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Gas hobs or boilers that harm the environment should be banned from being installed in new homes within six years, say government advisers. A report by the Committee on Climate Change (CCC) said that no new homes should be connected to the gas grid from 2025 at the latest. It warned that UK homes are not fit for the future with stalling efforts to cut greenhouse gases from housing and properties at growing risk of overheating and flooding.
Hollywood's awards season reaches a climax at Sunday's Oscars with a cliffhanger over the top prize after a topsy-turvy best picture race marked by the fading of early favorites and the tantalizing question of whether Netflix (Xetra: 552484 - news) can trump traditional movie studios. While Mexican director Alfonso Cuaron's sentimental Netflix (Swiss: NFLX-USD.SW - news) movie "Roma" and historical romp "The Favourite" from Fox Searchlight go into the ceremony with a leading 10 nominations each, there's no guarantee they will come out on top. "This year's Oscar best picture race is as wide open as I have ever seen it," said Matthew Belloni, editorial director of the Hollywood Reporter.
British lawmakers could be given a vote on a revised Brexit deal as soon as next week as negotiators in Brussels scramble to clinch last-minute changes to divorce accord that would avoid a potentially disorderly exit from the European Union. Unless Prime Minister Theresa May can get a Brexit deal approved by the British parliament, then she will have to decide whether to delay Brexit or thrust the world's fifth largest economy into chaos by leaving without a deal on March 29. May, once a reluctant supporter of EU membership who won the top job in the political chaos following the 2016 referendum, has promised to give lawmakers a chance to decide what to do about Brexit on Feb. 27 unless she can bring back a deal.
Three lawmakers from Britain's governing Conservatives quit over the government's "disastrous handling of Brexit" on Wednesday, in a blow to Prime Minister Theresa May's attempts to unite her party around plans to leave the European Union. The lawmakers, who support a second EU referendum and have long said May's Brexit strategy is being led by Conservative eurosceptics, said they would join a new independent group in parliament set up by seven former opposition Labour politicians.
Theresa May has held private talks with the Ineos founder Sir Jim Ratcliffe, Britain's richest man, about his blueprint for a new off-road vehicle amid growing scrutiny of his personal tax affairs. Sky News has learnt that Sir Jim met the prime minister and Greg Clark, the business secretary, late last week to discuss the 4x4 project, which Ineos has said will be constructed either in the UK or in Continental Europe. Sources said that Sir Jim had also raised concerns during the meeting about the Government's fracking policy, which he publicly criticised last week as laying a path for an "energy crisis" that would cause "irreparable damage" to the UK economy.
Police in the US say they are investigating Sir Philip Green after a fitness instructor claimed she was groped by the Topshop billionaire at a luxury resort. A woman came forward with a complaint about the businessman on Monday, prompting detectives in Arizona to look into the allegations. It comes after The Daily Telegraph reported that the 66-year-old's former Pilates instructor, Katie Surridge, said he "spanked" her, touched her inappropriately and made sexual comments at the Canyon Ranch health spa.
Fashion icon and Chanel creative director Karl Lagerfeld has died at the age of 85. The German designer died on Tuesday morning at the American Hospital just outside Paris after being admitted the day before. Known for his indefatigable energy, it was the first time since he took over as the fashion house's creative director in 1983 that he had not spoken to fans - or taken a bow - after a show.
Fashion companies who flout a law requiring them to publish details of their actions to combat slavery should face a penalty under a toughening of legislation, British lawmakers said after holding an inquiry into the industry. Large firms should also be forced to take responsibility for worker abuse and child labour throughout their supply chains, said a report from the Environmental Audit Committee published on Tuesday. "What we can't have is a consequence-free world where people who turn a blind eye to abuses in their supply chain get away scot free," committee chair Mary Creagh told the Thomson Reuters (Dusseldorf: TOC.DU - news) Foundation.
The National Farmers' Union (NFU) is demanding a written guarantee from the government that Brexit won't undermine British farming standards. The union's president Minette Batters will make the call at their conference later today amid growing concerns about the implications of Brexit for farming - whether a deal is struck or not.
Russia's Rusal (HKSE: 0486-OL.HK - news) , the world's second-largest aluminium producer, is in talks to resume reinsuring its risks with Western companies after Washington lifted sanctions on it, officials with Russian National Reinsurance Co (RNRC) said. The reinsurance talks show the company is now trying to return to normal operations.
A NatWest customer was told vegans should be "punched in the face" when she applied for a loan to take a vegan nutrition course. Being vegan is a lifestyle choice, I shouldn't be penalised for it, especially by a big organisation. A NatWest spokesman said: "We are extremely sorry for the way the customer was treated by a member of our staff and apologise for any distress and upset that this behaviour caused.
Striking a pose in the mirror, Swedish model and stylist Lisa Anckarman shows off a new jacket with a difference on Instagram - though it fits her perfectly in the photo, it's a virtual design that does not exist in real life. "I really liked the idea and the aspect that it's good for the environment," Anckarman told the Thomson Reuters Foundation as she discussed her virtual styling. Fashion is one of the world's most damaging industries - it is responsible for about 10 percent of all greenhouse gas emissions, sucks up scarce water and creates vast amounts of pollution and waste.
