Elon Musk blames ‘supply chain pressure’ as Tesla announce $500 price increase on all models in FIFTH hike since February Tesla CEO Elon Musk is blaming ‘supply chain pressures’ for the fifth price increase on Model 3 and Model Y vehicles since February He said the prices of raw materials especially were increasing Prices on … Read more
About two-thirds of all U.S. coronavirus cases identified over the past three months may be linked to the variant first identified in the UK, a new study suggests. There are at least 11,569 cases of the strain, known as B 1.1.7, in the U.S., according to the Centers for Disease Control and Prevention (CDC). But … Read more
Brazil’s coronavirus death rate tripled among people in their 20s in February as the country’s dangerous new variant took over, a study has found. Researchers investigated the ratio of Covid cases to deaths in Brazil last month and found it surged in young people. Even though the numbers of cases across the country were declining … Read more
Car production falls for an 18th consecutive month as outputs slip to a decade low in February Some 105,000 new motors came off UK assembly lines last month, SMMT says It is the lowest output in a February since 2010, official figures have confirmed Four in five new models built in the UK are exported … Read more
Mass coronavirus vaccination sites across the UK have announced they will close temporarily next month due to looming supply issues – as Matt Hancock revealed the jabs have saved at least 6,000 lives already in the UK. Vaccine centres in Devon, Cornwall and Kent are among those to have confirm they will ‘have to pause’ during … Read more
CPI inflation rate drops to 0.4% in February with clothes and cars getting cheaper after renewed lockdown – easing fears over rising prices Headline CPI rate of inflation fell from 0.7 per cent to 0.4 per cent in February Suprised economists who had been expecting a slight uptick in the annual rate Clothes and second … Read more
Disney’s Death on the Nile starring Armie Hammer and Gal Gadot is pushed back to February 2022 amid his cannibalism controversy The film had originally been scheduled for a December 2019 release date, but was pushed back multiple times due to the COVID-19 pandemic In addition to the global coronavirus disaster, the movie’s main character … Read more
Housing transactions jumped a quarter in February in what has been described as a show of ‘remarkable resilience’ in the market. There was a huge 23 per cent increase in transactions between January and February, on a seasonally-adjusted basis, official figures show. In total, there were 147,050 homes bought or sold in February 2021, according … Read more
Rishi Sunak vows to balance the books as Government breaks ANOTHER borrowing record with £19.1billion racked up in February and UK’s national debt hitting £2.13TRILLION Borrowing was £19.1billion in February the highest on record for the month Rishi Sunak insisted he will return public finances to a more sustainable path The UK’s debt mountain has … Read more
Last month the Earth had its coldest February in seven years, thanks to the effect of La Niña. The irregular weather pattern causes abnormally strong winds that make the ocean colder than normal. During February, the average temperature in the contiguous US was 30.6 F, or 3.2°F below the 20th century average. But it was … Read more