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IFS: Spending Review 2020 will feel close to return to austerity for some public services

1 month ago   |   By Herald Scotland

THE impact of Rishi Sunak's Spending Review will feel close to a return to austerity for some public services while six million lower-income households face a £1,000 cut to their benefits next year, financial experts have warned.
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Rishi Sunak budget will see six million poor households lose £1,000 next year

Rishi Sunak budget will see six million poor households lose £1,000 next year

1 month ago   |   By Daily Record

Economic think tanks have warned the decision not to extend the £20 rise to Universal Credit will hit poor families as unemployment reaches a peak next March.
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Donald Trump ‘in talks to start new Patriot Party' after leaving White House

Donald Trump ‘in talks to start new Patriot Party' after leaving White House

Donald Trump said it's only the ‘beginning' of his MAGA movement in his farewell speech Donald Trump is talking about starting a new ‘Patriot Party' after he leaves the White... Read more ...

10 things in tech you need to know today

10 things in tech you need to know today

Summary List Placement Good morning! This is the tech news you need to know this Wednesday. Sign up here to get this email in your inbox every morning. Have an Amazon Alexa... Read more ...

Trump is considering starting the 'Patriot Party' after facing criticism...

Trump is considering starting the 'Patriot Party' after facing criticism from top Republicans over Capitol riot, The Wall Street Journal reports

Summary List Placement Embittered by critical comments from some top Republicans, outgoing President Donald Trump is considering a launch of a new third party, The Wall Street... Read more ...

Netflix added 8.5 million paid subscribers in Q4, surpassing 200 million for...

Netflix added 8.5 million paid subscribers in Q4, surpassing 200 million for the first time despite slowed growth following a massive pandemic-driven spike

Summary List Placement Netflix surpassed 200 million paid subscribers during the fourth quarter. On Tuesday, the streaming giant said it added 8.51 million paid subscribers... Read more ...

Ex-Aston CEO: "Build batteries or lose UK car industry"

Ex-Aston CEO: "Build batteries or lose UK car industry"

Dr Andy Palmer warns Prime Minister that Brexit ‘rules of origin' make UK battery production vital An urgent plan to build four battery ‘gigafactories' in the UK within the... Read more ...

Bank of America's 4th-quarter profit beats expectations, but revenue drops...

Bank of America's 4th-quarter profit beats expectations, but revenue drops 10% as low interest rates hurt its consumer banking division

Summary List Placement Bank of America posted fourth-quarter profits of $5.5 billion, beating analyst expectations. Revenue dropped 10% to $20.1 billion, hurt by low interest... Read more ...

Activist investor Ryan Cohen scores 300% gain on GameStop stock in under 6...

Activist investor Ryan Cohen scores 300% gain on GameStop stock in under 6 months

Summary List Placement Activist investor Ryan Cohen has notched a 300% gain on his GameStop investment. The Chewy cofounder spent $76 million for 9 million shares in the... Read more ...

Best LG TVs 2021: LCD, OLED, 4K HDR

Best LG TVs 2021: LCD, OLED, 4K HDR

Pick the right LG TV and you'll be treated to some of the best pictures on the market. Here's our pick of LG's current crop. Read more ...

Iced Earth guitarist arrested for storming US Capitol

Iced Earth guitarist arrested for storming US Capitol

The musician has been arrested Iced Earth guitarist Jon Schaffer has been arrested for his involvement in the US Capitol riots on January 6 . The heavy metal musician is said... Read more ...

Billionaire investor Howard Marks compares gold's value to a 'superstition'...

Billionaire investor Howard Marks compares gold's value to a 'superstition' and criticizes taxes on unrealized gains

Summary List Placement Howard Marks expressed skepticism about gold and taxes on unrealized gains this week. Gold's value is "almost like a superstition," the billionaire... Read more ...