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Food prices remain a concern and there are fears they could rise following this summer’s extreme weather, which resulted in poor crop yield, and as further climate changes are predicted.The government has previously said it recognises the level of household food insecurity in the UK is “unacceptable”, external and that it is taking action to drive down prices of essentials, improve access to healthy food and expand free school meals.Hannah Worsley, project manager for Norwich Food Bank, said people who had already made changes to their lifestyle since the cost-of-living crisis began were still struggling to make ends meet.She said:…

Residents, businesses, and charities say they are feeling the pinch of rising costs, with many describing the economy as a key priority ahead of the Isle of Man general election.Several independent shops in Ramsey said custom was down and running costs had become harder to manage, while the island’s foodbank said demand for support had doubled in two years.The Isle of Man Chamber of Commerce warned the Island faced “a very hard five years” ahead, citing a shrinking tax base and the recent loss of many high‑earning jobs.Candidates have been urged to explain how they will fund their plans, support…

China is pumping tens of billions of dollars into eight state-owned banks and insurance companies to help shore up the country’s financial system and boost its slowing economy.The cash injection, which is being led by China’s finance ministry, will total 360 billion yuan ($53.6bn; £39.7bn), state news agency Xinhua said on Sunday.The outlet said the move “will help further enhance their sound operating capabilities, risk resistance capabilities, and ability to serve the real economy”.It marks the latest move in Beijing’s attempts to reinvigorate the world’s second largest economy as it faces issues including trade tensions with the West, the impact…

An Amazon Air cargo plane overshot the runway while attempting to land at Miami International Airport, killing five people and seriously injuring five more.The Boeing 767-300 cargo aircraft crashed just before 14:00 local time (19:00 GMT) after departing from Luis Muñoz Marín International Airport in San Juan, Puerto Rico. The flight also hit several vehicles on the ground.Amazon said that it is “working closely with local authorities and officials to understand exactly what happened”.All flights were ordered grounded by the Federal Aviation Administration (FAA) as fire crews raced to the smoking crash site. The crash comes over Labor Day weekend,…

Chancellor John Healey is set to unveil a £150m fund for companies in the north of England as part of a wider plan to generate more economic growth around the UK.In a speech on Monday, he is expected to outline his proposal to boost development by using public investment to attract private capital.The speech comes against a challenging backdrop as the chancellor faces pressures ahead of his first Budget on 28 October, including concerns about a jump in government borrowing costs and the inflationary impact of the Iran war.In response to Healey’s plan, the Conservatives said that what was being…

Berkshire Hathaway (BRKA -0.48%)(BRKB -0.41%) is off to a strong start in its first year under CEO Greg Abel. Second-quarter operating earnings rose 16% from a year earlier. The stock, near $505 as of this writing, puts the company’s market value at about $1.1 trillion.Whether the next five years look as good is a harder call. Over a stretch that long, the stock should mostly track two numbers — how fast operating earnings grow, and what multiple of those earnings investors will pay.And both numbers hinge, arguably more than anything else, on what Abel does with the company’s $365 billion…

Welcome back to TechCrunch Mobility, your hub for the future of transportation and now, more than ever, the role AI is playing in it. To get this in your inbox, sign up here for free — just click TechCrunch Mobility! Depending on which corner of social media you frequent, the Tesla Cybercab event was either proof that the company is a robotaxi leader delivering the future or an overhyped affair with little substance. Whatever your view, Wall Street wasn’t impressed by the Cybercab event in Austin, which was unusually quiet and lacked the festival-like atmosphere of past Tesla events. CEO…

Liquidated: ‘All your Bitcoin are belong to us’A shade under 4000 Bitcoin worth $319 million has been taken from Liquid Network — with purported “white hat” hackers claiming responsibility. An unverified OP_RETURN message read: “we are whitehats. contact us on chain.”  The Blockstream-run Bitcoin sidechain has been paused as the team attempts to identify the security hole and negotiate the return of funds. The Liquid explorer shows the balance of its federation wallet dropped from 4,200 BTC down to just 207.275 BTC, with 3,998.5 Bitcoin withdrawn.Under normal Liquid mechanics, LBTC is burned on the sidechain before Bitcoin is withdrawn. The transaction…

In brief Ripple struck a multi-year deal with the University of Florida to feature the XRP logo on the field at Ben Hill Griffin Stadium, plus digital properties and signage, alongside a commitment to fund financial and technology education for student-athletes. It’s Ripple’s latest college-sports play, following a deal earlier this year to put the XRP logo on Kansas Jayhawks basketball jerseys. The branding push comes as XRP trades around $1.41—up 34.9% over 30 days but down 49.8% on the year. Ripple is taking its crypto-in-college-sports playbook to the Swamp, striking a multi-year marketing deal with the University of Florida…

Liquidated: ‘All your Bitcoin are belong to us’A shade under 4000 Bitcoin worth $319 million has been taken from Liquid Network — with purported “white hat” hackers claiming responsibility. An unverified OP_RETURN message read: “we are whitehats. contact us on chain.”  The Blockstream-run Bitcoin sidechain has been paused as the team attempts to identify the security hole and negotiate the return of funds. The Liquid explorer shows the balance of its federation wallet dropped from 4,200 BTC down to just 207.275 BTC, with 3,998.5 Bitcoin withdrawn.Under normal Liquid mechanics, LBTC is burned on the sidechain before Bitcoin is withdrawn. The transaction…