says pre-tax half-year profits jumped by 37% in the six months to March.On today’s episode, Ian King looks at what that has done for its share price. Meanwhile, he digs into the markets after a record-high FTSE 100 close of 8,023.Plus, a blow for Chancellor Jeremy Hunt after government borrowing came in higher than forecast.Listen and subscribe to The Ian King Business Podcast here. Source link