British cargo is due to set sail for the Far East (Kuala Lumpur: 5029.KL - news) - but the uncertainty clouding Brexit means its fate is unknown. On Monday afternoon, the Liberian-operated boat Thalassa Mana will set sail from Felixstowe bound for Osaka in Japan, carrying freight from the Suffolk port to the other side of the world. A senior MP warns that questions over whether those items can be unloaded or what tariffs will apply when they arrive on 30 March mean they are "sailing into an uncertain future".
Airbus said on Sunday it would have to make "difficult decisions" about future investment if Britain crashes out of the European Union without a deal, adding it had already spent tens of millions of euros in preparations. "There is no such thing as a managed 'no deal', it's absolutely catastrophic for us," senior vice president Katherine Bennett told the BBC's Andrew Marr.
Flybmi passengers have spoken of their frustration after thousands had their travel plans disrupted by the airline's collapse. Hannah Price was due to fly from Brussels to Bristol on Monday and had already checked in when she learnt the company had fallen into administration, with all of its flights cancelled . Ms Price told Sky News: "Unfortunately for me, I was supposed to be flying home with them in less than 48 hours to Bristol.
The founder of LK Bennett, the high street fashion retailer, has drafted in advisers to examine options for the chain nearly 18 months after regaining full control of the business. Sky News has learnt that Linda Bennett has appointed AlixPartners to oversee a strategic review that insiders say could lead to a sale of the company later this year. The appointment of advisers makes LK Bennett the latest in a glut of prominent high street chains to explore capital injections, refinancings or changes of control as they grapple with an increasingly hostile high street environment.
As the United Kingdom's Brexit crisis deepens, Goldman Sachs (NYSE: GS-PB - news) and JPMorgan have differing views of the ultimate outcome but the two titans of Wall Street agree on one thing: They don't believe there will be a no-deal Brexit. Unless Prime Minister Theresa May can get a Brexit deal approved by the British parliament, then she will have to decide whether to delay Brexit or thrust the world's fifth largest economy into chaos by leaving without a deal on March 29.
Amazon has abruptly scrapped a plan to build a new second headquarters in New York that would have created 25,000 jobs. The online retail giant, which is based in Seattle, had chosen a site in Long Island City after a well-publicised search process lasting several months. It blamed the U-turn on local opposition over $2.8bn of incentives promised to it by politicians, saying it did not see consistently "positive, collaborative" relationships with state and local officials.
Sterling was stuck near one-month lows on Thursday after Prime Minister Theresa May lost a symbolic Brexit vote in parliament, weakening her hand as she seeks to renegotiate her withdrawal agreement with Brussels.
British actress Charlotte Rampling said on Thursday she was moved to be awarded the Berlin Film Festival's Golden Bear for lifetime achievement. The 73-year-old, who started her career as a model, is famed for starring in arthouse films. Rampling has starred in a wide range of other films, including "Georgy Girl" (1966) with Lynn Redgrave, Woody Allen's Stardust Memories (1980) and several movies by French director Francois Ozon in the 2000s.
Sterling fell to a four-week low on Thursday ahead of a parliamentary debate on Brexit that could give investors a sense of which way a forthcoming vote on Prime Minister Theresa May's deal with Brussels will go. The parliamentary session is not expected to be a crunch event because May has promised that lawmakers will get another chance to express their opinion on Feb. 27. Many traders are avoiding taking positions until a firm resolution on Brexit is secured.
The European Commission added Saudi Arabia, Panama and four U.S. territories to a blacklist of nations it considers a threat because of lax controls on terrorism financing and money laundering, the EU executive said on Wednesday. The move is part of a crackdown on money laundering after several scandals at EU banks, but it has been criticised by several EU countries, including Britain, that are worried about their economic relations with the listed states, notably Saudi Arabia.
Spain's 10-year bond yield dipped on Tuesday alongside southern European peers but held above recent 10-month lows in a sign of some caution among investors ahead of a budget vote this week and growing talk of a possible early election. Outside the periphery, the bloc's 10-year bond yields edged up as a deal to avert a U.S. government shutdown lifted stocks and dented demand for fixed income. The spotlight fell on Spain, where Prime Minister Pedro Sanchez was reported on Monday to be considering a snap election for mid-April, as the government scrambles to find support to get its 2019 budget through parliament.
The British currency rose off three-week lows against the dollar on Tuesday as Prime Minister Theresa May said the government would seek to speed up ratification of its Brexit withdrawal deal with the European Union if time gets too tight. Time (Frankfurt: A11312 - news) is running out for May to persuade the EU to amend the Brexit deal and then get British lawmakers to approve it, before Britain is scheduled to leave the bloc on March 29. The deadlock and delays over the terms of Brexit have heightened fears among financial investors of a no-deal and disorderly, economically disruptive departure even if the majority of British lawmakers want to avoid one.
Prime Minister Theresa May told lawmakers on Tuesday to hold their nerve over Brexit and give her more time to negotiate a deal acceptable to both the European Union and the British parliament. The United Kingdom is on course to leave the European Union on March 29 without a deal unless May can convince the bloc to amend the divorce deal she agreed last year and get it approved by British lawmakers. The leader of the opposition Labour Party Jeremy Corbyn accused her of running down the clock with sham negotiations to pressure parliament into backing her deal.