BREAKING NEWS Massive solar storm causes worldwide blackouts as experts warn the worst is yet to come
The sun has unleashed the strongest solar flare of the year, triggering strong radio blackouts across the globe.
Early Tuesday morning, an X-class solar flare — the biggest kind — shot out of a newly emerging sunspot called AR4087. Sunspots are cool, dark regions on the sun's surface where the magnetic field is much stronger than anywhere else.
These areas of intense magnetic activity can emit bursts of plasma called solar flares. If a flare is large enough and directed toward Earth, it can send radiation hurtling toward our planet.
When those charged particles reach the outer layer of Earth's atmosphere, they create long lasting radiation storms — or geomagnetic storms — that may trigger radio blackouts, knock out power grids and damage satellites.
The geomagnetic storm caused by Tuesday's solar flare led to strong radio blackouts across Europe, Asia and the Middle East.
This is a developing story. More updates to come.
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Sky News
2 hours ago
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The winners and losers in Rachel Reeves's spending review
"It's a big deal for this government," says Simon Case. "It's the clearest indication yet of what they plan to do between now and the general election, a translation of their manifesto. "This is where you should expect the chancellor to say, on behalf of the government: 'This is what we're about'." As the former cabinet secretary, Mr Case was the man in charge of the civil service during the last spending review, in 2021. On Wednesday, Rachel Reeves will unveil the Labour government's priorities for the next three years. But it's unclear whether it will provide all that much of an answer about what it's really about. Unlike the Autumn budget, when the chancellor announced her plans on where to tax and borrow to fund overall levels of spending, the spending review will set out exactly how that money is divided up between the different government departments. Since the start of the process in December those departments have been bidding for their share of the cash - setting out their proposed budgets in a negotiation which looks set to continue right up to the wire. This review is being conducted in an usual level of detail, with every single line of spending assessed, according to the chancellor, on whether it represents value for money and meets the government's priorities. Budget proposals have been scrutinised by so called "challenge panels" of independent experts. It's clear that health and defence will be winners in this process given pre-existing commitments to prioritise the NHS - with a boost of up to £30bn expected - and to increase defence spending. On Sunday morning, the government press release trumpeted an impressive-sounding "£86bn boost" to research and development (R&D), with the Science and Technology Secretary Peter Kyle sent out on the morning media round to celebrate as record levels of investment. 14:18 We're told this increased spending on the life sciences, advanced manufacturing and defence will lead to jobs and growth across the country, with every £1 in investment set to lead to a £7 economic return. But the headline figure is misleading. It's not £86bn in new funding. That £86bn has been calculated by adding together all R&D investment across government for the next three years, which will reach an annual figure of £22.5bn by 2029-30. The figure for this year was already set to be £20.4bn; so while it's a definite uplift, much of that money was already allocated. Peter Kyle also highlighted plans for "the most we've ever spent per pupil in our school system". I understand the schools budget is to be boosted by £4.5bn. Again, this is clearly an uplift - but over a three-year period, that equates to just £1.5bn a year (compared with an existing budget of £63.7bn). It also has to cover the cost of extending free school meals, and the promised uplift in teachers' pay. In any process of prioritisation there are losers as well as winners. We already know about planned cuts to the Department of Work and Pensions - but other unprotected departments like the Home Office and the Department of Communities and Local Government are braced for a real spending squeeze. We've heard dire warnings about austerity 2.0, and the impact that would have on the government's crime and policing priorities, its promises around housing and immigration, and on the budgets for cash-strapped local councils. The chancellor wants to make it clear to the markets she's sticking to her fiscal rules on balancing the books for day-to-day spending. But the decision to loosen the rules around borrowing to fund capital investment have given her greater room to manoeuvre in funding long-term infrastructure projects. That's why we've seen her travelling around the country this week to promote the £15.6bn she's spending on regional transport projects. The Treasury team clearly wants to focus on promoting the generosity of these kind of investments, and we'll hear more in the coming days. But there's a real risk the story of this spending review will be about the departments which have lost out - and the promises which could slip as a result.
