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Month: October 2022

New UK finance minister rips up Truss’ economic plan in stunning policy reversal

By Julia Horowitz, CNN Business Britain’s new finance minister announced a comprehensive retreat on the UK government’s tax-and-spending plans on Monday in a frantic effort to calm jittery markets and restore the government’s credibility. Just four days into the job, Jeremy Hunt said he would reverse “almost all” tax measures announced three weeks ago by

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Russia launches ‘kamikaze’ drone attack on Kyiv, killing 4 and hitting civilian infrastructure

By Victoria Butenko, Olga Voitovych and Yulia Kesaieva, CNN Ukrainian officials said at least four people were killed when Russia launched a barrage of Iranian-made “kamikaze” drone attacks in Kyiv on Monday, setting off warning sirens across the capital. Four people were injured in the attacks and 19 people trapped under the destruction have been

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‘It’s our Mona Lisa’: L.S. Lowry’s ‘Going to the Match’ faces uncertain future ahead of $9 million auction

By George Ramsay, CNN It’s been described as “quite simply the finest football painting ever” and is estimated to fetch up to $9 million at auction later this month, but the sale of L.S. Lowry’s “Going to the Match” could see the much-loved artwork disappear from public display. The 1953 painting, which depicts crowds of

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