Sky News
4 hours ago
- Sky News
Real risk Rachel Reeves's spending review will be about the departments that have lost out
"It's a big deal for this government," says Simon Case. "It's the clearest indication yet of what they plan to do between now and the general election, a translation of their manifesto. "This is where you should expect the chancellor to say, on behalf of the government: 'This is what we're about'." As the former cabinet secretary, Mr Case was the man in charge of the civil service during the last spending review, in 2021. On Wednesday, Rachel Reeves will unveil the Labour government's priorities for the next three years. But it's unclear whether it will provide all that much of an answer about what it's really about. Unlike the Autumn budget, when the chancellor announced her plans on where to tax and borrow to fund overall levels of spending, the spending review will set out exactly how that money is divided up between the different government departments. Since the start of the process in December those departments have been bidding for their share of the cash - setting out their proposed budgets in a negotiation which looks set to continue right up to the wire. This review is being conducted in an usual level of detail, with every single line of spending assessed, according to the chancellor, on whether it represents value for money and meets the government's priorities. Budget proposals have been scrutinised by so called "challenge panels" of independent experts. It's clear that health and defence will be winners in this process given pre-existing commitments to prioritise the NHS - with a boost of up to £30bn expected - and to increase defence spending. On Sunday morning, the government press release trumpeted an impressive-sounding "£86bn boost" to research and development (R&D), with the Science and Technology Secretary Peter Kyle sent out on the morning media round to celebrate as record levels of investment. 14:18 We're told this increased spending on the life sciences, advanced manufacturing and defence will lead to jobs and growth across the country, with every £1 in investment set to lead to a £7 economic return. But the headline figure is misleading. It's not £86bn in new funding. That £86bn has been calculated by adding together all R&D investment across government for the next three years, which will reach an annual figure of £22.5bn by 2029-30. The figure for this year was already set to be £20.4bn; so while it's a definite uplift, much of that money was already allocated. Peter Kyle also highlighted plans for "the most we've ever spent per pupil in our school system". I understand the schools budget is to be boosted by £4.5bn. Again, this is clearly an uplift - but over a three-year period, that equates to just £1.5bn a year (compared with an existing budget of £63.7bn). It also has to cover the cost of extending free school meals, and the promised uplift in teachers' pay. In any process of prioritisation there are losers as well as winners. We already know about planned cuts to the Department of Work and Pensions - but other unprotected departments like the Home Office and the Department of Communities and Local Government are braced for a real spending squeeze. We've heard dire warnings about austerity 2.0, and the impact that would have on the government's crime and policing priorities, its promises around housing and immigration, and on the budgets for cash-strapped local councils. The chancellor wants to make it clear to the markets she's sticking to her fiscal rules on balancing the books for day-to-day spending. But the decision to loosen the rules around borrowing to fund capital investment have given her greater room to manoeuvre in funding long-term infrastructure projects. That's why we've seen her travelling around the country this week to promote the £15.6bn she's spending on regional transport projects. The Treasury team clearly wants to focus on promoting the generosity of these kind of investments, and we'll hear more in the coming days. But there's a real risk the story of this spending review will be about the departments which have lost out - and the promises which could slip as a result.
Sky News
8 hours ago
- Sky News
Rachel Reeves turning around UK's finances 'like Steve Jobs did for Apple', claims minister
Rachel Reeves will turn around the economy the way Steve Jobs turned around Apple, a cabinet minister has suggested ahead of the upcoming spending review. Science and Technology Secretary Peter Kyle compared the chancellor to the late Apple co-founder when asked on Sky News' Sunday Morning with Trevor Phillips where the £86bn for his department is coming from. The package, confirmed ahead of the full spending review next week, will see each region in England granted £500m to spend on science projects of their choice, including research into faster drug treatments. Asked by Trevor Phillips how the government is finding the money, Mr Kyle said: "Rachel raised money in taxes in the autumn, we are now allocating it per department. "But the key thing is we are going to be investing record amounts of money into the innovations of the future. "Just bear in mind that how Apple turned itself around when Steve Jobs came back to Apple, they were 90 days from insolvency. That's the kind of situation that we had when we came into office. "Steve Jobs turned it around by inventing the iMac, moving to a series of products like the iPod. "Now we are starting to invest in the vaccine processes of the future, some of the high-tech solutions that are going to be high growth. We're investing in our space sector... they will create jobs in the future." The spending review is a process used by governments to set departmental budgets for the years ahead. Asked if it will include more detail on who will receive winter fuel payments, Mr Kyle said that issue will be "dealt with in the run-up to the autumn". "This is a spending review that's going to set the overall spending constraints for government for the next period, the next three years, so you're sort of talking about two separate issues at the moment," he said. 0:42 Scrapping universal winter fuel payments was one of the first things Labour did in government - despite it not being in their manifesto - with minsters saying it was necessary because of the financial "blackhole" left behind by the Tories. But following a long-drawn out backlash, Sir Keir Starmer said last month that the government would extend eligibility, which is now limited to those on pension credit. It is not clear what the new criteria will be, though Ms Reeves has said the changes will come into place before this winter. Mr Kyle also claimed the spending review will see the government invest "the most we've ever spent per pupil in our school system". However, he said the chancellor will stick to her self-imposed fiscal rules - which rule out borrowing for day-to-day spending - meaning that while some departments will get extra money, others are likely to face cuts.
